NOT LISTED FOR SALE

1407 W Talcott Rd Park Ridge, IL 60068

Estimated Value: $668,000 - $815,000

4 Beds
4 Baths
2,560 Sq Ft
$287/Sq Ft Est. Value

About This Home

This home is located at 1407 W Talcott Rd, Park Ridge, IL 60068 and is currently estimated at $734,070, approximately $286 per square foot. 1407 W Talcott Rd is a home located in Cook County with nearby schools including George Washington Elementary School, Lincoln Middle School, and Maine South High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2017
Sold by
Local Properties Llc Series R
Bought by
Neslund Frederick C
Current Estimated Value
$734,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,062
Outstanding Balance
$390,731
Interest Rate
3.75%
Mortgage Type
VA
Estimated Equity
$343,339

Purchase Details

Closed on
Aug 23, 2016
Sold by
Ami James
Bought by
Local Properties Llc Series R

Purchase Details

Closed on
Jul 25, 2003
Sold by
Fiermuga Margaret E
Bought by
Ami James and Ami Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,250
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2003
Sold by
Chicago Title Land Trust Co
Bought by
Fiermuga Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
4.87%

Purchase Details

Closed on
Mar 4, 1996
Sold by
Mihai Benjamin and Mihai Olimpia
Bought by
The Chicago Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.06%

Purchase Details

Closed on
Feb 5, 1996
Sold by
Morar Chistian and Morar Mihaela
Bought by
Mihai Benjamin and Mihai Olimpia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.06%

Purchase Details

Closed on
Nov 17, 1994
Sold by
Labe Federal Bank For Svgs
Bought by
Mihai Benjamin and Mihai Olimpia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.91%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Neslund Frederick C $485,000 First American Title Insuran
Local Properties Llc Series R $315,000 None Available
Ami James $495,000 --
Fiermuga Margaret E -- --
The Chicago Trust Company $319,000 Attorneys Natl Title Network
Mihai Benjamin -- --
Mihai Benjamin $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neslund Frederick C $478,062
Previous Owner Ami James $470,250
Previous Owner Fiermuga Margaret E $321,000
Previous Owner The Chicago Trust Company $255,000
Previous Owner Mihai Benjamin $207,000
Previous Owner Mihai Benjamin $200,000
Source: Public Records

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 $13,679 $50,403 $11,208 $39,195
2023 $13,108 $50,403 $11,208 $39,195
2022 $13,108 $50,403 $11,208 $39,195
2021 $16,206 $53,284 $6,922 $46,362
2020 $15,563 $53,284 $6,922 $46,362
2019 $16,511 $63,349 $6,922 $56,427
2018 $13,164 $46,000 $5,933 $40,067
2017 $13,108 $46,000 $5,933 $40,067
2016 $11,936 $46,000 $5,933 $40,067
2015 $14,473 $49,549 $4,944 $44,605
2014 $14,204 $49,549 $4,944 $44,605
2013 $14,708 $53,988 $4,944 $49,044
Source: Public Records

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