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5037 Elm Circle Drive

5037 Elm Circle Drive, Oak Lawn, IL 60453
House in Oak Lawn
Sold Jun 02, 2021
$220,000
$209,000 by The Federal Savings Bank
Mortgage Due May 01, 2051
Sold Jul 19, 2019
$108,000
5037 Elm Circle 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 1950 and is 74 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5037 Elm Circle Drive has 1,012 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 8,000 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 is one available parking space. 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. The property was last sold in Apr 27, 2021 for $220,000. That's $217.39 per sqft. Prior to that sales transaction, the property was also sold in Jun 20, 2019 for $108,000. 5037 Elm Circle Drive was last assessed in 2023. The total value of the property was assessed at $20,000. Specifically, the land the property is located on was valued at $4,800. While improvements on the property were assessed at a total of $15,200. 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 $5,625. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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

Aluminum Siding
Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1950
  • 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: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,000
  • Total Building Area: 1,012
  • Gross Building Area: 1,012
  • Building Area: 1,012
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,012
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK LAWN MANOR UNIT1
  • Land Acres: 0.184
  • 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 : CAMPOS ALEJANDRO
  • Previous Owner : VELEZ RODRIGO
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 39
  • Parcel: 24-09-410-011-0000
  • Block: 13
  • Lot: 11
  • Meridian: SEC 09 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.7091
  • Longitude: -87.7472

    Address

  • Full Address: 5037 Elm Circle Dr
  • Legal Unit: 1
  • Address - House Number: 5037
  • Address - Street Name: Elm Circle
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Oak Lawn
  • Carrier Code: C006
  • 4-Digit Zip Code: 3903
  • Zip Code: 60453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,625
  • Tax Rate Code Area: 39022

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 65
  • Final Value: 252,686
  • High Value: 314,173
  • Low Value: 191,199

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $209,000
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jun 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $209,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $48,000
  • Market Improvement Value: $152,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $15,200

    Sales

  • Current Sale Contract Date: Apr 27, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Transaction ID: 11836951420
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2115312120
  • Previous Sale Recording Date: Jul 19, 2019
  • Previous Sale Contract Date: Jun 20, 2019
  • Previous Sale Amount: $108,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Jun 02, 2021
  • First Mortgage Loan Amount: $209,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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 5037 Elm Circle Drive located in?
The 5037 Elm Circle 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 5037 Elm Circle Drive?
The average sales price for units in 5037 Elm Circle Drive is $0 currently.

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