$177,900
SOLD JUN 11, 2018

7319 Colony Ln Unit 2B Frankfort, IL 60423

Prestwick Neighborhood
2 Beds
2 Baths
1,320 Sq Ft
$267/mo HOA Fee

Recently Sold

$135 Per Sq Ft

1% Below List Price

37 Days on Market

Highlights

  • On Golf Course
  • Wooded Lot
  • Balcony
  • Chelsea Intermediate School Rated A
  • Walk-In Pantry
  • Attached Garage

About This Home

As of June 2018

BEAUTIFUL 2 BEDROOM, 2 BATH CONDO. HEATED UNDERGROUND PARKING. ELEVATOR BUILDING. PRIVATE BALCONY. COUNTRY CLUB VIEW. LARGE KITCHEN WITH EATING AREA AND PANTRY. LAUNDRY IN UNIT. FULL SIZE WASHER & DRYER. STORAGE IN BASEMENT. PARKING SPACE 21, NEAR ELEVATOR, LOCKER #23

Last Agent to Sell the Property

Lois Barz

Lincoln-Way Select Properties License #471005758 Listed on: 04/09/2018

Last Buyer's Agent

David Cobb

RE/MAX 10 License #475130440

RE/MAX 10

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,664

Year Built

  • 1973

Lot Details

  • On Golf Course
  • Wooded Lot

HOA Fees

  • $267 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Flexicore

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Additional Features

  • Laminate Flooring
  • Primary Bathroom is a Full Bathroom
  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • $3,000 Seller Concession

Community Details

Overview

  • Stream

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,664

Year Built

1973

Lot Details

0

HOA Fees

$267 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Non-Smoking Building
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1320
  • Estimated Year Built: 1973
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1973

Interior Features

  • Interior Property Features: Wood Laminate Floors, Laundry Hook-Up in Unit, Flexicore
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X16, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 7X7, On Level: Main Level
  • Dining Room: Dimensions: 10X9, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1320
  • Estimated Total Finished Sq Ft: 1320
  • Main Level Sq Ft: 1320
  • Dining Room Type: L-shaped

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 35
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator, Storage
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 267
  • Management Contact Name: MANAGER
  • Management Phone: 815-469-5300

Fee Information

  • Management Company: PRESTWICK MANAGEMENT

Schools

  • School District: 210
  • High School: LINCOLN-WAY EAST HIGH SCHOOL
  • Junior High Dist: 157

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Golf Course Lot, Stream, Wooded
  • Parcel Identification Number: 1909252040100000

Multi Family

  • Total Number Unitsin Building: 18
  • Number Stories: 1

Tax Info

  • Taxes: 4013.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jun 11, 2018
Sold by
Crana Homes Inc
Bought by
Craven Lisa L
Seller's Agent
Lois Barz
Lincoln-Way Select Properties
Buyer's Agent
David Cobb
RE/MAX 10
List Price
$179,900
Sold Price
$177,900
Premium/Discount to List
-$2,000
-1.11%
Current Estimated Value
$269,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,347
Avg. Annual Appreciation
6.38%
Original Mortgage
$158,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2009
Sold by
Adams Jamie and Levickas Michael
Bought by
Crana Homes Inc

Purchase Details

Closed on
Apr 28, 2006
Sold by
Foody Thomas and Foody Bridget
Bought by
Levickas Jamie and Levickas Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 14, 2006
Sold by
First Midwest Bank
Bought by
Foody Thomas and Foody Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 29, 2005
Sold by
Mortgage Electronic Registration Systems
Bought by
First Midwest Bank and Trust #986341

Purchase Details

Closed on
Nov 18, 2005
Sold by
Feltenstein Paul B
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
Mar 19, 2002
Sold by
Chellino Anthony and Chellino Karen L
Bought by
Feltenstein Paul B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 1999
Sold by
Norman Dennis J and Norman Patricia G
Bought by
Chellino Anthony and Chellino Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 1995
Sold by
Schroeder Don H
Bought by
Norman Dennis J and Norman Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $177,900 Attorneys Title Guaranty Fun
Warranty Deed $195,000 Atg
Warranty Deed $200,000 Millennium Title Group
Deed $150,500 None Available
Special Warranty Deed $155,000 First American Title
Sheriffs Deed -- --
Warranty Deed $130,000 --
Warranty Deed $130,000 --
Warranty Deed $127,500 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $147,200 New Conventional
Closed $158,400 New Conventional
Previous Owner $160,000 Fannie Mae Freddie Mac
Previous Owner $124,000 Unknown
Previous Owner $31,000 Unknown
Previous Owner $123,500 Purchase Money Mortgage
Previous Owner $117,000 Purchase Money Mortgage
Previous Owner $120,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Rented $1,800 0.0% --
08/17/2020 08/17/20 Under Contract -- -- --
07/31/2020 07/31/20 For Rent $1,800 0.0% --
06/11/2018 06/11/18 Sold $177,900 -1.1% $135 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $179,900 0.0% $136 / Sq Ft
04/01/2017 04/01/17 Rented $1,600 0.0% --
03/31/2017 03/31/17 Off Market $1,600 -- --
01/11/2017 01/11/17 For Rent $1,600 -- --
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 $4,664 $59,718 $697 $59,021
2022 $4,370 $54,393 $635 $53,758
2021 $3,852 $50,887 $594 $50,293
2020 $3,748 $49,453 $577 $48,876
2019 $3,619 $48,130 $562 $47,568
2018 $3,577 $47,107 $546 $46,561
2017 $3,566 $46,007 $533 $45,474
2016 $4,013 $44,430 $515 $43,915
2015 -- $42,866 $497 $42,369
2014 -- $42,568 $494 $42,074
2013 -- $47,537 $2,843 $44,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09910573

Midwest Real Estate Data (MRED)

APN: 09-25-204-010