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18518 Oakley Avenue

18518 Oakley Avenue, Lansing, IL 60438
House in Thornton
Sold Apr 09, 2020
$142,000
$137,308 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2050
Sold Jun 21, 2019
$122,000
$118,340 by Gold Star Mortgage Financial G
Mortgage Due Jul 01, 2049
Local assessors in Lansing, IL have categorized 18518 Oakley Avenue 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 6,916 square feet. 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 is also a partial bathroom. 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 18518 Oakley Avenue has a total of 1,080 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 detached garage for those who need a place to park their vehicle. There are 3 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 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. 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, 18518 Oakley Avenue sold most recently in Mar 17, 2020 for a total of $142,000. If you work out the math, that's approximately a cost of $131.48 per sqft. Before that, the property was also sold for $122,000 in Jun 18, 2019. 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 $8,398 in taxes each year. 18518 Oakley Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,000. If we break it down further, the land itself was valued at $3,804. Improvements to the property, however, were assessed at a total of $13,196. 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

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: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,916
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANSING TORRENCE MANOR
  • Land Acres: 0.159
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (LANSING) (TORRENCE) (MANOR) RESUB OF GLEN OAK 2ND AD D SUB OF SH N 2/3 OF SW SW OF SEC 3 SEC 31-36-15

Ownership

  • Current Owner : GARCIA OSCAR R
  • Previous Owner : ODLE MELISSA J
  • Owner Before Previous Owner: DORREGO INVESTMENTS GROUP LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Thornton Fractional Township High School District 215
  • Census Tract: 828202

Geography

  • District: 37
  • Parcel: 30-31-321-050-0000
  • Lot: 75
  • Meridian: SEC 31 TWN 36N RNG 15E
  • Municipality: THORNTON
  • Latitude: 41.5586
  • Longitude: -87.5542

    Address

  • Full Address: 18518 Oakley Ave
  • Address - House Number: 18518
  • Address - Street Name: Oakley
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lansing
  • Carrier Code: C017
  • 4-Digit Zip Code: 2817
  • Zip Code: 60438

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,398
  • Tax Rate Code Area: 37072

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 141,813
  • High Value: 206,555
  • Low Value: 77,070

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,308
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 09, 2020
  • First Open Lien Mortgage Loan Amount: $137,308
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $38,040
  • Market Improvement Value: $131,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $3,804
  • Assessed Improvements Value: $13,196

    Sales

  • Current Sale Contract Date: Mar 17, 2020
  • Current Sale Recording Date: Apr 09, 2020
  • Current Sale Transaction ID: 11754266950
  • Current Sale Price: $142,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2010003270
  • Previous Sale Recording Date: Jun 21, 2019
  • Previous Sale Contract Date: Jun 18, 2019
  • Previous Sale Amount: $122,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Apr 09, 2020
  • First Mortgage Loan Amount: $137,308
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GOLD STAR MORTGAGE FINANCIAL G
  • Previous Mortgage Transaction Date: Jun 21, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $118,340
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2049

About Lansing



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Frequently Asked Questions

What neighborhood is 18518 Oakley Avenue located in?
The 18518 Oakley Avenue is a house located in the neighborhood of Thornton in Lansing, Lansing.
What is the average sales price for listings in 18518 Oakley Avenue?
The average sales price for units in 18518 Oakley Avenue is $144,900 , or $134/sqft. currently.

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