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16313 Bormet Drive

16313 Bormet Drive, Tinley Park, IL 60477
Property in Orland
Sold Sep 23, 2019
$290,000
$261,000 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2049
Sold Oct 03, 2011
$225,000
$202,500 by Kinecta Fcu
Mortgage Due Oct 01, 2041
Local assessors in Tinley Park, IL have categorized 16313 Bormet Drive as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 8,901 square feet. The linear feet between the front and back of the lot was measured at 690 ft and the front of the lot was measured at 1,290 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level 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. If we look only at the heated or air conditioned part of the building, then 16313 Bormet Drive has a total of 1,424 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 2 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. 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, 16313 Bormet Drive was last sold in Sep 10, 2019 for $290,000. According to our calculations, that's $203.65 per sqft. Prior to that sales transaction, the property was sold for $225,000 in Sep 12, 2011. Current property owners are expected to pay $8,415 in taxes per year. The property on 16313 Bormet Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $34,000. To break that down further, the land itself was valued at $5,786. While improvements to the property were assessed at a total of $28,214. 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. 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.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: 1987
  • Effective Year Built: 1987
  • 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: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,901
  • Lot Size Depth Feet: 690
  • Lot Size Frontage Feet: 1,290
  • Total Building Area: 1,424
  • Gross Building Area: 1,424
  • Building Area: 1,424
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,424
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GALLAGHER & HENRYS TINLEY MEADOWS
  • Land Acres: 0.204
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 76 GALLAGHER & HENRYS TINLEY ME DOWS UNIT 4 SUB

Ownership

  • Current Owner : EGAN MAUREEN P
  • Current Owner 2: BUTLER MICHAEL
  • Previous Owner : SCHLENDER JASON
  • Previous Owner 2: SCHLENDER CASSANDRA M
  • Owner Before Previous Owner: WIERZAL DARRELL
  • Owner Before Previous Owner 2: WIERZAL LORELEI A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 824122

Geography

  • District: 28
  • Parcel: 27-23-418-017-0000
  • Lot: 76
  • Meridian: SEC 23 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.5934
  • Longitude: -87.815

    Address

  • Full Address: 16313 Bormet Dr
  • Address - House Number: 16313
  • Address - Street Name: Bormet
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: C029
  • 4-Digit Zip Code: 8225
  • Zip Code: 60477

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,415
  • Tax Rate Code Area: 28013

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 400,805
  • High Value: 492,047
  • Low Value: 309,564

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $261,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Sep 23, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $261,000
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $57,860
  • Market Improvement Value: $282,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $5,786
  • Assessed Improvements Value: $28,214

    Sales

  • Current Sale Contract Date: Sep 10, 2019
  • Current Sale Recording Date: Sep 23, 2019
  • Current Sale Transaction ID: 11651853837
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1926657083
  • Previous Sale Recording Date: Oct 03, 2011
  • Previous Sale Contract Date: Sep 12, 2011
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Sep 23, 2019
  • First Mortgage Loan Amount: $261,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: KINECTA FCU
  • Previous Mortgage Transaction Date: Oct 03, 2011
  • Previous Mortgage Loan Amount: $202,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2041

About Tinley Park



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Frequently Asked Questions

What neighborhood is 16313 Bormet Drive located in?
The 16313 Bormet Drive is a located in the neighborhood of Orland in Tinley Park, Tinley Park.
What is the average sales price for listings in 16313 Bormet Drive?
The average sales price for units in 16313 Bormet Drive is $0 currently.

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