Seller's Agent in 2022
Stormie Charles
Keller Williams Preferred Rlty
(708) 296-3315
1 in this area
1 Total Sale
7202 Georgetown Commons Frankfort, IL 60423
Frankfort Square NeighborhoodEstimated Value: $534,000 - $606,000
4
Beds
2.5
Baths
3,301
Sq Ft
$172/Sq Ft
Est. Value
Highlights
- Home Theater
- Colonial Architecture
- Property is near a park
- Indian Trail Elementary School Rated A-
- Deck
- Vaulted Ceiling
About This Home
As of August 2022Welcome home to this 2 story 4 bedroom 2.5 bathroom brick home in the award winning Lincoln Way school district. An abundance of sunlight greets you as you enter the 2 story foyer. The spacious formal living room welcomes you on the left and on the right is a formal dining room which the current owners have converted to 1 of 2 home offices. Continue just past the beautiful hardwood stairs to the open kitchen and dining room/family room. This space is perfect for entertaining with full views of the huge backyard, a double sided fireplace, and ample cooking space. Holidays will be a breeze as your inner chef enjoys preparing food on your gas stove, and double oven. Upstairs there are 4 amazing bedrooms and 2 full bathrooms. The large owners suite offers 2 closets, a recently updated full bathroom with a stand alone shower and oversized jetted tub. The 2nd bedroom has some incredible features including a unique spiral stairway leading to a cozy loft, vaulted ceilings, and a skylight. The spacious 3rd bedroom offers a large closet, and recently installed lighting and fan. The extra large 4th bedroom could easily be converted in to a second owners suite with ample closet space and a private sitting room. The current owners use the 4th bedroom as an upstairs living space and hidden playroom. This home also offers a partially finished basement complete with 2 additional rooms. The cedar room is currently used as a media room. The 2nd space with it's built in shelving is perfect for your home library, or crafting space. The unfinished portion of the basement has plenty of space for storage or a workshop with shelving and natural light. You DO NOT want to miss this house! The possibilities are absolutely endless with this home and it's huge rod-iron fenced in backyard! The backyard is complete with 2 fruit barring peach trees, fire pit, patio and deck with gazebo. The Georgetown Neighborhood where neighbors become friends offers access to a playground and the historic Plank Trail. A thirty minute stroll or bike ride on the trail will lead you to downtown Frankfort where you can enjoy the weekend Farmer's Market or one of the many small business and restaurants.
Last Agent to Sell the Property
Keller Williams Preferred Rlty License #475197461 Listed on: 07/14/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,723
Year Built
- Built in 1994
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 121.7x180.6x120.8x180.4
- Fenced Yard
- Paved or Partially Paved Lot
HOA Fees
- $8 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Driveway
- Parking Space is Owned
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 3,301 Sq Ft Home
- 2-Story Property
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Double Sided Fireplace
- Gas Log Fireplace
- Entrance Foyer
- Family Room
- Living Room
- Dining Room with Fireplace
- Home Theater
- Library with Fireplace
Kitchen
- Range
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Sink Near Laundry
- Gas Dryer Hookup
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Recreation or Family Area in Basement
Outdoor Features
- Deck
- Brick Porch or Patio
- Fire Pit
- Gazebo
Location
- Property is near a park
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- Association fees include insurance
- Stephanie Kobialko Association, Phone Number (630) 750-0914
- Georgetown Subdivision
- Property managed by Georgetown Homeowners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2022
Closed on
Aug 23, 2022
Sold by
Elliott Charles
Bought by
Nikolov Nikola
Seller's Agent
Stormie Charles
Keller Williams Preferred Rlty
Buyer's Agent
Petya Karadzhova
Baird & Warner
List Price
$469,900
Sold Price
$480,000
Premium/Discount to List
$10,100
2.15%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,952
Avg. Annual Appreciation
5.45%
Original Mortgage
$403,200
Outstanding Balance
$385,078
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$181,874
Purchase Details
Listed on
Dec 1, 2019
Closed on
Apr 7, 2020
Sold by
Reynolds James C and Reynolds Cynthia G
Bought by
Charles Elliott
Seller's Agent
Marie Desmet
Coldwell Banker Real Estate Group
Buyer's Agent
Jasmine Baynes
EXIT Strategy Realty
List Price
$399,900
Sold Price
$382,000
Premium/Discount to List
-$17,900
-4.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$374,440
Interest Rate
3.49%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 15, 2008
Sold by
North Star Trust Co
Bought by
Reynolds James C and Reynolds Cynthia G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 17, 2004
Sold by
Woodward Joseph E and Woodward Michael K
Bought by
Greatbanc Trust Co and Trust #8562
Purchase Details
Closed on
May 24, 2000
Sold by
Pague Timothy K and Pague Margaret L
Bought by
Woodward Joseph E and Woodward Karla J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
8.18%
Purchase Details
Closed on
Jun 22, 1994
Sold by
The Chicago Heights National Bank
Bought by
Pague Timothy K and Pague Margaret L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
8.5%
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 |
|---|---|---|---|
| Nikolov Nikola | $480,000 | -- | |
| Charles Elliott | $382,000 | Chicago Title Insurance Co | |
| Reynolds James C | $335,000 | Millennium Title Group Ltd | |
| Greatbanc Trust Co | -- | -- | |
| Woodward Joseph E | $278,000 | Stewart Title | |
| Pague Timothy K | $300,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nikolov Nikola | $403,200 | |
| Previous Owner | Charles Elliott | $374,440 | |
| Previous Owner | Reynolds James C | $268,000 | |
| Previous Owner | Woodward Joseph E | $203,000 | |
| Previous Owner | Pague Timothy K | $270,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/31/2022 08/31/22 | Sold | $480,000 | +2.1% | $145 / Sq Ft | |
| 07/20/2022 07/20/22 | Pending | -- | -- | -- | |
| 07/14/2022 07/14/22 | For Sale | $469,900 | +23.0% | $142 / Sq Ft | |
| 04/13/2020 04/13/20 | Sold | $382,000 | -4.5% | $145 / Sq Ft | View Prior Sale |
| 02/07/2020 02/07/20 | Pending | -- | -- | -- | |
| 12/01/2019 12/01/19 | For Sale | $399,900 | -- | $152 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $10,670 | $130,182 | $17,236 | $112,946 |
| 2023 | $10,670 | $116,265 | $15,393 | $100,872 |
| 2022 | $9,447 | $105,897 | $14,020 | $91,877 |
| 2021 | $8,864 | $99,071 | $13,116 | $85,955 |
| 2020 | $8,723 | $96,279 | $12,746 | $83,533 |
| 2019 | $8,433 | $93,702 | $12,405 | $81,297 |
| 2018 | $9,997 | $110,595 | $32,823 | $77,772 |
| 2017 | $9,788 | $108,014 | $32,057 | $75,957 |
| 2016 | $9,487 | $104,311 | $30,958 | $73,353 |
| 2015 | $9,147 | $100,638 | $29,868 | $70,770 |
| 2014 | $9,147 | $99,938 | $29,660 | $70,278 |
| 2013 | $9,147 | $101,234 | $30,045 | $71,189 |
Source: Public Records
Agents Affiliated with this Home
-
Stormie Charles
-
Petya Karadzhova
Buyer's Agent in 2022
Petya Karadzhova
Baird Warner
(312) 998-9788
1 in this area
39 Total Sales
-
M
Seller's Agent in 2020
Marie Desmet
Coldwell Banker Real Estate Group
-
Jasmine Baynes
Buyer's Agent in 2020
Jasmine Baynes
EXIT Strategy Realty
(708) 912-0775
1 in this area
119 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11460199
APN: 19-09-24-401-018
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