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16 115th Street

16 115th Street, Lemont, IL 60439
House in Lemont
Sold Jul 26, 2018
$705,000
$538,000 by United Wholesale Mortgage
Mortgage Due Feb 01, 2051
Sold Feb 05, 2001
$170,000
$119,000 by Firstar Bank Na
Mortgage Due Feb 01, 2004
16 115th Street has been categorized by the local assessors in Lemont, IL as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16 115th Street has 5,959 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 42,732 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 4 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. 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. 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, 16 115th Street was last sold in Jul 13, 2018 for $705,000. According to our calculations, that's $118.31 per sqft. Prior to that sales transaction, the property was sold for $170,000 in Jan 8, 2001. Current property owners are expected to pay $14,327 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 16 115th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $69,000. To break that down further, the land itself was valued at $13,888. While improvements to the property were assessed at a total of $55,112. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 42,732
  • Total Building Area: 5,959
  • Gross Building Area: 5,959
  • Building Area: 5,959
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,959
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EQUESTRIAN ESTATES UNIT7
  • Land Acres: 0.981
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (EQUESTRIAN) ESTATES (UNIT7) SUB OF PT OF LT3 IN COUN TY CLERKS DIVISION OF SEC 24-37-11

Ownership

  • Current Owner : PASAKINSKAS ALGIRDAS
  • Previous Owner : FRANKLIN KEITH
  • Previous Owner 2: FRANKLIN TAMRA
  • Owner Before Previous Owner: LIU DAVID L Y
  • Owner Before Previous Owner 2: LIU HUEY M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lemont Township High School District 210
  • Census Tract: 824004

Geography

  • District: 19
  • Parcel: 22-24-105-008-0000
  • Lot: 3
  • Meridian: SEC 24 TWN 37N RNG 11E
  • Municipality: LEMONT
  • Latitude: 41.6804
  • Longitude: -87.9286

    Address

  • Full Address: 16 115th St
  • Legal Unit: 7
  • Address - House Number: 16
  • Address - Street Name: 115th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lemont
  • Carrier Code: R008
  • 4-Digit Zip Code: 8750
  • Zip Code: 60439

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,327
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 19002

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 875,334
  • High Value: 1,054,527
  • Low Value: 696,140

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $538,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 23, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $538,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $690,000
  • Market Land Value: $138,880
  • Market Improvement Value: $551,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,000
  • Assessed Land Value: $13,888
  • Assessed Improvements Value: $55,112

    Sales

  • Current Sale Contract Date: Jul 13, 2018
  • Current Sale Recording Date: Jul 26, 2018
  • Current Sale Transaction ID: 11485164407
  • Current Sale Price: $705,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1820742036
  • Previous Sale Recording Date: Feb 05, 2001
  • Previous Sale Contract Date: Jan 08, 2001
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jul 26, 2018
  • First Mortgage Loan Amount: $564,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTAR BANK NA
  • Previous Mortgage Transaction Date: Feb 05, 2001
  • Previous Mortgage Loan Amount: $119,000
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Due Date: Feb 01, 2004

About Cook



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 16 115th Street located in?
The 16 115th Street is a house located in the neighborhood of Lemont in Cook, Lemont.
What is the average sales price for listings in 16 115th Street?
The average sales price for units in 16 115th Street is $0 currently.

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