NOT LISTED FOR SALE

1995 Farrell Ave Park Ridge, IL 60068

Estimated Value: $567,137 - $683,000

5 Beds
2 Baths
2,951 Sq Ft
$209/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $430,000 $146 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,170/month

Highlights

  • Ranch Style House
  • Corner Lot
  • Breakfast Bar
  • Franklin Elementary School Rated A-
  • Attached Garage
  • Patio

About This Home

As of November 2020

This charming Sprawling Ranch has SO much to offer. 5 Bedrooms, 2 full bathrooms and a half bath plumbed in the basement. Your new home sits on an over-sized corner lot, build out, or up if need be. This home features a picture perfect Chip & Jo, inspired kitchen with beautiful solid wood cabinets, solid surface counter tops & stylish Farmhouse kitchen faucet. The kitchen is SO spacious with an eat-in area, and a bonus dining room with built-in dry bar for pantry items, Sonos speakers and tv. No detail missed, a large formal dining room and living room have cove-molding. Nest Thermostats. Your residential oasis is ready for you, updated Spa-like bathroom with multi-jetted walk-in shower (50GAL water tank for long showers). Costly items have been updated, newer windows and doors ($17K expense taken care of!) boiler, a/c unit and appliances, not to mention a 200 AMP electrical panel. A finished basement with 7 foot ceilings, with a bar, equip with Bose surround sound system for movie nights and Sunday football, and a fireplace for added charm. Enjoy PARK RIDGE SCHOOLS, with plenty of space for the entire family & your own private retreat in your back-yard with a Zen Garden. Close to Northwest Park/ Franklin Elementary School, enjoy playgrounds and basketball courts. 1.5 Car attached garage, and huge driveway for additional parking. 1 Mile to Dee Road Metra Station. It doesn't get better than this. Nothing to move in and ENJOY! Close to Woodland Park which just received a $400K Grant from Illinois. The Woodland Park project includes 6 pickleball courts, basketball court, pathways, a restroom, storm water detention with rain gardens, a picnic shelter, outdoor ping pong table and cornhole. The project's construction will begin this year. Pictures include virtually painted kitchen, and a virtual rendering if someone would like to make the kitchen and formal dining room open concept. This is a must see in person to appreciate the size of the house! Low taxes!

Last Agent to Sell the Property

Abby Powell

Baird & Warner License #475178365 Listed on: 09/18/2020

Last Buyer's Agent

Mustafa Noori

Kale Realty License #475191512

Kale Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,881

Year Built

  • 1954

Lot Details

  • 8,276

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Dry Bar
  • Fireplace With Gas Starter
  • See Through Fireplace
  • Dining Area

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Shower Body Spray
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Central Air
  • Baseboard Heating
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Patio
  • Corner Lot

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,881

Year Built

1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Interstate Access
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1468
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1954
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2951
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Interior Property Features: Bar-Dry, 1st Floor Bedroom
  • Number Of Rooms: 9
  • Living Room: Dimensions: 19X14, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: See through/Multi Sided, Gas Starter
  • Attic: Pull Down Stair
  • Fireplace Location: Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 2
  • Bathroom Amenities: Separate Shower, Full Body Spray Shower
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X8, On Level: Basement
  • Dining Room: Dimensions: 14X11, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 11X14, On Level: Main Level, Flooring: Porcelain Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom, Eating Area
  • Master Bedroom: Dimensions: 11X15, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 14X7, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Eating Area, Dimensions: 15X11, On Level: Main Level
  • Bedroom 2: Dimensions: 9X13, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 3 Name: Bar, Dimensions: 29X33, On Level: Basement, Flooring: Ceramic Tile
  • Bedroom 3: Dimensions: 12X8, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 4: Dimensions: 15X11, On Level: Basement, Flooring: Porcelain Tile
  • Estimated Sq Ft: 2951
  • Estimated Total Finished Sq Ft: 2951
  • Basement Sq Ft: 1483
  • Basement Finished Sq Ft: 1483
  • Upper Level Sq Ft: 1468
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: N (North)
  • Acreage: 0.1924

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1.5
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Baseboard, Radiant

Schools

  • School District: 207
  • Elementary School: Franklin Elementary School
  • Middle School: Emerson Middle School
  • High School: Maine South High School
  • Junior High Dist: 64
  • High School #2: Maine East High School

Lot Info

  • Lot Dimensions: 85X106X86X129
  • Lot Description: Corner
  • Parcel Identification Number: 09222010520000

Tax Info

  • Taxes: 7423.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Nov 20, 2020
Sold by
Lacoppola Rachale J Paterno and Lacoppola Joseph C
Bought by
Syed Shams I
Seller's Agent
Abby Powell
Baird & Warner
Buyer's Agent
Mustafa Noori
Kale Realty
List Price
$449,000
Sold Price
$430,000
Premium/Discount to List
-$19,000
-4.23%
Current Estimated Value
$617,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,284
Avg. Annual Appreciation
7.66%
Original Mortgage
$407,292
Outstanding Balance
$360,443
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$256,841

Purchase Details

Closed on
Sep 11, 2015
Sold by
Paterno Lacoppola Rachale and Lacoppola Joseph C
Bought by
Paterno Lacoppola Rachale J and Lacoppola Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,600
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2010
Sold by
Figueroa Rachale
Bought by
Paterno Lacoppola Rachale

Purchase Details

Closed on
Apr 26, 2010
Sold by
Figuero Michael A
Bought by
Figueroa Rachale J

Purchase Details

Closed on
Oct 13, 2004
Sold by
Mullarkey Rachale and Figueroa Rachale
Bought by
Figueroa Rachale

Purchase Details

Closed on
May 12, 1999
Sold by
Ranieri Mary Rita
Bought by
Mullarkey Rachale
Source: Public Records

Range of Values:

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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
Syed Shams I $430,000 Greater Illinois Title
Paterno Lacoppola Rachale J -- Advantage Title Company Llc
Paterno Lacoppola Rachale -- None Available
Figueroa Rachale J -- None Available
Figueroa Rachale -- --
Mullarkey Rachale $247,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Syed Shams I $407,292
Previous Owner Paterno Lacoppola Rachale J $325,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $430,000 -4.2% $146 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $449,000 -- $152 / 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 $10,881 $40,092 $8,383 $31,709
2023 $10,426 $40,092 $8,383 $31,709
2022 $10,426 $40,092 $8,383 $31,709
2021 $8,638 $28,401 $6,706 $21,695
2020 $7,389 $28,401 $6,706 $21,695
2019 $7,423 $31,912 $6,706 $25,206
2018 $9,298 $35,927 $5,868 $30,059
2017 $9,276 $35,927 $5,868 $30,059
2016 $9,172 $35,927 $5,868 $30,059
2015 $9,064 $32,011 $4,820 $27,191
2014 $8,902 $32,011 $4,820 $27,191
2013 $8,414 $32,011 $4,820 $27,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10863131

Midwest Real Estate Data (MRED)

APN: 09-22-201-052-0000