NOT LISTED FOR SALE

7508 W Inverness Ln Unit 2 Frankfort, IL 60423

Frankfort Square Neighborhood

Estimated Value: $358,000 - $400,734

3 Beds
3 Baths
1,850 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 7508 W Inverness Ln Unit 2, Frankfort, IL 60423 and is currently estimated at $376,684, approximately $203 per square foot. 7508 W Inverness Ln Unit 2 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
Jul 18, 2017
Sold by
Zamazal Carey
Bought by
Carone Erin M
Current Estimated Value
$376,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Outstanding Balance
$191,869
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$184,815

Purchase Details

Closed on
Aug 3, 2011
Sold by
Bank Of America National Association
Bought by
Marcotte Carey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,694
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2010
Sold by
Kaupas Paul and Case #08 Ch 3905
Bought by
Lasalle Bank National Association

Purchase Details

Closed on
Jun 30, 2010
Sold by
Haley Paul and Franklin Credit Management Cor
Bought by
Lasalle Bank National Association

Purchase Details

Closed on
Oct 28, 2005
Sold by
Haley Paul
Bought by
Haley Paul and Jagiello Edie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2005
Sold by
Boerema John G
Bought by
Haley Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 1998
Sold by
Jackson Donna M
Bought by
Boerema John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.23%

Purchase Details

Closed on
May 17, 1995
Sold by
Jackson Martin R
Bought by
Jackson Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
5.75%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Carone Erin M $255,000 Chicago Title Insurance Co
Marcotte Carey L $149,900 Servicelink
Lasalle Bank National Association -- None Available
Lasalle Bank National Association $197,000 None Available
Haley Paul -- --
Haley Paul $234,000 Stewart Title Company
Boerema John G $152,000 Chicago Title Insurance Co
Jackson Donna M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carone Erin M $229,500
Previous Owner Marcotte Carey L $162,694
Previous Owner Haley Paul $187,200
Previous Owner Boerema John G $90,000
Previous Owner Jackson Donna M $103,000
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
2024 $8,237 $105,656 $19,862 $85,794
2023 $8,237 $94,361 $17,739 $76,622
2022 $7,300 $85,947 $16,157 $69,790
2021 $6,835 $80,407 $15,116 $65,291
2020 $6,726 $78,141 $14,690 $63,451
2019 $6,499 $76,050 $14,297 $61,753
2018 $6,257 $73,864 $13,886 $59,978
2017 $6,122 $72,140 $13,562 $58,578
2016 $5,928 $69,667 $13,097 $56,570
2015 $5,547 $67,214 $12,636 $54,578
2014 $5,547 $66,747 $12,548 $54,199
2013 $5,547 $67,613 $12,711 $54,902
Source: Public Records

Map

Illinois Will County Frankfort 60423 Frankfort Square

7508 W Inverness Ln Unit 2, Frankfort, IL

This home is located at 7508 W Inverness Ln Unit 2, Frankfort, IL 60423 and is currently estimated at $376,684, approximately $203 per square foot. 7508 W Inverness Ln Unit 2 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.

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