NOT LISTED FOR SALE

11849 Southwest Hwy Palos Heights, IL 60463

Lake Katherine Neighborhood

Estimated Value: $1,090,550

-- Bed
-- Bath
3,193 Sq Ft
$342/Sq Ft Est. Value

About This Home

This home is located at 11849 Southwest Hwy, Palos Heights, IL 60463 and is currently estimated at $1,090,550, approximately $341 per square foot. 11849 Southwest Hwy is a home located in Cook County with nearby schools including Palos East Elementary School, Palos South Middle School, and Amos Alonzo Stagg High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2024
Sold by
Birch Hill Realty Llc
Bought by
Shaan Palos Heights Llc
Current Estimated Value
$1,090,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,800,000
Outstanding Balance
$15,329,572
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$14,225,389

Purchase Details

Closed on
Sep 28, 2016
Sold by
Pardean Properties Llc
Bought by
Birch Hill Realty Llc

Purchase Details

Closed on
Jan 27, 2016
Sold by
Standard Bank & Trust Company
Bought by
Pardenn Properties Llc

Purchase Details

Closed on
Jan 30, 2014
Sold by
Parden Properties Llc
Bought by
Standard Bank & Trust Company and Trust #21629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Interest Rate
4.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1994
Sold by
Denning Leon R
Bought by
Denning Leon R and The Leon R Denning Revocable Trust

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Shaan Palos Heights Llc $1,100,000 None Listed On Document
Birch Hill Realty Llc $425,000 Freedom Title Corporation
Pardenn Properties Llc -- None Available
Standard Bank & Trust Company -- None Available
Denning Leon R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaan Palos Heights Llc $15,800,000
Previous Owner Birch Hill Realty Llc $1,600,000
Previous Owner Standard Bank & Trust Company $3,100,000
Previous Owner Pardenn Properties Llc $270,000
Source: Public Records

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 $59,153 $215,948 $92,298 $123,650
2023 $59,153 $218,989 $92,298 $126,691
2022 $59,153 $173,907 $92,298 $81,609
2021 $55,148 $173,906 $92,298 $81,608
2020 $11,689 $38,316 $36,919 $1,397
2019 $9,062 $30,766 $30,766 $0
2018 $8,765 $30,766 $30,766 $0
2017 $8,462 $30,766 $30,766 $0
2016 $8,206 $27,689 $27,689 $0
2015 $8,078 $27,689 $27,689 $0
2014 $7,882 $27,689 $27,689 $0
2013 $7,348 $27,689 $27,689 $0
Source: Public Records

Map

Illinois Cook County Palos Heights 60463 Lake Katherine

11849 Southwest Hwy, Palos Heights, IL

Homes for Sale in Palos Heights, IL

This home is located at 11849 Southwest Hwy, Palos Heights, IL 60463 and is currently estimated at $1,090,550, approximately $341 per square foot. 11849 Southwest Hwy is a home located in Cook County with nearby schools including Palos East Elementary School, Palos South Middle School, and Amos Alonzo Stagg High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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