NOT LISTED FOR SALE

8725 S 55th Ct Oak Lawn, IL 60453

Estimated Value: $292,000 - $304,000

4 Beds
2 Baths
1,450 Sq Ft
$206/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $202,000 $139 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,043/month

16 Days on Market

Highlights

  • Ranch Style House
  • Property is near a bus stop
  • Central Air
  • Hometown Elementary School Rated 9+

About This Home

As of August 2018

This spacious Oak Lawn Ranch has 4 bedroom and 1.5 baths. Tons of sqft footage inside and out for the price. Fenced yard great for the kids and entertaining. Great block with amazing, longtime neighbors. Owners raised their family here and it's time to downsize. WILL NOT LAST LONG!!!!!!

Last Agent to Sell the Property

Kyle Altenburg

Hanley Realty, Inc. License #471020591 Listed on: 05/29/2018

Last Buyer's Agent

Joel Nava

RE/MAX Premier License #475165336

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,409

Year Built

  • 1959

Lot Details

  • 8,276

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Parking

  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Crawl Space
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,409

Year Built

1959

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1959
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 18X15, On Level: Main Level
  • Basement: Crawl
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 15X9, On Level: Main Level
  • Kitchen Type: Dimensions: 14X8, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 20X12, On Level: Main Level
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level
  • Bedroom 3: Dimensions: 13X9, On Level: Main Level
  • Bedroom 4: Dimensions: 11X10, On Level: Main Level
  • Estimated Sq Ft: 1450

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1917

Garage/Parking

  • Number of Cars: 4
  • Parking: Space/s
  • Parking Details: Off Street, Driveway
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 1228

Schools

  • School District: 123
  • Junior High Dist: 123

Lot Info

  • Lot Dimensions: 8350
  • Parcel Identification Number: 24041020700000

Tax Info

  • Taxes: 3936.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2018
Closed on
Jul 31, 2018
Sold by
Steuben David C and Stueben Debra L
Bought by
Rangel Maria N and Nava Jose T
Seller's Agent
Kyle Altenburg
Hanley Realty, Inc.
Buyer's Agent
Joel Nava
RE/MAX Premier
List Price
$209,900
Sold Price
$202,000
Premium/Discount to List
-$7,900
-3.76%
Current Estimated Value
$299,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,078
Avg. Annual Appreciation
5.61%
Original Mortgage
$193,801
Outstanding Balance
$168,308
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$130,770
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
Rangel Maria N $202,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rangel Maria N $193,801
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2018 08/03/18 Sold $202,000 -3.8% $139 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $209,900 -- $145 / 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 $5,409 $21,000 $5,845 $15,155
2023 $4,756 $21,000 $5,845 $15,155
2022 $4,756 $15,977 $5,010 $10,967
2021 $5,080 $17,043 $5,010 $12,033
2020 $5,061 $17,043 $5,010 $12,033
2019 $4,662 $16,285 $4,592 $11,693
2018 $4,483 $16,285 $4,592 $11,693
2017 $4,512 $16,285 $4,592 $11,693
2016 $3,936 $13,242 $3,757 $9,485
2015 $3,847 $13,242 $3,757 $9,485
2014 $3,166 $13,242 $3,757 $9,485
2013 $4,356 $16,169 $3,757 $12,412
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09966106

Midwest Real Estate Data (MRED)

APN: 24-04-102-070-0000