NOT LISTED FOR SALE

10503 S 88th Ave Palos Hills, IL 60465

Estimated Value: $348,000 - $370,604

4 Beds
2 Baths
1,686 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $203,000 $120 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,446/month

60 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Attached Garage
  • Oak Ridge Elementary School Rated A
  • Porch
  • Breakfast Bar

About This Home

As of May 2015

FOUR BEDROOM HOME IN PALOS ON THE GREEN. SITUATED ON ONE OF THE BIGGEST LOTS IN THE SUBDIVISION. THIS HOME HAS ALL THE SPACE YOU CAN IMAGINE. FRESHLY PAINTED THROUGHOUT NEW FLOORING IN THE KITCHEN AND FAMILY ROOM, UPDATED LIGHTING AND MODERNIZED BATHS. LOWER LEVEL PATIO DOORS LEAD TO A CONCRETE PATIO AND OVERSIZED YARD. HOME FEATURES A 2 CAR ATTACHED GARAGE. NEW CONCRETE PORCH AND A WELL FOR LAWN SPRINKLING.

Last Agent to Sell the Property

Kevin Burke

RE/MAX 10 License #475137180 Listed on: 02/10/2015

RE/MAX 10

Last Buyer's Agent

Carmen M. Keslin

RE/MAX 10 in the Park License #475133069

RE/MAX 10 in the Park

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,844

Year Built

  • 1970

Lot Details

  • 10,019

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Wood Flooring
  • Finished Basement Bathroom
  • Fenced Yard

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $6,099 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,844

Year Built

1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Bi-Level
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1970
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 13X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: TV-Cable, CO Detectors, Ceiling Fan
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X16, On Level: Walkout Basement, Flooring: Other, Windows: All
  • Dining Room: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 11X12, On Level: Main Level, Flooring: Vinyl, Windows: All
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X14, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 11X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 11X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 4: Dimensions: 10X13, On Level: Walkout Basement, Flooring: Parquet, Windows: All
  • Estimated Sq Ft: 1686
  • Dining Room Type: Separate
  • Family Room: Dimensions: 14X19, On Level: Walkout Basement, Flooring: Vinyl, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch
  • Acreage: 0.2343

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 230
  • Elementary School: OAK RIDGE ELEMENTARY SCHOOL
  • Middle School: H H CONRADY JUNIOR HIGH SCHOOL
  • High School: AMOS ALONZO STAGG HIGH SCHOOL
  • Junior High Dist: 117

Lot Info

  • Lot Dimensions: 66X158
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 23141040130000

Tax Info

  • Taxes: 5227.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2015
Closed on
May 6, 2015
Sold by
Adams Nancy Schug
Bought by
Johannsen Christopher S and Johannsen Lisa J
Seller's Agent
Kevin Burke
RE/MAX 10
Buyer's Agent
Carmen M. Keslin
RE/MAX 10 in the Park
List Price
$210,000
Sold Price
$203,000
Premium/Discount to List
-$7,000
-3.33%
Current Estimated Value
$357,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,651
Avg. Annual Appreciation
5.56%
Original Mortgage
$192,850
Outstanding Balance
$148,941
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$208,710

Purchase Details

Closed on
May 29, 1996
Sold by
Schug Annette M
Bought by
Schug Annette M and The Annette M Schug 1996 Revocable Trust
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
Johannsen Christopher S $203,000 Attorneys Title Guaranty Fun
Schug Annette M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johannsen Christopher S $192,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2015 05/15/15 Sold $203,000 -3.3% $120 / Sq Ft
04/11/2015 04/11/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $210,000 0.0% $125 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $210,000 -- $125 / 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 $6,844 $27,000 $7,399 $19,601
2023 $6,520 $27,000 $7,399 $19,601
2022 $6,520 $21,289 $6,378 $14,911
2021 $6,350 $21,288 $6,378 $14,910
2020 $6,766 $22,647 $6,378 $16,269
2019 $6,251 $21,561 $5,867 $15,694
2018 $6,269 $22,326 $5,867 $16,459
2017 $6,066 $22,326 $5,867 $16,459
2016 $5,377 $18,061 $5,102 $12,959
2015 $6,152 $18,061 $5,102 $12,959
2014 $4,569 $18,061 $5,102 $12,959
2013 $5,227 $21,186 $5,102 $16,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08835717

Midwest Real Estate Data (MRED)

APN: 23-14-104-013-0000