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10428 Georgia Lane

10428 Georgia Lane, Oak Lawn, IL 60453
House in Oak Lawn
Sold Dec 08, 2020
$280,000
$280,000 by Credit Union 1
Mortgage Due Sep 01, 2050
Sold Oct 30, 2001
$230,000
$120,000 by Founders Bank
Mortgage Due Sep 01, 2016
Local assessors in Oak Lawn, IL have categorized 10428 Georgia Lane as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 7,370 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10428 Georgia Lane has a total of 2,132 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a hot water heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10428 Georgia Lane sold most recently in Aug 20, 2020 for a total of $280,000. If you work out the math, that's approximately a cost of $131.33 per sqft. Before that, the property was also sold for $230,000 in Aug 31, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,392 in taxes each year. 10428 Georgia Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,001. If we break it down further, the land itself was valued at $5,528. Improvements to the property, however, were assessed at a total of $29,473. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,370
  • Total Building Area: 2,132
  • Gross Building Area: 2,132
  • Building Area: 2,132
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,132
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BUSCH & STATHIS THIRD
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (BUSCH) & (STATHIS) (THIRD) MAPLEWOOD PK ADD A RESUB OF PT LT3 IN BLK4 IN FREDK H BARTLETTS MAPLEWOOD PK SUB LTS2-4 EX E2ACS

Ownership

  • Current Owner : LAND CHANTAL NICOLE
  • Current Owner 2: LAND QUENTIN CHRISTOPHER
  • Previous Owner : KENNEDY JOHN J
  • Previous Owner 2: KENNEDY CATHERINE B
  • Owner Before Previous Owner: BOUDREAD LOIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Community High School District 218
  • Census Tract: 822602

Geography

  • District: 39
  • Parcel: 24-16-112-036-0000
  • Block: 4
  • Lot: 3
  • Meridian: SEC 16 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.7023
  • Longitude: -87.7563

    Address

  • Full Address: 10428 Georgia Ln
  • Address - House Number: 10428
  • Address - Street Name: Georgia
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Oak Lawn
  • Carrier Code: C037
  • 4-Digit Zip Code: 4635
  • Zip Code: 60453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,392
  • Tax Rate Code Area: 39022

    Appraisal Valuation

  • Standard Deviation: 0.2324
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 385,360
  • High Value: 474,941
  • Low Value: 295,778

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: CREDIT UNION 1
  • First Open Lien Mortgage Recording Date: Dec 08, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $280,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $350,010
  • Market Land Value: $55,280
  • Market Improvement Value: $294,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,001
  • Assessed Land Value: $5,528
  • Assessed Improvements Value: $29,473

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Dec 08, 2020
  • Current Sale Transaction ID: 11805686951
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2034325059
  • Previous Sale Recording Date: Oct 30, 2001
  • Previous Sale Contract Date: Aug 31, 2001
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CREDIT UNION 1
  • First Mortgage Transaction Date: Dec 08, 2020
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FOUNDERS BANK
  • Previous Mortgage Transaction Date: Oct 30, 2001
  • Previous Mortgage Loan Amount: $120,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: Sep 01, 2016

About Oak Lawn



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Frequently Asked Questions

What neighborhood is 10428 Georgia Lane located in?
The 10428 Georgia Lane is a house located in the neighborhood of Oak Lawn in Oak Lawn, Oak Lawn.
What is the average sales price for listings in 10428 Georgia Lane?
The average sales price for units in 10428 Georgia Lane is $289,900 , or $136/sqft. currently.

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