NOT LISTED FOR SALE

3148 W Palisades Dr Merrionette Park, IL 60803

Estimated Value: $221,000 - $242,000

3 Beds
1 Bath
1,130 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 24, 2014

Last sale price $118,000 $104 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,608/month

61 Days on Market

Highlights

  • Ranch Style House
  • Detached Garage
  • Forced Air Heating and Cooling System
  • Fenced Yard
  • Breakfast Bar
  • 4-minute walk to Patriot Park

About This Home

As of October 2014

Hard to Find 3Bedroom in this area of Merrionette Park. Beautifully maintained 3 BR Ranch home. Move-in ready. Completely updated, New Laminate flooring-2012, New Windows-2013, New White 6 Panel Int Doors-2012. Spacious kitchen with newer appliances. Oak cabinets and ceramic tile. Fenced-in private back yard. Ready to move into your new home? Come for a look! Sold As Is

Last Agent to Sell the Property

Susan Marek

United Real Estate - Chicago License #475000031 Listed on: 08/05/2014

United Real Estate - Chicago

Last Buyer's Agent

Michelle Harris

Baird & Warner License #471007888

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,024

Year Built

  • 1954

Lot Details

  • 5,009

Parking

  • Detached Garage
  • Garage Door Opener
  • Side Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Laminate Flooring
  • Fenced Yard

Listing and Financial Details

  • $3,540 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,024

Year Built

1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Interior Property Features: Wood Laminate Floors
  • Number Of Rooms: 5
  • Living Room: Dimensions: 13X20, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Attic: Unfinished
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 9X20, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X13, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 9X10, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Estimated Sq Ft: 1130

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1.5
  • Driveway: Asphalt, Side Drive
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 218
  • Junior High Dist: 125

Lot Info

  • Lot Dimensions: 43 X 113 X 42 X 125
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 24243080250000

Tax Info

  • Taxes: 3695

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2014
Closed on
Oct 24, 2014
Sold by
Lynch Patrick T and Iapala Chelsy
Bought by
Vanderham Michael A
Seller's Agent
Susan Marek
United Real Estate - Chicago
Buyer's Agent
Michelle Harris
Baird & Warner
List Price
$129,900
Sold Price
$118,000
Premium/Discount to List
-$11,900
-9.16%
Current Estimated Value
$232,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,572
Avg. Annual Appreciation
6.37%
Original Mortgage
$50,000
Interest Rate
3.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 28, 2012
Closed on
Apr 2, 2012
Sold by
North Star Trust Company
Bought by
Lynch Patrick T
Seller's Agent
Jennifer Sharknas
Coldwell Banker Realty
Buyer's Agent
Susan Marek
United Real Estate - Chicago
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$102,338
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2011
Sold by
Murphy Audree M
Bought by
North Star Trust Company and Trust #11-12428
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
Vanderham Michael A $118,000 Blm Title Services Llc
Lynch Patrick T $105,000 Stewart Title Company
North Star Trust Company -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Vanderham Michael A $50,000
Previous Owner Lynch Patrick T $102,338
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2014 10/24/14 Sold $118,000 -0.8% $104 / Sq Ft
10/04/2014 10/04/14 Pending -- -- --
10/02/2014 10/02/14 Price Changed $118,900 -0.1% $105 / Sq Ft
09/20/2014 09/20/14 Price Changed $119,000 -0.8% $105 / Sq Ft
08/28/2014 08/28/14 Price Changed $120,000 -3.9% $106 / Sq Ft
08/16/2014 08/16/14 Price Changed $124,900 -0.9% $111 / Sq Ft
08/16/2014 08/16/14 Price Changed $126,000 -3.0% $112 / Sq Ft
08/04/2014 08/04/14 For Sale $129,900 +23.7% $115 / Sq Ft
04/06/2012 04/06/12 Sold $105,000 -4.5% $93 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $109,900 -- $97 / 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 $4,024 $17,000 $2,624 $14,376
2023 $3,482 $17,000 $2,624 $14,376
2022 $3,482 $13,323 $2,249 $11,074
2021 $3,348 $13,322 $2,249 $11,073
2020 $3,449 $13,322 $2,249 $11,073
2019 $3,201 $12,724 $1,999 $10,725
2018 $3,022 $12,724 $1,999 $10,725
2017 $3,074 $12,724 $1,999 $10,725
2016 $2,799 $10,376 $1,624 $8,752
2015 $3,592 $10,376 $1,624 $8,752
2014 $3,531 $10,376 $1,624 $8,752
2013 $3,695 $12,458 $1,624 $10,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08692640

Midwest Real Estate Data (MRED)

APN: 24-24-308-025-0000