NOT LISTED FOR SALE

Estimated Value: $92,451 - $265,000

0.47 Acre
$380,268 Price per Acre
20,473 Sq Ft Lot

Last Sold July 31, 2024

Last sale price $90,000

Est. 99% increase in value since last sale

Current estimated payment $1,278/month

5 Days on Market

About This Lot

As of July 2024

Can't find your dream home, then build it! Don't miss this wooded half acre lot in prime unincorporated Palos Park location! Situated on a desirable corner lot in a quiet cul-de-sac with other custom built homes yet close to shopping, dining, parks, and award winning 118 and 230 schools. Stop dreaming and start building! A preferred lender offers a reduced interest rate for this listing.

Last Agent to Sell the Property

Melissa Kingsbury

Redfin Corporation License #475177202 Listed on: 06/20/2024

Redfin Corporation

Last Buyer's Agent

Vuong Van

Landmark Realtors License #475161350

Landmark Realtors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,809

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 125 x 164
  • Property is zoned SINGL

Schools

  • Palos West Elementary School
  • Palos South Middle School
  • Carl Sandburg High School

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$1,809

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 125
  • Frontage Type: City Street
  • List Price: 90000
  • Waterfront: No

Utilities

  • Utilities: Electric Nearby, Gas Nearby, Sanitary Sewer, Water-Municipal

Schools

  • Elementary School: Palos West Elementary School
  • High School: Carl Sandburg High School
  • Middle/Junior School: Palos South Middle School
  • Middle/Junior School District: 118

Lot Info

  • Lot Size Acres: 0.47
  • Lot Dimensions: 125 X 164
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1808.92
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 31, 2024
Sold by
Aqrab Musa
Bought by
Nguyen Thuy and Hoang Hai
Seller's Agent
Melissa Kingsbury
Redfin Corporation
Buyer's Agent
Vuong Van
Landmark Realtors
List Price
$90,000
Sold Price
$90,000
Views
4
Current Estimated Value
$178,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,726
Avg. Annual Appreciation
86.58%

Purchase Details

Listed on
Jan 2, 2015
Closed on
Jan 6, 2017
Sold by
Shere Joann M
Bought by
Aqrab Musa
Seller's Agent
Steve Harris
RE/MAX 1st Service
Buyer's Agent
Steve Harris
RE/MAX 1st Service
List Price
$99,000
Sold Price
$31,000
Premium/Discount to List
-$68,000
-68.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%

Purchase Details

Closed on
Mar 20, 2014
Sold by
Shere Neil and Shere Joann
Bought by
Shere Joann M and Revocable Living Trust Of Joann M Shere

Purchase Details

Closed on
Sep 2, 2008
Sold by
National City Bank
Bought by
Shere Neil and Shere Joann

Purchase Details

Closed on
Dec 3, 2007
Sold by
Samara
Bought by
National City Bank

Purchase Details

Closed on
Apr 26, 2006
Sold by
Kumorowicz Jan and Kumorowicz Krystyna
Bought by
Samora Reyad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.39%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nguyen Thuy $90,000 American Land Title
Aqrab Musa $31,000 None Available
Shere Joann M -- First American Title Ins Co
Shere Neil $155,000 First American Title
National City Bank -- None Available
Samora Reyad $217,000 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Samora Reyad $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $90,000 0.0% --
06/26/2024 06/26/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $90,000 +190.3% --
01/06/2017 01/06/17 Sold $31,000 -68.7% --
12/13/2016 12/13/16 Pending -- -- --
01/02/2015 01/02/15 For Sale $99,000 -- --
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 $3,728 $16,277 $16,277 --
2023 $1,951 $16,277 $16,277 --
2022 $1,951 $6,826 $6,826 $0
2021 $1,809 $6,825 $6,825 $0
2020 $1,744 $6,825 $6,825 $0
2019 $1,563 $6,300 $6,300 $0
2018 $1,518 $6,300 $6,300 $0
2017 $1,473 $6,300 $6,300 $0
2016 $1,334 $5,250 $5,250 $0
2015 $1,319 $5,250 $5,250 $0
2014 $1,305 $5,250 $5,250 $0
2013 $1,224 $5,250 $5,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12089443

Midwest Real Estate Data (MRED)

APN: 23-35-300-036-0000