NOT LISTED FOR SALE

590 Timber Ln Unit A Frankfort, IL 60423

Prestwick Neighborhood

Estimated Value: $599,000 - $701,000

4 Beds
4 Baths
3,520 Sq Ft
$183/Sq Ft Est. Value

About This Home

This home is located at 590 Timber Ln Unit A, Frankfort, IL 60423 and is currently estimated at $643,727, approximately $182 per square foot. 590 Timber Ln Unit A is a home located in Will County with nearby schools including Grand Prairie Elementary School, Chelsea Intermediate School, and Hickory Creek Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2016
Sold by
Melnvk Michael E and Melnyk Pamela S
Bought by
Melnyk Michael E and Melnyk Pamela S
Current Estimated Value
$670,228

Purchase Details

Closed on
Oct 20, 2014
Sold by
First Midwest Bank
Bought by
Melnyk Michael E and Melnyk Pamela S

Purchase Details

Closed on
Jul 5, 2002
Sold by
Marshall Fred A and Marshall Constance J
Bought by
First Midwest Trust Company and Trust #89-3666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Melnyk Michael E -- Attorney
Melnyk Michael E -- Fidelity National Title Ins
First Midwest Trust Company $370,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melnyk Michael E $250,000
Previous Owner First Midwest Bank $250,000
Previous Owner First Midwest Bank $175,000
Previous Owner First Midwest Bank $290,000
Previous Owner First Midwest Trust Company $296,000
Previous Owner Marshall Fred A $312,500
Source: Public Records

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 $12,327 $153,236 $48,987 $104,249
2022 $10,912 $139,572 $44,619 $94,953
2021 $10,262 $130,575 $41,743 $88,832
2020 $9,995 $126,895 $40,567 $86,328
2019 $9,663 $123,499 $39,481 $84,018
2018 $9,479 $119,949 $38,346 $81,603
2017 $9,462 $117,149 $37,451 $79,698
2016 $9,677 $113,133 $36,167 $76,966
2015 $9,437 $109,149 $34,893 $74,256
2014 $9,437 $108,390 $34,650 $73,740
2013 $9,437 $109,795 $35,099 $74,696
Source: Public Records

Map

Illinois Will County Frankfort 60423 Prestwick

590 Timber Ln Unit A, Frankfort, IL

This home is located at 590 Timber Ln Unit A, Frankfort, IL 60423 and is currently estimated at $643,727, approximately $182 per square foot. 590 Timber Ln Unit A is a home located in Will County with nearby schools including Grand Prairie Elementary School, Chelsea Intermediate School, and Hickory Creek Middle School.

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