NOT LISTED FOR SALE

7319 Colony Ln Unit 1C Frankfort, IL 60423

Prestwick Neighborhood

Estimated Value: $259,323 - $285,000

2 Beds
2 Baths
1,400 Sq Ft
$320/mo HOA Fee

Last Sold May 13, 2022

Last sale price $225,000 $161 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,134/month

5 Days on Market

Highlights

  • Golf Course Community
  • Lock-and-Leave Community
  • Main Floor Bedroom
  • Chelsea Intermediate School Rated A
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of May 2022

PRESTWICK COUNTRY CLUB * FIRST FLOOR CONDO * 2 BEDROOM * 2 BATH * GOLF COURSE VIEWS OF 15TH HOLE * LUXERY VINYL FLOORS * UPDATED MASTER BATH * OPEN LIVING ROOM TO DINING AREA *ATTACHED PARKING INCLUDED AND STORAGE * ELEVATOR BUILDING * AWARD WINNING LINCOLNWAY SCHOOL DISTRICT * CLOSE TO MAJOR EXPRESSWAYS * DOWNTOWN FRANKFORT * HOME WARRANTY INCLUDED * A MUST SEE !!

Last Agent to Sell the Property

Kate Daly

Front Gate Realty of Illinois, Ltd License #471000395 Listed on: 03/17/2022

Last Buyer's Agent

Liz Avila

Oak Leaf Realty License #475170455

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,958

Year Built

  • Built in 1972

Lot Details

  • 1.66

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Lincoln-Way East High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 18 Units
  • Tom And Lois Barz Association, Phone Number (815) 469-5300
  • Property managed by PRESTWICK Management
  • Lock-and-Leave Community

Amenities

  • Building Patio
  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Golf Course Community

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,958

Year Built

Built in 1972

Lot Details

0

HOA Fees

$320 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1972
  • 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
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Water Softener
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Some Carpeting
  • LivingArea: 1400
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 235000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 320
  • Association Amenities: Elevator(s), Storage, Golf Course, Security Door Lock(s), Laundry, Patio
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: PRESTWICK Management
  • Management Contact Name: Tom and Lois Barz
  • Management Phone: 815-469-5300
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • High School: Lincoln-Way East High School
  • Middle/Junior School District: 157C

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 3958.44
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
May 13, 2022
Sold by
Lonergan Guy R and Lonergan Barbara E
Bought by
Ciaccio Joseph Phillip and Schreiber-Ciaccio Tania Pamela
Seller's Agent
Kate Daly
Front Gate Realty of Illinois, Ltd
Buyer's Agent
Liz Avila
Oak Leaf Realty
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Total Days on Market
5
Current Estimated Value
$274,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,331
Avg. Annual Appreciation
6.91%
Original Mortgage
$175,000
Outstanding Balance
$167,095
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$108,783

Purchase Details

Closed on
May 1, 2006
Sold by
Gilmartin David J
Bought by
Lonergan Guy R and Apple Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Ciaccio Joseph Phillip $225,000 Sokol & Mazian
Lonergan Guy R $175,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ciaccio Joseph Phillip $175,000
Previous Owner Lonergan Guy R $125,000
Previous Owner Lonergan Guy R $140,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $225,000 -4.3% $161 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $235,000 -- $168 / 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
2023 $4,292 $62,669 $697 $61,972
2022 $4,064 $57,081 $635 $56,446
2021 $4,068 $53,402 $594 $52,808
2020 $3,958 $51,897 $577 $51,320
2019 $3,823 $50,508 $562 $49,946
2018 $3,782 $49,463 $546 $48,917
2017 $3,771 $48,308 $533 $47,775
2016 $4,214 $46,652 $515 $46,137
2015 $4,120 $45,009 $497 $44,512
2014 $4,120 $44,697 $494 $44,203
2013 $4,120 $49,916 $2,843 $47,073
Source: Public Records

Agents Affiliated with this Home

  • Kate Daly

    Seller's Agent in 2022

    Kate Daly

    Front Gate Realty of Illinois, Ltd

    Section Image
  • Liz Avila

    Buyer's Agent in 2022

    Liz Avila

    Oak Leaf Realty

    (708) 289-6591

    1 in this area

    46 Total Sales

    Liz Avila
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11349686

Midwest Real Estate Data (MRED)

APN: 09-25-204-003

Illinois Will County Frankfort 60423 Prestwick

7319 Colony Ln Unit 1C, Frankfort, IL

This home is located at 7319 Colony Ln Unit 1C, Frankfort, IL 60423 since 17 March 2022 and is currently estimated at $274,331, approximately $195 per square foot. This property was built in 1972. 7319 Colony Ln Unit 1C is a home located in Will County with nearby schools including Grand Prairie Elementary School, Chelsea Intermediate School, and Hickory Creek Middle School.

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