Seller's Agent in 2023
Jack Tornabene
Coldwell Banker Realty
(847) 322-1792
6 in this area
57 Total Sales
140 Michael John Dr Park Ridge, IL 60068
Estimated Value: $609,000 - $698,000
3
Beds
2
Baths
1,585
Sq Ft
$404/Sq Ft
Est. Value
Highlights
- Deck
- Property is near a park
- Wood Flooring
- Eugene Field Elementary School Rated A-
- Recreation Room
- 3-minute walk to Oakton Manor Park
About This Home
As of June 2023Immaculate Split-Level w/sub-basement in highly sought after Michael John Terrace! This beautiful home features a formal living room with wood-burning fireplace, hardwood floors, separate dining area, gorgeous kitchen with custom Amish cabinetry, granite counters, breakfast bar and newer stainless steel appliances. Just off the kitchen is a large deck overlooking the park-like backyard. Walk up a few stairs to three generous sized bedrooms and a full bathroom. All bedrooms have hardwood floors under carpet. The lower level offers a cozy family room or home office. If you need more space, you'll appreciate the large finished basement with rec room, wet bar, laundry, utility room and tons of storage. This is the perfect home for entertaining family & friends. Additional features include: Overhead sewers with battery back-up, attached 2 car garage with new overhead door, wonderful backyard with deck, patio and huge shed for additional storage. Fantastic location, walk to to highly-rated Field Grammar School, Emerson Junior High, Soccer field, playground, tennis and pickleball courts. This home has been Meticulously maintained by the same owners for over 30 years. Don't miss this opportunity!
Last Agent to Sell the Property
Coldwell Banker Realty License #475150041 Listed on: 05/26/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,294
Year Built
- Built in 1959
Lot Details
- 9,540 Sq Ft Lot
- Fenced Yard
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Bi-Level Home
- Split Level with Sub
Interior Spaces
- 1,585 Sq Ft Home
- Wet Bar
- Ceiling Fan
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Blinds
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- L-Shaped Dining Room
- Formal Dining Room
- Recreation Room
- Lower Floor Utility Room
- Storage Room
- Full Attic
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Flooring
- Wood
- Partially Carpeted
- Porcelain Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Partial Basement
- Sump Pump
- Recreation or Family Area in Basement
- Basement Storage
Outdoor Features
- Deck
- Patio
- Shed
Location
- Property is near a park
Schools
- Eugene Field Elementary School
- Emerson Middle School
- Maine South High School
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Michael John Terrace Subdivision
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2023
Closed on
Jun 21, 2023
Sold by
Otoole Kevin A and Otoole Debra L
Bought by
Hayes Jean
Seller's Agent
Jack Tornabene
Coldwell Banker Realty
Buyer's Agent
Tom Streff
Berkshire Hathaway HomeServices Chicago
List Price
$540,000
Sold Price
$545,000
Premium/Discount to List
$5,000
0.93%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,320
Avg. Annual Appreciation
7.52%
Original Mortgage
$295,000
Outstanding Balance
$288,668
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$349,137
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hayes Jean | $545,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hayes Jean | $295,000 | |
| Previous Owner | Toole Kevin A O | $160,000 | |
| Previous Owner | Otoole Kevin A | $233,000 | |
| Previous Owner | Otoole Kevin A | $200,000 | |
| Previous Owner | Otoole Kevin A | $171,000 | |
| Previous Owner | Otoole Kevin A | $172,000 | |
| Previous Owner | Otoole Kevin A | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2023 06/27/23 | Sold | $545,000 | +0.9% | $344 / Sq Ft |
| 05/30/2023 05/30/23 | Pending | -- | -- | -- |
| 05/26/2023 05/26/23 | For Sale | $540,000 | -- | $341 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,718 | $42,806 | $12,422 | $30,384 |
| 2023 | $10,243 | $42,806 | $12,422 | $30,384 |
| 2022 | $10,243 | $42,806 | $12,422 | $30,384 |
| 2021 | $8,294 | $30,600 | $8,838 | $21,762 |
| 2020 | $8,031 | $30,600 | $8,838 | $21,762 |
| 2019 | $7,968 | $34,000 | $8,838 | $25,162 |
| 2018 | $8,720 | $33,907 | $7,644 | $26,263 |
| 2017 | $8,700 | $33,907 | $7,644 | $26,263 |
| 2016 | $9,352 | $36,580 | $7,644 | $28,936 |
| 2015 | $9,365 | $32,986 | $6,688 | $26,298 |
| 2014 | $9,197 | $32,986 | $6,688 | $26,298 |
| 2013 | $8,694 | $32,986 | $6,688 | $26,298 |
Source: Public Records
Agents Affiliated with this Home
-
Jack Tornabene
-
Tom Streff
Buyer's Agent in 2023
Tom Streff
Berkshire Hathaway HomeServices Chicago
(773) 484-0513
2 in this area
114 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11777835
APN: 09-25-101-022-0000
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