NOT LISTED FOR SALE

7922 Wheatfield Dr Unit III Frankfort, IL 60423

Frankfort Square Neighborhood

Estimated Value: $419,000 - $482,000

3 Beds
2.5 Baths
1,900 Sq Ft
$240/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $440,000 $232 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,282/month

48 Days on Market

Highlights

  • Open Floorplan
  • Recreation Room
  • Wine Refrigerator
  • Indian Trail Elementary School Rated A-
  • Vaulted Ceiling
  • Home Office

About This Home

As of May 2023

Welcome to this beautiful custom built home in sought after Rainford Farms. Upon entering you are greeted by a spacious foyer., vaulted ceiling, and an abundance of natural light. The living room opens up seamlessly to the dining room. Moving through an arched doorway you'll find a gorgeous custom kitchen with 10 ft Island, pendant lighting, double oven, stunning cabinets with soft close and pull out drawers, Kitchen aide 5 burner cooktop, stunning tiled backsplash, and custom exhaust fan. Adjacent and open to the kitchen you'll find the gathering room... entertain, warm up by the fireplace, or have a game day! Upstairs is the Primary bedroom with attached ensuite bathroom, two additional bedrooms, and a second bathroom. Full finished basement has a dry bar, office, rec room, open living room, and storage room. Relax in the backyard with brick paver patio, canopy for shade, and a fire pit. Newer roof, soffit and fascia. Move in ready, shows like a model! Call for your tour today!

Last Agent to Sell the Property

Mindy Rampa

Latitude Realty License #471021280 Listed on: 02/27/2023

Last Buyer's Agent

Mark Vaccaro

Century 21 Circle License #471021485

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,907

Year Built

  • Built in 1996

Lot Details

  • 0.29 Acre Lot
  • Paved or Partially Paved Lot

Parking

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

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dry Bar
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Family Room Downstairs
  • Combination Dining and Living Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Double Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Rainford Farms Subdivision, Cardinal Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,907

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Rainford Farms
  • Year Built: 1996
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Wine Refrigerator, Wall Oven
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Dry, First Floor Laundry, Walk-In Closet(s), Open Floorplan
  • LivingArea: 1900
  • Room Type: Foyer, Office, Recreation Room, Storage, Family Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1711
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Square Footage Comments: Kitchen has had an addition
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Brick Paver Patio
  • List Price: 439000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 161

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.29
  • Lot Dimensions: 12790
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8906.78
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
May 24, 2023
Sold by
Bennett Michael A and Bennett Debra M
Bought by
Allen Sydney and Klimas Clifford
Seller's Agent
Mindy Rampa
Latitude Realty
Buyer's Agent
Mark Vaccaro
Century 21 Circle
List Price
$439,000
Sold Price
$440,000
Premium/Discount to List
$1,000
0.23%
Views
128
Current Estimated Value
$455,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,241
Avg. Annual Appreciation
1.42%
Original Mortgage
$418,000
Outstanding Balance
$406,876
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$48,365

Purchase Details

Closed on
Oct 11, 1996
Sold by
Stephens & Hayes Construction Inc
Bought by
Bennett Michael A and Bennett Debra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
8.44%
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 Buyer Sale Price Title Company
Allen Sydney $440,000 Usi
Bennett Michael A $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Sydney $418,000
Previous Owner Bennett Michael A $133,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2023 05/24/23 Sold $440,000 +0.2% $232 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/13/2023 04/13/23 Price Changed $439,000 0.0% $231 / Sq Ft
04/13/2023 04/13/23 For Sale $439,000 -0.2% $231 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $440,000 -- $232 / 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
2024 $10,736 $135,285 $26,128 $109,157
2023 $10,736 $120,823 $23,335 $97,488
2022 $9,500 $110,049 $21,254 $88,795
2021 $8,907 $102,955 $19,884 $83,071
2020 $8,770 $100,054 $19,324 $80,730
2019 $8,477 $97,376 $18,807 $78,569
2018 $8,166 $94,576 $18,266 $76,310
2017 $7,994 $92,369 $17,840 $74,529
2016 $7,747 $89,202 $17,228 $71,974
2015 $5,980 $86,060 $16,621 $69,439
2014 $5,980 $85,461 $16,505 $68,956
2013 $5,980 $86,569 $16,719 $69,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11715753

Midwest Real Estate Data (MRED)

APN: 19-09-13-313-013