NOT LISTED FOR SALE

8701 S 51st Ave Oak Lawn, IL 60453

Estimated Value: $269,000 - $289,019

3 Beds
1 Bath
1,250 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $198,000 $158 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,948/month

2 Days on Market

Highlights

  • Ranch Style House
  • Stainless Steel Appliances
  • Breakfast Bar
  • Hometown Elementary School Rated 9+
  • Detached Garage
  • Patio

About This Home

As of October 2020

Beautiful 3br Home with a truly open space concept ready for your design ideas with nothing to do but move right in. In the kitchen area it features a nice 2 Tier Butcher block island with overhang for barstools to accomodate an eat in area if desired. It also has a Farmhouse style lighting above the island. New cabinets and SS appliances with a garbage disposal. Windows all around let in plenty of daylight. Canned lighting in the living area w/1 bluetooth built in speaker.Home is situated in a corner lot with a large fenced in yard on side of 87th St. for privacy and entertaining, 2.5 garage on the side of 87th St. and extra parking in the front of house. Bring in your buyers. If they like the open space concept they'll love what they can do with this one. Let the imagination begin for them. Photos shown are from when Seller lived in home. **Home also comes with a Home Warranty for appliances.** ***Listing Agent is related to Seller****

Last Agent to Sell the Property

Elvia Vergara

X-cito Realty License #471009181 Listed on: 08/18/2020

Last Buyer's Agent

Andres Olaez

Keller Williams ONEChicago License #475180182

Keller Williams ONEChicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,103

Year Built | Renovated

  • 1954 | 2017

Lot Details

  • 7,405

Parking

  • Detached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Laminate Flooring
  • Crawl Space
  • Patio
  • East or West Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,103

Year Built | Renovated

1954 | 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2017
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1954
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954
  • Year Renovated: 2017

Interior Features

  • Interior Property Features: Wood Laminate Floors
  • Number Of Rooms: 6
  • Living Room: Dimensions: 11X18, On Level: Main Level, Flooring: Wood Laminate, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 5X9, On Level: Main Level
  • Kitchen Type: Dimensions: 12X15, On Level: Main Level, Flooring: Wood Laminate, Windows: Shades
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X11, On Level: Main Level, Flooring: Wood Laminate, Windows: Shades
  • Bedroom 2: Dimensions: 9X12, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 9X10, On Level: Main Level, Flooring: Wood Laminate, Windows: Shades
  • Estimated Sq Ft: 1250
  • Family Room: Dimensions: 12X25, On Level: Main Level, Flooring: Wood Laminate, Windows: Shades

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: W (West)
  • Acreage: 0.178

Garage/Parking

  • Parking: Garage, Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt, Concrete
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 123
  • Junior High Dist: 123

Lot Info

  • Lot Dimensions: 61 X 126
  • Parcel Identification Number: 24042120010000

Tax Info

  • Taxes: 3456.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Oct 5, 2020
Sold by
Vergara Liliana
Bought by
Alicea Anthony
Seller's Agent
Elvia Vergara
X-cito Realty
Buyer's Agent
Andres Olaez
Keller Williams ONEChicago
List Price
$195,000
Sold Price
$198,000
Premium/Discount to List
$3,000
1.54%
Current Estimated Value
$281,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,517
Avg. Annual Appreciation
6.87%
Original Mortgage
$10,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 18, 2017
Sold by
First Midwest Bank
Bought by
Vergara Lilliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,812
Interest Rate
4.45%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2006
Sold by
Romano Joseph R
Bought by
Palos Bank & Trust Co and Trust #1-7064
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
Alicea Anthony $198,000 Citywide Title Corporation
Vergara Lilliana $176,000 None Available
Palos Bank & Trust Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alicea Anthony $8,397
Previous Owner Alicea Anthony $10,000
Previous Owner Alicea Anthony $194,413
Previous Owner Vergara Lilliana $172,812
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $198,000 +1.5% $158 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $195,000 -- $156 / 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 $5,103 $20,000 $5,427 $14,573
2023 $4,158 $20,000 $5,427 $14,573
2022 $4,158 $14,400 $4,652 $9,748
2021 $5,334 $14,398 $4,651 $9,747
2020 $4,101 $14,398 $4,651 $9,747
2019 $3,457 $12,961 $4,264 $8,697
2018 $4,522 $12,961 $4,264 $8,697
2017 $3,350 $12,961 $4,264 $8,697
2016 $2,967 $10,596 $3,488 $7,108
2015 $2,889 $10,596 $3,488 $7,108
2014 $2,218 $10,596 $3,488 $7,108
2013 $3,212 $13,363 $3,488 $9,875
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10822144

Midwest Real Estate Data (MRED)

APN: 24-04-212-001-0000