NOT LISTED FOR SALE

Estimated Value: $609,250 - $825,000

-- Bed
-- Bath
-- Sq Ft
0.49 Acres

About This Home

This home is located at 8875 Dunlap Reef Dr, Frankfort, IL 60423 and is currently estimated at $719,063. 8875 Dunlap Reef Dr is a home located in Will County with nearby schools including Indian Trail 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
May 29, 2019
Sold by
Gorman Daniel R
Bought by
Gorman Daniel R and Gorman Carla L
Current Estimated Value
$719,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2017
Sold by
Spencer Vick and Mullarkey Edward
Bought by
Gorman Daniel R and Gorman Carla L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,750
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2006
Sold by
Mcenery William J
Bought by
Spencer Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.5%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Gorman Daniel R -- Chicago Title
Gorman Daniel R $115,000 Old Republic Title
Spencer Vicki $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorman Carla L $540,000
Closed Gorman Carla L $547,000
Closed Gorman Daniel R $548,000
Closed Gorman Daniel R $9,100
Closed Gorman Daniel R $74,750
Previous Owner Mcenery William J $1,500,000
Previous Owner Mcenery William J $1,000,000
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
2023 $18,695 $198,343 $16,146 $182,197
2022 $18,100 $180,656 $14,706 $165,950
2021 $15,524 $169,011 $13,758 $155,253
2020 $15,290 $164,248 $13,370 $150,878
2019 $10,922 $13,012 $13,012 $0
2018 $1,208 $12,638 $12,638 $100,575
2017 $1,184 $12,343 $12,343 $0
2016 $1,150 $11,920 $11,920 $0
2015 $1,370 $14,166 $14,166 $0
2014 $1,370 $14,068 $14,068 $0
2013 $1,370 $14,250 $14,250 $0
Source: Public Records

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