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37 Abbey Lane

37 Abbey Lane, Park Forest, IL 60466
Property in Crete
Sold Apr 07, 1997
$92,000
$116,000 by Rocket Mortgage Llc
Mortgage Due Apr 01, 2054
Local assessors in Park Forest, IL have categorized 37 Abbey Lane as a residential type of property. The property's lot size has been calculated to be 1,310 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style.

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. 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, 37 Abbey Lane sold most recently in Mar 27, 1997 for a total of $92,000. 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 $5,271 in taxes each year. 37 Abbey Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $31,450. If we break it down further, the land itself was valued at $9,783. Improvements to the property, however, were assessed at a total of $21,667. 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. 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. 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

  • Bedroom Count: 0
  • Building Style: Townhouse
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,310
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST BROOK TOWNHOMES
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: BLOCK 11 THE W 17 FT OF THE E 129.96 FT (AS MEASURED NORMAL TO THE E LN) OF BLK 11 IN FOREST BROOK TOWNHOMES, BEING A RE-SUB

Ownership

  • Current Owner : WILLIAMS JULIA
  • Current Owner 2: WILLIAMS CYNTHIA
  • Previous Owner : AMERICAN NATIONAL BK & TR CO OF CHICAGO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883803

Geography

  • Parcel: 23-15-06-103-018
  • Block: 11
  • Meridian: SEC 06 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4658
  • Longitude: -87.6662

    Address

  • Full Address: 37 Abbey Ln
  • Address - House Number: 37
  • Address - Street Name: Abbey
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C014
  • 4-Digit Zip Code: 2640
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,271
  • Tax Rate Code Area: 2316

    Appraisal Valuation

  • Standard Deviation: 0.1192
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 87
  • Final Value: 132,055
  • High Value: 147,796
  • Low Value: 116,313

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $128,769
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 18, 2024
  • First Open Lien Mortgage Loan Amount: $116,000
  • 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, 2054
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Mar 09, 2022
  • Second Open Lien Mortgage Loan Amount: $12,769
  • Second Open Lien Mortgage Term: 258
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2043

    Market Valuation

  • Market Total Value: $94,350
  • Market Land Value: $29,349
  • Market Improvement Value: $65,001

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,450
  • Assessed Land Value: $9,783
  • Assessed Improvements Value: $21,667

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 27, 1997
  • Current Sale Recording Date: Apr 07, 1997
  • Current Sale Transaction ID: 1083180796
  • Current Sale Price: $92,000
  • Current Sale Document Type: Joint Tenancy Deed
  • Current Sale Input Document Number: R97-028057

    Last Sale Mortgage

  • First Mortgage Lender: PREFERRED MTG ASSOCIATES LTD
  • First Mortgage Transaction Date: Apr 07, 1997
  • First Mortgage Loan Amount: $91,513
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2027

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Frequently Asked Questions

What neighborhood is 37 Abbey Lane located in?
The 37 Abbey Lane is a located in the neighborhood of Crete in Park Forest, Park Forest.
What is the average sales price for listings in 37 Abbey Lane?
The average sales price for units in 37 Abbey Lane is $0 currently.

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