NOT LISTED FOR SALE

1116 Potter Rd Park Ridge, IL 60068

Estimated Value: $506,000 - $642,000

3 Beds
3 Baths
1,726 Sq Ft
$327/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $380,000 $220 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,785/month

47 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Walk-In Pantry
  • Franklin Elementary School Rated A-
  • Wood Flooring
  • Detached Garage

About This Home

As of June 2016

WALK TO THE TRAIN FROM THIS RED BRICK CENTER ENTRANCE COLONIAL. FROM TOP TO BOTTOM THIS HOME FEATURES ALL THE BEST AMMENITIES, INCLUDING A MASTER SUITE W/BATH, HARDWOOD FLOORS ON 1ST & 2ND FLOORS, A FORMAL DINING ROOM, A SPACIOUS EAT-IN KITCHEN WITH OAK CABINETS AND A CENTER ISLAND W/GRANITE COUNTERTOP. IN ADDITION TO THE CREATURE COMFORTS THIS HOME HAS AN OVERHEAD SEWER AND INTERIOR DRAIN TILE W/SUMP PUMP (DRY BASEMENT). COME AND ENJOY YOUR NEW HOME.

Last Agent to Sell the Property

Bryan Mercado

RE/MAX Properties Northwest License #475138154 Listed on: 03/10/2016

RE/MAX Properties Northwest

Last Buyer's Agent

Robert Bakas

Keller Williams Premiere Properties License #471021419

Keller Williams Premiere Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,414

Year Built

  • 1965

Lot Details

  • 6,534

Parking

  • Detached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wet Bar
  • Decorative Fireplace
  • Recreation Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • East or West Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,414

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1965
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 21X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV-Cable, Ceiling Fan, Sump Pump
  • Fireplace Details: Decorative Only
  • Attic: Full
  • Fireplace Location: Basement
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X10, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 17X13, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Recreation Rm, Dimensions: 18X15, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 16X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1726
  • Dining Room Type: Separate
  • Family Room: Dimensions: 26X12, On Level: Basement, Flooring: Other, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 207
  • Elementary School: FRANKLIN ELEMENTARY SCHOOL
  • Middle School: EMERSON MIDDLE SCHOOL
  • High School: MAINE SOUTH HIGH SCHOOL
  • Junior High Dist: 64

Lot Info

  • Lot Dimensions: 50X131
  • Parcel Identification Number: 09223160420000

Tax Info

  • Taxes: 8956

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
Jun 6, 2016
Sold by
Singh Tejanraln and Singh Bernadette
Bought by
Larson Katherine M and Larson Adam J
Seller's Agent
Bryan Mercado
RE/MAX Properties Northwest
Buyer's Agent
Robert Bakas
Keller Williams Premiere Properties
List Price
$398,000
Sold Price
$380,000
Premium/Discount to List
-$18,000
-4.52%
Current Estimated Value
$563,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,727
Avg. Annual Appreciation
4.31%
Original Mortgage
$361,000
Outstanding Balance
$287,783
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$275,944

Purchase Details

Closed on
Sep 16, 1998
Sold by
Rode Martha S and Rode Mark P
Bought by
Singh Tejnarain and Singh Bernadette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.98%

Purchase Details

Closed on
Mar 7, 1995
Sold by
Perdisatt Francis J and Perdisatt Shirley A
Bought by
Rode Mark P and Rode Martha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
8%
Source: Public Records

Range of Values:

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Average Value
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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
Larson Katherine M $380,000 Stewart Title
Singh Tejnarain $249,500 --
Rode Mark P $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Katherine M $361,000
Previous Owner Singh Tejnarain $190,000
Previous Owner Rode Mark P $184,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2016 06/06/16 Sold $380,000 -4.5% $220 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $398,000 -- $231 / 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 $9,414 $38,000 $8,515 $29,485
2023 $8,993 $38,000 $8,515 $29,485
2022 $8,993 $38,000 $8,515 $29,485
2021 $8,317 $30,675 $5,567 $25,108
2020 $8,053 $30,675 $5,567 $25,108
2019 $8,883 $34,084 $5,567 $28,517
2018 $10,770 $37,634 $4,912 $32,722
2017 $10,724 $37,634 $4,912 $32,722
2016 $10,326 $37,634 $4,912 $32,722
2015 $9,929 $32,191 $4,257 $27,934
2014 $8,956 $32,191 $4,257 $27,934
2013 $8,466 $32,191 $4,257 $27,934
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09162088

Midwest Real Estate Data (MRED)

APN: 09-22-316-042-0000