NOT LISTED FOR SALE

24365 S Arranmore Way Frankfort, IL 60423

Estimated Value: $558,306 - $688,000

2.56 Acres
$241,046 Price per Acre
111,514 Sq Ft Lot

Last Sold April 05, 2019

Last sale price $70,000

Est. 782% increase in value since last sale

Current estimated payment $4,188/month

191 Days on Market

About This Lot

As of April 2019

Situated on the North East corner of Arranmore Way and Galvin Way, this lot is the largest in phase 2 at 2.56 acres. Perfect for a circular driveway. Beautiful mature trees at the back end of the lot for privacy. Dry creek runs through the back of the lot. Per the developer, you can have a look out or possible walk out basement with the addition of some dirt. Pole barns and/or out buildings allowed. Lot is at the corner of a cul-de-sac and has a beautifully landscaped round about at the intersection. All information to be verified by the buyers.

Last Agent to Sell the Property

Barbara McDonald

Coldwell Banker Realty License #475123737 Listed on: 07/31/2018

Coldwell Banker Realty

Last Buyer's Agent

Joanna Dlugopolski

Listing Leaders Northwest, Inc License #475157526

Listing Leaders Northwest, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,357

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$9,357

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Subdivision Lot Number: 18
  • Utilities To Site: Electric Nearby, Gas Nearby
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Wooded
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 2.0-2.99 Acres
  • Acreage: 2.56
  • Frontage Access: Public Road
  • Front Footage: 193

Schools

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

Lot Info

  • Lot Dimensions: 193X463X173X292X209X55
  • Parcel Identification Number: 1813114010100000

Tax Info

  • Taxes: 3478.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2018
Closed on
Mar 1, 2019
Sold by
Mcdonald Mark A and Mcdonald Barbara J
Bought by
Morek John
Seller's Agent
Barbara McDonald
Coldwell Banker Realty
Buyer's Agent
Joanna Dlugopolski
Listing Leaders Northwest, Inc
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%
Current Estimated Value
$617,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,077
Avg. Annual Appreciation
37.83%
Original Mortgage
$59,500
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2005
Sold by
Outback Properties Ltd
Bought by
Mcdonald Mark A and Mcdonald Barbara J
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
Morek John $70,000 Attorney
Mcdonald Mark A $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morel John P $422,500
Closed Morek John $433,500
Closed Morek John $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $70,000 -10.1% --
02/07/2019 02/07/19 Pending -- -- --
11/14/2018 11/14/18 Price Changed $77,900 -2.5% --
09/21/2018 09/21/18 Price Changed $79,900 -3.6% --
08/24/2018 08/24/18 Price Changed $82,900 -2.4% --
08/14/2018 08/14/18 Price Changed $84,900 -5.6% --
07/31/2018 07/31/18 For Sale $89,900 -- --
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 $9,357 $180,176 $62,035 $118,141
2022 $9,349 $163,173 $56,181 $106,992
2021 $3,240 $52,261 $52,261 $0
2020 $3,239 $51,121 $51,121 $0
2019 $3,374 $50,415 $50,415 $0
2018 $3,548 $49,426 $49,426 $0
2017 $3,479 $48,197 $48,197 $0
2016 $3,500 $48,197 $48,197 $0
2015 $3,291 $46,793 $46,793 $0
2014 $3,291 $45,875 $45,875 $0
2013 $3,291 $45,875 $45,875 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10038305

Midwest Real Estate Data (MRED)

APN: 13-11-401-010