NOT LISTED FOR SALE

9551 S 89th Ave Palos Hills, IL 60465

Estimated Value: $292,908 - $394,000

2 Beds
1 Bath
1,250 Sq Ft
$275/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $230,000 $184 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,054/month

45 Days on Market

Highlights

  • Detached Garage
  • Oak Ridge Elementary School Rated A
  • 1-Story Property

About This Home

As of November 2021

Excellent opportunity to own a horse property in a highly desirable location. Located on quiet dead end street with access to several miles of horse trails. Excellent school district. Easy access to shopping nearby. Property has been gutted down to studs. Ready for renovation. Three stall barn on property ready for use. The property is sold as-is. Seller makes no warranties expressed or implied.

Last Agent to Sell the Property

Leo Lopez

Lopez & Company, Inc. License #471007549 Listed on: 09/20/2021

Last Buyer's Agent

Jacoub Hussien

Illinois Real Estate Partners Inc License #475135379

Illinois Real Estate Partners Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,034

Year Built

  • 1960

Lot Details

  • 0.68

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Unfinished Attic

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,034

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: 95th St to 89th ave and then South to address
  • Lot Size: 97X298
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1960

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 1250
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1250
  • Attic: Unfinished
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio, Storms/Screens, Fire Pit
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Aluminum Siding,Frame
  • Lot Features: Fenced Yard, Horses Allowed, Wooded, Mature Trees
  • Other Structures: Barn(s)
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway
  • Number of Cars: 6
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Garage Spaces: 2
  • Total Parking Spaces: 4

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Electric: Circuit Breakers, 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 230

Lot Info

  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 6312.92
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 17, 2021
Sold by
Hernandez Victor Manuel
Bought by
Mahmoud Shahira and Mahmoud Jamil
Seller's Agent
Leo Lopez
Lopez & Company, Inc.
Buyer's Agent
Jacoub Hussien
Illinois Real Estate Partners Inc
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Current Estimated Value
$343,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,454
Avg. Annual Appreciation
10.80%

Purchase Details

Listed on
Feb 21, 2019
Closed on
Mar 22, 2019
Sold by
Esposito Louis
Bought by
Plascencia Jose Humberto
Seller's Agent
Michael Cerf
Real People Realty
Buyer's Agent
Leo Lopez
Lopez & Company, Inc.
List Price
$209,000
Sold Price
$209,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%

Purchase Details

Closed on
Apr 21, 2017
Sold by
Esposito Lisa and Esposito Louis
Bought by
Esposito Louis

Purchase Details

Closed on
Sep 5, 2008
Sold by
Stange Angela
Bought by
Esposito Louis and Esposito Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 9, 1995
Sold by
Stange Norman J
Bought by
Stange Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.25%
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
Mahmoud Shahira $230,000 Heritage Title Company
Hernandez Victor Manuel -- Heritage Title Company
Duran Sandra $209,000 Heritage Title Company
Plascencia Jose Humberto $209,000 Near North National Title
Esposito Louis -- None Available
Esposito Louis $295,000 Premier Title
Stange Angela -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Esposito Louis $236,000
Previous Owner Stange Angela $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2021 11/29/21 Sold $230,000 -8.0% $184 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $249,900 +19.0% $200 / Sq Ft
01/15/2021 01/15/21 Sold $210,000 -25.0% $168 / Sq Ft View Prior Sale
12/15/2020 12/15/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $279,900 +33.9% $224 / Sq Ft
03/22/2019 03/22/19 Sold $209,000 0.0% $167 / Sq Ft View Prior Sale
03/07/2019 03/07/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $209,000 -- $167 / 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 $3,034 $21,954 $10,500 $11,454
2023 $4,584 $10,500 $10,500 --
2022 $4,584 $16,668 $9,000 $7,668
2021 $6,449 $18,237 $9,000 $9,237
2020 $6,313 $18,237 $9,000 $9,237
2019 $8,287 $24,036 $8,250 $15,786
2018 $7,977 $24,036 $8,250 $15,786
2017 $7,694 $24,036 $8,250 $15,786
2016 $6,139 $17,770 $6,750 $11,020
2015 $6,458 $18,960 $6,750 $12,210
2014 $6,342 $18,960 $6,750 $12,210
2013 $6,951 $22,180 $6,750 $15,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11224247

Midwest Real Estate Data (MRED)

APN: 23-10-204-014-0000