Seller's Agent in 2023
Rafay Qamar
Real Broker LLC
(773) 232-5871
18 in this area
1,046 Total Sales
8947 Cherry Ave Unit 1 Morton Grove, IL 60053
Estimated Value: $513,269 - $613,000
4
Beds
3
Baths
2,545
Sq Ft
$223/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Recreation Room
- Granite Countertops
- Hynes Elementary School Rated A
- Wood Flooring
- Formal Dining Room
About This Home
As of June 2023Welcome to 8947 Cherry Ave in Morton Grove, IL! This stunning single family home boasts a beautiful addition and garage built in 2007, offering ample living space for you and your family. The spacious kitchen was also updated in 2007, providing a modern and functional cooking area. Both bathrooms have been redone in 2017, featuring high-quality finishes and fixtures. Upstairs HVAC was replaced in 2007, ensuring optimal comfort throughout the year. The downstairs HVAC system is the original one. This home also includes a brand new water heater installed in 2020 and a well-maintained AC system from 2007. The roof has been replaced and is less than 5 years old. With its ideal location in Morton Grove, you will enjoy easy access to local amenities, including shopping, dining, and entertainment options. This is a rare opportunity to own a beautifully updated and maintained home in a desirable neighborhood. Don't miss out on the chance to make this house your dream home! Schedule a showing today and see for yourself what makes 8947 Cherry Ave such a special place to call home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,790
Year Built
- Built in 1960
Lot Details
- 5,663 Sq Ft Lot
- Paved or Partially Paved Lot
Parking
- 1.5 Car Attached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,545 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Blinds
- Family Room
- Living Room
- Formal Dining Room
- Recreation Room
- Wood Flooring
- Finished Basement
- English Basement
Kitchen
- Gas Oven
- Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Bathroom on Main Level
- 3 Full Bathrooms
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Schools
- Hynes Elementary School
- Golf Middle School
- Niles North High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2023
Closed on
Jun 23, 2023
Sold by
Thomas Benny and Thomas Thresiamma
Bought by
Bangloria Muhammad Ahmed and Bangloria Shahid
Seller's Agent
Rafay Qamar
Real Broker LLC
Buyer's Agent
Harris Ali
Sky High Real Estate Inc.
List Price
$499,000
Sold Price
$489,000
Premium/Discount to List
-$10,000
-2%
Total Days on Market
14
Views
132
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,817
Avg. Annual Appreciation
8.31%
Original Mortgage
$339,000
Outstanding Balance
$332,800
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$234,017
Purchase Details
Closed on
Nov 17, 1997
Sold by
Stavros Connie C
Bought by
Thomas Betty and Thomas Thresiamma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,700
Interest Rate
7.26%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bangloria Muhammad Ahmed | $489,000 | None Listed On Document | |
| Thomas Betty | $185,000 | Attorneys Natl Title Networ |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bangloria Muhammad Ahmed | $339,000 | |
| Previous Owner | Thomas Thresiamma | $130,000 | |
| Previous Owner | Thomas Benny | $132,000 | |
| Previous Owner | Thomas Benny | $238,000 | |
| Previous Owner | Thomas Benny | $157,330 | |
| Previous Owner | Thomas Benny | $169,000 | |
| Previous Owner | Thomas Benny | $172,000 | |
| Previous Owner | Thomas Benny | $50,750 | |
| Previous Owner | Thomas Betty | $138,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2023 06/30/23 | Sold | $489,000 | -2.0% | $192 / Sq Ft |
| 05/19/2023 05/19/23 | Pending | -- | -- | -- |
| 05/04/2023 05/04/23 | For Sale | $499,000 | -- | $196 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,212 | $39,000 | $7,150 | $31,850 |
| 2023 | $7,212 | $39,000 | $7,150 | $31,850 |
| 2022 | $7,212 | $39,000 | $7,150 | $31,850 |
| 2021 | $8,790 | $33,015 | $4,400 | $28,615 |
| 2020 | $8,699 | $33,015 | $4,400 | $28,615 |
| 2019 | $8,795 | $37,096 | $4,400 | $32,696 |
| 2018 | $8,346 | $32,131 | $3,987 | $28,144 |
| 2017 | $8,395 | $32,131 | $3,987 | $28,144 |
| 2016 | $8,182 | $32,131 | $3,987 | $28,144 |
| 2015 | $8,914 | $32,066 | $3,437 | $28,629 |
| 2014 | $8,758 | $32,066 | $3,437 | $28,629 |
| 2013 | $8,590 | $32,066 | $3,437 | $28,629 |
Source: Public Records
Agents Affiliated with this Home
-
Rafay Qamar
-
Harris Ali
Buyer's Agent in 2023
Harris Ali
Sky High Real Estate Inc.
73 in this area
523 Total Sales
Map
Similar Homes in Morton Grove, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 11763998
APN: 10-18-412-022-0000
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