586 W Michigan Rd New Lenox, IL 60451
Estimated Value: $421,952 - $487,000
--
Bed
--
Bath
--
Sq Ft
0.26
Acres
About This Home
This home is located at 586 W Michigan Rd, New Lenox, IL 60451 and is currently estimated at $451,488. 586 W Michigan Rd is a home located in Will County with nearby schools including Bentley Elementary School, Arnold J Tyler School, and Alex M Martino Jr High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 5, 2025
Sold by
Sheehey George and Sheehey Tama J
Bought by
George And Tama Sheehey Trust
Current Estimated Value
Purchase Details
Closed on
Jul 1, 2005
Sold by
Tice Karen L
Bought by
Sheehey George J and Sheehey Tama J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,300
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 13, 1996
Sold by
Nlsb
Bought by
Tice Karen L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.87%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
George And Tama Sheehey Trust | -- | None Listed On Document | |
Sheehey George J | $287,000 | -- | |
Tice Karen L | $193,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Sheehey George J | $60,000 | |
Previous Owner | Sheehey George J | $196,200 | |
Previous Owner | Sheehey George J | $224,200 | |
Previous Owner | Sheehey George J | $248,000 | |
Previous Owner | Sheehey George J | $40,000 | |
Previous Owner | Sheehey George J | $258,300 | |
Previous Owner | Tice Karen L | $110,840 | |
Previous Owner | Tice Karen L | $120,000 |
Source: Public Records
Tax History Compared to Growth
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 | $10,022 | $119,874 | $29,594 | $90,280 |
2022 | $9,036 | $110,432 | $27,263 | $83,169 |
2021 | $8,576 | $103,858 | $25,640 | $78,218 |
2020 | $8,331 | $100,152 | $24,725 | $75,427 |
2019 | $7,973 | $97,046 | $23,958 | $73,088 |
2018 | $7,788 | $93,701 | $23,132 | $70,569 |
2017 | $7,399 | $91,007 | $22,467 | $68,540 |
2016 | $7,181 | $88,572 | $21,866 | $66,706 |
2015 | $6,917 | $85,784 | $21,178 | $64,606 |
2014 | $6,917 | $84,725 | $20,917 | $63,808 |
2013 | $6,917 | $85,867 | $21,199 | $64,668 |
Source: Public Records
Map
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