NOT LISTED FOR SALE

Estimated Value: $496,000 - $506,000

2 Beds
2 Baths
1,975 Sq Ft
$833/mo HOA Fee

Last Sold January 06, 2023

Last sale price $415,000 $210 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,232/month

10 Days on Market

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 2023

RESORT 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

Michael Lohens

RE/MAX Properties Northwest License #475139093 Listed on: 11/08/2022

RE/MAX Properties Northwest

Last Buyer's Agent

Jean Meyer

Berkshire Hathaway HomeServices Chicago License #475126906

Berkshire Hathaway HomeServices Chicago

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,693

Year Built

Built in 1976

Lot Details

0

HOA Fees

$833 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Park Lane
  • Year Built: 1976
  • Age: 41-50 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): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan
  • LivingArea: 1975
  • Other Equipment: Humidifier
  • Room Type: Foyer, Balcony/Porch/Lanai, Walk In Closet
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 1975
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1975
  • Fireplace Location: Living Room
  • Total Sq Ft: 1975
  • Main Level Sq Ft: 1975

Exterior Features

  • ExteriorFeatures: Balcony, In Ground Pool, Storms/Screens, Outdoor Grill, Fire Pit
  • List Price: 425000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric
  • Laundry Features: Electric Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 833
  • Association Amenities: Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: ROSEN
  • Management Contact Name: LINDA GOHMAN
  • Management Phone: 847-692-2668
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Parking, Insurance, Security, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: George B Carpenter Elementary Sc
  • High School: Maine South High School
  • Middle/Junior School: Emerson Middle School
  • Middle/Junior School District: 64

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7693
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 153

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
$502,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,444
Avg. Annual Appreciation
7.28%
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
Source: Public Records

Range of Values:

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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
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

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 $8,661 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11669123

Midwest Real Estate Data (MRED)

APN: 09-27-306-145-1033