NOT LISTED FOR SALE

1004 Peale Ave Park Ridge, IL 60068

Estimated Value: $619,000 - $970,000

3 Beds
2.5 Baths
2,731 Sq Ft
$301/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $812,600 $298 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,761/month

3 Days on Market

Highlights

  • Heated Floors
  • Open Floorplan
  • Property is near a park
  • Theodore Roosevelt Elementary School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of June 2022

Classic Tudor 4 bedroom, 2.5 bath home almost NEW (2017 renovation) with 2,700 square feet of living space on a quiet tree-lined street in a very desirable pocket of Park Ridge. The home is light and bright with open floor plan living. The white kitchen has 42" cabinets, quartz counters, stainless steel appliances & island. The main floor also has an office (more important than ever today) mudroom accessible from back entry & powder room. The second level has a primary ensuite bedroom plus two bedrooms and 2nd full bath. The primary bath of your dreams with marble tile, heated floors, double bowl vanity, separate shower and relaxing soaking tub. All NEW plumbing, complete HVAC (2 new furnaces, 2 A/C units, and ductwork) upgraded 200 amp electrical service, new sump pump & drain tile installed throughout the basement in 2017. Fully finished walk-out basement with large family room, bedroom, laundry & storage. The fenced-in backyard is so peaceful with lush landscaping and deck (new fencing ordered and will be installed prior to close). Walking distance to the Dairy Queen (a neighborhood favorite), downtown Park Ridge & Edison Park restaurants, bars, library, shopping, the Metra & more! Park Ridge schools, walking distance to Roosevelt Elementary School. This home will not disappoint!

Last Agent to Sell the Property

Pam Lynch

@properties Christie's International Real Estate Listed on: 05/18/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Megan Weber

Baird & Warner License #471020805

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,446

Year Built

  • Built in 1931 | Remodeled in 2017

Lot Details

  • 6,299 Sq Ft Lot
  • Lot Dimensions are 48x128
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • English Architecture
  • Tudor Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,731 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Skylights
  • Fireplace With Gas Starter
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

  • Theodore Roosevelt Elementary Sc
  • Lincoln Middle School
  • Maine South High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Lake Michigan Water

Additional Features

  • Deck
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Old Park Ridge Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,446

Year Built

Built in 1931 | Remodeled in 2017

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: English, Tudor
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Old Park Ridge
  • Year Built: 1931
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors, Heated Floors, Walk-In Closet(s), Open Floorplan, Some Carpeting, Vaulted/Cathedral Ceilings
  • LivingArea: 2731
  • Other Equipment: CO Detectors, Ceiling Fan(s), Fan-Whole House, Sump Pump
  • Room Type: Office, Foyer, Mud Room, Deck
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Unfinished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Pull Down Stair,Unfinished

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 785000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete,Side Drive
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Theodore Roosevelt Elementary Sc
  • High School: Maine South High School
  • Middle/Junior School: Lincoln Middle School
  • Middle/Junior School District: 64

Lot Info

  • Lot Size Acres: 0.1446
  • Lot Dimensions: 48X128
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 13446.34
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jun 14, 2022
Sold by
Melby Chad
Bought by
Penning Laura and Penning Maxwell
Seller's Agent
Pam Lynch
@properties Christie's International Real Estate
Buyer's Agent
Megan Weber
Baird & Warner
List Price
$785,000
Sold Price
$812,600
Premium/Discount to List
$27,600
3.52%
Current Estimated Value
$820,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,149
Avg. Annual Appreciation
0.10%

Purchase Details

Closed on
Jul 13, 2017
Sold by
Rajchel Andrew and Rajchel Bonnie
Bought by
Melby Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 16, 2015
Closed on
Mar 1, 2016
Sold by
Causby Catherine G
Bought by
Rajchel Tomajz and Rajchel Andrew
Seller's Agent
Joanna Fortuna
eXp Realty
Buyer's Agent
Bonnie Rajchel
Hoff, Realtors
List Price
$382,900
Sold Price
$349,750
Premium/Discount to List
-$33,150
-8.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%

Purchase Details

Closed on
Oct 10, 1994
Sold by
Gallagher Veronica P and Hickey Lawrence
Bought by
Causby Randall L and Causby Catherine G
Source: Public Records

Range of Values:

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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
Penning Laura $813,000 Proper Title
Melby Chad $675,000 Premier Title
Rajchel Tomajz $350,000 North American Title Company
Causby Randall L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penning Laura $637,600
Previous Owner Melby Chad $540,000
Previous Owner Causby Catrherine G $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $812,600 +3.5% $298 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $785,000 +124.4% $287 / Sq Ft
03/01/2016 03/01/16 Sold $349,750 -8.7% $178 / Sq Ft
01/18/2016 01/18/16 Pending -- -- --
09/16/2015 09/16/15 For Sale $382,900 -- $195 / 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 $15,470 $57,000 $10,710 $46,290
2023 $13,934 $57,000 $10,710 $46,290
2022 $13,934 $57,000 $10,710 $46,290
2021 $13,933 $49,140 $6,615 $42,525
2020 $13,446 $49,140 $6,615 $42,525
2019 $13,180 $54,000 $6,615 $47,385
2018 $12,174 $45,976 $5,670 $40,306
2017 $13,101 $45,976 $5,670 $40,306
2016 $12,615 $45,976 $5,670 $40,306
2015 $10,952 $40,102 $4,725 $35,377
2014 $10,512 $40,102 $4,725 $35,377
2013 $10,194 $40,102 $4,725 $35,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11407567

Midwest Real Estate Data (MRED)

APN: 09-36-318-033-0000