Seller's Agent in 2024
James Robertson
Suburban Life Realty, Ltd
(239) 770-4031
1 in this area
14 Total Sales
7520 Palma Ln Morton Grove, IL 60053
Estimated Value: $406,000 - $459,000
3
Beds
2
Baths
1,050
Sq Ft
$417/Sq Ft
Est. Value
Highlights
- Property is near a park
- Ranch Style House
- Community Pool
- Maine East High School Rated A
- Wood Flooring
- 4-minute walk to Shermer Park
About This Home
As of August 2024Don't wait too long to visit! This brick/aluminum sided home has been meticulously cared for by long time owners. Newly remodeled first floor bath. Hardwood floors throughout, spacious finished basement features additional full kitchen, laundry area, family room, storage room and built in home office. Beautifully maintained yard is fully fenced, has two sheds, large concrete patio, gazebo, natural gas grill, as well as a brick, wood fired pizza oven. Home is equipped with a Generac 14kw emergency generator which means you'll never have to worry about power outages. Located near parks, pools, shopping and interstate access.You'll need to visit to appreciate the quality and excellent condition of this home.
Last Agent to Sell the Property
Suburban Life Realty, Ltd License #475172479 Listed on: 07/18/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,713
Year Built
- Built in 1959
Lot Details
- Lot Dimensions are 60x120
- Fenced Yard
- Paved or Partially Paved Lot
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,050 Sq Ft Home
- Combination Dining and Living Room
- Home Office
- Wood Flooring
Kitchen
- Electric Oven
- Gas Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
- No Tub in Bathroom
Laundry
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Outdoor Features
- Gazebo
- Shed
Location
- Property is near a park
Schools
- Melzer Elementary School
- Gemini Junior High School
- Maine East High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Power Generator
- Gas Water Heater
Community Details
- Community Pool
Listing and Financial Details
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 18, 2024
Closed on
Aug 22, 2024
Sold by
Chicago Title Land Trust Company
Bought by
Thacker Nathan and Lutolli Alketa
Seller's Agent
James Robertson
Suburban Life Realty, Ltd
Buyer's Agent
Meg Tange
Keller Williams ONEChicago
List Price
$405,000
Sold Price
$420,000
Premium/Discount to List
$15,000
3.7%
Views
35
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
$17,686
Avg. Annual Appreciation
3.82%
Original Mortgage
$336,000
Outstanding Balance
$332,488
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$105,198
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 |
|---|---|---|---|
| Thacker Nathan | $420,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thacker Nathan | $336,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2024 08/22/24 | Sold | $420,000 | +3.7% | $400 / Sq Ft |
| 07/23/2024 07/23/24 | Pending | -- | -- | -- |
| 07/18/2024 07/18/24 | For Sale | $405,000 | -- | $386 / 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 | $1,741 | $28,500 | $7,920 | $20,580 |
| 2023 | $1,713 | $28,500 | $7,920 | $20,580 |
| 2022 | $1,713 | $28,500 | $7,920 | $20,580 |
| 2021 | $1,994 | $26,843 | $5,580 | $21,263 |
| 2020 | $1,805 | $26,843 | $5,580 | $21,263 |
| 2019 | $1,748 | $29,826 | $5,580 | $24,246 |
| 2018 | $1,950 | $25,726 | $4,860 | $20,866 |
| 2017 | $1,882 | $25,726 | $4,860 | $20,866 |
| 2016 | $2,432 | $25,726 | $4,860 | $20,866 |
| 2015 | $2,796 | $22,998 | $4,140 | $18,858 |
| 2014 | $2,673 | $22,998 | $4,140 | $18,858 |
| 2013 | $2,668 | $22,998 | $4,140 | $18,858 |
Source: Public Records
Agents Affiliated with this Home
-
James Robertson
-
Meg Tange
Buyer's Agent in 2024
Meg Tange
Keller Williams ONEChicago
(312) 752-0538
1 in this area
79 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12092419
APN: 09-13-205-004-0000
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