NOT LISTED FOR SALE

5061 171st St Tinley Park, IL 60477

Estimated Value: $436,000 - $498,000

4 Beds
3.5 Baths
2,600 Sq Ft
$180/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $380,385 $146 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,586/month

3 Days on Market

Highlights

  • Spa
  • Property is near a park
  • Vaulted Ceiling
  • Landscaped Professionally
  • Recreation Room
  • Traditional Architecture

About This Home

As of October 2022

** Multiple offer situation, 7pm Sunday 9/4/22 deadline ** Beautiful, custom two story home with wrap around front porch, 4 bedrooms, 3 1/2 baths and finished basement on almost a 1/3 acre lot. Long driveway will accommodate 8 cars. Gorgeous hardwood floors on the first floor have just been refinished for you; furnace and central air new in 2020; roof 2015. Open, two story foyer greets you along with a formal dining room with hardwood floor and attractive inlay. Next is the wide open family room with gas fireplace (simple switch on/off) that is open to the large kitchen with granite counters, breakfast bar, maple cabinets and stainless steel appliances. Main floor also has pantry, powder room and sliders leading to a stamped concrete patio (hot tub stays) along with a separate paver patio. Upstairs you'll find 4 bedrooms and convenient laundry room. Master bedroom has full, private bath with whirlpool and separate shower, walk in closet. The second bedroom also has a huge walk-in closet. Third bedroom has a volume ceiling. Your finished basement has custom oak bar with bar frig, oversized TV area, full bath with shower and extra storage. Back yard umbrellas stay. Huge back yard! Tinley Park mailing address and Oak Forest Services. Part of the back yard furthest away from the house is located in a flood plain but house is not and flood insurance is not required (see document in the additional info tab). Note there are no exemptions on the taxes, seller simply didn't apply for it.

Last Agent to Sell the Property

Jeff Binkowski

Century 21 Circle License #471000375 Listed on: 09/01/2022

Century 21 Circle

Last Buyer's Agent

Efty Garba

eXp Realty License #471016975

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,885

Year Built

  • Built in 2005

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 60 x 234
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Bar
  • Dry Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Heatilator
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Spa
  • Brick Porch or Patio
  • Shed

Location

  • Property is near a park

Schools

  • Morton Gingerwood Elementary Sch
  • Arbor Park Middle School
  • Tinley Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • Two Story

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,885

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Log, Heatilator
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Dry, Hardwood Floors, Second Floor Laundry, Walk-In Closet(s)
  • LivingArea: 2600
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Foyer, Recreation Room, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, Hot Tub, Stamped Concrete Patio, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 379000
  • Lot Features: Landscaped
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Morton Gingerwood Elementary Sch
  • High School: Tinley Park High School
  • Middle/Junior School: Arbor Park Middle School
  • Middle/Junior School District: 145

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.3116
  • Lot Dimensions: 60 X 234
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11884.92
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2016
Closed on
Apr 22, 2016
Sold by
Phelan Sean R and Phelan Melanie T
Bought by
Phelan Sean R and Phelan Melanie
Seller's Agent
Kim Malecky
Village Realty, Inc.
Buyer's Agent
Jeff Binkowski
Century 21 Circle
List Price
$325,000
Sold Price
$302,000
Premium/Discount to List
-$23,000
-7.08%
Current Estimated Value
$466,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,902
Avg. Annual Appreciation
4.28%
Original Mortgage
$286,900
Outstanding Balance
$231,810
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$215,893

Purchase Details

Closed on
May 10, 2006
Sold by
First Midwest Bank
Bought by
Phelan Sean R and Phelan Melanie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.66%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Phelan Sean R $69,000 Liberty Title & Escrow Co
Phelan Sean R -- Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelan Sean R $286,900
Previous Owner Phelan Sean R $259,000
Previous Owner Phelan Sean R $274,000
Previous Owner Phelan Sean R $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $380,385 +0.4% $146 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $379,000 +25.5% $146 / Sq Ft
04/25/2016 04/25/16 Sold $302,000 -7.1% $121 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $325,000 -- $130 / 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 $13,184 $38,000 $8,822 $29,178
2023 $10,086 $38,000 $8,822 $29,178
2022 $10,086 $22,633 $2,036 $20,597
2021 $12,318 $28,312 $2,035 $26,277
2020 $11,885 $28,312 $2,035 $26,277
2019 $12,975 $30,200 $1,696 $28,504
2018 $12,700 $30,200 $1,696 $28,504
2017 $12,657 $30,200 $1,696 $28,504
2016 $8,180 $21,283 $1,357 $19,926
2015 $7,891 $21,283 $1,357 $19,926
2014 $9,660 $26,004 $1,357 $24,647
2013 $7,095 $21,954 $1,357 $20,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11619625

Midwest Real Estate Data (MRED)

APN: 28-28-405-004-0000