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85 North Orchard Drive

85 North Orchard Drive, Park Forest, IL 60466
Property in Rich
Sold Nov 12, 2003
$125,000
$123,322 by The First Mortgage Corp
Mortgage Due Nov 01, 2033
Sold Dec 24, 1996
$94,000
$75,200 by National Mtg
Mortgage Due Jan 01, 2027
85 North Orchard Drive has been categorized by the local assessors in Park Forest, IL as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The home has a total of 4 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 85 North Orchard Drive has 1,088 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,430 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 8,580 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 85 North Orchard Drive sold most recently in Oct 30, 2003 for a total of $125,000. If you work out the math, that's approximately a cost of $114.89 per sqft. Before that, the property was also sold for $94,000 in Dec 6, 1996. 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 $6,948 in taxes each year. 85 North Orchard Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,000. If we break it down further, the land itself was valued at $3,432. Improvements to the property, however, were assessed at a total of $12,568. 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: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,580
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,088
  • Gross Building Area: 1,088
  • Building Area: 1,088
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,088
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF PARK FOREST FIRST ADD TO WEST
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (VILLAGE) OF PARK (FOREST) (FIRST) ADD TO (WESTWOOD) SUB OF PT SOUTH OF COMM ED ROW & SE NE SEC26 LYG SOUTH OF E.J.&E.RR ROW

Ownership

  • Current Owner : HAMPTON CORNELL
  • Current Owner 2: HAMPTON CANENA
  • Previous Owner : PROCHASKA JOHN W
  • Owner Before Previous Owner: DAVID STEPHEN F
  • Owner Before Previous Owner 2: DAVID SANDRA K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Rich Township High School District 227
  • Census Tract: 830300

Geography

  • District: 32
  • Parcel: 31-25-205-006-0000
  • Block: 30
  • Lot: 4
  • Meridian: SEC 26 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4922
  • Longitude: -87.6822

    Address

  • Full Address: 85 N Orchard Dr
  • Address - House Number: 85
  • Street Direction: N
  • Address - Street Name: Orchard
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C026
  • 4-Digit Zip Code: 1323
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,948
  • Tax Rate Code Area: 32021

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 151,297
  • High Value: 191,389
  • Low Value: 111,205

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $123,322
  • First Open Lien Mortgage Lender: THE FIRST MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 12, 2003
  • First Open Lien Mortgage Loan Amount: $123,322
  • 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: Nov 01, 2033

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $34,320
  • Market Improvement Value: $125,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $3,432
  • Assessed Improvements Value: $12,568

    Sales

  • Current Sale Contract Date: Oct 30, 2003
  • Current Sale Recording Date: Nov 12, 2003
  • Current Sale Transaction ID: 1080462668
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0331620045
  • Previous Sale Recording Date: Dec 24, 1996
  • Previous Sale Contract Date: Dec 06, 1996
  • Previous Sale Amount: $94,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FIRST MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 12, 2003
  • First Mortgage Loan Amount: $123,322
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL MTG
  • Previous Mortgage Transaction Date: Dec 24, 1996
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $75,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2027

About Park Forest



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Frequently Asked Questions

What neighborhood is 85 North Orchard Drive located in?
The 85 North Orchard Drive is a located in the neighborhood of Rich in Park Forest, Park Forest.
What is the average sales price for listings in 85 North Orchard Drive?
The average sales price for units in 85 North Orchard Drive is $0 currently.

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