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5032 Oak Center Drive

5032 Oak Center Drive, Oak Lawn, IL 60453
House in Oak Lawn
Sold Jun 27, 2019
$450,000
$430,000 by Key Mortgage Services Inc
Mortgage Due May 01, 2050
Sold Nov 12, 2010
$358,000
$286,400 by Pacor Mortgage Corp
Mortgage Due Nov 01, 2040
5032 Oak Center Drive in Oak Lawn, IL was first built in 2007 and is 17 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5032 Oak Center Drive has 3,387 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 570 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 7,574 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5032 Oak Center Drive sold most recently in Jun 24, 2019 for a total of $450,000. If you work out the math, that's approximately a cost of $132.86 per sqft. Before that, the property was also sold for $358,000 in Oct 29, 2010. 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 $13,877 in taxes each year. 5032 Oak Center Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $49,000. If we break it down further, the land itself was valued at $4,544. Improvements to the property, however, were assessed at a total of $44,456. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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
Stone Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,574
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 570
  • Total Building Area: 3,387
  • Gross Building Area: 3,387
  • Building Area: 3,387
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,387
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • 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 : GILMARTIN KEVIN
  • Current Owner 2: GILMARTIN JILLEEN
  • Previous Owner : ROCKEY STEVEN W
  • Previous Owner 2: ROCKEY BETH A
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 39
  • Parcel: 24-09-403-056-0000
  • Block: 6
  • Lot: 19
  • Meridian: SEC 09 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.7101
  • Longitude: -87.7459

    Address

  • Full Address: 5032 Oak Center Dr
  • Legal Unit: 1
  • Address - House Number: 5032
  • Address - Street Name: Oak Center
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Oak Lawn
  • Carrier Code: C025
  • 4-Digit Zip Code: 3958
  • Zip Code: 60453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,877
  • Tax Rate Code Area: 39022

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 579,664
  • High Value: 711,599
  • Low Value: 447,728

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $430,000
  • First Open Lien Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Open Lien Mortgage Recording Date: Apr 16, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $430,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $490,000
  • Market Land Value: $45,440
  • Market Improvement Value: $444,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,000
  • Assessed Land Value: $4,544
  • Assessed Improvements Value: $44,456

    Sales

  • Current Sale Contract Date: Jun 24, 2019
  • Current Sale Recording Date: Jun 27, 2019
  • Current Sale Transaction ID: 11618366417
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1917855114
  • Previous Sale Recording Date: Nov 12, 2010
  • Previous Sale Contract Date: Oct 29, 2010
  • Previous Sale Amount: $358,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: Jun 27, 2019
  • First Mortgage Loan Amount: $427,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PACOR MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 12, 2010
  • Previous Mortgage Loan Amount: $286,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2040

About Oak Lawn



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Nearby Rentals

Unit for rent at 5100 W 96th Street, Oak Lawn, IL, 60453

$2,395 /mo

  • 2 Beds
  • 2 Baths
  • 1,500 ft²
5100 W 96th Street #306, Oak Lawn, IL, 60453 Listing by Antonio Torres

Frequently Asked Questions

What neighborhood is 5032 Oak Center Drive located in?
The 5032 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 5032 Oak Center Drive?
The average sales price for units in 5032 Oak Center Drive is $0 currently.

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