NOT LISTED FOR SALE

5224 157th St Oak Forest, IL 60452

Estimated Value: $280,000 - $296,000

3 Beds
1 Bath
1,617 Sq Ft
$176/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $240,000 $148 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,016/month

2 Days on Market

Highlights

  • Detached Garage
  • Soaking Tub
  • Combination Kitchen and Dining Room
  • Oak Forest High School Rated A-
  • 1-Story Property
  • Storm Doors

About This Home

As of September 2021

As the Seasons Start to Change, Prepare to FALL in Love with this Charming & Well-Kept Oak Forest Ranch! Tastefully Decorated with Neutral Colors, this Lovely Home Features: 3 Bedrooms & 1 Bathroom / 2nd Bathroom Rough-In / New Carpet in Living Room & Basement Stairs 2021 / Freshly Painted in 2021 / New Windows in 2020 / Updated Plumbing / Updated Bathroom with Tub & Tile Surround / Eat-In Kitchen with Large Dining Area / Finished Basement with Cozy Family Room & 3rd Bedroom, Currently Used as Master Suite / Fully Fenced-in Backyard with Large Concrete Patio Perfect for Entertaining Friends & Family / Detached 2 Car Garage has Heat, AC & Power for a Welder / Long & Wide Concrete Driveway / New Rheem Hot Water Tank in 2018 / Close to Parks, Great Schools, The Metra Train Station & I-57, this is Sure to Make You Feel at Home! Call Today for a Private Showing!**Multiple Offers Received, Highest & Best Due In By Friday 8/20 @ 3pm***

Last Agent to Sell the Property

Amelia Bodie

Village Realty, Inc License #475157822 Listed on: 08/17/2021

Village Realty, Inc

Co-Listed By

Kyle Treglown

Edwards Realty Co. License #475170643

Last Buyer's Agent

Stephanie Miller

Redfin Corporation License #475120371

Redfin Corporation

Home Details

Home Type

  • Single Family

Year Built

  • 1964

Lot Details

  • 6,534

Parking

  • Detached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • Soaking Tub
  • 1,617 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Rough-In Basement Bathroom
  • Pull Down Stairs to Attic
  • Storm Doors

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1964

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Ranch
  • Co List Office Mls Id: MRD61080
  • Co List Office Phone: (708) 798-1111
  • Directions: From 159th Street, Head N on Laramie Ave. Then, Turn Left onto 157th St. Your New Home is on the Right (5224 W 157th St)!
  • Lot Size: 135X50
  • Master Model: RANCH
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1964

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 1617
  • Basement Description: Finished,Bathroom Rough-In
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1857
  • Attic: Pull Down Stair
  • Door Features: Storm Door(s)
  • Window Features: ENERGY STAR Qualified Windows,Window Treatments
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 657
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features, Open Floorplan, Dining Combo
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Stamped Concrete Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Vinyl Siding,Brick
  • Lot Features: Fenced Yard, Mature Trees, Sidewalks, Streetlights
  • Other Structures: None
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Concrete,Side Drive,Heated
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Laundry Features: In Unit, Sink
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 228

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No
  • Additional Parcels: No

Rental Info

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

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 5884.68
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Sep 25, 2021
Sold by
Korhorn Michael S and Korhorn Jenna L
Bought by
Moerle Mark and Moerle Christine
Seller's Agent
Amelia Bodie
Village Realty, Inc
Buyer's Agent
Stephanie Miller
Redfin Corporation
List Price
$199,900
Sold Price
$240,000
Premium/Discount to List
$40,100
20.06%
Current Estimated Value
$285,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,110
Avg. Annual Appreciation
3.92%
Original Mortgage
$192,000
Outstanding Balance
$174,075
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$111,035

Purchase Details

Closed on
Apr 6, 2013
Sold by
Korhorn Michael S and Korhorn Jenna L
Bought by
Korhorn Michael S and Korhorn Jenna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,589
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2008
Sold by
Mitchell James A and Mitchell Felicia M
Bought by
Korhorn Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,254
Interest Rate
6.36%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 2004
Sold by
Fatima Felicia M and Mitchell Felicia M
Bought by
Mitchell James A and Mitchell Felicia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 28, 2000
Sold by
Blades Alfred and Blades Martha
Bought by
Fatima Felicia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Moerle Mark $240,000 Old Republic Title
Korhorn Michael S -- Citywide Title Corporation
Korhorn Michael S $190,000 Fatic
Mitchell James A -- Matc
Fatima Felicia M -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moerle Mark $192,000
Previous Owner Korhorn Michael S $182,589
Previous Owner Korhorn Michael S $187,254
Previous Owner Mitchell James A $120,000
Previous Owner Fatima Felicia M $102,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2021 09/29/21 Sold $240,000 +20.1% $148 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $199,900 -- $124 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $6,194 $20,443 $3,038 $17,405
2024 $6,194 $20,443 $3,038 $17,405
2023 $6,132 $20,443 $3,038 $17,405
2022 $6,132 $16,585 $2,700 $13,885
2021 $6,022 $16,584 $2,700 $13,884
2020 $5,905 $16,584 $2,700 $13,884
2019 $5,885 $16,544 $2,531 $14,013
2018 $5,753 $16,544 $2,531 $14,013
2017 $5,752 $16,544 $2,531 $14,013
2016 $5,333 $14,250 $2,362 $11,888
2015 $5,126 $14,250 $2,362 $11,888
2014 $5,022 $14,250 $2,362 $11,888
2013 $5,453 $16,867 $2,362 $14,505
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11192090

Midwest Real Estate Data (MRED)

APN: 28-16-310-003-0000

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