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315 Farragut Street

315 Farragut Street, Park Forest, IL 60466
Property in Rich
Sold Oct 27, 2005
$139,000
$139,000 by Amerihome Mortgage Company Llc
Mortgage Due Nov 01, 2035
Sold Nov 29, 1996
$93,000
$94,758 by Westamerica Mtg
Mortgage Due Dec 01, 2026
315 Farragut Street in Park Forest, IL was first built in 1959 and is 65 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 split level style. There are a total of 2 floors. 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 are 2 partial bathrooms. 315 Farragut Street has 1,183 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 500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 7,200 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 masonry. 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. 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, 315 Farragut Street was last sold in Oct 19, 2005 for $139,000. According to our calculations, that's $117.50 per sqft. Prior to that sales transaction, the property was sold for $93,000 in Nov 26, 1996. Current property owners are expected to pay $8,767 in taxes per year. The property on 315 Farragut Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $14,000. To break that down further, the land itself was valued at $2,880. While improvements to the property were assessed at a total of $11,120. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,183
  • Gross Building Area: 1,183
  • Building Area: 1,183
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,183
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LINCOLNWOOD CENTER
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (LINCOLNWOOD)(CENTER) SUB OF PT OF SE & PT OF SW SEC 24-35-13

Ownership

  • Current Owner : GONZALEZ EDWARD
  • Previous Owner : HOWARD ANGELO
  • Previous Owner 2: HOWARD RENITA Y
  • Owner Before Previous Owner: LEWIS LEPOLIA
  • Owner Before Previous Owner 2: LEWIS JEAN L
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Matteson Elementary School District 162
  • Census Tract: 830100

Geography

  • District: 32
  • Parcel: 31-24-424-006-0000
  • Block: 17
  • Lot: 27
  • Meridian: SEC 24 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5054
  • Longitude: -87.6835

    Address

  • Full Address: 315 Farragut St
  • Address - House Number: 315
  • Address - Street Name: Farragut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C023
  • 4-Digit Zip Code: 1176
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,767
  • Tax Rate Code Area: 32018

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 156,960
  • High Value: 198,552
  • Low Value: 115,368

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $139,000
  • First Open Lien Mortgage Lender: AMERIHOME MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Oct 27, 2005
  • First Open Lien Mortgage Loan Amount: $139,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien 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.)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2035

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $28,800
  • Market Improvement Value: $111,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $2,880
  • Assessed Improvements Value: $11,120

    Sales

  • Current Sale Contract Date: Oct 19, 2005
  • Current Sale Recording Date: Oct 27, 2005
  • Current Sale Transaction ID: 1075001477
  • Current Sale Price: $139,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0530053137
  • Previous Sale Recording Date: Nov 29, 1996
  • Previous Sale Contract Date: Nov 26, 1996
  • Previous Sale Amount: $93,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIHOME MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Oct 27, 2005
  • First Mortgage Loan Amount: $139,000
  • First Mortgage Terms: 360
  • First 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.)
  • First Mortgage Loan Due Date: Nov 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: WESTAMERICA MTG
  • Previous Mortgage Transaction Date: Nov 29, 1996
  • Previous Mortgage Loan Amount: $94,758
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Dec 01, 2026

About Park Forest



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Nearby Rentals

Unit for rent at 186 Washington Street, Park Forest, IL, 60466

$2,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,349 ft²
186 Washington Street, Park Forest, IL, 60466 Listing by Shannon Williams

Frequently Asked Questions

What neighborhood is 315 Farragut Street located in?
The 315 Farragut Street is a located in the neighborhood of Rich in Park Forest, Park Forest.
What is the average sales price for listings in 315 Farragut Street?
The average sales price for units in 315 Farragut Street is $0 currently.

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