NOT LISTED FOR SALE

16387 Terry Ln Oak Forest, IL 60452

Estimated Value: $280,000 - $308,000

4 Beds
2 Baths
1,846 Sq Ft
$158/Sq Ft Est. Value

Last Sold February 25, 2015

Last sale price $160,000 $87 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,192/month

92 Days on Market

Highlights

  • Detached Garage
  • Tinley Park High School Rated A-
  • Central Air

About This Home

As of February 2015

SPACIOUS BRICK SPLIT LEVEL WITH DECORATIVE STONE FRONT. LOVELY AREA CLOSE TO CITY PARK. THIS HOME IS CURRENTLY UNDER CONSTRUCTION FOR FULL REDEVELOPMENT. NEW KITCHEN, BATHS, FLOORING, ELECTRICAL, PLUMBING, AND MUCH MORE!

Last Agent to Sell the Property

John Gutman

Gutman Real Estate License #471018492 Listed on: 11/06/2014

Last Buyer's Agent

Exclusive Agency

NON MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • 1969

Lot Details

  • 8,276

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $6,400 Seller Concession

Home Details

Home Type

Single Family

Year Built

1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: Split Level
  • Estimated Year Built: 1969
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 20X13, On Level: Main Level
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Kitchen Type: Dimensions: 21X14, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X12, On Level: 2nd Level
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level
  • Bedroom 3: Dimensions: 12X9, On Level: 2nd Level
  • Bedroom 4: Dimensions: 12X12, On Level: Lower
  • Estimated Sq Ft: 1846
  • Family Room: Dimensions: 24X21, On Level: Lower

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1959

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 144

Lot Info

  • Lot Dimensions: 8535
  • Parcel Identification Number: 28223030370000

Tax Info

  • Taxes: 5245

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Springview Investments Ii Il Ii Llc
Bought by
Springview Sfr Owner Llc
Current Estimated Value
$292,380

Purchase Details

Listed on
Nov 6, 2014
Closed on
Feb 25, 2015
Sold by
Mack Industries Ii Llc
Bought by
Springview Investments Ii Il Ii Llc
Seller's Agent
John Gutman
Gutman Real Estate
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$176,000
Sold Price
$160,000
Premium/Discount to List
-$16,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$128,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2014
Closed on
Sep 24, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mack Industries Ii Llc
Seller's Agent
Barbara Thouvenell Baffoe
P.R.S. Associates, Inc.
Buyer's Agent
Non Member
NON MEMBER
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
621.84%

Purchase Details

Closed on
May 22, 2014
Sold by
Banuelos Roberto
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 15, 2013
Sold by
Banuelos Roberto and Hernandez Osebelia B
Bought by
Hernandez Osbelia B

Purchase Details

Closed on
Jan 17, 2006
Sold by
Blackburn Teresa A
Bought by
Banuelos Roberto and Hernandez Osbelia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,500
Interest Rate
6.42%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 4, 2003
Sold by
Blackburn Jeffrey L
Bought by
Blackburn Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,100
Interest Rate
6.01%
Mortgage Type
FHA
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
Springview Sfr Owner Llc -- Fidelity National Title
Springview Investments Ii Il Ii Llc $160,000 None Available
Mack Industries Ii Llc $85,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Hernandez Osbelia B -- None Available
Banuelos Roberto $190,000 Ticor Title
Blackburn Teresa A -- Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Springview Investments Ii Il Ii Llc $128,000
Previous Owner Banuelos Roberto $189,500
Previous Owner Blackburn Teresa A $142,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2015 02/27/15 Price Changed $176,000 +10.0% $95 / Sq Ft
02/25/2015 02/25/15 Sold $160,000 -9.1% $87 / Sq Ft
02/06/2015 02/06/15 Pending -- -- --
11/06/2014 11/06/14 For Sale $176,000 +107.1% $95 / Sq Ft
10/31/2014 10/31/14 Sold $85,000 0.0% $63 / Sq Ft View Prior Sale
09/29/2014 09/29/14 Off Market $85,000 -- --
09/18/2014 09/18/14 Pending -- -- --
09/18/2014 09/18/14 For Sale $89,900 -- $67 / 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 $8,088 $21,475 $3,841 $17,634
2024 $8,088 $21,475 $3,841 $17,634
2023 $8,018 $21,475 $3,841 $17,634
2022 $8,018 $15,743 $3,414 $12,329
2021 $7,769 $15,743 $3,414 $12,329
2020 $7,615 $15,743 $3,414 $12,329
2019 $7,270 $15,044 $3,200 $11,844
2018 $7,140 $15,044 $3,200 $11,844
2017 $7,234 $15,950 $3,200 $12,750
2016 $5,602 $11,964 $2,773 $9,191
2015 $5,359 $11,964 $2,773 $9,191
2014 $5,117 $14,261 $2,773 $11,488
2013 $5,245 $16,206 $2,773 $13,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08770201

Midwest Real Estate Data (MRED)

APN: 28-22-303-037-0000