$260,000
SOLD APR 25, 2025

5316 Otto Place Oak Lawn, IL 60453

3 Beds
1.5 Baths
1,296 Sq Ft
6,186 Sq Ft Lot

Recently Sold

$201 Per Sq Ft

13% Below List Price

5 Days on Market

Highlights

  • Raised Ranch Architecture
  • Living Room
  • Ceramic Tile Flooring
  • Hometown Elementary School Rated 9+
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of April 2025

Large, well-built brick raised ranch with maintenance free trim, and side drive to 2 car garage; Very spacious basement with above grade windows offers lots of room for extra living space, recreation, and storage! Kitchen has bright, separate table space. Hardwood floors under carpeting in living rm and bedrooms. This is an estate sale; sold as-is. Some cosmetic repairs and a little updating will make this home ideal for your family!

Last Agent to Sell the Property

Natalie Tracy

Realty One Group Heartland License #475128734 Listed on: 03/28/2025

Realty One Group Heartland

Last Buyer's Agent

Margaret Wilk

RE/MAX 10 License #475103082

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,486

Lot Details

  • Lot Dimensions are 50x 124

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,296 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Schools

  • Oak Lawn Comm High School

Utilities

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

Community Details

  • Raised Ranch

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,486

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1296
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1296
  • Assessed Sq Ft: 1296
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1296
  • Total Sq Ft: 1296
  • Upper Level Sq Ft: 1296
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • List Price: 299900
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Concrete, Side Driveway, Garage Door Opener, On Site, Detached, Garage
  • ParkingTotal: 2

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Oak Lawn Comm High School
  • Middle/Junior School District: 123

Lot Info

  • Lot Dimensions: 50X 124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 1486
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
Apr 23, 2025
Sold by
Martyka Gene R
Bought by
Glowczak Krzysztof
Seller's Agent
Natalie Tracy
Realty One Group Heartland
Buyer's Agent
Margaret Wilk
RE/MAX 10
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Views
27
Current Estimated Value
$279,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,270
Avg. Annual Appreciation
19.30%

Purchase Details

Closed on
Mar 3, 2017
Sold by
Martyka Dolores and Falls Sheryl
Bought by
Martyka Dolores and Martyka Gene

Purchase Details

Closed on
Feb 16, 2013
Sold by
Martyka Dolores and Falls Sheryl
Bought by
Martyka Dolores and Falls Sheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,829
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2009
Sold by
Martyka Gene
Bought by
Martyka Dolores and Falls Sheryl

Purchase Details

Closed on
Jun 30, 1995
Sold by
Holzberger Elizabeth
Bought by
Martyka Dolores and Martyka Dolores L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.59%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Executors Deed $260,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Citywide Title Corporation
Interfamily Deed Transfer -- None Available
Warranty Deed $156,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $103,829 New Conventional
Previous Owner $118,000 Unknown
Previous Owner $90,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $260,000 -13.3% $201 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
03/28/2025 03/28/25 For Sale $299,900 -- $231 / 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 $1,486 $27,000 $4,340 $22,660
2023 $1,899 $27,000 $4,340 $22,660
2022 $1,899 $18,700 $3,720 $14,980
2021 $1,808 $18,699 $3,720 $14,979
2020 $1,651 $18,699 $3,720 $14,979
2019 $1,823 $20,104 $3,410 $16,694
2018 $1,757 $20,104 $3,410 $16,694
2017 $1,729 $20,104 $3,410 $16,694
2016 $2,699 $16,820 $2,790 $14,030
2015 $2,805 $16,820 $2,790 $14,030
2014 $2,715 $16,820 $2,790 $14,030
2013 $2,497 $19,907 $2,790 $17,117
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12322579

Midwest Real Estate Data (MRED)

APN: 24-04-111-060-0000