NOT LISTED FOR SALE

8901 Shermer Rd Morton Grove, IL 60053

Estimated Value: $380,000 - $454,000

3 Beds
2 Baths
1,120 Sq Ft
$377/Sq Ft Est. Value

Last Sold August 01, 2012

Last sale price $180,000 $161 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,000/month

21 Days on Market

Highlights

  • Corner Lot
  • Hynes Elementary School Rated A
  • Central Air

About This Home

As of August 2012

Location....Location....Location! Huge Price Reduction of $25,000! This home is in the best school district in the area featuring Hynes Elementary and Niles North High School. Great corner lot, large 2.5 car garage, full basement, new roof. Interior needs a little TLC, has tremendous potential for right buyer. There is some water damage and mold in the basement. Motivated Owner, Bring All Offers!

Last Agent to Sell the Property

Jay Patel

eXp Realty License #471016289 Listed on: 05/31/2012

eXp Realty

Last Buyer's Agent

Irina Balyasnikova

Frontage Realty License #475141469

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $8,976

Year Built

  • 1956

Lot Details

  • 8,712

Parking

  • 2

Home Design

  • Brick Exterior Construction

Finished Basement

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

Schools

  • Hynes Elementary School
  • Niles North High School

Additional Features

  • Corner Lot
  • Central Air

Property Details

Home Type

Other

Est. Annual Taxes

$8,976

Year Built

1956

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 7
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 13X11
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X11
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 11X10
  • Third Bedroom Flooring: Hardwood
  • Fourth Bedroom Level: Basement
  • Fourth Bedroom Size: 15X12
  • Living Room Level: Main Level
  • Living Room Size: 16X16
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: 9X7
  • Dining Room Flooring: Hardwood
  • Kitchen Level: Main Level
  • Kitchen Size: 13X10
  • Kitchen Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Type: Garage

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Heat/Fuel: Forced Air

Schools

  • Elementary School: Hynes Elementary School
  • High School: Niles North High School
  • Junior High Dist: 67
  • Junior High: Golf Middle School

Lot Info

  • Lot Dimensions: 126 X 82 X 123 X 66
  • Lot Description: Corner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2012
Closed on
Aug 1, 2012
Sold by
Ortegel Robert K
Bought by
Quiroz Roberto and Quiroz Sonia
Seller's Agent
Jay Patel
eXp Realty
Buyer's Agent
Irina Balyasnikova
Frontage Realty
List Price
$209,900
Sold Price
$180,000
Premium/Discount to List
-$29,900
-14.24%
Current Estimated Value
$422,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,579
Avg. Annual Appreciation
6.53%
Original Mortgage
$162,000
Outstanding Balance
$115,900
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$296,925
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Quiroz Roberto $180,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quiroz Roberto $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2012 08/01/12 Sold $180,000 -1.6% $161 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
06/18/2012 06/18/12 Price Changed $182,900 -1.1% $163 / Sq Ft
06/12/2012 06/12/12 Price Changed $184,900 -11.9% $165 / Sq Ft
05/31/2012 05/31/12 For Sale $209,900 -- $187 / 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 $8,976 $33,000 $11,680 $21,320
2023 $8,576 $33,000 $11,680 $21,320
2022 $8,576 $33,000 $11,680 $21,320
2021 $8,204 $27,706 $8,219 $19,487
2020 $8,057 $27,706 $8,219 $19,487
2019 $8,042 $30,785 $8,219 $22,566
2018 $6,918 $23,786 $7,137 $16,649
2017 $6,944 $23,786 $7,137 $16,649
2016 $6,568 $23,786 $7,137 $16,649
2015 $6,810 $22,494 $6,056 $16,438
2014 $6,679 $22,494 $6,056 $16,438
2013 $6,564 $22,494 $6,056 $16,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08079400

Midwest Real Estate Data (MRED)

APN: 10-18-324-004-0000