NOT LISTED FOR SALE

5901 W 89th St Oak Lawn, IL 60453

Estimated Value: $254,000 - $351,000

3 Beds
1 Bath
900 Sq Ft
$327/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $245,000 $272 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,876/month

11 Days on Market

About This Home

As of January 2022

Attention all kings and queens, enjoy your shinny new kitchen with all new appliances, cabinets and granite countertops for the chef in the family. Indulge yourself in your new white and beautiful relaxing bathroom. As you walk around take note of your solid refinished hardwood floors and freshly painted interior. Stay warm in the winter with your brand new furnace and cool down in the summer with your energy efficient ac unit. Skyrocketing energy bills no more with all brand new windows and new vinyl siding. Park your chariot in the brand new 2 car garage with an all new driveway and walkway. Keep everything fresh and clean with all new washer and dryer which is separate from the main parts of the home. Huge corner lot with with side privacy and only one neighbor. This one won't last long, vacant show anytime.

Last Agent to Sell the Property

Ream Masoud

Dream Realty Services License #471007392 Listed on: 11/28/2021

Last Buyer's Agent

Paula Butler

Realty One Group Heartland License #475177400

Realty One Group Heartland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,787

Year Built | Renovated

  • 1960 | 2021

Lot Details

  • 6,534

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Aluminum Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,787

Year Built | Renovated

1960 | 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Architectural Style: Ranch
  • Directions: TAKE CENTRAL AVE (5600W) TO 89th STREET WEST TO PROPERTY ( NO SIGN)
  • Lot Size: 56.37 X 118.68
  • Master Model: RANCH
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1960
  • Year Renovated: 2021

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 900
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 900
  • Total Sq Ft: 900
  • Upper Level Sq Ft: 900
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s)
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Aluminum Siding
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Harnew Elementary School
  • High School: Oak Lawn Comm High School
  • Junior High Dist: 229
  • Middle Or Junior School: Simmons Middle School

Lot Info

  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 2990.04
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2021
Closed on
Feb 17, 2022
Sold by
Dream Realty & Investments Inc
Bought by
Wells Robert W and Wells Kim Berly
Seller's Agent
Ream Masoud
Dream Realty Services
Buyer's Agent
Paula Butler
Realty One Group Heartland
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$294,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,225
Avg. Annual Appreciation
5.07%
Original Mortgage
$240,562
Outstanding Balance
$226,098
Interest Rate
4.62%
Estimated Equity
$68,127

Purchase Details

Listed on
Nov 28, 2021
Closed on
Jan 31, 2022
Sold by
Dream Realty & Investments Inc
Bought by
Wells Robert W and Wells Kim Berly
Seller's Agent
Ream Masoud
Dream Realty Services
Buyer's Agent
Paula Butler
Realty One Group Heartland
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,562
Outstanding Balance
$226,098
Interest Rate
4.62%
Estimated Equity
$68,127

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 3, 2021
Sold by
Graves Chad E and Graves Erica L
Bought by
Dream Realty & Investments Inc
Seller's Agent
Carl Bohne
RE/MAX 1st Service
Buyer's Agent
Carl Bohne
RE/MAX 1st Service
List Price
$134,900
Sold Price
$137,000
Premium/Discount to List
$2,100
1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
426.35%

Purchase Details

Closed on
Dec 19, 2003
Sold by
Hartigan Heather M
Bought by
Graves Chad E and Graves Erica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,700
Interest Rate
8.17%
Mortgage Type
Unknown
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
Wells Robert W $245,000 --
Wells Robert W $245,000 --
Dream Realty & Investments Inc $137,000 Old Republic Title
Graves Chad E $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Robert W $240,562
Previous Owner Graves Chad E $120,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2022 01/31/22 Sold $245,000 0.0% $272 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
11/28/2021 11/28/21 For Sale $245,000 +78.8% $272 / Sq Ft
09/27/2021 09/27/21 Sold $137,000 +1.6% $152 / Sq Ft View Prior Sale
08/14/2021 08/14/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $134,900 -- $150 / 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 $3,787 $19,000 $4,863 $14,137
2023 $4,165 $19,000 $4,863 $14,137
2022 $4,165 $11,861 $4,193 $7,668
2021 $2,903 $11,859 $4,192 $7,667
2020 $2,920 $11,859 $4,192 $7,667
2019 $2,990 $12,639 $3,857 $8,782
2018 $2,863 $12,639 $3,857 $8,782
2017 $2,923 $12,639 $3,857 $8,782
2016 $2,669 $10,448 $3,186 $7,262
2015 $2,607 $10,448 $3,186 $7,262
2014 $3,029 $11,743 $3,186 $8,557
2013 $3,234 $13,381 $3,186 $10,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11277407

Midwest Real Estate Data (MRED)

APN: 24-05-216-025-0000