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20545 Abbey Drive

20545 Abbey Drive, Frankfort, IL 60423
Property in Frankfort
Sold Apr 05, 2016
$520,000
$416,000 by Perl Mortgage Inc
Mortgage Due Apr 01, 2046
Sold Dec 17, 2012
$429,500
$343,600 by Wintrust Mortgage
Mortgage Due Jan 01, 2043
20545 Abbey Drive has been categorized by the local assessors in Frankfort, IL as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 20545 Abbey Drive has 2,780 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 571 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 51,878 square feet.

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 attached garage for those who require parking. According to our sources, there are a total of 2 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A+ by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Mar 11, 2016 for $520,000. That's $187.05 per sqft. Prior to that sales transaction, the property was also sold in Dec 5, 2012 for $429,500. 20545 Abbey Drive was last assessed in 2022. The total value of the property was assessed at $199,389. Specifically, the land the property is located on was valued at $62,245. While improvements on the property were assessed at a total of $137,144. 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 $16,412. 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. 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: 2001
  • Effective Year Built: 2001
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A+
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 571
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 51,878
  • Total Building Area: 2,780
  • Building Area: 2,780
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 2,780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ABBEY WOODS
  • Land Acres: 1.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 35 IN ABBEY WOODS SUB. UNIT 2, A RESUB OF PRT OF LOTS 13 THRU 23 AND THE UNDESIGNATED AREA, IF ANY, LYING BETWEEN SAID LO

Ownership

  • Current Owner : TANSEY JAMES B
  • Current Owner 2: TANSEY LISA A
  • Previous Owner : VALLONE MICHAEL
  • Previous Owner 2: VALLONE KELLY M
  • Owner Before Previous Owner: ROSS DONALD
  • Owner Before Previous Owner 2: ROSS JANICE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Frankfort Community Consolidated School District 157C
  • Census Tract: 883504

Geography

  • Parcel: 19-09-15-302-007
  • Lot: 35
  • Meridian: SEC 15 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5155
  • Longitude: -87.8447

    Address

  • Full Address: 20545 Abbey Dr
  • Legal Unit: 2
  • Address - House Number: 20545
  • Address - Street Name: Abbey
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Frankfort
  • Carrier Code: C006
  • 4-Digit Zip Code: 3124
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,412
  • Tax Rate Code Area: 1906

    Appraisal Valuation

  • Standard Deviation: 0.1473
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 718,522
  • High Value: 824,391
  • Low Value: 612,653

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $666,000
  • First Open Lien Mortgage Lender: PERL MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 05, 2016
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $416,000
  • 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: Apr 01, 2046
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Mar 24, 2017
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 13, 2047

    Market Valuation

  • Market Total Value: $598,167
  • Market Land Value: $186,735
  • Market Improvement Value: $411,432

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $199,389
  • Assessed Land Value: $62,245
  • Assessed Improvements Value: $137,144

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 11, 2016
  • Current Sale Recording Date: Apr 05, 2016
  • Current Sale Transaction ID: 1513318053
  • Current Sale Price: $520,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2016024151
  • Previous Sale Recording Date: Dec 17, 2012
  • Previous Sale Contract Date: Dec 05, 2012
  • Previous Sale Amount: $429,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PERL MORTGAGE INC
  • First Mortgage Transaction Date: Apr 05, 2016
  • First Mortgage Loan Amount: $416,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2046

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: WINTRUST MORTGAGE
  • Previous Mortgage Transaction Date: Dec 17, 2012
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $343,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2043

About Frankfort



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  • 3.5 Baths
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8566 Huckins Drive, Frankfort, IL, 60423 Listing by Brandon Miller

Frequently Asked Questions

What neighborhood is 20545 Abbey Drive located in?
The 20545 Abbey Drive is a located in the neighborhood of Frankfort in Frankfort, Frankfort.
What is the average sales price for listings in 20545 Abbey Drive?
The average sales price for units in 20545 Abbey Drive is $0 currently.

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