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8506 Thorngate Drive

8506 Thorngate Drive, Orland Park, IL 60462
House in Orland
Sold Aug 23, 2021
$410,000
$300,000 by United Wholesale Mortgage
Mortgage Due Sep 01, 2036
Sold Jul 30, 2013
$370,000
$340,000 by Draper & Kramer Mortgage Corp
Mortgage Due Aug 01, 2043
8506 Thorngate Drive has been categorized by the local assessors in Orland Park, IL as a residential type of property. The building on the property was first built in 1989 and is 35 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8506 Thorngate Drive has 2,904 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 1,400 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 11,200 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 attached garage for those who require parking. According to our sources, there are a total of 3 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 8506 Thorngate Drive was last sold in Aug 13, 2021 for $410,000. According to our calculations, that's $141.18 per sqft. Prior to that sales transaction, the property was sold for $370,000 in Jul 19, 2013. Current property owners are expected to pay $9,990 in taxes per year. The property on 8506 Thorngate Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $54,000. To break that down further, the land itself was valued at $7,840. While improvements to the property were assessed at a total of $46,160. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 11,200
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,904
  • Gross Building Area: 2,904
  • Building Area: 2,904
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,904
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORLAND GOLF VIEW UNIT10
  • Land Acres: 0.257
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ORLAND) (GOLF) (VIEW) (UNIT10) A SUB OF PT OF THE EH OF THE SW SEC 14-36-12

Ownership

  • Current Owner : MATHEW ROBIN A
  • Current Owner 2: MATHEW RAJANI
  • Previous Owner : ADAMS JEREMIAH
  • Previous Owner 2: PATTI AMY
  • Owner Before Previous Owner: BERENSON JEFFERY S
  • Owner Before Previous Owner 2: BERENSON BETH A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 824107

Geography

  • District: 28
  • Parcel: 27-14-307-014-0000
  • Lot: 727
  • Meridian: SEC 14 TWN 36N RNG 12E
  • Municipality: ORLAND
  • Latitude: 41.6089
  • Longitude: -87.8266

    Address

  • Full Address: 8506 Thorngate Dr
  • Legal Unit: 10
  • Address - House Number: 8506
  • Address - Street Name: Thorngate
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Orland Park
  • Carrier Code: C026
  • 4-Digit Zip Code: 5992
  • Zip Code: 60462

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,990
  • Tax Rate Code Area: 28011

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 530,270
  • High Value: 651,352
  • Low Value: 409,188

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 23, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Market Valuation

  • Market Total Value: $540,000
  • Market Land Value: $78,400
  • Market Improvement Value: $461,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,000
  • Assessed Land Value: $7,840
  • Assessed Improvements Value: $46,160

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Aug 23, 2021
  • Current Sale Transaction ID: 11850689663
  • Current Sale Price: $410,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2123525079
  • Previous Sale Recording Date: Jul 30, 2013
  • Previous Sale Contract Date: Jul 19, 2013
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Aug 23, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 30, 2013
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $340,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2043

About Orland Park



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Frequently Asked Questions

What neighborhood is 8506 Thorngate Drive located in?
The 8506 Thorngate Drive is a house located in the neighborhood of Orland in Orland Park, Orland Park.
What is the average sales price for listings in 8506 Thorngate Drive?
The average sales price for units in 8506 Thorngate Drive is $0 currently.

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