7116 W Corning Rd Peotone, IL 60468
Estimated Value: $201,394 - $300,000
Studio
--
Bath
--
Sq Ft
9,148
Sq Ft Lot Lot
About This Home
This home is located at 7116 W Corning Rd, Peotone, IL 60468 and is currently estimated at $263,849. 7116 W Corning Rd is a home located in Will County with nearby schools including Peotone Elementary School, Peotone Intermediate Center, and Peotone Junior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 6, 2009
Sold by
Reynolds Lorraine F
Bought by
Gilmer John W
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,367
Outstanding Balance
$110,775
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$153,074
Purchase Details
Closed on
May 13, 2008
Sold by
Peotone Bank & Trust Co
Bought by
Reynolds Lorraine F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 10, 1996
Sold by
Knickrehm Beverly J and Knickrehm Leland A
Bought by
Meier Larry H and Meier Cheryl L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.05%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gilmer John W | $165,000 | Chicago Title Insurance Co | |
| Reynolds Lorraine F | $125,000 | Millennium Title Group | |
| Meier Larry H | $105,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gilmer John W | $168,367 | |
| Previous Owner | Reynolds Lorraine F | $150,000 | |
| Previous Owner | Meier Larry H | $84,000 |
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 | $2,866 | $58,137 | $1,938 | $56,199 |
| 2023 | $2,866 | $54,303 | $1,810 | $52,493 |
| 2022 | $2,715 | $49,833 | $1,661 | $48,172 |
| 2021 | $2,618 | $46,382 | $1,546 | $44,836 |
| 2020 | $2,541 | $44,110 | $1,470 | $42,640 |
| 2019 | $3,063 | $49,435 | $6,795 | $42,640 |
| 2018 | $3,139 | $47,261 | $6,496 | $40,765 |
| 2017 | $2,888 | $43,383 | $5,963 | $37,420 |
| 2016 | $2,757 | $41,356 | $5,684 | $35,672 |
| 2015 | $2,566 | $39,034 | $5,365 | $33,669 |
| 2014 | $2,566 | $38,269 | $5,260 | $33,009 |
| 2013 | $2,566 | $39,412 | $5,417 | $33,995 |
Source: Public Records
Map
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