NOT LISTED FOR SALE

Estimated Value: $562,000 - $599,000

5 Beds
3 Baths
2,918 Sq Ft
$198/Sq Ft Est. Value

Last Sold May 06, 2020

Last sale price $400,000 $137 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,155/month

32 Days on Market

Highlights

  • In Ground Pool
  • Recreation Room
  • Whirlpool Bathtub
  • Navajo Heights Elementary School Rated A-
  • Traditional Architecture
  • Mud Room

About This Home

As of May 2020

This Palos Heights Two Story home hits all the marks from the square footage to the 5 , 2 1/2 , great layout and a yard that is the envy of the Navajo Hills neighborhood. Step into the large foyer to a main floor with huge living room/dining room plus office, eat-in kitchen, and family room with fireplace and wet bar. Large screen porch off family room leads to the perfect entertaining yard. Laid out perfectly with in ground pool plus huge deck and green space, 2 storage sheds for all equipment and party needs. Plus 5 large bedrooms on 2nd floor that includes a master suite. Basement is finished with vinyl floor and wet bar plus laundry room and concrete crawl for all your storage needs. 1st floor mud room leads to 2 1/2 car garage. Tear off roof and vinyl siding- 4 yrs; double pane windows on 2nd floor - 10 yrs.

Last Agent to Sell the Property

Loris Ryan

Berkshire Hathaway HomeServices Chicago License #475130403 Listed on: 02/20/2020

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Beth Lavenka

Coldwell Banker Realty License #471008414

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,316

Year Built

  • 1977

Lot Details

  • 0.35

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Circular Driveway
  • Side Driveway
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Wet Bar
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Home Office
  • Recreation Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Pool

  • In Ground Pool

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,316

Year Built

1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1977
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Interior Property Features: Bar-Wet
  • Number Of Rooms: 11
  • Living Room: Dimensions: 25X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished, Crawl
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 15X17, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: 5th Bedroom, Office, Foyer, Screened Porch, Recreation Room, Mud Room
  • Master Bedroom: Dimensions: 13X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Office, Dimensions: 14X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Foyer, Dimensions: 11X9, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 3: Dimensions: 10X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Screened Porch, Dimensions: 16X14, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 4: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Recreation Rm, Dimensions: 24X24, On Level: Basement, Flooring: Vinyl
  • Additional Room 6 Name: Mud, Dimensions: 11X6, On Level: Main Level, Flooring: Ceramic Tile
  • Estimated Sq Ft: 2918
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X24, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Exterior Property Features: Pool In-Ground
  • Acreage: 0.35

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt, Circular, Side Drive
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 218
  • Junior High Dist: 128

Lot Info

  • Lot Dimensions: 77X197
  • Parcel Identification Number: 24304190020000

Tax Info

  • Taxes: 10603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
May 5, 2020
Sold by
Schmitt Gerald A and Gerald L Schmitt Living Trust
Bought by
Banach Matthew H and Banach Tracy M
Seller's Agent
Loris Ryan
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Beth Lavenka
Coldwell Banker Realty
List Price
$449,000
Sold Price
$400,000
Premium/Discount to List
-$49,000
-10.91%
Current Estimated Value
$589,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,755
Avg. Annual Appreciation
7.63%
Original Mortgage
$320,000
Outstanding Balance
$286,647
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$303,071

Purchase Details

Closed on
Oct 31, 2018
Sold by
Schmitt Gerald L
Bought by
Schmitt Gerald L and The Gerald L Schmitt Living Trust

Purchase Details

Closed on
Nov 13, 1998
Sold by
Sterchele Peter J and Sterchele Judith A
Bought by
Schmitt Gerald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.5%
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
Banach Matthew H $400,000 Attorneys Ttl Guaranty Fund
Schmitt Gerald L -- None Available
Schmitt Gerald L $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banach Matthew H $320,000
Previous Owner Schmitt Gerald L $228,000
Previous Owner Schmitt Gerald L $249,821
Previous Owner Schmitt Gerald L $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2020 05/06/20 Sold $400,000 -6.8% $137 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
03/03/2020 03/03/20 Price Changed $429,000 -4.5% $147 / Sq Ft
02/20/2020 02/20/20 For Sale $449,000 -- $154 / 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 $12,316 $44,000 $9,529 $34,471
2023 $11,007 $44,000 $9,529 $34,471
2022 $11,007 $33,903 $8,385 $25,518
2021 $11,689 $33,903 $8,385 $25,518
2020 $10,418 $33,903 $8,385 $25,518
2019 $11,203 $39,989 $7,623 $32,366
2018 $10,603 $39,989 $7,623 $32,366
2017 $12,532 $39,989 $7,623 $32,366
2016 $11,125 $33,859 $6,479 $27,380
2015 $9,446 $33,859 $6,479 $27,380
2014 $9,200 $33,859 $6,479 $27,380
2013 $9,006 $35,655 $6,479 $29,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10642711

Midwest Real Estate Data (MRED)

APN: 24-30-419-002-0000