NOT LISTED FOR SALE

7019 Palma Ln Morton Grove, IL 60053

Estimated Value: $346,000 - $485,000

4 Beds
2 Baths
1,738 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 04, 2019

Last sale price $240,000 $138 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,012/month

12 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Burning Stove
  • Main Floor Bedroom
  • Hynes Elementary School Rated A
  • Wood Flooring
  • Detached Garage

About This Home

As of June 2019

Great starter home with 4 bedrooms & 2 full baths , garage and good sized fenced yard accessed through family room with wood burning stove, beamed ceiling, and hardwood floors. This home is in a great area of Morton Grove in a neighborhood with many new homes.

Last Agent to Sell the Property

Jill Schauwecker

Berkshire Hathaway HomeServices Chicago License #475124611 Listed on: 04/06/2019

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Katina Kalos

Hometown Real Estate Group LLC License #475123688

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,520

Year Built

  • 1953

Lot Details

  • Landscaped Professionally

Parking

  • Detached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • Wood Burning Stove
  • Includes Fireplace Accessories
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,520

Year Built

1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1953
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 23X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Wood Burning Stove, Includes Accessories
  • Attic: Dormer, Unfinished
  • Fireplace Location: Family Room
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 4X6, On Level: Main Level, Windows: None
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 17X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 4: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet, Windows: Shades
  • Estimated Sq Ft: 1738
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.1761

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1738

Schools

  • School District: 219
  • Junior High Dist: 67

Lot Info

  • Lot Dimensions: 119X66
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 10181110440000

Tax Info

  • Taxes: 7117.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2019
Closed on
May 23, 2019
Sold by
Emry Zarah and Emry Ryan
Bought by
Ruby Katherine M and Hayes Cary J
Seller's Agent
Jill Schauwecker
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Katina Kalos
Hometown Real Estate Group LLC
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%
Current Estimated Value
$405,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,233
Avg. Annual Appreciation
8.86%
Original Mortgage
$192,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Brav Miriam and Emry Zarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2011
Sold by
Jeong Shin Ja
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 15, 2003
Sold by
Abt Frank C
Bought by
Jeong Shin Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.33%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 13, 1996
Sold by
Marsh Steven D and Marsh Diane
Bought by
Abt Frank C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.29%
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
Ruby Katherine M $240,000 Chicago Title
Brav Miriam $192,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Jeong Shin Ja $305,000 Burnet Title Llc
Abt Frank C $187,500 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruby Katherine M $150,000
Closed Ruby Katherine M $192,000
Previous Owner Brav Miriam $144,000
Previous Owner Jeong Shin Ja $155,000
Previous Owner Jeong Shin Ja $150,000
Previous Owner Jeong Shin Ja $100,000
Previous Owner Jeong Shin Ja $60,000
Previous Owner Jeong Shin Ja $239,000
Previous Owner Jeong Shin Ja $244,000
Previous Owner Abt Frank C $150,000
Previous Owner Art Frank C $55,500
Previous Owner Abt Frank C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2019 06/04/19 Sold $240,000 -3.6% $138 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $249,000 0.0% $143 / Sq Ft
04/08/2019 04/08/19 For Sale $249,000 +3.8% $143 / Sq Ft
04/07/2019 04/07/19 Off Market $240,000 -- --
04/07/2019 04/07/19 Pending -- -- --
04/06/2019 04/06/19 For Sale $249,000 -- $143 / 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 $9,520 $35,000 $9,971 $25,029
2023 $9,096 $35,000 $9,971 $25,029
2022 $9,096 $35,000 $9,971 $25,029
2021 $7,992 $26,990 $6,136 $20,854
2020 $7,849 $26,990 $6,136 $20,854
2019 $7,027 $30,326 $6,136 $24,190
2018 $7,073 $27,754 $5,560 $22,194
2017 $7,117 $27,754 $5,560 $22,194
2016 $6,974 $27,754 $5,560 $22,194
2015 $7,666 $27,946 $4,793 $23,153
2014 $8,255 $30,371 $4,793 $25,578
2013 $8,096 $30,371 $4,793 $25,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10334285

Midwest Real Estate Data (MRED)

APN: 10-18-111-044-0000