NOT LISTED FOR SALE

5722 W 88th Place Oak Lawn, IL 60453

Estimated Value: $637,000 - $693,000

5 Beds
6 Baths
4,300 Sq Ft
$154/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $505,000 $117 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,668/month

12 Days on Market

Highlights

  • Landscaped Professionally
  • Traditional Architecture
  • Main Floor Bedroom
  • Vaulted Ceiling
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of May 2019

Breathtaking 5 bed/5.1 bath 3 story home features hardwood floors, formal dining rm w/tray ceiling, spacious gourmet eat in kitchen, cherry cabinets, granite counter tops, breakfast bar, SS appliances, double oven & subzero refrigerator, inviting family room w/fireplace & double french doors to patio, den, ML powder & mud room. Second level features huge master suite w/fireplace, balcony, master bath w/dual vanities, whirlpool tub & separate walk in shower, 2 walk in closets, 2nd floor laundry, 3 additional good sized bedrooms, one w/walk in closet & Jack & Jill bath w/dual sinks adjoins to second additional bedroom, third additional bedroom w/full bath. Third floor features 5th bedroom & walk in closet & 2nd closet, full bath w/walk in shower & skylight. All baths have granite counter-tops. Basement features office & new full bath w/walk in shower. Exterior has stamped concrete patio w/fireplace, outdoor kitchen w/granite & grill. Attached 3 car garage. Central vac. Newer H2O heater.

Last Agent to Sell the Property

Mary Wallace

Coldwell Banker Realty License #475136800 Listed on: 03/08/2019

Coldwell Banker Realty

Last Buyer's Agent

Jason Smith

Hoffman Realtors LLC License #475180201

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,438

Year Built

  • 2007

Lot Details

  • Southern Exposure
  • Fenced Yard
  • Landscaped Professionally

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Vaulted Ceiling
  • Heatilator
  • See Through Fireplace
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Sitting Room
  • Home Office
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Rough-In Basement Bathroom

Outdoor Features

  • Patio
  • Terrace

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,438

Year Built

2007

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 11-15 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.1
  • Style Of House: Traditional
  • Type Detached: 3 Stories
  • Estimated Year Built: 2007
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 11
  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Cooktop
  • Equipment: Humidifier, Central Vacuum, TV-Cable, Intercom, Ceiling Fan, Sump Pump
  • Fireplace Details: See through/Multi Sided, Gas Logs, Gas Starter, Heatilator Type System
  • Fireplace Location: Family Room, Master Bedroom
  • Basement: Full
  • Basement: Partially Finished, Bathroom Rough-In
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 9X6, On Level: 2nd Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 27X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Sitting Room, Office, Foyer, Mud Room, Den, Terrace
  • Master Bedroom: Dimensions: 30X18, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 26X13, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 2 Name: Sitting, Dimensions: 17X8, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 18X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Office, Dimensions: 18X13, On Level: Basement, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 17X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Foyer, Dimensions: 16X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 27X16, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 5 Name: Mud, Dimensions: 10X7, On Level: Main Level, Flooring: Hardwood
  • Additional Room 6 Name: Den, Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 9 Name: Terrace, Dimensions: 52X14, On Level: Main Level, Flooring: Other
  • Estimated Sq Ft: 4300
  • Dining Room Type: Separate
  • Family Room: Dimensions: 30X18, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: S (South)
  • Acreage: 0.1783

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 122

Lot Info

  • Lot Dimensions: 60 X 131
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 24052100570000

Tax Info

  • Taxes: 10981.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
May 3, 2019
Sold by
Rutledge John and Rutledge Margaret
Bought by
Madden Michael A and Laughlin Lisa M
Seller's Agent
Mary Wallace
Coldwell Banker Realty
Buyer's Agent
Jason Smith
Hoffman Realtors LLC
List Price
$524,900
Sold Price
$505,000
Premium/Discount to List
-$19,900
-3.79%
Current Estimated Value
$661,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,928
Avg. Annual Appreciation
4.26%
Original Mortgage
$400,000
Outstanding Balance
$352,035
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$309,893

Purchase Details

Closed on
Jun 27, 2012
Sold by
Rutledge John and Rutledge Margaret
Bought by
Rutledge John and Rutledge Margaret

Purchase Details

Closed on
Nov 2, 2005
Sold by
Chicago Title Land Trust Co
Bought by
Rutledge John and Rutledge Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2004
Sold by
Tesar Linda
Bought by
Chicago Title Land Trust Co and Fifth Third Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 17, 1995
Sold by
Tesar Frank J and Tesar Joan
Bought by
First National Bank Of Evergreen Park

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.26%

Purchase Details

Closed on
May 23, 1995
Sold by
Tesar Frank J and Tesar Joan E
Bought by
Tesar Frank J and Tesar Joan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.26%

Purchase Details

Closed on
May 17, 1995
Sold by
First National Bank Of Evergreen Park
Bought by
Tesar Frank J and Tesar Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.26%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Madden Michael A $505,000 Fidelity National Title Co
Rutledge John -- None Available
Rutledge John $145,000 Cti
Chicago Title Land Trust Co -- --
First National Bank Of Evergreen Park -- --
Tesar Frank J -- Ticor Title
Tesar Frank J -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madden Michael A $400,000
Previous Owner Rutledge John $116,000
Previous Owner Chicago Title Land Trust Co $129,500
Previous Owner Tesar Frank J $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $505,000 -3.8% $117 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $524,900 -- $122 / 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 $14,438 $53,000 $5,630 $47,370
2023 $13,903 $53,000 $5,630 $47,370
2022 $13,903 $43,005 $4,853 $38,152
2021 $14,635 $43,004 $4,853 $38,151
2020 $14,340 $43,004 $4,853 $38,151
2019 $11,282 $38,180 $4,464 $33,716
2018 $10,810 $38,180 $4,464 $33,716
2017 $10,982 $38,180 $4,464 $33,716
2016 $9,885 $31,942 $3,688 $28,254
2015 $9,768 $31,942 $3,688 $28,254
2014 $11,163 $36,377 $3,688 $32,689
2013 $9,868 $35,438 $3,688 $31,750
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10301852

Midwest Real Estate Data (MRED)

APN: 24-05-210-057-0000