NOT LISTED FOR SALE

16461 Terry Ln Oak Forest, IL 60452

Estimated Value: $266,000 - $308,000

3 Beds
3 Baths
1,425 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $167,000 $117 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,051/month

154 Days on Market

Highlights

  • Detached Garage
  • Central Air
  • 4-minute walk to The Avenues Park
  • Dry Bar
  • Electric Fireplace

About This Home

As of March 2016

This gorgeous house is completely updated. Granite counters and beautiful tile back splash in kitchen. Granite counters and tiled shower/tub in up stairs bathrooms! 3 full bathrooms, including master bath with shower! New roof in 2014, new windows in 2012. Stainless steel appliances only 3 years old! Heater and A/C replaced in 2012! Every room has been newly painted. Built in bar in family room. Fenced in Yard. Full Attic and crawl space provide plenty of storage. Hurry and see this move in ready home, it won't last long! This house has it all! Location, location, location!

Last Agent to Sell the Property

Julia Labuda

Coldwell Banker Realty License #475166327 Listed on: 08/27/2015

Coldwell Banker Realty

Last Buyer's Agent

Yolanda Sanchez

Baird & Warner License #475168021

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,037

Year Built

  • 1969

Lot Details

  • 5,227

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Dry Bar
  • Heatilator
  • Attached Fireplace Door
  • Electric Fireplace
  • Laminate Flooring
  • Crawl Space

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,037

Year Built

1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Age: 41-50 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Type Detached: Split Level
  • Estimated Year Built: 1969
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Interior Property Features: Bar-Dry, Wood Laminate Floors
  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X21, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Fireplace Details: Attached Fireplace Doors/Screen, Electric, Heatilator Type System
  • Attic: Full
  • Fireplace Location: Family Room
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 13X5, On Level: Lower
  • Kitchen Type: Dimensions: 12X17, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1425
  • Family Room: Dimensions: 12X23, On Level: Lower, Flooring: Wood Laminate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.1277

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 228
  • Junior High Dist: 144

Lot Info

  • Lot Dimensions: 40X125
  • Parcel Identification Number: 28223060810000

Tax Info

  • Taxes: 4967.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2015
Closed on
Mar 10, 2016
Sold by
Ittersagen Timothy
Bought by
Oropeza Jose Serna
Seller's Agent
Julia Labuda
Coldwell Banker Realty
Buyer's Agent
Yolanda Sanchez
Baird & Warner
List Price
$199,000
Sold Price
$167,000
Premium/Discount to List
-$32,000
-16.08%
Current Estimated Value
$279,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,390
Avg. Annual Appreciation
5.49%
Original Mortgage
$163,975
Outstanding Balance
$130,215
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$149,175

Purchase Details

Listed on
Jul 27, 2012
Closed on
Sep 28, 2012
Sold by
Sarno Investment Properties Llc16461 Ter
Bought by
Ittersagen Thimothy
Seller's Agent
Jonathan Borkowsky
Real People Realty, Inc.
Buyer's Agent
Daryl Hopkins
One Stop Real Estate Services
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$142,373
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 9, 2012
Closed on
May 23, 2012
Sold by
Borkowsky Jonathan
Bought by
Sarno Investment Properties Llc 16461 Te
Seller's Agent
Steve Meeker
Meeker Real Estate Inc
Buyer's Agent
Lisa Keating
Century 21 Circle
List Price
$75,900
Sold Price
$64,500
Premium/Discount to List
-$11,400
-15.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
440.67%

Purchase Details

Listed on
Feb 9, 2012
Closed on
Mar 14, 2012
Sold by
Aurora Loan Services Llc
Bought by
Sarno Investment Properties Llc
Seller's Agent
Steve Meeker
Meeker Real Estate Inc
Buyer's Agent
Lisa Keating
Century 21 Circle
List Price
$75,900
Sold Price
$64,500
Premium/Discount to List
-$11,400
-15.02%

Purchase Details

Closed on
Sep 26, 2011
Sold by
Najera Serafin
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
May 25, 2007
Sold by
Cruz Hector and Cruz Jennifer
Bought by
Najera Serafin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
9.57%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 20, 2002
Sold by
Polak Richard and Polak Sandra
Bought by
Cruz Hector and Cruz Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,651
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 1997
Sold by
Hobbs Charles R and Hobbs Jacqueline L
Bought by
Polak Richard and Polak Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.25%
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 Buyer Sale Price Title Company
Oropeza Jose Serna $167,000 Baird & Warner Title Svcs In
Ittersagen Thimothy $145,000 None Available
Sarno Investment Properties Llc 16461 Te -- None Available
Sarno Investment Properties Llc $64,500 Cti
Aurora Loan Services Llc -- None Available
Najera Serafin $205,000 Stewart Title Guaranty Co
Cruz Hector $152,000 --
Polak Richard $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oropeza Jose Serna $163,975
Previous Owner Ittersagen Thimothy $142,373
Previous Owner Najera Serafin $205,000
Previous Owner Cruz Hector $149,651
Previous Owner Polak Richard $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2016 03/10/16 Sold $167,000 -1.8% $117 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
01/21/2016 01/21/16 Price Changed $170,000 -2.9% $119 / Sq Ft
01/05/2016 01/05/16 Price Changed $174,999 -2.7% $123 / Sq Ft
12/07/2015 12/07/15 Price Changed $179,900 -2.8% $126 / Sq Ft
11/05/2015 11/05/15 Price Changed $185,000 -2.1% $130 / Sq Ft
09/17/2015 09/17/15 Price Changed $189,000 -5.0% $133 / Sq Ft
08/27/2015 08/27/15 For Sale $199,000 +37.2% $140 / Sq Ft
09/28/2012 09/28/12 Sold $145,000 -2.7% $102 / Sq Ft View Prior Sale
08/20/2012 08/20/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $149,000 +131.0% $105 / Sq Ft
04/06/2012 04/06/12 Sold $64,500 -15.0% $50 / Sq Ft View Prior Sale
03/05/2012 03/05/12 Pending -- -- --
02/09/2012 02/09/12 For Sale $75,900 -- $59 / 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 $7,037 $22,000 $2,504 $19,496
2023 $6,430 $22,000 $2,504 $19,496
2022 $6,430 $16,046 $2,226 $13,820
2021 $6,274 $16,045 $2,225 $13,820
2020 $6,260 $16,045 $2,225 $13,820
2019 $5,747 $15,321 $2,086 $13,235
2018 $6,710 $17,572 $2,086 $15,486
2017 $7,970 $17,572 $2,086 $15,486
2016 $5,348 $13,919 $1,808 $12,111
2015 $5,060 $13,919 $1,808 $12,111
2014 $4,967 $13,919 $1,808 $12,111
2013 $5,623 $14,555 $1,808 $12,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09023097

Midwest Real Estate Data (MRED)

APN: 28-22-306-081-0000