NOT LISTED FOR SALE

1217 Palm Dr Wheeling, IL 60090

Estimated Value: $383,000 - $443,000

3 Beds
2 Baths
1,299 Sq Ft
$311/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $384,000 $296 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,147/month

41 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Lower Floor Utility Room
  • Wheeling High School Rated A
  • Home Gym
  • Stainless Steel Appliances

About This Home

As of February 2023

Stunning renovation! Total gut rehab of a classic ranch style home with full finished basement! Over 2,500 square feet of living space. Everything inside is new! Plumbing, electric, HVAC, insulation and most windows. This home is packed with high-end finishes and modern details. Open floor plan. Large living/dining combo. Dream kitchen with white cabinets, quartz countertops and breakfast bar, Samsung kitchen appliances, 5 burner stove and Braun hood. Walk-in pantry. Two full bathrooms with gorgeous ceramic tile, stone counters, glass shower and built-in blue tooth speakers. Huge finished basement with two open areas that offer endless possibilities for leisure, play, work, fitness and entertainment. Enclosed breezeway between the house and the 2 car attached garage can be reimagined into a mud room and additional storage. Three car driveway. Perfect location on a corner lot, just minutes to parks, public library, all three schools and all the shopping and dining along the Dundee road. Eligible primary occupancy buyers may qualify to purchase this home using a special community loan program with as little as 3% down payment, no PMI, low interest rate financing and $7,500 lender closing cost credit.

Last Agent to Sell the Property

Julia Schifrin

Keller Williams North Shore West License #471014013 Listed on: 12/08/2022

Keller Williams North Shore West

Last Buyer's Agent

Carla Norton Brown

A Dwelling 4U Realty LLC License #471020783

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,521

Year Built

  • Built in 1964 | Remodeled in 2022

Lot Details

  • 8,999 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,299 Sq Ft Home
  • Open Floorplan
  • Lower Floor Utility Room
  • Sink Near Laundry
  • Home Gym
  • Tandem Room
  • Carbon Monoxide Detectors

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • No Tub in Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Patio
  • Breezeway

Schools

  • Booth Tarkington Elementary Scho
  • Jack London Middle School
  • Wheeling High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas

Community Details

  • Ranch

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,521

Year Built

Built in 1964 | Remodeled in 2022

Lot Details

8,999 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Dining Combo, Pantry
  • LivingArea: 1299
  • Other Equipment: Humidifier, CO Detectors, Sump Pump
  • Room Type: Exercise Room, Tandem Room, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 2544
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink,No Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 2861
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Breezeway
  • Lot Features: Corner Lot, Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Booth Tarkington Elementary Scho
  • High School: Wheeling High School
  • Middle/Junior School: Jack London Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2066
  • Lot Dimensions: 9000
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 6521
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Hicks Tanya M
Bought by
Hicks Family Revocable Trust
Current Estimated Value
$404,478

Purchase Details

Listed on
Dec 8, 2022
Closed on
Feb 22, 2023
Sold by
Vmam Property Investment Llc
Bought by
Hicks Tanya M
Seller's Agent
Julia Schifrin
Keller Williams North Shore West
Buyer's Agent
Carla Norton Brown
A Dwelling 4U Realty LLC
List Price
$399,000
Sold Price
$384,000
Premium/Discount to List
-$15,000
-3.76%
Views
255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.71%
Original Mortgage
$384,000
Interest Rate
6.25%
Mortgage Type
Balloon

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 31, 2022
Sold by
Mathe Robert and Hillerud Sharon
Bought by
Vmam Property Investment Llc
Seller's Agent
Sheila Thomas
RE/MAX Plaza
Buyer's Agent
Felix Dralyuk
Dralyuk Real Estate Inc.
List Price
$237,900
Sold Price
$205,000
Premium/Discount to List
-$32,900
-13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.86%
Original Mortgage
$212,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 6, 2021
Sold by
Mathe Robert and Hillerud Sharon
Bought by
Vmam Property Investment Llc
Seller's Agent
Sheila Thomas
RE/MAX Plaza
Buyer's Agent
Felix Dralyuk
Dralyuk Real Estate Inc.
List Price
$237,900
Sold Price
$205,000
Premium/Discount to List
-$32,900
-13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
3.45%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hicks Family Revocable Trust -- None Listed On Document
Hicks Tanya M $384,000 None Listed On Document
Vmam Property Investment Llc $205,000 --
Vmam Property Investment Llc $205,000 --
Vmam Property Investment Llc $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hicks Tanya M $384,000
Previous Owner Vmam Property Investment Llc $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2023 02/24/23 Sold $384,000 +1.3% $296 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
01/12/2023 01/12/23 Price Changed $379,000 -2.6% $292 / Sq Ft
12/15/2022 12/15/22 Price Changed $389,000 -2.5% $299 / Sq Ft
12/08/2022 12/08/22 For Sale $399,000 +94.6% $307 / Sq Ft
01/21/2022 01/21/22 Sold $205,000 -13.8% $158 / Sq Ft View Prior Sale
12/02/2021 12/02/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $237,900 -- $183 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $232 $33,000 $8,100 $24,900
2024 $232 $24,000 $6,750 $17,250
2023 $5,703 $24,000 $6,750 $17,250
2022 $5,703 $24,000 $6,750 $17,250
2021 $960 $20,933 $5,175 $15,758
2020 $871 $20,933 $5,175 $15,758
2019 $874 $23,415 $5,175 $18,240
2018 $975 $25,172 $4,500 $20,672
2017 $6,827 $25,172 $4,500 $20,672
2016 $1,640 $25,172 $4,500 $20,672
2015 $1,840 $24,153 $3,825 $20,328
2014 $8,395 $24,153 $3,825 $20,328
2013 $1,661 $24,153 $3,825 $20,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11679433

Midwest Real Estate Data (MRED)

APN: 03-10-118-001-0000

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