NOT LISTED FOR SALE

12522 Southwest Hwy Palos Park, IL 60464

Estimated Value: $332,000 - $485,000

3 Beds
1 Bath
1,423 Sq Ft
$281/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $219,000 $154 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,671/month

42 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Wood Flooring
  • Palos East Elementary School Rated A
  • Ranch Style House
  • Corner Lot

About This Home

As of December 2019

A Cottage in the Woods - warm ranch on wooded 3/4 acre in the heart of Palos Park. This tree lined property offers the scenic seclusion and privacy of a classic Palos Park property. Walk up the new custom stone entryway to a 3 Bedroom, 1 Bath Ranch with beautifully Refinished Hardwood Floors throughout. Large Family room with vaulted ceiling, wood beams, floor to ceiling windows and large stone gas fireplace; perfect for family gatherings. Family room leads out to a large private deck, great for relaxing and enjoying the country like setting of the large wooded lot. FR flows into Eat In Kitchen with additional peninsula seating, then down the hall to the 3 good sized bedrooms and Remodeled Full Bath. Basement has new drain tile, waterproof wall membrane and sump pump, all with transferable warranty. The basement also has exterior access and roughed plumbing for an additional bathroom. 2.5 car garage. City water and sewer. Come put your finishing touches and make this your perfect home! Home does need updates, as-is, priced accordingly. Don't miss this one!

Last Agent to Sell the Property

Jared Gordon

Baird & Warner License #475183322 Listed on: 10/03/2019

Baird & Warner

Last Buyer's Agent

Denise Hoekstra

RE/MAX 1st Service License #475135216

RE/MAX 1st Service

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,795

Year Built

  • 1954

Lot Details

  • Corner Lot
  • Wooded Lot

Parking

  • Detached Garage
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Bathroom on Main Level
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Unfinished Basement

  • Exterior Basement Entry
  • Rough-In Basement Bathroom

Outdoor Features

  • Deck

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Baseboard Heating
  • Lake Michigan Water

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,795

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 1423
  • Unfinished Basement Sq Ft: 420
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1954
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Total Sq Ft: 1843
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 5
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Fireplace Details: Attached Fireplace Doors/Screen, Gas Logs
  • Attic: Full, Unfinished
  • Fireplace Location: Family Room
  • Basement: Unfinished, Exterior Access, Bathroom Rough-In
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 5X15, On Level: Basement
  • Kitchen Type: Dimensions: 20X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 2: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Estimated Sq Ft: 1423
  • Estimated Total Finished Sq Ft: 1423
  • Basement Sq Ft: 420
  • Upper Level Sq Ft: 1423
  • Family Room: Dimensions: 25X17, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.7369

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Baseboard, Radiators

Condo/Co-op/Association

  • Assessed Sq Ft: 1423

Schools

  • Junior High Dist: 118

Lot Info

  • Lot Dimensions: 32100
  • Lot Description: Corner, Wooded
  • Parcel Identification Number: 23274140140000

Tax Info

  • Taxes: 4493.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Dec 23, 2019
Sold by
Lumley David R
Bought by
Davis Thomas and Davis Flora
Seller's Agent
Jared Gordon
Baird & Warner
Buyer's Agent
Denise Hoekstra
RE/MAX 1st Service
List Price
$265,000
Sold Price
$219,000
Premium/Discount to List
-$46,000
-17.36%
Current Estimated Value
$400,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,277
Avg. Annual Appreciation
10.88%
Original Mortgage
$208,050
Outstanding Balance
$186,911
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$213,366

Purchase Details

Closed on
Mar 11, 2015
Sold by
Lumley Rosemarie E
Bought by
Lumley Rosemarie E and Rosemarie E Lumley 2015 Trust
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
Davis Thomas $219,000 Greater Illinois Title
Lumley Rosemarie E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Thomas $208,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2019 12/27/19 Sold $219,000 0.0% $154 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
11/08/2019 11/08/19 Price Changed $219,000 -12.0% $154 / Sq Ft
10/22/2019 10/22/19 Price Changed $249,000 -6.0% $175 / Sq Ft
10/03/2019 10/03/19 For Sale $265,000 -- $186 / 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 $6,795 $31,001 $12,038 $18,963
2023 $7,453 $31,001 $12,038 $18,963
2022 $7,453 $28,185 $10,433 $17,752
2021 $7,865 $28,183 $10,432 $17,751
2020 $7,580 $28,183 $10,432 $17,751
2019 $4,851 $29,183 $9,630 $19,553
2018 $4,716 $29,183 $9,630 $19,553
2017 $4,493 $29,183 $9,630 $19,553
2016 $5,726 $25,766 $8,025 $17,741
2015 $5,605 $25,766 $8,025 $17,741
2014 $5,565 $25,766 $8,025 $17,741
2013 $6,230 $30,046 $8,025 $22,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10536935

Midwest Real Estate Data (MRED)

APN: 23-27-414-014-0000