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5625 West 98th Place

5625 West 98th Place, Oak Lawn, IL 60453
House in Oak Lawn
Sold May 30, 2019
$290,000
$197,000 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2051
Sold Sep 08, 2017
$235,000
$223,250 by First Centennial Mortgage Corp
Mortgage Due Sep 01, 2047
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Unit for sale at 9628 Mansfield Avenue, Oak Lawn, IL 60453

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5625 West 98th Place 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 1967 and is 57 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5625 West 98th Place has 1,923 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 1,320 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,920 square feet.

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 are a total of 2 available parking spaces. 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. Finally, the property is currently sourcing its water from a municipal system. The property was last sold in May 16, 2019 for $290,000. That's $150.81 per sqft. Prior to that sales transaction, the property was also sold in Aug 16, 2017 for $235,000. 5625 West 98th Place was last assessed in 2022. The total value of the property was assessed at $25,393. Specifically, the land the property is located on was valued at $5,148. While improvements on the property were assessed at a total of $20,245. 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 $8,918. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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

Brick Exterior Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,920
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,923
  • Gross Building Area: 1,923
  • Building Area: 1,923
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,923
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THIRD ADD TO CALLAGHANS CENTRAL
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (THIRD) ADD TO (CALLAGHANS)(CENTRAL) AVE SUB PT LTS2& 3 IN BLK23 & PT LT3 IN BLK22 WITH PT VAC ST ALL IN FREDK H BARTLETTS CE

Ownership

  • Current Owner : STEIGERWALD THOMAS P
  • Current Owner 2: STEIGERWALD REBECCA N
  • Previous Owner : GRAUMANN FABIAN
  • Owner Before Previous Owner: SORAGHAN JAMES M
  • Owner Before Previous Owner 2: SORAGHAN CARISSA B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Oak Lawn Community High School District 229
  • Census Tract: 822500

Geography

  • District: 39
  • Parcel: 24-08-223-044-0000
  • Block: 22,23
  • Lot: 2,3
  • Meridian: SEC 08 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.7132
  • Longitude: -87.7616

    Address

  • Full Address: 5625 W 98th Pl
  • Address - House Number: 5625
  • Street Direction: W
  • Address - Street Name: 98th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Oak Lawn
  • Carrier Code: C065
  • 4-Digit Zip Code: 3755
  • Zip Code: 60453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,918
  • Tax Rate Code Area: 39023

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 399,962
  • High Value: 482,295
  • Low Value: 317,628

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $197,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 04, 2021
  • First Open Lien Mortgage Loan Amount: $197,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $253,930
  • Market Land Value: $51,480
  • Market Improvement Value: $202,450

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,393
  • Assessed Land Value: $5,148
  • Assessed Improvements Value: $20,245

    Sales

  • Current Sale Contract Date: May 16, 2019
  • Current Sale Recording Date: May 30, 2019
  • Current Sale Transaction ID: 11609671071
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1915018032
  • Previous Sale Recording Date: Sep 08, 2017
  • Previous Sale Contract Date: Aug 16, 2017
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: May 30, 2019
  • First Mortgage Loan Amount: $222,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Sep 08, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $223,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Oak Lawn



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Frequently Asked Questions

What neighborhood is 5625 West 98th Place located in?
The 5625 West 98th Place is a house located in the neighborhood of Oak Lawn in Oak Lawn, Oak Lawn.
What is the average sales price for listings in 5625 West 98th Place?
The average sales price for units in 5625 West 98th Place is $0 currently.

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