NOT LISTED FOR SALE

11507 S 86th Ave Palos Park, IL 60464

Estimated Value: $507,000 - $739,000

5 Beds
3 Baths
3,500 Sq Ft
$182/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $470,000 $134 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,228/month

51 Days on Market

Highlights

  • Heated Floors
  • Landscaped Professionally
  • Property is near a forest
  • Palos East Elementary School Rated A
  • Deck
  • Recreation Room

About This Home

As of June 2014

Private & Secluded w/Mature Trees & Prof. Landscaping surround this Gorgeous Inc. Tudor w/5 bdrms, 3 full bths, 4+ car gar. Cozy fam rm w/new carpet, wet bar, & htd floors; Bright & big kitchen w/granite counters & newer appliances. Private master w/FP, WIC, & master bth. Bonus attic could be converted to add living space. New tear off roof! Maintenance free deck w/hot tub. Gutter guards. Adjacent to forest preserve!

Last Agent to Sell the Property

Rommi Achterhof

Coldwell Banker Realty License #475122600 Listed on: 04/14/2014

Coldwell Banker Realty

Last Buyer's Agent

Rommi Achterhof

Coldwell Banker Realty License #475122600 Listed on: 04/14/2014

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,074

Year Built

  • 1978

Lot Details

  • East or West Exposure
  • Landscaped Professionally
  • Wooded Lot

Parking

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

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Stucco Exterior
  • Cedar

Interior Spaces

  • Wet Bar
  • Bar Fridge
  • Skylights
  • Wood Burning Fireplace
  • Includes Fireplace Accessories
  • Gas Log Fireplace
  • Entrance Foyer
  • Recreation Room
  • Storage Room
  • Finished Basement
  • Partial Basement
  • Storm Screens

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Bar Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Property is near a forest

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,074

Year Built

1978

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 31-40 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Style Of House: Tudor
  • Type Detached: 3 Stories
  • Estimated Year Built: 1978
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Interior Property Features: Skylight(s), Bar-Wet, Hardwood Floors, Heated Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Living Room: Dimensions: 19X13, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal
  • Equipment: Humidifier, Central Vacuum, TV-Cable, CO Detectors, Ceiling Fan, Fan-Whole House, Sump Pump
  • Fireplace Details: Wood Burning, Gas Logs, Gas Starter, Includes Accessories
  • Attic: Interior Stair
  • Fireplace Location: Master Bedroom
  • Basement: Partial
  • Basement: Finished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Soaking Tub
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 19X12, On Level: Basement, Flooring: Ceramic Tile, Windows: All
  • Dining Room: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 25X11, On Level: 2nd Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Table Space, Galley, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Deck, Foyer, Recreation Room, Storage, Walk In Closet
  • Master Bedroom: Dimensions: 20X14, On Level: 3rd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 14X12, On Level: Main Level, Flooring: Carpet, Windows: Shades
  • Additional Room 2 Name: Recreation Rm, Dimensions: 17X14, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 15X11, On Level: 3rd Level, Flooring: Carpet, Windows: All
  • Additional Room 3 Name: Foyer, Dimensions: 15X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Bedroom 3: Dimensions: 15X10, On Level: 3rd Level, Flooring: Hardwood, Windows: All
  • Additional Room 4 Name: Storage, Dimensions: 25X20, On Level: 3rd Level, Flooring: Other, Windows: None
  • Bedroom 4: Dimensions: 17X14, On Level: 4th Level, Flooring: Carpet, Windows: All
  • Additional Room 5 Name: Walk in Closet, Dimensions: 19X7, On Level: 3rd Level, Flooring: Carpet, Windows: All
  • Additional Room 6 Name: Deck, Dimensions: 16X14, On Level: 2nd Level, Flooring: Other, Windows: None
  • Estimated Sq Ft: 3500
  • Dining Room Type: Separate
  • Family Room: Dimensions: 23X19, On Level: Main Level, Flooring: Carpet, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick, Cedar, Stucco
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Deck, Patio, Storms/Screens
  • Exposure: W (West)
  • Acreage: 0.52

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 4.5
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan, Well-Private
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Radiant, 2+ Sep Heating Systems, Zoned

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: 179X128
  • Lot Description: Forest Preserve Adjacent, Landscaped Professionally, Wooded
  • Parcel Identification Number: 23233010470000

Tax Info

  • Taxes: 6372

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2017
Sold by
Ackerman Kurt R and Rose Tracey L
Bought by
Ackerman Kurt R
Current Estimated Value
$637,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Outstanding Balance
$145,424
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$483,848

Purchase Details

Listed on
Apr 14, 2014
Closed on
Aug 11, 2014
Sold by
Devries Raymond A Trust and Sharon M Devries Trust
Bought by
Ackerman Kurt R and Rose Tracey L
Seller's Agent
Rommi Achterhof
Coldwell Banker Realty
Buyer's Agent
Rommi Achterhof
Coldwell Banker Realty
List Price
$499,426
Sold Price
$470,000
Premium/Discount to List
-$29,426
-5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%
Original Mortgage
$282,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 1994
Sold by
Devries Raymond A and Devries Sharon M
Bought by
Devries Raymond A and Devries Sharon M
Source: Public Records

Range of Values:

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Average Value
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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
Ackerman Kurt R -- Attorney
Ackerman Kurt R $470,000 --
Ackerman Kurt R $470,000 --
Ackerman Kurt R $470,000 --
Devries Raymond A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ackerman Kurt R $258,000
Closed Ackerman Kurt R $282,000
Previous Owner Devries Raymond A $250,000
Previous Owner Devries Raymond A $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $470,000 -3.1% $134 / Sq Ft
06/04/2014 06/04/14 Pending -- -- --
05/28/2014 05/28/14 Price Changed $485,000 -2.9% $139 / Sq Ft
04/14/2014 04/14/14 For Sale $499,426 -- $143 / 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 $9,074 $40,282 $8,466 $31,816
2023 $9,301 $46,000 $8,466 $37,534
2022 $9,301 $34,325 $7,337 $26,988
2021 $8,649 $34,323 $7,336 $26,987
2020 $8,397 $34,323 $7,336 $26,987
2019 $9,695 $40,598 $6,772 $33,826
2018 $9,407 $40,598 $6,772 $33,826
2017 $9,138 $40,598 $6,772 $33,826
2016 $7,709 $28,926 $5,643 $23,283
2015 $7,623 $28,926 $5,643 $23,283
2014 $7,536 $28,926 $5,643 $23,283
2013 $6,568 $29,551 $5,643 $23,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08584517

Midwest Real Estate Data (MRED)

APN: 23-23-301-047-0000