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9400 South 54th Court

9400 South 54th Court, Oak Lawn, IL 60453
House in Oak Lawn
Sold Apr 02, 2021
$200,000
$194,000 by Marquette Bank
Mortgage Due Apr 01, 2051
Sold Dec 16, 2019
$80,000
9400 South 54th Court 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 1921 and is 103 years old. The home has a total of 4 rooms. 2 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, 9400 South 54th Court has 979 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 1,250 ft and across the front of the lot is 570 ft. The area measurement of the land has been determined as 7,138 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 no garage for those who require parking. 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 wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing electric heaters and being fueled with electricity. 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, 9400 South 54th Court sold most recently in Jul 18, 2020 for a total of $200,000. If you work out the math, that's approximately a cost of $204.29 per sqft. Before that, the property was also sold for $80,000 in Nov 15, 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 $5,216 in taxes each year. 9400 South 54th Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $18,000. If we break it down further, the land itself was valued at $4,997. Improvements to the property, however, were assessed at a total of $13,003. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,138
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 570
  • Total Building Area: 979
  • Gross Building Area: 979
  • Building Area: 979
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Electric
  • Heated Square Feet: 979
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CRANDALLS OAK LAWN
  • Land Acres: 0.164
  • 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 : GALASSINI ASHLEY M
  • Current Owner 2: MAY JONATHAN P
  • Previous Owner : HODOROWICZ BRADLEY
  • Previous Owner 2: THE BRADLEY HODOROWICZ TRUST
  • Owner Before Previous Owner: FRAZIER DAVID J
  • Owner Before Previous Owner 2: FRAZIER NICOLE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Oak Lawn-Hometown School District 123
  • Census Tract: 822500

Geography

  • District: 39
  • Parcel: 24-04-328-017-0000
  • Block: 23
  • Lot: 1,2
  • Meridian: SEC 04 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.7215
  • Longitude: -87.7573

    Address

  • Full Address: 9400 S 54th Ct
  • Address - House Number: 9400
  • Street Direction: S
  • Address - Street Name: 54th
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Oak Lawn
  • Carrier Code: C024
  • 4-Digit Zip Code: 2308
  • Zip Code: 60453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,216
  • Tax Rate Code Area: 39021

    Appraisal Valuation

  • Standard Deviation: 0.247
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 236,702
  • High Value: 295,181
  • Low Value: 178,222

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: MARQUETTE BANK
  • First Open Lien Mortgage Recording Date: Apr 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $194,000
  • 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
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Open Lien Mortgage Recording Date: Apr 02, 2021
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $49,970
  • Market Improvement Value: $130,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $4,997
  • Assessed Improvements Value: $13,003

    Sales

  • Current Sale Contract Date: Jul 18, 2020
  • Current Sale Recording Date: Apr 02, 2021
  • Current Sale Transaction ID: 11828929266
  • Current Sale Price: $200,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2109207526
  • Previous Sale Recording Date: Dec 16, 2019
  • Previous Sale Contract Date: Nov 15, 2019
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARQUETTE BANK
  • First Mortgage Transaction Date: Apr 02, 2021
  • First Mortgage Loan Amount: $194,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Oak Lawn



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Frequently Asked Questions

What neighborhood is 9400 South 54th Court located in?
The 9400 South 54th Court is a house located in the neighborhood of Oak Lawn in Oak Lawn, Oak Lawn.
What is the average sales price for listings in 9400 South 54th Court?
The average sales price for units in 9400 South 54th Court is $204,900 , or $209/sqft. currently.

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