NOT LISTED FOR SALE

1440 Hoffman Ave Park Ridge, IL 60068

Estimated Value: $489,000 - $588,000

3 Beds
2 Baths
1,734 Sq Ft
$305/Sq Ft Est. Value

Last Sold July 14, 2016

Last sale price $307,500 $177 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,564/month

26 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Den
  • Franklin Elementary School Rated A-
  • Corner Lot
  • Walk-In Pantry

About This Home

As of July 2016

Spacious and open ranch lovingly cared for by long time owner. Gleaming hardwood floors throughout the first floor. Large bedrooms, big kitchen with separate eating area, and an enormous basement featuring a family room with fireplace. Private corner lot in a wonderful neighborhood. Close to shopping, restaurants and transportation. Award winning schools and all that Park Ridge has to offer.

Last Agent to Sell the Property

Pete Gialamas

Century 21 Langos & Christian License #471020247 Listed on: 01/11/2016

Century 21 Langos & Christian

Last Buyer's Agent

Ilona Kapustka

Arc Red Inc Arc Realty Group License #475133302

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,422

Year Built

  • 1954

Lot Details

  • Fenced Yard
  • Corner Lot

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Bathroom on Main Level
  • Wood Burning Fireplace
  • Dining Area
  • Den
  • Workroom
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Eco-Friendly Details

  • North or South Exposure

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,422

Year Built

1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1954
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Living Room: Dimensions: 14X21, On Level: Main Level, Flooring: Hardwood
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room, Basement
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 13X20, On Level: Basement
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 9X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Den, Eating Area, Workroom
  • Master Bedroom: Dimensions: 12X15, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Eating Area, Dimensions: 8X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Den, Dimensions: 12X14, On Level: Basement, Flooring: Vinyl
  • Bedroom 2: Dimensions: 11X16, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Work Rm, Dimensions: 13X22, On Level: Basement, Flooring: Vinyl
  • Bedroom 3: Dimensions: 12X14, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1734
  • Dining Room Type: Separate
  • Family Room: Dimensions: 17X40, On Level: Basement, Flooring: Vinyl

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • 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: 70 X 136 X 69 X 135
  • Lot Description: Corner, Fenced Yard
  • Parcel Identification Number: 09221110370000

Tax Info

  • Taxes: 3579

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
Jul 14, 2016
Sold by
Guerrieri Rose and Guerrieri Kathryn
Bought by
Gurga Marek and Gurga Barbara
Seller's Agent
Pete Gialamas
Century 21 Langos & Christian
Buyer's Agent
Ilona Kapustka
Arc Red Inc Arc Realty Group
List Price
$349,900
Sold Price
$307,500
Premium/Discount to List
-$42,400
-12.12%
Current Estimated Value
$529,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,818
Avg. Annual Appreciation
6.12%
Original Mortgage
$246,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2015
Sold by
Guerrieri Rose
Bought by
Trust #1440

Purchase Details

Closed on
Mar 27, 2015
Sold by
Guerrieri Rose and Guerrieri Kathryn L
Bought by
Guerrieri Rose
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
Gurga Marek $307,500 Precision Title Company
Trust #1440 -- None Available
Guerrieri Rose -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurga Barbara $270,000
Closed Gurga Marek $246,000
Previous Owner Guerrieri Rose $68,016
Previous Owner Guerrieri Rose $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2016 07/14/16 Sold $307,500 -12.1% $177 / Sq Ft
02/06/2016 02/06/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $349,900 -- $202 / 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 $8,422 $37,000 $12,012 $24,988
2023 $8,021 $37,000 $12,012 $24,988
2022 $8,021 $37,000 $12,012 $24,988
2021 $7,668 $31,208 $7,854 $23,354
2020 $7,484 $31,208 $7,854 $23,354
2019 $7,429 $34,676 $7,854 $26,822
2018 $2,582 $35,629 $6,930 $28,699
2017 $9,974 $38,376 $6,930 $31,446
2016 $10,530 $38,376 $6,930 $31,446
2015 $3,729 $33,999 $6,006 $27,993
2014 $3,579 $33,999 $6,006 $27,993
2013 -- $33,999 $6,006 $27,993
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09114088

Midwest Real Estate Data (MRED)

APN: 09-22-111-037-0000