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16105 Palm Drive

16105 Palm Drive, Crest Hill, IL 60403
Property in Lockport
Sold Nov 13, 2014
$260,000
$244,556 by The Federal Savings Bank
Mortgage Due Nov 01, 2044
Sold Jun 18, 2014
$158,566
16105 Palm Drive has been categorized by the local assessors in Crest Hill, IL as a residential type of property. The building on the property was first built in 2003 and is 21 years old. 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, 16105 Palm Drive has 2,883 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 13,349 square feet.

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. The garage measured 289 sqft. The inside of the home is being cooled with central air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery nights. 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, 16105 Palm Drive sold most recently in Sep 16, 2014 for a total of $260,000. If you work out the math, that's approximately a cost of $57.14 per sqft. Before that, the property was also sold for $158,566 in May 6, 2014. 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 $8,305 in taxes each year. 16105 Palm Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $102,960. If we break it down further, the land itself was valued at $19,319. Improvements to the property, however, were assessed at a total of $83,641. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,378
  • Garage Type: Attached
  • Garage Square Area: 289
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,349
  • Total Building Area: 4,550
  • Building Area: 2,883
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,883
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARBOR GLEN
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 69 IN ARBOR GLEN, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 OF SEC. 20, T36N-R10E.

Ownership

  • Current Owner : CONTRERAS ABEL A
  • Current Owner 2: CONTRERAS MARIA L
  • Previous Owner : AMERICAN HOMES 4 RENT TRS LLC
  • Owner Before Previous Owner: FONDREN KERRIANN TRAVIS
  • Owner Before Previous Owner 2: EMC MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 884103

Geography

  • Parcel: 11-04-20-101-038
  • Lot: 69
  • Meridian: SEC 20 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5916
  • Longitude: -88.1132

    Address

  • Full Address: 16105 Palm Dr
  • Address - House Number: 16105
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Crest Hill
  • Carrier Code: R021
  • 4-Digit Zip Code: 0781
  • Zip Code: 60403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,305
  • Tax Rate Code Area: 1105

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 407,577
  • High Value: 471,273
  • Low Value: 343,881

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,556
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Nov 13, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $244,556
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2044

    Market Valuation

  • Market Total Value: $308,880
  • Market Land Value: $57,957
  • Market Improvement Value: $250,923

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,960
  • Assessed Land Value: $19,319
  • Assessed Improvements Value: $83,641

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 16, 2014
  • Current Sale Recording Date: Nov 13, 2014
  • Current Sale Transaction ID: 1179030010
  • Current Sale Price: $260,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: R2014100362
  • Previous Sale Recording Date: Jun 18, 2014
  • Previous Sale Contract Date: May 06, 2014
  • Previous Sale Amount: $158,566
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Nov 13, 2014
  • First Mortgage Loan Amount: $244,556
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2044

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Crest Hill



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Frequently Asked Questions

What neighborhood is 16105 Palm Drive located in?
The 16105 Palm Drive is a located in the neighborhood of Lockport in Crest Hill, Crest Hill.
What is the average sales price for listings in 16105 Palm Drive?
The average sales price for units in 16105 Palm Drive is $0 currently.

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