NOT LISTED FOR SALE

8264 W Dralle Rd Frankfort, IL 60423

Estimated Value: $146,000 - $809,000

2.5 Acres
$191,000 Price per Acre
108,900 Sq Ft Lot

Last Sold May 16, 2022

Last sale price $115,000

Est. 23% increase in value since last sale

Current estimated payment $909/month

10 Days on Market

About This Lot

As of May 2022

Excellent opportunity to purchase this fabulous 2.5 acre (approx) squared off lot in excellent Green Garden Township! Close to services, shopping and expressways while still being in a country settling. In area of Estate homes but with no subdivision restrictions or convents. Utilities at the street. THE LOT NEXT DOOR (8324 DRALLE) ALSO FOR SALE. Contact the Broker for more details! Hurry!

Last Agent to Sell the Property

James Murphy

Murphy Real Estate Group License #471006516 Listed on: 04/09/2022

Co-Listed By

Jerry Huguelet

Murphy Real Estate Group License #475093489

Last Buyer's Agent

Patti Besler

Caliber Realty Solutions License #471009887

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,308

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 264.4x381.9x263x381.7
  • Property fronts a county road
  • Property is zoned SINGL

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$1,308

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: County Road
  • List Price: 119000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric Nearby, Gas Nearby

Schools

  • Middle/Junior School District: 207U

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.5
  • Lot Dimensions: 264.4X381.9X263X381.7
  • Zoning: SINGL
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N
  • Total Listed Lots Avail: 2

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1308.06
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 16, 2022
Sold by
Chicago Title Land Trust Company
Bought by
Armistead Craig R and Armistead Kimberly C
Seller's Agent
James Murphy
Murphy Real Estate Group
Buyer's Agent
Patti Besler
Caliber Realty Solutions
List Price
$119,000
Sold Price
$115,000
Premium/Discount to List
-$4,000
-3.36%
Current Estimated Value
$141,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,000
Avg. Annual Appreciation
5.28%

Purchase Details

Closed on
Mar 18, 1997
Sold by
South Holland Trust & Svgs Bank
Bought by
South Holland Trust & Svgs Bank and Trust #1382
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Armistead Craig R $115,000 None Listed On Document
South Holland Trust & Svgs Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armistead Craig R $200,000
Closed Armistead Craig R $706,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $115,000 -3.4% --
04/20/2022 04/20/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $119,000 -- --
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 $15,754 $36,329 $36,329 $0
2022 $1,350 $22,691 $22,691 $0
2021 $1,350 $21,108 $21,108 $0
2020 $1,308 $20,648 $20,648 $0
2019 $1,363 $20,363 $20,363 $0
2018 $1,433 $19,964 $19,964 $0
2017 $1,405 $19,468 $19,468 $0
2016 $1,414 $19,468 $19,468 $0
2015 $1,330 $18,901 $18,901 $0
2014 $1,330 $18,530 $18,530 $0
2013 $1,330 $18,530 $18,530 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11371021

Midwest Real Estate Data (MRED)

APN: 18-13-11-400-022