NOT LISTED FOR SALE

397 Palos Rd Glencoe, IL 60022

Estimated Value: $3,322,667 - $4,438,000

5 Beds
7 Baths
6,542 Sq Ft
$569/Sq Ft Est. Value

About This Home

This home is located at 397 Palos Rd, Glencoe, IL 60022 and is currently estimated at $3,724,556, approximately $569 per square foot. 397 Palos Rd is a home located in Cook County with nearby schools including South Elementary School, Central School, and West School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2022
Sold by
Bakal Scott J and Solomon Beth J
Bought by
Solomon Beth Joy and Solomon Y
Current Estimated Value
$3,978,000

Purchase Details

Closed on
Mar 10, 2022
Sold by
Bakal Scott J and Solomon Beth J
Bought by
Solomon Beth Joy and Solomon Y

Purchase Details

Closed on
Jul 1, 2005
Sold by
Silverstein Michael J and Silverstein Geraldine Moss
Bought by
Bakal Scott J and Solomon Beth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 1, 1996
Sold by
Benecki Stanley W
Bought by
Silverstein Michael J and Silverstein Geraldine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.37%

Purchase Details

Closed on
Aug 3, 1995
Sold by
Caspersen Dorothy J
Bought by
Benecki Stanley W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.51%

Purchase Details

Closed on
Jan 18, 1994
Sold by
Caspersen Frederick W and Caspersen Dorothy J
Bought by
Caspersen Dorothy J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Solomon Beth Joy -- --
Solomon Beth Joy -- --
Bakal Scott J $3,325,000 First American Title
Silverstein Michael J $1,983,000 --
Benecki Stanley W $600,000 Rei Title Guaranty
Caspersen Dorothy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bakal Scott J $1,000,000
Previous Owner Silverstein Michael J $900,000
Previous Owner Benecki Stanley W $480,000
Source: Public Records

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 $72,429 $299,000 $53,020 $245,980
2023 $67,597 $299,000 $53,020 $245,980
2022 $67,597 $299,000 $53,020 $245,980
2021 $56,015 $198,710 $50,610 $148,100
2020 $54,446 $198,710 $50,610 $148,100
2019 $51,993 $213,667 $50,610 $163,057
2018 $57,501 $229,631 $43,380 $186,251
2017 $55,879 $229,631 $43,380 $186,251
2016 $58,119 $253,139 $43,380 $209,759
2015 $57,861 $223,538 $36,752 $186,786
2014 $56,445 $223,538 $36,752 $186,786
2013 $53,827 $223,538 $36,752 $186,786
Source: Public Records

Map

Illinois Cook County Glencoe 60022

397 Palos Rd, Glencoe, IL

Not Listed for Sale

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