7541 W Inverness Ln Frankfort, IL 60423
Frankfort Square NeighborhoodEstimated Value: $309,051 - $350,000
--
Bed
--
Bath
994
Sq Ft
$330/Sq Ft
Est. Value
About This Home
This home is located at 7541 W Inverness Ln, Frankfort, IL 60423 and is currently estimated at $328,263, approximately $330 per square foot. 7541 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
Aug 1, 2018
Sold by
Licka Sandra
Bought by
Vermillion Kimbelry
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
$170,000
Outstanding Balance
$148,438
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$179,825
Purchase Details
Closed on
Jul 31, 2006
Sold by
Conroy Greg and Conroy Meggan
Bought by
Licka Sandra J
Purchase Details
Closed on
May 23, 2002
Sold by
Deegan James M and Deegan Lisa G
Bought by
Conroy Greg and Mcgill Meggan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
7%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vermillion Kimbelry | $200,000 | First American Title | |
| Licka Sandra J | $250,000 | Ticor Title Ins Co 2002 | |
| Conroy Greg | $174,000 | Greater Illinois Title Compa |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vermillion Kimbelry | $170,000 | |
| Previous Owner | Conroy Greg | $159,000 |
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 | $9,216 | $117,266 | $19,862 | $97,404 |
| 2023 | $9,216 | $104,730 | $17,739 | $86,991 |
| 2022 | $8,162 | $95,391 | $16,157 | $79,234 |
| 2021 | $7,647 | $89,243 | $15,116 | $74,127 |
| 2020 | $7,527 | $86,728 | $14,690 | $72,038 |
| 2019 | $7,274 | $84,407 | $14,297 | $70,110 |
| 2018 | $7,005 | $81,980 | $13,886 | $68,094 |
| 2017 | $6,856 | $80,067 | $13,562 | $66,505 |
| 2016 | $6,641 | $77,322 | $13,097 | $64,225 |
| 2015 | $6,399 | $74,599 | $12,636 | $61,963 |
| 2014 | $6,399 | $74,080 | $12,548 | $61,532 |
| 2013 | $6,399 | $75,041 | $12,711 | $62,330 |
Source: Public Records
Map
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