NOT LISTED FOR SALE

5608 W 87th Place Oak Lawn, IL 60453

Estimated Value: $290,000 - $350,000

4 Beds
2 Baths
1,300 Sq Ft
$244/Sq Ft Est. Value

Last Sold March 26, 2015

Last sale price $140,000 $108 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,353/month

232 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Detached Garage
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Skylights

About This Home

As of March 2015

EXTREMELY MOTIVATED SELLERS!!!Very Big and Beautiful 4 Bedroom, 2 Bathroom Home with Hardwood floors through out!! This home is Very well Maintained, The Owner took Great Care and Pride in this home. Eat-In kitchen with Oak Cabinets, Laundry room with washer and dryer, Deck, 2 Car Garage and a Fenced in yard. This house is HUGE!!!

Last Agent to Sell the Property

Mychal Toscas

Century 21 Circle License #475131627 Listed on: 06/24/2014

Century 21 Circle

Last Buyer's Agent

Ronald Daly

Coldwell Banker Real Estate Group License #475122512

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,555

Year Built

  • 1961

Lot Details

  • 5,227

Parking

  • Detached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Entrance Foyer
  • Wood Flooring
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Utilities

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

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,555

Year Built

1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1961
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood
  • Equipment: Ceiling Fan
  • Attic: Full
  • Basement: Crawl
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 9X6, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 18X17, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Foyer, Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 18X14, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1300

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.1271

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 229
  • Junior High Dist: 122

Lot Info

  • Lot Dimensions: 40X130
  • Parcel Identification Number: 24052030360000

Tax Info

  • Taxes: 1670.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2014
Closed on
Mar 25, 2015
Sold by
First Midwest Bank
Bought by
Sarsour Joseph
Seller's Agent
Mychal Toscas
Century 21 Circle
Buyer's Agent
Ronald Daly
Coldwell Banker Real Estate Group
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%
Current Estimated Value
$316,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,842
Avg. Annual Appreciation
7.95%
Original Mortgage
$119,000
Outstanding Balance
$47,238
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$264,292

Purchase Details

Closed on
Aug 16, 2007
Sold by
Mclaughlin John F
Bought by
Palos Bank & Trust Co and Trust #1-7275
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
Sarsour Joseph $140,000 Old Republic Natl Title Ins
Palos Bank & Trust Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarsour Joseph $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2015 03/26/15 Sold $140,000 -3.4% $108 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
01/24/2015 01/24/15 For Sale $144,900 0.0% $111 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $144,900 0.0% $111 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
11/10/2014 11/10/14 Price Changed $144,900 -6.5% $111 / Sq Ft
10/03/2014 10/03/14 Price Changed $154,900 -6.1% $119 / Sq Ft
08/23/2014 08/23/14 Price Changed $164,900 -3.0% $127 / Sq Ft
08/04/2014 08/04/14 Price Changed $169,999 -2.9% $131 / Sq Ft
07/29/2014 07/29/14 Price Changed $174,999 0.0% $135 / Sq Ft
06/24/2014 06/24/14 For Sale $175,000 -- $135 / 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 $7,555 $26,000 $4,013 $21,987
2023 $5,852 $26,000 $4,013 $21,987
2022 $5,852 $16,946 $3,459 $13,487
2021 $5,670 $16,661 $3,459 $13,202
2020 $5,556 $16,661 $3,459 $13,202
2019 $5,100 $15,709 $3,182 $12,527
2018 $4,887 $15,709 $3,182 $12,527
2017 $4,957 $15,709 $3,182 $12,527
2016 $4,790 $14,267 $2,629 $11,638
2015 $4,753 $14,267 $2,629 $11,638
2014 $1,931 $14,267 $2,629 $11,638
2013 $4,788 $15,920 $2,629 $13,291
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08654654

Midwest Real Estate Data (MRED)

APN: 24-05-203-036-0000