NOT LISTED FOR SALE

7824 Palma Ln Morton Grove, IL 60053

Estimated Value: $437,000 - $517,000

3 Beds
2 Baths
1,286 Sq Ft
$372/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $262,500 $204 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,210/month

145 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Fenced Yard
  • Maine East High School Rated A
  • L-Shaped Dining Room
  • Attached Garage

About This Home

As of May 2013

WELL MAINTAINED BRICK SPLIT LEVEL IN MORTONAIRE SUBDIVISION. THREE BDRMS, 2 FULL BATHS. CERAMIC TILE FRONT HALL. HARDWOOD FLRS IN LIV. RM, DIN. RM & BDRMS.LARGE 20 X 12 CARPETED FAMILY RM WITH WOOD BURNING FIREPLACE. LARGE LAUNDRY ROOM (14 X 13). GORGEOUS FENCED YARD WITH TWO CEMENT PATIO DECKS! ATTACHED 2 CAR GARAGE. COMPLETE TEAR OFF NEW 40+ YR. ARCHITECTUAL SHINGLES AND GUTTER IN 2012. FLOOD CONTROL SYSTEM.....

Last Agent to Sell the Property

Bill Abplanalp

Weichert, Realtors - All Pro License #475122916 Listed on: 09/06/2012

Weichert, Realtors - All Pro

Last Buyer's Agent

Sunny Kang

Irein, LLC License #471003842

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $8,125

Year Built

  • 1961

Lot Details

  • 7,841

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Wood Burning Fireplace
  • L-Shaped Dining Room
  • Wood Flooring
  • Storm Screens
  • Breakfast Bar

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Crawl Space

Outdoor Features

  • Deck
  • Stamped Concrete Patio

Utilities

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

Additional Features

  • Fenced Yard
  • Property is near a bus stop

Property Details

Home Type

Other

Est. Annual Taxes

$8,125

Year Built

1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Architectural Style: Bi-Level
  • Type Detached: Split Level
  • Special Features: None
  • Year Built: 1961

Interior Features

  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Fireplaces: 1
  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 7
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Walkout
  • Basement: Partially Finished, Crawl, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 14X11
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 13X11
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 11X10
  • Third Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 18X12
  • Living Room Flooring: Hardwood
  • Dining Room: L-shaped
  • Dining Room Level: Main Level
  • Dining Room Size: 10X12
  • Dining Room Flooring: Hardwood
  • Family Room Level: Lower
  • Family Room Size: 20X16
  • Family Room Flooring: Carpet
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 12X11
  • Kitchen Flooring: Ceramic Tile
  • Laundry Level: Lower
  • Laundry Size: 14X13
  • Laundry Flooring: Vinyl
  • Additional Rooms: No additional rooms

Exterior Features

  • Roof: Asphalt/Glass (Shingles)
  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Exterior Property Features: Deck, Stamped Concrete Patio, Storms/Screens

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Cooling: Central Air
  • Electricity: Circuit Breakers, 100 Amp Service
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 63

Lot Info

  • Lot Dimensions: 66 X 128
  • Lot Description: Fenced Yard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2012
Closed on
May 24, 2013
Sold by
Werstein Barbara
Bought by
Choi Sung and Hong Ae R
Seller's Agent
Bill Abplanalp
Weichert, Realtors - All Pro
Buyer's Agent
Sunny Kang
Irein, LLC
List Price
$285,000
Sold Price
$262,500
Premium/Discount to List
-$22,500
-7.89%
Current Estimated Value
$477,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,263
Avg. Annual Appreciation
4.57%
Original Mortgage
$130,000
Outstanding Balance
$93,586
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$363,281
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
Choi Sung $262,500 --
Choi Sung $262,500 --
Hong Ae R $262,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Ae R $130,000
Closed Choi Sung $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2013 05/15/13 Sold $262,500 -4.5% $204 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
01/17/2013 01/17/13 Price Changed $275,000 -3.5% $214 / Sq Ft
09/06/2012 09/06/12 For Sale $285,000 -- $222 / 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 $8,125 $36,000 $9,354 $26,646
2023 $6,508 $36,000 $9,354 $26,646
2022 $6,508 $36,000 $9,354 $26,646
2021 $8,396 $30,550 $6,303 $24,247
2020 $8,226 $30,550 $6,303 $24,247
2019 $8,116 $34,326 $6,303 $28,023
2018 $7,571 $29,327 $5,490 $23,837
2017 $7,456 $29,327 $5,490 $23,837
2016 $7,198 $29,327 $5,490 $23,837
2015 $7,067 $26,693 $4,677 $22,016
2014 $6,917 $26,693 $4,677 $22,016
2013 $7,460 $26,693 $4,677 $22,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08153619

Midwest Real Estate Data (MRED)

APN: 09-13-103-015-0000