NOT LISTED FOR SALE

11650 S Walnut Ridge Dr Palos Park, IL 60464

Estimated Value: $749,799 - $1,413,000

5 Beds
4.5 Baths
5,800 Sq Ft
$175/Sq Ft Est. Value

Last Sold October 10, 2019

Last sale price $870,000 $150 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,617/month

Highlights

  • Home Theater
  • Rooftop Deck
  • Landscaped Professionally
  • Palos East Elementary School Rated A
  • Second Garage
  • Fireplace in Primary Bedroom

About This Home

As of July 2023

Rent to Own or Just Rent****Spectacular Custom Remodel**** She stands palatially high upon the Ridge with a Road that only services a handful of homes tucked majestically into Paddock Woods. Palos Park offers this Huge hillside home on over an acre of beautifully wooded land and boasts 5 bedrooms, 4.5 baths with multiple Spacious En Suites. The larger En Suite features a Spa-like bathroom with 2 shower heads, 8 body sprays, a seated steam unit, Huge walk in closet and a jetted tub for two. This En Suite joins a 360 degree glass rail terrace overlooking natures beauty. Enjoy chilly evenings snuggled up by any of the three fireplaces. The Chef's Kitchen is filled with oversized SS appliances, European Cabinetry with soft close, motion lit drawers & a 12 foot quartz island! The sunken living room is an amazing feature that has custom wood ceilings directly next to an office on the main level. The home also offers availability for related living too. Entertain in style with this massive oversize deck overlooking your acre of wooded land. Or have a private screening in your Theatre Room!!! Exclusive balconies from nearly every room in your home. The gated driveway provides access to only those granted permission!!! Take all 6000 square feet and accessorize it with your finishes.... If you are looking for a secluded oasis that is not too far from the city, you have found exactly what you are looking for!!! Related living is also an option for the lower level which is connected to the theatre.... This rental is at a discounted price and is for rent or for sale!!! I advised the owner, this should be a minimum of $8k a month, he is more concerned with having a solid long-term tenant than maximizing his rental cash flow. Pay it forward, and come rent this luxury home in the suburbs...

Last Agent to Rent the Property

David Thomas

Blue Door Dave Inc License #471020400 Listed on: 05/23/2023

Last Renter's Agent

David Thomas

Blue Door Dave Inc License #471020400 Listed on: 05/23/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,775

Year Built

  • Built in 1975 | Remodeled in 2019

Lot Details

  • Landscaped Professionally
  • Wooded Lot

Parking

  • 5 Car Garage
  • Second Garage
  • Multiple Garages
  • Driveway
  • Secured Garage or Parking
  • Automatic Gate
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 5,800 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Includes Fireplace Accessories
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Sun or Florida Room

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • In-Law or Guest Suite
  • Dual Sinks
  • Whirlpool Bathtub
  • Double Shower
  • Steam Shower
  • European Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Fireplace in Basement
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Patio
  • Gazebo
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 4/1/23
  • Rent includes water, parking

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,775

Year Built

Built in 1975 | Remodeled in 2019

Lot Details

0

Parking

5

Rental Info

  • Available Date: 2023-04-01
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Detached
  • Rental Price: 7000
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Detached: 2 Stories
  • Property Sub-Type: Detached
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Built-In Oven
  • Basement: Full, Walkout
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Log, Includes Accessories
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Bedroom, In-Law Arrangement, First Floor Laundry, Ceiling - 10 Foot, Beamed Ceilings, Separate Dining Room
  • LivingArea: 5800
  • Room Type: Office, Sun Room, Bedroom 5, Theatre Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access,Rec/Family Area,Sleeping Area,Storage Space,Walk-Up Access
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Double Sink,European Shower,Full Body Spray Shower,Double Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Master Bedroom,Basement
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Porch, Roof Deck
  • List Price: 7000
  • Lot Features: Landscaped, Wooded
  • OtherStructures: Gazebo, Second Garage
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 5
  • Parking Features: Unassigned, Off Street, Driveway, Motorized Gate, Secured
  • ParkingTotal: 5
  • Number of Cars: 10
  • Driveway: Asphalt
  • Garage Details: Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned, Dual
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls, Zoned
  • Laundry Features: Laundry Closet
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Additional Pet Rent, Cats OK, Deposit Required, Dogs OK
  • Rent Includes: Water, Parking

Schools

  • Middle/Junior School District: 118

Lot Info

  • Lot Dimensions: 44312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Oct 10, 2019
Sold by
Saphira Inc
Bought by
Bonsu Andrew A
Seller's Agent
Marcella Garson
Marcella A. Garson
Buyer's Agent
David Thomas
Blue Door Dave Inc
List Price
$899,900
Sold Price
$870,000
Premium/Discount to List
-$29,900
-3.32%
Current Estimated Value
$1,014,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,950
Avg. Annual Appreciation
2.59%
Original Mortgage
$609,000
Outstanding Balance
$548,689
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$466,261

Purchase Details

Listed on
Feb 14, 2018
Closed on
Mar 15, 2018
Sold by
The Bank Of New York Mellon
Bought by
Saphira Inc
Seller's Agent
Vito Partipilo
Rozar Realty, Inc.
Buyer's Agent
Marcella Garson
Marcella A. Garson
List Price
$334,900
Sold Price
$356,917
Premium/Discount to List
$22,017
6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.03%
Original Mortgage
$580,000
Interest Rate
4.32%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 14, 2017
Sold by
Gabhawala Manjulaben A and Gabhawala Manjulaben
Bought by
The Bank Of New York Mellon and The Bank Of Newyork

Purchase Details

Closed on
Oct 11, 2007
Sold by
Gabhawala Manjulaben A
Bought by
Family Bank & Trust Co and Trust #9-774

Purchase Details

Closed on
Mar 26, 2007
Sold by
Family Bank & Trust Co
Bought by
Gabhawala Manjulaben A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2004
Sold by
Family Bank & Trust Co
Bought by
Family Bank & Trust and Trust #9-814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
6.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 19, 1998
Sold by
Strauss John E and Strauss Patricia A
Bought by
First State Bank & Trust Company and Trust #3-352
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
Bonsu Andrew A $870,000 Chicago Title
Saphira Inc $357,000 None Available
The Bank Of New York Mellon -- Attorney
Family Bank & Trust Co -- None Available
Gabhawala Manjulaben A -- Lawyers Title Insurance Corp
Family Bank & Trust -- --
First State Bank & Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonsu Andrew A $609,000
Previous Owner Saphira Inc $580,000
Previous Owner Gabhawala Manjulaben A $900,000
Previous Owner Family Bank & Trust $725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2023 07/18/23 Rented $7,000 0.0% --
05/23/2023 05/23/23 Under Contract -- -- --
05/23/2023 05/23/23 For Rent $7,000 0.0% --
10/10/2019 10/10/19 Sold $870,000 0.0% $150 / Sq Ft View Prior Sale
09/30/2019 09/30/19 Off Market $870,000 -- --
09/06/2019 09/06/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $899,900 +3.4% $155 / Sq Ft
07/14/2019 07/14/19 Off Market $870,000 -- --
06/13/2019 06/13/19 For Sale $899,900 +152.1% $155 / Sq Ft
03/19/2018 03/19/18 Sold $356,917 +6.6% $136 / Sq Ft View Prior Sale
03/01/2018 03/01/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $334,900 -- $128 / 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 $14,775 $63,509 $16,617 $46,892
2023 $15,448 $63,509 $16,617 $46,892
2022 $15,448 $54,749 $14,401 $40,348
2021 $15,279 $54,749 $14,401 $40,348
2020 $14,725 $54,749 $14,401 $40,348
2019 $10,842 $41,567 $13,293 $28,274
2018 $9,652 $41,567 $13,293 $28,274
2017 $10,798 $47,359 $13,293 $34,066
2016 $8,723 $35,229 $11,078 $24,151
2015 $8,593 $35,229 $11,078 $24,151
2014 $8,508 $35,229 $11,078 $24,151
2013 $8,870 $38,990 $11,078 $27,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11789884

Midwest Real Estate Data (MRED)

APN: 23-23-408-012-0000