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8717 Stevens Drive

8717 Stevens Drive, Oak Lawn, IL 60453
Property in Oak Lawn
Sold Sep 09, 2021
$270,000
$265,010 by Fairway Independent Mortgage C
Mortgage Due Sep 01, 2051
Sold Nov 12, 2019
$201,500
$190,988 by Wintrust Mortgage
Mortgage Due Oct 01, 2049
8717 Stevens 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 1959 and is 65 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, 8717 Stevens Drive has 1,126 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 6,400 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 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 masonry 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 air conditioning at the moment. In terms of heating, it is utilizing a heating 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, 8717 Stevens Drive sold most recently in Jul 9, 2021 for a total of $270,000. If you work out the math, that's approximately a cost of $239.79 per sqft. Before that, the property was also sold for $201,500 in Sep 6, 2019. 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 $4,765 in taxes each year. 8717 Stevens Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,000. If we break it down further, the land itself was valued at $4,480. Improvements to the property, however, were assessed at a total of $20,520. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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
  • 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: Masonry
  • 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: 2

    Dimensions

  • Lot Size Square Feet: 6,400
  • Total Building Area: 1,126
  • Gross Building Area: 1,126
  • Building Area: 1,126
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,126
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KIZARIC & HANSONS GLEN OAKS
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (KIZARIC) & (HANSONS) (GLEN) (OAKS) ADD A RESUB OF PT LTS1&2 NH OF LT3 OF MCKAYS SUB OF PT OF NH SEC 04-37-13

Ownership

  • Current Owner : MARTINEZ TERESA
  • Previous Owner : ALTENBURG COLIN MICHAEL
  • Previous Owner 2: ALTENBURG COLIN
  • Owner Before Previous Owner: FIRST MIDWEST BANK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Oak Lawn-Hometown School District 123
  • Census Tract: 822101

Geography

  • District: 39
  • Parcel: 24-04-229-005-0000
  • Lot: 1-3,L
  • Meridian: SEC 04 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.7336
  • Longitude: -87.7505

    Address

  • Full Address: 8717 Stevens Dr
  • Address - House Number: 8717
  • Address - Street Name: Stevens
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Oak Lawn
  • Carrier Code: C001
  • 4-Digit Zip Code: 1331
  • Zip Code: 60453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,765
  • Tax Rate Code Area: 39021

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 268,417
  • High Value: 329,707
  • Low Value: 207,126

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $265,010
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Sep 09, 2021
  • First Open Lien Mortgage Loan Amount: $265,010
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $44,800
  • Market Improvement Value: $205,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $4,480
  • Assessed Improvements Value: $20,520

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Transaction ID: 11855357117
  • Current Sale Price: $270,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2125206412
  • Previous Sale Recording Date: Nov 12, 2019
  • Previous Sale Contract Date: Sep 06, 2019
  • Previous Sale Amount: $201,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Sep 09, 2021
  • First Mortgage Loan Amount: $265,010
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WINTRUST MORTGAGE
  • Previous Mortgage Transaction Date: Nov 12, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $190,988
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2049

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Frequently Asked Questions

What neighborhood is 8717 Stevens Drive located in?
The 8717 Stevens Drive is a located in the neighborhood of Oak Lawn in Oak Lawn, Oak Lawn.
What is the average sales price for listings in 8717 Stevens Drive?
The average sales price for units in 8717 Stevens Drive is $0 currently.

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