$158,000
SOLD SEP 17, 2019

7319 Colony Ln Unit 2E Frankfort, IL 60423

Prestwick Neighborhood
2 Beds
2 Baths
1,386 Sq Ft
$278/mo HOA Fee

Recently Sold

$114 Per Sq Ft

4% Below List Price

54 Days on Market

Highlights

  • Water Views
  • Golf Course Community
  • Stream or River on Lot
  • Chelsea Intermediate School Rated A
  • Deck
  • Wooded Lot

About This Home

As of August 2020

PICTURESQUE SETTING IN BEAUTIFUL PRESTWICK COUNTRY CLUB. Wall of windows overlooking the 15th green from your living room. Open, generous sized living area with dining room. Kitchen has room for a table or island. Laundry in unit. Heated garage. Elevator service. 2 bedrooms and 2 full baths. Master suite has private bath, dressing area and walk-in closet. Assigned parking space #3 and locker #13 in basement. If you are looking for a peaceful place to call home, this is it.

Last Agent to Sell the Property

Lois Barz

Lincoln-Way Select Properties License #471005758 Listed on: 06/14/2019

Last Buyer's Agent

Jennifer Minyard

HomeSmart Realty Group License #475157975

HomeSmart Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,771

Year Built

  • Built in 1972

HOA Fees

  • $278 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Flexicore

Interior Spaces

  • 1,386 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Water Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Outdoor Features

  • Stream or River on Lot
  • Deck

Schools

  • Lincoln-Way East High School

Additional Features

  • Wooded Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 18 Units
  • Manager Association, Phone Number (815) 469-2600
  • Prestwick Country Club Subdivision
  • Property managed by PRESTWICK MANAGEMENT

Recreation

  • Golf Course Community

Pet Policy

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

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,771

Year Built

Built in 1972

Lot Details

0

HOA Fees

$278 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
  • Subdivision Name: Prestwick Country Club
  • Year Built: 1972
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Flexicore
  • LivingArea: 1386
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1386
  • 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: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 159900
  • Lot Features: Common Grounds, Golf Course Lot, Stream(s), Water View, Wooded
  • Roof: Asphalt, Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 278
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Management Company: PRESTWICK MANAGEMENT
  • Management Contact Name: MANAGER
  • Management Phone: 815-469-2600
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • High School: LINCOLN-WAY EAST HIGH SCHOOL
  • Middle/Junior School District: 157

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 3771.42
  • Tax Year: 2017
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Aug 24, 2020
Sold by
Hatton Linda R
Bought by
Lynch Jeremiah J and Lynch Daruelle V
Seller's Agent
Allyson Fernandes
Coldwell Banker Real Estate Group
Buyer's Agent
Cheryl Hanna
Crosstown Realtors, Inc.
List Price
$169,999
Sold Price
$161,500
Premium/Discount to List
-$8,499
-5%
Total Days on Market
54
Current Estimated Value
$264,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,360
Avg. Annual Appreciation
10.71%
Original Mortgage
$129,200
Outstanding Balance
$94,468
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$167,973

Purchase Details

Listed on
Jun 14, 2019
Closed on
Sep 13, 2019
Sold by
Hoevel Elizabeth P and Hoevel Julie A
Bought by
Hatton Linda R
Seller's Agent
Lois Barz
Lincoln-Way Select Properties
Buyer's Agent
Jennifer Minyard
HomeSmart Realty Group
List Price
$164,900
Sold Price
$158,000
Premium/Discount to List
-$6,900
-4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%
Original Mortgage
$142,200
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2009
Sold by
Pierie Patricia J
Bought by
Pierie Patricia J and The Harry J Pierie Decedents Trust

Purchase Details

Closed on
Jul 16, 2007
Sold by
Kittl Robert and Kittl Raeann
Bought by
Pierie Harry J and Pierie Patricia J

Purchase Details

Closed on
Jul 13, 2006
Sold by
Kawula Dorothy
Bought by
Kittl Robert and Kittl Raeann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2006
Sold by
Cassello Joseph N and Cassello Michael A
Bought by
Kawula Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
9.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 9, 1995
Sold by
Ernst Martin A
Bought by
Cassello Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
9.28%
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 $161,500 None Available
Deed $158,000 Attorney
Interfamily Deed Transfer -- None Available
Warranty Deed $220,000 Ticor Title
Warranty Deed $213,000 Ticor Title
Warranty Deed $170,000 Attorneys Title Guaranty Fun
Warranty Deed $114,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $129,200 New Conventional
Previous Owner $142,200 New Conventional
Previous Owner $170,400 Purchase Money Mortgage
Previous Owner $170,000 Fannie Mae Freddie Mac
Previous Owner $100,000 Credit Line Revolving
Previous Owner $85,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $161,500 -2.4% $117 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
06/08/2020 06/08/20 Price Changed $165,500 -2.6% $119 / Sq Ft
05/04/2020 05/04/20 For Sale $169,999 +7.6% $123 / Sq Ft
09/17/2019 09/17/19 Sold $158,000 -1.2% $114 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
07/06/2019 07/06/19 Price Changed $159,900 -3.0% $115 / Sq Ft
06/14/2019 06/14/19 For Sale $164,900 -- $119 / 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 $4,926 $62,669 $697 $61,972
2022 $4,335 $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 $3,672 $46,652 $515 $46,137
2015 $3,937 $45,009 $497 $44,512
2014 $3,937 $44,697 $494 $44,203
2013 $3,937 $49,916 $2,843 $47,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10417332

Midwest Real Estate Data (MRED)

APN: 09-25-204-013