NOT LISTED FOR SALE

14700 Lorel Ave Oak Forest, IL 60452

Estimated Value: $390,000 - $451,000

4 Beds
3 Baths
2,700 Sq Ft
$155/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $267,000 $99 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,746/month

8 Days on Market

Highlights

  • Spa
  • Mature Trees
  • Ranch Style House
  • Oak Forest High School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of August 2019

Nestled on nearly 1/2 acre on a private street across from Midlothian CC, this immaculate over 2700 sqft ranch boasts everything you want in one level living! Featuring 4 beds & 3 full baths; space & privacy will never be an issue. Gleaming & newly refinished HW floors welcome you into a light-filled living & dining area. Relax in the expansive family room w/ cathedral ceilings & wood burning fireplace, or retreat to the sprawling private master suite accommodating not only a bedroom & bathroom, but also a sitting area & office/rec space offering so many options! Not to be forgotten are the 3 impressively sized bedrooms (including a 2nd MASTER w/ walk-in closet & en-suite bath) situated in an alternate wing of this well-appointed home! This property is an entertainer's dream w/ a large galley kitchen highlighted by tons of counter space, newer appliances (including a double oven) & a gorgeous view of a private courtyard. Attached 3-car garage+ 3-car outdoor pad. MUST SEE

Last Agent to Sell the Property

Ashley Dirks

Fathom Realty IL LLC License #475162368 Listed on: 06/03/2019

Fathom Realty IL LLC

Last Buyer's Agent

Shauntell Lawrence

NextHome Dream Big Realty License #471021211

NextHome Dream Big Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,022

Year Built

  • Built in 1957

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 105 x 200
  • Corner Lot
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,700 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Sitting Room
  • Combination Dining and Living Room
  • Home Office
  • Wood Flooring
  • Crawl Space

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

  • Ranch

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,022

Year Built

Built in 1957

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 2700
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Sitting Room, Office, Foyer, Mud Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Full,Unfinished

Exterior Features

  • ExteriorFeatures: Patio, Hot Tub, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 262500
  • Lot Features: Corner Lot, Dimensions to Center of Road, Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Off Street
  • ParkingTotal: 3
  • Number of Cars: 6
  • Driveway: Asphalt
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 142

Lot Info

  • Lot Size Acres: 0.4857
  • Lot Dimensions: 105 X 200
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7022.27
  • Tax Year: 2017
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Aug 16, 2019
Sold by
Smiley Kim
Bought by
Tibbs Roy and Tibbs Sonia
Seller's Agent
Ashley Dirks
Fathom Realty IL LLC
Buyer's Agent
Shauntell Lawrence
NextHome Dream Big Realty
List Price
$262,500
Sold Price
$267,000
Premium/Discount to List
$4,500
1.71%
Current Estimated Value
$419,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,117
Avg. Annual Appreciation
7.54%
Original Mortgage
$262,163
Outstanding Balance
$234,309
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$184,808

Purchase Details

Closed on
Dec 9, 2016
Sold by
Chicago Title Land Trust Co
Bought by
Smiley Kim

Purchase Details

Closed on
Sep 29, 2014
Sold by
Smiley Kim
Bought by
Chicago Title Land Trust Company and Trust #8002366100

Purchase Details

Listed on
Feb 21, 2013
Closed on
Jul 31, 2013
Sold by
Cullinane Michael and Marrotta Katherine
Bought by
Smiley Kim A
Seller's Agent
Bruce La Ha
RE/MAX 10
Buyer's Agent
Pre Lathan
McColly Real Estate
List Price
$230,050
Sold Price
$210,000
Premium/Discount to List
-$20,050
-8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$199,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2007
Sold by
Cullinane Michael
Bought by
Cullinane Michael and Marrotta Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,500
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2002
Sold by
Nelson Henry and Nelson Marcy
Bought by
Cullinane Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.34%

Purchase Details

Closed on
Dec 10, 1993
Sold by
Leonard Margaret M
Bought by
Nelson Henry and Nelson Marcy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.26%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tibbs Roy $267,000 First American Title
Smiley Kim -- None Available
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Smiley Kim A $210,000 Fidelity National Title
Cullinane Michael -- Law Title
Cullinane Michael $152,000 --
Nelson Henry $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tibbs Roy $262,163
Previous Owner Smiley Kim A $199,500
Previous Owner Cullinane Michael $399,500
Previous Owner Cullinane Michael $121,600
Previous Owner Nelson Henry $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2019 08/16/19 Sold $267,000 +1.7% $99 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $262,500 +25.0% $97 / Sq Ft
07/31/2013 07/31/13 Sold $210,000 -8.7% $94 / Sq Ft View Prior Sale
06/19/2013 06/19/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $230,050 0.0% $103 / Sq Ft
04/06/2013 04/06/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $230,050 -- $103 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,580 $27,000 $9,521 $17,479
2023 $7,393 $27,000 $9,521 $17,479
2022 $7,393 $24,449 $8,463 $15,986
2021 $7,284 $24,448 $8,462 $15,986
2020 $8,404 $24,448 $8,462 $15,986
2019 $7,369 $21,724 $7,933 $13,791
2018 $6,970 $21,724 $7,933 $13,791
2017 $7,022 $21,724 $7,933 $13,791
2016 $6,692 $19,497 $7,404 $12,093
2015 $7,819 $19,497 $7,404 $12,093
2014 $7,592 $19,497 $7,404 $12,093
2013 $6,119 $20,159 $7,404 $12,755
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10402373

Midwest Real Estate Data (MRED)

APN: 28-09-301-022-0000