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
                        
                        
                    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%
            
        
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        Home Values in the Area
Average Home Value in this Area
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
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
                    
            
        Map
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