NOT LISTED FOR SALE

Estimated Value: $832,000 - $929,000

4 Beds
3.5 Baths
4,157 Sq Ft
$212/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $760,000 $183 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,414/month

11 Days on Market

Highlights

  • Water Views
  • Home Theater
  • Mature Trees
  • Palos West Elementary School Rated A
  • Multiple Garages
  • Community Lake

About This Home

As of August 2021

This is the home you've been waiting for, never before on the market. This stately, classic brick Tudor-style home was custom built by the current owner and wonderfully designed by James Tharp. Built with true craftsmanship, high-quality construction, and affixed 16 feet above street level. The home is located in one of the most private, serene settings in Palos Park. An absolutely beautiful 1.3-acre wooded lot that is set on a cul-de-sac backing up to the Forest Preserve and Tampier Lake creating beautiful views from every room of the home. The lush gardens, mature trees, and water views adorn the stately grounds. A chef's kitchen features a sub-zero fridge, commercial-grade Wolf range, granite countertops, travertine backsplash, butcher block island, and breakfast room. Perfect for entertaining, the formal dining and living room leads into a dramatic 2 story family room with an impressive stone fireplace, wood-burning/gas start. The family and living rooms lead out to a large back deck with a gas grill hook up. There is a lovely 12 ft. screened gazebo and paver walkway alongside the home leading back into a convenient mudroom/laundry room with the attached 3 car garage. The primary suite has a generous walk-in closet, a large bathroom with a double bowl sink, a shower room, and a separate tub. A private sitting room and an open loft-both spaces are flexible in use for relaxing or working from home. An additional office upstairs has a generous walk-in closet with a large window. The first-floor den has a wall of built-in bookcases and a wood-burning fireplace. The space is perfect as a library or 5th bedroom for guests unable to use stairs. The first floor has a full bath as well. The 10 foot ceiling basement is perfectly laid out with a game/rec room, a 3rd fireplace, media room, exercise room, and plenty of storage. An optional additional bedroom downstairs provides a flexible floorplan for the buyer: the powder room is plumbed for a full bath expansion. City water and sewer. Additional updates include low E glass Pella windows, new roof 2016, new driveway 2013, central vac system, ecobee smart thermostats, and more. The list of improvements goes on! A must-see home!

Last Agent to Sell the Property

Joelle Cachey Hayes

@properties Christie's International Real Estate License #475135498 Listed on: 06/04/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Rita Neri

RE/MAX Premier License #471014047

RE/MAX Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,683

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 79 x 211 x 298 x 120 x 95 x 196
  • Property is adjacent to nature preserve
  • Cul-De-Sac
  • Mature Trees
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Multiple Garages
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • English Architecture
  • Tudor Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,157 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Low Emissivity Windows
  • Window Treatments
  • Window Screens
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Sitting Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Library with Fireplace
  • Loft
  • Game Room
  • Storage Room
  • Home Gym
  • Wood Flooring
  • Water Views
  • Home Security System

Kitchen

  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Crawl Space
  • Basement Storage

Outdoor Features

  • Screened Deck
  • Gazebo
  • Porch

Location

  • Property is near forest

Schools

  • Palos West Elementary School
  • Palos South Middle School
  • Amos Alonzo Stagg High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Chinquapin Hills Subdivision
  • Community Lake

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,683

Year Built

Built in 1989

Lot Details

1.21 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: English, Tudor
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Chinquapin Hills
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Range Hood
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Walk-In Closet(s), Bookcases
  • LivingArea: 4157
  • Other Equipment: Central Vacuum, Security System, Ceiling Fan(s), Sump Pump
  • Room Type: Den, Foyer, Mud Room, Sitting Room, Walk In Closet, Loft, Game Room, Media Room, Exercise Room, Storage
  • Estimated Total Finished Sq Ft: 6458
  • Basement Description: Finished,Crawl,Rec/Family Area,Storage Space
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Basement,Den/Library
  • Total Sq Ft: 6458
  • Attic: Dormer,Unfinished
  • Window Features: Low Emissivity Windows,Screens,Skylight(s),Window Treatments

Exterior Features

  • ExteriorFeatures: Deck, Porch, Screened Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Cul-De-Sac, Forest Preserve Adjacent, Nature Preserve Adjacent, Water View, Wooded, Mature Trees
  • OtherStructures: Gazebo
  • Waterfront: No
  • Exterior Building Type: Brick,Other

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Horse-Riding Trails, Lake
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Palos West Elementary School
  • High School: Amos Alonzo Stagg High School
  • Middle/Junior School: Palos South Middle School

Lot Info

  • Lot Dimensions: 79 X 211 X 298 X 120 X 95 X 196
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 14683
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 9, 2021
Sold by
Adams Joy E and Adams Joy E
Bought by
Magstadt Michael and Magstadt Erin Marie
Seller's Agent
Joelle Cachey Hayes
@properties Christie's International Real Estate
Buyer's Agent
Rita Neri
RE/MAX Premier
List Price
$749,000
Sold Price
$760,000
Premium/Discount to List
$11,000
1.47%
Current Estimated Value
$882,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,335
Avg. Annual Appreciation
3.37%
Original Mortgage
$660,000
Outstanding Balance
$596,610
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$285,725

Purchase Details

Closed on
Dec 15, 1998
Sold by
Adams Craig
Bought by
Adams Joy E and Joy E Adams Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Magstadt Michael $760,000 First American Title Ins Co
Adams Joy E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magstadt Michael $660,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $760,000 +1.5% $183 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $749,000 -- $180 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 -- $60,414 $17,073 $43,341
2024 -- $60,414 $17,073 $43,341
2023 -- $67,859 $17,073 $50,786
2022 $0 $56,443 $14,447 $41,996
2021 $9,577 $56,441 $14,446 $41,995
2020 $14,346 $56,441 $14,446 $41,995
2019 $14,684 $59,724 $13,133 $46,591
2018 $14,248 $59,724 $13,133 $46,591
2017 $13,833 $59,724 $13,133 $46,591
2016 $11,361 $45,127 $10,506 $34,621
2015 $14,297 $56,874 $10,506 $46,368
2014 $14,147 $56,874 $10,506 $46,368
2013 $13,892 $59,575 $10,506 $49,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11110627

Midwest Real Estate Data (MRED)

APN: 23-30-407-011-0000

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