Check Availability

725 Tanglewood Lane

725 Tanglewood Lane, Frankfort, IL 60423
Property in Frankfort
Sold May 13, 2021
$315,000
$299,250 by Wintrust Mortgage
Mortgage Due Jun 01, 2051
Sold Aug 23, 2018
$240,000
$228,000 by Wintrust Mortgage
Mortgage Due Jul 01, 2048
Local assessors in Frankfort, IL have categorized 725 Tanglewood 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 14,254 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 725 Tanglewood Lane has a total of 2,020 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 brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in May 6, 2021 for $315,000. That's $155.94 per sqft. Prior to that sales transaction, the property was also sold in Jun 5, 2018 for $240,000. 725 Tanglewood Lane was last assessed in 2022. The total value of the property was assessed at $90,402. Specifically, the land the property is located on was valued at $22,420. While improvements on the property were assessed at a total of $67,982. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,163. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 440
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,254
  • Total Building Area: 2,020
  • Building Area: 2,020
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 2,020
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TANGLEWOOD
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 17 IN TANGLEWOOD UNIT 1, IN THE W1/2 OF THE NW1/4 OF SEC. 21, T35N-R12E

Ownership

  • Current Owner : KAPMARSKI RITA A
  • Previous Owner : QUINN ARAN
  • Previous Owner 2: QUINN JENNA
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Frankfort Community Consolidated School District 157C
  • Census Tract: 883515

Geography

  • Parcel: 19-09-21-119-014
  • Lot: 17
  • Meridian: SEC 21 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5126
  • Longitude: -87.8664

    Address

  • Full Address: 725 Tanglewood Ln
  • Legal Unit: 1
  • Address - House Number: 725
  • Address - Street Name: Tanglewood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Frankfort
  • Carrier Code: C003
  • 4-Digit Zip Code: 1047
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,163
  • Tax Rate Code Area: 1906

    Appraisal Valuation

  • Standard Deviation: 0.1496
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 362,665
  • High Value: 416,927
  • Low Value: 308,403

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $299,250
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: May 13, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $299,250
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $271,206
  • Market Land Value: $67,260
  • Market Improvement Value: $203,946

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,402
  • Assessed Land Value: $22,420
  • Assessed Improvements Value: $67,982

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 06, 2021
  • Current Sale Recording Date: May 13, 2021
  • Current Sale Transaction ID: 11835062928
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021053659
  • Previous Sale Recording Date: Aug 23, 2018
  • Previous Sale Contract Date: Jun 05, 2018
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: May 13, 2021
  • First Mortgage Loan Amount: $299,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WINTRUST MORTGAGE
  • Previous Mortgage Transaction Date: Aug 23, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $228,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2048

About Frankfort



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 725 Tanglewood Lane located in?
The 725 Tanglewood Lane is a located in the neighborhood of Frankfort in Frankfort, Frankfort.
What is the average sales price for listings in 725 Tanglewood Lane?
The average sales price for units in 725 Tanglewood Lane is $0 currently.

Quantcast