$164,500
SOLD OCT 11, 2016

8771 Waterfront Dr Unit 3A Palos Hills, IL 60465

2 Beds
2 Baths
1,700 Sq Ft
$165/mo HOA Fee

Recently Sold

$97 Per Sq Ft

7% Below List Price

102 Days on Market

Highlights

  • Vaulted Ceiling
  • Balcony
  • Forced Air Heating and Cooling System
  • Palos East Elementary School Rated A
  • Detached Garage
  • Senior Tax Exemptions

About This Home

As of October 2016

"PENTHOUSE VIEW" 3rd floor PRIVATE and QUIET no one above you! Bright 2 bedroom 2 bath condo made cozy with gas fireplace. PALLADIUM windows with VAULTED ceilings in dining room and master Bed. Master bath has walk in shower complete with built in seat. Seat on your private balcony and enjoy the tranquillity of the pond and nature in back. Located across the street from Moraine Valley Community College and walking distance to high school.

Last Agent to Sell the Property

Kerrie Heeney

Realtopia Real Estate Inc License #475162128 Listed on: 05/18/2016

Realtopia Real Estate Inc

Last Buyer's Agent

Ken Houbolt

Remax Commercial Advisers License #471016227

Remax Commercial Advisers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,023

Year Built

  • 1995

HOA Fees

  • $165 per month

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Flexicore

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Laminate Flooring

Outdoor Features

  • Balcony

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,023

Year Built

1995

Lot Details

0

HOA Fees

$165 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 3
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1995
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1995

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Wood Laminate Floors, Flexicore
  • Number Of Rooms: 5
  • Living Room: Dimensions: 14X24, On Level: Main Level, Flooring: Carpet
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 5X9, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 8X13, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 10X8, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X16, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: Yes
  • Exterior Property Features: Balcony

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 10
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 165
  • Management Contact Name: Anne
  • Management Phone: 708-974-4241

Fee Information

  • Management Company: Waterfront Association

Schools

  • School District: 230
  • Junior High Dist: 118

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 23231000321023

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 3

Tax Info

  • Taxes: 1747.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Oct 11, 2016
Sold by
Mitchell Rita G
Bought by
Guzy Bogdan
Seller's Agent
Kerrie Heeney
Realtopia Real Estate Inc
Buyer's Agent
Ken Houbolt
Remax Commercial Advisers
List Price
$176,400
Sold Price
$164,500
Premium/Discount to List
-$11,900
-6.75%
Total Days on Market
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$98,700
Outstanding Balance
$48,489
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$191,440

Purchase Details

Closed on
Jun 21, 2000
Sold by
Chicago Title Land Trust Company
Bought by
Mitchell Rita G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 1996
Sold by
Cole Taylor Bank
Bought by
The Chicago Trust Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $164,500 Prism Title
Deed $140,000 --
Trustee Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $98,700 New Conventional
Previous Owner $78,000 Unknown
Previous Owner $50,000 Unknown
Previous Owner $42,362 Unknown
Previous Owner $30,000 Unknown
Previous Owner $20,000 Unknown
Previous Owner $80,000 Purchase Money Mortgage
Previous Owner $80,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2025 05/26/25 For Sale $269,900 +64.1% --
10/11/2016 10/11/16 Sold $164,500 -6.7% $97 / Sq Ft
08/28/2016 08/28/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $176,400 -- $104 / 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 $2,023 $18,631 $2,108 $16,523
2023 $2,023 $18,631 $2,108 $16,523
2022 $2,023 $9,923 $3,794 $6,129
2021 $1,913 $9,923 $3,794 $6,129
2020 $1,908 $9,923 $3,794 $6,129
2019 $2,617 $13,019 $3,477 $9,542
2018 $2,489 $13,019 $3,477 $9,542
2017 $2,932 $14,967 $3,477 $11,490
2016 $2,993 $10,950 $3,056 $7,894
2015 $1,743 $10,950 $3,056 $7,894
2014 $1,747 $10,950 $3,056 $7,894
2013 $3,487 $16,607 $3,056 $13,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09230406

Midwest Real Estate Data (MRED)

APN: 23-23-100-032-1023