$91,000
SOLD OCT 4, 2024

16229 Lathrop Ave Markham, IL 60428

4 Beds
2 Baths
768 Sq Ft
7,492 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

7% Above List Price

12 Days on Market

Highlights

  • Raised Ranch Architecture
  • Central Air
  • 2-minute walk to Martin Luther King Park

About This Home

As of October 2024

Four Bedroom Two Full Bathrooms Single Family home. Two Bedrooms, Family Room and Full Bathroom on the lower level. Plenty of Exterior parking spaces.

Last Agent to Sell the Property

Scott Newman

Keller Williams ONEChicago License #471009246 Listed on: 07/08/2024

Keller Williams ONEChicago

Co-Listed By

Allan Newman

Keller Williams ONEChicago License #475138425

Last Buyer's Agent

Carrie Searle

Chase Real Estate LLC License #475209322

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,741

Year Built

  • Built in 1972

Home Design

  • Raised Ranch Architecture
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 768 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,741

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1972
  • Age: 51-60 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): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 768
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 768
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 85000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 4
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 152.5

Lot Info

  • Lot Dimensions: 7500
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3741
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
Finance Of America Structured Acquisitio and Wilmington Savings Fund Society
Bought by
Fyrmed Enterprises Llc
Current Estimated Value
$134,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
1.2%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 17, 2023
Sold by
Judicial Sales Corporation
Bought by
Finance Of America Structured Securities Acqu and Perkins
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Special Warranty Deed $91,000 Fidelity National Title
Trustee Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 Construction
Previous Owner $141,000 Construction
Previous Owner $129,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $91,000 0.0% $118 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
07/18/2024 07/18/24 Off Market $91,000 -- --
07/09/2024 07/09/24 For Sale $85,000 -- $111 / 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 $3,584 $5,801 $2,438 $3,363
2023 $3,741 $5,801 $2,438 $3,363
2022 $3,741 $4,451 $2,063 $2,388
2021 $3,594 $4,449 $2,062 $2,387
2020 $3,656 $4,449 $2,062 $2,387
2019 $0 $6,853 $1,875 $4,978
2018 $0 $6,853 $1,875 $4,978
2017 $0 $6,853 $1,875 $4,978
2016 $631 $7,099 $1,687 $5,412
2015 $1,148 $7,099 $1,687 $5,412
2014 $530 $7,099 $1,687 $5,412
2013 $1,599 $7,947 $1,687 $6,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12054410

Midwest Real Estate Data (MRED)

APN: 29-20-125-032-0000