NOT LISTED FOR SALE

1506 Oakton St Park Ridge, IL 60068

Estimated Value: $397,000 - $493,000

3 Beds
3 Baths
1,260 Sq Ft
$370/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $253,000 $201 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,331/month

95 Days on Market

Highlights

  • Wood Flooring
  • Lower Floor Utility Room
  • Detached Garage
  • Franklin Elementary School Rated A-
  • Fenced Yard
  • Breakfast Bar

About This Home

As of March 2020

Sun drenched 3 bedroom and 2.5 bath split level home on a 50' wide lot! Newly refinished hardwood floors throughout. Kitchen features 42" cabinets, quartz counters and breakfast bar. 2nd level with 3 generous size bedrooms and full bath. Master bedroom suite with powder room that can easily be converted to full bath. Finished lower level family room with full size bathroom. Utility room with laundry, mechanicals and exterior access. Exterior features large size back yard, long and wide driveway leads to 2 car garage, concrete patio and fenced large size yard. Concrete crawl space provides plenty of storage! 1/2 mile walk to Dee Road Metra train, steps to Woodland Park, schools and more! This property is eligible under the Freddie Mac First Look Initiative through 11/08/2019 for owner occupied purchasers.

Last Agent to Sell the Property

Mera Kordic

RE/MAX Premier License #475135420 Listed on: 11/07/2019

RE/MAX  Premier

Last Buyer's Agent

Radu Muresan

Radu G. Muresan License #471012113

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,499

Year Built

  • 1968

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

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

Interior Spaces

  • Separate Shower
  • Lower Floor Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Kitchen Island

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

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

  • $7,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,499

Year Built

1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Tri-Level
  • Type Detached: Split Level
  • Estimated Year Built: 1968
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 19X12, On Level: Main Level, Flooring: Hardwood
  • Basement: Partial
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Half
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 11X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: Utility Room-Lower Level
  • Master Bedroom: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Utility Room-Lower Level, Dimensions: 6X12, On Level: Lower, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1260
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 23X15, On Level: Lower, Flooring: Ceramic Tile

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: N (North), S (South), E (East)
  • Acreage: 0.1331

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • 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: 5800
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 09224140380000

Tax Info

  • Taxes: 7991.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Mar 2, 2020
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ujan George I
Seller's Agent
Mera Kordic
RE/MAX Premier
Buyer's Agent
Radu Muresan
Radu G. Muresan
List Price
$349,900
Sold Price
$253,000
Premium/Discount to List
-$96,900
-27.69%
Current Estimated Value
$466,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,044
Avg. Annual Appreciation
11.09%
Original Mortgage
$240,350
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2019
Sold by
Maalouf Jamil
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Feb 26, 2019
Sold by
Maalouf Jamil and Youmaran Nida
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Listed on
Apr 15, 2016
Closed on
Jun 22, 2016
Sold by
Mcgarry Michael E
Bought by
Maalouf Jamil
Seller's Agent
Keith Reboletti
RE/MAX Properties Northwest
Buyer's Agent
Baha Joudeh
Chicagoland Brokers, Inc
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$308,750
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2007
Sold by
Mcgarry Michael E and Mcgarry Eileen
Bought by
Mcgarry Michael E and Michael E Mcgarry Jr Residence Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 5, 2002
Sold by
Mihos Tom and Mihos Antigoni
Bought by
Mcgarry Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.13%

Purchase Details

Closed on
Oct 24, 1994
Sold by
Collins Howard G and Collins Josephine A
Bought by
Mihos Tom and Mihos Antigoni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
9.4%
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
Ujan George I -- Attorney
Federal Home Loan Mortgage Corp -- None Available
Federal Home Loan Mortgage Corp -- None Available
Maalouf Jamil $325,000 Stewart Title
Mcgarry Michael E -- None Available
Mcgarry Michael E $310,000 --
Mihos Tom $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Urjan George $240,350
Previous Owner Maalouf Jamil $308,750
Previous Owner Mcgarry Michael E $276,000
Previous Owner Mcgarry Michael E $287,000
Previous Owner Mcgarry Michael E $100,000
Previous Owner Mcgarry Michael E $248,000
Previous Owner Mihos Tom $141,750
Closed Mcgarry Michael E $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $253,000 -6.3% $201 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
01/09/2020 01/09/20 Price Changed $269,900 -3.6% $214 / Sq Ft
12/21/2019 12/21/19 Price Changed $279,900 -6.7% $222 / Sq Ft
12/07/2019 12/07/19 Price Changed $299,900 -4.8% $238 / Sq Ft
11/22/2019 11/22/19 Price Changed $314,900 -10.0% $250 / Sq Ft
11/07/2019 11/07/19 For Sale $349,900 +7.7% $278 / Sq Ft
06/29/2016 06/29/16 Sold $325,000 -6.9% $258 / Sq Ft
05/08/2016 05/08/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $349,000 -- $277 / 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 $9,499 $35,000 $7,540 $27,460
2023 $9,102 $35,000 $7,540 $27,460
2022 $9,102 $35,000 $7,540 $27,460
2021 $8,862 $29,137 $5,365 $23,772
2020 $8,510 $29,137 $5,365 $23,772
2019 $8,438 $32,375 $5,365 $27,010
2018 $7,991 $27,925 $4,640 $23,285
2017 $7,957 $27,925 $4,640 $23,285
2016 $7,662 $27,925 $4,640 $23,285
2015 $6,738 $26,407 $4,060 $22,347
2014 $6,468 $26,407 $4,060 $22,347
2013 $6,272 $26,407 $4,060 $22,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10569035

Midwest Real Estate Data (MRED)

APN: 09-22-414-038-0000