NOT LISTED FOR SALE

516 Lakewood Blvd Park Forest, IL 60466

Estimated Value: $183,000 - $229,000

3 Beds
1.5 Baths
1,530 Sq Ft
$136/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $173,000 $113 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,313/month

38 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room
  • Ranch Style House
  • 1 Car Attached Garage
  • Laundry Room
  • Central Air

About This Home

As of April 2022

Welcome to your new home within the Michelle Obama school district! This home features 3 bedrooms, 2 bathrooms with many updates throughout! It has a spacious backyard perfect for kids, pets and entertaining. It is conveniently located only a few minutes from I-57 making travel needs and work commutes pleasant and efficient. Don't miss out on this amazing deal and set up your private tour today! Upon entering into contract the owner will provide brand new appliances, fresh paint throughout and new fence.

Last Agent to Sell the Property

Lauren Petersen

MUV Real Estate License #475194835 Listed on: 02/09/2022

Last Buyer's Agent

Mitzi Ekekhor

Vylla Home License #475152598

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,569

Year Built

  • Built in 1955

Lot Details

  • 7,710

Parking

  • 1 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,530 Sq Ft Home
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,569

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch, Contemporary
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1530
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1530
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 150000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 163

Lot Info

  • Lot Dimensions: 7687
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7569.45
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Apr 28, 2022
Sold by
Tyms Andrew
Bought by
Howard Dale and Howard Cheryl
Seller's Agent
Lauren Petersen
MUV Real Estate
Buyer's Agent
Mitzi Ekekhor
Vylla Home
List Price
$150,000
Sold Price
$173,000
Premium/Discount to List
$23,000
15.33%
Current Estimated Value
$207,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,454
Avg. Annual Appreciation
4.23%
Original Mortgage
$6,055
Interest Rate
5.27%

Purchase Details

Listed on
May 25, 2016
Closed on
Jun 13, 2016
Sold by
Unity Community Revitalization Corp
Bought by
Tyms Andrew and Davis Darne Ha
Seller's Agent
Marc wells
Metropolitan Realty & Invest.
Buyer's Agent
Marie Desmet
Coldwell Banker Real Estate Group
List Price
$25,000
Sold Price
$18,000
Premium/Discount to List
-$7,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.04%

Purchase Details

Closed on
Sep 2, 2015
Sold by
Jpmorgan Chase Bank National Association
Bought by
Unity Community Revitalization Corp

Purchase Details

Closed on
Feb 19, 2015
Sold by
Illinois Department Of Healthcare & Fami
Bought by
Jpmorgan Chase Bank National Association
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
Howard Dale $173,000 None Listed On Document
Tyms Andrew $18,000 Chicago Title
Unity Community Revitalization Corp -- Attorney
Jpmorgan Chase Bank National Association -- Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Cheryl $10,051
Closed Howard Dale $6,055
Open Howard Dale $169,866
Previous Owner Glover Charliette $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $173,000 +15.3% $113 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $150,000 +733.3% $98 / Sq Ft
06/15/2016 06/15/16 Sold $18,000 -28.0% $11 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $25,000 -- $15 / 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 $8,553 $15,001 $2,691 $12,310
2023 $8,461 $15,001 $2,691 $12,310
2022 $8,461 $6,293 $2,498 $3,795
2021 $8,302 $6,292 $2,498 $3,794
2020 $7,569 $6,292 $2,498 $3,794
2019 $8,148 $7,486 $2,306 $5,180
2018 $7,853 $7,486 $2,306 $5,180
2017 $7,804 $7,486 $2,306 $5,180
2016 $7,080 $7,121 $2,113 $5,008
2015 $6,918 $7,121 $2,113 $5,008
2014 $6,715 $7,121 $2,113 $5,008
2013 $6,705 $7,936 $2,113 $5,823
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11320932

Midwest Real Estate Data (MRED)

APN: 31-26-414-002-0000