NOT LISTED FOR SALE

5510 Otto Place Oak Lawn, IL 60453

Estimated Value: $281,000 - $307,000

3 Beds
1 Bath
1,134 Sq Ft
$258/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $159,900 $141 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,034/month

60 Days on Market

Highlights

  • Landscaped Professionally
  • Ranch Style House
  • Sun or Florida Room
  • Hometown Elementary School Rated 9+
  • Wood Flooring
  • Detached Garage

About This Home

As of December 2016

Priced to sell! Great home, great price! Hurry to see this beautiful, brick three bedroom ranch. This home has been updated with newly refinished hardwood floors, white woodwork and doors. Sunny, eat-in kitchen features newer oak kitchen cabinets and ceramic tile flooring. Convenient laundry room directly off kitchen. Bathroom has been tastefully remodeled in classic tones of white. Relax in the spacious, attached 3-season room overlooking the back yard. Landscaping has been impeccably maintained. 2 car detached garage with side drive for plenty of additional parking. Newer 100 amp service installed in the house and 220 volt in the garage. Great location. Close to schools, shopping and train.

Last Agent to Sell the Property

Janice Natywa

Coldwell Banker Realty License #475096248 Listed on: 08/26/2016

Coldwell Banker Realty

Last Buyer's Agent

Alberto Avila

RE/MAX 10 License #475134051

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,715

Year Built

  • 1956

Lot Details

  • Landscaped Professionally

Parking

  • Detached Garage
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Bathroom on Main Level
  • Sun or Florida Room
  • Wood Flooring
  • Crawl Space
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,715

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1956
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X16, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Equipment: CO Detectors
  • Attic: Pull Down Stair
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 9X5, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Dimensions: 18X9, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Sun/Florida Room
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Sunroom, Dimensions: 19X11, On Level: Main Level, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 13X9, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1134

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.1515

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 229
  • High School: OAK LAWN COMM HIGH SCHOOL
  • Junior High Dist: 123

Lot Info

  • Lot Dimensions: 6,600 SQ. FT.
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 24041190120000

Tax Info

  • Taxes: 3663.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2016
Closed on
Nov 17, 2016
Sold by
Aronson David
Bought by
Castro Jorge G
Seller's Agent
Janice Natywa
Coldwell Banker Realty
Buyer's Agent
Alberto Avila
RE/MAX 10
List Price
$179,900
Sold Price
$159,900
Premium/Discount to List
-$20,000
-11.12%
Current Estimated Value
$292,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,832
Avg. Annual Appreciation
7.13%
Original Mortgage
$121,920
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2011
Sold by
Aronson Mary M
Bought by
Aronson David

Purchase Details

Closed on
Oct 27, 2003
Sold by
Havel Charles H
Bought by
Aronson Mary M
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
Castro Jorge G $160,000 None Available
Aronson David -- None Available
Aronson Mary M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castro Jorge G $121,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2016 12/30/16 Sold $159,900 0.0% $141 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
10/21/2016 10/21/16 Price Changed $159,900 -5.9% $141 / Sq Ft
09/29/2016 09/29/16 Price Changed $169,900 -2.9% $150 / Sq Ft
09/19/2016 09/19/16 Price Changed $174,900 -2.8% $154 / Sq Ft
08/26/2016 08/26/16 For Sale $179,900 -- $159 / 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 $5,715 $22,000 $4,620 $17,380
2023 $5,087 $22,000 $4,620 $17,380
2022 $5,087 $16,849 $3,960 $12,889
2021 $5,008 $16,849 $3,960 $12,889
2020 $4,990 $16,849 $3,960 $12,889
2019 $4,537 $15,940 $3,630 $12,310
2018 $4,363 $15,940 $3,630 $12,310
2017 $4,391 $15,940 $3,630 $12,310
2016 $3,750 $12,734 $2,970 $9,764
2015 $3,663 $12,734 $2,970 $9,764
2014 $3,641 $12,734 $2,970 $9,764
2013 $4,253 $15,848 $2,970 $12,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09326387

Midwest Real Estate Data (MRED)

APN: 24-04-119-012-0000