NOT LISTED FOR SALE

8812 S 50th Ave Oak Lawn, IL 60453

Estimated Value: $254,000 - $275,920

3 Beds
1 Bath
1,200 Sq Ft
$219/Sq Ft Est. Value

Last Sold August 13, 2024

Last sale price $244,100 $203 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,817/month

3 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Whole House Fan
  • Hometown Elementary School Rated 9+
  • 2 Car Detached Garage
  • Central Air

About This Home

As of August 2024

MULTIPLE OFFERS RECIVED.. SELLER ASKING FOR HIGHEST AND BEST BY 07.16.2024 @ 10 AM......Discover this charming and affordable 3 bedroom, 1 bath brick ranch-style home with endless possibilities.. Original hardwood floors throughout the house.. Kitchen with space for every-day eating and adjacent laundry/utility room.. Located on a quite treelined street.. Enjoy close proximity to schools, shopping, and plenty of dining options Oak Lawn has to offer.. Long side driveway with access to oversized, heated and air conditioning 2.5 car garage provide ample space for parking, storage, and workshop, ensuring all your vehicles and belongings are neatly accommodated.. Step outside into this beautiful fenced-in back yard with patio, shed for extra storage.. perfect for outdoor activities, gardening, or simply enjoying the fresh air.. Property is an Estate sale, and is being sold as is, giving you the flexibility to make some renovations, to customize this ranch to your taste.. You can create the living space you always imagined and above all get you instant equity.. Roof on the house appx. 10 years old.. Don`t miss out this amazing opportunity.. schedule your appointment today!!

Last Agent to Sell the Property

Halina Pociask

HomeSmart Realty Group Listed on: 07/12/2024

HomeSmart Realty Group

Last Buyer's Agent

Ignacio Mendoza

Compass License #475179579

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,856

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 50x126
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Side Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • Whole House Fan
  • Ceiling Fan
  • Wood Flooring
  • Sump Pump
  • Carbon Monoxide Detectors
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer

Schools

  • Oak Lawn Comm High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,856

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Laundry
  • LivingArea: 1200
  • Other Equipment: CO Detectors, Ceiling Fan(s), Fan-Whole House, Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 239900
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Side Drive
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Dimensions: 50X126
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1856
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Aug 2, 2024
Sold by
Chicago Title Land Trust Company
Bought by
Deleon Sonia
Seller's Agent
Halina Pociask
HomeSmart Realty Group
Buyer's Agent
Ignacio Mendoza
Compass
List Price
$239,900
Sold Price
$244,100
Premium/Discount to List
$4,200
1.75%
Views
46
Current Estimated Value
$263,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,130
Avg. Annual Appreciation
7.68%
Original Mortgage
$100,000
Outstanding Balance
$99,030
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$164,200

Purchase Details

Closed on
Sep 28, 2018
Sold by
Schuh Ruth
Bought by
Chicago Title Land Trust Company and Trust Number 8002379093

Purchase Details

Closed on
Nov 22, 2005
Sold by
Cipriani Rocco V
Bought by
Schuh Thomas and Schuh Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 5, 2003
Sold by
Vargas Ricardo and Vargas Margaret E
Bought by
Cipriani Rocco V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 9, 2002
Sold by
Vargas Ricardo
Bought by
Vargas Ricardo and Vargas Margaret E

Purchase Details

Closed on
Apr 26, 1996
Sold by
Laird Robert G and Laird Jeanne T
Bought by
Vargas Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,479
Interest Rate
7.78%
Mortgage Type
FHA
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
Deleon Sonia $244,500 Chicago Title
Chicago Title Land Trust Company -- Chicago Title Land Trust Com
Schuh Thomas $205,000 Ticor Title
Cipriani Rocco V $176,000 Ct
Vargas Ricardo -- Ticor Title
Vargas Ricardo $121,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deleon Sonia $100,000
Previous Owner Schuh Thomas $106,580
Previous Owner Schuh Thomas $112,000
Previous Owner Schuh Thomas $85,000
Previous Owner Cipriani Rocco $25,000
Previous Owner Cipriani Rocco V $158,000
Previous Owner Vargas Ricardo $119,479
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2024 08/13/24 Sold $244,100 +1.8% $203 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $239,900 -- $200 / 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 $4,598 $21,000 $4,445 $16,555
2023 $1,948 $21,000 $4,445 $16,555
2022 $1,948 $16,787 $3,810 $12,977
2021 $1,856 $16,787 $3,810 $12,977
2020 $1,694 $16,787 $3,810 $12,977
2019 $1,870 $14,828 $3,492 $11,336
2018 $1,802 $14,828 $3,492 $11,336
2017 $1,774 $14,828 $3,492 $11,336
2016 $2,749 $12,381 $2,857 $9,524
2015 $2,857 $12,381 $2,857 $9,524
2014 $2,858 $12,381 $2,857 $9,524
2013 $3,390 $15,043 $2,857 $12,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12109244

Midwest Real Estate Data (MRED)

APN: 24-04-220-016-0000