NOT LISTED FOR SALE

8701 W 120th St Palos Park, IL 60464

Estimated Value: $612,000 - $685,000

4 Beds
2.5 Baths
2,437 Sq Ft
$273/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $660,000 $271 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,311/month

20 Days on Market

Highlights

  • Pool House
  • Property is near a park
  • Wood Flooring
  • Palos East Elementary School Rated A
  • Wooded Lot
  • Whirlpool Bathtub

About This Home

As of August 2024

MULTIPLE OFFERS RECEIVED - BEST AND HIGHEST DUE BY 5PM MONDAY, 6/10. Welcome to your dream home, a secluded sanctuary just steps away from the amenities and prestigious Palos schools! Nestled on nearly an acre of land, this oasis is an opportunity you won't want to miss. A winding driveway welcomes you to a stunning residence surrounded by lush landscaping. Upon entering, you'll be greeted by an inviting open concept living and dining area with beautiful hardwood floors throughout. The living room is bathed in natural light from large front windows, creating a warm and welcoming atmosphere. The formal dining room is perfect for hosting meals with ease. The updated chef's kitchen boasts granite countertops, custom cabinetry, a skylight, large island, and a breakfast bar, making meal preparation a delight. Upstairs, unwind in the elegant primary suite featuring a walk-in closet and an updated ensuite bathroom with a jetted tub, dual sinks, and a step-in shower. Two additional spacious bedrooms and a full bath complete the upper level. The expansive lower level family room, anchored by a timeless stone fireplace, offers walkout access to the backyard, making it an ideal space for entertaining. This level also includes an additional bedroom, laundry room, and a half bath. This home has been meticulously maintained with a kitchen renovation in 2010, a primary bath and utility room remodel in 2017, furnace 2022, water heater 2021, pool painted 2021, roof 2020, windows 2010, driveway 2009, leafguard gutters 2004, pool decking/marcite 2001. Step outside to your personal oasis, complete with a stone patio perfect for al fresco dining, a stone retaining wall, and a large backyard with bonus shed for all your hobbies and tools. Enjoy summer days in the stunning inground pool with a slide, fully fenced area, and pool shed. Parking is a breeze with the attached heated 2-car garage and large driveway. Conveniently located close to shopping, dining, schools, the Cal-Sag bike trail, forest preserves with horse trails, Metra station, interstate, and more, this home offers the perfect blend of seclusion and accessibility. A preferred lender offers a reduced interest rate for this listing. Don't miss your chance to see this beautiful property today!

Last Agent to Sell the Property

Melissa Kingsbury

Redfin Corporation License #475177202 Listed on: 06/07/2024

Redfin Corporation

Last Buyer's Agent

Rizwan Gilani

ALLURE Real Estate License #475126352

ALLURE Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,005

Year Built

  • Built in 1970 | Remodeled in 2010

Lot Details

  • 0.88 Acre Lot
  • Kennel or Dog Run
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Drought Tolerant Landscaping

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Split Level Home
  • Asphalt Roof

Interior Spaces

  • 2,437 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Includes Fireplace Accessories
  • ENERGY STAR Qualified Windows
  • Shades
  • Blinds
  • Wood Frame Window
  • Window Screens
  • Family Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Low Flow Toliet
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Sink Near Laundry
  • Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Pool House
  • Stamped Concrete Patio
  • Separate Outdoor Workshop
  • Shed
  • Outdoor Grill

Location

  • Property is near a park
  • Property is near a forest

Schools

  • Palos East Elementary School
  • Palos South Middle School
  • Amos Alonzo Stagg High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Amenities

  • Laundry Facilities

Recreation

  • Tennis Courts
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,005

Year Built

Built in 1970 | Remodeled in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s), Built-In Oven, Range Hood
  • Basement: Partial, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Includes Accessories
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors, Walk-In Closet(s)
  • LivingArea: 2437
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan(s), Fan-Attic Exhaust, Sump Pump, Backup Sump Pump;
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2437
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2437
  • Fireplace Location: Family Room
  • Total Sq Ft: 2437
  • Upper Level Sq Ft: 926
  • Attic: Unfinished
  • Main Level Sq Ft: 755
  • Lower Level Sq Ft: 756
  • Door Features: ENERGY STAR Qualified Doors,Sliding Doors,Storm Door(s),Lever Style Door Handles,Panel Door(s),Pocket Door(s),6 Panel Door(s)
  • Window Features: Blinds,ENERGY STAR Qualified Windows,Screens,Skylight(s),Shades,Wood Frames
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, Stamped Concrete Patio, Outdoor Grill, Workshop
  • List Price: 599900
  • Lot Features: Forest Preserve Adjacent, Wooded
  • OtherStructures: Dog Kennel, Pool House, Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt,Heated
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup, Common Area, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Horse-Riding Trails, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Palos East Elementary School
  • High School: Amos Alonzo Stagg High School
  • Middle/Junior School: Palos South Middle School
  • Middle/Junior School District: 118

Green Features

  • GreenEnergyEfficient: Low flow commode, Native/drought resistant landscaping

Lot Info

  • Lot Size Acres: 0.88
  • Lot Dimensions: 38332
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 6005
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Aug 6, 2024
Sold by
Friedman Debra R and Peterson Robert K
Bought by
Tarasevicius Lukas
Seller's Agent
Melissa Kingsbury
Redfin Corporation
Buyer's Agent
Rizwan Gilani
ALLURE Real Estate
List Price
$599,900
Sold Price
$660,000
Premium/Discount to List
$60,100
10.02%
Views
40
Current Estimated Value
$664,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,752
Avg. Annual Appreciation
0.69%
Original Mortgage
$594,000
Outstanding Balance
$588,475
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$76,278
Source: Public Records

Range of Values:

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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
Tarasevicius Lukas $660,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarasevicius Lukas $594,000
Previous Owner Peterson Robert K $143,000
Previous Owner Peterson Robert K $158,000
Previous Owner Peterson Robert K $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $660,000 +10.0% $271 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $599,900 -- $246 / 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 $8,354 $40,000 $14,376 $25,624
2023 $6,005 $40,000 $14,376 $25,624
2022 $6,005 $26,110 $12,460 $13,650
2021 $6,357 $26,109 $12,459 $13,650
2020 $6,188 $26,109 $12,459 $13,650
2019 $7,583 $32,501 $11,501 $21,000
2018 $7,357 $32,501 $11,501 $21,000
2017 $7,605 $34,356 $11,501 $22,855
2016 $6,944 $28,554 $9,584 $18,970
2015 $6,834 $28,554 $9,584 $18,970
2014 $6,769 $28,554 $9,584 $18,970
2013 $7,242 $32,315 $9,584 $22,731
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12062294

Midwest Real Estate Data (MRED)

APN: 23-26-104-015-0000