NOT LISTED FOR SALE

7700 Palma Ln Morton Grove, IL 60053

Estimated Value: $507,000 - $540,961

3 Beds
2.5 Baths
1,954 Sq Ft
$268/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $465,000 $238 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,633/month

96 Days on Market

Highlights

  • Deck
  • Property is near a park
  • Wood Flooring
  • Maine East High School Rated A
  • Vaulted Ceiling
  • 4-minute walk to Overhill Park

About This Home

As of February 2024

Wow Come Take A Look At This Spacious Split-Level With Basement In Morton Grove Featuring 3 Bedrooms, 2.5 Bathrooms. Main Level Boasts Large Updated Kitchen (Newer Cabinets, Granite Countertop & Backsplash) W/Eating Area, Big Bay Window W/Great Natural Light, Big Dining Room, Large Foyer W/Double Door Entry & 1/2 Bath. The 2nd Level Features Huge Living Room W/Woodburning Fireplace, Cathedral Ceiling & Big Bay Window W/Great Natural Light. The 3rd Level Features 3 Bedrooms & 2 Full Baths. Basement Has Family Room, Laundry Room & Additional Storage. Through The Dining Room Sliding Door You Will Enter A Large Wooden Deck (14X41) & Large Fenced In Yard Great For Family Fun. This 2.5 Plus Garage W/Side Party Door Has A Big Storage Attic. Home Features Pella Windows W/Enclosed Blinds, Hardwood Floors, 2 Split Units For HVAC (One Upstairs & One Downstairs), New Roof In August 2023, 200 Amp Service, Large Driveway W/Ample Parking & A Home Warranty. Conveniently Located Close To Melzer Elementary School, Overhill Park, Playground, Community Pool, Shopping Mall, Stores, Restaurants, Pace Buses & Interstates 94 & 294. Hurry Make Your Appointment Today!

Last Agent to Sell the Property

Jon Rodriguez

Platinum Partners Realtors License #475139780 Listed on: 09/20/2023

Platinum Partners Realtors

Last Buyer's Agent

Naseem El-Barbarawi

Jameson Sotheby's Intl Realty License #475143691

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,056

Year Built

  • Built in 1962

Lot Details

  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home
  • Quad-Level Property
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,954 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Bay Window
  • Window Screens
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Additional Features

  • Deck
  • Property is near a park

Community Details

  • Community Pool

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,056

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Quad Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop, Gas Cooktop
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Separate Dining Room
  • LivingArea: 1954
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Deck, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1954
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Storm Door(s),Sliding Glass Door(s)
  • Window Features: Bay Window(s),Blinds,Screens
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 475000
  • Lot Features: Fenced Yard, Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Curbs, Sidewalks, Street Lights, Street Paved
  • 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
  • Middle/Junior School District: 63

Lot Info

  • Lot Dimensions: 8400
  • 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: 8056.33
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Feb 2, 2024
Sold by
Khan Tiptakhtar
Bought by
Nixon Dylan and Rossi Kayla
Seller's Agent
Jon Rodriguez
Platinum Partners Realtors
Buyer's Agent
Naseem El-Barbarawi
Jameson Sotheby's Intl Realty
List Price
$524,900
Sold Price
$465,000
Premium/Discount to List
-$59,900
-11.41%
Views
310
Current Estimated Value
$524,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,240
Avg. Annual Appreciation
7.91%

Purchase Details

Closed on
Mar 20, 2015
Sold by
Akhtar Mohammad Jawaid and Radivojevic Susanne S
Bought by
Khan Tipo A and Radivojevic Susanne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 22, 2002
Sold by
Filiniche Luis A and Filiniche Luz E
Bought by
Akhtar Mohammed Jawaid and Radivojevic Susanne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.01%

Purchase Details

Closed on
Feb 23, 1999
Sold by
Filiniche Richard
Bought by
Filiniche Luis A and Filiniche Luz E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.78%
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
Nixon Dylan $465,000 Chicago Title
Khan Tipo A -- Chicago Title Insurance Co
Akhtar Mohammed Jawaid $380,000 --
Filiniche Luis A -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nixon Dylan $372,000
Previous Owner Khan Tipo A $250,000
Previous Owner Khan Tipo $272,000
Previous Owner Akhtar Mohammad $63,628
Previous Owner Akhtar Mohammed Jawaid $100,000
Previous Owner Akhtar Mohammad Jawaid $69,960
Previous Owner Akhtar Mohammad Jawaid $345,688
Previous Owner Akhtar Mohammad J $46,500
Previous Owner Akhtar Mohammed Jawaid $306,400
Previous Owner Akhtar Mohammed Jawaid $38,300
Previous Owner Akhtar Mohammed Jawaid $300,700
Previous Owner Filiniche Luis A $50,000
Previous Owner Filiniche Luis A $160,000
Closed Akhtar Mohammed Jawaid $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $465,000 -2.1% $238 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
12/21/2023 12/21/23 Price Changed $475,000 -5.0% $243 / Sq Ft
10/27/2023 10/27/23 Price Changed $499,900 -4.8% $256 / Sq Ft
09/20/2023 09/20/23 For Sale $524,900 -- $269 / 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 $9,583 $38,736 $9,660 $29,076
2023 $9,440 $40,000 $9,660 $30,340
2022 $9,440 $40,000 $9,660 $30,340
2021 $8,056 $29,450 $6,510 $22,940
2020 $8,282 $30,740 $6,510 $24,230
2019 $9,345 $39,005 $6,510 $32,495
2018 $7,553 $29,268 $5,670 $23,598
2017 $7,974 $31,131 $5,670 $25,461
2016 $7,681 $31,131 $5,670 $25,461
2015 $7,252 $27,323 $4,830 $22,493
2014 $7,098 $27,323 $4,830 $22,493
2013 $7,598 $29,817 $4,830 $24,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11888645

Midwest Real Estate Data (MRED)

APN: 09-13-104-007-0000