NOT LISTED FOR SALE

8513 W 119th Place Palos Park, IL 60464

Estimated Value: $676,000 - $754,000

4 Beds
3 Baths
3,400 Sq Ft
$211/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $650,000 $191 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,832/month

20 Days on Market

Highlights

  • Horses Allowed On Property
  • Landscaped Professionally
  • Vaulted Ceiling
  • Palos East Elementary School Rated A
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of February 2024

REMARKABLE, COMPLETELY UPDATED 5 BEDROOM, 3 BATH CUSTOM RANCH HOME ON PRIVATE 1 ACRE WOODED LOT THIS EXQUISITE, MOVE-IN READY RANCH HAS AN OPEN FLOOR PLAN, HARDWOOD FLOORS, SOLID 6 PANEL OAK DOORS, RECESSED LIGHTING, 9 FT CEILINGS WITH CUSTOM CROWN MOLDING, WAINSCOTTING, FULL FINISHED BASEMENT AND AMPLE LIVING SPACE! THE BEAUTIFULLY UPDATED GOURMET KITCHEN HAS CUSTOM CABINETS WITH SLOW CLOSE DRAWERS, GRANITE COUNTERTOPS AND KITCHENAID STAINLESS STEEL APPLIANCES! THE GRAND MASTER BEDROOM HAS FLOOR TO CEILING WINDOWS, WALK-IN CLOSET WITH CUSTOM SHELVING SYSTEM AND STUNNING EN-SUITE WITH CUSTOM TILE GLASS SHOWER, JACUZZI SOAKING TUB AND DOUBLE VANITY! THE FULL FINISHED BASEMENT IS PERFECT FOR ENTERTAINING AND HAS A CUSTOM WET BAR AND AMPLE LIVING SPACE. TWO SEPARATE OUTDOOR SPACES ARE GREAT FOR ENTERTAINING OR FOR . THE 5TH BEDROOM HAS A BEAUTIFUL WOOD BURNING FIREPLACE AND AMPLE WINDOWS AND CAN BE USED AS A BEDROOM OR OPTIONAL GREAT ROOM SPACE! THE THIS HOME IS TRULY PICTURE PERFECT, PROFESSIONALLY LANDSCAPED, AND HAS GORGEOUS WOODED VIEWS AND NO BACKYARD NEIGHBORS! FINISHED BASEMENT HAS ALL NEW CARPETING AND FRESH PAINT, NEW (2) DUAL ZONED FURNACE (2014), AC'S (2014), ALL NEW WINDOWS (2015)CONVENIENTLY LOCATED NEAR PLUSH HORSE,LOCAL RESTAURANTS, SHOPPING, AND EXPRESSWAYS!

Last Agent to Sell the Property

Adam McRae

McRae Realty LTD. License #471020110 Listed on: 11/24/2023

Last Buyer's Agent

Adam McRae

McRae Realty LTD. License #471020110 Listed on: 11/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,604

Year Built

  • Built in 1957 | Remodeled in 2015

Lot Details

  • 0.97 Acre Lot
  • Lot Dimensions are 230x202x220x202
  • Landscaped Professionally
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,400 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar Fridge
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Formal Dining Room
  • Wood Flooring
  • Storm Screens

Kitchen

  • Range
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Two Heating Systems
  • Lake Michigan Water

Additional Features

  • Patio
  • Horses Allowed On Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,604

Year Built

Built in 1957 | Remodeled in 2015

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: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 3400
  • Room Type: Bedroom 5, Great Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Full Body Spray Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Basement
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 799900
  • Lot Features: Horses Allowed, Irregular Lot, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • OpenParkingSpaces: 6
  • Parking Features: Driveway
  • ParkingTotal: 8
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Forced Air, Sep Heating Systems - 2+
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 118

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.9718
  • Lot Dimensions: 230X202X220X202
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9603.68
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2023
Closed on
Feb 13, 2024
Sold by
Nathan Joshua T
Bought by
Mitchell Anna Marie
Seller's Agent
Adam McRae
McRae Realty LTD.
Buyer's Agent
Adam McRae
McRae Realty LTD.
List Price
$799,900
Sold Price
$650,000
Premium/Discount to List
-$149,900
-18.74%
Views
180
Current Estimated Value
$716,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,079
Avg. Annual Appreciation
6.40%
Original Mortgage
$495,000
Outstanding Balance
$488,607
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$226,086

Purchase Details

Listed on
Jan 26, 2021
Closed on
Feb 19, 2021
Sold by
Loeb Betsy
Bought by
Nathan Joshua T
Seller's Agent
Carla Gorman
Baird & Warner
Buyer's Agent
Armandina Goetz
RE/MAX Action
List Price
$619,000
Sold Price
$580,000
Premium/Discount to List
-$39,000
-6.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$522,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2014
Closed on
Nov 3, 2014
Sold by
State Bank Of Countryside
Bought by
Loeb Betsy
Seller's Agent
Bridget Gricus
@properties Christie's International Real Estate
Buyer's Agent
Betsy Loeb
Baird & Warner
List Price
$649,000
Sold Price
$590,000
Premium/Discount to List
-$59,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.27%

Purchase Details

Closed on
Sep 25, 2012
Sold by
Chicago Title Land Trust Co
Bought by
State Bank Of Countryside and Trust Number 12-3215

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
3.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 14, 2005
Sold by
Demay James
Bought by
Chicago Title & Trust Co and Trust #1114799
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
Mitchell Anna Marie $660,000 None Listed On Document
Nathan Joshua T $580,000 Baird & Warner Ttl Svcs Inc
Loeb Betsy $590,000 None Available
State Bank Of Countryside $255,000 Chicago Title Land Trust Com
Chicago Title & Trust Co -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Anna Marie $495,000
Previous Owner Nathan Joshua T $522,000
Previous Owner State Bank Of Countryside $200,000
Previous Owner State Bank Of Countryside $100,000
Previous Owner State Bank Of Countryside $100,000
Previous Owner Loeb Betsy M $591,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $650,000 -18.7% $191 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
11/24/2023 11/24/23 For Sale $799,900 +37.9% $235 / Sq Ft
03/01/2021 03/01/21 Sold $580,000 -6.3% $171 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $619,000 +4.9% $182 / Sq Ft
11/10/2014 11/10/14 Sold $590,000 -5.6% $246 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
09/08/2014 09/08/14 Price Changed $625,000 -3.1% $260 / Sq Ft
08/01/2014 08/01/14 Price Changed $645,000 -0.6% $269 / Sq Ft
06/05/2014 06/05/14 For Sale $649,000 -- $270 / 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 $12,196 $42,728 $15,875 $26,853
2023 $9,604 $53,001 $15,875 $37,126
2022 $9,604 $35,331 $13,758 $21,573
2021 $9,860 $35,330 $13,757 $21,573
2020 $9,502 $35,330 $13,757 $21,573
2019 $14,384 $55,147 $12,699 $42,448
2018 $13,959 $55,147 $12,699 $42,448
2017 $13,538 $55,147 $12,699 $42,448
2016 $6,644 $24,931 $10,583 $14,348
2015 $6,570 $24,931 $10,583 $14,348
2014 $6,495 $24,931 $10,583 $14,348
2013 $7,578 $31,064 $10,583 $20,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11933188

Midwest Real Estate Data (MRED)

APN: 23-26-105-031-0000