NOT LISTED FOR SALE

402 N Merrill St Park Ridge, IL 60068

Estimated Value: $811,059 - $1,156,000

4 Beds
4 Baths
3,200 Sq Ft
$301/Sq Ft Est. Value

Last Sold February 14, 2018

Last sale price $760,000 $238 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,412/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Landscaped Professionally
  • Mud Room
  • Eugene Field Elementary School Rated A-
  • Wood Flooring
  • Screened Porch

About This Home

As of February 2018

CHARM, CHARACTER, AND MODERN AMMENITIES EXUDE FROM THIS STUNNING COUNTRY CLUB DUTCH COLONIAL THAT IS WALKING DISTANCE TO TOWN, TRAIN, SCHOOLS AND WHOLE FOODS. THIS HOME WAS EXPANDED IN 2005 DOUBLING ITS SIZE. NO EXPENSE WAS SPARED WITH THE EXPANSION BOASTING A TRADITIONAL FLOOR PLAN WITH A FORMAL LIVING AND DINING ROOMS, 1ST FLOOR OFFICE, MUD ROOM AND AN INCREDIBLE 1ST FLOOR FAMILY ROOM/GREAT ROOM WITH A COFFERED CEILING. THE FAMILY ROOM IS FLANKED BY THE CHEF'S KITCHEN WITH A CENTER ISLAND, PREMIUM APPLIANCES AND BUTLERS PANTRY. THE FIRST FLOOR CONTINUES TO IMPRESS WHEN YOU ARE DRINKING YOUR MORNING COFFEE ON THE SCREENED VERANDA LEADING OUT TO THE PRIVATE PROFESSIONALLY DESIGNED AND LANDSCAPED BACKYARD. CONTINUING THRU THE HOME TO THE SECOND FLOOR THERE ARE HARD WOOD FLOORS THRU-OUT, 4 SECOND FLOOR BEDROOMS AND A MASTER SUITE WITH HIS & HERS VANITIES AND HUGE WALK-IN CLOSET. THE BASEMENT IS FINISHED WITH A 3RD FULL BATH, A LAUNDERETTE AND PLENTY OF SPACE FOR PLAYROOM AND STORAGE.

Last Agent to Sell the Property

Bryan Mercado

RE/MAX Properties Northwest License #475138154 Listed on: 12/04/2017

RE/MAX Properties Northwest

Last Buyer's Agent

Elaine Specha

Berkshire Hathaway HomeServices American Heritage License #471001283

Berkshire Hathaway HomeServices American Heritage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,656

Year Built | Renovated

  • 1925 | 2003

Lot Details

  • East or West Exposure
  • Landscaped Professionally

Parking

  • Detached Garage
  • Garage Door Opener
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Home Office
  • Screened Porch
  • Lower Floor Utility Room
  • Wood Flooring
  • Storm Screens

Kitchen

  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

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

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,698 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,656

Year Built | Renovated

1925 | 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2003
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1925
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925
  • Year Renovated: 2003

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 21X12, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Wood Burning, Gas Logs
  • Attic: Full
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 9X7, On Level: Basement, Flooring: Granite, Windows: None
  • Dining Room: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Kitchen Type: Island, Pantry-Butler, Pantry-Walk-in
  • Additional Rooms: Office, Foyer, Mud Room, Utility Room-Lower Level, Pantry, Screened Porch
  • Master Bedroom: Dimensions: 19X14, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Additional Room 1 Name: Office, Dimensions: 13X7, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Additional Room 2 Name: Foyer, Dimensions: 14X6, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 19X12, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Additional Room 3 Name: Mud, Dimensions: 8X6, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Bedroom 3: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Additional Room 4 Name: Utility Room-Lower Level, Dimensions: 38X20, On Level: Basement
  • Bedroom 4: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet, Windows: Plantation Shutters
  • Additional Room 5 Name: Pantry, Dimensions: 7X4, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 6 Name: Screened Porch, Dimensions: 12X8, On Level: Main Level, Windows: None
  • Estimated Sq Ft: 3200
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X14, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch Screened, Brick Paver Patio, Storms/Screens
  • Exposure: E (East)
  • Acreage: 0.1837

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 207
  • Elementary School: EUGENE FIELD ELEMENTARY SCHOOL
  • Middle School: EMERSON MIDDLE SCHOOL
  • High School: MAINE SOUTH HIGH SCHOOL
  • Junior High Dist: 64

Lot Info

  • Lot Dimensions: 50X160
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 09253100240000

Tax Info

  • Taxes: 11018.70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2017
Closed on
Feb 7, 2018
Sold by
Brown Harry M and Brown Mary Kathleen
Bought by
Holcomb Aaron and Holcomb Brenda
Seller's Agent
Bryan Mercado
RE/MAX Properties Northwest
Buyer's Agent
Elaine Specha
Berkshire Hathaway HomeServices American Heritage
List Price
$785,000
Sold Price
$760,000
Premium/Discount to List
-$25,000
-3.18%
Current Estimated Value
$963,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,265
Avg. Annual Appreciation
3.16%
Original Mortgage
$490,000
Outstanding Balance
$408,340
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$554,925

Purchase Details

Closed on
Nov 9, 1993
Sold by
Franzoni Andrew J and Franzoni Penny Peterson
Bought by
Brown Harry M and Brown Mary Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.5%
Source: Public Records

Range of Values:

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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
Holcomb Aaron $760,000 Attorneys Title Guaranty Fun
Brown Harry M $265,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holcomb Aaron $490,000
Previous Owner Brown Harry M $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2018 02/14/18 Sold $760,000 -3.2% $238 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
12/04/2017 12/04/17 For Sale $785,000 -- $245 / 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 $15,656 $93,940 $14,400 $79,540
2023 $14,974 $61,000 $14,400 $46,600
2022 $14,974 $61,000 $14,400 $46,600
2021 $16,828 $55,328 $7,200 $48,128
2020 $16,160 $55,328 $7,200 $48,128
2019 $14,238 $60,800 $7,200 $53,600
2018 $11,119 $45,037 $6,200 $38,837
2017 $11,102 $45,037 $6,200 $38,837
2016 $11,183 $45,037 $6,200 $38,837
2015 $11,019 $38,349 $5,200 $33,149
2014 $10,818 $38,349 $5,200 $33,149
2013 $10,230 $38,349 $5,200 $33,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09811746

Midwest Real Estate Data (MRED)

APN: 09-25-310-024-0000