NOT LISTED FOR SALE

1416 Ridge Rd Homewood, IL 60430

Estimated Value: $199,000 - $257,000

3 Beds
1 Bath
2,100 Sq Ft
$110/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $145,000 $69 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,446/month

71 Days on Market

Highlights

  • Detached Garage
  • Enclosed Patio or Porch
  • Senior Tax Exemptions
  • Homewood-Flossmoor High School Rated A-
  • Forced Air Heating System

About This Home

As of September 2020

Fresh on the spring market, right in time for summer! This classic, spacious home is move-in ready. Recently rehabbed, 3 bedroom home with a loft area that could be your office, family room, or both! Cool enclosed front porch, perfect for relaxing and entertaining. Gleaming hardwood floors throughout the first floor. Living room and dining room space with built-in shelving. Black kitchen appliances are included. This home has a full basement, great for storage. A 1.5-car garage with a driveway for plenty of parking space. Large backyard with patio. This home will pass FHA! Come and see this home before it's gone! Schedule your showing today!

Last Agent to Sell the Property

Jon Garrity

PIP Realty Group License #475181625 Listed on: 05/27/2020

Last Buyer's Agent

Allyson Fernandes

Coldwell Banker Real Estate Group License #475127260

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,285

Year Built | Renovated

  • 1924 | 2016

Lot Details

  • 8,276

Parking

  • Detached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,285

Year Built | Renovated

1924 | 2016

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1924
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924
  • Year Renovated: 2016

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 12X16, On Level: Main Level, Flooring: Carpet
  • Attic: Finished, Full, Interior Stair
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 23X39, On Level: Basement
  • Dining Room: Dimensions: 12X9, On Level: Main Level
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: Enclosed Porch
  • Master Bedroom: Dimensions: 11X12, On Level: Main Level
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 7X12, On Level: Main Level
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level
  • Bedroom 3: Dimensions: 14X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 2100
  • Family Room: Dimensions: 35X16, On Level: 2nd Level, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Brick
  • Acreage: 0.1928

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1.5
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Schools

  • Junior High Dist: 153

Lot Info

  • Lot Dimensions: 8400
  • Parcel Identification Number: 29323040360000

Tax Info

  • Taxes: 5285.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Sep 2, 2020
Sold by
Dowey John and Dowey Josephine
Bought by
Nowland Alexander and Holcomb Margarita
Seller's Agent
Jon Garrity
PIP Realty Group
Buyer's Agent
Allyson Fernandes
Coldwell Banker Real Estate Group
List Price
$144,000
Sold Price
$145,000
Premium/Discount to List
$1,000
0.69%
Current Estimated Value
$231,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,508
Avg. Annual Appreciation
9.55%
Original Mortgage
$142,373
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2016
Sold by
Mack Insutries Ii Llc
Bought by
Dowey John and Dowey Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2016
Sold by
Chicago Title Land Trust Co
Bought by
Mack Industries Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,250
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Listed on
May 19, 2015
Closed on
Jul 29, 2015
Sold by
Mack Industries Ii Llc
Bought by
Chicago Title Land Trust Company and Trust #8002361677
Seller's Agent
Anthony Baumer
Matrix Realty Group LLC
Buyer's Agent
John Gutman
Gutman Real Estate
List Price
$70,000
Sold Price
$58,000
Premium/Discount to List
-$12,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%

Purchase Details

Listed on
May 19, 2015
Closed on
Jul 22, 2015
Sold by
Rodgers Terrance E and Rodgers Patricia R
Bought by
Mack Industries Ii Llc
Seller's Agent
Anthony Baumer
Matrix Realty Group LLC
Buyer's Agent
John Gutman
Gutman Real Estate
List Price
$70,000
Sold Price
$58,000
Premium/Discount to List
-$12,000
-17.14%
Source: Public Records

Range of Values:

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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
Nowland Alexander $145,000 Greater Illinois Title Co
Dowey John $110,000 Mgr Title Services
Mack Industries Ii Llc -- Chicago Title Land Trust Com
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Mack Industries Ii Llc $58,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nowland Alexander $142,373
Previous Owner Dowey John $88,000
Previous Owner Mack Industries Ii Llc $488,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2020 09/10/20 Sold $145,000 -2.7% $69 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/29/2020 07/29/20 Price Changed $149,000 +3.5% $71 / Sq Ft
07/29/2020 07/29/20 For Sale $144,000 0.0% $69 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $144,000 0.0% $69 / Sq Ft
09/01/2018 09/01/18 Rented $1,650 0.0% --
08/11/2018 08/11/18 Under Contract -- -- --
08/04/2018 08/04/18 For Rent $1,650 0.0% --
07/22/2015 07/22/15 Sold $58,000 -17.1% $36 / Sq Ft View Prior Sale
06/15/2015 06/15/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $70,000 -- $43 / 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 $7,285 $17,000 $3,360 $13,640
2023 $6,402 $17,000 $3,360 $13,640
2022 $6,402 $11,934 $2,940 $8,994
2021 $5,969 $11,933 $2,940 $8,993
2020 $5,779 $11,933 $2,940 $8,993
2019 $5,461 $10,876 $2,730 $8,146
2018 $5,285 $10,876 $2,730 $8,146
2017 $5,291 $10,876 $2,730 $8,146
2016 $4,525 $9,114 $2,520 $6,594
2015 $4,483 $9,114 $2,520 $6,594
2014 $2,855 $10,320 $2,520 $7,800
2013 $3,289 $11,929 $2,520 $9,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10727204

Midwest Real Estate Data (MRED)

APN: 29-32-304-036-0000