NOT LISTED FOR SALE

1216 Ridge Rd Northbrook, IL 60062

Estimated Value: $1,747,000 - $2,281,000

0.27 Acre
$7,455,778 Price per Acre
11,761 Sq Ft Lot

Last Sold November 13, 2020

Last sale price $412,000 $323 Per Sq Ft

Est. 389% increase in value since last sale

Current estimated payment $13,082/month

3 Days on Market

About This Lot

As of November 2020

East Northbrook 200 feet from the forest preserve, and walking trails, this location has had many tear downs with new homes built, great opportunity to build your new home in this great location.

Last Agent to Sell the Property

Mike Schall

Schall Real Estate License #471011111 Listed on: 09/29/2020

Last Buyer's Agent

Mike Schall

Schall Real Estate License #471011111 Listed on: 09/29/2020

Property Details

Property Type

  • Land

Lot Details

Basement

  • Crawl Space

Utilities

  • Central Air
  • Heating System Uses Gas

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service, Interstate Access
  • Ownership: Fee Simple
  • Current Use: Residential-Estate
  • Utilities To Site: Gas to Site, Sanitary Sewer to Site, Water to Site
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: Crawl
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: .25-.49 Acre
  • Acreage: 0.27
  • Frontage Access: City Street
  • Front Footage: 89

Utilities

  • Air Conditioner: Central Air
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 28

Lot Info

  • Lot Dimensions: 89 X 135
  • Estimated Land Sq Ft: 12,024
  • Parcel Identification Number: 04102050470000

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 9693.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2022
Sold by
Oak Builders Llc
Bought by
Novak Ashley and Novak Lisa
Current Estimated Value
$2,013,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,133,454
Outstanding Balance
$1,064,153
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$948,907

Purchase Details

Listed on
Sep 29, 2020
Closed on
Nov 6, 2020
Sold by
Schall Michael
Bought by
Oak Builders Llc
Seller's Agent
Mike Schall
Schall Real Estate
Buyer's Agent
Mike Schall
Schall Real Estate
List Price
$425,000
Sold Price
$412,000
Premium/Discount to List
-$13,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Novak Ashley $1,744,000 None Listed On Document
Oak Builders Llc $410,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novak Ashley $1,133,454
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $412,000 -3.1% $323 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $425,000 -- $333 / 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
2025 $31,540 $194,000 $16,821 $177,179
2024 $31,540 $141,157 $15,620 $125,537
2023 $27,110 $141,157 $15,620 $125,537
2022 $27,110 $122,150 $15,620 $106,530
2021 $10,189 $40,715 $12,615 $28,100
2020 $9,984 $40,715 $12,615 $28,100
2019 $9,694 $44,742 $12,615 $32,127
2018 $8,863 $37,790 $11,113 $26,677
2017 $8,634 $37,790 $11,113 $26,677
2016 $8,122 $37,790 $11,113 $26,677
2015 $8,968 $37,791 $9,311 $28,480
2014 $8,564 $37,791 $9,311 $28,480
2013 $8,300 $37,791 $9,311 $28,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10887552

Midwest Real Estate Data (MRED)

APN: 04-10-205-047-0000