NOT LISTED FOR SALE

Estimated Value: $602,000 - $702,000

4 Beds
4 Baths
3,000 Sq Ft
$212/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $506,000 $169 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,134/month

13 Days on Market

Highlights

  • Deck
  • 5-minute walk to Palos Park Station
  • Wooded Lot
  • Palos East Elementary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of April 2016

Natural stone pillars invite you up to this lovely, unique style home sitting proudly on a spacious wooded lot in the heart of the Park. You'll be in for a real treat as you enter this totally remodeled and expanded beauty. The exterior with its wide soffits offer a touch of prairie style. Every inch has been touched with attention to detail...new gleaming hardwood floors, new kitchen with 42 in. maple cabinets,beautiful granite countertops and stainless high-end appliances, all 3 1/2 baths remodeled with granite countertops and stone look ceramic, new 3 story addition includes breakfast room, huge master suite with massive walk-in closet and spacious master bath, plus a 4th bedroom suite perfect and private for your special guests. The finished sub-basement offers a great recreation room as well as TV area. Roof is only 6 years old, furnace and A/C 10 years, and mostly all new Pella windows throughout. Bright and cheerful with awesome views of the wooded lot from every room.

Last Agent to Sell the Property

Reta Wegele

Coldwell Banker Residential Listed on: 03/09/2016

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,914

Year Built

  • 1958

Lot Details

  • 0.74

Parking

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

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Breakfast Room
  • Home Office
  • Recreation Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sub-Basement

Utilities

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

Additional Features

  • Deck
  • Wooded Lot

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,914

Year Built

1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 1958
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Interior Property Features: Hardwood Floors, In-Law Arrangement
  • Number Of Rooms: 11
  • Living Room: Dimensions: 25X14, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Fireplace Location: Living Room, Basement
  • Basement: Partial
  • Basement: Finished, Sub-Basement
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 19X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Breakfast Room, Office, Recreation Room
  • Master Bedroom: Dimensions: 20X13, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 2 Name: Office, Dimensions: 16X10, On Level: Lower, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 14X11, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 3 Name: Recreation Rm, Dimensions: 29X14, On Level: Basement, Flooring: Ceramic Tile, Windows: All
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Bedroom 4: Dimensions: 16X14, On Level: Lower, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 3000
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 23X12, On Level: Main Level, Flooring: Carpet, Windows: All

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

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

Lot Info

  • Lot Dimensions: 107X298
  • Lot Description: Wooded
  • Parcel Identification Number: 23264040150000

Tax Info

  • Taxes: 6421

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
Apr 29, 2016
Sold by
Welbourne Megan C and Welbourne Megan C
Bought by
Koenig Thomas L and Koenig Karen M
Seller's Agent
Reta Wegele
Coldwell Banker Residential
Buyer's Agent
Non Member
NON MEMBER
List Price
$525,000
Sold Price
$506,000
Premium/Discount to List
-$19,000
-3.62%
Current Estimated Value
$636,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,497
Avg. Annual Appreciation
1.73%

Purchase Details

Closed on
Apr 14, 2006
Sold by
Standard Bank & Trust Co
Bought by
Welbourne Benjamin D and Welbourne Megan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.42%
Mortgage Type
Fannie Mae Freddie Mac
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
Koenig Thomas L $506,000 Stewart Title
Welbourne Benjamin D $470,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welbourne Benjamin D $335,000
Previous Owner Welbourne Benjamin D $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $506,000 -3.6% $169 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $525,000 -- $175 / 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 $8,914 $42,283 $12,010 $30,273
2023 $8,701 $46,000 $12,010 $33,990
2022 $8,701 $35,068 $10,409 $24,659
2021 $8,113 $35,066 $10,408 $24,658
2020 $8,499 $37,185 $10,408 $26,777
2019 $7,911 $36,504 $9,607 $26,897
2018 $7,675 $36,504 $9,607 $26,897
2017 $7,470 $36,504 $9,607 $26,897
2016 $6,112 $27,216 $8,006 $19,210
2015 $6,481 $27,216 $8,006 $19,210
2014 $6,421 $27,216 $8,006 $19,210
2013 $7,254 $32,366 $8,006 $24,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09160061

Midwest Real Estate Data (MRED)

APN: 23-26-404-015-0000