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1470 Burr Oak Road

1470 Burr Oak Road, Homewood, IL 60430
Property in Thornton
Sold Aug 27, 1998
$116,500
$93,200 by Serve Corps Mtg Corp
Mortgage Due Sep 01, 2028
Local assessors in Homewood, IL have categorized 1470 Burr Oak Road as a residential type of property. The home was built in 1922 and is 102 years old. The property's lot size has been calculated to be 13,452 square feet. The linear feet between the front and back of the lot was measured at 3,530 ft and the front of the lot was measured at 380 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 1470 Burr Oak Road has a total of 864 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 frame 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 - C. The building has a roof that is made of asphalt. Lots of wood 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 heating system is the primary heating source. The property was last sold in Aug 18, 1998 for $116,500. That's $134.84 per sqft. 1470 Burr Oak Road was last assessed in 2023. The total value of the property was assessed at $19,000. Specifically, the land the property is located on was valued at $5,381. While improvements on the property were assessed at a total of $13,619. 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 $4,480. 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: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,452
  • Lot Size Depth Feet: 3,530
  • Lot Size Frontage Feet: 380
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROBERTSON & YOUNGS FOURTH
  • Land Acres: 0.309
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ROBERTSON) & (YOUNGS)(FOURTH) ADD TO HOMEWOOD SUB OF THAT PT N OF HOMEWOOD & THORNTON RD IN PT SW SEC 32-36-14

Ownership

  • Current Owner : MEYERS BRIAN A
  • Current Owner 2: MORRIS TAMARA J
  • Previous Owner : BURKE PATRICK H
  • Previous Owner 2: BURKE SANDRA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 828402

Geography

  • District: 37
  • Parcel: 29-32-300-007-0000
  • Lot: 51
  • Meridian: SEC 32 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5638
  • Longitude: -87.6533

    Address

  • Full Address: 1470 Burr Oak Rd
  • Address - House Number: 1470
  • Address - Street Name: Burr Oak
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Homewood
  • Carrier Code: C019
  • 4-Digit Zip Code: 1841
  • Zip Code: 60430

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,480
  • Tax Rate Code Area: 37069

    Appraisal Valuation

  • Standard Deviation: 0.2599
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 207,420
  • High Value: 261,346
  • Low Value: 153,493

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $93,200
  • First Open Lien Mortgage Lender: SERVE CORPS MTG CORP
  • First Open Lien Mortgage Recording Date: Aug 27, 1998
  • First Open Lien Mortgage Loan Amount: $93,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2028

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $53,810
  • Market Improvement Value: $136,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $5,381
  • Assessed Improvements Value: $13,619

    Sales

  • Current Sale Contract Date: Aug 18, 1998
  • Current Sale Recording Date: Aug 27, 1998
  • Current Sale Transaction ID: 1042652303
  • Current Sale Price: $116,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 98767452

    Last Sale Mortgage

  • First Mortgage Lender: SERVE CORPS MTG CORP
  • First Mortgage Transaction Date: Aug 27, 1998
  • First Mortgage Loan Amount: $93,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2028

About Homewood



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Unit for rent at 16780 Head Avenue, Hazel Crest, IL, 60429

$1,650 /mo

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Frequently Asked Questions

What neighborhood is 1470 Burr Oak Road located in?
The 1470 Burr Oak Road is a located in the neighborhood of Thornton in Homewood, Homewood.
What is the average sales price for listings in 1470 Burr Oak Road?
The average sales price for units in 1470 Burr Oak Road is $0 currently.

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