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10817 Lorel Avenue

10817 Lorel Avenue, Oak Lawn, IL 60453
Property in Oak Lawn
Sold Sep 18, 2015
$275,000
$206,175 by Caliber Home Loans Inc
Mortgage Due Oct 01, 2045
Sold May 06, 2010
$280,000
$224,000 by Us Bank Na
Mortgage Due May 01, 2040
Local assessors in Oak Lawn, IL have categorized 10817 Lorel Avenue as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 6,875 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 550 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10817 Lorel Avenue has a total of 2,067 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 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, 10817 Lorel Avenue sold most recently in Aug 5, 2015 for a total of $275,000. If you work out the math, that's approximately a cost of $133.04 per sqft. Before that, the property was also sold for $280,000 in Apr 29, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,913 in taxes each year. 10817 Lorel Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,000. If we break it down further, the land itself was valued at $6,359. Improvements to the property, however, were assessed at a total of $28,641. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,875
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,067
  • Gross Building Area: 2,067
  • Building Area: 2,067
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,067
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EAGLE RDG PH 03
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TRUONG THANH
  • Current Owner 2: NGUYEN QUYET
  • Previous Owner : EDIRISINGHE INDIKA M
  • Previous Owner 2: GUNASEKARA SAMINDI M
  • Owner Before Previous Owner: LUNN DEBRA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alsip-Hazelgreen-Oaklawn School District 126
  • Census Tract: 822602

Geography

  • District: 39
  • Parcel: 24-16-309-012-0000
  • Lot: 194
  • Meridian: SEC 16 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.6951
  • Longitude: -87.7535

    Address

  • Full Address: 10817 Lorel Ave
  • Address - House Number: 10817
  • Address - Street Name: Lorel
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Lawn
  • Carrier Code: C045
  • 4-Digit Zip Code: 5069
  • Zip Code: 60453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,913
  • Tax Rate Code Area: 39028

    Appraisal Valuation

  • Standard Deviation: 0.2299
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 408,841
  • High Value: 502,863
  • Low Value: 314,819

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,175
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 18, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $206,175
  • 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: Oct 01, 2045

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $63,590
  • Market Improvement Value: $286,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $6,359
  • Assessed Improvements Value: $28,641

    Sales

  • Current Sale Contract Date: Aug 05, 2015
  • Current Sale Recording Date: Sep 18, 2015
  • Current Sale Transaction ID: 1294374433
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1526126082
  • Previous Sale Recording Date: May 06, 2010
  • Previous Sale Contract Date: Apr 29, 2010
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Sep 18, 2015
  • First Mortgage Loan Amount: $206,175
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: May 06, 2010
  • Previous Mortgage Loan Amount: $224,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2040

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Frequently Asked Questions

What neighborhood is 10817 Lorel Avenue located in?
The 10817 Lorel Avenue is a located in the neighborhood of Oak Lawn in Oak Lawn, Oak Lawn.
What is the average sales price for listings in 10817 Lorel Avenue?
The average sales price for units in 10817 Lorel Avenue is $0 currently.

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