NOT LISTED FOR SALE

509 Elm St Frankfort, IL 60423

North Frankfort Neighborhood

Estimated Value: $373,264 - $398,000

-- Bed
-- Bath
1,716 Sq Ft
$224/Sq Ft Est. Value

About This Home

This home is located at 509 Elm St, Frankfort, IL 60423 and is currently estimated at $384,316, approximately $223 per square foot. 509 Elm St is a home located in Will County with nearby schools including Grand Prairie Elementary School, Chelsea Intermediate School, and Hickory Creek Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2019
Sold by
Demkowicz Michael R
Bought by
Reynolds Richard J and Reynolds Suzanne E
Current Estimated Value
$384,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,879
Outstanding Balance
$166,318
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$204,411
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reynolds Richard J $220,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Richard J $21,603
Closed Reynolds Richard J $0
Open Reynolds Richard J $184,879
Closed Reynolds Richard J $184,879
Closed Reynolds Richard J $184,879
Previous Owner Demkowicz Michael R $128,852
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $9,013 $108,745 $19,867 $88,878
2022 $7,897 $99,048 $18,095 $80,953
2021 $7,438 $92,664 $16,929 $75,735
2020 $7,249 $90,053 $16,452 $73,601
2019 $7,013 $87,643 $16,012 $71,631
2018 $6,884 $85,124 $15,552 $69,572
2017 $6,876 $83,137 $15,189 $67,948
2016 $6,710 $80,287 $14,668 $65,619
2015 $6,448 $77,459 $14,151 $63,308
2014 $6,448 $76,921 $14,053 $62,868
2013 $6,448 $77,918 $14,235 $63,683
Source: Public Records

Map

Illinois Will County Frankfort 60423 North Frankfort

509 Elm St, Frankfort, IL

This home is located at 509 Elm St, Frankfort, IL 60423 and is currently estimated at $384,316, approximately $223 per square foot. 509 Elm St is a home located in Will County with nearby schools including Grand Prairie Elementary School, Chelsea Intermediate School, and Hickory Creek Middle School.

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