NOT LISTED FOR SALE

8802 Mccarthy Rd Palos Park, IL 60464

Estimated Value: $502,100 - $654,000

3 Beds
2 Baths
2,270 Sq Ft
$256/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $390,000 $172 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,931/month

33 Days on Market

Highlights

  • Sauna
  • Living Room with Fireplace
  • Wood Flooring
  • Palos East Elementary School Rated A
  • Wooded Lot
  • Corner Lot

About This Home

As of January 2015

Absolutely beautifully remodeled true ranch in the heart of the Park...walk to Village Hall, Rec Center, Library, park, and even the Plush Horse!Gorgeous granite/stnls kit, stone tiled baths, hdwd everywhere, bright, airy family room w/ French doors opening to inviting outdoor space w/ Pergola & fire pit. Fin bsmnt w/ guest bedrm and rec area.Huge yard w/ lovely perennial gardens.Furnace 2012,HWH 2013.Move in ready!

Last Agent to Sell the Property

Reta Wegele

Coldwell Banker Residential Listed on: 11/07/2014

Last Buyer's Agent

Reta Wegele

Coldwell Banker Residential Listed on: 11/07/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,510

Year Built

  • Built in 1957

Lot Details

  • Lot Dimensions are 151x150x149x152
  • Corner Lot
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,270 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Sauna
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Schools

  • Palos South Middle School
  • Amos Alonzo Stagg High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Ranch

Recreation

  • Tennis Courts
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,510

Year Built

Built in 1957

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: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rehab (Y/N): Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Interior Amenities: Sauna/Steam Room, Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 2270
  • Room Type: Office
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Living Room,Basement

Exterior Features

  • List Price: 415000
  • Lot Features: Corner Lot, Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Tennis Courts, Horse-Riding Area, Horse-Riding Trails, Street Lights, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • High School: AMOS ALONZO STAGG HIGH SCHOOL
  • Middle/Junior School: PALOS SOUTH MIDDLE SCHOOL
  • Middle/Junior School District: 118
  • Elementary School #2: PALOS EAST ELEMENTARY SCHOOL

Lot Info

  • Lot Dimensions: 151X150X149X152
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 6510
  • Tax Year: 2012
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2014
Closed on
Jan 30, 2015
Sold by
Mcgowan Timothy and Mcgowan Jessie M
Bought by
Jager Bradley M and Jager Julie A
Seller's Agent
Reta Wegele
Coldwell Banker Residential
Buyer's Agent
Reta Wegele
Coldwell Banker Residential
List Price
$415,000
Sold Price
$390,000
Premium/Discount to List
-$25,000
-6.02%
Total Days on Market
33
Current Estimated Value
$580,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,025
Avg. Annual Appreciation
3.55%
Original Mortgage
$276,000
Outstanding Balance
$217,080
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$342,258

Purchase Details

Closed on
Jan 8, 2007
Sold by
Korallus Guenter and Korallus Elfriede
Bought by
Mcgowan Timothy and Mcgowan Jessie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
6.21%
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 Buyer Sale Price Title Company
Jager Bradley M $390,000 First American Title
Mcgowan Timothy $425,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jager Bradley M $276,000
Previous Owner Mcgowan Timothy $398,300
Previous Owner Mcgowan Timothy $403,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold $390,000 -6.0% $172 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
11/06/2014 11/06/14 For Sale $415,000 -- $183 / 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 $8,104 $46,000 $8,355 $37,645
2023 $8,104 $46,000 $8,355 $37,645
2022 $8,104 $30,347 $7,241 $23,106
2021 $7,539 $30,346 $7,241 $23,105
2020 $7,327 $30,346 $7,241 $23,105
2019 $6,301 $27,586 $6,684 $20,902
2018 $6,113 $27,586 $6,684 $20,902
2017 $5,943 $27,586 $6,684 $20,902
2016 $6,077 $25,300 $5,570 $19,730
2015 $5,976 $25,300 $5,570 $19,730
2014 $5,922 $25,300 $5,570 $19,730
2013 $6,710 $30,134 $5,570 $24,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08770750

Midwest Real Estate Data (MRED)

APN: 23-27-206-045-0000