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5711 Kathryn Lane

5711 Kathryn Lane, Matteson, IL 60443
Property in Rich
Sold Dec 07, 2021
$295,000
$289,656 by American Pacific Mortgage Corp
Mortgage Due Jun 01, 2051
Sold Jul 01, 2005
$253,000
$240,220 by American Home Mortgage Accepta
Mortgage Due Jul 01, 2035
Local assessors in Matteson, IL have categorized 5711 Kathryn Lane as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 9,360 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5711 Kathryn Lane has a total of 2,309 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 are 2 available parking spaces so it's a great situation for those with more than one car. 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 frame 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 wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5711 Kathryn Lane sold most recently in May 26, 2021 for a total of $295,000. If you work out the math, that's approximately a cost of $127.76 per sqft. Before that, the property was also sold for $253,000 in May 20, 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 $9,249 in taxes each year. 5711 Kathryn Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $28,000. If we break it down further, the land itself was valued at $5,148. Improvements to the property, however, were assessed at a total of $22,852. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,360
  • Total Building Area: 2,309
  • Gross Building Area: 2,309
  • Building Area: 2,309
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,309
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VIRGINIA ESTATES PH 02
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WHITE MATTHEW
  • Current Owner 2: WHITE LOLITA
  • Previous Owner : KELLY RENEE P
  • Owner Before Previous Owner: GREAT LAKES TRUST CO NA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830003

Geography

  • District: 32
  • Parcel: 31-17-407-024-0000
  • Lot: 41
  • Municipality: RICH
  • Latitude: 41.52
  • Longitude: -87.7544

    Address

  • Full Address: 5711 Kathryn Ln
  • Address - House Number: 5711
  • Address - Street Name: Kathryn
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Matteson
  • Carrier Code: C004
  • 4-Digit Zip Code: 1259
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,249
  • Tax Rate Code Area: 32029

    Appraisal Valuation

  • Standard Deviation: 0.2364
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 334,862
  • High Value: 414,024
  • Low Value: 255,700

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $302,964
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 07, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $289,656
  • 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: Jun 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Dec 08, 2022
  • Second Open Lien Mortgage Loan Amount: $13,308
  • Second Open Lien Mortgage Term: 341
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $51,480
  • Market Improvement Value: $228,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $5,148
  • Assessed Improvements Value: $22,852

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Transaction ID: 11872677952
  • Current Sale Price: $295,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2134149118
  • Previous Sale Recording Date: Jul 01, 2005
  • Previous Sale Contract Date: May 20, 2005
  • Previous Sale Amount: $253,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 07, 2021
  • First Mortgage Loan Amount: $289,656
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HOME MORTGAGE ACCEPTA
  • Previous Mortgage Transaction Date: Jul 01, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $240,220
  • 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: Jul 01, 2035

About Matteson



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Frequently Asked Questions

What neighborhood is 5711 Kathryn Lane located in?
The 5711 Kathryn Lane is a located in the neighborhood of Rich in Matteson, Matteson.
What is the average sales price for listings in 5711 Kathryn Lane?
The average sales price for units in 5711 Kathryn Lane is $0 currently.

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