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16472 Craig Drive

16472 Craig Drive, Oak Forest, IL 60452
Property in Bremen
Sold Sep 15, 2010
$128,000
$125,681 by Bluestar Mortgage Inc
Mortgage Due Oct 01, 2040
Sold May 24, 2002
$135,000
$130,950 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2032
Local assessors in Oak Forest, IL have categorized 16472 Craig Drive as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 6,420 square feet. The linear feet between the front and back of the lot was measured at 1,120 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16472 Craig Drive has a total of 1,134 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 16472 Craig Drive was last sold in Sep 3, 2010 for $128,000. According to our calculations, that's $112.87 per sqft. Prior to that sales transaction, the property was sold for $135,000 in May 21, 2002. Current property owners are expected to pay $5,008 in taxes per year. The property on 16472 Craig Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $20,000. To break that down further, the land itself was valued at $2,889. While improvements to the property were assessed at a total of $17,111. 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. 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!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: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • 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: 1

    Dimensions

  • Lot Size Square Feet: 6,420
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,134
  • Gross Building Area: 1,134
  • Building Area: 1,134
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,134
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FIELDCREST SECOND
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (FIELDCREST)(SECOND)RESUB OF LTS 1-44 IN BLK 10 LTS 1 & 28-30 IN BLK 12 LTS 1 29-30 BLK 13 & LTS 1 23-34 BLK 14 IN WILLOWICK

Ownership

  • Current Owner : MAGANA JACOB D
  • Previous Owner : ALVAREZ GEORGE
  • Previous Owner 2: ALVAREZ CHRISTINA
  • Owner Before Previous Owner: BUTKOWSKI VINCE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 13
  • Parcel: 28-22-308-085-0000
  • Block: 10
  • Lot: 1-44
  • Meridian: SEC 22 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5925
  • Longitude: -87.7272

    Address

  • Full Address: 16472 Craig Dr
  • Address - House Number: 16472
  • Address - Street Name: Craig
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C006
  • 4-Digit Zip Code: 4321
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,008
  • Tax Rate Code Area: 13070

    Appraisal Valuation

  • Standard Deviation: 0.2557
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 235,254
  • High Value: 295,432
  • Low Value: 175,076

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,681
  • First Open Lien Mortgage Lender: BLUESTAR MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Sep 15, 2010
  • First Open Lien Mortgage Loan Amount: $125,681
  • 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, 2040

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $28,890
  • Market Improvement Value: $171,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $2,889
  • Assessed Improvements Value: $17,111

    Sales

  • Current Sale Contract Date: Sep 03, 2010
  • Current Sale Recording Date: Sep 15, 2010
  • Current Sale Transaction ID: 1145862451
  • Current Sale Price: $128,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1025847002
  • Previous Sale Recording Date: May 24, 2002
  • Previous Sale Contract Date: May 21, 2002
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: BLUESTAR MORTGAGE INC
  • First Mortgage Transaction Date: Sep 15, 2010
  • First Mortgage Loan Amount: $125,681
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: May 24, 2002
  • Previous Mortgage Loan Amount: $130,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2032

About Oak Forest



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Frequently Asked Questions

What neighborhood is 16472 Craig Drive located in?
The 16472 Craig Drive is a located in the neighborhood of Bremen in Oak Forest, Oak Forest.
What is the average sales price for listings in 16472 Craig Drive?
The average sales price for units in 16472 Craig Drive is $0 currently.

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