NOT LISTED FOR SALE

7714 Palma Ln Morton Grove, IL 60053

Estimated Value: $424,000 - $504,624

3 Beds
2 Baths
1,559 Sq Ft
$307/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $310,000 $199 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,370/month

4 Days on Market

Highlights

  • 2 Car Attached Garage
  • Walk-In Closet
  • Home Security System
  • Maine East High School Rated A
  • Patio
  • Entrance Foyer

About This Home

As of January 2022

Open entrance with cathedral ceilings, large eat in kitchen. Family room on lower level with fireplace, 3 bedrooms up, shared master bath, 2 car attached heated garage, with direct entry. House has large rooms and lots of storage. Great opportunity to update this lovely Split level home. So many features to list a few: whole house fan, lower level 2nd bath, large fenced yard, generator, security system, in ground sprinkler system, battery back up sump pump, interior & exterior light timers, Roof 2016. Enjoy New Sawmill Station shopping & dining, New Harrer Park Pool. Close to Metro, I 294/94, parks & bike trails.**Please note-There is Not Hardwood under carpeting. Staged photos depict what it can look like updated! Click on icon to see 3D Matterport tour

Last Agent to Sell the Property

Mary Lou Scinto Allen

Coldwell Banker Realty License #475134896 Listed on: 12/10/2021

Coldwell Banker Realty

Last Buyer's Agent

Almas Khan

Real 1 Realty License #475183095

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,388

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 59.0 x 141
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home
  • Bi-Level Home
  • Asphalt Roof

Interior Spaces

  • 1,559 Sq Ft Home
  • Whole House Fan
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Sump Pump
  • Home Security System

Kitchen

  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

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

Community Details

  • Split Level

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,388

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 1559
  • Other Equipment: Security System, Ceiling Fan(s), Fan-Whole House, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;, Generator
  • Room Type: Foyer, Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 325000
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • 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

  • Additional Parcels: No
  • Lot Dimensions: 59.0 X 141
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7387.68
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Jan 14, 2022
Sold by
Fleischman Dawn A and The Lois J Rand Trust
Bought by
Khan Ahmed and Firdous Shagufta
Seller's Agent
Mary Lou Scinto Allen
Coldwell Banker Realty
Buyer's Agent
Almas Khan
Real 1 Realty
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Current Estimated Value
$478,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,406
Avg. Annual Appreciation
11.04%
Original Mortgage
$294,500
Outstanding Balance
$274,522
Interest Rate
3.22%
Estimated Equity
$182,720

Purchase Details

Closed on
Jan 10, 2002
Sold by
Fifth Third Bank Chicago
Bought by
Rand Lois J and Rand Leonard
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
Khan Ahmed -- --
Khan Ahmed -- --
Rand Lois J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Ahmed $294,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $310,000 -4.6% $199 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $325,000 -- $208 / 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 $10,011 $37,000 $9,025 $27,975
2023 $7,960 $37,000 $9,025 $27,975
2022 $7,960 $37,000 $9,025 $27,975
2021 $7,477 $30,236 $6,082 $24,154
2020 $7,388 $30,236 $6,082 $24,154
2019 $7,302 $33,973 $6,082 $27,891
2018 $6,260 $27,591 $5,297 $22,294
2017 $6,584 $28,994 $5,297 $23,697
2016 $7,019 $30,444 $5,297 $25,147
2015 $6,912 $28,037 $4,512 $23,525
2014 $6,776 $28,037 $4,512 $23,525
2013 $6,576 $28,037 $4,512 $23,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11266156

Midwest Real Estate Data (MRED)

APN: 09-13-104-004-0000