NOT LISTED FOR SALE

1429 Hoffman Ave Park Ridge, IL 60068

Estimated Value: $482,000 - $613,899

4 Beds
2 Baths
2,280 Sq Ft
$247/Sq Ft Est. Value

Last Sold September 11, 2019

Last sale price $400,000 $175 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,880/month

31 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Walk-In Pantry
  • Franklin Elementary School Rated A-
  • Lower Floor Utility Room
  • Fenced Yard

About This Home

As of September 2019

Price Reduced! Quality all brick tri-level home plus sub basement. So much space in great location and top schools. Refinished hardwood floors on the main and 2nd levels. Main level has a nice size eat-in kitchen with pantry, formal Dining Room and large Living Room with lots of windows and natural light. 2nd floor has 3 good sized bedrooms with a newly remodeled bathroom with double sink. The Lower level with exterior access has a Family Room with fireplace, a sizable 4th Bedroom & full remodeled bathroom. Huge finished sub basement has plenty of room with a rec room, bar, a full laundry room and tons of extra storage space. Beautiful fenced in back yard with plenty of space for entertaining. 2 car brick detached garage. The roof was replaced in 2012. Great location near parks, metra and I-294. Move in ready and priced to sell! See Virtual Tour for 3D walkthrough

Last Agent to Sell the Property

Gregg Bernadette

HomeSmart Connect LLC License #475107136 Listed on: 06/29/2019

HomeSmart Connect LLC

Last Buyer's Agent

Amy Diamond

@properties Christie's International Real Estate License #475126552

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,956

Year Built

  • 1961

Lot Details

  • Dog Run
  • Fenced Yard

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Dual Sinks
  • Dry Bar
  • Wood Burning Fireplace
  • Recreation Room
  • Lower Floor Utility Room
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sub-Basement

Utilities

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

Additional Features

  • North or South Exposure
  • Patio

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,956

Year Built

1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 2280
  • Style Of House: Tri-Level
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 1961
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2994
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors, Wood Laminate Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 24X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV-Cable, Sump Pump
  • Fireplace Details: Wood Burning
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished, Sub-Basement
  • Bedrooms All Levels: 4
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 16X7, On Level: Basement, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 19X12, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Recreation Room, Utility Room-Lower Level
  • Master Bedroom: Dimensions: 14X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: Recreation Rm, Dimensions: 24X12, On Level: Basement, Flooring: Vinyl, Windows: None
  • Additional Room 2 Name: Utility Room-Lower Level, Dimensions: 12X13, On Level: Basement, Flooring: Vinyl, Windows: None
  • Bedroom 2: Dimensions: 14X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 4: Dimensions: 15X11, On Level: Lower, Flooring: Wood Laminate, Windows: Blinds
  • Estimated Sq Ft: 2280
  • Estimated Total Finished Sq Ft: 2994
  • Basement Sq Ft: 714
  • Basement Finished Sq Ft: 714
  • Lower Level Sq Ft: 783
  • Main Level Sq Ft: 714
  • Upper Level Sq Ft: 783
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 24X15, On Level: Lower, Flooring: Wood Laminate, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Dog Run, Storms/Screens
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 207
  • Elementary School: Franklin Elementary School
  • Middle School: Emerson Middle School
  • High School: Maine South High School
  • Junior High Dist: 64

Lot Info

  • Lot Dimensions: 52X129
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 09221120470000

Tax Info

  • Taxes: 9893.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2019
Closed on
Aug 30, 2019
Sold by
Oreshkov Lachezar and Oreshkov Erin
Bought by
Burke Edward V and Zirin Stephanie N
Seller's Agent
Gregg Bernadette
HomeSmart Connect LLC
Buyer's Agent
Amy Diamond
@properties Christie's International Real Estate
List Price
$419,500
Sold Price
$400,000
Premium/Discount to List
-$19,500
-4.65%
Current Estimated Value
$564,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,225
Avg. Annual Appreciation
6.48%
Original Mortgage
$360,000
Outstanding Balance
$315,378
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$266,793

Purchase Details

Listed on
Jul 13, 2015
Closed on
Aug 28, 2015
Sold by
Meehan Thomas J and Meehan Kathleen M
Bought by
Oreshkov Lachezar and Oreshkov Erin
Seller's Agent
Jean Meyer
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Gregg Bernadette
HomeSmart Connect LLC
List Price
$410,000
Sold Price
$380,000
Premium/Discount to List
-$30,000
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.28%
Original Mortgage
$304,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2001
Sold by
Meehan Thomas J and Meehan Kathleen M
Bought by
Meehan Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.28%

Purchase Details

Closed on
Sep 28, 1997
Sold by
Meehan Thomas J and Meehan Kathleen M
Bought by
Meehan Thomas J and Meehan Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.37%

Purchase Details

Closed on
Sep 25, 1997
Sold by
Contine Gordon M
Bought by
Meehan Thomas J and Meehan Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.37%

Purchase Details

Closed on
Nov 17, 1995
Sold by
Contine Gordon M
Bought by
Contine Gordon M and Gordon Contine Trust
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
Burke Edward V $400,000 Chicago Title Company
Oreshkov Lachezar $380,000 Ct
Meehan Kathleen M -- --
Meehan Thomas J -- --
Meehan Thomas J $181,666 Attorneys Natl Title Network
Contine Gordon M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Edward V $360,000
Previous Owner Oreshkov Lachezar $304,000
Previous Owner Meehan Thomas J $261,500
Previous Owner Meehan Thomas J $60,000
Previous Owner Meehan Thomas J $190,000
Previous Owner Meehan Kathleen M $185,000
Previous Owner Meehan Thomas J $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2019 09/11/19 Sold $400,000 -2.3% $175 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/12/2019 07/12/19 Price Changed $409,500 -1.2% $180 / Sq Ft
07/06/2019 07/06/19 Price Changed $414,500 -1.2% $182 / Sq Ft
06/29/2019 06/29/19 For Sale $419,500 +10.4% $184 / Sq Ft
08/28/2015 08/28/15 Sold $380,000 -4.8% $238 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
07/16/2015 07/16/15 Price Changed $399,000 -2.7% $249 / Sq Ft
07/13/2015 07/13/15 For Sale $410,000 -- $256 / 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 $9,956 $40,000 $9,009 $30,991
2023 $9,513 $40,000 $9,009 $30,991
2022 $9,513 $40,000 $9,009 $30,991
2021 $9,496 $31,222 $5,890 $25,332
2020 $9,119 $31,222 $5,890 $25,332
2019 $8,148 $34,692 $5,890 $28,802
2018 $9,893 $38,006 $5,197 $32,809
2017 $9,868 $38,006 $5,197 $32,809
2016 $10,428 $38,006 $5,197 $32,809
2015 $8,830 $33,205 $4,504 $28,701
2014 $8,475 $33,205 $4,504 $28,701
2013 $8,219 $33,205 $4,504 $28,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10434664

Midwest Real Estate Data (MRED)

APN: 09-22-112-047-0000