NOT LISTED FOR SALE

16508 Terry Ln Oak Forest, IL 60452

Estimated Value: $228,000 - $249,000

3 Beds
1 Bath
1,070 Sq Ft
$224/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $90,651 $85 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,508/month

10 Days on Market

Highlights

  • Detached Garage
  • Central Air
  • 3-minute walk to The Avenues Park

About This Home

As of March 2018

See the potential in this brick and sided split-level home. Property features 3 bedrooms with hard wood floors, kitchen, living room and family room with fireplace. Nice basement and side drive way for extra parking with a 2 car detached garage. This property is being sold as is and room sizes are estimated.

Last Agent to Sell the Property

Trevor Nightengale

Basis Real Estate Group License #471007688 Listed on: 02/05/2018

Last Buyer's Agent

Derrick Jackson

@properties Christie's International Real Estate License #475133646

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,427

Year Built

  • 1969

Lot Details

  • 5,227

Parking

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

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Finished Basement

  • Partial Basement

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,427

Year Built

1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Tri-Level
  • Type Detached: Split Level
  • Estimated Year Built: 1969
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X19, On Level: 2nd Level, Flooring: Other, Windows: None
  • Equipment: TV-Cable
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 12X14, On Level: Main Level, Flooring: Other, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X14, On Level: 2nd Level, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 10X11, On Level: 2nd Level, Flooring: Other, Windows: None
  • Bedroom 3: Dimensions: 10X11, On Level: 2nd Level, Flooring: Other, Windows: None
  • Estimated Sq Ft: 1070
  • Family Room: Dimensions: 13X15, On Level: Lower, Flooring: Other, Windows: None

Exterior Features

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

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 1008

Schools

  • School District: 228
  • Junior High Dist: 144

Lot Info

  • Lot Dimensions: 51 X 107
  • Parcel Identification Number: 28223050460000

Tax Info

  • Taxes: 4393.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Mar 23, 2018
Sold by
Secretary Of Hud
Bought by
Ignataviciute Laima
Seller's Agent
Trevor Nightengale
Basis Real Estate Group
Buyer's Agent
Derrick Jackson
@properties Christie's International Real Estate
List Price
$97,900
Sold Price
$90,651
Premium/Discount to List
-$7,249
-7.4%
Current Estimated Value
$239,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,178
Avg. Annual Appreciation
13.68%

Purchase Details

Closed on
Nov 22, 2016
Sold by
The Bank Of New York Mellon
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Jun 23, 2016
Sold by
Davis Jerry J and Davis Gerald J
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Feb 26, 2002
Sold by
Cerven Gregory C and Cerven Julie A
Bought by
Davis Jerry and Davis Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,899
Interest Rate
7.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Ignataviciute Laima -- Chicago Title
The Secretary Of Hud -- None Available
The Bank Of New York Mellon -- None Available
Davis Jerry $134,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Jerry $131,899
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $90,651 -7.4% $85 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $97,900 -- $91 / 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 $7,427 $19,721 $2,504 $17,217
2023 $7,037 $19,721 $2,504 $17,217
2022 $7,037 $13,819 $2,226 $11,593
2021 $6,818 $13,817 $2,225 $11,592
2020 $7,234 $14,956 $2,225 $12,731
2019 $6,352 $13,144 $2,086 $11,058
2018 $5,238 $14,471 $2,086 $12,385
2017 $5,032 $14,471 $2,086 $12,385
2016 $4,393 $11,880 $1,808 $10,072
2015 $4,146 $11,880 $1,808 $10,072
2014 $4,075 $11,880 $1,808 $10,072
2013 $4,340 $13,862 $1,808 $12,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09849672

Midwest Real Estate Data (MRED)

APN: 28-22-305-046-0000