Seller's Agent in 2020
Judy Panozzo
Real People Realty
(708) 955-5615
2 in this area
75 Total Sales
855 Basswood Ln Frankfort, IL 60423
North Frankfort NeighborhoodEstimated Value: $722,000 - $1,148,000
5
Beds
4
Baths
3,941
Sq Ft
$249/Sq Ft
Est. Value
Highlights
- Home Theater
- Landscaped Professionally
- Vaulted Ceiling
- Chelsea Intermediate School Rated A
- Mature Trees
- Wood Flooring
About This Home
As of December 2020Fabulous home looking for its new owner. Conveniently located in town and at the end of a small cul de sac in the gated community of New Frankfort Settlement. Looking for all the bells and whistles? This one has them! Beautiful brick and stone home shows true pride of ownership and has all the desired features: great curb appeal with professional landscaping and paver walkways & patios, custom arched entry door into a two-story foyer, handcrafted millwork, lovely spiral staircase, five bedrooms (including the main level master suite with a sitting room complete with fireplace and 5 piece master bath - whirlpool, separate shower, dual vanities), formal living room with columns and coffered ceiling, formal fireplace and egress to the rear patio. The main level also features the gourmet kitchen (all stainless appliances) with island (granite countertops), walk-in pantry and dinette overlooking the rear yard, family room with a fireplace plus the "Florida" room with double entries to the rear patios. Lookout lower level has over 2000 asq finished space with an oversized family room/game room with fireplace. Don't forget the media room, a private 5th bedroom, and the full bath. The upper level features three generous bedrooms, one with an extra tandem space and a full bath with dual sinks. Picturesque rear yard with paver patios/walkways. This home also boasts a three-car garage, whole house gas generator, central vacuum, sprinkler system. Over 6000asq of finished space - home has almost 4000 asq on the 1st and 2nd levels plus over 2000 asq of finished space on the lower level. This home is truly ready for you to move right in.
Last Agent to Sell the Property
Real People Realty License #471005536 Listed on: 09/01/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,290
Year Built
- 2003
Lot Details
- Cul-De-Sac
- East or West Exposure
- Landscaped Professionally
- Irregular Lot
- Mature Trees
HOA Fees
- $150 per month
Parking
- Attached Garage
- Garage Door Opener
- Side Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Mediterranean Architecture
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Stone Siding
Interior Spaces
- Vaulted Ceiling
- Skylights
- Heatilator
- Includes Fireplace Accessories
- Attached Fireplace Door
- See Through Fireplace
- Gas Log Fireplace
- Entrance Foyer
- Family Room Downstairs
- Sitting Room
- Home Theater
- Sun or Florida Room
- Storage Room
- Laundry on main level
- Tandem Room
- Wood Flooring
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Built-In Oven
- Cooktop with Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- Main Floor Bedroom
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Brick Porch or Patio
Utilities
- Forced Air Heating and Cooling System
- Two Heating Systems
- Heating System Uses Gas
- Water Softener is Owned
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2020
Closed on
Dec 3, 2020
Sold by
Reddy Colette G and Srinivas P Reddy Living Trust
Bought by
Perez Carlos A
Seller's Agent
Judy Panozzo
Real People Realty
Buyer's Agent
Dana Wick
RE/MAX 1st Service
List Price
$709,900
Sold Price
$675,000
Premium/Discount to List
-$34,900
-4.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,754
Avg. Annual Appreciation
8.18%
Original Mortgage
$506,250
Outstanding Balance
$450,065
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$532,689
Purchase Details
Closed on
Jul 18, 2019
Sold by
Reddy Srinivas and Srinivas P Reddy Living Trust
Bought by
Reddy Srinivas P and Srinivas P Reddy Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,000
Interest Rate
3.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jul 13, 2018
Closed on
Oct 19, 2018
Sold by
Dubie Raymond A and Dubie Anna M
Bought by
Reddy Srinivas and The Srinivas P Reddy Living Trust
Seller's Agent
James Murphy
Murphy Real Estate Group
Buyer's Agent
June Gill
Murphy Real Estate Group
List Price
$739,000
Sold Price
$700,000
Premium/Discount to List
-$39,000
-5.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$560,000
Interest Rate
4.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 3, 2012
Sold by
Dubie Raymond A and Dubie Ann M
Bought by
Dubie Raymond A and Dubie Ann M
Purchase Details
Closed on
Dec 18, 2003
Sold by
State Bank Of Countryside
Bought by
Dubie Raymond A and Dubie Ann M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,797
Interest Rate
5.91%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 15, 2003
Sold by
Dubie Raymond A and Dubie Ann M
Bought by
State Bank Of Countryside and Trust #03-2555
Purchase Details
Closed on
Feb 18, 2002
Sold by
State Bank Of Countryside
Bought by
Dubie Raymond A and Dubie Ann M
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perez Carlos A | $675,000 | Chicago Title | |
| Reddy Srinivas P | -- | None Available | |
| Reddy Srinivas | $700,000 | Citywide Title Corp | |
| Dubie Raymond A | -- | None Available | |
| Dubie Raymond A | -- | First American Title | |
| State Bank Of Countryside | -- | -- | |
| Dubie Raymond A | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perez Carlos A | $506,250 | |
| Previous Owner | Reddy Srinivas P | $551,000 | |
| Previous Owner | Reddy Srinivas | $560,000 | |
| Previous Owner | Dubie Raymond A | $306,220 | |
| Previous Owner | Dubie Raymond A | $346,962 | |
| Previous Owner | Dubie Raymond A | $17,195 | |
| Previous Owner | Dubie Raymond A | $34,000 | |
| Previous Owner | Dubie Ann M | $367,000 | |
| Previous Owner | Dubie Raymond A | $32,030 | |
| Previous Owner | Dubie Raymond A | $13,051 | |
| Previous Owner | Dubie Raymond A | $75,000 | |
| Previous Owner | Dubie Raymond A | $18,797 | |
| Previous Owner | Dubie Raymond A | $395,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/07/2020 12/07/20 | Sold | $675,000 | -3.6% | $171 / Sq Ft |
| 11/13/2020 11/13/20 | Pending | -- | -- | -- |
| 11/04/2020 11/04/20 | Price Changed | $699,900 | -1.4% | $178 / Sq Ft |
| 10/17/2020 10/17/20 | For Sale | $709,900 | 0.0% | $180 / Sq Ft |
| 10/11/2020 10/11/20 | Pending | -- | -- | -- |
| 09/01/2020 09/01/20 | For Sale | $709,900 | +1.4% | $180 / Sq Ft |
| 11/01/2018 11/01/18 | Sold | $700,000 | -5.3% | $104 / Sq Ft |
| 09/24/2018 09/24/18 | Pending | -- | -- | -- |
| 07/13/2018 07/13/18 | For Sale | $739,000 | -- | $110 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $27,290 | $336,542 | $72,102 | $264,440 |
| 2023 | $27,290 | $300,564 | $64,394 | $236,170 |
| 2022 | $23,817 | $273,763 | $58,652 | $215,111 |
| 2021 | $22,476 | $256,116 | $54,871 | $201,245 |
| 2020 | $21,978 | $248,898 | $53,325 | $195,573 |
| 2019 | $21,298 | $242,237 | $51,898 | $190,339 |
| 2018 | $20,912 | $235,273 | $50,406 | $184,867 |
| 2017 | $20,894 | $229,781 | $49,229 | $180,552 |
| 2016 | $20,421 | $221,903 | $47,541 | $174,362 |
| 2015 | $19,872 | $214,089 | $45,867 | $168,222 |
| 2014 | $19,872 | $212,601 | $45,548 | $167,053 |
| 2013 | $19,872 | $215,358 | $46,139 | $169,219 |
Source: Public Records
Agents Affiliated with this Home
-
Judy Panozzo
-
Dana Wick
Buyer's Agent in 2020
Dana Wick
RE/MAX
(708) 645-8500
3 in this area
131 Total Sales
-
James Murphy
Seller's Agent in 2018
James Murphy
Murphy Real Estate Group
(815) 464-1110
54 in this area
238 Total Sales
-
June Gill
J
Buyer's Agent in 2018
June Gill
Murphy Real Estate Group
(708) 359-6119
8 in this area
38 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10842666
APN: 19-09-17-476-020
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