NOT LISTED FOR SALE

463 Summit Ave Unit D Park Ridge, IL 60068

Estimated Value: $677,245 - $817,000

3 Beds
4 Baths
2,602 Sq Ft
$278/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $625,000 $240 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,137/month

10 Days on Market

Highlights

  • Open Floorplan
  • Recreation Room
  • Wood Flooring
  • Eugene Field Elementary School Rated A-
  • Vaulted Ceiling
  • Whirlpool Bathtub

About This Home

As of June 2023

Find your new home in the heart of Park Ridge. Walking distance from downtown, this updated end unit townhome awaits you! Unlike any other townhome you've ever seen, this home features soaring ceilings throughout with gorgeous crown molding, 3 generous sized bedrooms with a large walk in master closet, 2 full bathrooms, 2 half bathrooms, an attached 3 car garage, 2nd floor laundry, balcony off the kitchen, and a desirable open floor plan on the main floor. Modern finishes include, freshly done country white hardwood floors, new plush carpet in bedrooms all 4 bathrooms tastefully renovated, stainless steel appliances and quartz countertops in the kitchen, electric vehicle charger in the garage, dual zone thermostats, and security cameras. Too many updates to list! Schedule your visit now! This one won't last!

Last Agent to Sell the Property

Harris Ali

Sky High Real Estate Inc. License #475126604 Listed on: 06/02/2023

Co-Listed By

Abtaha Ahmed

Sky High Real Estate Inc. License #475194085

Last Buyer's Agent

Jacob Reiner

Redfin Corporation License #475191364

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,995

Year Built

  • Built in 2009

Lot Details

  • End Unit
  • Sprinkler System

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,602 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Heatilator
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Balcony

Schools

  • Eugene Field Elementary School
  • Emerson Middle School
  • Maine South High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 4 Units

Amenities

  • Building Patio

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,995

Year Built

Built in 2009

Lot Details

0

HOA Fees

$250 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Year Built: 2009
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Heatilator
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Second Floor Laundry, Storage, Walk-In Closet(s), Open Floorplan, Dining Combo, Pantry
  • LivingArea: 2602
  • Other Equipment: Humidifier, Central Vacuum, TV-Cable, Intercom, Fire Sprinklers, CO Detectors, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn, Water Heater-Gas
  • Room Type: Recreation Room, Walk In Closet, Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 2602
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 2602
  • Fireplace Location: Living Room
  • Total Sq Ft: 2602
  • Upper Level Sq Ft: 1044
  • Main Level Sq Ft: 1082
  • Lower Level Sq Ft: 476
  • Flooring: Hardwood
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 639900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 250
  • Association Amenities: In-Ground Sprinkler System, Patio
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF
  • Management Contact Name: SELF
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Eugene Field Elementary School
  • High School: Maine South High School
  • Middle/Junior School: Emerson Middle School
  • Middle/Junior School District: 64

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 0
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 11995.27
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jun 27, 2023
Sold by
Khan Rumzi and Khan Zenat
Bought by
Watson Richard Y
Seller's Agent
Harris Ali
Sky High Real Estate Inc.
Buyer's Agent
Jacob Reiner
Redfin Corporation
List Price
$639,900
Sold Price
$625,000
Premium/Discount to List
-$14,900
-2.33%
Views
149
Current Estimated Value
$722,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,561
Avg. Annual Appreciation
6.63%

Purchase Details

Listed on
Jan 25, 2022
Closed on
Mar 31, 2022
Sold by
Haughton Grant and Nissen Lea
Bought by
Khan Rumzi and Hussain Zenat
Seller's Agent
Susan Tetrault
@properties Christie's International Real Estate
Buyer's Agent
Harris Ali
Sky High Real Estate Inc.
List Price
$599,900
Sold Price
$597,000
Premium/Discount to List
-$2,900
-0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$537,000
Interest Rate
3.89%

Purchase Details

Listed on
Jan 25, 2022
Closed on
Mar 16, 2022
Sold by
Haughton Grant and Nissen Lea
Bought by
Khan Rumzi and Hussain Zenat
Seller's Agent
Susan Tetrault
@properties Christie's International Real Estate
Buyer's Agent
Harris Ali
Sky High Real Estate Inc.
List Price
$599,900
Sold Price
$597,000
Premium/Discount to List
-$2,900
-0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Interest Rate
3.89%

Purchase Details

Listed on
Jul 14, 2012
Closed on
Feb 27, 2013
Sold by
Hock James D and Hock Julianne C
Bought by
Haughton Grant and Nissen Lea
Seller's Agent
Arlene Zingsheim
Keller Williams Realty Ptnr,LL
Buyer's Agent
Kevin Tatum
@properties Christie's International Real Estate
List Price
$495,000
Sold Price
$445,000
Premium/Discount to List
-$50,000
-10.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$44,455
Interest Rate
3.38%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 5, 2006
Sold by
George Chris H
Bought by
Lach Witold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,504,098
Interest Rate
8.25%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 19, 2005
Sold by
George Chris H
Bought by
Lazar Ted

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Watson Richard Y $625,000 Citywide Title
Khan Rumzi $597,000 --
Khan Rumzi $597,000 --
Haughton Grant $445,000 None Available
Lach Witold $200,000 Pntn
Lazar Ted $212,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khan Rumzi $537,000
Previous Owner Haughton Grant $44,455
Previous Owner Lach Witold $1,504,098
Previous Owner Lazar Ted $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $625,000 -2.3% $240 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $639,900 +7.2% $246 / Sq Ft
03/23/2022 03/23/22 Sold $597,000 -0.5% $230 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $599,900 +34.8% $231 / Sq Ft
02/28/2013 02/28/13 Sold $445,000 -3.1% $171 / Sq Ft
01/09/2013 01/09/13 Pending -- -- --
10/04/2012 10/04/12 Price Changed $459,000 -3.3% $177 / Sq Ft
08/15/2012 08/15/12 Price Changed $474,900 -4.1% $183 / Sq Ft
07/14/2012 07/14/12 For Sale $495,000 -- $190 / 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 $12,671 $50,000 $9,000 $41,000
2023 $12,114 $50,000 $9,000 $41,000
2022 $12,114 $50,000 $9,000 $41,000
2021 $11,995 $42,770 $4,510 $38,260
2020 $11,586 $42,770 $4,510 $38,260
2019 $11,356 $47,000 $4,510 $42,490
2018 $13,163 $49,434 $3,866 $45,568
2017 $13,125 $49,434 $3,866 $45,568
2016 $12,878 $49,434 $3,866 $45,568
2015 $11,698 $40,551 $3,222 $37,329
2014 $11,484 $40,551 $3,222 $37,329
2013 $10,860 $40,551 $3,222 $37,329
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11797779

Midwest Real Estate Data (MRED)

APN: 09-36-111-061-0000