NOT LISTED FOR SALE

8317 W 119th St Palos Park, IL 60464

Estimated Value: $430,000 - $457,618

4 Beds
2 Baths
1,539 Sq Ft
$290/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $409,000 $266 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,207/month

5 Days on Market

Highlights

  • Mature Trees
  • Deck
  • Balcony
  • Palos East Elementary School Rated A
  • Living Room with Fireplace
  • 2 Car Attached Garage

About This Home

As of February 2024

Come check out this beautifully updated house in desirable Palos Park with possible RELATED LIVING!!! Nestled on over an acre of land, this private oasis boasts 4 bedrooms and 2 full bathrooms. Through the front door, you will find REAL wood paneling that flows through the majority of the main level. The kitchen boasts granite counter tops, oak cabinets, and a trash compactor. Two of the rooms on the main level have sliding glass doors that walk out to the OVERSIZED wood deck. There are also 2 fireplaces in the house, one on the main level in the living room, and the other one in the basement area. Off of the upstairs living room, there is a private office which is perfect for those who work from home! The FINISHED, WALK-OUT basement comes equipped with a second kitchen, full bathroom, and an additional bedroom. The large yard also features an 18X12 shed that comes with the house as well. The home is near major roadways, schools, parks, and restaurants. This one will not last long, schedule your showing today!

Last Agent to Sell the Property

Jake Wirtz

Wirtz Real Estate Group Inc. License #475182024 Listed on: 01/06/2024

Last Buyer's Agent

Apara Leekha

Property Economics, Inc. License #471018485

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,567

Year Built

  • Built in 1956

Lot Details

  • 1.07 Acre Lot
  • Mature Trees

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Cedar

Interior Spaces

  • 1,539 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Storm Screens
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Shed

Schools

  • Amos Alonzo Stagg High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,567

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1956
  • 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

  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 2
  • LivingArea: 1539
  • Room Type: Deck
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Storms/Screens
  • List Price: 399999
  • Lot Features: Mature Trees, Views
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Amos Alonzo Stagg High School
  • Middle/Junior School District: 118

Lot Info

  • Lot Size Acres: 1.073
  • Lot Dimensions: 46720
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2567
  • Tax Year: 2021
  • Tax Exemptions: Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
Feb 21, 2024
Sold by
Charnas Shawn E
Bought by
Engstrom Perry L
Seller's Agent
Jake Wirtz
Wirtz Real Estate Group Inc.
Buyer's Agent
Apara Leekha
Property Economics, Inc.
List Price
$399,999
Sold Price
$409,000
Premium/Discount to List
$9,001
2.25%
Views
139
Current Estimated Value
$445,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,655
Avg. Annual Appreciation
5.89%
Original Mortgage
$200,000
Outstanding Balance
$196,348
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$249,307

Purchase Details

Closed on
Apr 4, 2022
Sold by
Charnas Shawn E and Virginia Charnas Revocable Trust
Bought by
Charnas Shawn E and Charnas Y

Purchase Details

Closed on
Feb 8, 2022
Sold by
Virginia Charnas Revocable Trust and Charnas Shawn E
Bought by
Charnas Shawn E

Purchase Details

Closed on
Jul 5, 2005
Sold by
Marquette Bank
Bought by
Charnas Virginia and The Virginia Charnas Revocable Trust
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
Engstrom Perry L $409,000 None Listed On Document
Engstrom Perry L $409,000 None Listed On Document
Charnas Shawn E -- --
Charnas Shawn E -- None Listed On Document
Charnas Shawn E -- None Listed On Document
Charnas Shawn E -- None Listed On Document
Charnas Virginia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engstrom Perry L $200,000
Closed Engstrom Perry L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $409,000 +2.3% $266 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $399,999 -- $260 / 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 $9,573 $37,188 $17,520 $19,668
2023 $8,340 $39,000 $17,520 $21,480
2022 $8,340 $27,711 $15,184 $12,527
2021 $2,567 $27,711 $15,184 $12,527
2020 $2,305 $27,711 $15,184 $12,527
2019 $2,471 $34,760 $14,016 $20,744
2018 $2,402 $34,760 $14,016 $20,744
2017 $2,289 $34,760 $14,016 $20,744
2016 $3,197 $28,671 $11,680 $16,991
2015 $3,321 $28,671 $11,680 $16,991
2014 $3,214 $28,671 $11,680 $16,991
2013 $3,081 $31,307 $11,680 $19,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11956872

Midwest Real Estate Data (MRED)

APN: 23-26-200-003-0000