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22653 Lilly Pad Lane

22653 Lilly Pad Lane, Frankfort, IL 60423
Property in Frankfort
Sold Dec 11, 2023
$650,000
$520,000 by Wintrust Mortgage
Mortgage Due Jan 01, 2054
Sold Jul 01, 2019
$504,000
$478,800 by The Federal Savings Bank
Mortgage Due Jul 01, 2049
Local assessors in Frankfort, IL have categorized 22653 Lilly Pad Lane as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 27,878,400 square feet. The linear feet between the front and back of the lot was measured at 1,800 ft and the front of the lot was measured at 1,100 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 8 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 22653 Lilly Pad Lane has a total of 4,629 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,186 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 4 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B+. The building has a gable or hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 5, 2023 for $650,000. That's $140.42 per sqft. Prior to that sales transaction, the property was also sold in Jun 6, 2019 for $504,000. 22653 Lilly Pad Lane was last assessed in 2022. The total value of the property was assessed at $188,842. Specifically, the land the property is located on was valued at $13,452. While improvements on the property were assessed at a total of $175,390. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $15,517. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 10
  • Bedroom Count: 8
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,186
  • Garage Type: Attached
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 27,878,400
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 4,629
  • Building Area: 4,629
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 4,629
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TIMBERS EDGE
  • Land Acres: 640
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 119 IN TIMBERS EDGE PHASE TWO, BEING A SUB OF PRT OF THE N1/2 OF THE S1/2 OF 640 ACRES RESERVED FOR THE CHILDREN OF JOSEP

Ownership

  • Current Owner : BADER HOSAM H
  • Current Owner 2: BADER RAIDA A
  • Previous Owner : KENNETH J BOUDREAU LIVING TRUST
  • Owner Before Previous Owner: KIES BEVERLY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Frankfort Community Consolidated School District 157C
  • Census Tract: 883505

Geography

  • Subdivision Phase Number: 2
  • Parcel: 19-09-36-204-019
  • Lot: 119
  • Meridian: SEC 36 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.4791
  • Longitude: -87.7957

    Address

  • Full Address: 22653 Lilly Pad Ln
  • Address - House Number: 22653
  • Address - Street Name: Lilly Pad
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Frankfort
  • Carrier Code: R016
  • 4-Digit Zip Code: 5120
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,517
  • Tax Rate Code Area: 1906

    Appraisal Valuation

  • Standard Deviation: 0.0867
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 92
  • Final Value: 780,199
  • High Value: 847,903
  • Low Value: 712,496

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $520,000
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 11, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $520,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $566,526
  • Market Land Value: $40,356
  • Market Improvement Value: $526,170

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $188,842
  • Assessed Land Value: $13,452
  • Assessed Improvements Value: $175,390

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 05, 2023
  • Current Sale Recording Date: Dec 11, 2023
  • Current Sale Transaction ID: 11917868012
  • Current Sale Price: $650,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 64500
  • Previous Sale Recording Date: Jul 01, 2019
  • Previous Sale Contract Date: Jun 06, 2019
  • Previous Sale Amount: $504,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Dec 11, 2023
  • First Mortgage Loan Amount: $520,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: THE FEDERAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Jul 01, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $478,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2049

About Frankfort



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 22653 Lilly Pad Lane located in?
The 22653 Lilly Pad Lane is a located in the neighborhood of Frankfort in Frankfort, Frankfort.
What is the average sales price for listings in 22653 Lilly Pad Lane?
The average sales price for units in 22653 Lilly Pad Lane is $0 currently.

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