NOT LISTED FOR SALE

16001 Lorel Ave Oak Forest, IL 60452

Estimated Value: $378,789

3 Beds
2 Baths
1,750 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 13, 2024

Last sale price $375,000 $214 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,950/month

90 Days on Market

Highlights

  • Open Floorplan
  • Property is near park
  • Corner Lot
  • Oak Forest High School Rated A-
  • Ranch Style House
  • 4-minute walk to Lagoon Park

About This Home

As of December 2024

BUILT IN 2021! NICE OPEN CONCEPT IN THE HEART OF OAK FOREST. CLOSE TO THE METRA, 57, LAGOON POND, OAK FOREST PRESERVE AND GOLF COURSE. CHEF'S KITCHEN FEATURES A LARGE ISLAND, QUARTS COUNTERS WITH PLENTY OF COUNTER SPACE. STAINLESS STEEL APPLIANCES AND A WALK IN PANTRY. LARGE MASTER BEDROOM WITH ENSUITE BATHROOM, DUAL VANITIES, SEPERATE TUB & SHOWER. TWO ADDITIONAL BEDROOMS SHARE A FULL BATH. PARTIAL BASEMENT INCLUDES A ROUGH IN AND WAHSER DRYER HOOK-UPS. CONCRETE DRIVEWAY AND AN OVERSIZED 2.5 CAR GARAGE OFFERS PLENTY OF STORAGE

Last Agent to Sell the Property

Alexa Boidi

McColly Real Estate License #475212586 Listed on: 08/13/2024

McColly Real Estate

Last Buyer's Agent

Kimberly Cardilli

Redfin Corporation License #475194916

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,097

Year Built

  • Built in 2021

Lot Details

  • Lot Dimensions are 80.06x132.43x79.93x132.31
  • Corner Lot

Parking

  • 2.5 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,750 Sq Ft Home
  • Open Floorplan
  • Insulated Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Family or Dining Combination
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Laminate
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Unfinished Basement

  • Partial Basement
  • Rough-In Basement Bathroom

Location

  • Property is near park

Schools

  • Oak Forest High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,097

Year Built

Built in 2021

Lot Details

10,411 Sq Ft Lot

Parking

2

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: 2021
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors, Walk-In Closet(s), Open Floorplan, Pantry
  • LivingArea: 1750
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Bathroom Rough-In
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ FamRm
  • Total Sq Ft: 0
  • Window Features: Insulated Windows,Window Treatments
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Oak Forest High School

Lot Info

  • Lot Dimensions: 80.06X132.43X79.93X132.31
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11096.86
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Dec 9, 2024
Sold by
Milosavljevic Ivan
Bought by
Manning Mark and Cavazos Claudia
Seller's Agent
Alexa Boidi
McColly Real Estate
Buyer's Agent
Kimberly Cardilli
Redfin Corporation
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%
Views
193
Current Estimated Value
$378,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,789
Avg. Annual Appreciation
0.78%
Original Mortgage
$300,000
Outstanding Balance
$296,784
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$82,005

Purchase Details

Listed on
Nov 13, 2021
Closed on
Jan 28, 2022
Sold by
Klantum Homes Llc
Bought by
Milosavljevic Ivan
Seller's Agent
Mary Kaley
Baird & Warner
Buyer's Agent
John Schober
RE/MAX 1st Service
List Price
$329,000
Sold Price
$329,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$263,200
Interest Rate
3.12%

Purchase Details

Closed on
Aug 4, 2020
Sold by
City Of Oak Forest
Bought by
Klantum Homes Llc
Source: Public Records
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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
Manning Mark $375,000 None Listed On Document
Milosavljevic Ivan -- --
Milosavljevic Ivan -- --
Klantum Homes Llc -- Greater Illinois Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manning Mark $300,000
Previous Owner Milosavljevic Ivan $263,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2024 12/13/24 Sold $375,000 -2.6% $214 / Sq Ft
11/13/2024 11/13/24 Price Changed $385,000 +2.7% $220 / Sq Ft
11/12/2024 11/12/24 Price Changed $375,000 -2.6% $214 / Sq Ft
11/12/2024 11/12/24 For Sale $385,000 0.0% $220 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
09/12/2024 09/12/24 Price Changed $385,000 -3.7% $220 / Sq Ft
08/13/2024 08/13/24 For Sale $399,999 +21.6% $229 / Sq Ft
12/21/2021 12/21/21 Sold $329,000 0.0% $188 / Sq Ft View Prior Sale
11/19/2021 11/19/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $329,000 -- $188 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $11,097 $30,207 $4,675 $25,532
2024 $11,097 $30,207 $4,675 $25,532
2023 $10,797 $34,000 $4,675 $29,325
2022 $10,797 $26,600 $4,156 $22,444
2021 $3,703 $8,150 $4,155 $3,995
2020 $1,820 $4,155 $4,155 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12137207

Midwest Real Estate Data (MRED)

APN: 28-21-106-021-0000

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