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3720 West 162nd Place

3720 West 162nd Place, Markham, IL 60428
Property in Bremen
Sold Oct 14, 2021
$140,000
$137,464 by American Pacific Mortgage Corp
Mortgage Due Oct 01, 2051
Sold Aug 14, 1998
$65,500
$67,450 by American States Mtg
Mortgage Due Aug 01, 2028
Local assessors in Markham, IL have categorized 3720 West 162nd Place as a residential type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 16,800 square feet. The linear feet between the front and back of the lot was measured at 2,110 ft and the front of the lot was measured at 800 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3720 West 162nd Place has a total of 1,050 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 3720 West 162nd Place sold most recently in Sep 11, 2021 for a total of $140,000. If you work out the math, that's approximately a cost of $133.33 per sqft. Before that, the property was also sold for $65,500 in Jul 29, 1998. 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 $5,901 in taxes each year. 3720 West 162nd Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $12,000. If we break it down further, the land itself was valued at $3,780. Improvements to the property, however, were assessed at a total of $8,220. 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
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: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 16,800
  • Lot Size Depth Feet: 2,110
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,050
  • Gross Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,050
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCINTOSH & COS SOUTHTOWN MANOR UNIT4
  • Land Acres: 0.386
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A T (MCINTOSH) & COS (SOUTHTOWN) MANOR (UNIT4) SUB OF NE SEC 22 & NW S OF IBL IN SEC 23 SEC 23-36-13

Ownership

  • Current Owner : MAGRUDER RYAN S
  • Current Owner 2: DELARLO REGINA L
  • Previous Owner : YOUNG STEVEN D
  • Previous Owner 2: YOUNG SHARON
  • Owner Before Previous Owner: DAVIS FREDDIE E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Prairie-Hills Elementary School District 144
  • Census Tract: 825600

Geography

  • District: 13
  • Parcel: 28-23-121-012-0000
  • Block: 19
  • Lot: 4
  • Meridian: SEC 23 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5947
  • Longitude: -87.7077

    Address

  • Full Address: 3720 W 162nd Pl
  • Legal Unit: 4
  • Address - House Number: 3720
  • Street Direction: W
  • Address - Street Name: 162nd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Markham
  • Carrier Code: C028
  • 4-Digit Zip Code: 4414
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,901
  • Tax Rate Code Area: 13043

    Appraisal Valuation

  • Standard Deviation: 0.2618
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 62
  • Final Value: 137,942
  • High Value: 174,055
  • Low Value: 101,828

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,464
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 14, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $137,464
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $37,800
  • Market Improvement Value: $82,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $3,780
  • Assessed Improvements Value: $8,220

    Sales

  • Current Sale Contract Date: Sep 11, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Transaction ID: 11860068372
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2128704085
  • Previous Sale Recording Date: Aug 14, 1998
  • Previous Sale Contract Date: Jul 29, 1998
  • Previous Sale Amount: $65,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 14, 2021
  • First Mortgage Loan Amount: $137,464
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN STATES MTG
  • Previous Mortgage Transaction Date: Aug 14, 1998
  • Previous Mortgage Loan Amount: $67,450
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2028

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Frequently Asked Questions

What neighborhood is 3720 West 162nd Place located in?
The 3720 West 162nd Place is a located in the neighborhood of Bremen in Markham, Markham.
What is the average sales price for listings in 3720 West 162nd Place?
The average sales price for units in 3720 West 162nd Place is $0 currently.

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