NOT LISTED FOR SALE

1501 Alima Terrace La Grange Park, IL 60526

Estimated Value: $277,000 - $344,841

3 Beds
1.5 Baths
1,008 Sq Ft
$310/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $208,000 $206 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,270/month

14 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Combination Dining and Living Room
  • S. E. Gross Middle School Rated A-
  • Central Air
  • 3-minute walk to William G. Yena Park

About This Home

As of September 2021

Nice, corner lot in desirable location in La Grange Park. Super close to two parks and the forest preserve with extensive bike paths. House needs renovation but everything is functional. Roof, furnace, water tank, and windows are all in good shape. No basement, on slab. Cash offers preferred but conventional is ok too. No FHA loans. Third bedroom was used as family room.

Last Agent to Sell the Property

Eric Strung

Spartan Residential License #471000592 Listed on: 07/28/2021

Last Buyer's Agent

Jack Kosycarz

Clickinvest Inc. License #471012705

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,515

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 49 x 133

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Schools

  • Riverside Brookfield Twp Senior High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,515

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1952
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1008
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Pull Down Stair
  • Bedroom 2 Flooring: Carpet
  • Dining Room Flooring: Carpet
  • Kitchen Flooring: Vinyl
  • Kitchen: Eating Area-Table Space
  • Living Room Flooring: Carpet
  • MRD_MBB: None
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Dimensions: 13X12
  • Bedroom 3 Flooring: Carpet
  • Laundry Flooring: Vinyl
  • Living Room Windows: Curtains/Drapes
  • Master Bedroom Windows: Curtains/Drapes
  • Bedroom 3 Window: Curtains/Drapes

Exterior Features

  • DirectionFaces: South
  • List Price: 219900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Kitchen
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Riverside Brookfield Twp Senior
  • Middle/Junior School District: 95

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 49 X 133
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3514.6
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Aug 19, 2021
Sold by
Spartan Exchange Llc
Bought by
R55 Properties Llc
Seller's Agent
Eric Strung
Spartan Residential
Buyer's Agent
Jack Kosycarz
Clickinvest Inc.
List Price
$219,900
Sold Price
$208,000
Premium/Discount to List
-$11,900
-5.41%
Current Estimated Value
$312,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,710
Avg. Annual Appreciation
9.29%
Original Mortgage
$234,499
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2021
Sold by
First Midwest Bank
Bought by
Spartan Exchange Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,499
Interest Rate
2.8%
Mortgage Type
Commercial
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
R55 Properties Llc $208,000 First American Title
Spartan Exchange Llc $175,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R55 Properties Llc $255,000
Previous Owner R55 Properties Llc $234,499
Previous Owner Marino Dolores M $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $208,000 -5.4% $206 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $219,900 -- $218 / 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 $6,956 $21,534 $4,600 $16,934
2023 $7,856 $21,534 $4,600 $16,934
2022 $7,856 $20,801 $3,943 $16,858
2021 $3,545 $23,098 $3,943 $19,155
2020 $3,215 $23,098 $3,943 $19,155
2019 $3,515 $22,510 $3,614 $18,896
2018 $3,451 $22,510 $3,614 $18,896
2017 $3,167 $22,510 $3,614 $18,896
2016 $4,354 $17,652 $3,286 $14,366
2015 $4,328 $17,652 $3,286 $14,366
2014 $4,297 $17,652 $3,286 $14,366
2013 $4,421 $18,964 $3,286 $15,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11157433

Midwest Real Estate Data (MRED)

APN: 15-27-307-012-0000