NOT LISTED FOR SALE

2275 Palmer Ranch Dr New Lenox, IL 60451

Estimated Value: $526,000 - $545,000

4 Beds
3 Baths
2,600 Sq Ft
$206/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $400,000 $154 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,949/month

1 Day on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Bonus Room
  • Nelson Prairie School Rated 9+
  • Main Floor Bedroom
  • Granite Countertops

About This Home

As of April 2021

Location, Location! Here is a chance to own a home "On the Pond!" Desirable Palmer Ranch Subdivision. 4+ bedrooms,2 1/2 baths. Two story with a 3 car garage. Remodeled kitchen with stainless steel appliances, and Granite countertops. A 2 sided floor to ceiling stone fireplace! Extended family room with cathedral ceiling. Large deck for entertaining, and scenic views. Formal dining room. Great for the growing family. Walk to schools and parks. Close to expressways and Metra train, shopping.

Last Agent to Sell the Property

Gary Durish

CRIS REALTY License #475130016 Listed on: 03/10/2021

Last Buyer's Agent

Gregory Wallace

The Wallace Real Estate Group, INC. License #475157231

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,695

Year Built

  • 1999

Lot Details

  • 0.38

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Vaulted Ceiling
  • See Through Fireplace
  • Gas Log Fireplace
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • $6,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,695

Year Built

1999

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, Walk-In Closet(s), Granite Counters, Separate Dining Room
  • Number Of Rooms: 8
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Ceiling Fan
  • Fireplace Details: See through/Multi Sided, Gas Logs, Gas Starter
  • Fireplace Location: Family Room, Kitchen
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X10, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 22X14, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet, Granite Counters
  • Additional Rooms: Bonus
  • Master Bedroom: Dimensions: 18X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Bonus, Dimensions: 15X25, On Level: 2nd Level, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 18X15, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 4: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 2600
  • Dining Room Type: Separate
  • Family Room: Dimensions: 27X18, On Level: Main Level, Flooring: Carpet, Windows: All

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Waterfront: Yes
  • Acreage: 0.38

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Parking Included In Price: Yes
  • 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: 210
  • High School: Lincoln-Way West High School
  • Junior High Dist: 122

Lot Info

  • Lot Dimensions: 75X295X289
  • Parcel Identification Number: 1508322020240000

Tax Info

  • Taxes: 10101.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Apr 21, 2021
Sold by
Ray Steven L and Ray Kimberly A
Bought by
Harris Michael C and Harris Nicole C
Seller's Agent
Gary Durish
CRIS REALTY
Buyer's Agent
Gregory Wallace
The Wallace Real Estate Group, INC.
List Price
$389,900
Sold Price
$400,000
Premium/Discount to List
$10,100
2.59%
Current Estimated Value
$534,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,745
Avg. Annual Appreciation
6.81%
Original Mortgage
$320,000
Outstanding Balance
$293,674
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$239,494

Purchase Details

Closed on
Dec 8, 1998
Sold by
Harris Bank Frankfort
Bought by
Ray Steven L and Ray Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,500
Interest Rate
6.76%

Purchase Details

Closed on
Sep 27, 1996
Sold by
Nlsb
Bought by
Harris Bank Frankfort and Trust #527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
8.14%
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
Harris Michael C $400,000 Citywide Title Corporation
Ray Steven L $227,000 Chicago Title Insurance Co
Harris Bank Frankfort -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Michael C $320,000
Previous Owner Ray Steven L $130,000
Previous Owner Ray Steven L $203,000
Previous Owner Ray Steven L $34,500
Previous Owner Ray Steven L $207,500
Previous Owner Harris Bank Frankfort $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $400,000 +2.6% $154 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $389,900 -2.5% $150 / Sq Ft
03/11/2021 03/11/21 Off Market $400,000 -- --
03/10/2021 03/10/21 For Sale $389,900 -- $150 / 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
2023 $12,695 $149,898 $34,064 $115,834
2022 $11,429 $138,091 $31,381 $106,710
2021 $10,856 $129,870 $29,513 $100,357
2020 $10,551 $125,236 $28,460 $96,776
2019 $10,101 $121,353 $27,578 $93,775
2018 $9,872 $117,170 $26,628 $90,542
2017 $9,383 $113,801 $25,862 $87,939
2016 $9,111 $110,755 $25,170 $85,585
2015 $8,825 $107,269 $24,378 $82,891
2014 $8,825 $105,945 $24,077 $81,868
2013 $8,825 $107,374 $24,402 $82,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11016342

Midwest Real Estate Data (MRED)

APN: 15-08-32-202-024