NOT LISTED FOR SALE

7553 W Inverness Ln Frankfort, IL 60423

Frankfort Square Neighborhood

Estimated Value: $332,391 - $400,000

-- Bed
1 Bath
1,204 Sq Ft
$303/Sq Ft Est. Value

About This Home

This home is located at 7553 W Inverness Ln, Frankfort, IL 60423 and is currently estimated at $364,348, approximately $302 per square foot. 7553 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
Oct 27, 2005
Sold by
Steinke David M and Steinke Karen H
Bought by
Triolo Michael
Current Estimated Value
$364,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Outstanding Balance
$127,542
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$236,806

Purchase Details

Closed on
Apr 15, 1994
Sold by
Vickers Diane M and Vickers Diane Marie
Bought by
Steinke David M and Chowaniec Karen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.66%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Triolo Michael $248,000 Multiple
Steinke David M $140,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Triolo Michael $223,200
Previous Owner Steinke David M $133,000
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 $9,171 $116,724 $19,862 $96,862
2023 $9,171 $104,246 $17,739 $86,507
2022 $8,122 $94,950 $16,157 $78,793
2021 $7,609 $88,830 $15,116 $73,714
2020 $7,490 $86,327 $14,690 $71,637
2019 $7,238 $84,017 $14,297 $69,720
2018 $6,970 $81,602 $13,886 $67,716
2017 $6,821 $79,697 $13,562 $66,135
2016 $6,608 $76,965 $13,097 $63,868
2015 $6,185 $74,255 $12,636 $61,619
2014 $6,185 $73,739 $12,548 $61,191
2013 $6,185 $74,695 $12,711 $61,984
Source: Public Records

Map

Illinois Will County Frankfort 60423 Frankfort Square

7553 W Inverness Ln, Frankfort, IL

This home is located at 7553 W Inverness Ln, Frankfort, IL 60423 and is currently estimated at $364,348, approximately $302 per square foot. 7553 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.

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