NOT LISTED FOR SALE

16221 Lorel Ave Oak Forest, IL 60452

Estimated Value: $230,000 - $257,000

3 Beds
1 Bath
1,128 Sq Ft
$221/Sq Ft Est. Value

Last Sold May 14, 2012

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

Est. 111% increase in value since last sale

Current estimated payment $1,743/month

41 Days on Market

Highlights

  • Property is near a forest
  • 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

Est. Annual Taxes

  • $5,071

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 a forest
  • Property is near a 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

Est. Annual Taxes

$5,071

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
$249,704

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
$79,870
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$169,834

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
5.70%

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:

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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
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
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

    41 in this area

    1,119 Total Sales

    Danielle Moy
    Section Image
  • Barry Gaw

    Buyer's Agent in 2012

    Barry Gaw

    RE/MAX

    (708) 857-1500

    2 in this area

    160 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

This home is located at 16221 Lorel Ave, Oak Forest, IL 60452 since 08 February 2012 and is currently estimated at $249,704, approximately $221 per square foot. This property was built in 1988. 16221 Lorel Ave is a home located in Cook County with nearby schools including Kimberly Heights Elementary School, Scarlet Oak Elementary School, and Arbor Park Middle School.

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