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312 Queens Lane

312 Queens Lane, Thornton, IL 60476
Property in Thornton
Sold Feb 03, 2022
$150,000
Sold Sep 13, 2005
$139,500
$111,600 by Professional Mortgage Partners
Mortgage Due Oct 01, 2035
312 Queens Lane in Thornton, IL was first built in 1957 and is 67 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 312 Queens Lane has 1,172 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 540 ft and the linear feet between the front and back of the lot is 1,340. In total, the area measurement of the land is 7,425 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 312 Queens Lane sold most recently in Jan 28, 2022 for a total of $150,000. If you work out the math, that's approximately a cost of $127.99 per sqft. Before that, the property was also sold for $139,500 in Sep 9, 2005. 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 $3,180 in taxes each year. 312 Queens Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $13,000. If we break it down further, the land itself was valued at $2,970. Improvements to the property, however, were assessed at a total of $10,030. 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. 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!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
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,425
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,172
  • Gross Building Area: 1,172
  • Building Area: 1,172
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,172
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VANDERMAY SUB
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (VANDERMAY)SUB OF PT LYING E OF ELY R/W LINE OF C & E I RR EX E 33 FT NH SH SW SEC 27-36-14

Ownership

  • Current Owner : LOCKHART LAQUANA
  • Previous Owner : FARR THOMAS P
  • Owner Before Previous Owner: PIETRAS WAYNE EDWARD
  • Owner Before Previous Owner 2: PIETRAS MARIE G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Thornton Township High School District 205
  • Census Tract: 828300

Geography

  • District: 37
  • Parcel: 29-27-317-004-0000
  • Lot: 36
  • Meridian: SEC 27 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5735
  • Longitude: -87.6083

    Address

  • Full Address: 312 Queens Ln
  • Address - House Number: 312
  • Address - Street Name: Queens
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Thornton
  • Carrier Code: C001
  • 4-Digit Zip Code: 1080
  • Zip Code: 60476

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,180
  • Tax Rate Code Area: 37067

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 168,054
  • High Value: 212,601
  • Low Value: 123,506

    Market Valuation

  • Market Total Value: $130,000
  • Market Land Value: $29,700
  • Market Improvement Value: $100,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,000
  • Assessed Land Value: $2,970
  • Assessed Improvements Value: $10,030

    Sales

  • Current Sale Contract Date: Jan 28, 2022
  • Current Sale Recording Date: Feb 03, 2022
  • Current Sale Transaction ID: 11887642106
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2203412241
  • Previous Sale Recording Date: Sep 13, 2005
  • Previous Sale Contract Date: Sep 09, 2005
  • Previous Sale Amount: $139,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: PROFESSIONAL MORTGAGE PARTNERS
  • Previous Mortgage Transaction Date: Sep 13, 2005
  • Previous Mortgage Loan Amount: $111,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Oct 01, 2035

About Thornton



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$2,400 /mo

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1101 W Wisconsin Street, Glenwood, IL, 60425 Listing by Rishab Chawla

Frequently Asked Questions

What neighborhood is 312 Queens Lane located in?
The 312 Queens Lane is a located in the neighborhood of Thornton in Thornton, Thornton.
What is the average sales price for listings in 312 Queens Lane?
The average sales price for units in 312 Queens Lane is $0 currently.

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