Seller's Agent in 2024
Marla Schneider
Coldwell Banker Realty
(847) 682-9750
7 in this area
285 Total Sales
7039 Palma Ln Morton Grove, IL 60053
Estimated Value: $384,000 - $407,000
4
Beds
2
Baths
1,554
Sq Ft
$255/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Wood Flooring
- Home Office
- Hynes Elementary School Rated A
- Main Floor Bedroom
- 2 Car Detached Garage
About This Home
As of September 2024Welcome to 7039 Palma Ln, Morton Grove! This charming 4-bedroom, 2-bath Cape Cod style home offers a perfect blend of comfort and convenience. As you enter, you'll be greeted by a spacious living room featuring hardwood flooring and a large 3-panel window that fills the room with natural light and offers a lovely view of the front yard. The main level also includes a well-appointed kitchen with ample oak cabinetry, and stainless steel oven/range, dishwasher, and microwave. The kitchen provides easy access to the backyard and the 2-car detached garage. Additionally, you'll find two generously sized bedrooms and a full hall bath on this level, making it perfect for one-level living. Upstairs, the second level features two more bedrooms with cozy carpeting, a full bathroom with a stand-up shower, and a versatile bonus room that can be used as an office, playroom, or additional living space. Situated in a prime location, this home is within close distance to the train station, shopping centers, National Park, and North Branch Trail, offering endless opportunities for outdoor recreation. With great schools and easy access to highways, 7039 Palma Ln is the perfect place to call home. Don't miss out on this wonderful opportunity! Schedule your showing today!
Last Agent to Sell the Property
Coldwell Banker Realty License #475127366 Listed on: 07/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,687
Year Built
- Built in 1952
Lot Details
- 6,316 Sq Ft Lot
- Lot Dimensions are 115.6 x 54.7 x 115.5 x 54.7
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Cape Cod Architecture
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,554 Sq Ft Home
- 2-Story Property
- Home Office
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Hynes Elementary School
- Golf Middle School
- Niles North High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2024
Closed on
Aug 27, 2024
Sold by
Stuiber Francis B
Bought by
Nguyen Tiffany
Seller's Agent
Marla Schneider
Coldwell Banker Realty
Buyer's Agent
Halina Brzezinska
Chicagoland Brokers, Inc.
List Price
$379,900
Sold Price
$355,000
Premium/Discount to List
-$24,900
-6.55%
Views
55
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
$40,944
Avg. Annual Appreciation
10.85%
Original Mortgage
$225,000
Outstanding Balance
$215,449
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$180,495
Purchase Details
Closed on
May 22, 1998
Sold by
Stuiber Larry A and Stuiber Francis B
Bought by
Stuiber Francis R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.27%
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 |
|---|---|---|---|
| Nguyen Tiffany | $355,000 | Chicago Title | |
| Nguyen Tiffany | $355,000 | Chicago Title | |
| Stuiber Francis R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nguyen Tiffany | $225,000 | |
| Closed | Nguyen Tiffany | $225,000 | |
| Previous Owner | Stuiber Francis R | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2024 09/12/24 | Sold | $355,000 | -6.6% | $228 / Sq Ft |
| 08/11/2024 08/11/24 | Pending | -- | -- | -- |
| 07/24/2024 07/24/24 | For Sale | $379,900 | -- | $244 / 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 |
|---|---|---|---|---|
| 2024 | $7,316 | $30,214 | $8,223 | $21,991 |
| 2023 | $7,687 | $30,214 | $8,223 | $21,991 |
| 2022 | $7,687 | $33,001 | $8,223 | $24,778 |
| 2021 | $6,241 | $24,405 | $5,060 | $19,345 |
| 2020 | $6,195 | $24,405 | $5,060 | $19,345 |
| 2019 | $6,268 | $27,422 | $5,060 | $22,362 |
| 2018 | $6,174 | $24,663 | $4,585 | $20,078 |
| 2017 | $6,615 | $26,034 | $4,585 | $21,449 |
| 2016 | $6,499 | $26,034 | $4,585 | $21,449 |
| 2015 | $6,030 | $22,541 | $3,953 | $18,588 |
| 2014 | $6,567 | $24,684 | $3,953 | $20,731 |
| 2013 | $7,123 | $27,040 | $3,953 | $23,087 |
Source: Public Records
Agents Affiliated with this Home
-
Marla Schneider
-
Matthew Schneider
Seller Co-Listing Agent in 2024
Matthew Schneider
Coldwell Banker Realty
(847) 347-6288
6 in this area
145 Total Sales
-
Halina Brzezinska
Buyer's Agent in 2024
Halina Brzezinska
Chicagoland Brokers, Inc.
(312) 305-5500
2 in this area
37 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12119923
APN: 10-18-111-040-0000
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