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Frankfort 60423
21961 Pembrook Drive
$434,000
● House - Off Market

21961 Pembrook Drive

Frankfort, IL 60423
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,800 Ft²
$488,022
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

One of the largest kitchens in this popular Heritage Knolls beauty!  Warm inviting classic two story sitting in a cul de sac with views of the park. Freshly painted and floors refinished, this open and bright home has room for the whole family. Oversized kitchen with stainless appliances and large center island, formal dining room and living room with fireplace, spacious family room and main floor office all fit  with today's lifestyle of working/schooling from home.  The master suite boasts an en suite bath and large walk-in closet plus access to attic storage.  Bring your ideas for the open basement! Access to bike bath and close to all that Frankfort has to offer.  Call Today!
Unit Size
2,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$154
Property Type
House
Property Taxes
$777
HOA Dues
-
Year Built
1998

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11186432)

Price History

Date / Event Date Event Price
Sep 15, 2021 Sold
Premium
Sold
Aug 11, 2021 Listed by RE/MAX 10 $429,900
Listed by RE/MAX 10

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 546
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,856
  • Total Building Area: 2,736
  • Building Area: 2,736
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 2,736
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERITAGE KNOLLS UNIT 5
  • Land Acres: 0000000550
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 39 IN HERITAGE KNOLLS UNIT 5, BEING A SUB OF PRT OF THE S1/2 OF SEC. 29, T35N-R12E.

Neighborhood

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

Geography

  • Parcel: 19-09-29-303-027
  • Lot: 39
  • Meridian: SEC 29 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.4906
  • Longitude: -87.8805

    Address

  • Full Address: 21961 Pembrook Dr
  • Legal Unit: 5
  • Address - House Number: 21961
  • Address - Street Name: Pembrook
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Frankfort
  • Carrier Code: R012
  • 4-Digit Zip Code: 8099
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,014,262
  • Tax Rate Code Area: 1906

    Appraisal Valuation

  • Standard Deviation: 0.1581
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 502,058
  • High Value: 581,435
  • Low Value: 422,681

    Market Valuation

  • Market Total Value: $376,536
  • Market Land Value: $84,480
  • Market Improvement Value: $292,056

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $125,512
  • Assessed Land Value: $28,160
  • Assessed Improvements Value: $97,352

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021107309
  • Previous Sale Recording Date: Sep 16, 2009
  • Previous Sale Contract Date: Sep 03, 2009
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Frankfort

Stats & Trends

Median Asking:

$662,450

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3312 ft²

Average Home Age

30.2 years

Currently For Sale

61 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 59 Old Frankfort Way, Frankfort, IL, 60423

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,614 ft²
59 Old Frankfort Way #213, Frankfort, IL, 60423 Listing by Megan Tempinski

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Peggy Alexa, RE/MAX 10
Last Updated: 3 years ago
Data Source: MRED, MLS# 11186432
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 21961 Pembrook Drive built and last sold?
The property at 21961 Pembrook Drive was built in 1998 and last sold on Sep 29, 2021 for $434,000.
How much is this home worth?
The estimated value of the home located at 21961 Pembrook Drive is $0.
What are some comparable homes to 21961 Pembrook Drive?
There are currently no comparable homes to 21961 Pembrook Drive.
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