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15601 Frances Lane

15601 Frances Lane, Orland Park, IL 60462
Property in Orland
Sold Oct 23, 1997
Transfer
$57,000 by Chase Manhattan Mtg Corp
Mortgage Due Nov 01, 2027
Sold Jun 23, 1995
$185,000
$166,000 by 1st Priority Funding Inc
Mortgage Due Jul 01, 2002
Local assessors in Orland Park, IL have categorized 15601 Frances Lane as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 10,625 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 850 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 are also 2 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 15601 Frances Lane has a total of 1,943 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 attached garage for those who need a place to park their vehicle. There are 3 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 masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a 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. Prior to that sales transaction, the property was also sold in Jun 1, 1995 for $185,000. 15601 Frances Lane was last assessed in 2023. The total value of the property was assessed at $35,000. Specifically, the land the property is located on was valued at $6,641. While improvements on the property were assessed at a total of $28,359. 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 $7,497. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,625
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,943
  • Gross Building Area: 1,943
  • Building Area: 1,943
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,943
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK HILL SUBDIVISION UNIT5
  • Land Acres: 0.244
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (PARK) (HILL) SUBDIVISION (UNIT5) BNG A SUB OF PT OF THE SE SEC 15-36-12

Ownership

  • Current Owner : HERMANN JOHN
  • Current Owner 2: HERMANN SUSAN Y
  • Previous Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Owner Before Previous Owner: JANULIS JOHN T
  • Owner Before Previous Owner 2: JANULIS LAURA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 824106

Geography

  • District: 28
  • Parcel: 27-15-406-021-0000
  • Lot: 137
  • Meridian: SEC 15 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.6067
  • Longitude: -87.8373

    Address

  • Full Address: 15601 Frances Ln
  • Legal Unit: 5
  • Address - House Number: 15601
  • Address - Street Name: Frances
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Orland Park
  • Carrier Code: C036
  • 4-Digit Zip Code: 7708
  • Zip Code: 60462

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,497
  • Tax Rate Code Area: 28011

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 424,878
  • High Value: 521,894
  • Low Value: 327,861

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $57,000
  • First Open Lien Mortgage Lender: CHASE MANHATTAN MTG CORP
  • First Open Lien Mortgage Recording Date: Oct 23, 1997
  • First Open Lien Mortgage Loan Amount: $57,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2027

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $66,410
  • Market Improvement Value: $283,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $6,641
  • Assessed Improvements Value: $28,359

    Sales

  • Current Sale Contract Date: Oct 14, 1997
  • Current Sale Recording Date: Oct 23, 1997
  • Current Sale Transaction ID: 1177690734
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 97788752
  • Previous Sale Recording Date: Jun 23, 1995
  • Previous Sale Contract Date: Jun 01, 1995
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN MTG CORP
  • First Mortgage Transaction Date: Oct 23, 1997
  • First Mortgage Loan Amount: $57,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2027

    Previous Mortgages

  • Previous Mortgage Lender: 1ST PRIORITY FUNDING INC
  • Previous Mortgage Transaction Date: Jun 23, 1995
  • Previous Mortgage Loan Amount: $166,000
  • Previous Mortgage Term: 84
  • Previous Mortgage Loan Due Date: Jul 01, 2002

About Orland Park



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Nearby Rentals

Unit for rent at 8136 168th Place, Tinley Park, IL, 60477

$1,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
8136 168th Place #3W, Tinley Park, IL, 60477 Listing by Melissa Farrell

Frequently Asked Questions

What neighborhood is 15601 Frances Lane located in?
The 15601 Frances Lane is a located in the neighborhood of Orland in Orland Park, Orland Park.
What is the average sales price for listings in 15601 Frances Lane?
The average sales price for units in 15601 Frances Lane is $0 currently.

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