Seller's Agent in 2023
Henry Torn
ListWithFreedom.com
(847) 254-8894
2 in this area
404 Total Sales
50 N Palazzo Dr Unit 8503 Addison, IL 60101
Estimated Value: $318,000 - $334,000
2
Beds
4
Baths
1,471
Sq Ft
$220/Sq Ft
Est. Value
Highlights
- Formal Dining Room
- Laundry Room
- Family Room
- 2 Car Attached Garage
- Central Air
- Wood Burning Fireplace
About This Home
As of October 2023Bright and sunny, beautiful End Unit overlook large open field, totally private w great views, enjoy Nature from every window and wrap around porch! Enjoy the open spacious floorplan w generously sized kitchen w ample cabinets and countertops, formal dining room, and Great room w fireplace and lots of windows capturing a lovely view! The Master Bedroom and guest bedroom are on 2nd floor, as well as a convenient 2nd floor laundry. Master Suite has private bath and ample closets. The finished basement has a Family Rm and plenty of space to carve out an office, and ample storage. There is a half bath in the basement also, so that totals 2 full baths and 2 half baths! Also, there is a newer hot water heater, oven/range, microwave, and washer/dryer! The attached 2 car garage is oversized and offers a large storage area also! The location is conveniently located and is close to shopping and super easy access to expressways for commuting! Newer luxury vinyl flooring on first & second floor . Upgraded kitchen sink. You well love to call this your HOME.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,602
Year Built
- Built in 1997
Lot Details
- 10
HOA Fees
- $323 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Brick Exterior Construction
- Shake Roof
Interior Spaces
- 1,471 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- Formal Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Schools
- Army Trail Elementary School
- Indian Trail Junior High School
- Addison Trail High School
Utilities
- Central Air
- Heating Available
Community Details
Overview
- Association fees include exterior maintenance, lawn care
Pet Policy
- Breed Restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2023
Closed on
Sep 28, 2023
Sold by
Bautista Raul O and Bautista Edna A
Bought by
Guevarra Molleth L
Seller's Agent
Henry Torn
ListWithFreedom.com
Buyer's Agent
CJ Rivera-Guevarra
EXIT Strategy Realty
List Price
$318,000
Sold Price
$295,000
Premium/Discount to List
-$23,000
-7.23%
Total Days on Market
50
Views
316
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
$29,132
Avg. Annual Appreciation
7.91%
Original Mortgage
$280,250
Outstanding Balance
$276,631
Interest Rate
7.31%
Estimated Equity
$56,089
Purchase Details
Listed on
Mar 9, 2018
Closed on
Apr 25, 2018
Sold by
Kiep Joseph M and Kiep Sarah H
Bought by
Bautista Raul O and Bautista Edna A
Seller's Agent
Sue Hedlund
RE/MAX Suburban
Buyer's Agent
Sue Hedlund
RE/MAX Suburban
List Price
$217,000
Sold Price
$207,500
Premium/Discount to List
-$9,500
-4.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Purchase Details
Closed on
Sep 12, 2002
Sold by
Grzesik Sarah H and Kiep Joseph M
Bought by
Kiep Joseph M and Kiep Sarah H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 20, 2000
Sold by
Ratkowski Patricia J and Ratkowski Mark R
Bought by
Ratkowski Mark R and Ratkowski Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
11%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 28, 1997
Sold by
Pinnacle Corp
Bought by
Ratkowski Mark R and Ratkowski Patricia J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Guevarra Molleth L | $295,000 | None Listed On Document | |
| Bautista Raul O | -- | Attorney | |
| Kiep Joseph M | -- | Chicago Title Insurance Co | |
| Kiep Joseph M | $210,000 | Prairie Title | |
| Ratkowski Mark R | -- | -- | |
| Ratkowski Mark R | $175,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Guevarra Molleth L | $280,250 | |
| Previous Owner | Kiep Joseph M | $219,000 | |
| Previous Owner | Kiep Joseph M | $42,907 | |
| Previous Owner | Kiep Joseph M | $168,000 | |
| Previous Owner | Ratkowski Paul | $170,000 | |
| Previous Owner | Ratkowski Mark R | $19,600 | |
| Previous Owner | Ratkowski Patricia J | $130,000 | |
| Previous Owner | Ratkowski Mark R | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/02/2023 10/02/23 | Sold | $295,000 | -1.6% | $201 / Sq Ft |
| 08/23/2023 08/23/23 | Pending | -- | -- | -- |
| 08/18/2023 08/18/23 | Price Changed | $299,900 | -3.3% | $204 / Sq Ft |
| 07/15/2023 07/15/23 | Price Changed | $310,000 | -2.5% | $211 / Sq Ft |
| 07/03/2023 07/03/23 | For Sale | $318,000 | +53.3% | $216 / Sq Ft |
| 04/26/2018 04/26/18 | Sold | $207,500 | -4.4% | $141 / Sq Ft |
| 03/25/2018 03/25/18 | Pending | -- | -- | -- |
| 03/09/2018 03/09/18 | For Sale | $217,000 | -- | $148 / 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 | $5,064 | $76,790 | $7,300 | $69,490 |
| 2022 | $4,602 | $68,480 | $6,500 | $61,980 |
| 2021 | $4,402 | $65,600 | $6,230 | $59,370 |
| 2020 | $4,275 | $62,840 | $5,970 | $56,870 |
| 2019 | $4,238 | $60,420 | $5,740 | $54,680 |
| 2018 | $4,089 | $56,370 | $5,740 | $50,630 |
| 2017 | $3,974 | $53,880 | $5,490 | $48,390 |
| 2016 | $3,851 | $49,750 | $5,070 | $44,680 |
| 2015 | $3,735 | $45,950 | $4,680 | $41,270 |
| 2014 | $3,759 | $45,950 | $4,680 | $41,270 |
| 2013 | $3,686 | $46,880 | $4,770 | $42,110 |
Source: Public Records
Agents Affiliated with this Home
-
Henry Torn
-
CJ Rivera-Guevarra
Buyer's Agent in 2023
CJ Rivera-Guevarra
EXIT Strategy Realty
(312) 978-2911
1 in this area
14 Total Sales
-
Sue Hedlund
Seller's Agent in 2018
Sue Hedlund
RE/MAX Suburban
(630) 710-7374
55 Total Sales
Map
Similar Home in Addison, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 11822169
APN: 03-29-216-053
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