NOT LISTED FOR SALE

15938 Lorel Ave Oak Forest, IL 60452

Estimated Value: $220,000 - $254,000

3 Beds
1 Bath
1,000 Sq Ft
$233/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $213,900 $214 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,686/month

33 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Living Room
  • 1-Story Property
  • Oak Forest High School Rated A-
  • Laundry Room
  • 5-minute walk to Lagoon Park

About This Home

As of October 2023

Come see this freshly remodeled/rehabbed Gem in Oak Forest. Nice large lot with side drive that leads to large 2.5 car garage. All 3 bedrooms are a nice size. All brand new High end Waterproof Nucor Luxury vinyl planks throughout. All new paint and trim throughout. Furnace and Hot water tank are just a couple years old. Bathroom was completely redone and has quartz countertop. This is a great house. Must see in person to appreciate as this house shows great. House is approved for occupancy and ready to go by The City of Oak Forest. NOT ACCEPTING FHA

Last Agent to Sell the Property

Joe Nardulli

Good Realty Co License #471004660 Listed on: 07/21/2023

Last Buyer's Agent

Cheryl Morlock

EXIT Strategy Realty License #475186288

EXIT Strategy Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,301

Year Built

  • Built in 1964 | Remodeled in 2023

Lot Details

  • Lot Dimensions are 35x125

Parking

  • 2.5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,301

Year Built

Built in 1964 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Vinyl
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 213900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 228

Lot Info

  • Lot Dimensions: 35X125
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2300.52
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Oct 2, 2023
Sold by
Square One Investments Llc
Bought by
Sherman Alexander
Seller's Agent
Joe Nardulli
Good Realty Co
Buyer's Agent
Cheryl Morlock
EXIT Strategy Realty
List Price
$213,900
Sold Price
$213,900
Views
189
Current Estimated Value
$233,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,444
Avg. Annual Appreciation
4.34%
Original Mortgage
$6,000
Outstanding Balance
$5,884
Interest Rate
7.23%
Estimated Equity
$227,460

Purchase Details

Closed on
Oct 1, 2022
Sold by
John R Hilton R and John Joan A
Bought by
Square One Investments Llc

Purchase Details

Closed on
Dec 3, 2015
Sold by
Hilton John R and Hilton Joan A
Bought by
John R Hilton & Joan A Hilton Revocable

Purchase Details

Closed on
Dec 15, 2006
Sold by
Garcia Gabriel and Nutter April
Bought by
Hilton John and Hilton Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 23, 2000
Sold by
Hud
Bought by
Garcia Gabriel and Nutter April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
11.45%

Purchase Details

Closed on
Dec 10, 1999
Sold by
Manaseri Scott B
Bought by
Hud

Purchase Details

Closed on
Aug 30, 1996
Sold by
Olvera Ramona
Bought by
Manaseri Scott B and Zacek Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,272
Interest Rate
8.29%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Sherman Alexander $214,000 Chicago Title
Square One Investments Llc $143,000 Chicago Title
John R Hilton & Joan A Hilton Revocable -- Attorney
Hilton John $195,000 Pntn
Garcia Gabriel -- --
Hud -- --
Manaseri Scott B $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Alexander $6,000
Open Sherman Alexander $207,400
Previous Owner Hilton John $156,000
Previous Owner Garcia Gabriel $81,600
Previous Owner Manaseri Scott B $103,272
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2023 10/02/23 Sold $213,900 0.0% $214 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $213,900 0.0% $214 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $213,900 0.0% $214 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $213,900 -- $214 / 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 $5,425 $15,000 $2,970 $12,030
2023 $2,422 $15,000 $2,970 $12,030
2022 $2,422 $15,902 $2,640 $13,262
2021 $2,301 $15,902 $2,640 $13,262
2020 $2,066 $15,902 $2,640 $13,262
2019 $2,340 $13,005 $2,475 $10,530
2018 $2,292 $13,005 $2,475 $10,530
2017 $2,242 $14,758 $2,475 $12,283
2016 $3,433 $11,845 $2,310 $9,535
2015 $4,065 $11,845 $2,310 $9,535
2014 $3,988 $11,845 $2,310 $9,535
2013 $3,563 $11,933 $2,310 $9,623
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11838704

Midwest Real Estate Data (MRED)

APN: 28-21-101-018-0000