NOT LISTED FOR SALE

Estimated Value: $550,000 - $660,000

5 Beds
4 Baths
2,587 Sq Ft
$226/Sq Ft Est. Value

Last Sold August 09, 2023

Last sale price $510,000 $197 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,892/month

1 Day on Market

Highlights

  • Cape Cod Architecture
  • Family Room with Fireplace
  • Main Floor Bedroom
  • Chelsea Intermediate School Rated A
  • Wood Flooring
  • Screened Porch

About This Home

As of August 2023

593 Timber Lane is a beautiful single-family home located in the highly sought after city of Frankfort, IL. The Cape Code style home is part of the Prestwick subdivision and is situated in a quiet, tree-lined cul-de-sac. It boasts a spacious layout, with five bedrooms and three bathrooms spread across more than 2,700 square feet of living space. The full basement also includes an additional bedroom and bathroom. As you enter the home, you will immediately notice the bright and airy atmosphere and unique design, with natural light flooding the open and inviting living spaces. The main floor features a spacious living room with a wood plank ceiling and cozy fireplace, perfect for relaxing with family and friends. The adjacent dining room is ideal for hosting dinner parties and gatherings, and the kitchen features an exposed brick wall, stainless steel appliances (including a double oven), and ample cabinet space for all your cooking needs. The kitchen also features a breakfast bar, perfect for casual meals or morning coffee. At the front of the home you'll find a charming library area with floor to ceiling built in shelving. On the right side of the main floor, you will also find the master suite with a walk-in closet and a remodeled bathroom featuring a walk in rain shower and his and her sinks. On the left side of the house, you'll find an additional bathroom/mud room, and another bedroom currently set up as an office but including built in cabinets and shelves. The upper level of the home is where you will find three more bedrooms, and a shared bathroom with a shower and double sinks. Storage won't be an issue either with plentiful closet space throughout the floor. The partially finished basement is a great games and recreation area, with a fireplace and TV mounted for entertainment. There is another bedroom which includes a private bathroom, making it ideal for visitors. There is also an unfinished area which could be a workshop and/or fitness area. The private backyard is a nature lovers dream with large trees and frequent deer visits. It starts with a screened in porch and then opens to a spacious yard and large patio and grilling area (including a natural gas line for your grill), perfect for summer barbecues, outdoor activities, and relaxing in the sun. Other features of the home include a two-car attached garage, a laundry room, and plenty of storage space. Finally, this home resides in the award-winning school districts of 157C and Lincolnway East High School!

Last Agent to Sell the Property

Ryan Gehris

USRealty.com, LLP License #471012933 Listed on: 07/09/2023

Last Buyer's Agent

Mike McCatty

Century 21 Circle License #471002650

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,276

Year Built

  • Built in 1976

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 60x268x120x216x164
  • Cul-De-Sac
  • Property has an invisible fence for dogs

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,587 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Formal Dining Room
  • Screened Porch

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Patio

Schools

  • Grand Prairie Elementary School
  • Hickory Creek Middle School
  • Lincoln-Way East High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Prestwick Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,276

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Prestwick
  • Year Built: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Walk-In Closet(s), Some Carpeting
  • LivingArea: 2587
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Bedroom 5, Bedroom 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Family Room,Basement
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Porch, Porch Screened, Invisible Fence
  • Foundation Details: Concrete Perimeter
  • Lot Features: Cul-De-Sac, Fence-Invisible Pet
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Grand Prairie Elementary School
  • High School: Lincoln-Way East High School
  • Middle/Junior School: Hickory Creek Middle School

Lot Info

  • Lot Size Acres: 0.75
  • Lot Dimensions: 60X268X120X216X164
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8276.32
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2023
Closed on
Aug 5, 2023
Sold by
Borden Robert C and Borden Barbara
Bought by
Leggero Mario and Leggero Josephine
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Mike McCatty
Century 21 Circle
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%
Views
144
Current Estimated Value
$585,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,013
Avg. Annual Appreciation
5.86%
Original Mortgage
$433,500
Outstanding Balance
$423,750
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$161,263

Purchase Details

Closed on
Dec 22, 2011
Sold by
Spencer Michael S
Bought by
Borden Robert C and Borden Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2009
Sold by
Spencer Michael S and Spencer Taeya A
Bought by
Spencer Michael S

Purchase Details

Closed on
Jan 31, 2000
Sold by
Kernagis Thomas A and Kernagis Nancy
Bought by
Spencer Michael S and Spencer Taeya A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,400
Interest Rate
7.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Leggero Mario $510,000 Acuity Title
Borden Robert C $272,000 Multiple
Spencer Michael S -- Chicago Title Insurance Co
Spencer Michael S $343,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leggero Mario $433,500
Previous Owner Borden Robert C $258,400
Previous Owner Spencer Michael S $274,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2023 08/09/23 Sold $510,000 +2.0% $197 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
07/09/2023 07/09/23 For Sale $499,900 -- $193 / Sq Ft
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
2024 $10,031 $134,603 $52,630 $81,973
2023 $10,031 $120,214 $47,004 $73,210
2022 $8,783 $109,495 $42,813 $66,682
2021 $8,276 $102,437 $40,053 $62,384
2020 $8,068 $99,550 $38,924 $60,626
2019 $7,806 $96,885 $37,882 $59,003
2018 $7,665 $94,100 $36,793 $57,307
2017 $7,658 $91,903 $35,934 $55,969
2016 $7,475 $88,752 $34,702 $54,050
2015 $7,184 $85,627 $33,480 $52,147
2014 $7,184 $85,032 $33,247 $51,785
2013 $7,184 $86,134 $33,678 $52,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11826670

Midwest Real Estate Data (MRED)

APN: 19-09-26-205-010