NOT LISTED FOR SALE

1501 Cherry St Park Ridge, IL 60068

Estimated Value: $541,083 - $595,000

5 Beds
3 Baths
1,096 Sq Ft
$508/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $320,000 $292 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,735/month

144 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Corner Lot
  • George B Carpenter Elementary School Rated A
  • Sun or Florida Room
  • L-Shaped Dining Room

About This Home

As of May 2013

BRICK TRI-LEVEL WITH SUB BASEMENT. UPDATED EAT-IN KITCHEN, HARDWOOD GALORE. SEPARATE LAUNDRY AREA. 5 BR AND ONE IS ON THE FIRST FLOOR, 2.5 BATHS. LAUNDRY ROOM, 2.5 CAR GARAGE, OVERSIZED LOT, DECK, CENTRAL A/C & LOW TAXES. OWNER WANTS OFFER.

Last Agent to Sell the Property

Thomas Larsen

Century 21 McMullen Real Estate Inc License #475098467 Listed on: 11/09/2012

Last Buyer's Agent

Kaloian Kouzmanov

Top Realty Group. LLC License #475144213

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $9,786

Lot Details

  • 9,496

Parking

  • Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • L-Shaped Dining Room
  • Formal Dining Room
  • Sun or Florida Room
  • Laminate Flooring
  • Breakfast Bar

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Additional Features

  • Deck
  • Corner Lot

Property Details

Home Type

Other

Est. Annual Taxes

$9,786

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Architectural Style: Tri-Level
  • Type Detached: Split Level w/ Sub
  • Special Features: None

Interior Features

  • Appliances: Oven-Double, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer
  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 9
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 12X10
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 10X10
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 13X8
  • Third Bedroom Flooring: Hardwood
  • Fourth Bedroom Level: Main Level
  • Fourth Bedroom Size: 13X7
  • Fourth Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 18X12
  • Living Room Flooring: Hardwood
  • Dining Room: Separate, L-shaped
  • Dining Room Level: Main Level
  • Dining Room Size: 10X11
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 12X12
  • Family Room Flooring: Vinyl
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 13X9
  • Kitchen Flooring: Hardwood
  • Laundry Level: Lower
  • Laundry Size: 19X9
  • Laundry Flooring: Vinyl
  • Additional Rooms: 5th Bedroom, Deck, Sun/Florida Room
  • Additional Room 1 Name: 5th Bdrm
  • Additional Room 1 Level: Lower
  • Additional Room 1 Size: 9X6
  • Additional Room 1 Flooring: Vinyl
  • Additional Room 2 Name: Deck
  • Additional Room 2 Level: Main Level
  • Additional Room 2 Size: 12X12
  • Additional Room 2 Flooring: Hardwood
  • Additional Room 3 Name: Sunroom
  • Additional Room 3 Level: Main Level
  • Additional Room 3 Size: 22X11
  • Additional Room 3 Flooring: Vinyl

Exterior Features

  • Roof: Asphalt/Glass (Shingles)
  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Exterior Property Features: Deck

Garage/Parking

  • Number of Cars: 2.5
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Parking Included In Price: Yes

Utilities

  • Cooling: Central Air
  • Electricity: Circuit Breakers, 200+ Amp Service
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Schools

  • Junior High Dist: 64

Lot Info

  • Lot Dimensions: 71.11 X 123.11
  • Lot Description: Corner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2012
Closed on
May 13, 2013
Sold by
Kastrantas Kathy
Bought by
Marinov Kamen and Marinov Dora
Seller's Agent
Thomas Larsen
Century 21 McMullen Real Estate Inc
Buyer's Agent
Kaloian Kouzmanov
Top Realty Group. LLC
List Price
$399,000
Sold Price
$320,000
Premium/Discount to List
-$79,000
-19.8%
Current Estimated Value
$556,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,521
Avg. Annual Appreciation
4.54%
Original Mortgage
$288,000
Outstanding Balance
$204,262
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$352,259

Purchase Details

Closed on
Aug 10, 2009
Sold by
Kastrantas Kathy
Bought by
Kastrantas Kathy and Trust Of Kathy Kastrantas
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
Marinov Kamen $320,000 First American Title
Kastrantas Kathy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marinov Kamen $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2013 05/15/13 Sold $320,000 -9.6% $292 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
02/14/2013 02/14/13 Price Changed $354,000 -2.7% $323 / Sq Ft
01/03/2013 01/03/13 Price Changed $364,000 -8.8% $332 / Sq Ft
11/09/2012 11/09/12 For Sale $399,000 -- $364 / 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 $9,786 $36,995 $12,346 $24,649
2023 $9,350 $39,374 $12,346 $27,028
2022 $9,350 $39,374 $12,346 $27,028
2021 $7,092 $26,649 $8,072 $18,577
2020 $7,286 $28,048 $8,072 $19,976
2019 $7,229 $31,165 $8,072 $23,093
2018 $7,140 $28,385 $7,122 $21,263
2017 $7,127 $28,385 $7,122 $21,263
2016 $7,103 $28,385 $7,122 $21,263
2015 $6,591 $23,994 $6,173 $17,821
2014 $6,478 $23,994 $6,173 $17,821
2013 $7,444 $28,622 $6,173 $22,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08217312

Midwest Real Estate Data (MRED)

APN: 09-27-414-008-0000