$260,000
SOLD JUN 20, 2024

11151 Cottonwood Dr Unit B Palos Hills, IL 60465

2 Beds
2 Baths
1,405 Sq Ft
$302/mo HOA Fee

Recently Sold

$185 Per Sq Ft

4% Below List Price

69 Days on Market

Highlights

  • Landscaped Professionally
  • Pond
  • Community Pool
  • Palos East Elementary School Rated A
  • Wooded Lot
  • Tennis Courts

About This Home

As of June 2024

Great first floor condo at The Timbers of Palos Hills!! Bright and spacious with some recent updates, fresh paint and some new flooring, Newer bathrooms, eat-in kitchen with maple cabinets and granite counter tops. Master suite with private bath and in unit laundry. Good size balcony for entertainment. Close to Shops, schools and expressway. Assessments include access to clubhouse, pool, park and tennis court. Rental is allowed but reached rental cap.

Last Agent to Sell the Property

Nader Shahat

Green Equities LLC License #471017536 Listed on: 03/15/2024

Last Buyer's Agent

Dominique Lowery

Professional Brokers Realty License #471020404

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,702

Year Built

  • Built in 1974

Lot Details

  • Landscaped Professionally
  • Wooded Lot

HOA Fees

  • $302 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,405 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Storage
  • Laminate Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Balcony

Schools

  • Palos East Elementary School
  • Palos South Middle School
  • Amos Alonzo Stagg High School

Utilities

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

Community Details

Overview

  • Association fees include parking, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • Linda Stanko Association, Phone Number (630) 627-3303
  • The Timbers Subdivision
  • Property managed by Hillcrest Property Management

Amenities

  • Party Room
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Pet Policy

  • Pets up to 35 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,702

Year Built

Built in 1974

Lot Details

0

HOA Fees

$302 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: The Timbers
  • Year Built: 1974
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 1405
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai, Foyer, Walk In Closet
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm,L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 269900
  • Lot Features: Landscaped, Pond(s), Wooded
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 302
  • Association Amenities: Storage, On Site Manager/Engineer, Park, Party Room, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Hillcrest Property Management
  • Management Contact Name: Linda Stanko
  • Management Phone: 630-627-3303X216
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Parking, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Palos East Elementary School
  • High School: Amos Alonzo Stagg High School
  • Middle/Junior School: Palos South Middle School
  • Middle/Junior School District: 118

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 35

Tax Info

  • Tax Annual Amount: 2701.67
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 8

MLS Schools

  • Othr Public Sch: MORAINE VALLEY C.C.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Jun 13, 2024
Sold by
Samuel Adel S and Samuel Sara
Bought by
Deslaurier Serge and Deslaurier Guetty
Seller's Agent
Nader Shahat
Green Equities LLC
Buyer's Agent
Dominique Lowery
Professional Brokers Realty
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Total Days on Market
69
Views
350
Current Estimated Value
$253,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,692
Avg. Annual Appreciation
-2.68%
Original Mortgage
$208,000
Outstanding Balance
$206,209
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$47,099

Purchase Details

Closed on
Dec 29, 2014
Sold by
Ryan Ellen M
Bought by
Samuel Adel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,772
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 1995
Sold by
Stempniak Ann
Bought by
Marquette National Bank
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $260,000 Chicago Title
Warranty Deed $123,000 Old Republic Natl Title Ins
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $208,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $120,772 FHA
Previous Owner $38,000 Unknown
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $260,000 -3.7% $185 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $269,900 0.0% $192 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $269,900 -- $192 / 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 $2,702 $17,592 $8,695 $8,897
2023 $2,702 $17,592 $8,695 $8,897
2022 $2,702 $12,107 $2,174 $9,933
2021 $2,546 $12,106 $2,173 $9,933
2020 $2,519 $12,106 $2,173 $9,933
2019 $2,107 $11,149 $1,984 $9,165
2018 $2,003 $11,149 $1,984 $9,165
2017 $1,966 $11,149 $1,984 $9,165
2016 $2,170 $10,434 $1,701 $8,733
2015 $2,819 $10,434 $1,701 $8,733
2014 $1,040 $10,434 $1,701 $8,733
2013 $995 $11,371 $1,701 $9,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12005651

Midwest Real Estate Data (MRED)

APN: 23-23-200-021-1286