Seller's Agent in 2022
Mark Bystrowicz
RE/MAX
(773) 418-0955
10 in this area
73 Total Sales
7251 W Palatine Ave Chicago, IL 60631
Norwood Park NeighborhoodEstimated Value: $810,000 - $1,229,943
5
Beds
4.5
Baths
4,000
Sq Ft
$246/Sq Ft
Est. Value
Highlights
- New Construction
- Landscaped Professionally
- Recreation Room
- Taft High School Rated A-
- Family Room with Fireplace
- Double Shower
About This Home
As of December 2022Norwood/Edison Park, quality new construction on oversized 34 ft lot, 4,000 sq ft home (including finished lower level) with 4 bdrms, 3 baths up. Contemporary finishes with amazing attention to detail by experienced builder. Hardwood floors throughout, entertainment-sized kitchen with white maple shaker cabinets, quartz countertops, Bosch stainless appliances. Timeless details; extensive trim work, crown moldings, coffered ceiling, 2 gas fireplaces. Master suite features walk-in closet, double vanity, soaking tub, separate shower with bench and heated floor. Finished lower level will have recreation room with wet bar, home office, playroom or home gym, guest suite and second laundry room. Audio wiring with surround and speakers included. Ground level mud room, private backyard with stamped concrete patio and outdoor fireplace. 3 car garage!!! ***Edison Regional Gifted is your school*** Interior pictures are from the builder's previous project.
Last Agent to Sell the Property
RE/MAX City License #475101812 Listed on: 10/13/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,588
Year Built
- Built in 2022 | New Construction
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 34 x 129
- Fenced Yard
- Landscaped Professionally
Parking
- 3 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,000 Sq Ft Home
- 2-Story Property
- Wet Bar
- Vaulted Ceiling
- Gas Log Fireplace
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Combination Dining and Living Room
- Home Office
- Recreation Room
- Play Room
Kitchen
- Double Oven
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Dual Sinks
- Soaking Tub
- Double Shower
Laundry
- Laundry Room
- Laundry in multiple locations
- Sink Near Laundry
Finished Basement
- English Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Finished Basement Bathroom
Outdoor Features
- Brick Porch or Patio
Schools
- Edison Park Elementary School
- Taft High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Two Heating Systems
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2022
Closed on
Dec 27, 2022
Sold by
Ep Palatime Inc
Bought by
Nichols George Joseph
Seller's Agent
Mark Bystrowicz
RE/MAX City
Buyer's Agent
Christopher Engelmann
Keller Williams ONEChicago
List Price
$1,049,000
Sold Price
$995,000
Premium/Discount to List
-$54,000
-5.15%
Views
24
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
-$12,014
Avg. Annual Appreciation
-0.44%
Original Mortgage
$935,180
Outstanding Balance
$909,832
Interest Rate
7.13%
Mortgage Type
VA
Estimated Equity
$73,154
Purchase Details
Listed on
Nov 29, 2021
Closed on
Dec 21, 2021
Sold by
Anikowiak Steven and Langley Cindy
Bought by
Ep Palatino Inc and Eleanor F Andcowiek Declaration Of Trust
Seller's Agent
Jose Ayala
Luna Realty Group
Buyer's Agent
Mark Bystrowicz
RE/MAX City
List Price
$290,000
Sold Price
$306,000
Premium/Discount to List
$16,000
5.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
221.39%
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 |
|---|---|---|---|
| Nichols George Joseph | $995,000 | None Listed On Document | |
| Nichols George Joseph | $995,000 | -- | |
| Ep Palatino Inc | $306,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nichols George Joseph | $935,180 | |
| Closed | Nichols George Joseph | $935,180 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2022 12/27/22 | Sold | $995,000 | -5.1% | $249 / Sq Ft |
| 10/26/2022 10/26/22 | Pending | -- | -- | -- |
| 10/13/2022 10/13/22 | For Sale | $1,049,000 | +242.8% | $262 / Sq Ft |
| 12/22/2021 12/22/21 | Sold | $306,000 | +5.5% | $215 / Sq Ft |
| 12/07/2021 12/07/21 | Pending | -- | -- | -- |
| 11/29/2021 11/29/21 | For Sale | $290,000 | -- | $204 / 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 | $21,099 | $94,000 | $11,050 | $82,950 |
| 2023 | $4,509 | $100,000 | $8,840 | $91,160 |
| 2022 | $4,509 | $21,920 | $8,840 | $13,080 |
| 2021 | $7,038 | $35,000 | $8,840 | $26,160 |
| 2020 | $6,588 | $29,575 | $5,525 | $24,050 |
| 2019 | $6,530 | $32,501 | $5,525 | $26,976 |
| 2018 | $6,420 | $32,501 | $5,525 | $26,976 |
| 2017 | $5,961 | $27,690 | $4,862 | $22,828 |
| 2016 | $5,546 | $27,690 | $4,862 | $22,828 |
| 2015 | $5,341 | $29,148 | $4,862 | $24,286 |
| 2014 | $4,476 | $24,122 | $4,420 | $19,702 |
| 2013 | $4,387 | $24,122 | $4,420 | $19,702 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Bystrowicz
-
Christopher Engelmann
Buyer's Agent in 2022
Christopher Engelmann
Keller Williams ONEChicago
(312) 533-6523
2 in this area
219 Total Sales
-
Jose Ayala
Seller's Agent in 2021
Jose Ayala
Luna Realty Group
(773) 744-1807
2 in this area
63 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11651923
APN: 12-01-210-069-0000
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