NOT LISTED FOR SALE

8521 S Cherokee Rd Palos Park, IL 60464

Estimated Value: $626,000 - $720,000

4 Beds
3 Baths
3,100 Sq Ft
$214/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $615,000 $198 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,238/month

24 Days on Market

Highlights

  • Second Kitchen
  • Spa
  • Ranch Style House
  • Palos East Elementary School Rated A
  • Vaulted Ceiling
  • Marble Flooring

About This Home

As of October 2023

Incredible location in the heart of Palos Park. Stunning hillside ranch home. Very well maintained with recent updates. The grand family room is a showstopper with vaulted ceilings. Hardwood floors throughout. Full finished basement with a 2nd kitchen and an extra bedroom. This home has plenty of parking and 2 driveways. This beautiful home exudes charm and elegance, offering a perfect blend of modern amenities and timeless design.

Last Agent to Sell the Property

Bruno Styrczula

First Midwest Realty LLC License #471017939 Listed on: 07/14/2023

Last Buyer's Agent

Bernadette Winski

First Midwest Realty LLC License #475142274

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,065

Year Built

  • Built in 1950

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 110x195x122x179
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 3,100 Sq Ft Home
  • Vaulted Ceiling
  • 2 Fireplaces
  • Blinds
  • Family Room Downstairs
  • Living Room
  • Formal Dining Room
  • Second Kitchen
  • Laundry Room

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Pool

  • Spa

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,065

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hot Tub, Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Drapes/Blinds
  • LivingArea: 3100
  • Room Type: Bedroom 5, Kitchen, Family Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2468
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 649900
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt,Side Drive
  • 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

  • Middle/Junior School District: 118

Lot Info

  • Lot Size Acres: 0.49
  • Lot Dimensions: 110X195X122X179
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4065.08
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Oct 6, 2023
Sold by
Karwowski Angie
Bought by
Corcoran Christopher M
Seller's Agent
Bruno Styrczula
First Midwest Realty LLC
Buyer's Agent
Bernadette Winski
First Midwest Realty LLC
List Price
$649,900
Sold Price
$615,000
Premium/Discount to List
-$34,900
-5.37%
Views
419
Current Estimated Value
$663,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,605
Avg. Annual Appreciation
3.98%
Original Mortgage
$492,000
Outstanding Balance
$483,824
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$179,781

Purchase Details

Closed on
May 4, 1994
Sold by
Karwowski Jerzy
Bought by
Karwowski Angie
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
Corcoran Christopher M $615,000 Old Republic Title
Karwowski Angie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corcoran Christopher M $492,000
Previous Owner Karwowski Angie $50,000
Previous Owner Karwowski Angie $152,472
Previous Owner Karwowski Angie $48,547
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $615,000 -5.4% $198 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $649,900 -- $210 / 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 $8,432 $40,318 $8,004 $32,314
2023 $7,922 $40,318 $8,004 $32,314
2022 $7,922 $32,481 $6,937 $25,544
2021 $7,391 $32,479 $6,936 $25,543
2020 $7,234 $32,479 $6,936 $25,543
2019 $6,491 $31,058 $6,403 $24,655
2018 $6,297 $31,058 $6,403 $24,655
2017 $7,782 $35,074 $6,403 $28,671
2016 $7,287 $29,839 $5,336 $24,503
2015 $7,172 $29,839 $5,336 $24,503
2014 $7,104 $29,839 $5,336 $24,503
2013 $7,842 $34,776 $5,336 $29,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11832339

Midwest Real Estate Data (MRED)

APN: 23-26-305-001-0000