NOT LISTED FOR SALE

24349 S Arranmore Way Frankfort, IL 60423

Estimated Value: $548,788 - $701,000

2.52 Acres
$243,828 Price per Acre
109,771 Sq Ft Lot

Last Sold January 10, 2020

Last sale price $75,000

Est. 719% increase in value since last sale

Current estimated payment $4,176/month

236 Days on Market

About This Lot

As of January 2020

Are you wanting to build your dream home with a walkout basement in a quiet country paradise? Here is one of the best 2.5 acre lots in Erinwood Estates! This high cul-de-sac parcel is a great location to build your dream home. Lovely large homes on country sized lots surround this property. Soil evaluation available upon request. You can even build an outbuilding on your property. This neighborhood has large, lovely homes and offers the bonus of large lots with a neighborhood feel. Interstate access is only minutes away!

Last Agent to Sell the Property

Janet Scanlan

Scanlan Realty LLC License #471003600 Listed on: 04/26/2019

Last Buyer's Agent

Andy York

Realtopia Real Estate Inc License #475159909

Realtopia Real Estate Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,395

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$9,395

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Potential Use: Residential-Single Family
  • Utilities To Site: Electric Nearby, Gas Nearby
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 2.0-2.99 Acres
  • Acreage: 2.52
  • Frontage Access: Public Road
  • Front Footage: 224

Schools

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

Lot Info

  • Lot Dimensions: 224X26X52X712X77X281X313
  • Estimated Land Sq Ft: 109,771
  • Parcel Identification Number: 1813114010080000

Tax Info

  • Taxes: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2021
Sold by
Knowles Andy
Bought by
Knowles Andy and Knowles Jessica
Current Estimated Value
$614,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,400
Outstanding Balance
$392,334
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$111,173

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jan 8, 2020
Sold by
Mahalick Scott and Mahalick Sheri R
Bought by
Knowles Andy
Seller's Agent
Janet Scanlan
Scanlan Realty LLC
Buyer's Agent
Andy York
Realtopia Real Estate Inc
List Price
$99,900
Sold Price
$75,000
Premium/Discount to List
-$24,900
-24.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.19%

Purchase Details

Closed on
May 2, 2007
Sold by
Outback Properties Ltd
Bought by
Mahalick Scott and Mahalick Sheri R
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 Andy -- Chicago Title Ins Co
Knowles Andy $75,000 Chicago Title
Mahalick Scott $155,000 Millennium Title Group Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knowles Andy $130,000
Open Knowles Andy $433,400
Closed Knowles Andy $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $75,000 -16.6% --
12/18/2019 12/18/19 Pending -- -- --
06/10/2019 06/10/19 Price Changed $89,900 -10.0% --
04/26/2019 04/26/19 For Sale $99,900 -- --
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 $9,395 $164,823 $39,050 $125,773
2022 $8,522 $149,269 $35,365 $113,904
2021 $8,270 $547 $547 $0
2020 $30 $478 $478 $0
2019 $28 $415 $415 $0
2018 $26 $358 $358 $0
2017 $22 $306 $306 $0
2016 $19 $259 $259 $0
2015 $14 $215 $215 $0
2014 $14 $186 $186 $0
2013 $14 $169 $169 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10359327

Midwest Real Estate Data (MRED)

APN: 13-11-401-008