Park Lane Condominiums 22 Park Ln Unit 201 Park Ridge, IL 60068
Estimated Value: $480,000 - $524,000
2
Beds
2
Baths
1,975
Sq Ft
$833/mo
HOA Fee
Highlights
- Fitness Center
- In Ground Pool
- Wood Flooring
- George B Carpenter Elementary School Rated A
- Open Floorplan
- Main Floor Bedroom
About This Home
As of January 2023RESORT LIVING IN THE ONLY GATED COMPLEX IN PARK RIDGE. YOUR CLIENTS WILL LOVE THE OPEN FLOOR PLAN IN THE MODIFIED 2 BEDROOM AND A DEN C UNIT, 1975 SQUARE FEET IN PRESTIGIOUS PARK LANE. THE LARGE LIVING ROOM HAS A FULL WALL OF WINDOWS THAT HAS A BEAUTIFUL VIEW OF POOL AND COURTYARD, THERE IS ALSO A GAS FIREPLACE. THE VERY LARGE FORMAL DINING ROOM IS PERFECT FOR YOUR ENTERTAINING. THE OPEN KITCHEN HAS A LARGE ISLAND AND A FULL WALL OF BUILT IN CABINETS, THERE IS ALSO PLENTY ROOM FOR A KITCHEN TABLE. THERE ARE TWO SETS OF SLIDING DOORS OUT TO THE EXPANSIVE DECK, ONE FROM THE KITCHEN AND THE OTHER FROM THE MASTER BERDOOM. THERE IS A DEN THAT IS COMPLETELY OPEN TO THE KITCHEN. THE LARGE MASTER BEDROOM HAS A WALK-IN CLOSET, FULL BATH WITH TUB AND SEPARATE SHOWER. THERE IS AN IN-UNIT LAUNDRY ROOM, TWO CAR GARAGE AND A STORAGE LOCKER ON THE 4TH FLOOR. FURNACE.AC & HUMIDIFIER 2 MONTHS OLD. SO MANY AMENITIES AT PARK LANE, 24 HOUR GATE HOUSE, SWIMMING POOL, SAUNA, HEALTH CLUB, TENNIS COURTS, PARTY ROOM, SUN DECK, INDOOR CAR WASHING STATION, GUEST SUITES FOR RENT, ON SITE MANAGEMENT AND MAINTENANCE CREW. UNIT IS VERY CLOSE TO THE ELEVATOR AND SO ARE THE PARKING SPOTS.
Last Agent to Sell the Property
RE/MAX Properties Northwest License #475139093 Listed on: 11/08/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,693
Year Built
- Built in 1976
Lot Details
- 2.49
HOA Fees
- $833 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Tandem Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,975 Sq Ft Home
- Open Floorplan
- Gas Log Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Washer
Home Security
Outdoor Features
- In Ground Pool
- Fire Pit
- Outdoor Grill
Schools
- George B Carpenter Elementary Sc
- Emerson Middle School
- Maine South High School
Utilities
- Central Air
- Humidifier
- Heating Available
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, gas, parking, insurance, security, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
- 153 Units
- Linda Gohman Association, Phone Number (847) 692-2668
- Park Lane Subdivision
- Property managed by ROSEN
- 5-Story Property
Amenities
- Sundeck
- Party Room
- Elevator
- Community Storage Space
Recreation
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2022
Closed on
Dec 29, 2022
Sold by
Sylvia G Livaccari Trust
Bought by
Rabe Glenda P
Seller's Agent
Michael Lohens
RE/MAX Properties Northwest
Buyer's Agent
Jean Meyer
Berkshire Hathaway HomeServices Chicago
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Views
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,794
Avg. Annual Appreciation
8.05%
Original Mortgage
$311,250
Outstanding Balance
$300,787
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$200,857
Purchase Details
Closed on
Aug 20, 1999
Sold by
Ognar Robert J and Ognar Lauri J
Bought by
Larson John I and Anderson Dorothy E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.7%
Purchase Details
Closed on
Sep 20, 1994
Sold by
Livaccari Sam A and Livaccari Sylvia G
Bought by
Livaccari Sylvia G and Sylvia G Livaccari Trust
Purchase Details
Closed on
May 14, 1993
Sold by
Girot Thomas R and Mielke David G
Bought by
Livaccari Sam A and Livaccari Sylvia G
Similar Homes in Park Ridge, IL
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rabe Glenda P | $415,000 | First American Title | |
| Rabe Glenda P | $415,000 | First American Title | |
| Larson John I | $242,000 | -- | |
| Livaccari Sylvia G | -- | -- | |
| Livaccari Sam A | $183,333 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rabe Glenda P | $311,250 | |
| Previous Owner | Larson John I | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2023 01/06/23 | Sold | $415,000 | -2.4% | $210 / Sq Ft |
| 11/19/2022 11/19/22 | Pending | -- | -- | -- |
| 11/08/2022 11/08/22 | For Sale | $425,000 | -- | $215 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $8,661 | $37,880 | $846 | $37,034 |
| 2023 | $8,250 | $37,880 | $846 | $37,034 |
| 2022 | $8,250 | $37,880 | $846 | $37,034 |
| 2021 | $7,885 | $31,921 | $756 | $31,165 |
| 2020 | $7,692 | $31,921 | $756 | $31,165 |
| 2019 | $7,700 | $35,717 | $756 | $34,961 |
| 2018 | $6,155 | $27,690 | $667 | $27,023 |
| 2017 | $6,159 | $27,690 | $667 | $27,023 |
| 2016 | $6,423 | $27,690 | $667 | $27,023 |
| 2015 | $4,638 | $19,533 | $578 | $18,955 |
| 2014 | $4,574 | $19,533 | $578 | $18,955 |
| 2013 | $4,303 | $19,533 | $578 | $18,955 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Lohens
Seller's Agent in 2023
Michael Lohens
RE/MAX
(847) 921-5522
75 in this area
136 Total Sales
-
Jean Meyer
Buyer's Agent in 2023
Jean Meyer
Berkshire Hathaway HomeServices Chicago
(847) 638-6538
14 in this area
24 Total Sales
About Park Lane Condominiums
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11669123
APN: 09-27-306-145-1033
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