NOT LISTED FOR SALE

705 Colony Ln Frankfort, IL 60423

Prestwick Neighborhood

Estimated Value: $817,996 - $1,052,000

5 Beds
6 Baths
5,800 Sq Ft
$153/Sq Ft Est. Value

Sale Details

Date Sold: February 13, 2015

Last sale price $629,000 $108 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,685 / mo

7 Days on Market

Highlights

  • On Golf Course
  • Spa
  • Vaulted Ceiling
  • Chelsea Intermediate School Rated A
  • Landscaped Professionally
  • Wood Flooring

About This Home

As of February 2015

One of a kind brick ranch on breathtaking premium golf course lot! Unmatchable luxury & outdoor living! Amazing entry! Palladium windows! 10 Ft. ceilings! 8 Ft. doors! Stunning kitch w/frplc! Spacious mstr bdrm w/enormous walk in closet system! Fin w/o bsmnt! Amazing terrace & 3 Season Rm! Brick Paver circular drive, patio w/Stone Fire pit! Built in Grill w/seating! 12' x 8' in ground relax pool! See broker remarks

Last Agent to Sell the Property

James Murphy

Murphy Real Estate Group License #471006516 Listed on: 11/24/2014

Last Buyer's Agent

James Murphy

Murphy Real Estate Group License #471006516 Listed on: 11/24/2014

Home Details

Home Type

  • Single Family

Year Built

  • 1995

Lot Details

  • On Golf Course
  • Southern Exposure
  • Landscaped Professionally

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Circular Driveway
  • Brick Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Shingle Roof
  • Cedar

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Vaulted Ceiling
  • Workroom
  • Screened Porch
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Indoor Grill
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Spa
  • Patio
  • Fire Pit
  • Outdoor Grill

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1995

Lot Details

0.91 Acres

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Age: 16-20 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.1
  • Type Detached: Hillside
  • Estimated Year Built: 1995
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hot Tub, Bar-Wet, Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement
  • Number Of Rooms: 10
  • Living Room: Dimensions: 20X19, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, High End Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal, Grill-Indoor, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Water-Softener Owned, Central Vacuum, TV-Cable, Security System, CO Detectors, Ceiling Fan, Fan-Attic Exhaust, Sump Pump, Sprinkler-Lawn, Air Cleaner, Backup Sump Pump;
  • Attic: Full, Pull Down Stair, Unfinished
  • Basement: Walkout
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 14X9, On Level: Lower, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 21X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Screened Porch, Workroom
  • Master Bedroom: Dimensions: 20X14, On Level: Main Level, Flooring: Carpet
  • Additional Room 2 Name: Work Rm, Dimensions: 14X10, On Level: Lower, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Screened Porch, Dimensions: 22X8, On Level: Main Level, Flooring: Other
  • Bedroom 3: Dimensions: 21X11, On Level: Lower, Flooring: Carpet
  • Additional Room 4 Name: Other, Dimensions: 14X12, On Level: Lower, Flooring: Hardwood
  • Bedroom 4: Dimensions: 20X15, On Level: Lower, Flooring: Carpet
  • Additional Room 5 Name: Bar, Dimensions: 13X13, On Level: Lower
  • Additional Room 6 Name: 5th Bdrm, Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 5800
  • Family Room: Dimensions: 28X18, On Level: Lower, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio, Hot Tub, Porch Screened, Brick Paver Patio, Outdoor Grill, Fire Pit
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Brick, Circular
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 157C

Lot Info

  • Lot Dimensions: 37143 SF
  • Lot Description: Golf Course Lot, Landscaped Professionally
  • Parcel Identification Number: 1909252070090000

Tax Info

  • Taxes: 15,288

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2014
Closed on
Jan 1, 2015
Sold by
Bought by
Seller's Agent
James Murphy
Murphy Real Estate Group
Buyer's Agent
James Murphy
Murphy Real Estate Group
List Price
$649,000
Sold Price
$629,000
Premium/Discount to List
-$20,000
-3.08%
Current Estimated Value
$888,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,749
Avg. Annual Appreciation
3.07%
Original Mortgage
$503,200
Interest Rate
0.0337%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 27, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
0.0551%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 4, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$629,000 Citywide Title Corporation
$735,000 --
-- --
$650,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $600,000
Closed $500,000
Closed $250,000
Closed $510,000
Previous Owner $503,200
Previous Owner $15,000
Previous Owner $392,400
Previous Owner $417,000
Previous Owner $405,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/13/2015 02/13/15 Sold $629,000 -3.1% $108 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
11/24/2014 11/24/14 For Sale $649,000 -- $112 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,110 $275,854 $70,719 $205,135
2023 $21,222 $246,364 $63,159 $183,205
2022 $20,142 $224,396 $57,527 $166,869
2021 $17,502 $209,932 $53,819 $156,113
2020 $17,078 $204,015 $52,302 $151,713
2019 $16,539 $198,555 $50,902 $147,653
2018 $16,257 $192,847 $49,439 $143,408
2017 $16,255 $188,346 $48,285 $140,061
2016 $15,887 $181,889 $46,630 $135,259
2015 $15,509 $175,484 $44,988 $130,496
2014 $15,509 $174,264 $44,675 $129,589
2013 $15,509 $176,523 $45,254 $131,269
Source: Public Records

Agents Affiliated with this Home

  • James Murphy

    Seller's Agent in 2015

    James Murphy

    Murphy Real Estate Group

    (815) 464-1110

    9 in this area

    200 Total Sales

    James Murphy
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08792808

Midwest Real Estate Data (MRED)

APN: 19-09-25-207-009

Illinois Will County Frankfort 60423 Prestwick

705 Colony Ln, Frankfort, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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