NOT LISTED FOR SALE

8817 W 98th St Palos Hills, IL 60465

Estimated Value: $349,000 - $441,000

4 Beds
2 Baths
1,339 Sq Ft
$292/Sq Ft Est. Value

Last Sold January 26, 2016

Last sale price $240,000 $179 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,757/month

86 Days on Market

Highlights

  • Second Kitchen
  • Recreation Room
  • Main Floor Bedroom
  • Oak Ridge Elementary School Rated A
  • Wood Flooring
  • Fenced Yard

About This Home

As of January 2016

A TRUE RANCH on a Hillside that has a Huge Lower Level Finished Walk-out with a 2nd Kitchen, 4th Bedroom, Living Room and a 18' x 22' Family Room Under the Flexicore garage floor with a fireplace...that has a sliding door that leads on to the 22'x22' patio. The Main Level has 1339 sq ft...of Hardwood floors except the Kitchen. The Lower Level walk-out also has 1339 sq ft PLUS a 396 sq ft Family Room under the Flexicore floor garage. Making a total of approximately 3074 sq ft of finished Living area. Architectural Design shingles on the roof, a New Lennox furnace in 2013, a L.G. Washer in 2014, an Epoxy garage floor and a 12' x 10' Storage Shed compliment this home.

Last Agent to Sell the Property

Bruce Denison

Ravinia Realty & Mgmt LLC License #471010554 Listed on: 08/26/2015

Co-Listed By

Susan Miller

Ravinia Realty & Mgmt LLC License #471004511

Last Buyer's Agent

Jose Tovar

RE/MAX 10 License #475144664

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,289

Year Built

  • 1973

Lot Details

  • Southern Exposure
  • Fenced Yard
  • Irregular Lot

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Walk-Out Ranch
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Recreation Room
  • Wood Flooring
  • Storm Screens

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Balcony
  • Patio

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,289

Year Built

1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Walk-Out Ranch
  • Type Detached: 1 Story, Hillside
  • Estimated Year Built: 1973
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement
  • Number Of Rooms: 10
  • Living Room: Dimensions: 12X26, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Dishwasher, Washer, Dryer
  • Equipment: Humidifier, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 11X9, On Level: Walkout Basement, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 15X8, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 2nd Kitchen, Foyer, Recreation Room
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: 2nd Kitchen, Dimensions: 13X11, On Level: Walkout Basement, Flooring: Vinyl, Windows: None
  • Additional Room 2 Name: Recreation Rm, Dimensions: 35X13, On Level: Walkout Basement, Flooring: Vinyl, Windows: None
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 3 Name: Foyer, Dimensions: 10X6, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 4: Dimensions: 13X11, On Level: Walkout Basement, Flooring: Vinyl, Windows: None
  • Estimated Sq Ft: 1339
  • Family Room: Dimensions: 18X22, On Level: Walkout Basement, Flooring: Other

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Patio, Storms/Screens
  • Exposure: N (North), S (South)
  • Acreage: 0.2316

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 230
  • Elementary School: OAK RIDGE ELEMENTARY SCHOOL
  • Middle School: H H CONRADY JUNIOR HIGH SCHOOL
  • High School: AMOS ALONZO STAGG HIGH SCHOOL
  • Junior High Dist: 117
  • Other Public School District: 524
  • Other Public School: MORAINE VALLEY COMM COLLEGE

Lot Info

  • Lot Dimensions: 76' X 131' X 78' X 131'
  • Lot Description: Fenced Yard, Irregular
  • Parcel Identification Number: 23102030860000

Tax Info

  • Taxes: 4913.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2015
Closed on
Jan 14, 2016
Sold by
Hubbard Margaret M
Bought by
Del Real Jose and Del Real Carolina
Seller's Agent
Bruce Denison
Ravinia Realty & Mgmt LLC
Buyer's Agent
Jose Tovar
RE/MAX 10
List Price
$299,000
Sold Price
$240,000
Premium/Discount to List
-$59,000
-19.73%
Current Estimated Value
$391,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,176
Avg. Annual Appreciation
4.80%
Original Mortgage
$192,000
Outstanding Balance
$86,090
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$291,483

Purchase Details

Closed on
Jan 31, 2007
Sold by
Owens Thomas M
Bought by
Hubbard Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 1, 2005
Sold by
Standard Bank & Trust Co
Bought by
Owens Thomas M

Purchase Details

Closed on
Nov 3, 1998
Sold by
Owens Thomas M
Bought by
Standard Bank & Trust Company and Trust #16093
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
Del Real Jose $240,000 Fidelity National Title
Hubbard Margaret M $323,000 Pntn
Owens Thomas M -- --
Standard Bank & Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Del Real Jose $192,000
Previous Owner Hubbard Margaret $50,000
Previous Owner Hubbard Margaret M $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2016 01/26/16 Sold $240,000 -3.8% $179 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
10/30/2015 10/30/15 Price Changed $249,500 -2.2% $186 / Sq Ft
10/26/2015 10/26/15 Price Changed $255,000 -1.0% $190 / Sq Ft
10/16/2015 10/16/15 Price Changed $257,500 -0.9% $192 / Sq Ft
09/28/2015 09/28/15 Price Changed $259,900 -1.9% $194 / Sq Ft
09/22/2015 09/22/15 Price Changed $265,000 -1.5% $198 / Sq Ft
09/17/2015 09/17/15 Price Changed $269,000 -3.6% $201 / Sq Ft
09/09/2015 09/09/15 Price Changed $279,000 -3.5% $208 / Sq Ft
09/03/2015 09/03/15 Price Changed $289,000 -3.3% $216 / Sq Ft
08/26/2015 08/26/15 For Sale $299,000 -- $223 / 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 $8,289 $32,000 $7,061 $24,939
2023 $8,516 $32,000 $7,061 $24,939
2022 $8,516 $26,757 $6,052 $20,705
2021 $8,284 $26,757 $6,052 $20,705
2020 $8,188 $26,757 $6,052 $20,705
2019 $6,819 $23,208 $5,547 $17,661
2018 $6,562 $23,208 $5,547 $17,661
2017 $6,348 $23,208 $5,547 $17,661
2016 $6,596 $19,092 $4,791 $14,301
2015 $4,971 $19,092 $4,791 $14,301
2014 $4,913 $19,092 $4,791 $14,301
2013 $5,722 $22,764 $4,791 $17,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09022721

Midwest Real Estate Data (MRED)

APN: 23-10-203-086-0000