NOT LISTED FOR SALE

25 Park Ln Unit 25 Park Ridge, IL 60068

Estimated Value: $565,000 - $772,000

3 Beds
4 Baths
3,400 Sq Ft
$202/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $555,000 $163 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,693/month

8 Days on Market

Highlights

  • Living Room with Fireplace
  • Formal Dining Room
  • Soaking Tub
  • George B Carpenter Elementary School Rated A
  • Attached Garage
  • Resident Manager or Management On Site

About This Home

As of December 2021

This spectacular, updated townhome lives like a single family with it's big backyard, tons of windows, gas fireplace in the living room--all without the hassle of maintenance. The huge kitchen is amazing and one of a kind. The entire back of the home overlooks a fenced, private backyard. The master suite is great at a total of 500 sq feet and includes a large soaking tub, walk in shower with rain shower, marble floors and private comode. All 4 of the bathrooms have been recently updated (2 full & 2 powder.) The full finished basement provides tons of room for family get-togethers, office space or for the kids to hangout. This acclaimed community, Park Lane provides 24 hour gated security, swimming pool, fitness center, tennis courts, amazing landscape. Monthly assessments include Water, security, internet with basic cable, exterior maintenance, scavenger, snow removal, Client providing $5000 closing cost credit.

Last Agent to Sell the Property

Mary Aloisio

@properties Christie's International Real Estate License #475168184 Listed on: 11/03/2021

@properties Christie's International Real Estate

Co-Listed By

Bob Aloisio

@properties Christie's International Real Estate License #475174036

Last Buyer's Agent

Non Member

NON MEMBER

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,256

Year Built | Renovated

  • 1975 | 2018

Lot Details

  • 1.79

HOA Fees

  • $775 per month

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,400 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Finished Basement Bathroom

Bedrooms and Bathrooms

  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units
  • Maria Association, Phone Number (847) 692-2668
  • Property managed by Rosen Management

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,256

Year Built | Renovated

1975 | 2018

Lot Details

0

HOA Fees

$775 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Townhouse-TriLevel
  • Property Sub Type: Townhouse-TriLevel
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2018
  • Co List Office Mls Id: MRD26150
  • Co List Office Phone: (773) 250-0400
  • Directions: Talcott/Riverside Dr North of Touhy to Park Lane, Stop at gate for entry
  • Lot Size: INTEGRAL
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1975
  • Year Renovated: 2018

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Freezer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Built-In Oven, Range Hood
  • Has Basement: Full
  • Fireplace Features: Gas Log, Gas Starter
  • Estimated Total Finished Sq Ft: 3400
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2400
  • Basement Sq Ft: 1200
  • Fireplace Location: Living Room
  • Total Sq Ft: 3600
  • Unfinished Basement Sq Ft: 200
  • Upper Level Sq Ft: 1200
  • Main Level Sq Ft: 1200
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1000
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn, Backup Sump Pump;
  • Dining Room Type: Office, Recreation Room
  • Stories: 3

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Lot Features: Fenced Yard, Landscaped
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Rosen Management
  • Management Contact Name: Maria
  • Management Phone: 847-692-2668
  • Amenities: Exercise Room, On Site Manager/Engineer, Pool, Tennis Court(s)
  • Association Fee: 775
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Schools

  • Elementary School: George B Carpenter Elementary Sc
  • High School: Maine South High School
  • Junior High Dist: 207
  • Middle Or Junior School: Emerson Middle School

Lot Info

  • Special Assessments: U

Rental Info

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

Multi Family

  • Units in Building: 4

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 8247
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2022
Sold by
Varchetto Anthony F
Bought by
Anthony F Varchetto Trust
Current Estimated Value
$687,772

Purchase Details

Closed on
Jul 1, 2021
Sold by
Plaza Leo and Plaza Charisse
Bought by
Varchetto Anthony F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2015
Closed on
May 31, 2016
Sold by
Rynes Glenn A
Bought by
Plazza Leo and Plazza Charisse
Seller's Agent
Kevin Rynes
@properties Christie's International Real Estate
Buyer's Agent
Jennifer Mannis
Pearson Realty Group
List Price
$429,000
Sold Price
$375,000
Premium/Discount to List
-$54,000
-12.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$300,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2001
Sold by
Rynes Shirley M
Bought by
Rynes Shirley M and Shirley M Rynes Qualified Personal Resid
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
Anthony F Varchetto Trust -- None Listed On Document
Varchetto Anthony F $555,000 Stewart Title
Plazza Leo $375,000 Chicago Title Insurance Comp
Rynes Shirley M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varchetto Anthony F $444,000
Previous Owner Plazza Leo $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2021 12/08/21 Sold $555,000 -3.5% $163 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $574,900 +53.3% $169 / Sq Ft
05/31/2016 05/31/16 Sold $375,000 -3.6% $161 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
03/30/2016 03/30/16 Price Changed $389,000 -9.3% $167 / Sq Ft
07/30/2015 07/30/15 For Sale $429,000 -- $185 / 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 $15,256 $59,530 $4,359 $55,171
2023 $14,592 $59,530 $4,359 $55,171
2022 $14,592 $59,530 $4,359 $55,171
2021 $8,519 $31,339 $3,900 $27,439
2020 $8,247 $31,339 $3,900 $27,439
2019 $8,245 $35,066 $3,900 $31,166
2018 $9,693 $33,871 $3,441 $30,430
2017 $9,652 $33,871 $3,441 $30,430
2016 $9,293 $33,871 $3,441 $30,430
2015 $9,801 $34,402 $2,982 $31,420
2014 $9,625 $34,402 $2,982 $31,420
2013 $9,099 $34,402 $2,982 $31,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11262024

Midwest Real Estate Data (MRED)

APN: 09-27-306-151-1005