NOT LISTED FOR SALE

316 S Redfield Ct Park Ridge, IL 60068

Estimated Value: $980,000 - $1,112,000

4 Beds
3.5 Baths
3,293 Sq Ft
$316/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $820,000 $249 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,028/month

37 Days on Market

Highlights

  • Colonial Architecture
  • Family Room with Fireplace
  • Whirlpool Bathtub
  • George Washington Elementary School Rated A
  • Recreation Room
  • Formal Dining Room

About This Home

As of June 2021

Fantastic living in a prestigious location. This home offers some of the best features and is updated to fit today's lifestyle. Open floor plan with a dramatic foyer, new porcelain tile and impressive staircase. Bright, white kitchen offers an abundance of cabinetry, quartz countertops, Thor range and designer backsplash. The Master bedroom which has a dream bathroom with a freestanding tub, separate shower and double sink. The other 3 bedrooms are generous in size and closet space. Convenient 1st floor laundry room is complete with washer, gas dryer and quality cabinets. Finished lower level includes a large recreation room with fireplace, 5th bedroom, custom built-ins and full bath, Great location near transportation, walking distance to Maine South, Washington Elementary School, Lincoln Middle School and Centennial Park.

Last Agent to Sell the Property

Laura Tibu

HomeSmart Connect LLC License #475177573 Listed on: 03/13/2021

HomeSmart Connect LLC

Last Buyer's Agent

Vickie Soupos

Fulton Grace Realty License #475125581

Fulton Grace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,053

Year Built

  • Built in 1988 | Remodeled in 2019

Lot Details

  • 6,599 Sq Ft Lot
  • Lot Dimensions are 131 x 50
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,293 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Recreation Room
  • Pull Down Stairs to Attic

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Schools

  • George Washington Elementary Sch
  • Lincoln Middle School
  • Maine South High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,053

Year Built

Built in 1988 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1988
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 2
  • LivingArea: 3293
  • Other Equipment: Humidifier, TV-Cable, Ceiling Fan(s), Multiple Water Heaters
  • Room Type: Recreation Room, Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Family Room,Basement
  • Total Sq Ft: 0
  • Attic: Pull Down Stair

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Zoned
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: George Washington Elementary Sch
  • High School: Maine South High School
  • Middle/Junior School: Lincoln Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1515
  • Lot Dimensions: 131 X 50
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 16052.74
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
Jun 10, 2021
Sold by
Ibn Mahfoudh Ahmed and Syed Nikhat B
Bought by
Economos John G and Economos Eugenia
Seller's Agent
Laura Tibu
HomeSmart Connect LLC
Buyer's Agent
Vickie Soupos
Fulton Grace Realty
Sold Price
$820,000
Current Estimated Value
$1,040,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,375
Avg. Annual Appreciation
5.62%
Original Mortgage
$656,000
Outstanding Balance
$600,356
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$440,019

Purchase Details

Closed on
Jul 26, 2017
Sold by
Erwin Erwin Margaret L Margaret L
Bought by
Ibn Mahfoudh Ahmed and Syed Nikhat B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2009
Sold by
Erwin Margaret
Bought by
Erwin Thomas K

Purchase Details

Closed on
Dec 15, 1999
Sold by
Erwin Thomas and Erwin Margaret
Bought by
Erwin Margaret and Declaration Of Trust By Margaret Erwin
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
Economos John G $820,000 Altima Title Llc
Ibn Mahfoudh Ahmed $660,000 Attorneys Title Guaranty Fun
Erwin Thomas K -- None Available
Erwin Margaret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Economos John G $656,000
Previous Owner Ibn Mahfoudh Ahmed $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2021 06/24/21 Sold $820,000 -1.8% $249 / Sq Ft
04/21/2021 04/21/21 For Sale -- -- --
04/19/2021 04/19/21 Pending -- -- --
03/28/2021 03/28/21 Price Changed $834,999 -1.8% $254 / Sq Ft
03/13/2021 03/13/21 For Sale $850,000 -- $258 / 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 $18,998 $70,000 $11,108 $58,892
2023 $18,204 $70,000 $11,108 $58,892
2022 $18,204 $70,000 $11,108 $58,892
2021 $16,983 $59,169 $6,860 $52,309
2020 $16,375 $59,169 $6,860 $52,309
2019 $16,053 $65,021 $6,860 $58,161
2018 $18,187 $63,553 $5,880 $57,673
2017 $17,845 $66,000 $5,880 $60,120
2016 $19,459 $73,417 $5,880 $67,537
2015 $17,278 $58,642 $4,900 $53,742
2014 $16,954 $58,642 $4,900 $53,742
2013 $16,041 $58,642 $4,900 $53,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11019984

Midwest Real Estate Data (MRED)

APN: 09-34-211-039-0000