591 Timber Ln Frankfort, IL 60423
Prestwick NeighborhoodEstimated Value: $523,740 - $644,000
3
Beds
4
Baths
2,554
Sq Ft
$233/Sq Ft
Est. Value
About This Home
This home is located at 591 Timber Ln, Frankfort, IL 60423 and is currently estimated at $595,435, approximately $233 per square foot. 591 Timber Ln 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
Mar 6, 2019
Sold by
Spearing Sarah D
Bought by
Spearing Sarah D and Sarah D Spearing Revocable Tru
Current Estimated Value
Purchase Details
Closed on
Jan 27, 2019
Sold by
Spearing Brett C
Bought by
Spearing Sarah D
Purchase Details
Closed on
Sep 15, 2005
Sold by
Gerber James C and Gerber Ann C
Bought by
Spearing Brett C and Spearing Sarah D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,920
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 6, 1997
Sold by
Gerber James C and Gerber Ann C
Bought by
Gerber James C and Gerber Ann C
Purchase Details
Closed on
Aug 4, 1994
Sold by
Johnston Don B and Johnston Martha M
Bought by
Gerber James C and Gerber Ann C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.62%
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 |
|---|---|---|---|
| Spearing Sarah D | -- | Attorney | |
| Spearing Sarah D | -- | None Available | |
| Spearing Brett C | $420,000 | Multiple | |
| Gerber James C | -- | -- | |
| Gerber James C | $95,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Spearing Brett C | $335,920 | |
| Previous Owner | Gerber James C | $220,000 |
Source: Public Records
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 | $13,062 | $172,856 | $45,689 | $127,167 |
| 2023 | $13,062 | $154,377 | $40,805 | $113,572 |
| 2022 | $11,424 | $140,611 | $37,166 | $103,445 |
| 2021 | $10,775 | $131,547 | $34,770 | $96,777 |
| 2020 | $10,508 | $127,840 | $33,790 | $94,050 |
| 2019 | $10,171 | $124,419 | $32,886 | $91,533 |
| 2018 | $9,992 | $120,843 | $31,941 | $88,902 |
| 2017 | $9,986 | $118,022 | $31,195 | $86,827 |
| 2016 | $9,753 | $113,976 | $30,126 | $83,850 |
| 2015 | $9,969 | $109,962 | $29,065 | $80,897 |
| 2014 | $9,969 | $109,198 | $28,863 | $80,335 |
| 2013 | $9,969 | $117,194 | $35,817 | $81,377 |
Source: Public Records
Map
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