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1415 Oakwood Avenue

1415 Oakwood Avenue, Des Plaines, IL 60016
House in Maine
Sold Sep 21, 2021
$345,000
$338,751 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2051
Sold Oct 17, 2016
$276,000
$220,800 by Cibm Bank
Mortgage Due Nov 01, 2031
Local assessors in Des Plaines, IL have categorized 1415 Oakwood Avenue as a residential type of property. The home was built in 1909 and is 115 years old. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 is one full bathroom. There are also 2 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 1415 Oakwood Avenue has a total of 1,224 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. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. 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 wood 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1415 Oakwood Avenue was last sold in Aug 9, 2021 for $345,000. According to our calculations, that's $281.86 per sqft. Prior to that sales transaction, the property was sold for $276,000 in Oct 11, 2016. Current property owners are expected to pay $8,491 in taxes per year. The property on 1415 Oakwood Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $33,000. To break that down further, the land itself was valued at $6,000. While improvements to the property were assessed at a total of $27,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1909
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,224
  • Gross Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROBINSONS ADD
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: J C (ROBINSONS) ADD TO DES PLAINES IN NE SEC 20-41-12

Ownership

  • Current Owner : LUISTRO LEOPOLDO
  • Current Owner 2: LUISTRO MARIA
  • Previous Owner : SYVERSEN ARNOLD
  • Previous Owner 2: SYVERSEN JENNY L
  • Owner Before Previous Owner: VIMA REAL ESTATE INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 806202

Geography

  • District: 22
  • Parcel: 09-20-212-003-0000
  • Block: 5
  • Lot: 13
  • Meridian: SEC 20 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.035
  • Longitude: -87.8892

    Address

  • Full Address: 1415 Oakwood Ave
  • Address - House Number: 1415
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C074
  • 4-Digit Zip Code: 6615
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,491
  • Tax Rate Code Area: 22028

    Appraisal Valuation

  • Standard Deviation: 0.2291
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 387,037
  • High Value: 475,738
  • Low Value: 298,337

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $338,751
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $338,751
  • 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, 2051

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $60,000
  • Market Improvement Value: $270,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $27,000

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Transaction ID: 11856784797
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2126446004
  • Previous Sale Recording Date: Oct 17, 2016
  • Previous Sale Contract Date: Oct 11, 2016
  • Previous Sale Amount: $276,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Sep 21, 2021
  • First Mortgage Loan Amount: $338,751
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CIBM BANK
  • Previous Mortgage Transaction Date: Oct 17, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $220,800
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2031

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Frequently Asked Questions

What neighborhood is 1415 Oakwood Avenue located in?
The 1415 Oakwood Avenue is a house located in the neighborhood of Maine in Des Plaines, Des Plaines.
What is the average sales price for listings in 1415 Oakwood Avenue?
The average sales price for units in 1415 Oakwood Avenue is $0 currently.

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