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22842 Lakeshore Drive

22842 Lakeshore Drive, Richton Park, IL 60471
Property in Rich
Sold Sep 11, 2017
$130,000
$794,000 by Secretary Of Housing And Urban
Mortgage Due Oct 01, 2062
Sold Jan 28, 2016
$46,000
22842 Lakeshore Drive has been categorized by the local assessors in Richton Park, IL as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 22842 Lakeshore Drive has 1,303 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 11,250 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 8,125 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 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 unknown. 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. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 22842 Lakeshore Drive sold most recently in Aug 14, 2017 for a total of $130,000. If you work out the math, that's approximately a cost of $99.77 per sqft. Before that, the property was also sold for $46,000 in Jan 13, 2016. 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 $4,791 in taxes each year. 22842 Lakeshore Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,000. If we break it down further, the land itself was valued at $4,469. Improvements to the property, however, were assessed at a total of $17,531. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 8,125
  • Lot Size Depth Feet: 11,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,303
  • Gross Building Area: 1,303
  • Building Area: 1,303
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,303
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ELEVENTH ADD TO BURNSIDES LAKEWOOD
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ELEVENTH) ADD TO (BURNSIDES) (LAKEWOOD) ESTATES SUB OF PT EH SE SEC 33-35-13

Ownership

  • Current Owner : MOORE LEISETTE
  • Previous Owner : REGENCY LANE PROPERTIES II LLC
  • Owner Before Previous Owner: DIXON DWAYNE C
  • Owner Before Previous Owner 2: DIXON JANEEN C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830008

Geography

  • District: 32
  • Parcel: 31-33-409-028-0000
  • Lot: 437
  • Meridian: SEC 33 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4741
  • Longitude: -87.7368

    Address

  • Full Address: 22842 Lakeshore Dr
  • Address - House Number: 22842
  • Address - Street Name: Lakeshore
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Richton Park
  • Carrier Code: C030
  • 4-Digit Zip Code: 2322
  • Zip Code: 60471

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,791
  • Tax Rate Code Area: 32071

    Appraisal Valuation

  • Standard Deviation: 0.2622
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 218,406
  • High Value: 275,690
  • Low Value: 161,122

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $795,306
  • First Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • First Open Lien Mortgage Recording Date: Nov 02, 2022
  • First Open Lien Mortgage Loan Amount: $794,000
  • First Open Lien Mortgage Term: 478
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2062
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Mar 08, 2024
  • Second Open Lien Mortgage Loan Amount: $1,306
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2064

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $44,690
  • Market Improvement Value: $175,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $4,469
  • Assessed Improvements Value: $17,531

    Sales

  • Current Sale Contract Date: Aug 14, 2017
  • Current Sale Recording Date: Sep 11, 2017
  • Current Sale Transaction ID: 1733261304
  • Current Sale Price: $130,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1725417052
  • Previous Sale Recording Date: Jan 28, 2016
  • Previous Sale Contract Date: Jan 13, 2016
  • Previous Sale Amount: $46,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OCMBC INC
  • First Mortgage Transaction Date: Sep 11, 2017
  • First Mortgage Loan Amount: $127,645
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Richton Park



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 22842 Lakeshore Drive located in?
The 22842 Lakeshore Drive is a located in the neighborhood of Rich in Richton Park, Richton Park.
What is the average sales price for listings in 22842 Lakeshore Drive?
The average sales price for units in 22842 Lakeshore Drive is $0 currently.

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