NOT LISTED FOR SALE

431 S Fairview Ave Park Ridge, IL 60068

Estimated Value: $1,102,359 - $1,383,000

5 Beds
4 Baths
3,330 Sq Ft
$370/Sq Ft Est. Value

Last Sold June 05, 2019

Last sale price $880,000 $264 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,403/month

5 Days on Market

Highlights

  • Sun or Florida Room
  • Detached Garage
  • Forced Air Zoned Heating and Cooling System
  • Theodore Roosevelt Elementary School Rated A-
  • Entrance Foyer

About This Home

As of June 2019

Prime walk to town location!! Everything new in 2009. Welcoming foyer with a grand/custom staircase. Semi open floorplan - great for entertaining. Brazilian, wide plank cherry wood floors throughout. Chef's kitchen with Wolf 6 burner range, Sub-Zero, Miele appliances, opens to family room with French doors to an enormous deck. 1st floor guest or nanny suite currently used as an office. 2nd floor features a master suite with multiple closets, bath with Kohler bubble jet massager soaking tub, separate shower & double sink vanity. 3 additional bedrooms with big closets with organizers. 2nd flr laundry room. Full finished basement great for entertaining. Bar with wine fridges, liquor storage with locks, surround sound. No expense spared, Pella windows, Hunter Douglas custom window treatments, porcelain floor tiles, flood control & the list goes on. 2 zoned HVAC, tankless water heaters. Nicely landscaped, well graded 50x171 fenced in yard with an enormous 2.5 car garage and a parking pad.

Last Agent to Sell the Property

Gary Dailey

House Quest Inc License #471014153 Listed on: 03/29/2019

Last Buyer's Agent

Susan James

@properties Christie?s International Real Estate License #471007926

@properties Christie?s International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,341

Year Built | Renovated

  • 1925 | 2008

Lot Details

  • 8,276

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer
  • Sun or Florida Room

Finished Basement

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,341

Year Built | Renovated

1925 | 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 4
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2008
  • Total Full or Half Bathrooms: 4
  • Type Detached: 2 Stories
  • Estimated Year Built: 1925
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925
  • Year Renovated: 2008

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 14X23, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 9X8, On Level: 2nd Level, Flooring: Hardwood
  • Dining Room: Dimensions: 16X16, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: 5th Bedroom, Sun/Florida Room, Foyer
  • Master Bedroom: Dimensions: 19X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Sunroom, Dimensions: 14X7, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 14X10, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Foyer, Dimensions: 5X16, On Level: Main Level
  • Bedroom 3: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 3330
  • Family Room: Dimensions: 17X14, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Brick
  • Acreage: 0.1974

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Zoned

Condo/Co-op/Association

  • Assessed Sq Ft: 3330

Schools

  • School District: 207
  • Elementary School: Theodore Roosevelt Elementary Sc
  • Middle School: Lincoln Middle School
  • High School: Maine South High School
  • Junior High Dist: 64

Lot Info

  • Lot Dimensions: 50X171
  • Parcel Identification Number: 09352230030000

Tax Info

  • Taxes: 16192.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Jun 3, 2019
Sold by
Sremac Peter and Sremac Karen
Bought by
Lipin Jonah A and Lipin Cassandra Irene
Seller's Agent
Gary Dailey
House Quest Inc
Buyer's Agent
Susan James
@properties Christie?s International Real Estate
List Price
$869,900
Sold Price
$880,000
Premium/Discount to List
$10,100
1.16%
Current Estimated Value
$1,231,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,340
Avg. Annual Appreciation
5.42%
Original Mortgage
$704,000
Outstanding Balance
$616,082
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$615,258

Purchase Details

Closed on
May 22, 1998
Sold by
Melligan Donald O and Melligan Joan C
Bought by
Sremac Peter and Sremac Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
7.22%
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
Lipin Jonah A $880,000 First American Title
Sremac Peter $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipin Jonah A $704,000
Previous Owner Sremac Peter $227,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2019 06/05/19 Sold $880,000 +1.2% $264 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $869,900 -- $261 / 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 $23,341 $86,000 $14,620 $71,380
2023 $22,365 $86,000 $14,620 $71,380
2022 $22,365 $86,000 $14,620 $71,380
2021 $18,707 $61,507 $9,030 $52,477
2020 $17,965 $61,507 $9,030 $52,477
2019 $16,723 $67,591 $9,030 $58,561
2018 $16,244 $60,199 $7,740 $52,459
2017 $16,192 $60,199 $7,740 $52,459
2016 $15,832 $60,199 $7,740 $52,459
2015 $12,370 $42,729 $6,450 $36,279
2014 $12,142 $42,729 $6,450 $36,279
2013 $11,484 $42,729 $6,450 $36,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10324492

Midwest Real Estate Data (MRED)

APN: 09-35-223-003-0000