NOT LISTED FOR SALE

8819 W 119th St Palos Park, IL 60464

Estimated Value: $963,000 - $1,080,000

5 Beds
6 Baths
4,583 Sq Ft
$218/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $590,000 $129 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,827/month

178 Days on Market

Highlights

  • Water Views
  • Horses Allowed On Property
  • Property is near a forest
  • Palos East Elementary School Rated A
  • In Ground Pool
  • Pond

About This Home

As of October 2016

THIS IS WHY YOU BUY IN THE "THE PARK"! JUST ACROSS THE STREET FROM HUNDREDS OF ACRES OF FOREST PRESERVES TO WATCH NATURE IN ALL HER GLORY! THIS IS AN ICONIC 1950'S ESTATE ON 3 1/2 WOODED ACRES W/ HUGE UNTAPPED POTENTIAL AS HORSE PROPERTY OR TO SUB DIVIDE! NOT ONLY IS THE PALOS PARK WOODS FOREST PRESERVE GROVE RIGHT ACROSS THE STREET WHICH HAS DIRECT ACCESS TO COOK COUNTIES CROWN JEWEL & HIGHLY SOUGHT AFTER- HORSE, BIKE & WALKING (SWALLOW CLIFF & SAG VALLEY) TRAIL SYSTEM, YOU CAN EVEN WALK TO THE HIGHLY REGARDED SOUTHWEST MONTESSORI SCHOOL RIGHT NEXT DOOR. THERE'S MAHOGANY & CHERRY HARDWD FLRS THROUGHOUT,THE KITCHEN IS ALL REMODELED W/ GRANITE, STAINLESS, & WINE FRIG. EVERY BR HAS IT'S OWN BATHRM. BUILT IN POOL,HOT TUB,PATIO, DECK, CHANGING ROOM & COVERED CABANA. A SMALL BASEMENT MAKES A GREAT WINE CELLER. THROW IN 4 NEWER FURNACES, 3 FIREPLACES, A SCENIC POND & THIS MAKES AN INCREDIBLE ONE OF A KIND ESTATE! LOTS OF VINTAGE CHARM, BUT BRING YOUR OWN VISION & STYLE TO MAKE IT YOUR OWN!

Last Agent to Sell the Property

Jason Vander Meer

RE/MAX 10 in the Park License #471012564 Listed on: 04/09/2016

RE/MAX 10 in the Park

Last Buyer's Agent

Jeff Crawford

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,922

Year Built

  • 1957

Lot Details

  • East or West Exposure
  • Irregular Lot
  • Wooded Lot

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Vaulted Ceiling
  • See Through Fireplace
  • Home Office
  • Sun or Florida Room
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Basement Cellar
  • Crawl Space

Outdoor Features

  • In Ground Pool
  • Pond
  • Screened Patio

Utilities

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

Additional Features

  • Property is near a forest
  • Horses Allowed On Property

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,922

Year Built

1957

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1957
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Living Room: Dimensions: 33X20, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Compactor-Trash
  • Equipment: TV-Dish, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: See through/Multi Sided
  • Fireplace Location: Family Room, Living Room
  • Basement: Partial
  • Basement: Crawl, Cellar
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Full Body Spray Shower
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 10X8, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 18X17, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 24X23, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: 5th Bedroom, Office, Sun/Florida Room
  • Master Bedroom: Dimensions: 20X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X15, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Office, Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 21X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 21X15, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Sunroom, Dimensions: 24X14, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 21X15, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 4583
  • Dining Room Type: Separate
  • Family Room: Dimensions: 40X14, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: 3.0-3.99 Acres
  • Exterior Building Type: Brick
  • Waterfront: Yes
  • Exterior Property Features: Patio, Screened Patio, Pool In-Ground
  • Exposure: E (East)
  • Acreage: 3.5

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 400 Amp Service or Greater
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems, Zoned

Schools

  • School District: 230
  • Elementary School: PALOS EAST ELEMENTARY SCHOOL
  • Middle School: PALOS SOUTH MIDDLE SCHOOL
  • High School: AMOS ALONZO STAGG HIGH SCHOOL
  • Junior High Dist: 118

Lot Info

  • Lot Dimensions: 352X27X4440X349X469
  • Lot Description: Forest Preserve Adjacent, Horses Allowed, Irregular, Pond, Water View, Wooded
  • Parcel Identification Number: 23272030440000

Tax Info

  • Taxes: 17328.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2023
Sold by
Hulse Owen E and Hulse Lorene
Bought by
Hammone Llc
Total Days on Market
178
Current Estimated Value
$999,272

Purchase Details

Listed on
Apr 9, 2016
Closed on
Oct 28, 2016
Sold by
Karas Marie T
Bought by
Hulsa Owen E and Hulse Lorene
Seller's Agent
Jason Vander Meer
RE/MAX 10 in the Park
Buyer's Agent
Jeff Crawford
McColly Real Estate
List Price
$747,777
Sold Price
$590,000
Premium/Discount to List
-$157,777
-21.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Oct 7, 2014
Sold by
Karas Ilias N and Karas Marie T
Bought by
Karas Ilias N and Ilias N Karas Trust

Purchase Details

Closed on
Nov 14, 2005
Sold by
Karas Marie T
Bought by
Karas Ilias N and Karas Marie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 11, 2004
Sold by
Standard Bank & Trust Co Hickory Hills
Bought by
Karas Marie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 10, 2004
Sold by
Karas Claire
Bought by
Fitzgerlad James and Fitzgerlad Christopher R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,055,000
Interest Rate
5.95%
Mortgage Type
Unknown
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
Hammone Llc $835,000 Citywide Title
Hulsa Owen E $590,000 Stewart Title
Karas Ilias N -- None Available
Karas Ilias N -- Chicago Title Ins Co 2005
Karas Marie T -- Ticor Title
Fitzgerlad James $1,075,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karas Ilias N $412,000
Previous Owner Karas Ilias N $417,000
Previous Owner Karas Ilias N $417,000
Previous Owner Karas Ilias N $417,000
Previous Owner Karas Ilias N $417,000
Previous Owner Karas Ilias N $410,100
Previous Owner Karas Marie T $500,000
Previous Owner Karas Ilias N $400,000
Previous Owner Karas Ilias N $330,350
Previous Owner Karas Marie T $333,700
Previous Owner Fitzgerlad James $1,055,000
Previous Owner Standard Bank & Trust $200,000
Previous Owner Standard Bank & Trust $300,000
Previous Owner Standard Bank & Trust Company $250,000
Closed Karas Marie T $236,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $590,000 -9.2% $129 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
09/01/2016 09/01/16 Price Changed $649,777 -4.1% $142 / Sq Ft
08/12/2016 08/12/16 Price Changed $677,777 -3.1% $148 / Sq Ft
05/12/2016 05/12/16 Price Changed $699,777 -3.5% $153 / Sq Ft
04/21/2016 04/21/16 Price Changed $725,000 -3.0% $158 / Sq Ft
04/09/2016 04/09/16 For Sale $747,777 -- $163 / 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 $14,922 $78,947 $39,447 $39,500
2023 $14,922 $94,696 $55,196 $39,500
2022 $14,922 $49,581 $47,836 $1,745
2021 $13,836 $49,580 $47,836 $1,744
2020 $13,335 $49,580 $47,836 $1,744
2019 $19,502 $74,766 $44,156 $30,610
2018 $18,926 $74,766 $44,156 $30,610
2017 $18,354 $74,766 $44,156 $30,610
2016 $17,746 $69,085 $36,797 $32,288
2015 $17,515 $69,085 $36,797 $32,288
2014 $17,328 $69,085 $36,797 $32,288
2013 $14,156 $60,655 $18,398 $42,257
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09189956

Midwest Real Estate Data (MRED)

APN: 23-27-203-044-0000