NOT LISTED FOR SALE

500 N Western Ave Park Ridge, IL 60068

Estimated Value: $678,623 - $748,000

4 Beds
3 Baths
1,732 Sq Ft
$419/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $570,000 $329 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,930/month

15 Days on Market

Highlights

  • Double Oven
  • Attached Garage
  • Storage Room
  • George B Carpenter Elementary School Rated A
  • Breakfast Bar
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Classic corner Brick/Ranch Home in Park Ridge in a beautiful & quiet neighborhood! A must see, no detail overlooked! This home offers many amenities of new construction home. The open kitchen is equipped with stainless steel appliances and granite counter tops. Opening up to the family room a great place to unload after coming in from a MASSIVE heated two car garage. Living room overlooks a gorgeous side yard with french doors. Three generously sized bedrooms on the main floor, extra guest bedroom in the finished basement with a full bath and entertaining space with additional storage! 3 full updated bathrooms! All of the closets offering plenty of storage and efficiency! The outside has brand a patio and new stamped concrete all around the home. Great schools Maine South School District rated 10 out of 10!

Last Agent to Sell the Property

Pauline Atou

Century 21 Circle License #475170837 Listed on: 08/20/2020

Century 21 Circle

Last Buyer's Agent

Elliot Jaffe

Jaffe Realty Inc. License #475141358

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,485

Year Built

  • 1962

Lot Details

  • 7,405

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Storage Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,485

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Type Detached: 1 Story
  • Estimated Year Built: 1962
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 13X17, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X9, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: 12X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Storage
  • Master Bedroom: Dimensions: 14X17, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Storage, Dimensions: 16X10, On Level: Basement, Flooring: Other
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 13X12, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 1732
  • Dining Room Type: Separate
  • Family Room: Dimensions: 18X12, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1735

Garage/Parking

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

Utilities

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

Schools

  • School District: 207
  • Elementary School: George B Carpenter Elementary Sc
  • Middle School: Emerson Middle School
  • High School: Maine South High School
  • Junior High Dist: 64

Lot Info

  • Lot Dimensions: 57X132
  • Parcel Identification Number: 09274070190000

Tax Info

  • Taxes: 9586.70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2024
Sold by
Welles Mary C
Bought by
Mary Colleen Welles Revocable Trust and Welles
Current Estimated Value
$725,656

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 9, 2020
Sold by
Petrella Sandra
Bought by
Welles Mary C
Seller's Agent
Pauline Atou
Century 21 Circle
Buyer's Agent
Elliot Jaffe
Jaffe Realty Inc.
List Price
$585,000
Sold Price
$570,000
Premium/Discount to List
-$15,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$320,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2017
Sold by
Pinter Joseph A and Pinter Tara Ziols
Bought by
Petrella Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2013
Closed on
Mar 12, 2014
Sold by
Wallner Gregg W and Wellner Gregg
Bought by
Pinter Joseph A and Ziols Tara
Seller's Agent
Elzbieta Stasinski
HomeSmart Connect LLC
Buyer's Agent
Timothy Guzzetta
RE/MAX Properties Northwest
List Price
$415,000
Sold Price
$335,000
Premium/Discount to List
-$80,000
-19.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$268,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 16, 2004
Sold by
Wellner Patricia S
Bought by
Wellner Cregg W

Purchase Details

Closed on
May 4, 2001
Sold by
Harris Trust & Svgs Bank
Bought by
Wellner Gregg and Wellner Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.18%
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
Mary Colleen Welles Revocable Trust -- None Listed On Document
Welles Mary C $570,000 Chicago Title
Petrella Sandra $525,000 First American Title
Pinter Joseph A $335,000 Multiple
Wellner Cregg W -- --
Wellner Gregg $317,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welles Mary C $320,000
Previous Owner Petrella Sandra $375,000
Previous Owner Pinter Joseph A $268,000
Previous Owner Wellner Gregg $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2020 10/02/20 Sold $570,000 -2.6% $329 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $585,000 +74.6% $338 / Sq Ft
03/25/2014 03/25/14 Sold $335,000 -10.7% $194 / Sq Ft View Prior Sale
07/29/2013 07/29/13 Pending -- -- --
06/24/2013 06/24/13 Price Changed $375,000 -3.6% $218 / Sq Ft
04/25/2013 04/25/13 Price Changed $389,000 -6.3% $226 / Sq Ft
03/22/2013 03/22/13 For Sale $415,000 -- $241 / 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 $13,485 $53,000 $9,824 $43,176
2023 $12,894 $53,000 $9,824 $43,176
2022 $12,894 $53,000 $9,824 $43,176
2021 $12,264 $43,652 $6,423 $37,229
2020 $12,750 $43,652 $6,423 $37,229
2019 $12,641 $48,503 $6,423 $42,080
2018 $9,587 $33,500 $5,667 $27,833
2017 $8,584 $33,500 $5,667 $27,833
2016 $8,506 $33,500 $5,667 $27,833
2015 $8,491 $30,154 $4,912 $25,242
2014 $8,340 $30,154 $4,912 $25,242
2013 $8,506 $32,332 $4,912 $27,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10824584

Midwest Real Estate Data (MRED)

APN: 09-27-407-019-0000