NOT LISTED FOR SALE

7423 W Palatine Ave Chicago, IL 60631

Norwood Park Neighborhood

Estimated Value: $384,000 - $443,000

3 Beds
2 Baths
1,200 Sq Ft
$344/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $300,000 $250 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,386/month

3 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Breakfast Bar
  • Taft High School Rated A-
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2018

Location Location Location!! Double lot 50X129. Brick ranch with attached 1 car garage. Huge yard! Hardwood floors throughout. Property needs updating. Being Sold "AS-IS" Trust/estate sale.

Last Agent to Sell the Property

Patricia Clark

Clark Fabisch Realty, Inc License #475144107 Listed on: 08/10/2018

Last Buyer's Agent

Patrick Linden

RE/MAX Premier License #475120285

RE/MAX Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,411

Year Built

  • 1952

Lot Details

  • 3,223

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Additional Features

  • Breakfast Bar
  • Wood Flooring

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,411

Year Built

1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1952
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 6
  • Living Room: Dimensions: 22X16, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Unfinished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1200
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 50X129
  • Parcel Identification Number: 12012090070000

Tax Info

  • Taxes: 1170.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Sep 28, 2018
Sold by
Smith Glenn R
Bought by
Duffy Neil and Duffy Paige A
Seller's Agent
Patricia Clark
Clark Fabisch Realty, Inc
Buyer's Agent
Patrick Linden
RE/MAX Premier
List Price
$269,900
Sold Price
$300,000
Premium/Discount to List
$30,100
11.15%
Current Estimated Value
$413,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,308
Avg. Annual Appreciation
4.64%
Original Mortgage
$240,000
Outstanding Balance
$208,708
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$204,600

Purchase Details

Listed on
Aug 10, 2018
Closed on
Sep 6, 2018
Sold by
Chicago Title Land Trust Co
Bought by
Smith Glenn R
Seller's Agent
Patricia Clark
Clark Fabisch Realty, Inc
Buyer's Agent
Patrick Linden
RE/MAX Premier
List Price
$269,900
Sold Price
$300,000
Premium/Discount to List
$30,100
11.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$208,708
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$204,600
Source: Public Records

Range of Values:

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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
Duffy Neil $300,000 Heritage Title Company
Smith Glenn R -- Heritage Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duffy Neil $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $300,000 +11.2% $250 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $269,900 -- $225 / 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 $2,411 $20,514 $8,063 $12,451
2023 $2,340 $13,088 $6,450 $6,638
2022 $2,340 $13,088 $6,450 $6,638
2021 $2,297 $13,087 $6,450 $6,637
2020 $3,113 $15,525 $4,031 $11,494
2019 $3,083 $17,061 $4,031 $13,030
2018 $3,370 $17,061 $4,031 $13,030
2017 $585 $13,673 $3,547 $10,126
2016 $790 $13,673 $3,547 $10,126
2015 $759 $14,393 $3,547 $10,846
2014 $753 $12,860 $3,225 $9,635
2013 $755 $12,860 $3,225 $9,635
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Patricia Clark

    Clark Fabisch Realty, Inc

    (773) 775-7653

    Patricia Clark
    Section Image
  • Patrick Linden

    Buyer's Agent in 2018

    Patrick Linden

    RE/MAX Premier

    (773) 729-7561

    5 in this area

    82 Total Sales

    Patrick Linden
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10047954

Midwest Real Estate Data (MRED)

APN: 12-01-209-007-0000

Illinois Cook County Chicago 60631 Norwood Park

7423 W Palatine Ave, Chicago, IL

This home is located at 7423 W Palatine Ave, Chicago, IL 60631 since 10 August 2018 and is currently estimated at $413,308, approximately $344 per square foot. This property was built in 1952. 7423 W Palatine Ave is a home located in Cook County with nearby schools including Edison Park Elementary School, Taft High School, and Immaculate Conception School.

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