$260,000
SOLD OCT 3, 2016

7508 Palma Ln Morton Grove, IL 60053

3 Beds
2 Baths
1,100 Sq Ft
7,187 Sq Ft Lot

Recently Sold

$236 Per Sq Ft

3% Below List Price

96 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Maine East High School Rated A
  • Breakfast Bar
  • 3-minute walk to Shermer Park

About This Home

As of October 2016

GREAT BALCONY BI LEVEL ON A 60 FT LOT IN MORTON GROVE FEATURES NICE SIZED LIVING ROOM, DINETTE AREA, AND EAT-IN KITCHEN. 2ND LEVEL HAS 3BR AND 1 FULL BATH. LOWER LEVEL RECREATION ROOM WITH 2ND BATH. HARDWOOD FLOORS . LARGE CARPORT. ROOF, FURNACE, AND A/C 7 YEARS OLD. BEAUTIFULLY LANDSCAPED YARD. SOME NEW WINDOWS. EASY TO SHOW.

Last Agent to Sell the Property

Farhan Siddique

Selective Realty Services Inc License #475140337 Listed on: 03/27/2016

Last Buyer's Agent

Jenna Kandu

Selective Realty Services Inc License #471011446

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,408

Year Built

  • 1956

Lot Details

  • Southern Exposure
  • Landscaped Professionally

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Stone Siding
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Oven or Range

Flooring

  • Wood Flooring

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • Parking Available
  • Side Driveway
  • Parking Space is Owned

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,408

Year Built

1956

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bi-Level
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1956
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 17X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 8X7, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X9, On Level: Main Level, Flooring: Wood Laminate, Windows: Shades
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 11X9, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Estimated Sq Ft: 1100
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X12, On Level: Lower, Flooring: Vinyl

Exterior Features

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

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Side Apron
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Driveway: Side Drive
  • Parking Ownership: Owned

Utilities

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

Schools

  • School District: 207
  • Elementary School: MELZER SCHOOL
  • Middle School: GEMINI JUNIOR HIGH SCHOOL
  • High School: MAINE EAST HIGH SCHOOL
  • Junior High Dist: 63

Lot Info

  • Lot Dimensions: 60X121
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 09132050070000

Tax Info

  • Taxes: 6557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2016
Sold by
Majeed Yasreen
Bought by
Mamisa Andrios and Yousif Mariya
Current Estimated Value
$431,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2013
Closed on
Aug 15, 2013
Sold by
Lacina Howard C and Lacina Marlene M
Bought by
Majeed Yasreen
Seller's Agent
Marc Perlove
Villager Realty
Buyer's Agent
Danyal Siddique
Selective Realty Services Inc
List Price
$209,900
Sold Price
$210,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$206,196
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $265,000 Chicago Title
Warranty Deed $210,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $251,750 New Conventional
Previous Owner $206,196 FHA
Previous Owner $60,000 Credit Line Revolving
Previous Owner $20,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2016 10/03/16 Sold $260,000 -3.3% $236 / Sq Ft
08/05/2016 08/05/16 For Sale $269,000 0.0% $245 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
05/19/2016 05/19/16 Pending -- -- --
05/14/2016 05/14/16 Price Changed $269,000 -2.2% $245 / Sq Ft
04/24/2016 04/24/16 Price Changed $275,000 -3.5% $250 / Sq Ft
04/18/2016 04/18/16 Price Changed $285,000 -1.7% $259 / Sq Ft
03/27/2016 03/27/16 For Sale $290,000 +38.1% $264 / Sq Ft
08/26/2013 08/26/13 Sold $210,000 0.0% $191 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $209,900 -- $191 / 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 $6,408 $27,000 $7,920 $19,080
2023 $6,085 $27,000 $7,920 $19,080
2022 $6,085 $27,000 $7,920 $19,080
2021 $6,612 $24,766 $5,580 $19,186
2020 $6,492 $24,766 $5,580 $19,186
2019 $6,327 $27,518 $5,580 $21,938
2018 $6,241 $24,778 $4,860 $19,918
2017 $7,119 $24,778 $4,860 $19,918
2016 $7,174 $26,742 $4,860 $21,882
2015 $6,714 $22,867 $4,140 $18,727
2014 $6,557 $22,867 $4,140 $18,727
2013 $4,379 $22,867 $4,140 $18,727
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09176349

Midwest Real Estate Data (MRED)

APN: 09-13-205-007-0000