NOT LISTED FOR SALE

16501 Terry Ln Oak Forest, IL 60452

Estimated Value: $249,152 - $287,000

3 Beds
2 Baths
1,388 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $165,000 $119 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,882/month

9 Days on Market

Highlights

  • Attached Garage
  • Property is near a bus stop
  • 3-minute walk to The Avenues Park
  • Breakfast Bar
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

You won't want to miss this bright and cheery home! Lots of updates including a new driveway, deck and fence. All major appliances have been updated as well - HVAC and AC, refrigerator, washer, and dryer. The kitchen is large and open along with a separate dining room area. New windows throughout. Extra storage space in the garage and shed in the backyard. This spacious ranch is a breath of fresh air! Come see it before its gone. This one won't last long!

Last Agent to Sell the Property

Valerie Shalati

Village Realty, Inc. License #471004224 Listed on: 04/29/2019

Village Realty, Inc.

Last Buyer's Agent

Jack Gawron

RE/MAX 10 License #475133604

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,907

Year Built

  • 1967

Lot Details

  • 6,098

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Crawl Space
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,907

Year Built

1967

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1 Story
  • Estimated Year Built: 1967
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1967

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 10X09, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1388
  • Family Room: Dimensions: 20X11, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1449

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1388

Schools

  • School District: 228
  • Junior High Dist: 144

Lot Info

  • Lot Dimensions: 67X90X73X94
  • Parcel Identification Number: 28223130300000

Tax Info

  • Taxes: 5085.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jul 10, 2019
Sold by
Marconi Christian G and Daley Kathleen M
Bought by
Garcia Kenneth D
Seller's Agent
Valerie Shalati
Village Realty, Inc.
Buyer's Agent
Jack Gawron
RE/MAX 10
List Price
$164,900
Sold Price
$165,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$263,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,038
Avg. Annual Appreciation
7.72%
Original Mortgage
$162,011
Outstanding Balance
$140,986
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$122,052

Purchase Details

Listed on
Apr 24, 2014
Closed on
Aug 1, 2014
Sold by
Brownell Kenneth P and Brownell Justine A
Bought by
Marconi Christian G and Daley Kathleen M
Seller's Agent
Natalie Tracy
Realty One Group Heartland
Buyer's Agent
Marge Cahill
@properties Christie's International Real Estate
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%
Original Mortgage
$116,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2005
Sold by
Smith Richard L and Smith Betty A
Bought by
Brownell Kenneth P and Brownell Justina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 16, 1993
Sold by
Okoniewski Robert J and Okoniewski Shirliann
Bought by
Smith Richard L and Smith Betty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,764
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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
Garcia Kenneth D $165,000 Fidelity National Title
Marconi Christian G $15,000 North American Title Co
Brownell Kenneth P $169,000 First American Title
Smith Richard L $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Kenneth D $162,011
Previous Owner Marconi Christian G $116,000
Previous Owner Brownell Kenneth P $169,000
Previous Owner Smith Richard L $101,764
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2019 07/15/19 Sold $165,000 +0.1% $119 / Sq Ft
05/13/2019 05/13/19 For Sale $164,900 0.0% $119 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $164,900 +9.9% $119 / Sq Ft
08/01/2014 08/01/14 Sold $150,000 -6.2% $108 / Sq Ft View Prior Sale
06/20/2014 06/20/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $159,900 -- $115 / 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 $5,907 $19,000 $2,841 $16,159
2023 $6,400 $19,000 $2,841 $16,159
2022 $6,400 $15,988 $2,525 $13,463
2021 $6,246 $15,987 $2,525 $13,462
2020 $7,733 $15,987 $2,525 $13,462
2019 $5,393 $14,589 $2,367 $12,222
2018 $5,294 $14,589 $2,367 $12,222
2017 $5,086 $14,589 $2,367 $12,222
2016 $3,827 $10,670 $2,051 $8,619
2015 $5,943 $13,268 $2,051 $11,217
2014 $4,682 $13,268 $2,051 $11,217
2013 $4,400 $14,019 $2,051 $11,968
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10360040

Midwest Real Estate Data (MRED)

APN: 28-22-313-030-0000