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11548 Zermatt Drive

11548 Zermatt Drive, Frankfort, IL 60423
Property in Frankfort
Sold Aug 04, 2021
$1,074,000
$912,900 by First Midwest Bank
Mortgage Due Aug 01, 2051
Sold Apr 06, 2018
$408,000
$360,000 by First Bank Of Manhattan
Mortgage Due Mar 30, 2020
Local assessors in Frankfort, IL have categorized 11548 Zermatt Drive as a residential type of property. The property's lot size has been calculated to be 22,042 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11548 Zermatt Drive was last sold in Jul 23, 2021 for $1,074,000. Prior to that sales transaction, the property was sold for $408,000 in Mar 30, 2018. Current property owners are expected to pay $29,873 in taxes per year. The property on 11548 Zermatt Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $382,667. To break that down further, the land itself was valued at $36,343. While improvements to the property were assessed at a total of $346,324. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,042
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLDE STONE VILLAGE
  • Land Acres: 0.51
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 94 IN OLDE STONE VILLAGE, BEING A SUB OF PRT OF THE SE1/4 OF SEC. 31, T35N-R12E.

Ownership

  • Current Owner : SMITH KIMBERLY A
  • Current Owner 2: SMITH ALLEN J
  • Previous Owner : FIRST BANK OF MANGATTAN
  • Owner Before Previous Owner: BLUE OLDE STONE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Frankfort Community Consolidated School District 157C
  • Census Tract: 883516

Geography

  • Parcel: 19-09-31-403-005
  • Lot: 94
  • Meridian: SEC 31 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.4729
  • Longitude: -87.8955

    Address

  • Full Address: 11548 Zermatt Dr
  • Address - House Number: 11548
  • Address - Street Name: Zermatt
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Frankfort
  • Carrier Code: R017
  • 4-Digit Zip Code: 8251
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,873
  • Tax Rate Code Area: 1906

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $912,900
  • First Open Lien Mortgage Lender: FIRST MIDWEST BANK
  • First Open Lien Mortgage Recording Date: Aug 04, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $912,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $1,148,001
  • Market Land Value: $109,029
  • Market Improvement Value: $1,038,972

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $382,667
  • Assessed Land Value: $36,343
  • Assessed Improvements Value: $346,324

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Aug 04, 2021
  • Current Sale Transaction ID: 11846386032
  • Current Sale Price: $1,074,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2021085559
  • Previous Sale Recording Date: Apr 06, 2018
  • Previous Sale Contract Date: Mar 30, 2018
  • Previous Sale Amount: $408,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MIDWEST BANK
  • First Mortgage Transaction Date: Aug 04, 2021
  • First Mortgage Loan Amount: $912,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK OF MANHATTAN
  • Previous Mortgage Transaction Date: Apr 06, 2018
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $360,000
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Mar 30, 2020

About Frankfort



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Frequently Asked Questions

What neighborhood is 11548 Zermatt Drive located in?
The 11548 Zermatt Drive is a located in the neighborhood of Frankfort in Frankfort, Frankfort.
What is the average sales price for listings in 11548 Zermatt Drive?
The average sales price for units in 11548 Zermatt Drive is $0 currently.

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