NOT LISTED FOR SALE

10720 S Meadow Ln Palos Hills, IL 60465

Estimated Value: $399,000 - $437,000

3 Beds
2 Baths
1,834 Sq Ft
$229/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $302,500 $165 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,890/month

63 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Stainless Steel Appliances
  • Palos East Elementary School Rated A
  • Main Floor Bedroom
  • Fenced Yard

About This Home

As of July 2020

POPULARLY DESIGNED 3 STEP RANCH AVAILABLE IN PALOS HILLS! SUPERB LOCATION FOR THIS 3 BEDROOM MODEL. CONCRETE DRIVE LEADS TO THE 2 CAR ATTACHED GARAGE AND COVERED PORCH. SITUATED ON A HUGE FENCED YARD IN DESIRABLE TOP RATED PALOS SCHOOL DISTRICT. FOYER FEATURES HARDWOOD FLOORS THAT FLOW INTO THE BRAND NEW KITCHEN AREA FEATURING A BIG SKYLIGHT FOR PLENTY OF NATURAL LIGHTING, SOFT CLOSE CABINETS, 42" UPPERS, BEAUTIFUL CENTER ISLAND, BREAKFAST BAR, GORGEOUS GRANITE COUNTERTOPS, SS APPLIANCES, CABINENT PANTRY AND LAZY SUZANNE. THIS OPEN LAYOUT DESIGN OVERLOOKS THE FAMILY ROOM ACCENTED BY A BRICK GAS FIREPLACE. STEPS OUT TO THE ENCLOSED PATIO 3 SEASON ROOM WITH CERAMIC FLOORING. ENTRANCE FROM THE CONCRETE PATIO LARGE ENOUGH FOR PLENTY OF ENTERTAINING. BOTH BATHROOMS ARE FULL SIZE, WHILE THE UPSTAIRS IS SHARED WITH THE MASTER ACCOMMODATES A DOUBLE SINK. THE MAIN LEVEL BATH IS BRAND NEW MODERNIZED FEATURING AN ADULT VANITY AND RAIN SHOWER. THE BASEMENT CARPETING WAS JUST INSTALLED IN THE SPACIOUS REC ROOM ALONG WITH A FULL SIZE LAUNDRY AND HUGE CRAWL SPACE FOR LOTS OF STORAGE. ARCHITECTURAL SHINGLED ROOF IS 7 YRS OLD, DRIVEWAY WAS REPLACED IN 2007, ADDITIONS MADE IN 2011 AND SUMP PUMP IS BRAND NEW. TIME WELL SPENT IN VIEWING THIS DESIRABLE HOME CLOSE TO SHOPPING, SCHOOLS AND TRANSPORTATION NICELY TUCKED IN COMMUNITY SURROUNDED BY FOREST PRESERVES AND MORAINE VALLEY COLLEGE.

Last Agent to Sell the Property

Kevin Burke

RE/MAX 10 License #475137180 Listed on: 04/11/2020

RE/MAX 10

Last Buyer's Agent

Nicholas Sellis

HRE Real Estate Services License #475144283

HRE Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,251

Year Built | Renovated

  • 1975 | 2020

Lot Details

  • Fenced Yard

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Step Ranch
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Recreation Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Dual Sinks

Finished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Screened Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,251

Year Built | Renovated

1975 | 2020

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
  • Disability Access: Yes
  • Disability Access Details: Main Level Entry
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1834
  • Style Of House: Step Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1975
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Total Sq Ft: 2559
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975
  • Year Renovated: 2020

Interior Features

  • Interior Property Features: Skylight(s), Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 13X18, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Finished, Crawl
  • Bedrooms All Levels: 3
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 12X14, On Level: Basement, Flooring: Vinyl
  • Dining Room: Dimensions: 11X15, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 15X17, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island
  • Additional Rooms: Recreation Room, Foyer
  • Master Bedroom: Dimensions: 13X15, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Recreation Rm, Dimensions: 17X29, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Foyer, Dimensions: 7X7, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X16, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 11X14, On Level: Main Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1834
  • Estimated Total Finished Sq Ft: 2559
  • Basement Sq Ft: 725
  • Basement Finished Sq Ft: 725
  • Upper Level Sq Ft: 1834
  • Dining Room Type: Separate
  • Family Room: Dimensions: 13X16, On Level: Main Level, Flooring: Hardwood, 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, Screened Patio

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • 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: Palos East Elementary School
  • Middle School: Palos South Middle School
  • High School: Amos Alonzo Stagg High School
  • Junior High Dist: 118

Lot Info

  • Lot Dimensions: 65X131
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 23144040160000

Tax Info

  • Taxes: 3610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2020
Closed on
Jul 2, 2020
Sold by
Chicago Title Land Trust Company
Bought by
Kowalczyk Dorothy
Seller's Agent
Kevin Burke
RE/MAX 10
Buyer's Agent
Nicholas Sellis
HRE Real Estate Services
List Price
$330,000
Sold Price
$302,500
Premium/Discount to List
-$27,500
-8.33%
Current Estimated Value
$419,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,411
Avg. Annual Appreciation
6.35%
Original Mortgage
$287,375
Interest Rate
3%

Purchase Details

Closed on
Feb 20, 2013
Sold by
Martinez Louis M and Martinez Luis R
Bought by
Chicago Title Land Trust Co and Trust Number 8002361276

Purchase Details

Closed on
Aug 29, 2008
Sold by
Baburich Thomas J
Bought by
Martinez Louis M and Martinez Luis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
6.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 2007
Sold by
Chicago Title Land Trust Co
Bought by
Baburich Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.37%
Mortgage Type
Balloon
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
Kowalczyk Dorothy $302,500 Chicago Title
Chicago Title Land Trust Co -- None Available
Martinez Louis M $290,000 Cti
Baburich Thomas J $316,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kowalczyk Dorothy $287,375
Previous Owner Martinez Louis M $101,000
Previous Owner Baburich Thomas J $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $302,500 -4.0% $165 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
06/09/2020 06/09/20 Price Changed $315,000 -4.5% $172 / Sq Ft
06/08/2020 06/08/20 For Sale $330,000 0.0% $180 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/13/2020 05/13/20 Price Changed $330,000 -4.3% $180 / Sq Ft
05/01/2020 05/01/20 Price Changed $345,000 -2.8% $188 / Sq Ft
04/13/2020 04/13/20 Price Changed $355,000 -1.4% $194 / Sq Ft
04/11/2020 04/11/20 For Sale $360,000 -- $196 / 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 $8,251 $33,000 $6,173 $26,827
2023 $8,354 $33,000 $6,173 $26,827
2022 $8,354 $26,857 $5,322 $21,535
2021 $7,792 $26,856 $5,321 $21,535
2020 $7,513 $26,856 $5,321 $21,535
2019 $3,974 $28,426 $4,896 $23,530
2018 $3,789 $28,426 $4,896 $23,530
2017 $3,454 $30,826 $4,896 $25,930
2016 $4,726 $21,570 $4,257 $17,313
2015 $5,381 $24,416 $4,257 $20,159
2014 $5,831 $24,416 $4,257 $20,159
2013 $6,274 $27,781 $4,257 $23,524
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10674543

Midwest Real Estate Data (MRED)

APN: 23-14-404-016-0000