NOT LISTED FOR SALE

425 S Knight Ave Park Ridge, IL 60068

Estimated Value: $932,618 - $1,186,000

4 Beds
2.5 Baths
2,821 Sq Ft
$364/Sq Ft Est. Value

Last Sold April 26, 2015

Last sale price $625,000 $222 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,797/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Landscaped Professionally
  • Recreation Room
  • George Washington Elementary School Rated A
  • Deck
  • Vaulted Ceiling

About This Home

As of April 2015

Charming Cape Cod is located just blocks from Washington, Lincoln & Maine South schools, Community Center & new Aquatic Center & still walking distance from town & train! Perfect as is or a value add home w/the ability to use lots of add'l space. Plenty of room for a detached garage off the alley on the oversized 60x125 lot. Full finished (dry) basement is roughed in for add'l bath. Big upside here with light rehab!

Last Agent to Sell the Property

Danny McGovern

RE/MAX Properties Northwest License #475139477 Listed on: 02/17/2015

RE/MAX Properties Northwest

Last Buyer's Agent

Tania Forte

@properties Christie?s International Real Estate License #475162594

@properties Christie?s International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,566

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 60x125
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

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

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,821 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Loft
  • Workshop
  • Lower Floor Utility Room
  • Utility Room with Study Area
  • Dormer Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Southwest Woods Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,566

Year Built

Built in 1989

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
  • Subdivision Name: SOUTHWEST WOODS
  • Year Built: 1989
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry
  • LivingArea: 2821
  • Other Equipment: Humidifier, Central Vacuum, TV-Cable, CO Detectors, Ceiling Fan(s), Fan-Attic Exhaust, Sump Pump, Sprinkler-Lawn
  • Room Type: Deck, Foyer, Loft, Recreation Room, Utility Room-Lower Level, Walk In Closet, Workshop
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Attic: Dormer

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

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 Dimensions: 60X125
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 16566
  • Tax Year: 2013
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2015
Closed on
Apr 17, 2015
Sold by
Murphy Diane C
Bought by
Gatz Timothy W and Gatz Jennifer J
Seller's Agent
Danny McGovern
RE/MAX Properties Northwest
Buyer's Agent
Tania Forte
@properties Christie?s International Real Estate
List Price
$619,900
Sold Price
$625,000
Premium/Discount to List
$5,100
0.82%
Current Estimated Value
$1,027,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,655
Avg. Annual Appreciation
4.85%
Original Mortgage
$417,000
Outstanding Balance
$320,312
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$707,343

Purchase Details

Closed on
Jun 6, 2007
Sold by
Murphy William M and Murphy Diane C
Bought by
Murphy Diane C

Purchase Details

Closed on
May 25, 1999
Sold by
Nardi Angelo M and Nardi Arthureen S
Bought by
Murphy William and Murphy Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.75%

Purchase Details

Closed on
Mar 8, 1995
Sold by
Nardi Angelo M and Nardi Arthureen S
Bought by
Nardi Angelo M and Nardi Arthureen S
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
Gatz Timothy W $625,000 Precision Title
Murphy Diane C -- Cst
Murphy William $480,000 --
Nardi Angelo M -- --
Nardi Angelo M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gatz Timothy W $417,000
Previous Owner Murphy William $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2015 04/26/15 Sold $625,000 0.0% $222 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
02/21/2015 02/21/15 Off Market $625,000 -- --
02/17/2015 02/17/15 For Sale $619,900 -- $220 / 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 $17,013 $66,000 $12,648 $53,352
2023 $16,275 $66,000 $12,648 $53,352
2022 $16,275 $66,000 $12,648 $53,352
2021 $15,908 $55,636 $7,812 $47,824
2020 $15,344 $55,636 $7,812 $47,824
2019 $16,399 $66,348 $7,812 $58,536
2018 $14,996 $55,838 $6,696 $49,142
2017 $15,957 $59,375 $6,696 $52,679
2016 $15,606 $59,375 $6,696 $52,679
2015 $16,251 $55,314 $5,580 $49,734
2014 $15,947 $55,314 $5,580 $49,734
2013 -- $60,474 $5,580 $54,894
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08840252

Midwest Real Estate Data (MRED)

APN: 09-35-122-025-0000