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7433 West Hawthorne Lane

7433 West Hawthorne Lane, Frankfort, IL 60423
Property in Frankfort
Sold Oct 01, 2021
$265,000
$260,200 by United Wholesale Mortgage
Mortgage Due Oct 01, 2051
Local assessors in Frankfort, IL have categorized 7433 West Hawthorne Lane as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 7,822 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level 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, 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 is one full bathroom. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 7433 West Hawthorne Lane has a total of 1,337 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 wood 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 gable or hip style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a central 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, 7433 West Hawthorne Lane sold most recently in Sep 12, 2021 for a total of $265,000. If you work out the math, that's approximately a cost of $198.20 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 $6,944 in taxes each year. 7433 West Hawthorne Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $82,057. If we break it down further, the land itself was valued at $17,097. Improvements to the property, however, were assessed at a total of $64,960. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1973
  • Effective Year Built: 1973
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Bi-level
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Basement Type: Unspecified basement
  • Basement Area: 437
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,822
  • Total Building Area: 1,337
  • Building Area: 1,337
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,337
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRANKFORT SQUARE UNIT #10
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 BLOCK 32 IN FRANKFORT SQUARE UNIT 10, BEING A SUB OF PRT OF THE W1/2 OF THE NE1/4 OF SEC. 24, T35N-R12E.

Ownership

  • Current Owner : DAVIS JONATHAN ADAM
  • Current Owner 2: DAVIS AMBER SIMONE
  • Previous Owner : COIT EDWARD EARL
  • Previous Owner 2: ESTATE OF MARGARET E BESHIR
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Summit Hill School District 161
  • Census Tract: 883505

Geography

  • Parcel: 19-09-24-205-015
  • Block: 32
  • Lot: 3
  • Meridian: SEC 24 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5124
  • Longitude: -87.7965

    Address

  • Full Address: 7433 W Hawthorne Ln
  • Legal Unit: 10
  • Address - House Number: 7433
  • Street Direction: W
  • Address - Street Name: Hawthorne
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Frankfort
  • Carrier Code: R011
  • 4-Digit Zip Code: 9086
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,944
  • Tax Rate Code Area: 1924

    Appraisal Valuation

  • Standard Deviation: 0.2023
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 72
  • Final Value: 294,320
  • High Value: 353,877
  • Low Value: 234,764

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,200
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $260,200
  • 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: $246,171
  • Market Land Value: $51,291
  • Market Improvement Value: $194,880

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,057
  • Assessed Land Value: $17,097
  • Assessed Improvements Value: $64,960

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 12, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Transaction ID: 11858033219
  • Current Sale Price: $265,000
  • Current Sale Document Type: Administrator's Deed
  • Current Sale Input Document Number: R2021108188

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 01, 2021
  • First Mortgage Loan Amount: $260,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 7433 West Hawthorne Lane located in?
The 7433 West Hawthorne Lane is a located in the neighborhood of Frankfort in Frankfort Square, Frankfort.
What is the average sales price for listings in 7433 West Hawthorne Lane?
The average sales price for units in 7433 West Hawthorne Lane is $0 currently.

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