NOT LISTED FOR SALE

4956 Lamb Dr Oak Lawn, IL 60453

Estimated Value: $311,000 - $327,000

3 Beds
2 Baths
1,256 Sq Ft
$254/Sq Ft Est. Value

Last Sold November 17, 2015

Last sale price $179,000 $143 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,269/month

58 Days on Market

Highlights

  • Landscaped Professionally
  • Ranch Style House
  • Detached Garage
  • Hometown Elementary School Rated 9+
  • Corner Lot
  • Breakfast Bar

About This Home

As of November 2015

Beautiful 3 bedroom 1.5 bath Oak Lawn solid brick raised ranch in the center of Oak Lawn! Features full finished basement with family room, hardwood floors under carpet, newer roof, updated thermopane windows, eat-in kitchen, central air and ceiling fans; Concrete drive to 2 car garage. Located in Sward school district & Blue Ribbon awarded St. Linus school! Close to Metra, library, restaurants & shopping!

Last Agent to Sell the Property

Mary Wallace

Coldwell Banker Realty License #475136800 Listed on: 08/06/2015

Coldwell Banker Realty

Last Buyer's Agent

Tom Lemmenes

Tom Lemmenes, Inc. License #471005786

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,436

Year Built

  • 1957

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Landscaped Professionally
  • Corner Lot

Parking

  • Detached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Bathroom on Main Level
  • Basement Fills Entire Space Under The House
  • Property is near a bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,436

Year Built

1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Ranch
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1957
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Interior Property Features: 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 23X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Ceiling Fan
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 12X10, On Level: Basement, Flooring: Vinyl
  • Kitchen Type: Dimensions: 20X12, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Bar, Dimensions: 12X10, On Level: Basement, Flooring: Vinyl
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1256
  • Family Room: Dimensions: 18X12, On Level: Basement, Flooring: Vinyl

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: S (South), W (West)
  • Acreage: 0.1274

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 218
  • Elementary School: SWARD ELEMENTARY SCHOOL
  • Middle School: OAK LAWN-HOMETOWN MIDDLE SCHOOL
  • High School: H L RICHARDS HIGH SCHOOL (CAMPUS
  • Junior High Dist: 123

Lot Info

  • Lot Dimensions: 47 X 114 X 47 X 111
  • Lot Description: Corner, Landscaped Professionally
  • Parcel Identification Number: 24094160160000

Tax Info

  • Taxes: 4,400.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Olson Raymond and Olson Tonya
Bought by
Raymond J Olson Trust and Olson
Current Estimated Value
$318,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,666
Outstanding Balance
$113,924
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$204,664

Purchase Details

Closed on
Aug 30, 2021
Sold by
Olson Raymond and Olson Tonya
Bought by
Olson Raymond J and Raymond J Olson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,666
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2015
Closed on
Nov 10, 2015
Sold by
Standard Bank & Trust Company
Bought by
Olson Raymond J and Olson Tonya C
Seller's Agent
Mary Wallace
Coldwell Banker Realty
Buyer's Agent
Tom Lemmenes
Tom Lemmenes, Inc.
List Price
$199,900
Sold Price
$179,000
Premium/Discount to List
-$20,900
-10.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$143,200
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2001
Sold by
Mcdorman Robert and Mcdorman Eileen
Bought by
Standard Bank & Trust Company and Trust #13191
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
Raymond J Olson Trust -- --
Olson Raymond J -- Nations Lending Services
Olson Raymond J $179,000 Rpt
Standard Bank & Trust Company $185,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raymond J Olson Trust $132,666
Previous Owner Olson Raymond J $132,666
Previous Owner Olson Raymond J $143,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2015 11/17/15 Sold $179,000 -3.2% $143 / Sq Ft
10/03/2015 10/03/15 Pending -- -- --
09/25/2015 09/25/15 Price Changed $184,900 -3.1% $147 / Sq Ft
08/31/2015 08/31/15 Price Changed $190,900 -4.5% $152 / Sq Ft
08/06/2015 08/06/15 For Sale $199,900 -- $159 / 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 $6,436 $26,000 $3,330 $22,670
2023 $4,146 $26,000 $3,330 $22,670
2022 $4,146 $16,675 $2,914 $13,761
2021 $4,097 $16,673 $2,913 $13,760
2020 $4,212 $16,673 $2,913 $13,760
2019 $4,496 $17,900 $2,636 $15,264
2018 $4,324 $17,900 $2,636 $15,264
2017 $5,428 $17,900 $2,636 $15,264
2016 $5,277 $15,988 $2,220 $13,768
2015 $6,162 $15,988 $2,220 $13,768
2014 $4,401 $15,988 $2,220 $13,768
2013 $6,417 $18,711 $2,220 $16,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09004279

Midwest Real Estate Data (MRED)

APN: 24-09-416-016-0000