$53,300
SOLD DEC 14, 2015

14718 S Palmer Ave Posen, IL 60469

3 Beds
2 Baths
1,062 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

12% Above List Price

9 Days on Market

Highlights

  • Recreation Room
  • Main Floor Bedroom
  • Breakfast Bar
  • Wood Flooring
  • Detached Garage
  • Bungalow

About This Home

As of August 2016

CONTRACT SIGNED WAITING FOR EM, NO MORE SHOWINGS. SOLID ALL BRICK BUNGALOW WITH A 2 CAR DETACHED GARAGE. THIS HOME HAS A GREAT DEAL OF POTENTIAL. DO A LITTLE & SAVE A LOT...ORIGINAL OWNERS/FAMILY BUILT THIS HOME...THE HOUSE NEEDS UPDATING--GREAT REHAB PROJECT. THREE BEDROOM BUNGALOW WITH A FULL FINISHED BASEMENT...NEEDS A NEW ROOF, PLUS UPDATE KITCHEN, BATHS AND WINDOWS. ESTATE SALE PLUS A SHORT SALE--BANK APPROVAL REQUIRED. SOLD AS IS AND INCLUDE AS IS RIDER WITH OFFER. GREAT REHAB OPPORTUNITY!!

Last Agent to Sell the Property

Michael McGuire

McGuire Realty LLC License #471009191 Listed on: 07/27/2015

Last Buyer's Agent

Bruce La Ha

RE/MAX 10 License #475102758

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,512

Year Built

  • 1958

Lot Details

  • East or West Exposure

Parking

  • Detached Garage
  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Main Floor Bedroom
  • Recreation Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,512

Year Built

1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bungalow
  • Type Detached: 1 Story
  • Estimated Year Built: 1958
  • Tax Exemptions: Homeowner
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 7
  • Living Room: Dimensions: 17X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Refrigerator
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 18X13, On Level: Main Level, Flooring: Vinyl, Windows: All
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Recreation Rm, Dimensions: 16X13, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Family Room: Dimensions: 24X12, On Level: Basement, Flooring: Carpet, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: E (East), W (West)

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage, Space/s
  • Parking Details: Off Street, Driveway
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 228
  • Junior High Dist: 143.5

Lot Info

  • Lot Dimensions: 55 X 130
  • Parcel Identification Number: 28124390130000

Tax Info

  • Taxes: 3,128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Aug 8, 2016
Sold by
Rice Gary
Bought by
Blackhawk Esteban
Seller's Agent
Bruce La Ha
RE/MAX 10
Buyer's Agent
Danny Dragic
Dragic Realty
List Price
$115,000
Sold Price
$115,000
Total Days on Market
9
Current Estimated Value
$203,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,422
Avg. Annual Appreciation
6.07%
Original Mortgage
$108,516
Outstanding Balance
$87,450
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$108,783

Purchase Details

Listed on
Jul 27, 2015
Closed on
Dec 1, 2015
Sold by
Chicago Title Land Trust Company
Bought by
Rice Gary
Seller's Agent
Michael McGuire
McGuire Realty LLC
Buyer's Agent
Bruce La Ha
RE/MAX 10
List Price
$47,500
Sold Price
$53,300
Premium/Discount to List
$5,800
12.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
226.44%
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 Type Sale Price Title Company
Warranty Deed $115,000 Chicago Title
Deed $53,500 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,000 New Conventional
Open $108,516 FHA
Previous Owner $100,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2016 08/08/16 Sold $115,000 0.0% $108 / Sq Ft
06/25/2016 06/25/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $115,000 +115.8% $108 / Sq Ft
12/14/2015 12/14/15 Sold $53,300 +12.2% $50 / Sq Ft
08/05/2015 08/05/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $47,500 -- $45 / 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 $3,512 $14,000 $2,275 $11,725
2023 $3,564 $14,000 $2,275 $11,725
2022 $3,564 $11,986 $1,950 $10,036
2021 $3,521 $11,986 $1,950 $10,036
2020 $4,688 $11,986 $1,950 $10,036
2019 $4,196 $10,881 $1,787 $9,094
2018 $4,129 $10,881 $1,787 $9,094
2017 $4,211 $10,881 $1,787 $9,094
2016 $3,061 $10,377 $1,625 $8,752
2015 $2,948 $10,377 $1,625 $8,752
2014 $2,935 $10,377 $1,625 $8,752
2013 $3,128 $11,931 $1,625 $10,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08995241

Midwest Real Estate Data (MRED)

APN: 28-12-439-013-0000