NOT LISTED FOR SALE

705 Schoolgate Rd New Lenox, IL 60451

Estimated Value: $349,000 - $405,000

3 Beds
3 Baths
1,613 Sq Ft
$230/Sq Ft Est. Value

About This Home

This home is located at 705 Schoolgate Rd, New Lenox, IL 60451 and is currently estimated at $370,299, approximately $229 per square foot. 705 Schoolgate 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
Jun 29, 2017
Sold by
Ferraro John M and Ferraro Katherine B
Bought by
Witte Michael J and Witte Beata A
Current Estimated Value
$370,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,300
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2001
Sold by
Ryan Timothy D and Ryan Janet Lynn
Bought by
Ferraro John M and Becker Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,550
Interest Rate
7.03%

Purchase Details

Closed on
Mar 19, 1996
Sold by
Turrisi John A and Turrisi Michelle L
Bought by
Ryan Timothy D and Ryan Janet Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
7.06%
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
Witte Michael J $254,000 Fidelity National Title Ins
Ferraro John M $169,000 --
Ryan Timothy D $131,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Witte Michael J $211,000
Closed Witte Michael J $241,300
Previous Owner Ferraro John M $184,100
Previous Owner Ferraro John M $196,000
Previous Owner Ferraro John M $24,450
Previous Owner Ferraro John M $25,000
Previous Owner Ferraro John M $164,000
Previous Owner Ferraro John M $14,600
Previous Owner Ferraro John M $160,550
Previous Owner Ryan Timothy D $111,500
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
2024 $8,314 $110,445 $33,360 $77,085
2023 $8,314 $100,679 $30,410 $70,269
2022 $7,506 $92,749 $28,015 $64,734
2021 $7,119 $87,227 $26,347 $60,880
2020 $6,912 $84,115 $25,407 $58,708
2019 $6,612 $81,507 $24,619 $56,888
2018 $6,455 $78,697 $23,770 $54,927
2017 $6,131 $76,435 $23,087 $53,348
2016 $5,948 $74,389 $22,469 $51,920
2015 $5,753 $72,048 $21,762 $50,286
2014 $5,753 $71,158 $21,493 $49,665
2013 $5,753 $72,117 $21,783 $50,334
Source: Public Records

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