Seller's Agent in 2016
Lisa Ortega
HomeSmart Realty Group
(708) 533-0996
55 Total Sales
8229 W Knollwood Dr Palos Park, IL 60464
Lake Katherine NeighborhoodEstimated Value: $749,000 - $862,000
4
Beds
3
Baths
4,000
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- Heated Floors
- Deck
- Palos East Elementary School Rated A
- Landscaped Professionally
- Wooded Lot
About This Home
As of December 2016Magnificent Palos retreat on 1.4 acres nestled in secluded and wooded splendor on a private street with limited traffic and 4,000 sq ft of richly appointed living space. Sophisticated in design, this custom residence was built w/uncompromising quality and attention to detail with an architectural blend of Prairie and contemporary style. Impressive 2 story foy w/custom staircase. Chef's dream kit w/quality cabinetry, granite counters, newer ss appl, massive island w/wine storage rack and separate eating area. Cozy fam rm w/fireplace. Lavish master suite w/double-sided FP & sitting area. En-suite master bath w/dual vanities, jetted tub, separate steam shower and enormous walk-in closet. Screened-in 3 season rm f/optimal viewing of the tranquil, park like yard. Large mud/ldry rm. Dual zoned radiant heat and a/c. Brick circular drive with Portico. Sec & sprinkler sys. Htd 3 car gar. For the nature lover, close to walking paths, riding trails, horse stables, Cal-sag bike trail & Metra.
Last Agent to Sell the Property
HomeSmart Realty Group License #475104846 Listed on: 05/05/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,387
Year Built
- 2000
Lot Details
- Cul-De-Sac
- Landscaped Professionally
- Irregular Lot
- Wooded Lot
Parking
- Attached Garage
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Circular Driveway
- Brick Driveway
- Side Driveway
- Garage Is Owned
Home Design
- Prairie Architecture
- Brick Exterior Construction
- Slab Foundation
- Stucco Exterior Insulation and Finish Systems
- Asphalt Shingled Roof
Interior Spaces
- Vaulted Ceiling
- Skylights
- Includes Fireplace Accessories
- Attached Fireplace Door
- See Through Fireplace
- Gas Log Fireplace
- Entrance Foyer
- Breakfast Room
- Screened Porch
- Storm Screens
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
- Dual Sinks
- Whirlpool Bathtub
- Steam Shower
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Crawl Space
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Radiant Heating System
- Individual Controls for Heating
- Lake Michigan Water
Additional Features
- Deck
- Property is near a bus stop
- Horses Allowed On Property
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2016
Closed on
Dec 20, 2016
Sold by
Kiser Raleigh C and Kiser Joan E
Bought by
Marquette Bank and Trust Number 20866
Seller's Agent
Lisa Ortega
HomeSmart Realty Group
Buyer's Agent
Lisa Ortega
HomeSmart Realty Group
List Price
$774,900
Sold Price
$689,000
Premium/Discount to List
-$85,900
-11.09%
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
$130,852
Avg. Annual Appreciation
1.97%
Original Mortgage
$539,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 3, 2006
Sold by
Johnson Brad and Johnson Ann
Bought by
Kiser Raleigh C and Kiser Joan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.85%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 31, 2004
Sold by
Hansen Robert E
Bought by
Johnson Brad and Johnson Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Interest Rate
5.37%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 22, 2000
Sold by
Standard Bank & Trust Company
Bought by
Hansen Robert E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.26%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Marquette Bank | $689,000 | Old Republic Title | |
| Kiser Raleigh C | $930,000 | First American Title | |
| Johnson Brad | $955,000 | Fatic | |
| Hansen Robert E | $299,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marquette Bank | $377,100 | |
| Closed | Marquette Bank | $83,000 | |
| Closed | Marquette Bank | $480,000 | |
| Closed | Marquette Bank | $539,000 | |
| Previous Owner | Kiser Raleigh C | $417,000 | |
| Previous Owner | Johnson Brad | $155,966 | |
| Previous Owner | Johnson Brad | $30,000 | |
| Previous Owner | Johnson Brad | $764,000 | |
| Previous Owner | Hansen Robert E | $400,130 | |
| Previous Owner | Hansen Robert E | $208,700 | |
| Previous Owner | Hansen Robert E | $1,496,226 | |
| Previous Owner | Hansen Robert E | $400,000 | |
| Previous Owner | Hansen Robert E | $1,300,073 | |
| Previous Owner | Hansen Robert E | $1,197,073 | |
| Previous Owner | Hansen Robert E | $400,000 | |
| Previous Owner | Hansen Robert E | $1,000,072 | |
| Previous Owner | Hansen Robert E | $1,935,824 | |
| Previous Owner | Hansen Robert E | $225,000 | |
| Previous Owner | Hansen Robert E | $100,000 | |
| Previous Owner | Hansen Robert E | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2016 12/23/16 | Sold | $689,000 | -1.6% | $172 / Sq Ft |
| 11/16/2016 11/16/16 | Pending | -- | -- | -- |
| 11/01/2016 11/01/16 | Price Changed | $699,900 | -2.1% | $175 / Sq Ft |
| 09/13/2016 09/13/16 | Price Changed | $714,900 | -1.4% | $179 / Sq Ft |
| 08/06/2016 08/06/16 | Price Changed | $724,900 | -3.3% | $181 / Sq Ft |
| 06/07/2016 06/07/16 | Price Changed | $749,900 | -3.2% | $187 / Sq Ft |
| 05/05/2016 05/05/16 | For Sale | $774,900 | -- | $194 / 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 | $15,387 | $66,000 | $22,767 | $43,233 |
| 2023 | $16,535 | $66,000 | $22,767 | $43,233 |
| 2022 | $16,535 | $58,362 | $19,732 | $38,630 |
| 2021 | $15,357 | $58,360 | $19,731 | $38,629 |
| 2020 | $14,862 | $58,360 | $19,731 | $38,629 |
| 2019 | $13,113 | $53,702 | $18,213 | $35,489 |
| 2018 | $12,724 | $53,702 | $18,213 | $35,489 |
| 2017 | $12,355 | $53,702 | $18,213 | $35,489 |
| 2016 | $11,574 | $45,926 | $15,178 | $30,748 |
| 2015 | $11,412 | $45,926 | $15,178 | $30,748 |
| 2014 | $11,295 | $45,926 | $15,178 | $30,748 |
| 2013 | $11,537 | $49,920 | $15,178 | $34,742 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09217761
APN: 23-26-210-004-0000
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