2851 Frances Ln Unit 1 Montgomery, IL 60538
South Montgomery Neighborhood
5
Beds
3.5
Baths
3,126
Sq Ft
9,161
Sq Ft Lot
Highlights
- Vaulted Ceiling
- Sun or Florida Room
- Home Office
- Oswego High School Rated A-
- Corner Lot
- Formal Dining Room
About This Home
As of December 2024Room to Roam in This Spacious 5-Bedroom, 3.5-Bath Home! With over 3,100 square feet, this home boasts a light and airy atmosphere. The open layout seamlessly connects the kitchen, morning room, and family room, highlighted by 9' ceilings, 42" cabinets, granite countertops, and premium scratch-proof flooring. Enjoy your morning coffee or unwind in the sunlit morning room, perfect for casual dining or relaxation. The family room features large windows overlooking the backyard and a cozy wood-burning fireplace, creating an inviting space. French doors lead to a private office/den, ideal for working from home. Convenience is key with a first-floor laundry room equipped with a sink. The expansive master suite includes a sitting area, a generous walk-in closet, and a large ensuite. Four additional bedrooms and two more full baths offer ample space for family and guests. The unfinished basement, with its 9' ceilings, presents an opportunity for your creative vision or serves as extra storage. Step outside to your private, fenced backyard with a charming brick paver patio-perfect for outdoor gatherings. Located in the Lakewood West community, which features NO SSA fees, you'll enjoy access to a pool and clubhouse, plus the highly-rated Lakewood Creek Elementary. Explore numerous bike paths, walking trails, and forest preserves nearby, all with easy access to the I-88 corridor via Orchard or Rt 47. Shopping and amenities are just around the corner! Notable dates: 2024 NEW ROOF, 2024 NEW HOT WATER HEATER, 2023 NEW FRIDGE. Range and Dryer can accommodate EITHER gas or electric.
Last Agent to Sell the Property
Great Western Properties License #471021967 Listed on: 11/07/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,295
Year Built
- Built in 2004
Lot Details
- 9,161 Sq Ft Lot
- Lot Dimensions are 78 x 120 x 77 x 120
- Fenced Yard
- Corner Lot
HOA Fees
- $44 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,126 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Home Office
- Sun or Florida Room
- Laminate Flooring
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Outdoor Features
- Brick Porch or Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Association fees include clubhouse, pool
- Manager Association, Phone Number (815) 787-7368
- Lakewood Creek West Subdivision, Virtuoso Floorplan
- Property managed by Townsend Mgmt
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2024
Closed on
Dec 13, 2024
Sold by
Lloyd Charlotte S
Bought by
Nunez Maria Belen
Seller's Agent
Tina Mastrangelo
Great Western Properties
Buyer's Agent
Maria Tigreros
john greene, Realtor
List Price
$425,000
Sold Price
$413,000
Premium/Discount to List
-$12,000
-2.82%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,609
Avg. Annual Appreciation
7.91%
Original Mortgage
$405,519
Outstanding Balance
$402,683
Interest Rate
6.06%
Mortgage Type
FHA
Estimated Equity
$30,926
Purchase Details
Closed on
Feb 24, 2021
Sold by
Salazar Lauridsen Charlotte
Bought by
Lloyd Charlotte S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 15, 2011
Sold by
Salazar Orlando and Salazar Charlotte
Bought by
Salazar Lauridsen Charlotte
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,508
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 21, 2004
Sold by
William Ryan Homes Inc
Bought by
Salazar Orlando and Salazar Charlotte
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,486
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Montgomery, IL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $413,000 | Fidelity National Title | |
| Warranty Deed | $413,000 | Fidelity National Title | |
| Quit Claim Deed | -- | First American Title | |
| Interfamily Deed Transfer | -- | First American Title | |
| Special Warranty Deed | $317,000 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $405,519 | FHA | |
| Closed | $405,519 | FHA | |
| Previous Owner | $202,212 | Credit Line Revolving | |
| Previous Owner | $185,000 | New Conventional | |
| Previous Owner | $30,148 | Commercial | |
| Previous Owner | $231,508 | New Conventional | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $253,486 | Purchase Money Mortgage | |
| Closed | $47,528 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2024 12/18/24 | Sold | $413,000 | -2.8% | $132 / Sq Ft |
| 11/14/2024 11/14/24 | Pending | -- | -- | -- |
| 11/07/2024 11/07/24 | Price Changed | $425,000 | 0.0% | $136 / Sq Ft |
| 11/07/2024 11/07/24 | For Sale | $425,000 | -- | $136 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,631 | $136,483 | $13,302 | $123,181 |
| 2023 | $9,709 | $122,110 | $11,901 | $110,209 |
| 2022 | $9,709 | $110,858 | $10,804 | $100,054 |
| 2021 | $9,329 | $103,447 | $10,804 | $92,643 |
| 2020 | $8,970 | $98,610 | $10,804 | $87,806 |
| 2019 | $8,741 | $94,826 | $10,389 | $84,437 |
| 2018 | $8,583 | $90,396 | $10,389 | $80,007 |
| 2017 | $8,391 | $84,470 | $10,389 | $74,081 |
| 2016 | $8,694 | $85,487 | $10,389 | $75,098 |
| 2015 | $7,788 | $73,387 | $9,354 | $64,033 |
| 2014 | -- | $84,399 | $9,354 | $75,045 |
| 2013 | -- | $84,399 | $9,354 | $75,045 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Tina Mastrangelo
Great Western Properties
(815) 739-1888
1 in this area
117 Total Sales
-
Buyer's Agent in 2024
Maria Tigreros
john greene Realtor
(630) 974-7121
2 in this area
32 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12199013
APN: 02-02-130-013
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