NOT LISTED FOR SALE

8038 W Magnolia Dr Frankfort, IL 60423

Frankfort Square Neighborhood

Estimated Value: $324,000 - $368,000

3 Beds
2 Baths
1,729 Sq Ft
$198/Sq Ft Est. Value

Last Sold June 05, 2014

Last sale price $165,000 $95 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,476/month

About This Home

As of June 2014

Short term Rental Only. Lease expiration date will be May 10th 2018 and tenant must be moved out by midnight. . Great for anyone in a transition period. Frankfort Square ranch. This 3-bed 2 Full -bath home features a great open floor plan. Newer roof, windows, and pergo floors. Updated kitchen,Large master bedroom with private bath and double closets. Family room with newer carpet and French doors overlooking fenced in backyard with a huge deck 21 X 15 and Attached 2 car garage.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2014
Closed on
May 24, 2014
Sold by
Baker Jeffrey and Hogan Michelle
Bought by
Stege Katherine D
Seller's Agent
Beth Rose
Village Realty, Inc.
Buyer's Agent
Marie Desmet
Coldwell Banker Real Estate Group
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Current Estimated Value
$341,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,681
Avg. Annual Appreciation
6.51%
Original Mortgage
$150,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2002
Sold by
Baker Jeffrey A
Bought by
Baker Jeffrey A and Baker Michelle C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
7.14%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 24, 1998
Sold by
Baker Jeffrey A and Baker Beth A
Bought by
Baker Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,900
Interest Rate
7.09%

Purchase Details

Closed on
Jul 15, 1994
Sold by
Pacini James E
Bought by
Baker Jeffrey A and Baker Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,600
Interest Rate
8.6%
Mortgage Type
FHA
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
Stege Katherine D $165,000 North American Title Co
Baker Jeffrey A -- --
Baker Jeffrey A -- --
Baker Jeffrey A $125,000 Intercounty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stege Katherine D $136,000
Closed Stege Katherine D $150,000
Previous Owner Baker Jeffrey A $20,000
Previous Owner Baker Jeffrey A $129,500
Previous Owner Baker Jeffrey A $141,000
Previous Owner Baker Jeffrey A $142,400
Previous Owner Baker Jeffrey A $36,000
Previous Owner Baker Jeffrey A $126,900
Previous Owner Baker Jeffrey A $123,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Rented $1,500 0.0% --
08/15/2017 08/15/17 For Rent $1,500 0.0% --
10/25/2016 10/25/16 Rented $1,500 0.0% --
10/03/2016 10/03/16 For Rent $1,500 0.0% --
06/05/2014 06/05/14 Sold $165,000 -2.9% $95 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $169,900 -- $98 / Sq Ft

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 $6,948 $80,708 $18,771 $61,937
2022 $6,164 $73,511 $17,097 $56,414
2021 $5,767 $68,773 $15,995 $52,778
2020 $5,672 $66,835 $15,544 $51,291
2019 $5,478 $65,046 $15,128 $49,918
2018 $5,271 $63,176 $14,693 $48,483
2017 $5,156 $61,701 $14,350 $47,351
2016 $4,990 $59,586 $13,858 $45,728
2015 $4,666 $57,488 $13,370 $44,118
2014 $4,666 $57,088 $13,277 $43,811
2013 $4,666 $57,828 $13,449 $44,379
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Catherine O'Shea

    O'Shea Realty, LLC

    (708) 828-2038

    23 Total Sales

    Catherine O'Shea
    Section Image

  • D

    Buyer's Agent in 2016

    Daniel Boseo

    Jones Real Estate

  • Beth Rose

    Seller's Agent in 2014

    Beth Rose

    Village Realty, Inc.

    (708) 502-5990

    3 in this area

    152 Total Sales

    Beth Rose
    Section Image
  • Marie Desmet

    Buyer's Agent in 2014

    Marie Desmet

    Coldwell Banker Real Estate Group

    (815) 791-2914

    Section Image
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Map

Illinois Will County Frankfort 60423 Frankfort Square

8038 W Magnolia Dr, Frankfort, IL

This home is located at 8038 W Magnolia Dr, Frankfort, IL 60423 and is currently estimated at $341,681, approximately $197 per square foot. 8038 W Magnolia Dr is a home located in Will County with nearby schools including Frankfort Square Elementary School, Walker Intermediate School, and Summit Hill Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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