NOT LISTED FOR SALE

12634 S London Ln Unit 3 Palos Heights, IL 60463

Ishnala Neighborhood

Estimated Value: $279,000 - $296,000

3 Beds
2 Baths
2,400 Sq Ft
$407/mo HOA Fee

Last Sold February 15, 2024

Last sale price $261,000 $109 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,355/month

Highlights

  • Bonus Room
  • 2 Car Attached Garage
  • Dogs and Cats Allowed
  • Palos East Elementary School Rated A
  • Forced Air Zoned Heating and Cooling System

About This Home

As of February 2024

Exceptional, rare to find, 2400 sq. ft. spacious condo covers entire 2nd floor of building. Well maintained 3-bedroom, 2-bathroom condo located in highly desirable Somerset Condominiums. Featuring multiple closets for storage, an extra room that could be used for an office or storage, two private balconies providing the perfect spot for morning coffee or evening relaxation and a two-car attached garage! You'll have the entire floor to yourself, offering an unparalleled level of privacy and exclusivity. This condo is perfect for someone ready to create the home of their dreams, in a highly sought after location. Situated in top rated school districts 118 and 230, the schools are just minutes away. Plus within close proximity to the Metra, parks, Northwestern Hospital, dining, shopping and more!

Last Agent to Sell the Property

Jennifer Cashman

@properties Christie's International Real Estate License #475185566 Listed on: 01/22/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Lois Murphy

Baird & Warner License #475176790

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,339

Year Built

  • Built in 1974

Lot Details

  • 3.52

HOA Fees

  • $407 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Bonus Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Palos East Elementary School
  • Palos South Middle School
  • Amos Alonzo Stagg High School

Utilities

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

Community Details

Overview

  • Association fees include parking, insurance, exterior maintenance, lawn care, snow removal
  • 3 Units
  • Carrie Association, Phone Number (708) 429-0004
  • Low-Rise Condominium
  • Property managed by Weaver

Amenities

  • Common Area

Pet Policy

  • Pets up to 50 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,339

Year Built

Built in 1974

Lot Details

0

HOA Fees

$407 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Low Rise (1-3 Stories)
  • Year Built: 1974
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 2400
  • Room Type: Bonus Room
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • List Price: 260000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Zoned
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 407
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Weaver
  • Management Contact Name: Carrie
  • Management Phone: 708-429-0004
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Parking, Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Palos East Elementary School
  • High School: Amos Alonzo Stagg High School
  • Middle/Junior School: Palos South Middle School
  • Middle/Junior School District: 118

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 3339.31
  • Tax Year: 2022

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Feb 15, 2024
Sold by
Carolyn E Higgins Living Trust
Bought by
Cunningham Edward
Seller's Agent
Jennifer Cashman
@properties Christie's International Real Estate
Buyer's Agent
Lois Murphy
Baird & Warner
List Price
$260,000
Sold Price
$261,000
Premium/Discount to List
$1,000
0.38%
Views
798
Current Estimated Value
$285,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,566
Avg. Annual Appreciation
7.03%
Original Mortgage
$234,900
Outstanding Balance
$231,820
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$58,147

Purchase Details

Closed on
Sep 23, 2009
Sold by
The Privatebank & Trust Company
Bought by
Higgins Carolyn and Carolyn E Higgins Living 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
Cunningham Edward $261,000 None Listed On Document
Higgins Carolyn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunningham Edward $234,900
Previous Owner Founders Bank $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $261,000 +0.4% $109 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $260,000 -- $108 / 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 $4,740 $22,997 $3,923 $19,074
2023 $3,339 $22,997 $3,923 $19,074
2022 $3,339 $15,974 $3,923 $12,051
2021 $2,665 $15,974 $3,923 $12,051
2020 $2,388 $15,974 $3,923 $12,051
2019 $5,231 $17,761 $3,609 $14,152
2018 $5,060 $17,761 $3,609 $14,152
2017 $3,214 $17,761 $3,609 $14,152
2016 $5,637 $19,021 $3,138 $15,883
2015 $3,415 $19,021 $3,138 $15,883
2014 $3,263 $19,021 $3,138 $15,883
2013 $3,114 $19,431 $3,138 $16,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11965688

Midwest Real Estate Data (MRED)

APN: 23-25-300-119-1023