7551 W Inverness Ln Frankfort, IL 60423
Frankfort Square NeighborhoodEstimated Value: $370,000 - $419,000
3
Beds
3
Baths
1,572
Sq Ft
$249/Sq Ft
Est. Value
About This Home
This home is located at 7551 W Inverness Ln, Frankfort, IL 60423 and is currently estimated at $391,538, approximately $249 per square foot. 7551 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
Sep 25, 2000
Sold by
Lange Robert J
Bought by
Mateicka Paul H and Mateicka Barbara J
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
$153,000
Interest Rate
8.03%
Purchase Details
Closed on
Aug 30, 1996
Sold by
Johnson David R
Bought by
Lange Robert J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,534
Interest Rate
8.3%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 18, 1994
Sold by
Johnson Patricia W
Bought by
Johnson David R
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 |
|---|---|---|---|
| Mateicka Paul H | $170,000 | -- | |
| Lange Robert J | $155,000 | -- | |
| Johnson David R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mateicka Paul H | $153,000 | |
| Previous Owner | Lange Robert J | $151,534 |
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 | $9,305 | $118,316 | $19,363 | $98,953 |
| 2023 | $9,305 | $105,668 | $17,293 | $88,375 |
| 2022 | $8,240 | $96,246 | $15,751 | $80,495 |
| 2021 | $7,721 | $90,042 | $14,736 | $75,306 |
| 2020 | $7,599 | $87,505 | $14,321 | $73,184 |
| 2019 | $7,344 | $85,163 | $13,938 | $71,225 |
| 2018 | $7,073 | $82,714 | $13,537 | $69,177 |
| 2017 | $6,922 | $80,783 | $13,221 | $67,562 |
| 2016 | $6,705 | $78,014 | $12,768 | $65,246 |
| 2015 | $6,461 | $75,266 | $12,318 | $62,948 |
| 2014 | $6,461 | $74,742 | $12,232 | $62,510 |
| 2013 | $6,461 | $75,711 | $12,391 | $63,320 |
Source: Public Records
Map
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