NOT LISTED FOR SALE

1518 S Cumberland Ave Park Ridge, IL 60068

O'Hare Neighborhood

Estimated Value: $443,000 - $485,000

3 Beds
2 Baths
1,121 Sq Ft
$412/Sq Ft Est. Value

Last Sold April 02, 2024

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

Est. 13% increase in value since last sale

Current estimated payment $3,115/month

7 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • Corner Lot
  • George Washington Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to Brickton Park

About This Home

As of April 2024

Nestled on a corner lot facing Frances Parkway in Park Ridge, this meticulously maintained solid brick ranch home is a haven of comfort and convenience. Lovingly cared for by the same owners for many years! The main floor offers three well-proportioned bedrooms and a full bathroom, while the finished basement boasts an additional bedroom, a full bathroom, and a recreation room with knotty pine paneling. The home is equipped with many upgrades, including an oversized 2.5-car heated garage, a newer fence (2021), a whole-house outside generator (2015), a hot water tank (2014), central air (2014), a tear-off roof (2010), and underground sprinklers. Conveniently located near Marianos grocery store and the Blue Line train station, this charming residence presents an exceptional opportunity.

Last Agent to Sell the Property

Kenneth Guzzetta

RE/MAX Properties Northwest License #475139079 Listed on: 02/06/2024

RE/MAX Properties Northwest

Co-Listed By

Timothy Guzzetta

RE/MAX Properties Northwest License #475156336

Last Buyer's Agent

Elizabeth Czech

RE/MAX Suburban License #475141815

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,313

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 64x130
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,121 Sq Ft Home
  • Combination Dining and Living Room
  • Home Office
  • Recreation Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Unfinished Attic
  • Storm Screens

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Patio
  • Outdoor Grill

Schools

  • George Washington Elementary Sch
  • Lincoln Middle School
  • Maine South High School

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural 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

$5,313

Year Built

Built in 1956

Lot Details

0

Parking

2

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: 1956
  • 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1121
  • Room Type: Recreation Room, Utility Room-Lower Level, Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Unfinished
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens, Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • List Price: 445000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: George Washington Elementary Sch
  • High School: Maine South High School
  • Middle/Junior School: Lincoln Middle School
  • Middle/Junior School District: 64

Lot Info

  • Lot Dimensions: 64X130
  • 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: 5313.33
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 26, 2024
Sold by
John T Emery Revocable Trust and Joan H Emery Revocable Trust
Bought by
Zhou Jing
Seller's Agent
Kenneth Guzzetta
RE/MAX Properties Northwest
Buyer's Agent
Elizabeth Czech
RE/MAX Suburban
List Price
$445,000
Sold Price
$410,000
Premium/Discount to List
-$35,000
-7.87%
Views
45
Current Estimated Value
$461,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,436
Avg. Annual Appreciation
8.33%

Purchase Details

Closed on
Apr 25, 2006
Sold by
Emery John T and Emery Joan H
Bought by
Emery John T and John T Emery Revocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zhou Jing $410,000 Prairie Title
Emery John T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emery John T $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $410,000 -7.9% $366 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $445,000 -- $397 / 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 $7,438 $33,000 $10,833 $22,167
2023 $7,086 $33,000 $10,833 $22,167
2022 $7,086 $33,000 $10,833 $22,167
2021 $5,313 $25,457 $7,083 $18,374
2020 $4,782 $25,457 $7,083 $18,374
2019 $4,710 $28,476 $7,083 $21,393
2018 $5,158 $24,854 $6,041 $18,813
2017 $5,023 $24,854 $6,041 $18,813
2016 $5,696 $24,854 $6,041 $18,813
2015 $6,178 $24,368 $5,208 $19,160
2014 $6,082 $24,368 $5,208 $19,160
2013 $5,730 $24,368 $5,208 $19,160
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11975213

Midwest Real Estate Data (MRED)

APN: 12-02-117-015-0000