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12116 Forestview Drive

12116 Forestview Drive, Orland Park, IL 60467
Property in Homer
Sold Apr 07, 1994
$166,666
$110,000 by Security Federal Bank
Mortgage Due Apr 01, 2024
12116 Forestview Drive in Orland Park, IL was first built in 1979 and is 45 years old. This has been categorized as a residential property type. There are a total of 2 floors. 12116 Forestview Drive has 2,535 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,691 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 455 sqft. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. The property was last sold in Mar 28, 1994 for $166,666. That's $50.46 per sqft. 12116 Forestview Drive was last assessed in 2022. The total value of the property was assessed at $108,605. Specifically, the land the property is located on was valued at $18,110. While improvements on the property were assessed at a total of $90,495. 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 $7,994. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 768
  • Garage Type: Garage
  • Garage Square Area: 455
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,691
  • Total Building Area: 3,303
  • Building Area: 2,535
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,535
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SYLVAN HILL UNIT #1
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 BLOCK 3 IN SYLVAN HILL UNIT 1, BEING A SUB OF PRT OF THE E1/2 OF THE NE1/4 OF SEC. 1, T36N-R11E.

Ownership

  • Current Owner : MARTIN ROBERT
  • Current Owner 2: PREUSSE MARTIN DEBRA A
  • Previous Owner : COOPER CLAYTON L
  • Previous Owner 2: COOPER MARY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 881006

Geography

  • Parcel: 16-05-01-205-008
  • Block: 3
  • Lot: 4
  • Meridian: SEC 01 TWN 36N RNG 11E
  • Municipality: HOMER
  • Latitude: 41.641
  • Longitude: -87.915

    Address

  • Full Address: 12116 Forestview Dr
  • Legal Unit: 1
  • Address - House Number: 12116
  • Address - Street Name: Forestview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Orland Park
  • Carrier Code: R003
  • 4-Digit Zip Code: 1002
  • Zip Code: 60467

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,994
  • Tax Rate Code Area: 1632

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 447,542
  • High Value: 511,079
  • Low Value: 384,005

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: SECURITY FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Apr 07, 1994
  • First Open Lien Mortgage Loan Amount: $110,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2024
  • Second Open Lien Mortgage Lender: FIRST MIDWEST BANK
  • Second Open Lien Mortgage Recording Date: Apr 15, 2015
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 31, 2045

    Market Valuation

  • Market Total Value: $325,815
  • Market Land Value: $54,330
  • Market Improvement Value: $271,485

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $108,605
  • Assessed Land Value: $18,110
  • Assessed Improvements Value: $90,495

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 28, 1994
  • Current Sale Recording Date: Apr 07, 1994
  • Current Sale Transaction ID: 1179067721
  • Current Sale Price: $166,666
  • Current Sale Document Type: Joint Tenancy Deed
  • Current Sale Input Document Number: R94-036912

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY FEDERAL BANK
  • First Mortgage Transaction Date: Apr 07, 1994
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2024

About Homer Glen



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Nearby Rentals

Unit for rent at 11920 Somerset Road, Orland Park, Il, 60467, Orland Park, IL, 60467

$2,990 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,900 ft²
11920 Somerset Road, Orland Park, Il, 60467, Orland Park, IL, 60467 Listing by Manager

Frequently Asked Questions

What neighborhood is 12116 Forestview Drive located in?
The 12116 Forestview Drive is a located in the neighborhood of Homer in Homer Glen, Orland Park.
What is the average sales price for listings in 12116 Forestview Drive?
The average sales price for units in 12116 Forestview Drive is $0 currently.

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