NOT LISTED FOR SALE

7438 Palma Ln Morton Grove, IL 60053

Estimated Value: $329,000 - $406,000

3 Beds
1 Bath
1,092 Sq Ft
$329/Sq Ft Est. Value

Last Sold February 27, 2012

Last sale price $132,000 $121 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $2,313/month

11 Days on Market

Highlights

  • Recreation Room
  • Formal Dining Room
  • Breakfast Bar
  • Maine East High School Rated A
  • Attached Garage
  • 3-minute walk to Shermer Park

About This Home

As of February 2012

ESTATE SALE. 3 BEDROOM BRICK RANCH WITH FULL BASEMENT. GREAT LOCATION IN MORTON GROVE. HOME HAS A SOLID FOUNDATION. NEEDS TO BE COMPLETELY REMODELED. ROOF NEW IN 2009. NEWER FURNACE & HWT. A GREAT OPPORTUNITY TO BUY & REMODEL TO YOUR OWN TASTE. DON'T OVERPAY FOR SOMEONE ELSES IMPROVEMENTS. EXTRA WIDE REAR LOT. ESTATE SALE! BRING YOUR OFFER TODAY.

Last Agent to Sell the Property

Ralph Milito

@properties Christie's International Real Estate License #471005750 Listed on: 01/04/2012

@properties Christie's International Real Estate

Last Buyer's Agent

Ralph Milito

@properties Christie's International Real Estate License #471005750 Listed on: 01/04/2012

@properties Christie's International Real Estate

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,520

Year Built

  • 1957

Lot Details

  • 6,621

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • Formal Dining Room
  • Recreation Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Breakfast Bar

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Property Details

Home Type

Other

Est. Annual Taxes

$3,520

Year Built

1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Architectural Style: Ranch
  • Type Detached: 1 Story
  • Special Features: None
  • Year Built: 1957

Interior Features

  • Appliances: Oven/Range, Refrigerator
  • Number Of Rooms: 7
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 13X10
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 13X10
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 11X10
  • Third Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 16X16
  • Living Room Flooring: Carpet
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 9X7
  • Dining Room Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 10X10
  • Kitchen Flooring: Vinyl
  • Additional Rooms: Recreation Room
  • Additional Room 1 Name: Recreation Rm
  • Additional Room 1 Level: Lower
  • Additional Room 1 Size: 20X10

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Elementary School: NELSON ELEMENTARY SCHOOL
  • Middle School: GEMINI JUNIOR HIGH SCHOOL
  • High School: MAINE EAST HIGH SCHOOL
  • Junior High Dist: 63

Lot Info

  • Lot Dimensions: 49X125X74X120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2012
Closed on
Feb 21, 2012
Sold by
Schneider Ellyn F
Bought by
Erfani Yekta Rohallah Erfani and Erfani Yekta Atoosa
Seller's Agent
Ralph Milito
@properties Christie's International Real Estate
Buyer's Agent
Ralph Milito
@properties Christie's International Real Estate
List Price
$165,000
Sold Price
$132,000
Premium/Discount to List
-$33,000
-20%
Total Days on Market
11
Current Estimated Value
$359,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,799
Avg. Annual Appreciation
7.61%
Original Mortgage
$95,000
Interest Rate
3.92%
Mortgage Type
New Conventional
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
Erfani Yekta Rohallah Erfani $132,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Erfani Yekta Rohallah Erfani $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2012 02/27/12 Sold $132,000 -20.0% $121 / Sq Ft
01/15/2012 01/15/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $165,000 -- $151 / 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 $3,520 $27,036 $7,293 $19,743
2023 $3,520 $27,036 $7,293 $19,743
2022 $3,520 $27,036 $7,293 $19,743
2021 $5,728 $24,565 $5,138 $19,427
2020 $5,688 $24,565 $5,138 $19,427
2019 $5,548 $27,295 $5,138 $22,157
2018 $4,809 $19,883 $4,475 $15,408
2017 $5,348 $21,991 $4,475 $17,516
2016 $5,555 $23,203 $4,475 $18,728
2015 $4,652 $18,467 $3,812 $14,655
2014 $4,559 $18,467 $3,812 $14,655
2013 $5,524 $19,766 $3,812 $15,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07968333

Midwest Real Estate Data (MRED)

APN: 09-13-205-011-0000