NOT LISTED FOR SALE

8502 W 107th St Palos Hills, IL 60465

Estimated Value: $422,768 - $464,000

4 Beds
3 Baths
2,491 Sq Ft
$177/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $300,000 $120 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,959/month

18 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • First Floor Utility Room
  • Oak Ridge Elementary School Rated A
  • Granite Countertops
  • Attached Garage

About This Home

As of March 2021

START OFF THE NEW YEAR RIGHT, IN A WELL MAINTAINED 4 BEDROOM 2.1 BATH HOME IN PALOS HILLS. NEWER ANDERSON WINDOWS, TEAR OFF ROOF, AND ALSO DON'T FORGET THE FURNACE AND A/C WAS REPLACED 2 YEARS AGO. LARGE OPEN LIVING ROOM AND DINING ROOM THAT WERE JUST PAINTED, WITH CATHEDRAL CEILINGS. NEW TOLIETS INSTALLED. LARGE EAT-IN KITCHEN WITH GRANITE COUNTERS AND BACK SPLASH. HUGE FAMILY ROOM WITH TRIPLE SLIDE STORM DOORS LOOKING ON TO THE LARGE CONCRETE PATIO AND YARD. LAUNDRY ROOM WITH 3 YEAR OLD WASHER AND DRYER, CABINETS, SINK AND A 2ND FRIDGERATOR. ULTILITY ROOM WITH STORAGE SPACE OFF THE FAMILY ROOM. MASTER SUITE W/ TONS OF CLOSET SPACE, PRIVATE BATH, W/SEPARATE SHOWER. 3 OTHER GOOD SIZE BEDROOMS ARE UPSTAIRS ALSO. LARGE CRAWL, THAT IS COVERED WITH PLASTIC AND GRAVEL. 2 1/2 CAR GARAGE WITH A EXTRA STORAGE ROOM. GREAT LOCATION, ACROSS THE STREET IS A OPEN AREA CONNECTED TO MORAINE VALLEY COLLEGE. HOME HAS BEEN IN THIS FAMILY FOR 50 YEARS. BEING SOLD AS IS, WITH ALL THE NEW EXPENSIVE ITEMS TAKEN CARE OF, YOU CAN DECORATE TO YOUR TASTE AND NO NEED TO WORRY! TERMINATE WARRANTY ON PROPERTY, NEXT DOOR NEIGHBOR HAD IT YEARS AGO.

Last Agent to Sell the Property

John Schober

RE/MAX 1st Service License #475139223 Listed on: 01/14/2021

RE/MAX 1st Service

Last Buyer's Agent

Laki Hatzelis

RE/MAX 10 License #475176170

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,711

Year Built

  • 1970

Lot Details

  • 8,276

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Open Floorplan
  • Vaulted Ceiling
  • Blinds
  • Entrance Foyer
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • North or South Exposure
  • Patio
  • Southern Exposure
  • Property is near a bus stop

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,711

Year Built

1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Interstate Access
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: Split Level
  • Estimated Year Built: 1970
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Open Floorplan, Drapes/Blinds, Granite Counters
  • Number Of Rooms: 8
  • Living Room: Dimensions: 14X20, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood
  • Basement: Crawl
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X11, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 10X20, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 10X20, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Utility Room-1st Floor, Foyer
  • Master Bedroom: Dimensions: 11X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Utility Room-1st Floor, Dimensions: 5X11, On Level: Main Level, Flooring: Vinyl
  • Additional Room 2 Name: Foyer, Dimensions: 7X14, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X15, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 9X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2491
  • Dining Room Type: Separate
  • Family Room: Dimensions: 17X21, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: N (North), S (South)
  • Acreage: 0.1955

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 230
  • Middle School: H H Conrady Junior High School
  • High School: Amos Alonzo Stagg High School
  • Junior High Dist: 117

Lot Info

  • Lot Dimensions: 65X130
  • Parcel Identification Number: 23141120190000

Tax Info

  • Taxes: 2426.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Mar 5, 2021
Sold by
Fmtr Herbert A and Fmtr Helen
Bought by
Stanko Nicholas and Yone Caitlin
Seller's Agent
John Schober
RE/MAX 1st Service
Buyer's Agent
Laki Hatzelis
RE/MAX 10
List Price
$309,900
Sold Price
$300,000
Premium/Discount to List
-$9,900
-3.19%
Current Estimated Value
$441,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,442
Avg. Annual Appreciation
8.66%
Original Mortgage
$270,000
Outstanding Balance
$241,706
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$199,736
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stanko Nicholas $300,000 Greater Illinois Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanko Nicholas $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $300,000 -3.2% $120 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $309,900 -- $124 / 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 $7,711 $30,000 $6,173 $23,827
2023 $8,177 $30,000 $6,173 $23,827
2022 $8,177 $25,832 $5,322 $20,510
2021 $2,417 $25,830 $5,321 $20,509
2020 $2,204 $25,830 $5,321 $20,509
2019 $2,426 $26,866 $4,896 $21,970
2018 $2,340 $26,866 $4,896 $21,970
2017 $2,217 $26,866 $4,896 $21,970
2016 $3,268 $25,410 $4,257 $21,153
2015 $3,385 $25,410 $4,257 $21,153
2014 $3,255 $25,410 $4,257 $21,153
2013 $3,122 $25,572 $4,257 $21,315
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10970959

Midwest Real Estate Data (MRED)

APN: 23-14-112-019-0000