NOT LISTED FOR SALE

2771 Mayfield Dr Park Ridge, IL 60068

Estimated Value: $1,275,660 - $1,456,000

5 Beds
6 Baths
8,073 Sq Ft
$165/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2021

Last sale price $975,000 $121 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $9,159 / mo

44 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Whirlpool Bathtub
  • Brick Driveway
  • Franklin Elementary School Rated A-
  • Attached Garage
  • Heated Garage

About This Home

As of September 2021

MOTIVATED SELLER HAS ALLOWED HUGE PRICE REDUCTION!! Welcome to this Impressive architectural masterpiece that will transcend the ages. The pinnacle of sophisticated living. A residence unlike any other situated in the highly sought-after. This 2002 Contemporary style custom build luxury brick home features 5309 sqft of living space along with 5 beds and 5 1/2 baths. A Grand 2 story lavish concourse opens into a home that exudes drama throughout. A majestic entry with Dual Staircase greets you to its spectacular layout that has a living room, a formal dining room perfect for entertaining on a grand scale, gourmets dream kitchen with custom cabinetry, granite countertops, and high-end appliances, eat-in kitchen area, huge conspicuous family room with soaring ceilings and expansive floor, an office and one bedroom with an attached full bath on the main level. 2nd level boasts 4 large bedrooms with ample closet space and an enormous media room, 3 full baths, a regal master suite with impressive closet space, a Posh master bath with a jacuzzi, and extensive use of marble tile. A colossal fully finished basement promotes an open floor plan with 9 ft high ceilings, a 2nd kitchen, utility room, a full bathroom, and room for recreation, gaming, exercise and so much more. This breathtaking home offers 4 fireplaces, 4 balconies, 2 kitchens with a huge island, a central vacuum system, and a vast driveway along with a 2 1/2 car park garage. A unique enormous yard is perfect for outdoor activities and gatherings. Established neighborhood, close to Maine East High School, I-294, restaurants, and many more. Schedule your showing today!

Last Agent to Sell the Property

Azhar Saiyed

Coldwell Banker Realty License #475177412 Listed on: 07/16/2021

Coldwell Banker Realty

Last Buyer's Agent

Azhar Saiyed

Coldwell Banker Realty License #475177412 Listed on: 07/16/2021

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • 2002

Lot Details

  • 0.3

Parking

  • Attached Garage
  • Heated Garage
  • Brick Driveway
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 8,073 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Finished Basement

  • Fireplace in Basement
  • Finished Basement Bathroom

Home Details

Home Type

Single Family

Year Built

2002

Lot Details

0.3 Acres

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Contemporary
  • Directions: DEMPSTER TO POTTER SOUTH TO MAYFIELD WEST TO 2771
  • Lot Size: 12420
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 2002

Interior Features

  • Has Basement: Full
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Log, Gas Starter
  • Estimated Total Finished Sq Ft: 8073
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Full Body Spray Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Basement
  • Total Sq Ft: 8073
  • Attic: Finished,Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2764
  • Fireplaces: 4
  • Interior Amenities: Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • Other Equipment: Humidifier, Intercom, Fire Sprinklers, CO Detectors, Ceiling Fan(s), Fan-Attic Exhaust, Fan-Whole House, Sump Pump
  • Dining Room Type: Bedroom 5, Media Room, Office, Eating Area, Kitchen, Balcony/Porch/Lanai, Recreation Room

Exterior Features

  • Roof: Shake
  • Exterior Features: Balcony, Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2.5
  • Driveway: Brick
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Kitchen, Laundry Closet, Multiple Locations, Sink
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 207
  • Middle Or Junior School: Emerson Middle School

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 24202.25
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Sep 18, 2021
Sold by
Afroze Mohammedullah K and Ali Mohammed Faisal
Bought by
Ali Mohammaed Faisal
Seller's Agent
Azhar Saiyed
Coldwell Banker Realty
Buyer's Agent
Azhar Saiyed
Coldwell Banker Realty
List Price
$1,100,000
Sold Price
$975,000
Premium/Discount to List
-$125,000
-11.36%
Current Estimated Value
$1,328,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,415
Avg. Annual Appreciation
6.91%
Original Mortgage
$548,000
Outstanding Balance
$495,367
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$833,048

Purchase Details

Closed on
Dec 4, 2017
Sold by
Mohammed Azhar A
Bought by
Afroze Mohammedullah K and Ali Mohammed Faisal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 15, 2015
Sold by
Colfin Bulls A Il Residential Llc
Bought by
Mohammed Azhar A

Purchase Details

Closed on
Feb 12, 2014
Sold by
Baig Mirza M
Bought by
Colfin Bulls A Il Residential Llc

Purchase Details

Closed on
Jul 13, 2001
Sold by
Hardej Jolanta
Bought by
Baig Mirza M

Purchase Details

Closed on
Jul 26, 2000
Sold by
Weimeschkirch Raymond P and Weimeschkirch Susan P
Bought by
Hardej Jolanta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
8.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ali Mohammaed Faisal $975,000 Chicago Title
Afroze Mohammedullah K $950,000 Attorneys Title Guaranty Fun
Mohammed Azhar A $750,000 Ct
Colfin Bulls A Il Residential Llc -- None Available
Baig Mirza M $287,000 Stewart Title
Hardej Jolanta $264,000 1St American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Ali Mohammaed Faisal $548,000
Previous Owner Afroze Mohammedullah K $650,000
Previous Owner Hardej Jolanta $237,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $975,000 -11.4% $121 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $1,100,000 -- $136 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $24,893 $113,000 $20,516 $92,484
2024 $24,893 $92,574 $17,207 $75,367
2023 $25,257 $98,000 $17,207 $80,793
2022 $25,257 $98,000 $17,207 $80,793
2021 $24,421 $83,452 $11,250 $72,202
2020 $24,412 $83,452 $11,250 $72,202
2019 $24,202 $92,725 $11,250 $81,475
2018 $26,985 $94,268 $9,927 $84,341
2017 $25,900 $94,268 $9,927 $84,341
2016 $25,154 $94,268 $9,927 $84,341
2015 $24,389 $81,891 $8,603 $73,288
2014 $23,918 $81,891 $8,603 $73,288
2013 $22,651 $81,891 $8,603 $73,288
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11159332

Midwest Real Estate Data (MRED)

APN: 09-22-122-016-0000

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