NOT LISTED FOR SALE

8729 S 50th Ave Oak Lawn, IL 60453

Estimated Value: $274,000 - $322,281

4 Beds
1.5 Baths
1,396 Sq Ft
$218/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $350,000 $251 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,972/month

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Laundry Room
  • Hometown Elementary School Rated 9+
  • 2 Car Detached Garage
  • Central Air

About This Home

As of May 2023

Stunning remodeled brick split level in desirable Oak Lawn! Main floor features a spacious living/dining room with refinished hardwood floors, custom design walls and fireplace, beautiful lighting and fresh paint throughout! Beautiful designer kitchen with black stainless steel appliances, brand new white shaker cabinets, quartz countertops, and a beautiful coffee bar area. Second floor features 3 large bedrooms with hardwood floors, fresh paint, new lighting, and brand new doors. Large designer bathroom with double sinks, quartz countertops, new faucets, lighting, vanity, shower, and flooring. Lower level features a 4th bedroom and family room with brand new carpeting, paint, and lighting. House and garage roofs brand new! This home is surrounded by a beautifully landscaped yard and a long driveway to accommodate all your parking needs. Great location near Lewandowski Arboretum, shopping, Metra, restaurants, gym, parks, library, Christ hospital, and downtown Oak Lawn! Property is being sold as is. *Property sits on 2 Tax Pins that make up one full lot, total 2020 taxes for both lots was $6,592.32 with Homeowner Exemption.*

Last Agent to Sell the Property

Ream Masoud

Dream Realty Services License #471007392 Listed on: 03/29/2023

Last Buyer's Agent

Kristena Williams

Real People Realty License #475192814

Real People Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,321

Year Built

  • Built in 1967 | Remodeled in 2023

Lot Details

  • 3,324 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level with Sub
  • Brick Exterior Construction

Interior Spaces

  • 1,396 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Oak Lawn-Hometown Middle Elementary School
  • Oak Lawn Comm High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,321

Year Built

Built in 1967 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1396
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 400
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm,Kitchen/Dining Combo
  • Total Sq Ft: 400
  • Basement Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 400
  • Lower Level Sq Ft: 400
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 349900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Number of Cars: 4
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Oak Lawn-Hometown Middle School
  • High School: Oak Lawn Comm High School
  • Middle/Junior School District: 123

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0763
  • Lot Dimensions: 6650
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3321
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 1, 2023
Sold by
Dream Realty & Investments Inc
Bought by
Zavala Luis
Seller's Agent
Ream Masoud
Dream Realty Services
Buyer's Agent
Kristena Williams
Real People Realty
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Views
54
Current Estimated Value
$306,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,235
Avg. Annual Appreciation
-6.92%
Original Mortgage
$335,775
Outstanding Balance
$328,538
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
-$31,296

Purchase Details

Closed on
Aug 25, 2004
Sold by
Russo William M and Russo Geraldine
Bought by
Mejia Jeronimo and Mejia Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.95%
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
Zavala Luis $350,000 Old Republic Title
Mejia Jeronimo $240,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zavala Luis $335,775
Previous Owner Mejia Jeronimo $133,500
Previous Owner Mejia Jeronimo $140,000
Previous Owner Russo William M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $350,000 0.0% $251 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $349,900 +55.5% $251 / Sq Ft
11/30/2022 11/30/22 Sold $225,000 -10.0% $161 / Sq Ft
11/01/2022 11/01/22 For Sale $249,900 +11.1% $179 / Sq Ft
10/29/2022 10/29/22 Off Market $225,000 -- --
10/28/2022 10/28/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $249,900 -- $179 / 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 $4,129 $13,501 $2,328 $11,173
2023 $3,379 $13,501 $2,328 $11,173
2022 $3,379 $10,632 $1,995 $8,637
2021 $3,322 $10,631 $1,995 $8,636
2020 $3,296 $10,631 $1,995 $8,636
2019 $3,359 $10,978 $1,828 $9,150
2018 $3,231 $10,978 $1,828 $9,150
2017 $3,247 $10,978 $1,828 $9,150
2016 $2,986 $9,399 $1,496 $7,903
2015 $2,930 $9,399 $1,496 $7,903
2014 $2,578 $9,399 $1,496 $7,903
2013 $3,193 $11,239 $1,496 $9,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11747569

Midwest Real Estate Data (MRED)

APN: 24-04-202-022-0000