NOT LISTED FOR SALE

5540 Oak Center Dr Oak Lawn, IL 60453

Estimated Value: $326,000 - $367,000

4 Beds
2 Baths
1,400 Sq Ft
$246/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $265,000 $189 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,534/month

5 Days on Market

Highlights

  • Updated Kitchen
  • Ranch Style House
  • Granite Countertops
  • Sward Elementary School Rated 9+
  • Wood Flooring
  • Detached Garage

About This Home

As of November 2020

Brick Ranch w/ Rare Floor Plan featuring a Large Bright 30' long Great Room in the center of the home running from the front all the way to the back. There are Beautiful exposed Hardwood floors in the Eat-in Kitchen & the Bedrooms, and under the carpet in the Living & Dining Rooms. Also, Six Panel Doors & Granite Counters. This very Spacious home has Approx. 1,400 sq. ft on the Main Floor plus a Full Finished Basement! 1.5 Main Floor Baths, with an extra Shower in the Basement. Home has been updated with Thermalpane Windows, Furnace & C/A about 10 yrs. old, and Roof, Soffits and Gutters Brand NEW as of October 2019! Top Location & a Beautifully landscaped yard with a custom built Fountain, too.

Last Agent to Sell the Property

Tom Lemmenes

Tom Lemmenes, Inc. License #471005786 Listed on: 09/23/2020

Last Buyer's Agent

Magaly Lopez

Realty of America, LLC License #475185298

Realty of America, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,354

Year Built

  • 1957

Lot Details

  • 6,534

Parking

  • Detached Garage
  • Garage Door Opener
  • Side Driveway
  • Garage Is Owned

Home Design

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

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Additional Features

  • Wood Flooring
  • Stamped Concrete Patio

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,354

Year Built

1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 1400
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1957
  • Tax Exemptions: Homeowner, Senior
  • Total Sq Ft: 2800
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Ceiling Fan
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 12X8, On Level: Basement, Flooring: Other, Windows: All
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 18X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Table Space, Granite Counters, Updated Kitchen
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X11, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 1400
  • Estimated Total Finished Sq Ft: 1400
  • Basement Sq Ft: 1400
  • Main Level Sq Ft: 1400
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 27X24, On Level: Basement, Flooring: Carpet, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Stamped Concrete Patio
  • Acreage: 0.1584

Garage/Parking

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

Utilities

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

Schools

  • School District: 218
  • Junior High Dist: 123

Lot Info

  • Lot Dimensions: 60 X 115
  • Parcel Identification Number: 24093250320000

Tax Info

  • Taxes: 4462.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Nov 13, 2020
Sold by
Retsema Donald J and Retsema Elizabeth A
Bought by
Navarrete Gerardo B and Rosillo Liliana
Seller's Agent
Tom Lemmenes
Tom Lemmenes, Inc.
Buyer's Agent
Magaly Lopez
Realty of America, LLC
List Price
$269,900
Sold Price
$265,000
Premium/Discount to List
-$4,900
-1.82%
Current Estimated Value
$344,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,952
Avg. Annual Appreciation
5.28%
Original Mortgage
$251,750
Outstanding Balance
$227,300
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$112,603

Purchase Details

Closed on
Oct 17, 2013
Sold by
Retsema Donald Jack and Retsema Elizabeth Ann
Bought by
Retsema Donald J and Retsema Elizabeth A
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
Navarrete Gerardo B $265,000 Attorney
Retsema Donald J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navarrete Gerardo B $251,750
Previous Owner Retsema Donald Jack $60,000
Previous Owner Retsema Donald Jack $90,000
Previous Owner Retsema Donald Jack $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $265,000 -1.8% $189 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $269,900 -- $193 / 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 $8,354 $26,000 $4,140 $21,860
2023 $6,775 $26,000 $4,140 $21,860
2022 $6,775 $17,185 $3,623 $13,562
2021 $6,593 $17,184 $3,622 $13,562
2020 $4,407 $17,184 $3,622 $13,562
2019 $4,463 $17,813 $3,277 $14,536
2018 $4,688 $18,887 $3,277 $15,610
2017 $5,246 $20,112 $3,277 $16,835
2016 $3,617 $13,529 $2,760 $10,769
2015 $3,481 $13,529 $2,760 $10,769
2014 $3,467 $13,529 $2,760 $10,769
2013 $4,319 $17,101 $2,760 $14,341
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10879976

Midwest Real Estate Data (MRED)

APN: 24-09-325-032-0000