$161,500
SOLD AUG 24, 2020

7319 Colony Ln Unit 2E Frankfort, IL 60423

Prestwick Neighborhood
2 Beds
2 Baths
1,386 Sq Ft
$292/mo HOA Fee

Recently Sold

$117 Per Sq Ft

5% Below List Price

60 Days on Market

Highlights

  • Water Views
  • On Golf Course
  • Wooded Lot
  • Chelsea Intermediate School Rated A
  • Deck
  • Wood Flooring

About This Home

As of August 2020

PICTURESQUE SETTING IN BEAUTIFUL PRESTWICK COUNTRY CLUB. ELEVATOR BUILDING! 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. Ready to just move in and enjoy. Don't miss this great opportunity.

Last Agent to Sell the Property

Allyson Fernandes

Coldwell Banker Real Estate Group License #475127260 Listed on: 05/04/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Cheryl Hanna

Crosstown Realtors, Inc. License #475144343

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,926

Year Built

  • 1972

Lot Details

  • On Golf Course
  • Wooded Lot

HOA Fees

  • $292 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Circular Driveway
  • Parking Included in Price

Home Design

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

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Additional Features

  • Water Views
  • Breakfast Bar
  • Wood Flooring
  • Washer and Dryer Hookup
  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Stream
  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,926

Year Built

1972

Lot Details

0

HOA Fees

$292 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1972
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1972

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Flexicore, Walk-In Closet(s)
  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X15, On Level: Main Level
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 15X10, On Level: Main Level
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • 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: 1386
  • Dining Room Type: Combined w/ LivRm

Exterior Features

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

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt, Circular
  • 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: 25
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Weight Limitation
  • Common Area Amenities: Elevator
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 292
  • Management Contact Name: MANAGER-Lois Barz
  • Management Phone: 815-469-2600

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: Common Grounds, Golf Course Lot, Stream, Water View, Wooded
  • Parcel Identification Number: 1909252040130000

Multi Family

  • Total Number Unitsin Building: 18
  • Number Stories: 3

Tax Info

  • Taxes: 3781.60

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%
Current Estimated Value
$256,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,582
Avg. Annual Appreciation
10.51%
Original Mortgage
$129,200
Outstanding Balance
$94,468
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$170,392

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: MRD10705439

Midwest Real Estate Data (MRED)

APN: 09-25-204-013