7422 W Inverness Ln Frankfort, IL 60423
Frankfort Square NeighborhoodEstimated Value: $369,000 - $428,000
3
Beds
4
Baths
1,572
Sq Ft
$250/Sq Ft
Est. Value
About This Home
This home is located at 7422 W Inverness Ln, Frankfort, IL 60423 and is currently estimated at $392,538, approximately $249 per square foot. 7422 W Inverness Ln is a home located in Will County with nearby schools including Frankfort Square Elementary School, Summit Hill Junior High School, and Lincoln-Way East High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 29, 1994
Sold by
Janis Jeffrey M and Janis Laura L
Bought by
Orowick John J and Orowick Theresa M
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
$134,000
Interest Rate
8.6%
Purchase Details
Closed on
Dec 30, 1992
Bought by
Orowick John J T
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Orowick John J | $154,000 | -- | |
| Orowick John J T | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Orowick John J | $134,000 |
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 |
|---|---|---|---|---|
| 2024 | $10,157 | $128,416 | $19,862 | $108,554 |
| 2023 | $10,157 | $114,688 | $17,739 | $96,949 |
| 2022 | $8,990 | $104,461 | $16,157 | $88,304 |
| 2021 | $8,427 | $97,728 | $15,116 | $82,612 |
| 2020 | $8,296 | $94,974 | $14,690 | $80,284 |
| 2019 | $8,018 | $92,432 | $14,297 | $78,135 |
| 2018 | $7,724 | $89,775 | $13,886 | $75,889 |
| 2017 | $7,560 | $87,680 | $13,562 | $74,118 |
| 2016 | $7,326 | $84,674 | $13,097 | $71,577 |
| 2015 | $6,858 | $81,692 | $12,636 | $69,056 |
| 2014 | $6,858 | $81,124 | $12,548 | $68,576 |
| 2013 | $6,858 | $82,176 | $12,711 | $69,465 |
Source: Public Records
Map
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