NOT LISTED FOR SALE

501 S Knight Ave Park Ridge, IL 60068

Estimated Value: $646,013 - $696,000

3 Beds
2 Baths
2,000 Sq Ft
$334/Sq Ft Est. Value

Last Sold May 09, 2021

Last sale price $515,000 $258 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,574/month

58 Days on Market

Highlights

  • English Architecture
  • Central Air
  • Wood Burning Fireplace
  • George Washington Elementary School Rated A
  • Garage

About This Home

As of May 2021

sold in pln....

Last Agent to Sell the Property

John Forsythe

Coldwell Banker Realty License #475147923 Listed on: 03/12/2021

Coldwell Banker Realty

Last Buyer's Agent

Shannon Labuz

Baird & Warner License #475189235

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,942

Year Built

  • 1928

Lot Details

  • 7,449

Parking

  • Garage

Home Design

  • English Architecture
  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,942

Year Built

1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train, Interstate Access
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: English
  • Type Detached: 2 Stories
  • Estimated Year Built: 1928
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 22X12, On Level: Main Level
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Laundry: Dimensions: 10X10, On Level: Basement
  • Dining Room: Dimensions: 14X12, On Level: Main Level
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 14X14, On Level: 2nd Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X10
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level
  • Bedroom 3: Dimensions: 13X8, On Level: 2nd Level
  • Bedroom 4: Dimensions: 13X10, On Level: Main Level
  • Estimated Sq Ft: 2000
  • Family Room: Dimensions: 18X7, On Level: Main Level

Exterior Features

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

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage On Site: Yes
  • Number Garage Spaces: 2

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 64

Lot Info

  • Lot Dimensions: 60X124
  • Parcel Identification Number: 09351220040000

Tax Info

  • Taxes: 11747.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 30, 2021
Sold by
Hpa Borrower 2018 1 Llc
Bought by
Kon Thaddeus D and Kon Rybecca
Seller's Agent
John Forsythe
Coldwell Banker Realty
Buyer's Agent
Shannon Labuz
Baird & Warner
List Price
$499,000
Sold Price
$515,000
Premium/Discount to List
$16,000
3.21%
Current Estimated Value
$667,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,753
Avg. Annual Appreciation
5.98%
Original Mortgage
$463,500
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2016
Sold by
Hp Illinois I Llc
Bought by
Hpa Borrower 2016 & 1 Llc

Purchase Details

Listed on
May 18, 2015
Closed on
Jul 22, 2015
Sold by
Mcclurg Damon and Masson Mcclurg Carla R
Bought by
Hp Illinoiss I Llc
Seller's Agent
Michael McCarty
@properties Christie?s International Real Estate
Buyer's Agent
John Forsythe
Coldwell Banker Realty
List Price
$499,900
Sold Price
$465,000
Premium/Discount to List
-$34,900
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%

Purchase Details

Closed on
Apr 28, 2008
Sold by
Lennarson Michael B and Lennarson Becky Anne
Bought by
Mcclurg Damon and Masson Mcclurg Carla R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.88%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Kon Thaddeus D $515,000 Chicago Title
Hpa Borrower 2016 & 1 Llc -- Attorney
Hp Illinoiss I Llc $465,000 Attorneys Title Guaranty Fun
Mcclurg Damon $480,000 Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kon Thaddeus D $463,500
Previous Owner Mcclurg Damon $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2021 05/09/21 Sold $515,000 +3.2% $258 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $499,000 +7.3% $250 / Sq Ft
07/23/2015 07/23/15 Sold $465,000 -6.8% $297 / Sq Ft View Prior Sale
06/15/2015 06/15/15 Pending -- -- --
06/04/2015 06/04/15 Price Changed $498,900 -0.2% $319 / Sq Ft
05/18/2015 05/18/15 For Sale $499,900 -- $320 / 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 $12,942 $51,000 $12,648 $38,352
2023 $12,374 $51,000 $12,648 $38,352
2022 $12,374 $51,000 $12,648 $38,352
2021 $12,410 $44,135 $7,812 $36,323
2020 $11,985 $44,135 $7,812 $36,323
2019 $11,747 $48,501 $7,812 $40,689
2018 $8,542 $33,284 $6,696 $26,588
2017 $8,523 $33,284 $6,696 $26,588
2016 $11,203 $43,328 $6,696 $36,632
2015 $9,497 $33,416 $5,580 $27,836
2014 $9,327 $33,416 $5,580 $27,836
2013 $8,817 $33,416 $5,580 $27,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11020499

Midwest Real Estate Data (MRED)

APN: 09-35-122-004-0000