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16225 Lake Villa Avenue

16225 Lake Villa Avenue, Tinley Park, IL 60477
Multifamily in Orland
Sold Feb 21, 2020
$212,000
Sold Oct 19, 1993
$103,333
$100,000 by Principal Mutual Life Ins
Mortgage Due Nov 01, 2023
16225 Lake Villa Avenue in Tinley Park, IL was first built in 1993 and is 31 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 16225 Lake Villa Avenue has 1,394 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 770 ft and the linear feet between the front and back of the lot is 320. In total, the area measurement of the land is 2,464 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 16225 Lake Villa Avenue was last sold in Feb 12, 2020 for $212,000. According to our calculations, that's $152.08 per sqft. Prior to that sales transaction, the property was sold for $103,333 in Sep 30, 1993. Current property owners are expected to pay $7,330 in taxes per year. The property on 16225 Lake Villa Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $28,000. To break that down further, the land itself was valued at $1,478. While improvements to the property were assessed at a total of $26,522. 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. 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. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,464
  • Lot Size Depth Feet: 320
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,394
  • Gross Building Area: 1,394
  • Building Area: 1,394
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,394
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK PLACE VILLAS
  • Land Acres: 0.057
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : HAMIDHONOV DONIYOR
  • Current Owner 2: AZAMOVA DILFUZAHON
  • Previous Owner : DAUM SUZANNE L
  • Previous Owner 2: DAUM PAUL
  • Owner Before Previous Owner: STATE BANK OF COUNTRYSIDE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 824123

Geography

  • District: 28
  • Parcel: 27-24-213-057-0000
  • Lot: 27
  • Meridian: SEC 24 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.5957
  • Longitude: -87.7977

    Address

  • Full Address: 16225 Lake Villa Ave
  • Address - House Number: 16225
  • Address - Street Name: Lake Villa
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: C017
  • 4-Digit Zip Code: 1597
  • Zip Code: 60477

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,330
  • Tax Rate Code Area: 28027

    Appraisal Valuation

  • Standard Deviation: 0.2443
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 299,865
  • High Value: 373,145
  • Low Value: 226,585

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $14,780
  • Market Improvement Value: $265,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $1,478
  • Assessed Improvements Value: $26,522

    Sales

  • Current Sale Contract Date: Feb 12, 2020
  • Current Sale Recording Date: Feb 21, 2020
  • Current Sale Transaction ID: 11736932796
  • Current Sale Price: $212,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2005216148
  • Previous Sale Recording Date: Oct 19, 1993
  • Previous Sale Contract Date: Sep 30, 1993
  • Previous Sale Amount: $103,333
  • Previous Sale Document Type: Joint Tenancy Deed

    Previous Mortgages

  • Previous Mortgage Lender: PRINCIPAL MUTUAL LIFE INS
  • Previous Mortgage Transaction Date: Oct 19, 1993
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2023

About Tinley Park



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 16225 Lake Villa Avenue located in?
The 16225 Lake Villa Avenue is a multifamily located in the neighborhood of Orland in Tinley Park, Tinley Park.
What is the average sales price for listings in 16225 Lake Villa Avenue?
The average sales price for units in 16225 Lake Villa Avenue is $0 currently.

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