NOT LISTED FOR SALE

5319 Otto Place Oak Lawn, IL 60453

Estimated Value: $282,000 - $322,000

3 Beds
1 Bath
1,523 Sq Ft
$199/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $245,110 $161 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,923/month

2 Days on Market

Highlights

  • Family Room with Fireplace
  • Detached Garage
  • Bay Window
  • Hometown Elementary School Rated 9+
  • Shades
  • Double Pane Windows

About This Home

As of October 2021

No Sign! Updated large ranch with 2 car detached garage, concrete drive with extra concrete pad for parking. Lovingly cared for for over 50 years by the same owners. Beautiful 587 square foot addition (not included in assessor square footage)on rear of home that includes a beautiful large dining room with laminate floor and massive family room. PLENTY of room to add another bathroom! Updated bath with Granite counters and Travertine tile, newly refinished hardwoods, gorgeous kitchen with granite counters, laminate floor, auto-on faucet, large laundry room with sink, pretty backyard and landscaping! Move right in!!

Last Agent to Sell the Property

Trish Orndorff

@properties Christie's International Real Estate License #475155134 Listed on: 09/06/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Brent Wilk

Wilk Real Estate License #471012010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,717

Year Built

  • 1953

Lot Details

  • 6,098

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Shades
  • Plantation Shutters
  • Bay Window
  • Window Screens
  • Family Room with Fireplace
  • Family or Dining Combination
  • Crawl Space
  • Unfinished Attic

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,717

Year Built

1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Central to 91st, east to 53rd Ct., North to Otto Pl, East to home.
  • Lot Size: 50 X 124
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1953

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Gas Cooktop, Gas Oven
  • Has Basement: None
  • Fireplace Features: Electric
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 936
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ FamRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Square Footage Comments: assessor square footage does not include addition.
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Window Features: Bay Window(s),Double Pane Windows,Plantation Shutters,Screens,Shades,Window Treatments
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Some Carpeting, Some Window Treatmnt, Drapes/Blinds, Granite Counters, Separate Dining Room, Some Storm Doors
  • Dining Room Type: Utility Room-1st Floor

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: J Covington Elementary School
  • Junior High Dist: 123

Lot Info

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

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 2399
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Oct 14, 2021
Sold by
Rickhoff William C and Rickhoff Dolores L
Bought by
Portillo Eddy
Seller's Agent
Trish Orndorff
@properties Christie's International Real Estate
Buyer's Agent
Brent Wilk
Wilk Real Estate
List Price
$240,000
Sold Price
$245,110
Premium/Discount to List
$5,110
2.13%
Current Estimated Value
$302,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,883
Avg. Annual Appreciation
5.53%
Original Mortgage
$245,110
Outstanding Balance
$223,744
Interest Rate
2.87%
Mortgage Type
VA
Estimated Equity
$79,249
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
Portillo Eddy $245,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portillo Eddy $245,110
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $245,110 +2.1% $161 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
09/06/2021 09/06/21 For Sale $240,000 -- $158 / 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 $3,717 $20,000 $4,375 $15,625
2023 $3,717 $20,000 $4,375 $15,625
2022 $3,717 $14,943 $3,750 $11,193
2021 $3,315 $14,942 $3,750 $11,192
2020 $2,118 $14,942 $3,750 $11,192
2019 $2,339 $13,721 $3,437 $10,284
2018 $2,254 $13,721 $3,437 $10,284
2017 $2,218 $13,721 $3,437 $10,284
2016 $2,762 $11,821 $2,812 $9,009
2015 $4,283 $11,821 $2,812 $9,009
2014 $2,657 $11,821 $2,812 $9,009
2013 $2,998 $13,825 $2,812 $11,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11210306

Midwest Real Estate Data (MRED)

APN: 24-04-112-003-0000