Seller's Agent in 2020
Lynn Schallmo
Village Realty, Inc.
(708) 945-4296
1 in this area
58 Total Sales
8540 161st St Unit 1 Tinley Park, IL 60487
East Fernway Park NeighborhoodEstimated Value: $257,000 - $269,000
2
Beds
2
Baths
1,500
Sq Ft
$176/Sq Ft
Est. Value
Highlights
- Loft
- Attached Garage
- Forced Air Heating and Cooling System
- Christa Mcauliffe School Rated A-
About This Home
As of November 2020Desirable end unit two-story duplex! Freshly painted, nicely updated! Welcoming front porch leads you into a two-story family room (tons of windows letting in ample light) with brick fireplace. This opens to the dining area that has a slider to a side patio and kitchen with granite counters and appliances stay. A laundry closet with washer and dryer is off kitchen along with a half bath and access to the one car garage. Going to the second floor you find a great loft area which could be office, play area for kids, additional family room, along with two very good sized bedrooms and a shared master bath. Master bedroom has a walk in closet! Note the low taxes! All this plus the award winning Tinley Park schools and close to train, shopping, and interstates plus amenities such as parks and trails.
Last Agent to Sell the Property
Village Realty, Inc. License #475139430 Listed on: 09/12/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,292
Year Built
- 1992
Lot Details
- 6.75
HOA Fees
- $220 per month
Parking
- Attached Garage
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Aluminum Siding
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Loft
Kitchen
- Oven or Range
- Dishwasher
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Community Details
- Pets Allowed
Listing and Financial Details
- Homeowner Tax Exemptions
- $3,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2020
Closed on
Oct 28, 2020
Sold by
Homback Ryan K and Mcmillan Erin E
Bought by
Wahba Reda and Awad Sabah A
Seller's Agent
Lynn Schallmo
Village Realty, Inc.
Buyer's Agent
Matthew Matta
Fair & Safe Realty LLC
List Price
$175,000
Sold Price
$177,000
Premium/Discount to List
$2,000
1.14%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,299
Avg. Annual Appreciation
8.40%
Original Mortgage
$168,150
Interest Rate
2.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 16, 2007
Sold by
Restivo Alfonso A
Bought by
Hornback Ryan K and Mcmillan Erin E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,500
Interest Rate
6.16%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 27, 2005
Sold by
Sefcik Linda J and Bienias Linda J
Bought by
Restivo Alfonso A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,750
Interest Rate
5.86%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wahba Reda | $177,000 | Fidelity National Title | |
| Hornback Ryan K | $203,500 | Ticor Title | |
| Restivo Alfonso A | $175,000 | Millennium Title Group |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wahba Reda | $168,150 | |
| Previous Owner | Hornback Ryan K | $203,500 | |
| Previous Owner | Restivo Alfonso A | $169,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2020 11/03/20 | Sold | $177,000 | +1.1% | $118 / Sq Ft |
| 09/21/2020 09/21/20 | Pending | -- | -- | -- |
| 09/17/2020 09/17/20 | For Sale | $175,000 | 0.0% | $117 / Sq Ft |
| 09/15/2020 09/15/20 | Pending | -- | -- | -- |
| 09/12/2020 09/12/20 | For Sale | $175,000 | 0.0% | $117 / Sq Ft |
| 07/10/2018 07/10/18 | Rented | $1,650 | 0.0% | -- |
| 07/02/2018 07/02/18 | Under Contract | -- | -- | -- |
| 06/29/2018 06/29/18 | For Rent | $1,650 | +6.5% | -- |
| 08/04/2016 08/04/16 | Under Contract | -- | -- | -- |
| 08/04/2016 08/04/16 | Rented | $1,550 | 0.0% | -- |
| 07/26/2016 07/26/16 | For Rent | $1,550 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,292 | $19,059 | $2,305 | $16,754 |
| 2023 | $5,025 | $19,059 | $2,305 | $16,754 |
| 2022 | $5,025 | $14,094 | $1,773 | $12,321 |
| 2021 | $4,863 | $14,094 | $1,773 | $12,321 |
| 2020 | $3,694 | $14,094 | $1,773 | $12,321 |
| 2019 | $2,606 | $11,464 | $1,596 | $9,868 |
| 2018 | $2,548 | $11,464 | $1,596 | $9,868 |
| 2017 | $2,499 | $11,464 | $1,596 | $9,868 |
| 2016 | $3,267 | $12,333 | $1,418 | $10,915 |
| 2015 | $3,190 | $12,333 | $1,418 | $10,915 |
| 2014 | $3,181 | $12,333 | $1,418 | $10,915 |
| 2013 | $3,751 | $15,049 | $1,418 | $13,631 |
Source: Public Records
Agents Affiliated with this Home
-
Lynn Schallmo
-
Matthew Matta
Buyer's Agent in 2020
Matthew Matta
Fair & Safe Realty LLC
(630) 854-1156
2 in this area
35 Total Sales
-
Nancy La Coco
N
Buyer's Agent in 2016
Nancy La Coco
Realty One Group Heartland
(708) 606-1623
3 in this area
36 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10855916
APN: 27-23-116-023-1083
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