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408 Sandburg Street

408 Sandburg Street, Park Forest, IL 60466
Property in Rich
Sold Aug 28, 1998
$92,000
$79,950 by City Mtg Inc
Mortgage Due Sep 01, 2028
408 Sandburg Street in Park Forest, IL was first built in 1958 and is 66 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 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 408 Sandburg Street has 1,121 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. 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. 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 good. 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 central air conditioning. As for heating, the home is utilizing a heating system. 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, 408 Sandburg Street sold most recently in Aug 25, 1998 for a total of $92,000. If you work out the math, that's approximately a cost of $82.07 per sqft. 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 $5,284 in taxes each year. 408 Sandburg Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,000. If we break it down further, the land itself was valued at $2,880. Improvements to the property, however, were assessed at a total of $13,120. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • 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: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 1,121
  • Gross Building Area: 1,121
  • Building Area: 1,121
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,121
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

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

Ownership

  • Current Owner : TAYLOR LEROY A
  • Previous Owner : GARG MOHAN L
  • Previous Owner 2: GARG ASHA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-24-431-005-0000
  • Block: 5
  • Lot: 5
  • Meridian: SEC 24 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5032
  • Longitude: -87.6775

    Address

  • Full Address: 408 Sandburg St
  • Address - House Number: 408
  • Address - Street Name: Sandburg
  • Address - Suffix Type: St
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C023
  • 4-Digit Zip Code: 1106
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,284
  • Tax Rate Code Area: 32018

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 159,285
  • High Value: 201,494
  • Low Value: 117,077

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $79,950
  • First Open Lien Mortgage Lender: CITY MTG INC
  • First Open Lien Mortgage Recording Date: Aug 28, 1998
  • First Open Lien Mortgage Loan Amount: $79,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2028

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $28,800
  • Market Improvement Value: $131,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $2,880
  • Assessed Improvements Value: $13,120

    Sales

  • Current Sale Contract Date: Aug 25, 1998
  • Current Sale Recording Date: Aug 28, 1998
  • Current Sale Transaction ID: 1177786480
  • Current Sale Price: $92,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 98770054

    Last Sale Mortgage

  • First Mortgage Lender: CITY MTG INC
  • First Mortgage Transaction Date: Aug 28, 1998
  • First Mortgage Loan Amount: $79,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2028

About Park Forest



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Frequently Asked Questions

What neighborhood is 408 Sandburg Street located in?
The 408 Sandburg Street is a located in the neighborhood of Rich in Park Forest, Park Forest.
What is the average sales price for listings in 408 Sandburg Street?
The average sales price for units in 408 Sandburg Street is $0 currently.

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