NOT LISTED FOR SALE

23747 S 88th Ave Frankfort, IL 60423

Estimated Value: $587,000 - $621,000

5 Beds
3 Baths
3,400 Sq Ft
$178/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $500,000 $147 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,740/month

8 Days on Market

Highlights

  • Horses Allowed On Property
  • Open Floorplan
  • Family Room with Fireplace
  • Peotone Junior High School Rated 9+
  • Pond
  • Vaulted Ceiling

About This Home

As of July 2023

Original owners have taken great pride in this 5 bed 3 bath home on a picturesque 3 acre property w/ wrap around porch and a pond. Open floor plan w/ spacious eat in kitchen opens to generous size family room w/ fireplace & vaulted ceilings great for entertaining. 1st Floor bedroom & full bath (updated 17) perfect for related living or a guest retreat. 4 generous size bedrooms upstairs & 2 full baths. Massive master suite (updated 19) features vaulted ceilings, walk in closet and updated master bath (19) w/ granite doulbe sinks, seperate shower and whirlpool tub. Unfinished full basememt awaiting your finishing touches! 2 sheds both w/power perfect to turn into He Shed/She Shed. News: furnances (23), garage door opener (23), washer & dryer (21), glass replaced in most of the windows (21), microwave (20), water softner (19), kitchen appliances about 5 years old, roof-not tear off (11), Make this dream property yours today to take advantage of entertaining in paradise! Seller is requesting an AS-IS sale. MULTIPLE OFFERS RECEIVED. HIGHEST & BEST DUE BY 9:00 AM 6/15.

Last Agent to Sell the Property

Debbie DeGroot

CRIS Realty License #475163761 Listed on: 06/08/2023

Last Buyer's Agent

Shane Halleman

john greene, Realtor License #475132076

john greene, Realtor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,792

Year Built

  • Built in 1991

Lot Details

  • 3.07 Acre Lot
  • Lot Dimensions are 218 x 614

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Parking Space is Owned

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Skylights
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Formal Dining Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Utilities

  • Central Air
  • Heating System Uses Propane
  • Well
  • Private or Community Septic Tank

Additional Features

  • Pond
  • Horses Allowed On Property

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,792

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1991
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Open Floorplan, Separate Dining Room
  • LivingArea: 3400
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Basement
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • List Price: 549900
  • Lot Features: Horses Allowed, Pond(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Propane
  • Laundry Features: In Unit
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 207U

Lot Info

  • Lot Size Acres: 3.07
  • Lot Dimensions: 218 X 614
  • Lot Size: 3.0-3.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5792.4
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 17, 2023
Sold by
Brandau Margaret
Bought by
Jones Jennifer L and Schmidt Julie A
Seller's Agent
Debbie DeGroot
CRIS Realty
Buyer's Agent
Shane Halleman
john greene, Realtor
List Price
$549,900
Sold Price
$500,000
Premium/Discount to List
-$49,900
-9.07%
Views
70
Current Estimated Value
$603,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,989
Avg. Annual Appreciation
8.72%
Original Mortgage
$275,000
Outstanding Balance
$268,079
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$335,910
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
Jones Jennifer L $500,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Jennifer L $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $500,000 -9.1% $147 / Sq Ft
06/17/2023 06/17/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $549,900 -- $162 / 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
2024 $6,574 $136,841 $21,385 $115,456
2023 $6,574 $125,049 $19,542 $105,507
2022 $6,034 $113,249 $17,698 $95,551
2021 $5,792 $105,348 $16,463 $88,885
2020 $5,773 $103,050 $16,104 $86,946
2019 $5,996 $101,628 $15,882 $85,746
2018 $6,286 $99,636 $15,571 $84,065
2017 $6,136 $97,159 $15,184 $81,975
2016 $6,528 $97,159 $15,184 $81,975
2015 $6,100 $94,329 $14,742 $79,587
2014 $6,100 $92,479 $14,453 $78,026
2013 $6,100 $92,479 $14,453 $78,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11802564

Midwest Real Estate Data (MRED)

APN: 18-13-02-300-021