NOT LISTED FOR SALE

8527 W Dralle Rd Frankfort, IL 60423

Estimated Value: $606,027 - $633,000

4 Beds
2 Baths
2,200 Sq Ft
$281/Sq Ft Est. Value

Last Sold February 01, 2017

Last sale price $409,900 $186 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,217/month

269 Days on Market

Highlights

  • Lake Front
  • Deck
  • Farmhouse Style Home
  • Horses Allowed On Property
  • Pond
  • Heated Sun or Florida Room

About This Home

As of February 2017

Country home with horse barn on 6.91 acres. Secluded, yet close to city conveniences. A classic 2-story nestled in a park-like setting with spectacular views of surrounding farmland. Established horse property, fully operational stable, with heated 15-stall barn, tack room and bathroom, 60x70 indoor riding arena, outdoor riding arena with lights, 2 fenced grass pastures, numerous dry-lots, lean-to and turn-outs. Barn has updated electric, natural gas and water service. Home features a large eat-in kitchen, fresh paint, 6 panel doors, French doors, tons of windows for natural light, new laminate flooring, full dry basement, whole house generator, leaf-guard gutters and sunroom with heated floor. Located on a quiet road, 5 miles to I-57, 4 miles to downtown Frankfort and approx. 45 minutes to downtown Chicago.

Last Agent to Sell the Property

Dan McCarthy

McCarthy & Associates License #471007008 Listed on: 04/01/2016

Last Buyer's Agent

Dan McCarthy

McCarthy & Associates License #471007008 Listed on: 04/01/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,191

Year Built

  • 1972

Lot Details

  • Lake Front
  • Southern Exposure
  • East or West Exposure

Parking

  • Detached Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Farmhouse Style Home
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Home Office
  • Heated Sun or Florida Room
  • Laminate Flooring
  • Partially Finished Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Pond
  • Deck
  • Patio

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,191

Year Built

1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Interstate Access
  • Recent Rehab: Yes
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Farmhouse
  • Type Detached: 2 Stories
  • Estimated Year Built: 1972
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Interior Property Features: Wood Laminate Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 18X15, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Humidifier, Water-Softener Owned, Ceiling Fan, Fan-Whole House, Sump Pump, Power Generator
  • Attic: Unfinished
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 11X13, On Level: Basement
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Kitchen Type: Dimensions: 14X21, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Office, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 16X15, On Level: 2nd Level, Flooring: Wood Laminate, Windows: None
  • Additional Room 1 Name: Sun/Florida Room Heated, Dimensions: 21X16, On Level: Main Level, Flooring: Other, Windows: None
  • Additional Room 2 Name: Office, Dimensions: 13X7, On Level: 2nd Level, Flooring: Wood Laminate, Windows: None
  • Bedroom 2: Dimensions: 19X11, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 4: Dimensions: 13X11, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Estimated Sq Ft: 2200
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Flooring: Wood Laminate, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: 6.0-7.99 Acres
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Deck, Patio
  • Exposure: N (North), S (South), E (East), Lake/Water
  • Acreage: 6.91

Garage/Parking

  • Number of Cars: 6
  • Parking: Garage, Space/s
  • Parking Details: Off Street
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Gravel
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas

Schools

  • School District: 207U
  • Elementary School: GREEN GARDEN ELEMENTARY SCHOOL
  • Middle School: PEOTONE JUNIOR HIGH SCHOOL
  • High School: PEOTONE HIGH SCHOOL
  • Junior High Dist: 207U
  • Elementary School #2: CONNOR SHAW CENTER

Lot Info

  • Lot Dimensions: 230X1326
  • Lot Description: Horses Allowed, Paddock, Pond
  • Parcel Identification Number: 1813141000080000

Tax Info

  • Taxes: 9152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Feb 1, 2017
Sold by
Franzen Paul A and Franzen Kelly
Bought by
Rosa Anthony and Rosa Anthony
Seller's Agent
Dan McCarthy
McCarthy & Associates
Buyer's Agent
Dan McCarthy
McCarthy & Associates
List Price
$399,900
Sold Price
$409,900
Premium/Discount to List
$10,000
2.5%
Current Estimated Value
$619,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,357
Avg. Annual Appreciation
4.70%
Original Mortgage
$372,099
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2016
Sold by
Dralle88 Llc
Bought by
Tricou John C and John C Tricou Trust

Purchase Details

Closed on
Oct 29, 2003
Sold by
Meyer Rodney M and Meyer Heidi
Bought by
Franzen Paul A and Franzen Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 1998
Sold by
Lawler Richard and Lawler Phyllis
Bought by
Meyer Rodney M and Meyer Heidi
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
Rosa Anthony $409,900 Attorneys Title Guaranty Fun
Tricou John C -- First American Title Ins Co
Franzen Paul A $336,000 --
Meyer Rodney M $303,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosa Anthony $372,099
Previous Owner Franzen Paul A $339,845
Previous Owner Franzen Paul A $45,000
Previous Owner Franzen Paul A $335,000
Previous Owner Meyer Rodney M $303,844
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2017 02/01/17 Sold $409,900 +2.5% $186 / Sq Ft
12/26/2016 12/26/16 Pending -- -- --
12/16/2016 12/16/16 For Sale $399,900 0.0% $182 / Sq Ft
10/08/2016 10/08/16 Pending -- -- --
06/23/2016 06/23/16 Price Changed $399,900 -2.2% $182 / Sq Ft
05/06/2016 05/06/16 Price Changed $408,900 -0.2% $186 / Sq Ft
04/01/2016 04/01/16 For Sale $409,900 -- $186 / 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 $10,191 $178,498 $41,600 $136,898
2022 $9,185 $161,653 $37,674 $123,979
2021 $8,864 $150,375 $35,046 $115,329
2020 $8,849 $147,095 $34,282 $112,813
2019 $9,200 $145,064 $33,809 $111,255
2018 $9,660 $142,220 $33,146 $109,074
2017 $9,450 $138,684 $32,322 $106,362
2016 $9,501 $138,684 $32,322 $106,362
2015 $9,152 $134,645 $31,381 $103,264
2014 $9,152 $132,005 $30,766 $101,239
2013 $9,152 $132,005 $30,766 $101,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09182407

Midwest Real Estate Data (MRED)

APN: 18-13-14-100-008