NOT LISTED FOR SALE

24348 S Arranmore Way Frankfort, IL 60423

Estimated Value: $148,282 - $185,000

2.88 Acres
$56,745 Price per Acre
125,453 Sq Ft Lot

Last Sold October 26, 2022

Last sale price $130,000

Est. 26% increase in value since last sale

Current estimated payment $1,090/month

9 Days on Market

About This Lot

As of October 2022

This wooded 2.88 acre parcel is one of the few remaining lots in Erinwood Estates. It is at the end of a cul-de-sac and offers plenty of building options. The building covenants and plat are attached to the MLS listing under "additional information." Two story homes must bu 2800+ sq. feet and ranch homes must be in excess of 2200 sq. ft. Pole buildings are allowed. There is easy access to I-57. Utilities to site. Well and septic required. The Green Garden tax rate is one of the lowest around! Lot 21.

Last Agent to Sell the Property

Janet Scanlan

Scanlan Realty LLC License #471003600 Listed on: 08/22/2022

Co-Listed By

Russell Scanlan

Century 21 Pride Realty License #475170730

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,258

Lot Details

  • 2.88 Acre Lot
  • Lot Dimensions are 196x217x670x248x372
  • Property fronts a county road
  • Cul-De-Sac
  • Property is zoned SINGL

Utilities

  • Electricity To Lot Line
  • Gas Available
  • Well Required
  • Septic Needed

Community Details

  • Erinwood Estates Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,258

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • Subdivision Name: Erinwood Estates
  • General Information: School Bus Service,Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 196
  • Frontage Type: County Road
  • List Price: 139900
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Septic System Required, Well-Required

Schools

  • Middle/Junior School District: 207U

Lot Info

  • Lot Size Acres: 2.88
  • Lot Dimensions: 196X217X670X248X372
  • Zoning: SINGL
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N
  • Estimated Land Sq Ft: 125,453
  • Land Description: Wooded
  • Total Listed Lots Avail: 1

Rental Info

  • Board Number: 17

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 29.58
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Oct 25, 2022
Sold by
John G Mahalick 2015 Trust
Bought by
Knowles Andrew and Knowles Jessica
Seller's Agent
Janet Scanlan
Scanlan Realty LLC
Buyer's Agent
Non Member
NON MEMBER
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%
Views
44
Current Estimated Value
$163,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,427
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Sep 29, 2015
Sold by
Mahalick John G and Mahalick Janine A
Bought by
Mahalick John G and John G Mahalick 2015 Trust

Purchase Details

Closed on
May 2, 2007
Sold by
Outback Properties Ltd
Bought by
Mahalick John G and Mahalick Janine A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Knowles Andrew $130,000 Chicago Title
Mahalick John G -- Attorney
Mahalick John G $155,000 Millennium Title Group Ltd
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $130,000 -7.1% --
09/01/2022 09/01/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $139,900 -- --
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 $2,258 $37,861 $37,861 $0
2022 $2,232 $26,934 $0 $26,934
2021 $34 $549 $549 $0
2020 $30 $467 $467 $0
2019 $26 $392 $392 $0
2018 $23 $324 $324 $0
2017 $19 $262 $262 $0
2016 $15 $206 $206 $0
2015 -- $154 $154 $0
2014 -- $119 $119 $0
2013 -- $108 $108 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11610991

Midwest Real Estate Data (MRED)

APN: 13-11-401-005