NOT LISTED FOR SALE

Estimated Value: $462,509 - $539,000

4 Beds
3 Baths
2,065 Sq Ft
$242/Sq Ft Est. Value

Last Sold September 16, 2013

Last sale price $275,000 $133 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,539/month

16 Days on Market

Highlights

  • Ranch Style House
  • Circular Driveway
  • Attached Garage
  • Palos East Elementary School Rated A
  • Fenced Yard
  • 4-minute walk to Memorial Park/Community Park

About This Home

As of September 2013

GREAT FORECLOSURE OPPORTUNITY! LOTS OF SPACE INSIDE/OUT! THIS 3 STEP BRICK RANCH HOME SITS ON A BEAUTIFUL LOT W CIRCULAR-FRONT-DRIVEWAY! MANY POSSIBILITIES HERE! FAMILY ROOM OFF KITCHEN AREA, GARAGE EXTENDS TO THE OPEN PORCH AREA. PROPERTY IS BEING SOLD "AS IS" CONDITION. Buyer must assume any Village Required Repairs. OFFERS MUST HAVE PRE-APPROVAL ATTACHED.

Last Agent to Sell the Property

Gaspar Flores

Su Familia Real Estate Inc License #471004257 Listed on: 07/15/2013

Co-Listed By

Peter Hernandez

RE/MAX MI CASA License #475151371

Last Buyer's Agent

Norah Russo

RE/MAX 10 License #475122902

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,754

Year Built

  • 1974

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

  • Attached Garage
  • Circular Driveway
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Breakfast Bar
  • Laundry on main level
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,754

Year Built

1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1974
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Interior Property Features: 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 16X24, On Level: Main Level, Flooring: Carpet
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 12X10, On Level: 2nd Level
  • Estimated Sq Ft: 2065
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X17, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: E (East), W (West)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt, Circular, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 230
  • Elementary School: PALOS EAST ELEMENTARY SCHOOL
  • High School: AMOS ALONZO STAGG HIGH SCHOOL
  • Junior High Dist: 118

Lot Info

  • Lot Dimensions: 109 X 133
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 23252060040000

Tax Info

  • Taxes: 6,651.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Aug 13, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wolcott Eric M and Wolcott Trisha L
Seller's Agent
Gaspar Flores
Su Familia Real Estate Inc
Buyer's Agent
Norah Russo
RE/MAX 10
List Price
$279,900
Sold Price
$275,000
Premium/Discount to List
-$4,900
-1.75%
Current Estimated Value
$500,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,377
Avg. Annual Appreciation
5.15%
Original Mortgage
$261,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2013
Sold by
Healy John G
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 11, 1996
Sold by
Cole Taylor Bank
Bought by
Healy John G and Healy Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.06%
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
Wolcott Eric M $275,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Healy John G $223,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolcott Eric M $226,800
Closed Wolcott Eric M $233,000
Previous Owner Wolcott Eric M $261,250
Previous Owner Healy John G $15,900
Previous Owner Healy John G $231,000
Previous Owner Healy John G $221,250
Previous Owner Healy John G $30,000
Previous Owner Healy John G $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2013 09/16/13 Sold $275,000 -1.8% $133 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $279,900 -- $136 / 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 $9,754 $39,000 $8,756 $30,244
2023 $8,378 $39,000 $8,756 $30,244
2022 $8,378 $28,660 $7,706 $20,954
2021 $7,886 $28,658 $7,705 $20,953
2020 $7,700 $28,658 $7,705 $20,953
2019 $7,833 $30,313 $7,005 $23,308
2018 $7,572 $30,313 $7,005 $23,308
2017 $7,227 $30,313 $7,005 $23,308
2016 $7,152 $27,289 $5,954 $21,335
2015 $8,085 $28,552 $5,954 $22,598
2014 $7,914 $28,552 $5,954 $22,598
2013 $6,784 $28,882 $5,954 $22,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08394891

Midwest Real Estate Data (MRED)

APN: 23-25-206-004-0000