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8526 Westberry Lane

8526 Westberry Lane, Tinley Park, IL 60487
Property in Orland
Sold Jun 16, 2021
$189,000
$151,200 by Summit Funding Inc
Mortgage Due Jul 01, 2051
Sold Jan 05, 2006
$179,000
$179,000 by Americas Wholesale Lender
Mortgage Due Jan 01, 2036
8526 Westberry Lane in Tinley Park, IL was first built in 1989 and is 35 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 8526 Westberry Lane has 1,400 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 linear feet across the front of the lot is 1,130 ft and the linear feet between the front and back of the lot is 800. In total, the area measurement of the land is 294,209 square feet.

Learn more about the property and building on this page. 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, 8526 Westberry Lane was last sold in Jun 10, 2021 for $189,000. According to our calculations, that's $135.00 per sqft. Prior to that sales transaction, the property was sold for $179,000 in Dec 27, 2005. Current property owners are expected to pay $5,025 in taxes per year. The property on 8526 Westberry Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $19,059. To break that down further, the land itself was valued at $2,305. While improvements to the property were assessed at a total of $16,754. 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: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 294,209
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 1,400
  • Gross Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTBERRY VILLAGE 03 CONDO
  • Land Acres: 6.754
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : LOBO ADALGISA HELENA
  • Previous Owner : GEORGESCU OVIDU R
  • Previous Owner 2: GEORGESCU ALINA
  • Owner Before Previous Owner: RAMIEREZ RONALD J
  • Owner Before Previous Owner 2: RAMIREZ RONALD J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 824121

Geography

  • District: 28
  • Parcel: 27-23-116-023-1044
  • Meridian: SEC 23 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.5994
  • Longitude: -87.8256

    Address

  • Full Address: 8526 Westberry Ln
  • Address - House Number: 8526
  • Address - Street Name: Westberry
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Tinley Park
  • Carrier Code: R007
  • 4-Digit Zip Code: 7537
  • Zip Code: 60487

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,025
  • Tax Rate Code Area: 28013

    Appraisal Valuation

  • Standard Deviation: 0.1944
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 226,443
  • High Value: 270,474
  • Low Value: 182,413

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $151,200
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Jun 16, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $151,200
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $190,590
  • Market Land Value: $23,050
  • Market Improvement Value: $167,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,059
  • Assessed Land Value: $2,305
  • Assessed Improvements Value: $16,754

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Transaction ID: 11840568108
  • Current Sale Price: $189,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2116728147
  • Previous Sale Recording Date: Jan 05, 2006
  • Previous Sale Contract Date: Dec 27, 2005
  • Previous Sale Amount: $179,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Jun 16, 2021
  • First Mortgage Loan Amount: $151,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Jan 05, 2006
  • Previous Mortgage Loan Amount: $179,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2036

About Tinley Park



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Frequently Asked Questions

What neighborhood is 8526 Westberry Lane located in?
The 8526 Westberry Lane is a located in the neighborhood of Orland in Tinley Park, Tinley Park.
What is the average sales price for listings in 8526 Westberry Lane?
The average sales price for units in 8526 Westberry Lane is $0 currently.

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