NOT LISTED FOR SALE

7319 Colony Ln Unit 3B Frankfort, IL 60423

Prestwick Neighborhood

Estimated Value: $317,000 - $332,000

2 Beds
2 Baths
1,900 Sq Ft
$171/Sq Ft Est. Value

About This Home

This home is located at 7319 Colony Ln Unit 3B, Frankfort, IL 60423 and is currently estimated at $325,226, approximately $171 per square foot. 7319 Colony Ln Unit 3B is a home located in Will County with nearby schools including Grand Prairie Elementary School, Chelsea Intermediate School, and Hickory Creek Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
Joyce Janice
Bought by
Geers Brennan and Cosgrove Patrick R
Current Estimated Value
$325,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Outstanding Balance
$154,969
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$170,371

Purchase Details

Closed on
Oct 21, 2020
Sold by
Lohrens Justin C and Lohrens Jeremy
Bought by
Joyce Janice

Purchase Details

Closed on
Nov 15, 2019
Sold by
Formentini Serafino
Bought by
Lohrens Justin C and Lohrens Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,900
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2007
Sold by
Coghlan Martin D
Bought by
Formentini Serafino and Formentini Carol

Purchase Details

Closed on
Oct 24, 1994
Sold by
Beverly Trust Company
Bought by
Coghlan Martin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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 Buyer Sale Price Title Company
Geers Brennan $320,000 Old Republic Title
Joyce Janice $265,000 Fidelity National Title
Lohrens Justin C $165,200 Fidelity National Title
Formentini Serafino $218,000 First American Title Co
Coghlan Martin D $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geers Brennan $156,000
Previous Owner Lohrens Justin C $123,900
Previous Owner Coghlan Martin D $100,000
Source: Public Records

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 $6,965 $85,651 $697 $84,954
2022 $6,112 $78,014 $635 $77,379
2021 $5,749 $72,985 $594 $72,391
2020 $5,169 $70,928 $577 $70,351
2019 $4,984 $69,030 $562 $68,468
2018 $4,943 $67,806 $546 $67,260
2017 $4,923 $66,223 $533 $65,690
2016 $4,783 $63,953 $515 $63,438
2015 $4,634 $61,701 $497 $61,204
2014 $4,634 $61,273 $494 $60,779
2013 $4,634 $67,661 $2,843 $64,818
Source: Public Records

Map

Illinois Will County Frankfort 60423 Prestwick

7319 Colony Ln Unit 3B, Frankfort, IL

This home is located at 7319 Colony Ln Unit 3B, Frankfort, IL 60423 and is currently estimated at $325,226, approximately $171 per square foot. 7319 Colony Ln Unit 3B 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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