NOT LISTED FOR SALE

318 Root St Park Ridge, IL 60068

Estimated Value: $1,339,000 - $1,824,000

4 Beds
6 Baths
4,239 Sq Ft
$374/Sq Ft Est. Value

Sale Details

Date Sold: February 20, 2015

Last sale price $1,030,000 $243 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $10,653 / mo

70 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Wood Flooring
  • Eugene Field Elementary School Rated A-
  • Landscaped Professionally
  • 3-minute walk to Hinkley Park

About This Home

As of February 2015

STUNNING 4 BEDROOM, 4.2 BATH COLONIAL ON OVERSIZED CORNER LOT. THIS HOME HAS ALL THE FINISHINGS! 1ST FLR STDY, TRAY CEILINGS, GORGEOUS FP, SPACIOUS KIT W/ HIGH END SS APPS. MASTER SUITE W/ HIS/HER WIC'S, DOUBLE SINKS, STEAM SHOWER + JACUZZI. ALL BEDS EQUIPPED W/ PRIVATE BATHS! LARGE BACKYARD W/ BRICK PAVER PATIO, 20X40 POOL, HOT TUB, AND EXCEPTIONAL LANDSCAPING. PLEASE FIND FULL AMENITIES SHEET UNDER ADDITIONAL DOCS.

Last Agent to Sell the Property

Christine Gordon

Northwest Real Estate Group License #475135505 Listed on: 10/14/2014

Northwest Real Estate Group

Co-Listed By

Sue Hall

@properties Christie's International Real Estate License #475127402

Last Buyer's Agent

Michael Lohens

RE/MAX Properties Northwest License #475139093

RE/MAX Properties Northwest

Home Details

Home Type

  • Single Family

Year Built

  • 2005

Lot Details

  • Southern Exposure
  • Fenced Yard
  • Landscaped Professionally
  • Corner Lot

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Dry Bar
  • Gas Log Fireplace
  • Breakfast Room
  • Utility Room with Study Area
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

2005

Lot Details

10,193 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 6-10 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.2
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Property Features: Hot Tub, Bar-Dry, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Security System, Intercom, Fire Sprinklers, Ceiling Fan, Power Generator
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Full Body Spray Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Dining Room: Dimensions: 18X14, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Breakfast Room, Study
  • Master Bedroom: Dimensions: 18X16, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 2 Name: Study, Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 18X14, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 18X11, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Bedroom 4: Dimensions: 16X12, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Estimated Sq Ft: 4239
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X14, On Level: Main Level, Flooring: Hardwood, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Hot Tub, Brick Paver Patio, Pool In-Ground, Storms/Screens
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service, 400 Amp Service or Greater
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 64

Lot Info

  • Lot Dimensions: 51X204X49X203
  • Lot Description: Corner, Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 09264030040000

Tax Info

  • Taxes: 23276.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2014
Closed on
Feb 20, 2015
Sold by
Pearson Brock A
Bought by
Giannese Armando J and Giannese Amy M
Seller's Agent
Christine Gordon
Northwest Real Estate Group
Buyer's Agent
Michael Lohens
RE/MAX Properties Northwest
List Price
$1,175,000
Sold Price
$1,030,000
Premium/Discount to List
-$145,000
-12.34%
Current Estimated Value
$1,584,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,863
Avg. Annual Appreciation
3.92%
Original Mortgage
$824,000
Outstanding Balance
$623,437
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$961,426

Purchase Details

Closed on
Nov 14, 2006
Sold by
Pearson Brock A
Bought by
Pearson Brock A and Trust #318

Purchase Details

Closed on
Mar 7, 2006
Sold by
Grand Manor Builders Inc
Bought by
Pearson Brock A

Purchase Details

Closed on
Oct 16, 2003
Sold by
Angsten Allen N
Bought by
Grand Manor Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.5%
Mortgage Type
Construction
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

Date Buyer Sale Price Title Company
Giannese Armando J $1,030,000 Ct
Pearson Brock A -- None Available
Pearson Brock A $1,400,000 Multiple
Grand Manor Builders Inc $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giannese Armando J $824,000
Previous Owner Grand Manor Builders Inc $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2015 02/20/15 Sold $1,030,000 -12.3% $243 / Sq Ft
12/23/2014 12/23/14 Pending -- -- --
10/14/2014 10/14/14 For Sale $1,175,000 -- $277 / 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 $26,299 $159,100 $21,930 $137,170
2024 $26,299 $94,916 $18,360 $76,556
2023 $28,711 $113,822 $18,360 $95,462
2022 $28,711 $113,822 $18,360 $95,462
2021 $26,004 $88,831 $9,180 $79,651
2020 $26,537 $93,960 $9,180 $84,780
2019 $28,037 $111,001 $9,180 $101,821
2018 $23,296 $84,843 $7,905 $76,938
2017 $24,229 $88,404 $7,905 $80,499
2016 $25,176 $94,253 $7,905 $86,348
2015 $22,834 $76,658 $6,630 $70,028
2014 $24,592 $83,907 $6,630 $77,277
2013 $23,277 $83,907 $6,630 $77,277
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08752698

Midwest Real Estate Data (MRED)

APN: 09-26-403-004-0000

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