NOT LISTED FOR SALE

16940 Laramie Ave Unit 2 Oak Forest, IL 60452

Estimated Value: $279,000 - $298,336

5 Beds
2 Baths
1,322 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $185,000 $140 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,157/month

29 Days on Market

Highlights

  • Sun or Florida Room
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2020

WOW! This 5 bedroom (3 on main floor & 2 on lower level) raised ranch is move in ready and waiting for it's new owner! Kitchen has stainless steel appliances, granite & updated cabinets w an eating area. 2 full baths. Enjoy the large 3 season room year round with fireplace! Large living room upstairs AND big family room on lower level. Nice big back yard with patio which is great for entertaining! Close to schools, expressway and Don Burns Park! Don't miss out!

Last Agent to Sell the Property

Mary DeLaLeurs

Torg Realty Inc License #471017346 Listed on: 01/16/2020

Last Buyer's Agent

Daniel Brandner

Century 21 S.G.R., Inc. License #475176760

Century 21 S.G.R., Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,723

Year Built

  • 1965

Lot Details

  • 6,534

Parking

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

Home Design

  • Frame Construction

Interior Spaces

  • Sun or Florida Room
  • Finished Basement
  • Finished Basement Bathroom

Location

  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,723

Year Built

1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X15, On Level: Main Level, Flooring: Carpet
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 10X8, On Level: Lower, Flooring: Vinyl
  • Kitchen Type: Dimensions: 18X10, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: 5th Bedroom, Sun/Florida Room
  • Master Bedroom: Dimensions: 13X10, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X11, On Level: Lower, Flooring: Carpet
  • Additional Room 2 Name: Sunroom, Dimensions: 18X13, On Level: Main Level, Flooring: Vinyl
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X9, On Level: Main Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 15X11, On Level: Lower, Flooring: Carpet
  • Estimated Sq Ft: 1322
  • Family Room: Dimensions: 20X11, On Level: Lower, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Exposure: City
  • Acreage: 0.1535

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 228
  • Junior High Dist: 142

Lot Info

  • Lot Dimensions: 62X107
  • Parcel Identification Number: 28282070060000

Tax Info

  • Taxes: 7203.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Mar 16, 2020
Sold by
Property Illinois Lp
Bought by
Barr Mark E and Cerrito Alexi S
Seller's Agent
Mary DeLaLeurs
Torg Realty Inc
Buyer's Agent
Daniel Brandner
Century 21 S.G.R., Inc.
List Price
$184,900
Sold Price
$185,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$288,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,584
Avg. Annual Appreciation
8.25%
Original Mortgage
$157,250
Outstanding Balance
$140,227
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$148,357

Purchase Details

Closed on
Mar 1, 2016
Sold by
Ih Borrower L P
Bought by
Thr Property Illinois Lp

Purchase Details

Closed on
May 30, 2014
Sold by
Thr Property Illinois Lp
Bought by
2014 1 Ih Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,738,000
Interest Rate
4.28%
Mortgage Type
Unknown

Purchase Details

Listed on
Nov 2, 2012
Closed on
Jan 15, 2013
Sold by
Cso Opp Iii Llc
Bought by
Thr Property Illinois Lp
Seller's Agent
Ron Donavon
Keller Williams Inspire - Geneva
Buyer's Agent
Kirk Giannola
Compass
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Dec 29, 2010
Sold by
First Midwest Bank
Bought by
Cso Opp Iii Llc

Purchase Details

Closed on
Jun 4, 2009
Sold by
Niekamp Michael J
Bought by
First Midwest Bank Trust #5711

Purchase Details

Closed on
Sep 2, 1993
Sold by
Niekamp Fred
Bought by
Niekamp Michael J and Niekamp 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
$84,800
Interest Rate
7.24%
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
Barr Mark E $185,000 Chicago Title
Thr Property Illinois Lp -- None Available
2014 1 Ih Borrower Lp -- None Available
Thr Property Illinois Lp $135,000 None Available
Cso Opp Iii Llc $50,000 None Available
First Midwest Bank Trust #5711 -- None Available
Niekamp Michael J $70,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barr Mark E $157,250
Previous Owner 2014 1 Ih Borrower Lp $993,738,000
Previous Owner Niekamp Michael J $84,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2020 03/20/20 Sold $185,000 +5.8% $140 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
02/05/2020 02/05/20 Price Changed $174,900 -5.4% $132 / Sq Ft
01/16/2020 01/16/20 For Sale $184,900 0.0% $140 / Sq Ft
09/28/2017 09/28/17 Rented $1,800 -2.4% --
08/22/2017 08/22/17 For Rent $1,845 0.0% --
01/24/2013 01/24/13 Sold $135,000 -9.9% $125 / Sq Ft View Prior Sale
12/27/2012 12/27/12 Pending -- -- --
11/28/2012 11/28/12 Price Changed $149,900 -6.3% $139 / Sq Ft
11/02/2012 11/02/12 For Sale $159,900 -- $148 / 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 $7,723 $21,486 $3,678 $17,808
2023 $5,798 $24,672 $3,678 $20,994
2022 $5,798 $15,868 $3,176 $12,692
2021 $5,696 $15,867 $3,176 $12,691
2020 $6,950 $15,867 $3,176 $12,691
2019 $5,860 $13,060 $2,841 $10,219
2018 $5,731 $13,060 $2,841 $10,219
2017 $7,204 $16,491 $2,841 $13,650
2016 $7,137 $15,727 $2,507 $13,220
2015 $6,933 $15,727 $2,507 $13,220
2014 $6,761 $15,727 $2,507 $13,220
2013 $5,229 $13,651 $2,507 $11,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10612708

Midwest Real Estate Data (MRED)

APN: 28-28-207-006-0000