408 E Palmer Ave Addison, IL 60101
Estimated Value: $323,000 - $332,000
4
Beds
2
Baths
1,075
Sq Ft
$304/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Detached Garage
- Forced Air Heating and Cooling System
- Screened Porch
- Breakfast Bar
- Southern Exposure
About This Home
As of August 2020CHARMING 3 BEDROOM RANCH LOCATED IN THE HIGHLY DESIRABLE ADDISON. THIS NEWLY REMODELED HOME FEATURES NEW FLOORS, FRESHLY PAINTED, UPDATED FULL BATHROOMS, UPDATED KITCHEN WITH GRANITE COUNTER TOPS, AND STAINLESS STEEL APPLIANCES. ADDITIONAL SPACIOUS SUN ROOM. FINISHED BASEMENT WITH 4TH BEDROOM AND FULL BATH. PRIDE OF OWNER SHIP SHOW IN THIS WELL MAINTAINED HOME, READY TO MOVE IN!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,259
Year Built
- 1956
Lot Details
- 6,970
Parking
- Detached Garage
- Garage Transmitter
- Garage Door Opener
- Garage Is Owned
Home Design
- Ranch Style House
- Brick Exterior Construction
- Frame Construction
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
Additional Features
- Screened Porch
- Southern Exposure
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 22, 2020
Closed on
Aug 18, 2020
Sold by
Espinoza Amalia
Bought by
Gutierrez Melissa
Seller's Agent
Oralia Herrera
Century 21 TK Realty
Buyer's Agent
Saul Gutierrez
MVG Real Estate Inc
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Total Days on Market
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,515
Avg. Annual Appreciation
5.38%
Original Mortgage
$196,000
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 9, 2013
Sold by
Bautista Hugo
Bought by
Espinoza Amalia
Purchase Details
Closed on
Jun 4, 2010
Sold by
Oxford Bank & Trust
Bought by
Espinoza Amalia and Bautista Hugo J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,575
Interest Rate
5.5%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 13, 1999
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Oxford Bank & Trust and Trust #768
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gutierrez Melissa | $245,000 | First American Title | |
| Espinoza Amalia | -- | None Available | |
| Espinoza Amalia | $175,000 | Pntn | |
| Oxford Bank & Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gutierrez Melissa | $196,000 | |
| Previous Owner | Espinoza Amalia | $49,505 | |
| Previous Owner | Espinoza Amalia | $172,575 | |
| Previous Owner | Oxford Bank & Trust | $25,000 | |
| Previous Owner | American National Bk & Tr Co Of Chicago | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2020 08/24/20 | Sold | $245,000 | -2.0% | $228 / Sq Ft |
| 06/23/2020 06/23/20 | Pending | -- | -- | -- |
| 06/22/2020 06/22/20 | For Sale | $249,900 | -- | $232 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,259 | $79,440 | $34,520 | $44,920 |
| 2022 | $5,034 | $74,350 | $32,220 | $42,130 |
| 2021 | $4,816 | $71,210 | $30,860 | $40,350 |
| 2020 | $4,679 | $68,210 | $29,560 | $38,650 |
| 2019 | $4,639 | $65,580 | $28,420 | $37,160 |
| 2018 | $4,580 | $62,420 | $27,050 | $35,370 |
| 2017 | $4,453 | $59,650 | $25,850 | $33,800 |
| 2016 | $4,320 | $55,080 | $23,870 | $31,210 |
| 2015 | $4,195 | $50,880 | $22,050 | $28,830 |
| 2014 | $4,048 | $49,020 | $20,210 | $28,810 |
| 2013 | $3,970 | $50,020 | $20,620 | $29,400 |
Source: Public Records
Agents Affiliated with this Home
-
Oralia Herrera
Seller's Agent in 2020
Oralia Herrera
Century 21 TK Realty
(630) 816-8059
37 in this area
157 Total Sales
-
Saul Gutierrez
Buyer's Agent in 2020
Saul Gutierrez
MVG Real Estate Inc
(312) 852-3181
33 in this area
142 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10757094
APN: 03-28-421-017
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