NOT LISTED FOR SALE

8816 W 123rd St Palos Park, IL 60464

Estimated Value: $499,000 - $680,000

4 Beds
3 Baths
2,000 Sq Ft
$296/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $590,000 $295 Per Sq Ft

Current estimated payment $3,690/month

About This Home

As of September 2023

Welcome to a rare find in Palos Park! A totally renovated, luxury 4 bedroom 3 bathroom ranch on a large wooded lot, available for immediate occupancy. This homestead is nestled on nearly an acre of wooded land, creating a feeling of privacy and seclusion from the street below. Enter the foyer and take in the vaulted ceilings with plenty of natural light from the large living room bay window. Enjoy a fully updated kitchen with high end appliances including 5 series Professional Viking 6 burner stove and pot filler, Samsung Family Hub 2-Drawer Refrigerator, Custom-Amish cabinets and Quartz island. This home is uniquely designed for entertaining! The outdoor gazebo boasts seating for 12-14 friends and family along with a flat screen TV, fire pit, and enough dining space for 6-8 guests both indoor and out. Enjoy grilling for family on your Weber GENESIS E stainless grill under a canopy of trees, under the stars! The master bedroom has vaulted ceilings, luxury ensuite bath, walk in closet and access to the lush wooded backyard through the sliding glass door. The shared guests bath has modern design and fixtures: dual waterfall sinks, LED Bluetooth enabled mirror, spa quality towel warming rack, and jetted tub with glass enclosure. There are so many amenities, you must come see for yourself! The full finished basement has a 4th bedroom, beautiful full modern bathroom, wet bar and wine refrigerator as well as plenty of additional storage. Pets are welcome with an additional pet rent and non-refundable fee. Rent will include exterior maintenance and snow removal. This fabulous home is in a great location, close to the Metra, parks, and restaurants.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Aug 26, 2019
Sold by
Mical Lawrence J and Mical Katherine M
Bought by
Zawada Boguslawa
Seller's Agent
Jaime Birks
eXp Realty LLC
Buyer's Agent
Adam Matuszek
PROSALES REALTY
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Current Estimated Value
$591,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,366
Avg. Annual Appreciation
13.31%
Original Mortgage
$261,250
Outstanding Balance
$235,101
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$330,320
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zawada Boguslawa $275,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zawada Boguslawa $261,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Rented $5,350 0.0% --
09/25/2023 09/25/23 For Rent $5,350 0.0% --
09/20/2023 09/20/23 Sold $590,000 -0.8% $295 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $595,000 +116.4% $298 / Sq Ft
08/26/2019 08/26/19 Sold $275,000 -5.1% $212 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $289,900 -3.3% $223 / Sq Ft
06/25/2019 06/25/19 For Sale $299,900 -- $231 / Sq Ft

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 $6,629 $35,001 $12,317 $22,684
2023 $6,629 $35,001 $12,317 $22,684
2022 $6,629 $33,543 $10,674 $22,869
2021 $6,192 $28,183 $10,674 $17,509
2020 $6,078 $28,183 $10,674 $17,509
2019 $5,348 $26,676 $9,853 $16,823
2018 $5,187 $26,676 $9,853 $16,823
2017 $6,549 $26,676 $9,853 $16,823
2016 $5,296 $19,872 $8,211 $11,661
2015 $5,237 $19,872 $8,211 $11,661
2014 $5,177 $19,872 $8,211 $11,661
2013 $4,200 $21,724 $8,211 $13,513
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map