NOT LISTED FOR SALE

23320 Jackson Branch Frankfort, IL 60423

Estimated Value: $824,000 - $1,401,451

0.5 Acre
$2,404,300 Price per Acre
21,780 Sq Ft Lot

Last Sold August 25, 2016

Last sale price $95,000

Est. 1,186% increase in value since last sale

Current estimated payment $8,162/month

39 Days on Market

About This Lot

As of August 2016

Dive into this great opportunity! Half-acre waterfront lot in premier Five Oaks of Frankfort. Wide frontage of 115' to accommodate expansive ranch home and/or side load garage plans: plenty of depth for fabulous lot or your future in ground pool and pool house? Lot gently slopes to lakeside, perfect for look out/English basement. Gorgeous subdivision of custom homes, less than five minutes drive to historic downtown Frankfort. Buy now, build your dream home later or can build to suit. Lot and construction loans available. Vacation at home year round right on the lake in Five Oaks. NOTE: sale price reflects that boat license was NOT conveyed/included with the sale of this lot.

Last Agent to Sell the Property

Kim Noonan

RE/MAX 10 License #471007923 Listed on: 06/03/2016

RE/MAX 10

Last Buyer's Agent

Jennifer O'Malley

Century 21 Kroll Realty License #471009042

Century 21 Kroll Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,693

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$17,693

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service
  • Ownership: Fee Simple w/ HO Assn.
  • Current Use: Residential-Single Family
  • Other Min Req Sq Ft: Yes
  • Potential Use: Residential-Single Family
  • Subdivision Lot Number: 125
  • Total Listed Lots Avail: 2
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Pond/Lake
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: .50-.99 Acre
  • Waterfront: Yes
  • Acreage: 0.5
  • Frontage Access: City Street
  • Front Footage: 115

Schools

  • School District: 207U
  • Junior High Dist: 207U

Lot Info

  • Lot Dimensions: 115X180.08X115X180
  • Land Amenities: Curbs and Gutters, Pond/Lake
  • Parcel Identification Number: 1306204052000000

Tax Info

  • Taxes: 2035.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Morrall Adrian
Bought by
Adrian W Morrall Living Trust and Morrall
Current Estimated Value
$1,221,486

Purchase Details

Closed on
Sep 10, 2021
Sold by
Caldwell Brandon
Bought by
Morrall Adrian

Purchase Details

Closed on
Sep 11, 2020
Sold by
Lazinek Lawrence
Bought by
Caldwell Brandon James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2017
Sold by
First Bank Of Manhattan
Bought by
Lynar Nerissa and Lazinek Lawrence

Purchase Details

Listed on
Jun 3, 2016
Closed on
Aug 25, 2016
Sold by
Five Oaks Development Inc
Bought by
First Bank Of Manhattan and Trust #479
Seller's Agent
Kim Noonan
RE/MAX 10
Buyer's Agent
Jennifer O'Malley
Century 21 Kroll Realty
List Price
$118,000
Sold Price
$95,000
Premium/Discount to List
-$23,000
-19.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.79%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Adrian W Morrall Living Trust -- Chicago Title
Morrall Adrian $1,200,000 None Available
Caldwell Brandon James $754,000 Attorney
Lynar Nerissa $577,655 Chicago Title
First Bank Of Manhattan $95,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caldwell Brandon James $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2016 08/25/16 Sold $95,000 -19.5% --
07/12/2016 07/12/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $118,000 -- --
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 $17,693 $286,786 $43,573 $243,213
2022 $16,034 $259,723 $39,461 $220,262
2021 $15,790 $241,603 $36,708 $204,895
2020 $12,581 $189,992 $28,293 $161,699
2019 $13,458 $187,368 $27,902 $159,466
2018 $14,066 $183,694 $27,355 $156,339
2017 $13,770 $26,675 $26,675 $0
2016 $2,061 $26,675 $26,675 $0
2015 $1,988 $25,898 $25,898 $0
2014 $1,988 $25,390 $25,390 $0
2013 $1,988 $25,390 $25,390 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09247494

Midwest Real Estate Data (MRED)

APN: 13-06-204-052