NOT LISTED FOR SALE

16041 Lorel Ave Oak Forest, IL 60452

Estimated Value: $259,192 - $341,000

3 Beds
2 Baths
1,080 Sq Ft
$271/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $199,500 $185 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,020/month

32 Days on Market

Highlights

  • Ranch Style House
  • Mud Room
  • Porch
  • Oak Forest High School Rated A-
  • Stainless Steel Appliances
  • Attached Garage

About This Home

As of October 2019

Wow! Complete top to bottom rehab and all work has been permitted and approved by Village of Oak Forest! So many news they won't all fit here! New roof, gutters, siding, paint, bathrooms, flooring, kitchen, stainless steel appliances, copper plumbing! The list goes on! Uber convenient location is blocks from Forest Preserve, George Dunne National Golf Course, and just minutes from I-57 & I-80. Be sure to check out this quality remodel before it's gone!

Last Agent to Sell the Property

Keith McMahon

Compass License #475141372 Listed on: 07/26/2019

Compass

Last Buyer's Agent

Brandon Miller

HomeSmart Realty Group License #475152135

HomeSmart Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,672

Year Built | Renovated

  • 1959 | 2018

Lot Details

  • 0.3

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Block Foundation
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Mud Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Porch
  • East or West Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,672

Year Built | Renovated

1959 | 2018

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1959
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959
  • Year Renovated: 2018

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X15, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Equipment: CO Detectors, Ceiling Fan, Fan-Attic Exhaust, Sump Pump
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 18X11, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Mud Room
  • Master Bedroom: Dimensions: 10X13, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Mud, Dimensions: 12X10, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Block, Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch
  • Exposure: W (West)
  • Acreage: 0.3034

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 228
  • Junior High Dist: 145

Lot Info

  • Lot Dimensions: 132 X 100
  • Parcel Identification Number: 28211060060000

Tax Info

  • Taxes: 5804.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Oct 1, 2019
Sold by
Investment Cap Series Of Atlas Investmen
Bought by
Llerenas Ayrton and Alipio Ana B
Seller's Agent
Keith McMahon
Compass
Buyer's Agent
Brandon Miller
HomeSmart Realty Group
List Price
$209,900
Sold Price
$199,500
Premium/Discount to List
-$10,400
-4.95%
Current Estimated Value
$292,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,298
Avg. Annual Appreciation
6.58%
Original Mortgage
$195,886
Outstanding Balance
$172,882
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$119,916

Purchase Details

Listed on
Feb 8, 2018
Closed on
Feb 20, 2018
Sold by
Keska Edward
Bought by
Investment Capital Series Of Atlas Inves
Seller's Agent
Kevin Conners
Chase Real Estate LLC
Buyer's Agent
Kevin Conners
Chase Real Estate LLC
List Price
$144,900
Sold Price
$132,000
Premium/Discount to List
-$12,900
-8.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.04%

Purchase Details

Listed on
Feb 8, 2018
Closed on
Feb 1, 2018
Sold by
Dziemiela Florian E
Bought by
Keska Edward
Seller's Agent
Kevin Conners
Chase Real Estate LLC
Buyer's Agent
Kevin Conners
Chase Real Estate LLC
List Price
$144,900
Sold Price
$132,000
Premium/Discount to List
-$12,900
-8.9%

Purchase Details

Closed on
Oct 4, 1998
Sold by
Miller William J
Bought by
Dziemiela Florian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.78%
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
Llerenas Ayrton $199,500 Attorney
Investment Capital Series Of Atlas Inves $132,000 Lakeland Title Services
Keska Edward $113,500 None Available
Dziemiela Florian E $115,000 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Llerenas Ayrton $195,886
Previous Owner Dziemiela Florian E $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2019 10/04/19 Sold $199,500 -5.0% $185 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $209,900 +59.0% $194 / Sq Ft
02/21/2018 02/21/18 Sold $132,000 -8.9% $122 / Sq Ft View Prior Sale
02/12/2018 02/12/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $144,900 -- $134 / 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 $5,672 $19,000 $5,948 $13,052
2023 $6,381 $19,000 $5,948 $13,052
2022 $6,381 $17,120 $5,287 $11,833
2021 $6,265 $17,119 $5,286 $11,833
2020 $6,140 $17,119 $5,286 $11,833
2019 $7,477 $16,663 $4,956 $11,707
2018 $5,805 $16,663 $4,956 $11,707
2017 $5,804 $16,663 $4,956 $11,707
2016 $5,394 $14,383 $4,625 $9,758
2015 $5,184 $14,383 $4,625 $9,758
2014 $5,079 $14,383 $4,625 $9,758
2013 $5,479 $16,934 $4,625 $12,309
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10464657

Midwest Real Estate Data (MRED)

APN: 28-21-106-006-0000