NOT LISTED FOR SALE

1516 Oakton St Park Ridge, IL 60068

Estimated Value: $482,000 - $531,000

3 Beds
2 Baths
1,121 Sq Ft
$450/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $410,000 $366 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,437/month

3 Days on Market

Highlights

  • Ranch Style House
  • Stainless Steel Appliances
  • 1 Car Attached Garage
  • Franklin Elementary School Rated A-
  • Fenced Yard
  • Patio

About This Home

As of June 2021

Everything you've been waiting for! Great ranch totally updated with all the bells and whistles. Stainless steel appliances, granite countertops, eat-in kitchen, hardwood floors, 3 bedrooms up with 4th bedroom in lower level. Beautifully redone baths as well as fully finished basement with laundry room. Meticulously maintained, all this on an oversized lot with plenty of outdoor space to enjoy. A pleasure to show.

Last Agent to Sell the Property

Sue Hall

@properties Christie's International Real Estate License #475127402 Listed on: 04/22/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Elizabeth Goodchild

Realty of America License #471009852

Realty of America

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,123

Year Built

  • Built in 1957

Lot Details

  • 8,699 Sq Ft Lot
  • Lot Dimensions are 75 x 108
  • Fenced Yard

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,121 Sq Ft Home
  • Combination Dining and Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Franklin Elementary School
  • Lincoln Middle School
  • Maine South High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,123

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1121
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 399900
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Franklin Elementary School
  • High School: Maine South High School
  • Middle/Junior School: Lincoln Middle School
  • Middle/Junior School District: 64

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1997
  • Lot Dimensions: 75 X 108
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8122.77
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 9, 2021
Sold by
Bisognani Joseph M and Bisognani Michelle
Bought by
Vazhel Roshn and Avis Ellery
Seller's Agent
Sue Hall
@properties Christie's International Real Estate
Buyer's Agent
Elizabeth Goodchild
Realty of America
Sold Price
$410,000
Current Estimated Value
$504,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,548
Avg. Annual Appreciation
5.06%
Original Mortgage
$328,000
Outstanding Balance
$299,226
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$205,322

Purchase Details

Listed on
Jul 27, 2014
Closed on
Oct 29, 2014
Sold by
Nachman Anna and Nachman Andrzej
Bought by
Bisognani Joseph M
Seller's Agent
Irena Kirchhoff
K & L REALTY, INC
Buyer's Agent
Wayne Varga
Coldwell Banker Realty
List Price
$348,900
Sold Price
$326,000
Premium/Discount to List
-$22,900
-6.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$285,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2013
Sold by
Smole Stanislaw
Bought by
Nachman Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2002
Sold by
Smolen Stanislaw and Smolen Krystyna Mosson
Bought by
Smolen Stanislaw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.18%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 4, 1998
Sold by
Mammen P C and Mammen Mariamma
Bought by
Smolen Stanislaw and Mosson Smolen Krystyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
7.07%
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
Vazhel Roshn $410,000 None Available
Bisognani Joseph M $326,000 None Available
Nachman Anna $175,000 Saturn Title Llc
Smolen Stanislaw -- --
Smolen Stanislaw $182,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazhel Roshn $328,000
Previous Owner Bisognani Joseph M $285,000
Previous Owner Bisognani Joseph M $7,500
Previous Owner Nachman Anna $171,830
Previous Owner Smolen Stanislaw $120,000
Previous Owner Smolen Stanislaw $70,000
Previous Owner Smolen Stanislaw $60,000
Previous Owner Smolen Stanislaw $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $410,000 +2.5% $366 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/25/2021 04/25/21 For Sale -- -- --
04/22/2021 04/22/21 For Sale $399,900 +22.7% $357 / Sq Ft
10/24/2014 10/24/14 Sold $326,000 -6.6% $291 / Sq Ft
09/06/2014 09/06/14 Pending -- -- --
07/26/2014 07/26/14 For Sale $348,900 -- $311 / 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 $8,249 $33,708 $11,310 $22,398
2023 $8,206 $33,708 $11,310 $22,398
2022 $8,206 $34,974 $11,310 $23,664
2021 $8,105 $29,978 $8,047 $21,931
2020 $7,850 $29,978 $8,047 $21,931
2019 $8,123 $34,595 $8,047 $26,548
2018 $6,889 $27,508 $6,960 $20,548
2017 $6,877 $27,508 $6,960 $20,548
2016 $7,711 $30,599 $6,960 $23,639
2015 $6,183 $22,670 $6,090 $16,580
2014 $6,854 $22,670 $6,090 $16,580
2013 $5,739 $22,670 $6,090 $16,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11062521

Midwest Real Estate Data (MRED)

APN: 09-22-414-037-0000