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14700 Hollow Tree Road

14700 Hollow Tree Road, Orland Park, IL 60462
Multifamily in Orland
Sold Nov 25, 2022
$640,000
Sold Mar 05, 2020
Transfer
$364,000 by Bank Of America Na
Mortgage Due Mar 01, 2050
14700 Hollow Tree Road has been categorized by the local assessors in Orland Park, IL as a residential type of property. The building on the property was first built in 1990 and is 34 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 14700 Hollow Tree Road has 2,580 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 610 ft and across the front of the lot is 1,130 ft. The area measurement of the land has been determined as 6,886 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 14700 Hollow Tree Road sold most recently in Nov 16, 2022 for a total of $640,000. If you work out the math, that's approximately a cost of $248.06 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,643 in taxes each year. 14700 Hollow Tree Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $47,000. If we break it down further, the land itself was valued at $11,018. Improvements to the property, however, were assessed at a total of $35,982. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,886
  • Lot Size Depth Feet: 610
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 2,580
  • Gross Building Area: 2,580
  • Building Area: 2,580
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,580
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CRYSTAL TREE ADD 04
  • Land Acres: 0.158
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: PARCEL 1 PARCEL 416 IN CRYSTAL TREE 4TH ADDITION A SUB PARCELS 2 AND 3 PRIVATE ROADWAY EASEMNT

Ownership

  • Current Owner : EDMUND J HOYT DECLARATION OF TRUST
  • Current Owner 2: DEBORAH L HOYT DECLARATION OF TRUST
  • Previous Owner : TRUST NUMBER 13717
  • Owner Before Previous Owner: BEHRMAN PAUL H
  • Owner Before Previous Owner 2: BEHRMAN GAIL L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 824114

Geography

  • District: 28
  • Parcel: 27-08-406-032-0000
  • Lot: 416
  • Meridian: SEC 08 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.6224
  • Longitude: -87.8809

    Address

  • Full Address: 14700 Hollow Tree Rd
  • Address - House Number: 14700
  • Address - Street Name: Hollow Tree
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Orland Park
  • Carrier Code: C027
  • 4-Digit Zip Code: 7403
  • Zip Code: 60462

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,643
  • Tax Rate Code Area: 28011

    Appraisal Valuation

  • Standard Deviation: 0.2529
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 670,991
  • High Value: 840,725
  • Low Value: 501,256

    Market Valuation

  • Market Total Value: $470,000
  • Market Land Value: $110,180
  • Market Improvement Value: $359,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,000
  • Assessed Land Value: $11,018
  • Assessed Improvements Value: $35,982

    Sales

  • Current Sale Contract Date: Nov 16, 2022
  • Current Sale Recording Date: Nov 25, 2022
  • Current Sale Transaction ID: 11899079089
  • Current Sale Price: $640,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 22006
  • Previous Sale Recording Date: Mar 05, 2020
  • Previous Sale Contract Date: Feb 27, 2020
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Mar 05, 2020
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $364,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2050

About Orland Park



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Frequently Asked Questions

What neighborhood is 14700 Hollow Tree Road located in?
The 14700 Hollow Tree Road is a multifamily located in the neighborhood of Orland in Orland Park, Orland Park.
What is the average sales price for listings in 14700 Hollow Tree Road?
The average sales price for units in 14700 Hollow Tree Road is $0 currently.

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