NOT LISTED FOR SALE

10413 W Palmer Ave Melrose Park, IL 60164

Estimated Value: $265,000 - $346,000

4 Beds
2 Baths
1,572 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $212,000 $135 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,129/month

53 Days on Market

Highlights

  • Living Room
  • Forced Air Heating and Cooling System
  • Dining Room
  • Laundry Room

About This Home

As of August 2022

This stunning frame Cape Cod offers potential which is not often seen in the market, the home has had renovations started, newer siding, newer windows, newer flooring, layout is done, just needs final touches to bring to the finish line which provides a buyer a ton of equity potential! The home has a very desirable floor plan with a large open living room upon entering the home, a great space for the kitchen which overlooks a rare family room, the family room features vaulted wood ceilings which adds character and a fireplace for those chilly winter evenings! This family room is not often seen in Cape Cod within this market and makes the home that much more desirable! There are 4 bedrooms, 2 baths, two bedrooms on each level along with a bath on each level, again highly sought after floor plan! The home is on a very deep 190 foot lot, tons of space to add a garage if desired. The location is truly a central location being minutes from I-290 and I-294, close to O'Hare and much more! Do not judge this book by its cover, the finishing touches are minor updates with huge upside, get inside today to appreciate all this home has to offer!

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 04/22/2022

RE/MAX Premier

Last Buyer's Agent

Jazmine DeLeon

@properties Christie's International Real Estate License #475191269

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,754

Year Built

  • Built in 1943

Lot Details

  • 9,348 Sq Ft Lot
  • Lot Dimensions are 50x190

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,572 Sq Ft Home
  • 1.5-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Cape Cod

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,754

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1943
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1572
  • Assessed Sq Ft: 1471
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1572
  • Fireplace Location: Family Room
  • Total Sq Ft: 1572
  • Upper Level Sq Ft: 493
  • Main Level Sq Ft: 1079

Exterior Features

  • List Price: 209900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 83

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2146
  • Lot Dimensions: 50X190
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3754.05
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
Intercounty Judicial Sales Corp
Bought by
Toorak Capital Partners Llc
Current Estimated Value
$299,336

Purchase Details

Closed on
Jan 11, 2022
Sold by
Intercounty Judicial Sales Corp
Bought by
Toorak Capital Partners Llc

Purchase Details

Listed on
Mar 21, 2018
Closed on
Oct 6, 2018
Sold by
Borowski Artur and Borowski Miroslaw
Bought by
Chicagoland Residential Inc
Seller's Agent
Aleksander Miller
United Real Estate-Chicago
Buyer's Agent
Mark Santoyo
RE/MAX Loyalty
List Price
$109,900
Sold Price
$90,000
Premium/Discount to List
-$19,900
-18.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.64%
Original Mortgage
$148,815
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 7, 2016
Closed on
Dec 21, 2016
Sold by
Nationstar Mortgage Llc
Bought by
Borowski Artur and Borowski Miroslaw
Seller's Agent
Patricia McDonald
Vylla Home
Buyer's Agent
Aleksander Miller
United Real Estate-Chicago
List Price
$66,590
Sold Price
$66,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.90%

Purchase Details

Closed on
May 18, 2016
Sold by
Porras Jesus
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Nov 16, 1994
Sold by
Konieczko Robert J and Konieczko Linda J
Bought by
Porras Jesus and Porras Hilda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,957
Interest Rate
9.06%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Toorak Capital Partners Llc -- --
Toorak Capital Partners Llc -- --
Chicagoland Residential Inc $90,000 Altima Title Llc
Borowski Artur $67,000 Attorneys Title Guaranty Fun
Nationstar Mortgage Llc -- Attorney
Porras Jesus $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chicagoland Residential Inc $148,815
Previous Owner Porras Jesus $113,957
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2022 08/19/22 Sold $212,000 +1.0% $135 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $209,900 +133.2% $134 / Sq Ft
10/09/2018 10/09/18 Sold $90,000 -5.0% $61 / Sq Ft View Prior Sale
08/17/2018 08/17/18 Pending -- -- --
08/15/2018 08/15/18 Price Changed $94,700 -4.8% $64 / Sq Ft
07/31/2018 07/31/18 Price Changed $99,500 -9.5% $68 / Sq Ft
07/03/2018 07/03/18 For Sale $109,900 +22.1% $75 / Sq Ft
06/30/2018 06/30/18 Off Market $90,000 -- --
04/06/2018 04/06/18 Price Changed $109,900 -8.3% $75 / Sq Ft
03/21/2018 03/21/18 For Sale $119,900 +80.1% $82 / Sq Ft
02/10/2017 02/10/17 Sold $66,590 0.0% $45 / Sq Ft View Prior Sale
12/14/2016 12/14/16 Pending -- -- --
12/07/2016 12/07/16 For Sale $66,590 -- $45 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,478 $21,001 $4,208 $16,793
2023 $6,433 $21,001 $4,208 $16,793
2022 $6,433 $21,001 $4,208 $16,793
2021 $3,836 $10,632 $3,272 $7,360
2020 $3,754 $10,632 $3,272 $7,360
2019 $3,944 $12,000 $3,272 $8,728
2018 $6,221 $17,111 $2,805 $14,306
2017 $6,232 $17,111 $2,805 $14,306
2016 $5,883 $17,111 $2,805 $14,306
2015 $5,820 $15,845 $2,571 $13,274
2014 $5,711 $15,845 $2,571 $13,274
2013 $5,441 $15,845 $2,571 $13,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11382875

Midwest Real Estate Data (MRED)

APN: 12-32-206-021-0000