NOT LISTED FOR SALE

1227 Lundergan Ave Park Ridge, IL 60068

Estimated Value: $434,238 - $505,000

3 Beds
3 Baths
1,050 Sq Ft
$462/Sq Ft Est. Value

Last Sold July 23, 2012

Last sale price $206,000 $196 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,149/month

40 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Detached Garage
  • Franklin Elementary School Rated A-
  • Recreation Room
  • Skylights

About This Home

As of July 2012

This is a beautiful, all-brick, expanded Georgian with a great floor plan! Walk into an open LR/DR/FR area with hardwood floors throughout both levels. The updated kitchen also opens up to the LR/DR. Then head upstairs to 2 spacious bedrooms with ample closet space! Newly carpeted. Freshly painted. Finished basement. Excellent schools and location. Your clients highest-and-best is due by 9 pm on 05/09/2012.

Last Agent to Sell the Property

Peter Drossos

Peter Drossos Real Estate License #471010251 Listed on: 04/23/2012

Last Buyer's Agent

Francisco Ayala

Chicagoland Brokers, Inc.

Chicagoland Brokers, Inc.

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $7,242

Year Built

  • 1947

Parking

  • Detached Garage
  • Garage Door Opener
  • Side Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Skylights
  • Combination Dining and Living Room
  • Recreation Room
  • Breakfast Bar

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Additional Features

  • Deck
  • Landscaped Professionally
  • Property is near a bus stop

Listing and Financial Details

  • $7,210 Seller Concession

Property Details

Home Type

Other

Est. Annual Taxes

$7,242

Year Built

1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Architectural Style: Georgian
  • Type Detached: 2 Stories
  • Special Features: 20
  • Year Built: 1947

Interior Features

  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Interior Property Features: Skylight(s)
  • Number Of Rooms: 8
  • Equipment: Humidifier, Intercom, Ceiling Fan, Sump Pump
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 16X14
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Half
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 18X11
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 10X10
  • Third Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 18X13
  • Living Room Flooring: Hardwood
  • Dining Room: Combined w/ LivRm
  • Dining Room Level: Main Level
  • Dining Room Size: 10X9
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 19X14
  • Family Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 11X8
  • Kitchen Flooring: Ceramic Tile
  • Additional Rooms: Recreation Room
  • Additional Room 1 Name: Recreation Rm
  • Additional Room 1 Level: Basement
  • Additional Room 1 Size: 18X13
  • Additional Room 1 Flooring: Carpet

Exterior Features

  • Roof: Asphalt/Glass (Shingles)
  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Exterior Property Features: Deck

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete, Side Drive

Utilities

  • Cooling: Central Air
  • Electricity: Circuit Breakers, 100 Amp Service
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

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

Lot Info

  • Lot Dimensions: 35X132
  • Lot Description: Landscaped Professionally

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2012
Closed on
Jun 12, 2012
Sold by
Fannie Mae
Bought by
Ayala Sara
Seller's Agent
Peter Drossos
Peter Drossos Real Estate
Buyer's Agent
Francisco Ayala
Chicagoland Brokers, Inc.
List Price
$195,900
Sold Price
$206,000
Premium/Discount to List
$10,100
5.16%
Current Estimated Value
$485,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,310
Avg. Annual Appreciation
6.68%
Original Mortgage
$199,820
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2012
Sold by
Miron
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,820
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2005
Sold by
Carpinelli Steven M and Carpinelli Linda L
Bought by
Miron Benjamin and Miron Aura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 8, 2002
Sold by
Barruffi Bruno
Bought by
Carpinelli Steven M and Carpinelli Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.11%

Purchase Details

Closed on
Nov 29, 1999
Sold by
Kostoglanis Thomas
Bought by
Barruffi Bruno

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
8.87%

Purchase Details

Closed on
Sep 8, 1998
Sold by
Pappas Nicole
Bought by
Kostoglanis Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.79%

Purchase Details

Closed on
Jul 30, 1997
Sold by
Kobus Alice V
Bought by
Kostoglanis Thomas and Pappas Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.25%
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
Ayala Sara $206,000 Git
Federal National Mortgage Association -- None Available
Miron Benjamin $355,000 Pntn
Carpinelli Steven M $290,000 --
Barruffi Bruno $175,000 Chicago Title Insurance Co
Kostoglanis Thomas -- --
Kostoglanis Thomas $96,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayala Sara $199,820
Previous Owner Miron Benjamin $284,000
Previous Owner Carpinelli Steven M $232,000
Previous Owner Barruffi Bruno $157,500
Previous Owner Kostoglanis Thomas $116,000
Previous Owner Kostoglanis Thomas $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2012 07/23/12 Sold $206,000 +5.2% $196 / Sq Ft
06/02/2012 06/02/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $195,900 -- $187 / 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 $7,242 $30,001 $5,961 $24,040
2023 $6,912 $30,001 $5,961 $24,040
2022 $6,912 $30,001 $5,961 $24,040
2021 $7,179 $26,933 $3,897 $23,036
2020 $6,960 $26,933 $3,897 $23,036
2019 $6,906 $29,926 $3,897 $26,029
2018 $7,348 $29,112 $3,438 $25,674
2017 $7,334 $29,112 $3,438 $25,674
2016 $8,457 $33,319 $3,438 $29,881
2015 $7,862 $28,115 $2,980 $25,135
2014 $7,724 $28,115 $2,980 $25,135
2013 $7,299 $28,115 $2,980 $25,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08050442

Midwest Real Estate Data (MRED)

APN: 09-22-307-007-0000