NOT LISTED FOR SALE

9051 W 126th St Palos Park, IL 60464

Estimated Value: $416,000 - $579,000

2 Beds
2 Baths
1,425 Sq Ft
$361/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $530,000 $372 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,528/month

7 Days on Market

Highlights

  • Waterfront
  • 1.3 Acre Lot
  • Deck
  • Palos East Elementary School Rated A
  • Mature Trees
  • Creek On Lot

About This Home

As of October 2023

*Multiple Offers Highest & Best 8/30 at 12pm. YOUR OWN PRIVATE TREE HOUSE! There's a hidden gem in Palos Park that makes you feel like you are living in a glass tree house that looks like you can just reach out and touch the leaves! Undoubtedly, the first thing you notice in his Brick Ranch with Walkout Basement are the massive picture windows that bring the outside in and views that will take your breath away. You'll find yourself quietly tucked away between million-dollar properties and Palos Park's very own Mill Creek. If you desire to reside in the Chicago suburbs but secretly crave the peacefulness of Michigan or the Great North Woods of Wisconsin, this house is perfect for you. Here's your chance to live among the tranquility of nature, have your own private little flagstone waterfall and koi pond, and never need a second vacation home. Super efficient Granite /Stainless gourmet galley kitchen and Beautifully appointed bathrooms. Family room, third bedroom, bath, extra large laundry, and storage room in the basement. A long private driveway, well off the main street, and plenty of room to build the garage of your choosing. Not only are you a mere 200 ft from Forest Preserves, but you're situated within walking distance of the park district ball fields, recreational center, library, and Palos Park's iconic Plush Horse old-fashioned homemade ice cream parlor! These kinds of properties may only come on the market once in a lifetime, so if you don't seize the opportunity, you may never get another chance!

Last Agent to Sell the Property

Jason Vander Meer

RE/MAX 10 in the Park License #471012564 Listed on: 08/25/2023

RE/MAX 10 in the Park

Last Buyer's Agent

Eric DeNaut

Coldwell Banker Realty License #475161164

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,910

Year Built

  • Built in 1959

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 145x360x156x420
  • Waterfront
  • Sloped Lot
  • Mature Trees
  • Wooded Lot
  • Backs to Trees or Woods

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,425 Sq Ft Home
  • Combination Dining and Living Room
  • Storage Room
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Creek On Lot
  • Stream or River on Lot
  • Deck

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • Ranch With Walk Out Basement

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,910

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1959
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Finished Sq Ft: 1000
  • LivingArea: 1425
  • Room Type: Storage, Deck
  • Estimated Total Finished Sq Ft: 2425
  • Assessed Sq Ft: 1425
  • Basement Description: Finished,Exterior Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1425
  • Basement Sq Ft: 1000
  • Square Footage Comments: approx 1400 sq ft main level additional 1000 sq ft living space in finished walk-out basement.
  • Total Sq Ft: 2425
  • Main Level Sq Ft: 1425
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 479999
  • Lot Features: Stream(s), Water View, Wooded, Mature Trees, Backs to Trees/Woods, Creek, Views, Sloped
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Driveway: Asphalt
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Radiant
  • Water Source: Lake Michigan

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: 118

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.3
  • Lot Dimensions: 145X360X156X420
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5909.68
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Sep 18, 2023
Sold by
Saban Michael L and Saban Camilla P
Bought by
Sullivan Mary L
Seller's Agent
Jason Vander Meer
RE/MAX 10 in the Park
Buyer's Agent
Eric DeNaut
Coldwell Banker Realty
List Price
$479,999
Sold Price
$530,000
Premium/Discount to List
$50,001
10.42%
Views
17
Current Estimated Value
$508,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,325
Avg. Annual Appreciation
-1.38%
Original Mortgage
$265,000
Outstanding Balance
$260,619
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$256,117

Purchase Details

Closed on
Feb 10, 2022
Sold by
Saban Camilia and Saban Michael L
Bought by
Saban Camilia and Saban Michael L

Purchase Details

Closed on
Jun 29, 2021
Sold by
Bertini Kenneth R and Kenneth R Bertini Trust
Bought by
Saban Michael L and Saban Camilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2013
Sold by
Bertini Kenneth
Bought by
Bertini Kenneth R and Kenneth R Bertini Trust

Purchase Details

Closed on
Feb 8, 2005
Sold by
Bertini Catherine and Bertini Kenneth
Bought by
Bertini Kenneth

Purchase Details

Closed on
Dec 2, 1994
Sold by
Margetic Caroline
Bought by
Bertini Kenneth and Bertini Catherine H
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
Sullivan Mary L $530,000 Fidelity National Title
Saban Camilia -- --
Saban Michael L $335,000 Greater Illinois Title
Bertini Kenneth R -- None Available
Bertini Kenneth -- --
Bertini Kenneth $227,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Mary L $265,000
Previous Owner Saban Michael L $318,250
Previous Owner Bertini Kenneth $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $530,000 +10.4% $372 / Sq Ft
09/02/2023 09/02/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $479,999 -- $337 / 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 $8,919 $34,984 $17,484 $17,500
2023 $7,148 $39,650 $22,150 $17,500
2022 $7,148 $27,173 $19,197 $7,976
2021 $5,910 $27,171 $19,196 $7,975
2020 $5,806 $27,171 $19,196 $7,975
2019 $7,180 $33,701 $17,720 $15,981
2018 $6,966 $33,701 $17,720 $15,981
2017 $6,782 $33,701 $17,720 $15,981
2016 $8,530 $32,009 $14,766 $17,243
2015 $7,251 $32,009 $14,766 $17,243
2014 $8,339 $32,009 $14,766 $17,243
2013 $6,494 $31,126 $14,766 $16,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11868160

Midwest Real Estate Data (MRED)

APN: 23-27-416-004-0000