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8460 West Blackthorne Way

8460 West Blackthorne Way, Frankfort, IL 60423
Property in Green Garden
Sold Nov 13, 2020
$410,000
$410,000 by The Federal Savings Bank
Mortgage Due Oct 01, 2050
Sold Sep 30, 2002
$75,000
This has been categorized as a residential property type. In total, the area measurement of the land is 109,771 square feet.

Learn more about the property and building on this page. 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, 8460 West Blackthorne Way sold most recently in Sep 8, 2020 for a total of $410,000. Before that, the property was also sold for $75,000 in Sep 19, 2002. 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 $8,018 in taxes each year. 8460 West Blackthorne Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $145,796. If we break it down further, the land itself was valued at $35,897. Improvements to the property, however, were assessed at a total of $109,899. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 109,771
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ERINWOOD ESTATES
  • Land Acres: 2.52
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 11 IN ERINWOOD ESTATES, BEING A SUB OF PRT OF THE S1/2 OF THE SW1/4 OF SEC. 11, T34N-R12E.

Ownership

  • Current Owner : GRAVES CHRISTOPHER S
  • Previous Owner : THE CHICAGO TRUST COMPANY
  • Owner Before Previous Owner: OUTBACK PROPERTIES LTD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Peotone Community Unit School District 207U
  • Census Tract: 883507

Geography

  • Parcel: 18-13-11-302-004
  • Lot: 11
  • Meridian: SEC 11 TWN 34N RNG 12E
  • Municipality: GREEN GARDEN
  • Latitude: 41.4435
  • Longitude: -87.8184

    Address

  • Full Address: 8460 W Blackthorne Way
  • Address - House Number: 8460
  • Street Direction: W
  • Address - Street Name: Blackthorne
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Frankfort
  • Carrier Code: R001
  • 4-Digit Zip Code: 1297
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,018
  • Tax Rate Code Area: 1804

    Appraisal Valuation

  • Standard Deviation: 0.1473
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 541,298
  • High Value: 621,055
  • Low Value: 461,542

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $455,000
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Nov 13, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $410,000
  • 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: Oct 01, 2050
  • Second Open Lien Mortgage Lender: METRO FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Aug 12, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $45,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 05, 2042

    Market Valuation

  • Market Total Value: $437,388
  • Market Land Value: $107,691
  • Market Improvement Value: $329,697

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $145,796
  • Assessed Land Value: $35,897
  • Assessed Improvements Value: $109,899

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 08, 2020
  • Current Sale Recording Date: Nov 13, 2020
  • Current Sale Transaction ID: 11799722108
  • Current Sale Price: $410,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2020101528
  • Previous Sale Recording Date: Sep 30, 2002
  • Previous Sale Contract Date: Sep 19, 2002
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Nov 13, 2020
  • First Mortgage Loan Amount: $410,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Will



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Frequently Asked Questions

What neighborhood is 8460 West Blackthorne Way located in?
The 8460 West Blackthorne Way is a located in the neighborhood of Green Garden in Will, Frankfort.
What is the average sales price for listings in 8460 West Blackthorne Way?
The average sales price for units in 8460 West Blackthorne Way is $0 currently.

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