NOT LISTED FOR SALE

Estimated Value: $498,000 - $520,000

3 Beds
3.5 Baths
2,862 Sq Ft
$178/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $485,000 $169 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,026/month

46 Days on Market

Highlights

  • Water Views
  • Landscaped Professionally
  • Recreation Room
  • Chelsea Intermediate School Rated A
  • Mature Trees
  • Vaulted Ceiling

About This Home

As of June 2024

Don't miss this rare opportunity to get into highly-coveted Founders Place and be the next owner of this beautiful end-unit townhome that is a perfect blend of style, comfort and luxury. This 4-bedroom home with full finished basement exudes space with generous room sizes and varying volume ceilings, especially striking is the 2-story family room with floor to ceiling brick fireplace. The gleaming hardwood floors and white doors and trim throughout add classic appeal to the main level rooms. Adjoining the family room is a wet bar and separate dining room (currently used as sitting area). The abundance of windows in this 2-story allows for great natural light, but with quality window treatments in every room, shade and privacy is never compromised. The spacious eat-in kitchen with breakfast bar island features stainless steel appliances, maple cabinetry, granite counters and custom plantation shutters enhancing the many windows. Just off the kitchen is the 2-car garage entry, laundry room, and half bathroom. The first-floor primary suite features 2 closets (1 WIC) and luxury bath with double sinks, jetted tub and separate shower. Upstairs offers 2 exceptionally large bedrooms both with WICs, a double-sink full bath, and an oversized loft with great versatility. And if more living space is needed, downstairs provides an additional 1500+ SF with great open space for recreation, second family room, and 4th bedroom with attached private bath that can be an optional flex room as desired (currently used as office). Also in the basement are separate storage and utility rooms. A screened-in porch completes this fabulous home leading to a paver patio and quaint private yard. This property is ideally located in a cul-de-sac with guest parking nearby. Founders Place is adorned with lush greenery, manicured landscapes, ponds, gazebos, and offers a walking path to Old Plank Trail and historic downtown Frankfort. Directly east of this community is Frankfort's Main Park with many recreational amenities. This is an impressive townhome in an upscale neighborhood worth viewing in-person.

Last Agent to Sell the Property

Marcy Tobin

@properties Christie's International Real Estate License #475127187 Listed on: 04/05/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Rochelle Lipscomb

Real People Realty License #475202815

Real People Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,092

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 40x60
  • End Unit
  • Cul-De-Sac
  • Landscaped Professionally
  • Mature Trees

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,862 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Loft
  • Screened Porch
  • Lower Floor Utility Room
  • Storage Room
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage
  • Basement Window Egress

Home Security

Schools

  • Lincoln-Way East High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Community Well
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 3 Units
  • Founders Place Contact Association, Phone Number (708) 349-3133
  • Founders Place Subdivision
  • Property managed by Shrank & Associates

Amenities

  • Common Area

Recreation

  • Trails

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,092

Year Built

Built in 2002

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Founders Place
  • Year Built: 2002
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Water Softener
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Storage, Walk-In Closet(s), Ceiling - 10 Foot
  • LivingArea: 2862
  • Other Equipment: Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;, Radon Mitigation System, Water Heater-Gas
  • Room Type: Loft, Screened Porch, Recreation Room, Utility Room-Lower Level, Storage
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Egress Window,Rec/Family Area,Storage Space
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Porch Screened, Brick Paver Patio, Storms/Screens, End Unit, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 494500
  • Lot Features: Common Grounds, Cul-De-Sac, Landscaped, Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Sink
  • Water Source: Community Well

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 300
  • Association Amenities: Trail(s), Water View
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Shrank & Associates
  • Management Contact Name: Founders Place Contact
  • Management Phone: 708-349-3133
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • High School: Lincoln-Way East High School
  • Middle/Junior School District: 157C

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 40X60
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 10092
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Jun 5, 2024
Sold by
Dees John
Bought by
Smith Deja Christine and Smith Dioblo
Seller's Agent
Marcy Tobin
@properties Christie's International Real Estate
Buyer's Agent
Rochelle Lipscomb
Real People Realty
List Price
$499,500
Sold Price
$485,000
Premium/Discount to List
-$14,500
-2.9%
Views
158
Current Estimated Value
$500,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,628
Avg. Annual Appreciation
2.72%
Original Mortgage
$460,750
Outstanding Balance
$456,782
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$43,423

Purchase Details

Listed on
Mar 20, 2015
Closed on
Apr 15, 2015
Sold by
Grabavoy Ned J and Grabavoy Monica Ferro
Bought by
Dees John
Seller's Agent
June Gill
RE/MAX 10
Buyer's Agent
Alana Williamson
Coldwell Banker Residential
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%

Purchase Details

Listed on
May 13, 2013
Closed on
Jul 23, 2013
Sold by
Koplin Jon Kevin and Miller Lynn L
Bought by
Grabavoy Ned J and Grabavoy Monica Ferro
Seller's Agent
David Cobb
RE/MAX 10
Buyer's Agent
June Gill
RE/MAX 10
List Price
$289,900
Sold Price
$280,000
Premium/Discount to List
-$9,900
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%

Purchase Details

Closed on
May 23, 2006
Sold by
Small Robert M and Small Lois M
Bought by
Koplin Jon Kevin and Miller Lynn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,200
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Smith Deja Christine $485,000 Citywide Title
Dees John $330,000 Fidelity National Title Ins
Grabavoy Ned J $280,000 Fidelity National Title
Koplin Jon Kevin $401,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Deja Christine $460,750
Previous Owner Koplin Jon K $283,000
Previous Owner Koplin Jon Kevin $321,200
Previous Owner Small Robert M $25,000
Previous Owner Small Robert M $76,000
Previous Owner Small Robert M $23,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $485,000 -1.9% $169 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/06/2024 05/06/24 Price Changed $494,500 -1.0% $173 / Sq Ft
04/26/2024 04/26/24 For Sale $499,500 0.0% $175 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $499,500 +51.4% $175 / Sq Ft
04/20/2015 04/20/15 Sold $330,000 -5.7% $115 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $349,900 +25.0% $122 / Sq Ft
08/12/2013 08/12/13 Sold $280,000 -3.4% $98 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $289,900 -- $101 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $11,532 $137,140 $697 $136,443
2022 $10,913 $124,911 $635 $124,276
2021 $9,514 $116,859 $594 $116,265
2020 $9,416 $113,565 $577 $112,988
2019 $8,978 $110,526 $562 $109,964
2018 $8,818 $107,349 $546 $106,803
2017 $8,811 $104,843 $533 $104,310
2016 $8,603 $101,249 $515 $100,734
2015 $8,388 $97,684 $497 $97,187
2014 $8,388 $97,005 $494 $96,511
2013 $8,388 $101,430 $1,986 $99,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12015022

Midwest Real Estate Data (MRED)

APN: 09-28-104-025