$590,000
SOLD SEP 20, 2023

8816 W 123rd St Palos Park, IL 60464

3 Beds
3 Baths
2,000 Sq Ft
0.75 Acres

Recently Sold

$295 Per Sq Ft

1% Below List Price

17 Days on Market

Highlights

  • Living Room with Fireplace
  • Vaulted Ceiling
  • Stainless Steel Appliances
  • Palos East Elementary School Rated A
  • Steam Shower
  • 2 Car Attached Garage

About This Home

As of September 2023

Fall in love with the rehabbed and enlarged 4 bedroom and 3 bathroom ranch with a full finished basement. Almost 1 acre of land. Full rehab and addition was done in 2021. New plumbing, new electric, new roof, new bamboo flooring, new furnace and AC, etc. Vaulted ceilings in the living room and kitchen. Kitchen with Amish made cabinetry, granite countertops, quartz island, Tuscan stainless steel appliances and a Viking 6 burner stove. Master bedroom has backyard access. The other access is from the Foyer. Bar with a sink and wine cooler in the family room. You will be smitten with the private backyard. The backyard has towering oak trees and shade almost all day. There are two fireplaces. One in the living room (wood,gas) and one in the family room (wood) in the lower level. Walking distance to the Farmers Market, Rec Center, Plush Horse and the Metra. Driveway will be redone before the closing. Just a great home.

Last Agent to Sell the Property

John Maka

arhome realty License #475129992 Listed on: 07/28/2023

Last Buyer's Agent

Kimberly Cardilli

Redfin Corporation License #475194916

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,192

Year Built

  • Built in 1954 | Remodeled in 2021

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 111x299

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Kitchen and Dining Room
  • Storage Room

Kitchen

  • Range
  • Stainless Steel Appliances

Flooring

  • Sustainable
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Ranch

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,192

Year Built

Built in 1954 | Remodeled in 2021

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: 1954
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Softener
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 2000
  • Room Type: Foyer, Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Steam Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 0
  • Flooring: Sustainable

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 595000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • 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
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan, Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 135

Lot Info

  • Lot Size Acres: 0.754
  • Lot Dimensions: 111X299
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6192.13
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

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%
Total Days on Market
17
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

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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 $275,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $261,250 New Conventional
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
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 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11841881

Midwest Real Estate Data (MRED)

APN: 23-27-206-042-0000