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5400 Drury Lane

5400 Drury Lane, Oak Lawn, IL 60453
Property in Oak Lawn
Sold Aug 09, 2017
$207,000
$196,650 by Busey Bank
Mortgage Due Aug 01, 2047
Sold Jun 03, 1994
Transfer
Local assessors in Oak Lawn, IL have categorized 5400 Drury Lane as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 6,642 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 5400 Drury Lane has a total of 1,286 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 attached garage for those who need a place to park their vehicle. There are 2 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 masonry 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, 5400 Drury Lane sold most recently in Jul 31, 2017 for a total of $207,000. If you work out the math, that's approximately a cost of $160.96 per sqft. 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 $5,974 in taxes each year. 5400 Drury Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $26,000. If we break it down further, the land itself was valued at $3,985. Improvements to the property, however, were assessed at a total of $22,015. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,642
  • Total Building Area: 1,286
  • Gross Building Area: 1,286
  • Building Area: 1,286
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,286
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SECOND ADD TO C A PEARSONS
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SECOND) ADD TO C A (PEARSONS) SUB OF PT OF E 3/4 OF SW SEC 09-37-13

Ownership

  • Current Owner : NOLAN ELIZABETH
  • Current Owner 2: JARECZEK BRADLEY T
  • Previous Owner : STAPLETON ROBERT G
  • Owner Before Previous Owner: FIRST NATIONAL BANK OF EVERGREEN PARK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

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

Geography

  • District: 39
  • Parcel: 24-09-327-019-0000
  • Meridian: SEC 09 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.7111
  • Longitude: -87.7555

    Address

  • Full Address: 5400 Drury Ln
  • Address - House Number: 5400
  • Address - Street Name: Drury
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Oak Lawn
  • Carrier Code: C035
  • 4-Digit Zip Code: 3836
  • Zip Code: 60453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,974
  • Tax Rate Code Area: 39022

    Appraisal Valuation

  • Standard Deviation: 0.247
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 310,393
  • High Value: 387,079
  • Low Value: 233,708

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,650
  • First Open Lien Mortgage Lender: BUSEY BANK
  • First Open Lien Mortgage Recording Date: Aug 09, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $196,650
  • 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: Aug 01, 2047

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $39,850
  • Market Improvement Value: $220,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $3,985
  • Assessed Improvements Value: $22,015

    Sales

  • Current Sale Contract Date: Jul 31, 2017
  • Current Sale Recording Date: Aug 09, 2017
  • Current Sale Transaction ID: 1732173695
  • Current Sale Price: $207,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1722101017
  • Previous Sale Recording Date: Jun 03, 1994
  • Previous Sale Contract Date: Oct 02, 1993
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: BUSEY BANK
  • First Mortgage Transaction Date: Aug 09, 2017
  • First Mortgage Loan Amount: $196,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Oak Lawn



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$2,395 /mo

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5100 W 96th Street #306, Oak Lawn, IL, 60453 Listing by Antonio Torres

Frequently Asked Questions

What neighborhood is 5400 Drury Lane located in?
The 5400 Drury Lane is a located in the neighborhood of Oak Lawn in Oak Lawn, Oak Lawn.
What is the average sales price for listings in 5400 Drury Lane?
The average sales price for units in 5400 Drury Lane is $0 currently.

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