NOT LISTED FOR SALE

424 Park Ave Unit 506 River Forest, IL 60305

Estimated Value: $283,000 - $351,000

2 Beds
2 Baths
1,220 Sq Ft
$254/Sq Ft Est. Value

About This Home

This home is located at 424 Park Ave Unit 506, River Forest, IL 60305 and is currently estimated at $309,765, approximately $253 per square foot. 424 Park Ave Unit 506 is a home located in Cook County with nearby schools including Lincoln Elementary School, Roosevelt Middle School, and Oak Park and River Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2009
Sold by
Mcdermott Maureen T and Ramirez Maureen T
Bought by
Mcdermott Maureen T
Current Estimated Value
$309,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,830
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2008
Sold by
Ritchie William H and Ritchie Jeanne
Bought by
Ramirez Maureen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,350
Interest Rate
6.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 9, 1996
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Ritchie William H and Ritchie Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
7.87%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Mcdermott Maureen T -- Citywide Title Corporation
Ramirez Maureen T $233,000 Attorneys Title Guaranty Fun
Ritchie William H $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Maureen T $162,165
Closed Mcdermott Maureen T $219,830
Closed Ramirez Maureen T $221,350
Previous Owner Ritchie William H $93,000
Previous Owner Ritchie William H $86,400
Source: Public Records

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 $5,202 $22,320 $997 $21,323
2023 $5,722 $22,320 $997 $21,323
2022 $5,722 $21,140 $1,692 $19,448
2021 $5,538 $21,139 $1,692 $19,447
2020 $5,481 $21,139 $1,692 $19,447
2019 $4,646 $18,395 $1,529 $16,866
2018 $4,396 $18,395 $1,529 $16,866
2017 $4,398 $18,395 $1,529 $16,866
2016 $3,880 $14,558 $1,274 $13,284
2015 $3,772 $14,558 $1,274 $13,284
2014 $3,471 $14,558 $1,274 $13,284
2013 $3,863 $16,319 $1,274 $15,045
Source: Public Records

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