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5029 Oak Center Drive

5029 Oak Center Drive, Oak Lawn, IL 60453
House in Oak Lawn
Sold Mar 30, 2020
$458,500
$435,575 by Success Mortgage Partners Inc
Mortgage Due Apr 01, 2050
Sold Mar 31, 2006
$220,000
$215,000 by Archer Bank
Mortgage Due Sep 16, 2006
5029 Oak Center Drive has been categorized by the local assessors in Oak Lawn, IL as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 9 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, 5029 Oak Center Drive has 3,377 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 1,360 ft and across the front of the lot is 560 ft. The area measurement of the land has been determined as 7,574 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 no garage for those who require parking. 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 masonry 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 tar and gravel. 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. The property was last sold in Mar 17, 2020 for $458,500. That's $135.77 per sqft. Prior to that sales transaction, the property was also sold in Mar 16, 2006 for $220,000. 5029 Oak Center Drive was last assessed in 2023. The total value of the property was assessed at $50,000. Specifically, the land the property is located on was valued at $4,544. While improvements on the property were assessed at a total of $45,456. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $15,930. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,574
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 560
  • Total Building Area: 3,377
  • Gross Building Area: 3,377
  • Building Area: 3,377
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,377
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OAK LAWN MANOR UNIT1
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (OAK)(LAWN) MANOR (UNIT1) SUB OF PT OF SE SEC 09-37-13

Ownership

  • Current Owner : GRUENEICH NICOLLE LERAJ
  • Previous Owner : GRALAK RAYMOND A
  • Previous Owner 2: GRALAK JAMIE L
  • Owner Before Previous Owner: BERNAT JOSEPH J
  • Owner Before Previous Owner 2: BERNAT ANN MARIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Community High School District 218
  • Census Tract: 822601

Geography

  • District: 39
  • Parcel: 24-09-410-003-0000
  • Block: 13
  • Lot: 3
  • Meridian: SEC 09 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.7097
  • Longitude: -87.7463

    Address

  • Full Address: 5029 Oak Center Dr
  • Legal Unit: 1
  • Address - House Number: 5029
  • Address - Street Name: Oak Center
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Oak Lawn
  • Carrier Code: C025
  • 4-Digit Zip Code: 3937
  • Zip Code: 60453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,930
  • Tax Rate Code Area: 39022

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 603,642
  • High Value: 741,035
  • Low Value: 466,249

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $435,575
  • First Open Lien Mortgage Lender: SUCCESS MORTGAGE PARTNERS INC
  • First Open Lien Mortgage Recording Date: Mar 30, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $435,575
  • 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: $500,000
  • Market Land Value: $45,440
  • Market Improvement Value: $454,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,000
  • Assessed Land Value: $4,544
  • Assessed Improvements Value: $45,456

    Sales

  • Current Sale Contract Date: Mar 17, 2020
  • Current Sale Recording Date: Mar 30, 2020
  • Current Sale Transaction ID: 11751237773
  • Current Sale Price: $458,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2009021114
  • Previous Sale Recording Date: Mar 31, 2006
  • Previous Sale Contract Date: Mar 16, 2006
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Joint Tenancy Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUCCESS MORTGAGE PARTNERS INC
  • First Mortgage Transaction Date: Mar 30, 2020
  • First Mortgage Loan Amount: $435,575
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ARCHER BANK
  • Previous Mortgage Transaction Date: Mar 31, 2006
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $215,000
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Sep 16, 2006

About Oak Lawn



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 9628 S 50th Court, Oak Lawn, IL, 60453

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
9628 S 50th Court #2, Oak Lawn, IL, 60453 Listing by Matthew Murphy

Frequently Asked Questions

What neighborhood is 5029 Oak Center Drive located in?
The 5029 Oak Center Drive is a house located in the neighborhood of Oak Lawn in Oak Lawn, Oak Lawn.
What is the average sales price for listings in 5029 Oak Center Drive?
The average sales price for units in 5029 Oak Center Drive is $0 currently.

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