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5900 Liberty Square

5900 Liberty Square, Oak Forest, IL 60452
Property in Bremen
Sold Nov 22, 2021
$280,000
$238,856 by Crown Mortgage Co
Mortgage Due Nov 01, 2051
Sold Nov 06, 2003
$202,000
$191,900 by First Home Mortgage Corp
Mortgage Due Oct 01, 2033
5900 Liberty Square has been categorized by the local assessors in Oak Forest, IL as a residential type of property. The building on the property was first built in 1978 and is 46 years old. The home has a total of 6 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, 5900 Liberty Square has 1,346 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 1,500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,625 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 attached 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. 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, 5900 Liberty Square sold most recently in Nov 4, 2021 for a total of $280,000. If you work out the math, that's approximately a cost of $208.02 per sqft. Before that, the property was also sold for $202,000 in Sep 3, 2003. 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 $7,354 in taxes each year. 5900 Liberty Square 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 $3,431. Improvements to the property, however, were assessed at a total of $22,569. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1978
  • Effective Year Built: 1978
  • 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
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,625
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,346
  • Gross Building Area: 1,346
  • Building Area: 1,346
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,346
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LIBERTY SQUARE
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (LIBERTY) (SQUARE) SUB OF PT OF SE SEC 17-36-13

Ownership

  • Current Owner : BOWMAN STEVEN E
  • Previous Owner : DAVID KOWALCZYK
  • Previous Owner 2: DAVID LAURA KOWALCZYK
  • Owner Before Previous Owner: DEVENUTO JOHN
  • Owner Before Previous Owner 2: DEVENUTO VALERIE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Arbor Park School District 145
  • Census Tract: 824505

Geography

  • District: 13
  • Parcel: 28-17-403-042-0000
  • Lot: 13
  • Meridian: SEC 17 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6073
  • Longitude: -87.7636

    Address

  • Full Address: 5900 Liberty Sq
  • Address - House Number: 5900
  • Address - Street Name: Liberty
  • Address - Suffix Type: Sq
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C014
  • 4-Digit Zip Code: 2856
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,354
  • Tax Rate Code Area: 13056

    Appraisal Valuation

  • Standard Deviation: 0.2321
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 317,926
  • High Value: 391,731
  • Low Value: 244,121

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $238,856
  • First Open Lien Mortgage Lender: CROWN MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Loan Amount: $238,856
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $34,310
  • Market Improvement Value: $225,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $3,431
  • Assessed Improvements Value: $22,569

    Sales

  • Current Sale Contract Date: Nov 04, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11869831175
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2132628093
  • Previous Sale Recording Date: Nov 06, 2003
  • Previous Sale Contract Date: Sep 03, 2003
  • Previous Sale Amount: $202,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROWN MORTGAGE CO
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $238,856
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 06, 2003
  • Previous Mortgage Loan Amount: $191,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Oct 01, 2033

About Oak Forest



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Nearby Rentals

Unit for rent at 15800 S Ridgeland Avenue, Oak Forest, IL, 60452

$1,350 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
15800 S Ridgeland Avenue #301, Oak Forest, IL, 60452 Listing by Bruce La Ha

Frequently Asked Questions

What neighborhood is 5900 Liberty Square located in?
The 5900 Liberty Square is a located in the neighborhood of Bremen in Oak Forest, Oak Forest.
What is the average sales price for listings in 5900 Liberty Square?
The average sales price for units in 5900 Liberty Square is $0 currently.

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