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15502 Lamon Avenue

15502 Lamon Avenue, Oak Forest, IL 60452
Property in Bremen
Sold Oct 21, 2013
$155,000
$150,350 by Standard Bank & Trust Co
Mortgage Due Oct 01, 2043
15502 Lamon Avenue has been categorized by the local assessors in Oak Forest, IL as a residential type of property. The building on the property was first built in 1982 and is 42 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 15502 Lamon Avenue has 1,372 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 15,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 wood. 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. 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, 15502 Lamon Avenue was last sold in Sep 27, 2013 for $155,000. According to our calculations, that's $112.97 per sqft. Current property owners are expected to pay $5,263 in taxes per year. The property on 15502 Lamon Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $22,000. To break that down further, the land itself was valued at $6,000. While improvements to the property were assessed at a total of $16,000. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • 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: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 1,372
  • Gross Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,372
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CICERO AVE SUB/A T MCINTOSH
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : IPEMA EDWARD
  • Previous Owner : BALZEKAS MICHAEL E
  • Previous Owner 2: BALZEKAS SHIRLEY A
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: IV

Neighborhood

  • School District Name: Arbor Park School District 145
  • Census Tract: 825000

Geography

  • District: 13
  • Parcel: 28-16-402-014-0000
  • Block: 27
  • Lot: 2
  • Meridian: SEC 16 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6103
  • Longitude: -87.7395

    Address

  • Full Address: 15502 Lamon Ave
  • Address - House Number: 15502
  • Address - Street Name: Lamon
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C003
  • 4-Digit Zip Code: 3517
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,263
  • Tax Rate Code Area: 13056

    Appraisal Valuation

  • Standard Deviation: 0.2467
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 281,497
  • High Value: 350,943
  • Low Value: 212,051

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,350
  • First Open Lien Mortgage Lender: STANDARD BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Oct 21, 2013
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $150,350
  • 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, 2043

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $60,000
  • Market Improvement Value: $160,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $16,000

    Sales

  • Current Sale Contract Date: Sep 27, 2013
  • Current Sale Recording Date: Oct 21, 2013
  • Current Sale Transaction ID: 1085073109
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1329401059

    Last Sale Mortgage

  • First Mortgage Lender: STANDARD BANK & TRUST CO
  • First Mortgage Transaction Date: Oct 21, 2013
  • First Mortgage Loan Amount: $150,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2043

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Oak Forest



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Frequently Asked Questions

What neighborhood is 15502 Lamon Avenue located in?
The 15502 Lamon Avenue is a located in the neighborhood of Bremen in Oak Forest, Oak Forest.
What is the average sales price for listings in 15502 Lamon Avenue?
The average sales price for units in 15502 Lamon Avenue is $0 currently.

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