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9231 South 55th Avenue

9231 South 55th Avenue, Oak Lawn, IL 60453
Property in Oak Lawn
Sold Dec 21, 2012
Transfer
$148,500 by Sierra Pacific Mortgage Co Inc
Mortgage Due Jan 01, 2043
Sold Sep 19, 2006
$325,000
$160,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2036
Local assessors in Oak Lawn, IL have categorized 9231 South 55th Avenue as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 3,125 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 500 ft. 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 7 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. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 9231 South 55th Avenue has a total of 1,317 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. The home sources its water from a municipal system. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $325,000 in Aug 29, 2006. Current property owners are expected to pay $2,478 in taxes per year. The property on 9231 South 55th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $14,501. To break that down further, the land itself was valued at $2,188. While improvements to the property were assessed at a total of $12,313. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • 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
  • 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: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,317
  • Gross Building Area: 1,317
  • Building Area: 1,317
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,317
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CRANDALLS OAK LAWN
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L E (CRANDALLS)(OAK)(LAWN) SUB OF WH SW W8ACS OF EH S W SW SEC 04-37-13

Ownership

  • Current Owner : SALMAN KHALED J
  • Current Owner 2: SALMAN INTISAR K
  • Previous Owner : STAMDARD BANK AND TRUST CO
  • Owner Before Previous Owner: CHENG ZHEN ZAI
  • Owner Before Previous Owner 2: CHENG BOBBY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oak Lawn-Hometown School District 123
  • Census Tract: 822200

Geography

  • District: 39
  • Parcel: 24-04-311-013-0000
  • Block: 12
  • Lot: 36
  • Meridian: SEC 04 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.7243
  • Longitude: -87.7565

    Address

  • Full Address: 9231 S 54th Ct
  • Address - House Number: 9231
  • Street Direction: S
  • Address - Street Name: 54th
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Oak Lawn
  • Carrier Code: C024
  • 4-Digit Zip Code: 1607
  • Zip Code: 60453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,478
  • Tax Rate Code Area: 39021

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 218,324
  • High Value: 268,176
  • Low Value: 168,472

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $148,500
  • First Open Lien Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Dec 21, 2012
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $148,500
  • 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: Jan 01, 2043

    Market Valuation

  • Market Total Value: $145,010
  • Market Land Value: $21,880
  • Market Improvement Value: $123,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,501
  • Assessed Land Value: $2,188
  • Assessed Improvements Value: $12,313

    Sales

  • Current Sale Contract Date: Nov 19, 2012
  • Current Sale Recording Date: Dec 21, 2012
  • Current Sale Transaction ID: 1074596786
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 1235629033
  • Previous Sale Recording Date: Sep 19, 2006
  • Previous Sale Contract Date: Aug 29, 2006
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • First Mortgage Transaction Date: Dec 21, 2012
  • First Mortgage Loan Amount: $148,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2043

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 19, 2006
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Sep 01, 2036

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Frequently Asked Questions

What neighborhood is 9231 South 55th Avenue located in?
The 9231 South 55th Avenue is a located in the neighborhood of Oak Lawn in Oak Lawn, Oak Lawn.
What is the average sales price for listings in 9231 South 55th Avenue?
The average sales price for units in 9231 South 55th Avenue is $0 currently.

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