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109 Forest Park

109 Forest Park, Chatham, IL 62629
Property in Chatham
Sold Apr 13, 2020
$185,000
$181,623 by Town And Country Bank
Mortgage Due May 01, 2050
Sold Jun 01, 2012
$160,000
109 Forest Park has been categorized by the local assessors in Chatham, IL as a residential type of property. The area measurement of the land has been determined as 11,532 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page 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, 109 Forest Park was last sold in Mar 17, 2020 for $185,000. Prior to that sales transaction, the property was sold for $160,000 in May 30, 2012. Current property owners are expected to pay $4,285 in taxes per year. The property on 109 Forest Park was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $61,820. To break that down further, the land itself was valued at $10,997. While improvements to the property were assessed at a total of $50,823. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 11,532
  • 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: PARKVIEW ESTATES
  • Land Acres: 0.264
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 43 PARKVIEW ESTATES 1ST ADDN

Ownership

  • Current Owner : SPETH HEATHER NICOLE
  • Previous Owner : ROMANEK GREG M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ball-Chatham Community Unit School District 5
  • Census Tract: 003203

Geography

  • Account Number: 28130299006 (CHECK DIGIT = 8)
  • District: 09
  • Parcel: 28-13.0-299-006
  • Municipality: CHATHAM
  • Latitude: 39.6622
  • Longitude: -89.7055

    Address

  • Full Address: 109 Forest Park
  • Address - House Number: 109
  • Address - Street Name: Forest
  • Address - Suffix Type: Park
  • State: IL
  • City Name: Chatham
  • Carrier Code: R003
  • 4-Digit Zip Code: 9783
  • Zip Code: 62629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,285
  • Tax Rate Code Area: H01

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 77
  • Final Value: 242,875
  • High Value: 285,644
  • Low Value: 200,106

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,623
  • First Open Lien Mortgage Lender: TOWN AND COUNTRY BANK
  • First Open Lien Mortgage Recording Date: Apr 13, 2020
  • First Open Lien Mortgage Loan Amount: $181,623
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $185,460
  • Market Land Value: $32,991
  • Market Improvement Value: $152,469

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,820
  • Assessed Land Value: $10,997
  • Assessed Improvements Value: $50,823

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 17, 2020
  • Current Sale Recording Date: Apr 13, 2020
  • Current Sale Transaction ID: 11755309493
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7614
  • Previous Sale Recording Date: Jun 01, 2012
  • Previous Sale Contract Date: May 30, 2012
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWN AND COUNTRY BANK
  • First Mortgage Transaction Date: Apr 13, 2020
  • First Mortgage Loan Amount: $181,623
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

About Chatham



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Frequently Asked Questions

What neighborhood is 109 Forest Park located in?
The 109 Forest Park is a located in the neighborhood of Chatham in Chatham, Chatham.
What is the average sales price for listings in 109 Forest Park?
The average sales price for units in 109 Forest Park is $0 currently.

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