NOT LISTED FOR SALE

616 Central Rd New Lenox, IL 60451

Estimated Value: $431,308 - $551,000

-- Bed
-- Bath
-- Sq Ft
0.28 Acres

About This Home

This home is located at 616 Central Rd, New Lenox, IL 60451 and is currently estimated at $497,327. 616 Central 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
Aug 20, 2020
Sold by
Kahne Michael L and Kahne Sara K
Bought by
Kahne Michael L and Kahne Sara K
Current Estimated Value
$497,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,983
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 2014
Sold by
Scott John R and Jackson Sara L
Bought by
Kahne Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
4.11%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 10, 2002
Sold by
Scott Laura A
Bought by
Scott John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.93%

Purchase Details

Closed on
Feb 24, 1998
Sold by
Lundquist David S and Lundquist Margery R
Bought by
Scott John R and Scott Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7%

Purchase Details

Closed on
Aug 21, 1992
Bought by
Scott John R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Kahne Michael L -- None Available
Kahne Michael L $310,000 Fidelity National Title
Scott John R -- Metropolitan Title Company
Scott John R $225,000 --
Scott John R $214,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kahne Michael L $316,200
Closed Kahne Michael L $315,983
Closed Kahne Michael L $62,000
Closed Kahne Michael L $7,500
Closed Kahne Michael L $276,500
Previous Owner Scott John R $133,850
Previous Owner Scott John R $133,350
Previous Owner Scott John R $131,000
Previous Owner Scott John R $10,000
Previous Owner Scott John R $140,000
Closed Scott John R $60,000
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 $11,219 $133,313 $32,414 $100,899
2022 $10,107 $122,813 $29,861 $92,952
2021 $9,597 $115,501 $28,083 $87,418
2020 $9,325 $111,380 $27,081 $84,299
2019 $8,926 $107,926 $26,241 $81,685
2018 $8,721 $104,207 $25,337 $78,870
2017 $8,287 $101,212 $24,609 $76,603
2016 $8,045 $98,503 $23,950 $74,553
2015 $7,751 $95,402 $23,196 $72,206
2014 $7,751 $94,225 $22,910 $71,315
2013 $7,751 $95,495 $23,219 $72,276
Source: Public Records

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