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20000 Lake Lynwood Drive

20000 Lake Lynwood Drive, Chicago Heights, IL 60411
Property in Bloom
Local assessors in Chicago Heights, IL have categorized 20000 Lake Lynwood Drive as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 8,250 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 750 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 8 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 are 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 20000 Lake Lynwood Drive has a total of 2,160 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. 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, 20000 Lake Lynwood Drive sold most recently in Dec 31, 2020 for a total of $269,000. If you work out the math, that's approximately a cost of $124.54 per sqft. 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 $8,434 in taxes each year. 20000 Lake Lynwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $24,328. If we break it down further, the land itself was valued at $4,538. Improvements to the property, however, were assessed at a total of $19,790. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 8,250
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,160
  • Gross Building Area: 2,160
  • Building Area: 2,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LYNWOOD TERRACE UNIT4
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (LYNWOOD) TERRACE (UNIT4) SUB OF PT OF SW SEC 07-35-15

Ownership

  • Current Owner : PARKER CHERILYN M
  • Previous Owner : NICHOLSON JUNE NICHOLSON
  • Previous Owner 2: THE JUNE NICOLSON 1991 TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Thornton Fractional Township High School District 215
  • Census Tract: 828507

Geography

  • District: 12
  • Parcel: 33-07-315-016-0000
  • Block: 4
  • Lot: 1
  • Meridian: SEC 07 TWN 35N RNG 15E
  • Municipality: BLOOM
  • Latitude: 41.5329
  • Longitude: -87.5496

    Address

  • Full Address: 20000 Lake Lynwood Dr
  • Legal Unit: 4
  • Address - House Number: 20000
  • Address - Street Name: Lake Lynwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lynwood
  • Carrier Code: C043
  • 4-Digit Zip Code: 1548
  • Zip Code: 60411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,434
  • Tax Rate Code Area: 12040

    Appraisal Valuation

  • Standard Deviation: 0.24
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 331,306
  • High Value: 410,827
  • Low Value: 251,785

    Market Valuation

  • Market Total Value: $243,280
  • Market Land Value: $45,380
  • Market Improvement Value: $197,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,328
  • Assessed Land Value: $4,538
  • Assessed Improvements Value: $19,790

    Sales

  • Current Sale Contract Date: Dec 31, 2020
  • Current Sale Recording Date: Jan 29, 2021
  • Current Sale Transaction ID: 11815726248
  • Current Sale Price: $269,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2102913568

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SAVINGS BANK OF HEGEWISC
  • First Mortgage Transaction Date: Jan 29, 2021
  • First Mortgage Loan Amount: $260,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Lynwood



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Frequently Asked Questions

What neighborhood is 20000 Lake Lynwood Drive located in?
The 20000 Lake Lynwood Drive is a located in the neighborhood of Bloom in Lynwood, Chicago Heights.
What is the average sales price for listings in 20000 Lake Lynwood Drive?
The average sales price for units in 20000 Lake Lynwood Drive is $269,500 , or $125/sqft. currently.

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