NOT LISTED FOR SALE

2340 Oak Tree Ln Park Ridge, IL 60068

Estimated Value: $1,306,000 - $1,383,075

5 Beds
4.5 Baths
3,897 Sq Ft
$345/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $1,175,000 $302 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,990/month

4 Days on Market

Highlights

  • Family Room with Fireplace
  • Recreation Room
  • Wood Flooring
  • Franklin Elementary School Rated A-
  • Vaulted Ceiling
  • Whirlpool Bathtub

About This Home

As of February 2023

Amazing 5 Bedroom 4.1 Bath home situated on an 80x134 lot. This gorgeous home has been meticulously maintained and recently renovated. Stunning hardwood floors throughout. A massive kitchen with granite counters, newer stainless steel appliances and a center island open to the eating area and vaulted ceiling family room. Formal living and dining rooms, as well as a butler pantry with wine fridge and a walk-in pantry. All 5 bedrooms up with a beautiful master suite featuring 2 walk-in closets and a spa-like master bath. A great junior suite with en-suite bath, plus three additional large bedrooms and second floor laundry complete the upstairs. The full finished basement features a large recreation room, a game room/potential 6th bedroom, workout area and tons of additional storage. A great deck off the family room and kitchen is perfect for entertaining overlooking the large fenced in yard. The mudroom leads you in to the 3 car attached garage. An amazing location close to award winning schools, expressways and transportation.

Last Agent to Sell the Property

Matt Steiger

@properties Christie?s International Real Estate License #475173660 Listed on: 12/01/2022

@properties Christie?s International Real Estate

Last Buyer's Agent

Azra Kadric

Century 21 Circle License #475202984

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,395

Year Built

  • Built in 2003

Lot Details

  • 10,481 Sq Ft Lot
  • Lot Dimensions are 80x134
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,897 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Mud Room
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Game Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

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

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator
  • Lake Michigan Water
  • Gas Water Heater

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,395

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Cooktop
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Second Floor Laundry, Walk-In Closet(s)
  • LivingArea: 3897
  • Other Equipment: Security System, Sump Pump, Sprinkler-Lawn, Generator, Water Heater-Gas
  • Room Type: Bedroom 5, Breakfast Room, Walk In Closet, Recreation Room, Sitting Room, Mud Room, Utility Room-Lower Level, Game Room, Pantry, Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 1150000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Zoned
  • Laundry Features: Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • 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: 0.2406
  • Lot Dimensions: 80X134
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 20394.54
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Feb 15, 2023
Sold by
Franceschini Joseph A and Franceschini Rita
Bought by
Kadric Hidajet
Seller's Agent
Matt Steiger
@properties Christie?s International Real Estate
Buyer's Agent
Azra Kadric
Century 21 Circle
List Price
$1,150,000
Sold Price
$1,175,000
Premium/Discount to List
$25,000
2.17%
Views
72
Current Estimated Value
$1,343,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,769
Avg. Annual Appreciation
5.40%
Original Mortgage
$940,000
Outstanding Balance
$908,417
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$435,352

Purchase Details

Closed on
Jan 14, 2011
Sold by
Franceschini Joseph A and Franceschini Rita
Bought by
Franceschini Joseph A and Franceschini Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,450
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2003
Sold by
Schmidt & Associates Construction Inc
Bought by
Franceschini Joseph A and Scardino Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 12, 2000
Sold by
Jaroch Albert and Jaroch Christine
Bought by
Schmidt & Associates Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Interest Rate
8.03%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 22, 2000
Sold by
Wozny Richard and Wozny Catherine A
Bought by
Jaroch Albert and Jaroch Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

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Average Value
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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
Kadric Hidajet $1,175,000 Chicago Title
Franceschini Joseph A -- Lsi
Franceschini Joseph A $843,000 --
Franceschini Joseph A $843,000 --
Schmidt & Associates Construction Inc $305,000 --
Jaroch Albert $277,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kadric Hidajet $940,000
Previous Owner Franceschini Joseph $535,000
Previous Owner Franceschini Joseph $81,000
Previous Owner Franceschini Joseph A $214,450
Previous Owner Franceschini Joseph A $200,000
Previous Owner Franceschini Joseph A $294,500
Previous Owner Franceschini Joseph A $320,000
Previous Owner Schmidt & Associates Construction Inc $652,000
Previous Owner Jaroch Albert $591,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $1,175,000 +2.2% $302 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $1,150,000 -- $295 / 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 $20,697 $79,574 $10,480 $69,094
2023 $19,805 $79,574 $10,480 $69,094
2022 $19,805 $79,574 $10,480 $69,094
2021 $20,395 $70,386 $8,384 $62,002
2020 $19,652 $70,386 $8,384 $62,002
2019 $19,719 $79,086 $8,384 $70,702
2018 $22,518 $82,123 $7,336 $74,787
2017 $22,439 $82,123 $7,336 $74,787
2016 $21,848 $82,123 $7,336 $74,787
2015 $21,579 $72,587 $6,026 $66,561
2014 $21,170 $72,587 $6,026 $66,561
2013 $20,035 $72,587 $6,026 $66,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11680546

Midwest Real Estate Data (MRED)

APN: 09-22-115-017-0000