Check Availability

7353 Ridgefield Lane

7353 Ridgefield Lane, Tinley Park, IL 60487
Property in Frankfort
Sold Mar 23, 2018
$385,000
$372,099 by American Portfolio Mortgage Co
Mortgage Due Apr 01, 2048
Sold Jul 24, 2015
$312,450
$249,960 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2045
7353 Ridgefield Lane in Tinley Park, IL was first built in 2005 and is 19 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7353 Ridgefield Lane has 3,339 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. The basement is 730 sqft and has been categorized as a full basement. In total, the area measurement of the land is 14,303 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. There are a total of 3 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Mar 2, 2018 for $385,000. That's $115.30 per sqft. Prior to that sales transaction, the property was also sold in Jul 4, 2015 for $312,450. 7353 Ridgefield Lane was last assessed in 2022. The total value of the property was assessed at $145,035. Specifically, the land the property is located on was valued at $29,004. While improvements on the property were assessed at a total of $116,031. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $14,098. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 730
  • Garage Type: Attached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 14,303
  • Total Building Area: 3,339
  • Building Area: 3,339
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 3,339
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROOKSIDE GLEN P U D UNIT 7
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1010 IN BROOKSIDE GLEN PUD UNIT 7, BEING A SUB OF PRT OF THE NW1/4 THE NE1/4 OF SEC. 12, T35N-R12E.

Ownership

  • Current Owner : ORMOND AARON
  • Current Owner 2: ORMOND JAIME M
  • Previous Owner : ORMOND JAMES
  • Previous Owner 2: ORMOND MELISSA M
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Summit Hill School District 161
  • Census Tract: 883514

Geography

  • Parcel: 19-09-12-203-026
  • Lot: 1010
  • Meridian: SEC 12 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5372
  • Longitude: -87.7977

    Address

  • Full Address: 7353 Ridgefield Ln
  • Legal Unit: 7
  • Address - House Number: 7353
  • Address - Street Name: Ridgefield
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: R017
  • 4-Digit Zip Code: 5542
  • Zip Code: 60487

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,098
  • Tax Rate Code Area: 1961

    Appraisal Valuation

  • Standard Deviation: 0.1537
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 528,169
  • High Value: 609,365
  • Low Value: 446,973

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $372,099
  • First Open Lien Mortgage Lender: AMERICAN PORTFOLIO MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Mar 23, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $372,099
  • 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: Apr 01, 2048

    Market Valuation

  • Market Total Value: $435,105
  • Market Land Value: $87,012
  • Market Improvement Value: $348,093

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $145,035
  • Assessed Land Value: $29,004
  • Assessed Improvements Value: $116,031

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 02, 2018
  • Current Sale Recording Date: Mar 23, 2018
  • Current Sale Transaction ID: 11438834115
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2018019959
  • Previous Sale Recording Date: Jul 24, 2015
  • Previous Sale Contract Date: Jul 04, 2015
  • Previous Sale Amount: $312,450
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PORTFOLIO MORTGAGE CO
  • First Mortgage Transaction Date: Mar 23, 2018
  • First Mortgage Loan Amount: $372,099
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Jul 24, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $249,960
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2045

About Tinley Park



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7353 Ridgefield Lane located in?
The 7353 Ridgefield Lane is a located in the neighborhood of Frankfort in Tinley Park, Tinley Park.
What is the average sales price for listings in 7353 Ridgefield Lane?
The average sales price for units in 7353 Ridgefield Lane is $0 currently.

Quantcast