NOT LISTED FOR SALE

16383 Terry Ln Oak Forest, IL 60452

Estimated Value: $305,000 - $321,270

3 Beds
3 Baths
1,718 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $306,500 $178 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,259/month

Highlights

  • Above Ground Pool
  • Clubhouse
  • Backs to Open Ground
  • Tinley Park High School Rated A-
  • Property is near park and forest
  • Wood Flooring

About This Home

As of January 2024

WELCOME TO THIS BEAUTIFULLY UPDATED HOME in Fieldcrest Oak Forest Subdivision. This home offers 3 bedrooms, 3 full baths, 2.5 car garage, and one of the bedrooms is a FULL MASTER BEDROOM. The main level offers an updated kitchen with beautiful backsplash, newer ample cabinets with under lights, granite countertops , and stainless steel appliances. The welcoming living room offers hardwood floors, and three pane windows that allows plenty of sunlight. The upper level offers a full bath, a master bedroom with fully updated bathroom with step-in shower, and a third bedroom. The lower level offers a spacious family room with wood-burning chimney, and ceramic tile, a full bathroom with walk-in shower, a spacious laundry room with washer and dryer, and exit door to the back yard, and the mechanical room. This house sits on a large lot, with extra large concrete driveway, huge fenced-in back yard with above ground pool with filtering equipment(seller is willing to remove the pool if buyer doesn't need/want it) and patio great for entertainment, and a shed for storage. Newer updates are roof, electrical box, updated electric fixtures with light dimmers, and USB outlets, newer garage opener, and much more to list. This home is perfectly located within short distance to parks, schools, public transportation, I-57, large shopping centers, golf course, movie theater, and 25 miles to Chicago Loop! Take the opportunity to tour this home!

Last Agent to Sell the Property

Francisco Gonzalez

Coldwell Banker Realty License #475180958 Listed on: 01/12/2024

Coldwell Banker Realty

Last Buyer's Agent

Andrew Dorazio

Dorazio Real Estate LLC License #471022724

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,233

Year Built

  • Built in 1968 | Remodeled in 2016

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70x140x48x150
  • Backs to Open Ground
  • Fenced Yard
  • Wood Fence
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Split Level Home
  • Tri-Level Property
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,718 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Mud Room
  • Open Floorplan
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms
  • European Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry
  • Sump Pump
  • Finished Basement Bathroom
  • Crawl Space

Outdoor Features

  • Above Ground Pool
  • Patio
  • Shed

Schools

  • Fieldcrest Elementary School
  • Prairie-Hills Junior High School
  • Tinley Park High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Additional Features

  • Handicap Shower
  • Special Energy Features
  • Property is near park and forest

Community Details

  • Fieldcrest Subdivision
  • Clubhouse

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,233

Year Built

Built in 1968 | Remodeled in 2016

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Subdivision Name: Fieldcrest
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Partial, Walkout
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Dining Combo, Granite Counters
  • LivingArea: 1718
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Mud Room
  • Estimated Total Finished Sq Ft: 1718
  • Basement Description: Finished,Crawl,Exterior Access,Concrete (Basement)
  • Bathroom Amenities: Accessible Shower,European Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1718

Exterior Features

  • ExteriorFeatures: Patio, Above Ground Pool
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Forest Preserve Adjacent, Backs to Open Grnd, Wood Fence
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Wood Siding,Combination

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street, Driveway
  • ParkingTotal: 6
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Clubhouse, Park, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Fieldcrest Elementary School
  • High School: Tinley Park High School
  • Middle/Junior School: Prairie-Hills Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 70X140X48X150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Green Features

  • Green Building Verification Type: Special Energy Feat, Other

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6233.25
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Jan 16, 2024
Sold by
Valadez Rosio Y and Paz Alejandro
Bought by
Cortes Sergio and Cortes Olga
Seller's Agent
Francisco Gonzalez
Coldwell Banker Realty
Buyer's Agent
Andrew Dorazio
Dorazio Real Estate LLC
List Price
$310,000
Sold Price
$306,500
Premium/Discount to List
-$3,500
-1.13%
Views
13
Current Estimated Value
$312,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,068
Avg. Annual Appreciation
0.95%
Original Mortgage
$300,948
Outstanding Balance
$293,990
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$18,578

Purchase Details

Closed on
Jul 10, 2006
Sold by
Colon Alex and Colon Rebecca
Bought by
Valadez Rosio Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 25, 2004
Sold by
Friel Thomas B and Friel Rochelle C
Bought by
Colon Alex and Colon Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
9.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 2, 1995
Sold by
Ralich Stevan M and Ralich Sheila
Bought by
Friel Thomas B and Burns Rochelle C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cortes Sergio $306,500 Chicago Title Insurance Compan
Valadez Rosio Y $224,000 Pntn
Colon Alex $185,000 Git
Friel Thomas B $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes Sergio $300,948
Previous Owner Valadez Rosio Y $179,200
Previous Owner Colon Alex $182,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2024 01/19/24 Sold $306,500 -1.1% $178 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $310,000 -- $180 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $7,790 $24,000 $3,863 $20,137
2024 $7,790 $24,000 $3,863 $20,137
2023 $6,387 $24,000 $3,863 $20,137
2022 $6,387 $15,964 $3,434 $12,530
2021 $6,233 $15,962 $3,433 $12,529
2020 $7,117 $17,815 $3,433 $14,382
2019 $5,326 $14,450 $3,219 $11,231
2018 $5,228 $14,450 $3,219 $11,231
2017 $5,676 $15,891 $3,219 $12,672
2016 $5,052 $13,287 $2,789 $10,498
2015 $4,776 $13,287 $2,789 $10,498
2014 $5,414 $14,939 $2,789 $12,150
2013 $4,560 $14,431 $2,789 $11,642
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11961358

Midwest Real Estate Data (MRED)

APN: 28-22-303-036-0000

Your Personal Tour Guide

Ask me questions while you tour the home.