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16420 George Drive

16420 George Drive, Oak Forest, IL 60452
Property in Bremen
Sold Oct 12, 2021
$196,000
$192,449 by Wintrust Mortgage
Mortgage Due Oct 01, 2051
Sold Aug 08, 2008
$171,000
$153,900 by Hometown National Bank
Mortgage Due Aug 01, 2038
16420 George Drive has been categorized by the local assessors in Oak Forest, IL as a residential type of property. The building on the property was first built in 1968 and is 56 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 16420 George Drive has 1,008 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 520 ft and across the front of the lot is 1,070 ft. The area measurement of the land has been determined as 5,564 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

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 detached garage for those who require parking. According to our sources, there are a total of 3 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 frame 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. Finally, the property is currently sourcing its water from a municipal system. The property was last sold in Sep 27, 2021 for $196,000. That's $194.44 per sqft. Prior to that sales transaction, the property was also sold in Jul 28, 2008 for $171,000. 16420 George Drive was last assessed in 2023. The total value of the property was assessed at $21,000. Specifically, the land the property is located on was valued at $2,504. While improvements on the property were assessed at a total of $18,496. 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 $6,910. 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. 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: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 5,564
  • Lot Size Depth Feet: 520
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILLOWICK ESTATES
  • Land Acres: 0.128
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WILLOWICK)(ESTATES) SUB OF PT SW & PT SE N OF IBL SH SEC 22-36-13

Ownership

  • Current Owner : GUZMAN ANGELINA
  • Current Owner 2: GUZMAN JOSEPH A
  • Previous Owner : ESTES DIANA C
  • Previous Owner 2: ESTES SHAUN M
  • Owner Before Previous Owner: GARCIA LEOPOLD
  • Owner Before Previous Owner 2: VILLANUEVA GLORIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Prairie-Hills Elementary School District 144
  • Census Tract: 825200

Geography

  • District: 13
  • Parcel: 28-22-303-013-0000
  • Block: 6
  • Lot: 13
  • Meridian: SEC 22 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5933
  • Longitude: -87.7311

    Address

  • Full Address: 16420 George Dr
  • Address - House Number: 16420
  • Address - Street Name: George
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C001
  • 4-Digit Zip Code: 4210
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,910
  • Tax Rate Code Area: 13070

    Appraisal Valuation

  • Standard Deviation: 0.2467
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 224,725
  • High Value: 280,166
  • Low Value: 169,285

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $198,449
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 12, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $192,449
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Open Lien Mortgage Recording Date: Oct 12, 2021
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $25,040
  • Market Improvement Value: $184,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $2,504
  • Assessed Improvements Value: $18,496

    Sales

  • Current Sale Contract Date: Sep 27, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11859668779
  • Current Sale Price: $196,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2128525176
  • Previous Sale Recording Date: Aug 08, 2008
  • Previous Sale Contract Date: Jul 28, 2008
  • Previous Sale Amount: $171,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Oct 12, 2021
  • First Mortgage Loan Amount: $192,449
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HOMETOWN NATIONAL BANK
  • Previous Mortgage Transaction Date: Aug 08, 2008
  • Previous Mortgage Loan Amount: $153,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Aug 01, 2038

About Oak Forest



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Frequently Asked Questions

What neighborhood is 16420 George Drive located in?
The 16420 George Drive is a located in the neighborhood of Bremen in Oak Forest, Oak Forest.
What is the average sales price for listings in 16420 George Drive?
The average sales price for units in 16420 George Drive is $0 currently.

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