NOT LISTED FOR SALE

16221 Lorel Ave Oak Forest, IL 60452

Estimated Value: $234,000 - $269,000

3 Beds
1 Bath
1,128 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 14, 2012

Last sale price $118,500 $105 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,706/month

41 Days on Market

Highlights

  • Property is near forest and bus stop
  • Property is adjacent to nature preserve
  • Detached Garage
  • Oak Forest High School Rated A-
  • Fenced Yard
  • 3-minute walk to Friendly Oaks Park

About This Home

As of May 2012

OUTSTANDING 3 BEDROOM RANCH THAT FEATURES A LARGE EAT IN KITCHEN WITH MANY CABINETS-COZY LIVING ROOM W/WOOD BURNING FIREPLACE-NICE SIZE BEDROOMS-BEAUTIFUL VIEW OF THE FOREST PRESERVE JUST STEPS AWAY FROM NATURE-OVER SIZED GARAGE-CLOSE TO PUBLIC TRANSPORTATION AND SHOPPING-THIS HOME IS VERY CLEAN AND WELL MAINTAINED! BRING YOUR OFFER TODAY.

Last Agent to Sell the Property

Danielle Moy

@properties Christie's International Real Estate License #475120040 Listed on: 02/08/2012

@properties Christie's International Real Estate

Last Buyer's Agent

Barry Gaw

RE/MAX 10 License #475071262

RE/MAX 10

Property Details

Home Type

  • Other

Year Built

  • 1988

Lot Details

  • Property is adjacent to nature preserve
  • Fenced Yard

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Slab Foundation
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Crawl Space
  • Breakfast Bar

Location

  • Flood Zone Lot
  • Property is near forest and bus stop

Utilities

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

Listing and Financial Details

  • $3,000 Seller Concession

Property Details

Home Type

Other

Year Built

1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access, Flood Zone
  • Architectural Style: Ranch
  • Type Detached: 1 Story
  • Special Features: None
  • Year Built: 1988

Interior Features

  • Appliances: Dishwasher, Washer, Dryer
  • Fireplaces: 1
  • Number Of Rooms: 5
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 13X12
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X10
  • Second Bedroom Flooring: Vinyl
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 11X10
  • Third Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 16X15
  • Living Room Flooring: Carpet
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 17X11
  • Kitchen Flooring: Vinyl
  • Additional Rooms: No additional rooms

Exterior Features

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

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

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

Schools

  • Junior High Dist: 145

Lot Info

  • Lot Dimensions: 50 X 132
  • Lot Description: Fenced Yard, Forest Preserve Adjacent, Nature Preserve Adjacent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2019
Sold by
Richards Scott W and Richards Mary Pat
Bought by
Vullo Paul
Current Estimated Value
$245,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Outstanding Balance
$79,379
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$174,083

Purchase Details

Listed on
Feb 8, 2012
Closed on
May 11, 2012
Sold by
Ostrowski Marie
Bought by
Richards Scott W and Richards Mary Pat
Seller's Agent
Danielle Moy
@properties Christie's International Real Estate
Buyer's Agent
Barry Gaw
RE/MAX 10
List Price
$140,000
Sold Price
$118,500
Premium/Discount to List
-$21,500
-15.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
Jun 15, 2011
Sold by
Ostrowski Frank J and Suchie Ann
Bought by
Ostrowski Marie

Purchase Details

Closed on
Nov 12, 1997
Sold by
Dietzel John A and Dietzel Glenda L
Bought by
Ostrowski Jean

Purchase Details

Closed on
May 13, 1994
Sold by
Laycoax Robert and Laycoax Beverly
Bought by
Dietzel John A and Dietzel Glenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vullo Paul $139,000 Fidelity National Title
Richards Scott W $118,500 Prairie Title
Ostrowski Marie $94,000 Prairie Title Inc
Ostrowski Jean $118,000 --
Dietzel John A $115,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vullo Paul $89,900
Previous Owner Dietzel John A $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2012 05/14/12 Sold $118,500 -5.1% $105 / Sq Ft
03/20/2012 03/20/12 Pending -- -- --
03/14/2012 03/14/12 Price Changed $124,900 -3.8% $111 / Sq Ft
02/22/2012 02/22/12 Price Changed $129,900 -7.2% $115 / Sq Ft
02/08/2012 02/08/12 For Sale $140,000 -- $124 / 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
2025 $5,071 $18,000 $2,970 $15,030
2024 $5,071 $18,000 $2,970 $15,030
2023 $6,180 $18,000 $2,970 $15,030
2022 $6,180 $17,372 $2,640 $14,732
2021 $6,077 $17,371 $2,640 $14,731
2020 $8,143 $18,589 $2,640 $15,949
2019 $6,623 $18,190 $2,475 $15,715
2018 $6,475 $18,190 $2,475 $15,715
2017 $6,471 $18,190 $2,475 $15,715
2016 $5,864 $15,420 $2,310 $13,110
2015 $5,641 $15,420 $2,310 $13,110
2014 $5,525 $15,420 $2,310 $13,110
2013 $5,408 $16,748 $2,310 $14,438
Source: Public Records

Agents Affiliated with this Home

  • Danielle Moy

    Seller's Agent in 2012

    Danielle Moy

    @ Properties

    (708) 466-4075

    39 in this area

    1,109 Total Sales

    Danielle Moy
    Section Image
  • Barry Gaw

    Buyer's Agent in 2012

    Barry Gaw

    RE/MAX

    (708) 857-1500

    2 in this area

    156 Total Sales

    Barry Gaw
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07991531

Midwest Real Estate Data (MRED)

APN: 28-21-114-011-0000

Illinois Cook County Oak Forest 60452

16221 Lorel Ave, Oak Forest, IL

Not Listed for Sale

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