NOT LISTED FOR SALE

16040 Latrobe Ave Oak Forest, IL 60452

Estimated Value: $305,000 - $346,000

4 Beds
3 Baths
1,624 Sq Ft
$205/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $320,000 $197 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,404/month

65 Days on Market

Highlights

  • 2 Car Detached Garage
  • Central Air
  • Combination Kitchen and Dining Room
  • Oak Forest High School Rated A-

About This Home

As of March 2024

Come out and see the GORGEOUS upgrades in this open concept, 4 bed/3 bath home in Oak Forest! Cook's kitchen with quartz countertops, newer SS appliances (4yrs) and under cabinet lighting. Main floor has brand new custom blinds, hardwood floors, and a laundry/mudroom from California Closets. Permitted addition finished in 2021 which includes the master bathroom of your dreams! Yes, it's a steam shower! Second story is cooled by mini-split for precision temperature in each room. In the past 3 years home has gotten new windows, new furnace, and a tankless water heater. Philips Hue lighting system throughout for a custom ambiance. Exterior features a fully fenced yard, and a trellis covering your own personal bar! Paver walkway and fire pit, as well as a koi pond with a resident fish! This home will not last long, it truly has it all. Schedule your viewing today.

Last Agent to Sell the Property

Lisa Olszewski

Real People Realty License #475172110 Listed on: 11/26/2023

Real People Realty

Last Buyer's Agent

Steve Spratt

Pearson Realty Group License #475164151

Pearson Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,966

Year Built

  • Built in 1950 | Remodeled in 2021

Lot Details

  • Lot Dimensions are 51x130

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,624 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms

Schools

  • Arbor Park Middle School
  • Oak Forest High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,966

Year Built

Built in 1950 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 1624
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1624
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1624
  • Total Sq Ft: 1624
  • Upper Level Sq Ft: 680
  • Main Level Sq Ft: 944
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 339000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • 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

  • Elementary School: Arbor Park Middle School
  • High School: Oak Forest High School
  • Middle/Junior School: Arbor Park Middle School
  • Middle/Junior School District: 145

Lot Info

  • Lot Dimensions: 51X130
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5965.79
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2023
Closed on
Mar 5, 2024
Sold by
Deenihan Jonathan and Deenihan Sarah
Bought by
Spratt Dylan and Spratt Brittany
Seller's Agent
Lisa Olszewski
Real People Realty
Buyer's Agent
Steve Spratt
Pearson Realty Group
List Price
$339,000
Sold Price
$320,000
Premium/Discount to List
-$19,000
-5.6%
Views
624
Current Estimated Value
$332,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,389
Avg. Annual Appreciation
2.74%
Original Mortgage
$314,204
Outstanding Balance
$310,822
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
$22,056

Purchase Details

Listed on
Nov 26, 2023
Closed on
Feb 2, 2024
Sold by
Deenihan David L and Deenihan Linda M
Bought by
Deenihan Jonathan
Seller's Agent
Lisa Olszewski
Real People Realty
Buyer's Agent
Steve Spratt
Pearson Realty Group
List Price
$339,000
Sold Price
$320,000
Premium/Discount to List
-$19,000
-5.6%
Views
624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Outstanding Balance
$310,822
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
$22,056

Purchase Details

Closed on
Dec 17, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Deenihan Jonathan and Deenihan Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,699
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2013
Sold by
Wilk Daniel C
Bought by
Deutsche Bank National Trust Co ` and Long Beach Mortgage Loan Trust 2006-7

Purchase Details

Closed on
Jan 23, 2002
Sold by
Norris Ronald L and Norris Heather L
Bought by
Wilk Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,457
Interest Rate
7.24%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1997
Sold by
Simon Richard T and Simon Lisa M
Bought by
Norris Ronald L and Dini Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,133
Interest Rate
7.26%
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
Spratt Dylan $320,000 Chicago Title
Deenihan Jonathan -- None Listed On Document
Deenihan Jonathan $127,000 Ct
Deutsche Bank National Trust Co ` -- None Available
Wilk Daniel C $136,500 --
Norris Ronald L $116,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spratt Dylan $314,204
Previous Owner Deenihan Jonathan $124,699
Previous Owner Wilk Daniel C $216,000
Previous Owner Wilk Daniel C $187,000
Previous Owner Wilk Daniel C $132,457
Previous Owner Wilk Daniel C $132,457
Previous Owner Norris Ronald L $115,133
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $320,000 -5.6% $197 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
11/26/2023 11/26/23 For Sale $339,000 +166.9% $209 / Sq Ft
02/24/2014 02/24/14 Sold $127,000 -9.0% $78 / Sq Ft
12/13/2013 12/13/13 Pending -- -- --
11/27/2013 11/27/13 Price Changed $139,500 -9.7% $86 / Sq Ft
10/30/2013 10/30/13 For Sale $154,500 -- $95 / 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 $7,119 $23,000 $2,970 $20,030
2023 $5,966 $23,000 $2,970 $20,030
2022 $5,966 $16,227 $2,640 $13,587
2021 $5,118 $14,595 $2,640 $11,955
2020 $5,034 $14,595 $2,640 $11,955
2019 $5,782 $16,316 $2,475 $13,841
2018 $5,653 $16,316 $2,475 $13,841
2017 $6,159 $17,474 $2,475 $14,999
2016 $6,600 $14,544 $2,310 $12,234
2015 $6,412 $14,544 $2,310 $12,234
2014 $6,253 $14,544 $2,310 $12,234
2013 $4,988 $15,653 $2,310 $13,343
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11936414

Midwest Real Estate Data (MRED)

APN: 28-21-107-013-0000