NOT LISTED FOR SALE

8428 W 103rd Terrace Unit 14301 Palos Hills, IL 60465

Estimated Value: $115,000 - $141,000

1 Bed
1 Bath
799 Sq Ft
$224/mo HOA Fee

Last Sold September 08, 2023

Last sale price $105,000 $131 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,178/month

80 Days on Market

Highlights

  • Resident Manager or Management On Site
  • Dogs and Cats Allowed
  • 4-minute walk to Osborne Park
  • Oak Ridge Elementary School Rated A
  • Senior Tax Exemptions

About This Home

As of September 2023

Updated 1 bedroom 1 bathroom for sale, located in the heart of Palos Hills, the with easy access to highways, shopping centers, entertainment and banks. Spacious and bright unit, with generous closet space, entirely remodeled in 2022, featuring white shaker cabinets, new appliances, new doors, freshly painted with well taken care of laminate throughout. This is an investors friendly building, allowing rentals, with no additional rental restrictions. Previous financing fell through due to the % of owner occupied units, this has to be cash only!

Last Agent to Sell the Property

Tamara Verdin

Prello Realty License #475196270 Listed on: 06/08/2023

Last Buyer's Agent

Diana Dambrauskiene

Re/Max Millennium License #475136838

Re/Max Millennium

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,758

Year Built

  • Built in 1972 | Remodeled in 2022

Lot Details

  • 39

HOA Fees

  • $224 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 799 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Front Desk Association, Phone Number (708) 598-0210
  • Property managed by Scenic Tree Office

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,758

Year Built

Built in 1972 | Remodeled in 2022

Lot Details

0

HOA Fees

$224 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1972
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2022

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 799
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 105000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Unassigned
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 224
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Scenic Tree Office
  • Management Contact Name: Front desk
  • Management Phone: 708-598-0210
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 117

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: N/A

Tax Info

  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Sep 8, 2023
Sold by
Chicago Title Land Trust Company
Bought by
Chicago Title Land Trust
Seller's Agent
Tamara Verdin
Prello Realty
Buyer's Agent
Diana Dambrauskiene
Re/Max Millennium
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%
Views
272
Current Estimated Value
$132,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,314
Avg. Annual Appreciation
11.96%

Purchase Details

Closed on
Mar 25, 2022
Sold by
Paulat Anna
Bought by
Chicago Title Land Trust Co

Purchase Details

Closed on
Mar 23, 2022
Sold by
Paulat Anna
Bought by
Chicago Title Land Trust Co

Purchase Details

Closed on
Jan 12, 2007
Sold by
Scenic Tree Conversion Llc
Bought by
Paulat Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,800
Interest Rate
6.16%
Mortgage Type
New Conventional
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
Chicago Title Land Trust $105,000 Chicago Title
Chicago Title Land Trust Co $95,000 --
Chicago Title Land Trust Co $95,000 --
Paulat Anna $89,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paulat Anna $66,500
Previous Owner Paulat Anna $74,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $105,000 0.0% $131 / Sq Ft
08/27/2023 08/27/23 Pending -- -- --
08/27/2023 08/27/23 Price Changed $105,000 -12.5% $131 / Sq Ft
07/24/2023 07/24/23 For Sale $120,000 0.0% $150 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/22/2023 07/22/23 Price Changed $120,000 0.0% $150 / Sq Ft
07/22/2023 07/22/23 For Sale $120,000 +14.3% $150 / Sq Ft
07/13/2023 07/13/23 Off Market $105,000 -- --
06/20/2023 06/20/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $129,000 -- $161 / 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 $2,758 $9,546 $5,045 $4,501
2023 $7 $10,445 $5,045 $5,400
2022 $7 $6,179 $1,598 $4,581
2021 $0 $6,177 $1,597 $4,580
2020 $0 $6,177 $1,597 $4,580
2019 $0 $4,716 $1,429 $3,287
2018 $0 $4,716 $1,429 $3,287
2017 $0 $4,716 $1,429 $3,287
2016 $0 $3,734 $1,261 $2,473
2015 $0 $3,955 $1,261 $2,694
2014 -- $3,955 $1,261 $2,694
2013 $970 $7,601 $1,261 $6,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11802808

Midwest Real Estate Data (MRED)

APN: 23-11-302-003-1393