Seller's Agent in 2022
Ray Morandi
Morandi Properties, Inc
(708) 516-6666
15 in this area
379 Total Sales
22471 Majestic Ln Frankfort, IL 60423
Estimated Value: $768,574 - $867,000
4
Beds
3.5
Baths
4,000
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- New Construction
- Property is near a park
- Traditional Architecture
- Chelsea Intermediate School Rated A
- Vaulted Ceiling
- Wood Flooring
About This Home
As of October 2022AVAILABLE NOW! IMMEDIATE OCCUPANCY! Gorgeous 4 bedroom, 3.5 bathroom Ironwood plan boosts 4,000 sq ft of living space, FRONT PORCH ELEVATION! HUGE .41 acre lot! This open floor plan features a huge chefs kitchen W gleaming white custom cabinetry, commercial size full fridge/full freeze, walk-in pantry, double oven & quartz counters, Extravagant 2-story family room, Formal living & dining rooms, Main floor office & laundry, Sprawling master bedroom W huge walk-in closet, Glamour master bathroom W double bowl sinks, separate tub & walk-in shower, 3rd bedroom W private bathroom, 9ft main floor ceilings & so much more! Amazing location minutes to downtown Frankfort, shopping dining & award winning Lincoln Way East School district!
Last Agent to Sell the Property
Morandi Properties, Inc License #471003188 Listed on: 07/11/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,051
Year Built
- Built in 2022 | New Construction
Lot Details
- 0.41 Acre Lot
- Paved or Partially Paved Lot
HOA Fees
- $33 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage ceiling height seven feet or more
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Asphalt Roof
- Radon Mitigation System
- Concrete Perimeter Foundation
Interior Spaces
- 4,000 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Electric Fireplace
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Breakfast Room
- Formal Dining Room
- Utility Room with Study Area
- Wood Flooring
Kitchen
- Built-In Oven
- Range
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- European Shower
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Sink Near Laundry
- Gas Dryer Hookup
Unfinished Basement
- Basement Fills Entire Space Under The House
- 9 Foot Basement Ceiling Height
- Sump Pump
- Rough-In Basement Bathroom
- Basement Window Egress
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Outdoor Features
- Patio
- Porch
Location
- Property is near a park
Schools
- Chelsea Elementary School
- Hickory Creek Middle School
- Lincoln-Way East High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Cable TV Available
Community Details
- Melinda Jara Association, Phone Number (847) 806-6121
- Majestic Pines Subdivision, Ironwood Floorplan
- Property managed by Property Specialists
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2022
Closed on
Oct 7, 2022
Sold by
Trust Number 817
Bought by
Elkhatib Tariq M and Atiq Jameelah
Seller's Agent
Ray Morandi
Morandi Properties, Inc
Buyer's Agent
Adnan Jaber
HomeSmart Realty Group
List Price
$779,000
Sold Price
$689,000
Premium/Discount to List
-$90,000
-11.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,394
Avg. Annual Appreciation
5.25%
Original Mortgage
$516,750
Outstanding Balance
$459,392
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$339,513
Purchase Details
Closed on
May 18, 2021
Sold by
Tabron Properties Llc
Bought by
First Bank Of Manhattan and Trust No 817
Purchase Details
Closed on
Jul 16, 2012
Sold by
Bslb Llc
Bought by
Blue Majestic Pines Llc
Purchase Details
Closed on
Feb 16, 2010
Sold by
State Bank Of Countryside
Bought by
Bslb Llc
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 |
|---|---|---|---|
| Elkhatib Tariq M | $689,000 | Greater Illinois Title | |
| First Bank Of Manhattan | -- | None Available | |
| Blue Majestic Pines Llc | $1,722,000 | Chicago Title Insurance Co | |
| Bslb Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Elkhatib Tariq M | $516,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2022 10/07/22 | Sold | $689,000 | -1.4% | $172 / Sq Ft |
| 09/10/2022 09/10/22 | Pending | -- | -- | -- |
| 09/02/2022 09/02/22 | Price Changed | $699,000 | -4.1% | $175 / Sq Ft |
| 08/17/2022 08/17/22 | Price Changed | $729,000 | -2.7% | $182 / Sq Ft |
| 08/01/2022 08/01/22 | Price Changed | $749,000 | -2.6% | $187 / Sq Ft |
| 07/27/2022 07/27/22 | Price Changed | $769,000 | -1.3% | $192 / Sq Ft |
| 07/11/2022 07/11/22 | For Sale | $779,000 | -- | $195 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2023 | $19,051 | $221,891 | $26,263 | $195,628 |
| 2022 | $857 | $10,096 | $10,096 | $0 |
| 2021 | $811 | $9,445 | $9,445 | $0 |
| 2020 | $792 | $9,179 | $9,179 | $0 |
| 2019 | $767 | $8,933 | $8,933 | $0 |
| 2018 | $755 | $8,676 | $8,676 | $0 |
| 2017 | $755 | $8,473 | $8,473 | $0 |
| 2016 | $739 | $8,183 | $8,183 | $0 |
| 2015 | -- | $7,895 | $7,895 | $0 |
| 2014 | -- | $7,840 | $7,840 | $0 |
| 2013 | -- | $7,942 | $7,942 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ray Morandi
-
Adnan Jaber
Buyer's Agent in 2022
Adnan Jaber
HomeSmart Realty Group
(708) 243-4835
1 in this area
31 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11460173
APN: 19-09-35-108-008
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