Seller's Agent in 2021
Kim Noonan
RE/MAX
(815) 693-9780
9 in this area
155 Total Sales
525 Lincoln Ln Frankfort, IL 60423
North Frankfort NeighborhoodEstimated Value: $401,128 - $447,000
4
Beds
2.5
Baths
1,884
Sq Ft
$221/Sq Ft
Est. Value
Highlights
- Mature Trees
- Recreation Room
- Lower Floor Utility Room
- Chelsea Intermediate School Rated A
- Wood Flooring
- Stainless Steel Appliances
About This Home
As of August 2021Absolutely stunning rehab. Finally: the the 2021 look you've craved in a classic, established Frankfort neighborhood with winding streets and mature trees. Enchanting curb appeal, with covered front porch, today's coveted style with whitewashed brick, farmhouse shutters and accents, cottage landscaping, new lighting. Step inside and fall in love! Charming entry foyer, with dark hardwood staircase. White 6 panel doors and white trim throughout. Easy-care high end LVP flooring on main level. Enormous living room with can lighting, open to the spacious eating area. Gorgeous all-new kitchen: white soft close cabinets with 42" uppers and pantry, quartz counters, XL white subway tile backsplash, stainless appliances. Open floor plan continues through breakfast nook area into main level family room with sliding doors to oversized covered patio overlooking the spacious back yard. Handy powder room on the main level, too. Direct access to the attached 2 car garage. Upstairs, you'll discover four bedrooms, all with ceiling fans. Master bedroom has direct access to beautiful private bath with full tiled shower, vanity with quartz top. Hall bath is also lovely, with tub/shower and quartz-topped vanity. Basement is finished, too! Drywall, LVP flooring, can lights, industrial-look painted ceiling, laundry area complete with new washer and dryer, separate utility/furnace room. There are so many completely new items here...they include: roof, gutters, shutters, windows, driveway, furnace, central air, lighting/fans, complete kitchen, all baths, refinished hardwood flooring on staircase and 2nd level, new flooring elsewhere, interior trim and refinished vintage panel doors,all appliances, painted/updated exterior and more. Wonderful location within walking distance to shopping, dining, parks, access to walk/bike trails that connect to downtown Frankfort. 157C Frankfort elementary and Lincolnway East HS, too. Come see this today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,401
Year Built
- Built in 1971 | Remodeled in 2021
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 75x140
- Fenced Yard
- Paved or Partially Paved Lot
- Mature Trees
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 1,884 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Panel Doors
- Recreation Room
- Lower Floor Utility Room
- Wood Flooring
- Carbon Monoxide Detectors
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Outdoor Features
- Patio
- Fire Pit
Schools
- Chelsea Elementary School
- Hickory Creek Middle School
- Lincoln-Way East High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 16, 2024
Sold by
Terek Dennis G and Zenere Kelly Jean
Bought by
Dennis G Terek And Kelly Z Terek Living Trust and Terek
Current Estimated Value
Purchase Details
Closed on
Jun 15, 2022
Sold by
Zenere and Colleen
Bought by
Terek Dennis G and Zenere Kelly Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 22, 2021
Closed on
Aug 18, 2021
Sold by
Johnson Daniel and Johnson Ashlee
Bought by
Zenere David and Zenere Colleen
Seller's Agent
Kim Noonan
RE/MAX 10
Buyer's Agent
Kevin Burke
RE/MAX 10
List Price
$379,900
Sold Price
$362,900
Premium/Discount to List
-$17,000
-4.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Purchase Details
Listed on
Apr 22, 2020
Closed on
Aug 18, 2020
Sold by
U S Bank National Association
Bought by
Johnson Daniel and Johnson Ashlee
Seller's Agent
Gary Weglarz
Applebrook Realty, Inc.
Buyer's Agent
Kim Noonan
RE/MAX 10
List Price
$225,000
Sold Price
$188,500
Premium/Discount to List
-$36,500
-16.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.32%
Original Mortgage
$186,375
Interest Rate
4%
Mortgage Type
Construction
Purchase Details
Closed on
May 26, 2020
Sold by
Reinhofer Ruth
Bought by
U S Bank National Association and Mortgage Eqt Conversion Asset Tr 2011 1
Purchase Details
Closed on
Apr 14, 2020
Sold by
Reinhofer Ruth A and Reinhofer Ruth
Bought by
Nationstar Mortgage Llc and Champion Mortgage Company
Purchase Details
Closed on
Apr 18, 2008
Sold by
Reinhofer John P and Reinhofer Ruth A
Bought by
Reinhofer Ruth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,800
Interest Rate
3.66%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dennis G Terek And Kelly Z Terek Living Trust | -- | None Listed On Document | |
| Terek Dennis G | $363,000 | None Listed On Document | |
| Zenere David | $362,900 | Chicago Title | |
| Johnson Daniel | $188,500 | None Available | |
| U S Bank National Association | -- | Premier Title | |
| Nationstar Mortgage Llc | -- | Premier Title | |
| Reinhofer Ruth A | -- | Lenders First Choice |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Terek Dennis | $80,000 | |
| Previous Owner | Terek Dennis G | $266,682 | |
| Previous Owner | Johnson Daniel | $186,375 | |
| Previous Owner | Reinhofer Ruth A | $412,800 | |
| Previous Owner | Reinhofer John P | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2021 08/13/21 | Sold | $362,900 | -4.5% | $193 / Sq Ft |
| 07/29/2021 07/29/21 | Pending | -- | -- | -- |
| 07/22/2021 07/22/21 | For Sale | $379,900 | +101.5% | $202 / Sq Ft |
| 09/30/2020 09/30/20 | Sold | $188,500 | +7.8% | $100 / Sq Ft |
| 08/12/2020 08/12/20 | Pending | -- | -- | -- |
| 07/30/2020 07/30/20 | Price Changed | $174,800 | -22.3% | $93 / Sq Ft |
| 04/22/2020 04/22/20 | For Sale | $225,000 | -- | $119 / 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 |
|---|---|---|---|---|
| 2023 | $8,495 | $102,904 | $19,867 | $83,037 |
| 2022 | $7,445 | $93,728 | $18,095 | $75,633 |
| 2021 | $7,010 | $87,687 | $16,929 | $70,758 |
| 2020 | $6,449 | $85,216 | $16,452 | $68,764 |
| 2019 | $6,179 | $82,936 | $16,012 | $66,924 |
| 2018 | $5,376 | $80,552 | $15,552 | $65,000 |
| 2017 | $5,508 | $78,672 | $15,189 | $63,483 |
| 2016 | $5,581 | $75,975 | $14,668 | $61,307 |
| 2015 | $5,624 | $73,299 | $14,151 | $59,148 |
| 2014 | $5,624 | $72,790 | $14,053 | $58,737 |
| 2013 | $5,624 | $73,734 | $14,235 | $59,499 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Kevin Burke
RE/MAX 10
(708) 805-1754
3 in this area
382 Total Sales
-
G
Seller's Agent in 2020
Gary Weglarz
Applebrook Realty, Inc.
(773) 779-8500
1 in this area
418 Total Sales
-
Seller Co-Listing Agent in 2020
William O'hare
Compass
(815) 685-6921
4 in this area
35 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11159448
APN: 09-21-115-016
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