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1438 Oak Street

1438 Oak Street, Western Springs, IL 60558
House in Lyons
Sold Jun 06, 2019
$690,000
$479,000 by Numark Cu
Mortgage Due Dec 01, 2050
Sold Dec 07, 2009
$345,000
$276,000 by Banc Group Mortgage Corp
Mortgage Due Nov 01, 2039
1438 Oak Street has been categorized by the local assessors in Western Springs, IL as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1438 Oak Street has 2,654 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1438 Oak Street sold most recently in May 23, 2019 for a total of $690,000. If you work out the math, that's approximately a cost of $259.98 per sqft. Before that, the property was also sold for $345,000 in Oct 30, 2009. 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 $15,217 in taxes each year. 1438 Oak Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $85,000. If we break it down further, the land itself was valued at $8,250. Improvements to the property, however, were assessed at a total of $76,750. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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
Cedar Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,654
  • Gross Building Area: 2,654
  • Building Area: 2,654
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,654
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CALDWELLS SUB
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: J. C. (CALDWELLS) SUB OF ALL EX BLK15 & N2ACS OF EH B LK16 IN C C LAYS ADD TO WESTERN SPRINGS A SUB OF E PT OF NW 6-38-12 & N

Ownership

  • Current Owner : SYKES BRIAN E
  • Current Owner 2: SYKES KELLY M
  • Previous Owner : ELTER GEOFFREY B
  • Previous Owner 2: ELTER GINA M
  • Owner Before Previous Owner: CONSTANTINE DIANE M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 819900

Geography

  • District: 21
  • Parcel: 18-06-113-023-0000
  • Block: 15,B
  • Lot: 13
  • Meridian: SEC 06 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.816
  • Longitude: -87.9106

    Address

  • Full Address: 1438 Oak St
  • Address - House Number: 1438
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: IL
  • City Name: Western Springs
  • Carrier Code: C002
  • 4-Digit Zip Code: 1066
  • Zip Code: 60558

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,217
  • Tax Rate Code Area: 21034

    Appraisal Valuation

  • Standard Deviation: 0.2272
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 897,307
  • High Value: 1,101,197
  • Low Value: 693,416

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $579,000
  • First Open Lien Mortgage Lender: NUMARK CU
  • First Open Lien Mortgage Recording Date: Feb 05, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $479,000
  • 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: Dec 01, 2050
  • Second Open Lien Mortgage Lender: NUMARK CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jan 26, 2024
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $850,000
  • Market Land Value: $82,500
  • Market Improvement Value: $767,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,000
  • Assessed Land Value: $8,250
  • Assessed Improvements Value: $76,750

    Sales

  • Current Sale Contract Date: May 23, 2019
  • Current Sale Recording Date: Jun 06, 2019
  • Current Sale Transaction ID: 11611441545
  • Current Sale Price: $690,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1915712060
  • Previous Sale Recording Date: Dec 07, 2009
  • Previous Sale Contract Date: Oct 30, 2009
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 06, 2019
  • First Mortgage Loan Amount: $495,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANC GROUP MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 07, 2009
  • Previous Mortgage Loan Amount: $276,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2039

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Frequently Asked Questions

What neighborhood is 1438 Oak Street located in?
The 1438 Oak Street is a house located in the neighborhood of Lyons in Western Springs, Western Springs.
What is the average sales price for listings in 1438 Oak Street?
The average sales price for units in 1438 Oak Street is $0 currently.

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