Seller's Agent in 2023
Amy Kite
Keller Williams Infinity
(224) 337-2788
1 in this area
1,113 Total Sales
12557 Rail Ln Palos Park, IL 60464
Palos Park West NeighborhoodEstimated Value: $819,000 - $1,086,000
6
Beds
5.5
Baths
4,520
Sq Ft
$216/Sq Ft
Est. Value
Highlights
- Barn
- Stables
- In Ground Pool
- Palos West Elementary School Rated A
- Tennis Courts
- Heated Floors
About This Home
As of July 2023This secluded ranch retreat on over 2 acres has so much to offer. Inground pool, tennis court, basketball court, horse stalls, deck/patio, and firepit are all here for you to enjoy the outdoors at this perfect time of year. Inside the house you will find a brand new white kitchen with luxury appliances, quartz countertops open to the dining room and family room. The sun room provides light from every angle including the ceiling with a fireplace and views to your incredible, treelined property. The private primary retreat has an incredible updated bath, walk around closet, cedar closet in loft, hardwood floors, and fireplace in sitting area for those quiet or blistery winter mornings. There are 4 additional bedrooms in the house including a second floor suite with large sitting area and fireplace. The barn on the property not only has horse stalls but has been finished to house an exercise room, full bath and upstairs you will find a bedroom, and large recreation room w/ bar for parties or family. So much here to enjoy. Move in and enjoy summer is the incredible home.
Last Agent to Sell the Property
Keller Williams Infinity License #475132989 Listed on: 05/29/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,044
Year Built
- Built in 1958 | Remodeled in 2015
Lot Details
- 2.35 Acre Lot
- Lot Dimensions are 511x197
- Paved or Partially Paved Lot
- Mature Trees
- Wooded Lot
- Additional Parcels
Parking
- 4 Car Attached Garage
- Garage Transmitter
- Side or Rear Entrance to Parking
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- 2-Story Property
- Shake Roof
- Box Stalls
Interior Spaces
- 4,520 Sq Ft Home
- Open Floorplan
- Wet Bar
- Built-In Features
- Bookcases
- Beamed Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Double Sided Fireplace
- Includes Fireplace Accessories
- Fireplace With Gas Starter
- Blinds
- Bay Window
- Window Screens
- Entrance Foyer
- Living Room with Fireplace
- 4 Fireplaces
- Formal Dining Room
- Home Office
- Bonus Room
- Heated Sun or Florida Room
Kitchen
- Breakfast Bar
- Cooktop
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wood
- Partially Carpeted
- Heated Floors
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Walk-In Closet
- In-Law or Guest Suite
- Bathroom on Main Level
- Dual Sinks
- Whirlpool Bathtub
- European Shower
- Shower Body Spray
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Home Security
- Home Security System
- Storm Screens
- Storm Doors
- Carbon Monoxide Detectors
Outdoor Features
- In Ground Pool
- Tennis Courts
- Balcony
- Deck
- Patio
- Fire Pit
- Gazebo
Schools
- Palos West Elementary School
- Palos South Middle School
- Amos Alonzo Stagg High School
Horse Facilities and Amenities
- Horses Allowed On Property
- Stables
Utilities
- Central Air
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Property is near a park
- Barn
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Community Lake
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2023
Closed on
Jul 21, 2023
Sold by
Dimond Desmond and Dimond Clare
Bought by
Flaherty Thomas F and Flaherty Christine M
Seller's Agent
Amy Kite
Keller Williams Infinity
Buyer's Agent
Maria Miller
Better Homes & Gardens Real Estate
List Price
$1,000,000
Sold Price
$1,000,000
Views
111
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,685
Avg. Annual Appreciation
0.09%
Purchase Details
Listed on
Jun 16, 2014
Closed on
Apr 24, 2015
Sold by
The Chicago Trust Company Na
Bought by
Daineh Thayer A
Seller's Agent
Chris Pequet
Jameson Sotheby's International Realty
Buyer's Agent
Patricia Emery
Kagan Real Estate, Inc.
List Price
$850,000
Sold Price
$650,000
Premium/Discount to List
-$200,000
-23.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$417,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 10, 1999
Sold by
First Midwest Trust Company
Bought by
Suburban Bank & Trust and Trust #1-0579
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Flaherty Thomas F | $1,000,000 | Old Republic Title | |
| Daineh Thayer A | $650,000 | Git | |
| Suburban Bank & Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Daineh Thayer A | $285,890 | |
| Previous Owner | Daineh Thayer A | $417,000 | |
| Previous Owner | Suburban Bank & Trust | $225,000 | |
| Previous Owner | Suburban Bank & Trust Co | $953,000 | |
| Previous Owner | Suburban Bank & Trust | $650,000 | |
| Previous Owner | Suburban Bank & Trust Co | $322,000 | |
| Previous Owner | Southwest Financial Bank & Trust Company | $437,500 | |
| Previous Owner | Southwest Financial Bank & Trust Company | $339,000 | |
| Previous Owner | Suburban Bank & Trust Company | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2023 07/31/23 | Sold | $1,000,000 | 0.0% | $221 / Sq Ft |
| 06/12/2023 06/12/23 | Pending | -- | -- | -- |
| 05/29/2023 05/29/23 | For Sale | $1,000,000 | 0.0% | $221 / Sq Ft |
| 11/19/2019 11/19/19 | Rented | $4,500 | 0.0% | -- |
| 11/14/2019 11/14/19 | Off Market | $4,500 | -- | -- |
| 10/02/2019 10/02/19 | Price Changed | $4,500 | -18.2% | $1 / Sq Ft |
| 09/20/2019 09/20/19 | For Rent | $5,500 | 0.0% | -- |
| 05/01/2015 05/01/15 | Sold | $650,000 | -9.6% | $194 / Sq Ft |
| 01/19/2015 01/19/15 | Pending | -- | -- | -- |
| 01/16/2015 01/16/15 | Price Changed | $719,000 | -4.0% | $214 / Sq Ft |
| 11/05/2014 11/05/14 | Price Changed | $749,000 | -5.8% | $223 / Sq Ft |
| 09/18/2014 09/18/14 | Price Changed | $795,000 | -6.5% | $237 / Sq Ft |
| 06/16/2014 06/16/14 | For Sale | $850,000 | -- | $254 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $16,691 | $68,000 | $16,111 | $51,889 |
| 2023 | $12,880 | $68,000 | $16,111 | $51,889 |
| 2022 | $12,880 | $46,218 | $13,632 | $32,586 |
| 2021 | $11,968 | $46,217 | $13,632 | $32,585 |
| 2020 | $11,596 | $46,217 | $13,632 | $32,585 |
| 2019 | $11,982 | $49,365 | $12,392 | $36,973 |
| 2018 | $11,626 | $49,365 | $12,392 | $36,973 |
| 2017 | $13,914 | $60,054 | $12,392 | $47,662 |
| 2016 | $10,754 | $42,848 | $9,914 | $32,934 |
| 2015 | $10,601 | $42,848 | $9,914 | $32,934 |
| 2014 | $10,493 | $42,848 | $9,914 | $32,934 |
| 2013 | $10,601 | $46,085 | $9,914 | $36,171 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Maria Miller
Better Homes & Gardens Real Estate
(708) 357-6226
3 in this area
315 Total Sales
-
Seller's Agent in 2019
Dia Azra
HomeSmart Realty Group
(312) 721-7702
4 in this area
176 Total Sales
-
Seller's Agent in 2015
Chris Pequet
Jameson Sotheby's International Realty
(630) 327-5175
102 Total Sales
-
Seller Co-Listing Agent in 2015
Suzanne Downey
@ Properties
(630) 887-6700
19 Total Sales
-
P
Buyer's Agent in 2015
Patricia Emery
Kagan Real Estate, Inc.
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11781890
APN: 23-29-302-018-0000
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