$460,000
SOLD MAY 12, 2025

7316 Palma Ln Morton Grove, IL 60053

3 Beds
2 Baths
1,606 Sq Ft
7,187 Sq Ft Lot

Recently Sold

$286 Per Sq Ft

2% Above List Price

31 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Whirlpool Bathtub
  • Maine East High School Rated A
  • Wood Flooring
  • 3-minute walk to Shermer Park

About This Home

As of May 2025

Sprawling, tastefully remodeled modern ranch with substantial addition. Ideal, one-level living. Open floor plan with living, dining, and kitchen forming one massive, great room. Great for entertaining. Stunning kitchen with 42" cabinets, granite counters, stainless steel appliances, and peninsula flows out to fenced-in backyard. 3 Bedrooms including a master suite with private bath with lux tub and separate shower and new hall bath (2021). 1st floor laundry. Hardwood floor throughout. Direct inside access to attached, heated garage with newer epoxy floor (2021). Many other updates including new roof (2021), new siding (2021), AC (2021), electrical panel (2021), extra-wide concrete driveway (2018), stained exterior brick (2020), heater in garage (2021). Copper plumbing and overhead sewers (2016, in crawl) for peace of mind. Oversized 60' x 120' yard. Top-rated Melzer Elementary, remodeled Gemini Middle, and classic, Maine East High School. Close to Forest Preserve trails, Golf Metra station, Mariano's, and shopping.

Last Agent to Sell the Property

Craig Tinder

@properties Christie?s International Real Estate License #471016625 Listed on: 03/13/2025

@properties Christie?s International Real Estate

Last Buyer's Agent

Rita Baba

Redfin Corporation License #471015840

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,707

Year Built

  • Built in 1955 | Remodeled in 2009

Lot Details

  • Lot Dimensions are 60x120
  • Fenced

Parking

  • 1 Car Garage
  • Driveway
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,606 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • No Interior Steps
  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Deck

Schools

  • Melzer Elementary School
  • Gemini Junior High School
  • Maine East High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Overhead Sewers

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,707

Year Built

Built in 1955 | Remodeled in 2009

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2009
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2009

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Crawl Space
  • Accessibility Features: Two or More Access Exits, Main Level Entry, No Interior Steps
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 1606
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1606
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1606
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Off Alley, Owned, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer, Overhead Sewers
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Main Level
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Melzer School
  • High School: Maine East High School
  • Middle/Junior School: Gemini Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7707
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
May 4, 2025
Sold by
Oraham Charles and Oraham Ashtar
Bought by
Doggett Thomas and Ribeiro Marjurie Abarintos
Seller's Agent
Craig Tinder
@properties Christie?s International Real Estate
Buyer's Agent
Rita Baba
Redfin Corporation
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Views
131
Current Estimated Value
$458,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,725
Avg. Annual Appreciation
-0.66%
Original Mortgage
$391,000
Outstanding Balance
$385,577
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$72,698

Purchase Details

Closed on
Jul 13, 2011
Sold by
Garneata Nicolae
Bought by
Oraham Charles and Oraham Ashtar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,966
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2010
Sold by
Cosman Juliana and Cosman Ioan M
Bought by
Garneata Nicolae

Purchase Details

Closed on
Jul 24, 2007
Sold by
Garneata Nicole and Garneata Nicolae
Bought by
Garneata Nicolae and Cosman Juliana

Purchase Details

Closed on
May 1, 2006
Sold by
Wolinski Robert J
Bought by
Garneata Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $460,000 Proper Title
Warranty Deed $238,000 Pntn
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $330,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $391,000 New Conventional
Previous Owner $231,966 FHA
Previous Owner $313,500 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2025 05/12/25 Sold $460,000 +2.2% $286 / Sq Ft
04/13/2025 04/13/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $450,000 -2.2% $280 / Sq Ft
04/03/2025 04/03/25 Off Market $460,000 -- --
03/17/2025 03/17/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $450,000 -- $280 / 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 $5,867 $25,000 $7,920 $17,080
2023 $5,569 $25,000 $7,920 $17,080
2022 $5,569 $25,000 $7,920 $17,080
2021 $6,877 $25,628 $5,580 $20,048
2020 $6,750 $25,628 $5,580 $20,048
2019 $6,579 $28,476 $5,580 $22,896
2018 $6,000 $23,954 $4,860 $19,094
2017 $5,912 $23,954 $4,860 $19,094
2016 $5,756 $23,954 $4,860 $19,094
2015 $5,848 $22,539 $4,140 $18,399
2014 $5,726 $22,539 $4,140 $18,399
2013 $5,564 $22,539 $4,140 $18,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12311146

Midwest Real Estate Data (MRED)

APN: 09-13-209-010-0000