Maninder S. and Rajwinder K. Ralhan purchase 1366 Overton Drive, Lemont, appraised at $615,000

The home at 1366 Overton Drive, Lemont was sold on April 25 by Edmond J. Sofinowski (trustee), Sofinowski of (trust) and Beatriz G. Sofinowski (trustee) for $615,000.

The buyers were Maninder S. and Rajwinder K. Ralhan.

The property tax paid for this property in 2023 was $11,191. This is 1.8% of the sale price of the home.

This property is one of 14 sales in Lemont (Cook County) from March 25 to April 25.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.