S
Seller's Agent in 2019
Shannon Daily
HomeSmart Realty Group
(708) 334-5058
17 Total Sales
8501 W 128th St Palos Park, IL 60464
Ishnala NeighborhoodEstimated Value: $678,000 - $1,021,772
4
Beds
4
Baths
5,000
Sq Ft
$163/Sq Ft
Est. Value
Highlights
- Lake Front
- Second Kitchen
- Vaulted Ceiling
- Palos East Elementary School Rated A
- Deck
- Main Floor Bedroom
About This Home
As of November 2019Spectacular setting...long winding drive leads to this private gated mid-century ranch home, sitting high on the hill overlooking a huge sparkling lake all sprawled over 4 acres.This potential subdividable (2 pin #'s) parcel,offers 2 potential lakeside lots!!Current home features 2 finished living levels with over 5,000 square feet,great for related living (already has 2 separate full kitchens)! 2 stone fireplaces as well as a fabulous wall of glass windows highlight the incredible lake views.Full, finished walk-out basement is ideal for entertaining, full bar, full 2nd kitchen, family room, laundry room & full bath.Large deck off the back of the home overlooks the stocked lake & wooded area.Update to your own tastes & create a one of a kind family retreat.This rambling resort style property allows you to enjoy the home, land & lake all year long: fish, swim, play tennis on your own court, skate, sled & snowmobile. Horse potential!Close to hospital,train&Plush Horse. Motivated seller!
Last Agent to Sell the Property
HomeSmart Realty Group License #475131273 Listed on: 08/23/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,346
Year Built
- 1969
Lot Details
- Lake Front
- Irregular Lot
Parking
- Attached Garage
- Driveway
- Garage Is Owned
Home Design
- Walk-Out Ranch
- Brick Exterior Construction
Interior Spaces
- Wet Bar
- Vaulted Ceiling
- Wood Burning Fireplace
- Entrance Foyer
- Water Views
Kitchen
- Second Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
Bedrooms and Bathrooms
- Main Floor Bedroom
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
- Dual Sinks
Laundry
- Dryer
- Washer
Finished Basement
- Exterior Basement Entry
- Finished Basement Bathroom
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- Deck
- Property is near a bus stop
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2019
Closed on
Nov 19, 2019
Sold by
Reeder Forest F
Bought by
Blau David and Piaza Jason
Seller's Agent
Shannon Daily
HomeSmart Realty Group
Buyer's Agent
Vicki Morice
Keller Williams Infinity
List Price
$574,000
Sold Price
$435,000
Premium/Discount to List
-$139,000
-24.22%
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
$378,443
Avg. Annual Appreciation
9.89%
Purchase Details
Closed on
Jul 15, 2010
Sold by
Reeder Forest F
Bought by
Reeder Forest F and Forest F Reeder Living Trust
Purchase Details
Closed on
Feb 11, 2003
Sold by
Reeder Forest F and Reeder Gloria C
Bought by
Reeder Gloria C and Reeder Forest F
Purchase Details
Closed on
Jun 29, 2001
Sold by
Reeder Gloria C and Reeder Forest F
Bought by
Reeder Forest F and Reeder Gloria C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.87%
Purchase Details
Closed on
Aug 8, 1998
Sold by
Reeder Forest F and Reeder Gloria C
Bought by
Reeder Gloria C and Reeder Forest F
Purchase Details
Closed on
Jul 15, 1997
Sold by
Marquette National Bank
Bought by
Reeder Forest F and Reeder Gloria C
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 |
|---|---|---|---|
| Blau David | $435,000 | First American Title | |
| Reeder Forest F | -- | None Available | |
| Reeder Gloria C | -- | -- | |
| Reeder Forest F | -- | Law Title | |
| Reeder Gloria C | -- | -- | |
| Reeder Forest F | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Reeder Forest F | $712,500 | |
| Previous Owner | Reeder Forest F | $150,000 | |
| Previous Owner | Reeder Forest F | $150,000 | |
| Previous Owner | Reeder Forest F | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2019 11/19/19 | Sold | $435,000 | -24.2% | $87 / Sq Ft |
| 09/18/2019 09/18/19 | Pending | -- | -- | -- |
| 08/23/2019 08/23/19 | For Sale | $574,000 | -- | $115 / 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 | $12,346 | $34,366 | $29,466 | $4,900 |
| 2023 | $7,522 | $53,905 | $49,005 | $4,900 |
| 2022 | $7,522 | $28,026 | $19,602 | $8,424 |
| 2021 | $6,688 | $27,397 | $19,602 | $7,795 |
| 2020 | $8,600 | $36,449 | $19,602 | $16,847 |
| 2019 | $5,767 | $26,328 | $3,267 | $23,061 |
| 2018 | $4,771 | $26,328 | $3,267 | $23,061 |
| 2017 | $4,549 | $26,328 | $3,267 | $23,061 |
| 2016 | $5,496 | $37,018 | $32,670 | $4,348 |
| 2015 | $5,711 | $37,018 | $32,670 | $4,348 |
| 2014 | $5,532 | $37,018 | $32,670 | $4,348 |
| 2013 | $5,313 | $38,824 | $32,670 | $6,154 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2019
Vicki Morice
Keller Williams Infinity
(630) 363-1111
3 in this area
72 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10495361
APN: 23-35-104-028-0000
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