Sold! The 5 Priciest Southland Homes
A look at what's selling for half-a-million dollars in the South Suburbs lately.
Want to know what's selling in your Patch and throughout the Southland? Check our Local Home Sales tracker, published every Thursday.
Orland Park / Tinley Park / Oak Forest
Oak Lawn / Palos / Evergreen Park
dp
12:46 pm on Saturday, April 28, 2012
What were the initial asking prices, how much did the owners pay originally and how long were they on the market?
Dave W.
3:47 pm on Saturday, April 28, 2012
The Oak Lawn house was on the market in 2008 for $519,000, originally. Bought in 2003 for $413,000. Sold to Marquette Bank 4-3-12 for that amount.
Dave W.
3:52 pm on Saturday, April 28, 2012
Tahoe was built 2011, never lived in until current residents. Started at $510,000, sold for the $480000.
Dave W.
3:54 pm on Saturday, April 28, 2012
Nature Creek started at $662000 in 2008! Also new construction.
Dave W.
3:58 pm on Saturday, April 28, 2012
Park was on market for 3 days! Started at $599000, sold for $535000. Previous owners bought it in 1991 for $165000.
Dave W.
4:09 pm on Saturday, April 28, 2012
Palos Park wanted $595000 last year, September. Previous owners had it since 2007. It was built in 1956, and the pictures of the interior are GORGEOUS. 3128sqft. Rarely am I REALLY impressed with a home just because it is big, or expensive...Rooms are huge, finishes are top notch. Nice place...for $535000.(Which I don't have at all...nor the taxes for almost $10000.)
dp
6:55 pm on Saturday, April 28, 2012
Thanks Dave. Can't really tell by these houses if the market is starting to pick up.
Dave W.
11:38 am on Sunday, April 29, 2012
Considering that three of them were either a foreclosure (Oak Lawn home), or new constuction that sat empty for extended periods of time with large price drops...not really. Areas are starting to maybe stabilize, but that is the ebst I would say about it. More foreclosures on the way from some higher end areas too. Ugh.