594 Timber Ln Frankfort, IL 60423
Prestwick NeighborhoodEstimated Value: $504,000 - $548,000
4
Beds
4
Baths
2,208
Sq Ft
$241/Sq Ft
Est. Value
About This Home
This home is located at 594 Timber Ln, Frankfort, IL 60423 and is currently estimated at $531,667, approximately $240 per square foot. 594 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
Aug 12, 1996
Sold by
Istel Edward L and Klier Linda Jane
Bought by
Palos Bank & Trust Company
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$14,970
Interest Rate
6.25%
Estimated Equity
$516,697
Purchase Details
Closed on
Nov 1, 1991
Sold by
Istel Margaret J
Bought by
Istel Margaret J and Margaret J Istel Revocable Tru
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Palos Bank & Trust Company | $240,000 | -- | |
| Istel Margaret J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Palos Bank & Trust Company | $228,000 |
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 | $11,444 | $160,437 | $54,559 | $105,878 |
| 2023 | $11,444 | $143,285 | $48,726 | $94,559 |
| 2022 | $10,917 | $130,508 | $44,381 | $86,127 |
| 2021 | $9,963 | $122,095 | $41,520 | $80,575 |
| 2020 | $9,862 | $118,654 | $40,350 | $78,304 |
| 2019 | $9,404 | $115,478 | $39,270 | $76,208 |
| 2018 | $9,237 | $112,158 | $38,141 | $74,017 |
| 2017 | $9,230 | $109,540 | $37,251 | $72,289 |
| 2016 | $9,013 | $105,785 | $35,974 | $69,811 |
| 2015 | $8,789 | $102,060 | $34,707 | $67,353 |
| 2014 | $8,789 | $101,351 | $34,466 | $66,885 |
| 2013 | $8,789 | $102,665 | $34,913 | $67,752 |
Source: Public Records
Map
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