Seller's Agent in 2024
Molly Mann
@ Properties
(708) 774-4672
81 in this area
229 Total Sales
5502 Edison Ave Oak Lawn, IL 60453
Estimated Value: $293,000 - $409,000
3
Beds
1.5
Baths
1,420
Sq Ft
$238/Sq Ft
Est. Value
Highlights
- Community Lake
- Property is near park
- Formal Dining Room
- Sward Elementary School Rated 9+
- Tennis Courts
- 3-minute walk to Lakeshore Park
About This Home
As of February 2024Complete Renovation of this Adorable Three Bedroom, 1.5 Bath Cottage in Oak Lawn. Close proximity to the Metra Southwest Service Line and just around the corner from Oak Lawn Lake/Lake Shore Park! Main Level is Light & Bright with Huge Windows and Views of the Fenced Yard. Custom Moulding, Luxury Vinyl Flooring and Neutral Paint Colors throughout! This Home includes a NEW Kitchen complete with White Cabinetry, Quartz Countertops, Subway Tile Backsplash. Main Level Full Bathroom has New Dual Vanity, Subway Tile, Fixtures and Plumbing! Mud Room/Laundry Room includes a Built In Bench with Storage. This room also provides access to a Brick Paver Patio and the Detached 2 Car Garage. The Second Floor features the 2nd and 3rd Bedrooms with a Half Bath. All New Mechanicals including Roof and Many Windows! Within blocks of all that Downtown Oak Lawn has to offer and within Sward Elementary School/District 123 Boundaries! Kitchen and Laundry Appliances will be added prior to closing.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475163820 Listed on: 12/26/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,705
Year Built
- Built in 1914 | Remodeled in 2023
Lot Details
- Lot Dimensions are 50x125
- Fenced Yard
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Garage Transmitter
- Driveway
- Off-Street Parking
- Parking Included in Price
Home Design
- Frame Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,420 Sq Ft Home
- 2-Story Property
- Formal Dining Room
- Crawl Space
- Breakfast Bar
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Schools
- Sward Elementary School
- Oak Lawn-Hometown Middle School
- Oak Lawn Comm High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Brick Porch or Patio
- Property is near park
Community Details
Overview
- Community Lake
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 26, 2023
Closed on
Feb 6, 2024
Sold by
Mat Construction Inc
Bought by
Guzman Julio A and Guzman Juliss J
Seller's Agent
Molly Mann
@properties Christie's International Real Estate
Buyer's Agent
Diana Martinez
Realty of America, LLC
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%
Views
576
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,087
Avg. Annual Appreciation
1.28%
Original Mortgage
$324,022
Outstanding Balance
$317,361
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$20,726
Purchase Details
Closed on
Aug 22, 2023
Sold by
Jolan Fejes Trust
Bought by
Mat Construction Llc
Purchase Details
Listed on
Aug 2, 2013
Closed on
Oct 17, 2013
Sold by
The Bank Of New York Mellon
Bought by
Fejes Jolan
Seller's Agent
Steve Meeker
Meeker Real Estate Inc
Buyer's Agent
John Wanda
Century 21 Circle
List Price
$104,900
Sold Price
$86,500
Premium/Discount to List
-$18,400
-17.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%
Purchase Details
Closed on
Aug 3, 2005
Sold by
Banuelos Oscar
Bought by
Thompson Ryan and Thompson Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,225
Interest Rate
5.69%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Oct 22, 2004
Sold by
Founders Bank
Bought by
Banuelos Oscar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
5.81%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Guzman Julio A | $330,000 | None Listed On Document | |
| Mat Construction Llc | $100,000 | None Listed On Document | |
| Fejes Jolan | $86,500 | None Available | |
| Thompson Ryan | $205,000 | First American Title | |
| Banuelos Oscar | $163,000 | Ticor Title Insurance Compan |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Guzman Julio A | $324,022 | |
| Previous Owner | Thompson Ryan | $51,225 | |
| Previous Owner | Thompson Ryan | $153,675 | |
| Previous Owner | Banuelos Oscar | $146,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/07/2024 02/07/24 | Sold | $330,000 | +1.5% | $232 / Sq Ft | |
| 01/05/2024 01/05/24 | Pending | -- | -- | -- | |
| 12/26/2023 12/26/23 | For Sale | $325,000 | +275.7% | $229 / Sq Ft | |
| 10/30/2013 10/30/13 | Sold | $86,500 | -2.8% | $61 / Sq Ft | View Prior Sale |
| 09/30/2013 09/30/13 | Pending | -- | -- | -- | |
| 09/11/2013 09/11/13 | Price Changed | $89,000 | -9.7% | $63 / Sq Ft | |
| 08/26/2013 08/26/13 | Price Changed | $98,600 | -6.0% | $69 / Sq Ft | |
| 08/02/2013 08/02/13 | For Sale | $104,900 | -- | $74 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,423 | $21,000 | $3,750 | $17,250 |
| 2024 | $6,423 | $21,000 | $3,750 | $17,250 |
| 2023 | $5,705 | $21,000 | $3,750 | $17,250 |
| 2022 | $5,705 | $15,063 | $3,281 | $11,782 |
| 2021 | $5,580 | $15,062 | $3,281 | $11,781 |
| 2020 | $5,468 | $15,062 | $3,281 | $11,781 |
| 2019 | $4,935 | $13,608 | $2,968 | $10,640 |
| 2018 | $4,748 | $13,608 | $2,968 | $10,640 |
| 2017 | $4,756 | $13,608 | $2,968 | $10,640 |
| 2016 | $4,201 | $11,467 | $2,500 | $8,967 |
| 2015 | $4,155 | $11,467 | $2,500 | $8,967 |
| 2014 | $4,108 | $11,467 | $2,500 | $8,967 |
| 2013 | $3,770 | $14,347 | $2,500 | $11,847 |
Source: Public Records
Agents Affiliated with this Home
-
Molly Mann
-
Diana Martinez
Buyer's Agent in 2024
Diana Martinez
Realty of America, LLC
(773) 673-3145
1 in this area
22 Total Sales
-
Steve Meeker
Seller's Agent in 2013
Steve Meeker
Meeker Real Estate Inc
(219) 796-6924
338 Total Sales
-
John Wanda
Buyer's Agent in 2013
John Wanda
Century 21 Circle
(708) 912-7375
27 in this area
97 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11946885
APN: 24-09-110-021-0000
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