NOT LISTED FOR SALE

1525 W Marcus Ct Park Ridge, IL 60068

Estimated Value: $586,000 - $711,000

3 Beds
2 Baths
1,700 Sq Ft
$388/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $615,000 $362 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,394/month

13 Days on Market

Highlights

  • Open Floorplan
  • Property is near a park
  • Ranch Style House
  • Franklin Elementary School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of January 2024

(((PRICE JUST REDUCED!!))) FANTASTIC LOOKING MUST SEE HOME! (((PRICE JUST REDUCED!!))) Presenting this Beautiful (3 Bedroom / 2 full Bathroom) Complete Gut Rehab Open Concept Floor Plan Home that was stripped down to the studs including a brand new sprinkler system. The home is located in the Uber desirable Manor subdivision of Park Ridge. The owners have spared no expense with this Gut rehab and everything is Immaculate and Brand new. The recessed ceiling in the dining room kitchen combo area has been raised to 12 foot vaulted ceilings. Beautiful Custom Kitchen with Quartz countertops throughout along with an All Stainless steel Appliance Package and Very sharp looking backsplash in the kitchen. The Master bathroom shower has Italian porcelain tiles, Spanish Marble floors in the bathrooms along with Quartz countertops and an Led double vanity in the Master bathroom with touch back lights. Separate Laundry room with side by side Washer & Dryer and sink. All LED lighting throughout the entire house. New Decorative Stone by the back patio along with a New concrete patio on one side of the yard, along with a new paver patio on the other side. All new windows through Advanced windows Corp. The Highest quality Comfort maker furnace. Highest quality Bradford White 50 gallon hot water tank. Brand new water meter, new gas meter and a brand new electric meter along with a new electric box. Brand new 30-year roof with architectural shingles, new soffits & new fascia. All brand new siding throughout. MASSIVE FRONT & BACK YARD WITH MATURE TREES ALL AROUND! THE HOUSE IS A MUST SEE AND WILL NOT LAST LONG IN THIS MARKET!

Last Agent to Sell the Property

David Mishel

Compass License #475159283 Listed on: 11/27/2023

Compass

Last Buyer's Agent

Tyler Gregory

Wolf Residential Group LLC License #475184645

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,585

Year Built

  • Built in 1949 | Remodeled in 2023

Lot Details

  • 10,799 Sq Ft Lot
  • Lot Dimensions are 80x135
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

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

Interior Spaces

  • 1,700 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Gas Water Heater

Additional Features

  • Patio
  • Property is near a park

Community Details

  • Manor Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,585

Year Built

Built in 1949 | Remodeled in 2023

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
  • Subdivision Name: Manor
  • Year Built: 1949
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry, Ceiling - 9 Foot, Open Floorplan, Dining Combo, Pantry
  • LivingArea: 1700
  • Other Equipment: Humidifier, Fire Sprinklers, CO Detectors, Water Heater-Gas
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 624888
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • 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: Emerson Middle School
  • Middle/Junior School District: 64

Lot Info

  • Lot Size Acres: 0.2479
  • Lot Dimensions: 80X135
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5585
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Jan 11, 2024
Sold by
Dang Huong Thi Thu
Bought by
Simpson Randi Lewaren and Simpson Carolyn
Seller's Agent
David Mishel
Compass
Buyer's Agent
Tyler Gregory
Wolf Residential Group LLC
List Price
$624,888
Sold Price
$615,000
Premium/Discount to List
-$9,888
-1.58%
Views
392
Current Estimated Value
$659,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,077
Avg. Annual Appreciation
4.23%
Original Mortgage
$506,976
Outstanding Balance
$498,050
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$161,027

Purchase Details

Listed on
Oct 21, 2020
Closed on
Mar 2, 2021
Sold by
Peters Christopher A
Bought by
Dang Huong Thi Thu
Seller's Agent
Kenneth Welter
RE/MAX Properties Northwest
Buyer's Agent
Patrycja Zakrzewska
Baird & Warner
List Price
$359,000
Sold Price
$325,000
Premium/Discount to List
-$34,000
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.08%

Purchase Details

Closed on
Jan 23, 2015
Sold by
Peters Christopher A and Peters Margaret R
Bought by
Peters Christopher A

Purchase Details

Closed on
Feb 17, 2000
Sold by
Peters Christopher A
Bought by
Peters Christopher A and Peters Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
8.27%
Mortgage Type
Unknown
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
Simpson Randi Lewaren $615,000 None Listed On Document
Dang Huong Thi Thu $325,000 Attorneys Ttl Guaranty Fund
Peters Christopher A -- None Available
Peters Christopher A -- Stewart Title Guaranty Compa
Peters Christopher A -- Absolute Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Randi Lewaren $506,976
Previous Owner Peters Christopher A $290,500
Previous Owner Peters Christopher A $283,500
Previous Owner Peters Christopher A $195,000
Previous Owner Peters Christopher A $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $615,000 -1.6% $362 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $624,888 +92.3% $368 / Sq Ft
03/15/2021 03/15/21 Sold $325,000 -9.5% $193 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
10/21/2020 10/21/20 For Sale $359,000 -- $213 / 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 $10,585 $39,000 $10,800 $28,200
2023 $10,142 $39,000 $10,800 $28,200
2022 $10,142 $39,000 $10,800 $28,200
2021 $5,585 $33,095 $8,640 $24,455
2020 $4,996 $33,095 $8,640 $24,455
2019 $4,928 $37,186 $8,640 $28,546
2018 $5,421 $33,080 $7,560 $25,520
2017 $5,845 $33,080 $7,560 $25,520
2016 $6,352 $33,080 $7,560 $25,520
2015 $7,067 $28,158 $6,210 $21,948
2014 $7,962 $29,638 $6,210 $23,428
2013 $6,444 $29,638 $6,210 $23,428
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11936492

Midwest Real Estate Data (MRED)

APN: 09-22-202-003-0000