NOT LISTED FOR SALE

Estimated Value: $263,000 - $279,711

1.44 Acres
$188,442 Price per Acre
62,726 Sq Ft Lot

Last Sold December 06, 2022

Last sale price $237,500

Est. 14% increase in value since last sale

Current estimated payment $1,991/month

111 Days on Market

Highlights

  • Waterfront
  • 1.44 Acre Lot
  • Property is near a forest
  • Palos West Elementary School Rated A

About This Lot

As of December 2022

Prime location in Palos Park's highly-desired, Shadow Ridge Estates! Private corner lot in this amazing, gated community with even fewer lots remaining that last time listed. Build your Dream Home in this exclusive Southside community! Tree-lined lot line to the west, overlooking a pond! PRIVATE AND SECURE yet a short drive from anything you would need!

Last Agent to Sell the Property

Kyle Altenburg

Hanley Realty, Inc. License #471020591 Listed on: 07/06/2022

Last Buyer's Agent

Summar Othman

Kale Realty License #475180443

Kale Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,924

Lot Details

  • 1.44 Acre Lot
  • Lot Dimensions are 107x259x195x166x314
  • Waterfront
  • Property is zoned SINGL

Schools

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

Utilities

  • Electricity To Lot Line
  • Gas Available

Additional Features

  • Water Views
  • Property is near a forest

Community Details

  • Shadow Ridge Estates Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$5,924

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple w/ HO Assn.
  • Current Use: Estate, Single Family
  • Road Surface Type: Asphalt
  • Subdivision Name: Shadow Ridge Estates
  • General Information: School Bus Service,Commuter Train
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 107
  • Frontage Type: City Street
  • List Price: 249900
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal

Schools

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

Lot Info

  • Lot Size Acres: 1.44
  • Lot Dimensions: 107X259X195X166X314
  • Zoning: SINGL
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N
  • Land Amenities: Curbs and Gutters,Pond/Lake,Security Entrance
  • Estimated Land Sq Ft: 62,839
  • Land Description: Irregular,Walk-out

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 5924.16
  • Tax Year: 2020

MLS Schools

  • Other Public Sch Dist: 524
  • Othr Public Sch: Moraine Valley Community College

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Dec 5, 2022
Sold by
Madelyn E Sponza Illinois Qtip Trust and Old National Wealth Management
Bought by
Iman M All Trust and Ali
Seller's Agent
Kyle Altenburg
Hanley Realty, Inc.
Buyer's Agent
Summar Othman
Kale Realty
List Price
$249,900
Sold Price
$237,500
Premium/Discount to List
-$12,400
-4.96%
Views
5
Current Estimated Value
$271,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,856
Avg. Annual Appreciation
4.86%

Purchase Details

Closed on
Feb 21, 2013
Sold by
Sponza Steven J
Bought by
Sponza Steven J and Madelyn E Sponza Illinois Qtip Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Iman M All Trust $237,500 None Listed On Document
Iman M All Trust $237,500 None Listed On Document
Sponza Steven J -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2022 12/06/22 Sold $237,500 0.0% --
10/26/2022 10/26/22 Pending -- -- --
09/01/2022 09/01/22 Off Market $237,500 -- --
07/06/2022 07/06/22 For Sale $249,900 -- --
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 $6,629 $16,529 $16,529 --
2023 $6,629 $26,747 $26,747 --
2022 $6,629 $22,027 $22,027 $0
2021 $6,147 $22,026 $22,026 $0
2020 $5,924 $22,026 $22,026 $0
2019 $5,745 $22,026 $22,026 $0
2018 $5,575 $22,026 $22,026 $0
2017 $5,407 $22,026 $22,026 $0
2016 $3,774 $14,160 $14,160 $0
2015 $3,732 $14,160 $14,160 $0
2014 $3,689 $14,160 $14,160 $0
2013 $3,454 $14,160 $14,160 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11455207

Midwest Real Estate Data (MRED)

APN: 23-30-203-009-0000