NOT LISTED FOR SALE

16007 Lorel Ave Oak Forest, IL 60452

Estimated Value: $242,000 - $328,000

3 Beds
2 Baths
1,078 Sq Ft
$261/Sq Ft Est. Value

Last Sold September 20, 2018

Last sale price $145,000 $135 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,125/month

81 Days on Market

Highlights

  • Detached Garage
  • Property is near bus stop
  • Gas Log Fireplace
  • Oak Forest High School Rated A-
  • Forced Air Heating and Cooling System
  • 5-minute walk to Lagoon Park

About This Home

As of September 2018

Nice three bedroom, 1.5 bath home on a pretty street. Enjoy the cozy family room with fireplace. Large master bedroom. Newer furnace, a/c, roof and front windows. Great backyard with large garage.

Last Agent to Sell the Property

Mary Andersen

Coldwell Banker Realty License #475130228 Listed on: 01/18/2018

Coldwell Banker Realty

Co-Listed By

Eileen Hord

@properties Christie's International Real Estate License #475165922

Last Buyer's Agent

Sam Kak

Kale Realty License #475146676

Kale Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1986

Lot Details

  • 6,534

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Gas Log Fireplace
  • Laminate Flooring

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Location

  • Property is near bus stop

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 1378
  • Type Detached: Split Level
  • Estimated Year Built: 1986
  • Tax Exemptions: Homeowner
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Interior Property Features: Wood Laminate Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 17X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Equipment: TV-Cable
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room, Living Room
  • Basement: Partial
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X8, On Level: Lower, Flooring: Vinyl
  • Dining Room: Dimensions: 11X9, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1078
  • Estimated Total Finished Sq Ft: 1378
  • Lower Level Sq Ft: 300
  • Upper Level Sq Ft: 1078
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X13, On Level: Lower, Flooring: Carpet, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.1515

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1078

Schools

  • Junior High Dist: 145

Lot Info

  • Lot Dimensions: 50X130
  • Parcel Identification Number: 28211060200000

Tax Info

  • Taxes: 6830.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
Sep 18, 2018
Sold by
Mink Allan and Mink Nancy
Bought by
Patel Sagar
Seller's Agent
Mary Andersen
Coldwell Banker Realty
Buyer's Agent
Sam Kak
Kale Realty
List Price
$179,000
Sold Price
$145,000
Premium/Discount to List
-$34,000
-18.99%
Current Estimated Value
$280,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,995
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Jun 23, 1998
Sold by
Laka Gregory D and Laka Helen T
Bought by
Mink Allan and Mink Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,013
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 1994
Sold by
Hale Joseph E and Hale Linda M
Bought by
Laka Gregory D and Laka Helen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
7.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patel Sagar $145,000 Citywide Title Corporation
Mink Allan $149,000 --
Laka Gregory D $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mink Allan $146,013
Previous Owner Laka Gregory D $119,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2018 09/20/18 Sold $145,000 +4.3% $135 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
03/26/2018 03/26/18 Price Changed $139,000 -3.5% $129 / Sq Ft
03/07/2018 03/07/18 Price Changed $144,000 -3.4% $134 / Sq Ft
02/01/2018 02/01/18 Price Changed $149,000 -16.8% $138 / Sq Ft
01/18/2018 01/18/18 For Sale $179,000 -- $166 / 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 $7,956 $22,000 $2,970 $19,030
2024 $7,956 $22,000 $2,970 $19,030
2023 $8,872 $22,000 $2,970 $19,030
2022 $8,872 $19,046 $2,640 $16,406
2021 $8,653 $19,045 $2,640 $16,405
2020 $8,342 $19,045 $2,640 $16,405
2019 $7,738 $17,244 $2,475 $14,769
2018 $6,990 $19,364 $2,475 $16,889
2017 $6,984 $19,364 $2,475 $16,889
2016 $6,830 $17,549 $2,310 $15,239
2015 $6,580 $17,549 $2,310 $15,239
2014 $6,440 $17,549 $2,310 $15,239
2013 $6,538 $19,700 $2,310 $17,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09836168

Midwest Real Estate Data (MRED)

APN: 28-21-106-020-0000