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5640 West 98th Place

5640 West 98th Place, Oak Lawn, IL 60453
House in Oak Lawn
Sold Jun 11, 2020
$242,000
$237,616 by Crosscountry Mortgage Llc
Mortgage Due May 01, 2050
Sold Sep 26, 2017
$210,000
$206,097 by Nations Direct Mortgage Llc
Mortgage Due Oct 01, 2047
5640 West 98th Place in Oak Lawn, IL was first built in 1967 and is 57 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5640 West 98th Place has 1,884 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. In total, the area measurement of the land is 6,224 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5640 West 98th Place was last sold in Apr 3, 2020 for $242,000. According to our calculations, that's $128.45 per sqft. Prior to that sales transaction, the property was sold for $210,000 in Sep 1, 2017. Current property owners are expected to pay $8,769 in taxes per year. The property on 5640 West 98th Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $30,000. To break that down further, the land itself was valued at $4,668. While improvements to the property were assessed at a total of $25,332. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Brick Exterior

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: 6
  • 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: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,224
  • Total Building Area: 1,884
  • Gross Building Area: 1,884
  • Building Area: 1,884
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,884
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CENTRAL AVE SUB/GALLAGHANS/3R
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OCAMPO ANTONIA
  • Current Owner 2: OCAMPO GRACIELA
  • Previous Owner : LARA SAUL
  • Previous Owner 2: ESTRADA ELVA
  • Owner Before Previous Owner: MENZEL EDWARD F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • District: 39
  • Parcel: 24-08-223-030-0000
  • Lot: 7
  • Meridian: SEC 08 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.7135
  • Longitude: -87.7625

    Address

  • Full Address: 5640 W 98th Pl
  • Address - House Number: 5640
  • Street Direction: W
  • Address - Street Name: 98th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Oak Lawn
  • Carrier Code: C065
  • 4-Digit Zip Code: 3756
  • Zip Code: 60453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,769
  • Tax Rate Code Area: 39023

    Appraisal Valuation

  • Standard Deviation: 0.247
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 366,459
  • High Value: 456,996
  • Low Value: 275,922

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $237,616
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 11, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $237,616
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $46,680
  • Market Improvement Value: $253,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $4,668
  • Assessed Improvements Value: $25,332

    Sales

  • Current Sale Contract Date: Apr 03, 2020
  • Current Sale Recording Date: Jun 11, 2020
  • Current Sale Transaction ID: 11767212267
  • Current Sale Price: $242,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016333111
  • Previous Sale Recording Date: Sep 26, 2017
  • Previous Sale Contract Date: Sep 01, 2017
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 11, 2020
  • First Mortgage Loan Amount: $237,616
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NATIONS DIRECT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Sep 26, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $206,097
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2047

About Oak Lawn



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Frequently Asked Questions

What neighborhood is 5640 West 98th Place located in?
The 5640 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 5640 West 98th Place?
The average sales price for units in 5640 West 98th Place is $249,900 , or $133/sqft. currently.

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