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637 Park Drive

637 Park Drive, Flossmoor, IL 60422
Property in Rich
Sold Jul 23, 2021
$295,000
$236,000 by Navy Fcu
Mortgage Due Aug 01, 2051
Sold Apr 30, 2015
$285,000
$228,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2045
Local assessors in Flossmoor, IL have categorized 637 Park Drive as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 15,050 square feet. The linear feet between the front and back of the lot was measured at 1,750 ft and the front of the lot was measured at 860 ft. 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 8 rooms in the home. Of these, 5 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 637 Park Drive has a total of 2,854 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 masonry 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. 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, 637 Park Drive was last sold in Apr 14, 2021 for $295,000. According to our calculations, that's $103.36 per sqft. Prior to that sales transaction, the property was sold for $285,000 in Apr 13, 2015. Current property owners are expected to pay $12,270 in taxes per year. The property on 637 Park Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $35,345. To break that down further, the land itself was valued at $8,278. While improvements to the property were assessed at a total of $27,067. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,050
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,854
  • Gross Building Area: 2,854
  • Building Area: 2,854
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,854
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BRAEMER SUB
  • Land Acres: 0.346
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (BRAEMER) SUB OF PT OF SE OF NW & PT OF SW NE SEC 01-35-13

Ownership

  • Current Owner : MORRISON MICHAEL E
  • Current Owner 2: LYLES MORRISON ANGELA
  • Previous Owner : ADKINS ERIC
  • Previous Owner 2: ADKINS DARA
  • Owner Before Previous Owner: VAUGHN MARK B
  • Owner Before Previous Owner 2: VAUGHN MARY KEITH
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 829800

Geography

  • District: 32
  • Parcel: 31-01-401-016-0000
  • Block: 2
  • Lot: 2
  • Meridian: SEC 01 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5503
  • Longitude: -87.6831

    Address

  • Full Address: 637 Park Dr
  • Address - House Number: 637
  • Address - Street Name: Park
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Flossmoor
  • Carrier Code: C002
  • 4-Digit Zip Code: 1116
  • Zip Code: 60422

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,270
  • Tax Rate Code Area: 32012

    Appraisal Valuation

  • Standard Deviation: 0.2353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 389,118
  • High Value: 480,699
  • Low Value: 297,537

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $236,000
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Jul 23, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $236,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $353,450
  • Market Land Value: $82,780
  • Market Improvement Value: $270,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,345
  • Assessed Land Value: $8,278
  • Assessed Improvements Value: $27,067

    Sales

  • Current Sale Contract Date: Apr 14, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Transaction ID: 11844834184
  • Current Sale Price: $295,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2120401131
  • Previous Sale Recording Date: Apr 30, 2015
  • Previous Sale Contract Date: Apr 13, 2015
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Jul 23, 2021
  • First Mortgage Loan Amount: $236,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 30, 2015
  • Previous Mortgage Loan Amount: $228,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2045

About Flossmoor



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Frequently Asked Questions

What neighborhood is 637 Park Drive located in?
The 637 Park Drive is a located in the neighborhood of Rich in Flossmoor, Flossmoor.
What is the average sales price for listings in 637 Park Drive?
The average sales price for units in 637 Park Drive is $0 currently.

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