NOT LISTED FOR SALE

8710 W 123rd St Palos Park, IL 60464

Estimated Value: $535,000 - $673,000

4 Beds
4 Baths
3,255 Sq Ft
$190/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $500,000 $154 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,480/month

37 Days on Market

Highlights

  • Community Lake
  • Contemporary Architecture
  • Whirlpool Bathtub
  • Palos East Elementary School Rated A
  • Wooded Lot
  • Sun or Florida Room

About This Home

As of September 2021

This custom home on a beautiful oversized acre lot designed by the owner/architect is waiting for you. The grand foyer welcomes you into this period masterpiece. Then proceed to the main living area and find that this well designed home has been well thought out to provide for privacy yet gives an open concept feeling. Once you let your creativity and imagination free you can see yourself living happily in this four bedroom four bathroom home for years to come. Don't forget the privacy of this outstanding property . If you are looking for a unique design on a secluded lot wait no more.

Last Agent to Sell the Property

George Venturella

Century 21 Circle License #475144709 Listed on: 07/06/2021

Century 21 Circle

Last Buyer's Agent

Tennille Winfrey

Charles Rutenberg Realty License #475125588

Charles Rutenberg Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,778

Year Built

  • Built in 1973

Lot Details

  • 1.13 Acre Lot
  • Lot Dimensions are 166x303
  • Wooded Lot

Parking

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

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,255 Sq Ft Home
  • 1.5-Story Property
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Gallery

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Schools

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

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Community Details

  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,778

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1973
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 950
  • Fireplaces: 1
  • LivingArea: 3255
  • Room Type: Gallery, Great Room, Sun Room
  • Estimated Total Finished Sq Ft: 4205
  • Assessed Sq Ft: 3255
  • Basement Description: Partially Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3255
  • Basement Sq Ft: 1400
  • Fireplace Location: Living Room
  • Total Sq Ft: 4655
  • Unfinished Basement Sq Ft: 450
  • Upper Level Sq Ft: 1000
  • Main Level Sq Ft: 2255
  • Kitchen: Eating Area-Table Space
  • MRD_MBB: Full
  • Master Bedroom Dimensions: 16X14

Exterior Features

  • List Price: 539900
  • Lot Features: Wooded
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 3
  • Number of Cars: 5
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • 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: 3+ (Window/Wall Unit)
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Acres: 1.131
  • Lot Dimensions: 166X303
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 14778
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Sep 9, 2021
Sold by
Kerelis Irena
Bought by
Black Maurice J and Black Carla
Seller's Agent
George Venturella
Century 21 Circle
Buyer's Agent
Tennille Winfrey
Charles Rutenberg Realty
List Price
$539,900
Sold Price
$500,000
Premium/Discount to List
-$39,900
-7.39%
Current Estimated Value
$631,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,382
Avg. Annual Appreciation
6.24%
Original Mortgage
$450,000
Outstanding Balance
$416,316
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$216,783

Purchase Details

Closed on
Jul 10, 2001
Sold by
Marquette Bank
Bought by
The Irena Kerelis Trust
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
Black Maurice J $500,000 Chicago Title
The Irena Kerelis Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Maurice J $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $500,000 -7.4% $154 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $539,900 -- $166 / 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 $12,273 $50,000 $18,473 $31,527
2023 $12,512 $53,000 $18,473 $34,527
2022 $12,512 $41,574 $16,010 $25,564
2021 $11,602 $41,574 $16,010 $25,564
2020 $11,182 $41,574 $16,010 $25,564
2019 $11,267 $43,194 $14,778 $28,416
2018 $10,934 $43,194 $14,778 $28,416
2017 $9,112 $43,194 $14,778 $28,416
2016 $8,300 $35,426 $12,315 $23,111
2015 $8,151 $35,426 $12,315 $23,111
2014 $8,082 $35,426 $12,315 $23,111
2013 $8,146 $37,899 $12,315 $25,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11145129

Midwest Real Estate Data (MRED)

APN: 23-26-106-014-0000