NOT LISTED FOR SALE

501 S Vine Ave Park Ridge, IL 60068

Estimated Value: $696,559 - $1,252,000

3 Beds
3 Baths
2,250 Sq Ft
$383/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $580,000 $258 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,405/month

14 Days on Market

Highlights

  • Property is near a park
  • Living Room with Fireplace
  • Main Floor Bedroom
  • Theodore Roosevelt Elementary School Rated A-
  • Wood Flooring
  • 1-minute walk to Rotary Park

About This Home

As of June 2021

Welcome home to your 3 bed, 3 bath bungalow located on coveted Vine Avenue. Enter into the family room with a wood burning fireplace with original stone mantel, adjacent to a large dining room perfect for family meals. There are two first floor bedrooms and a full bath with an XL master suite and en-suite bathroom on the dormered third floor. Cozy up with a book at your bedroom's window seat overlooking the front yard. A finished basement with surround sound speakers and a fabulous built in bar will be perfect for hosting. The kitchen has a large walk-in pantry and leads into your backyard oasis, adjacent to a three-season, screened-in porch. Come relax in the landscaped, shaded yard, an oversized lot perfect for bbqs. Walkable to uptown Park Ridge, Park Ridge and Edison Park Metra stops.

Last Agent to Sell the Property

Sara Press

@properties Christie?s International Real Estate License #475170149 Listed on: 05/21/2021

@properties Christie?s International Real Estate

Last Buyer's Agent

Steve Genyk

Baird & Warner License #475130427

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,121

Year Built

  • Built in 1923 | Remodeled in 2009

Lot Details

  • 8,442 Sq Ft Lot
  • Lot Dimensions are 58x158x50x172

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,250 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom

Schools

  • Theodore Roosevelt Elementary Sc
  • Lincoln 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

Additional Features

  • Enclosed Patio or Porch
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,121

Year Built

Built in 1923 | Remodeled in 2009

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2009
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2009

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 2250
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s)
  • Room Type: Enclosed Porch, Pantry, Walk In Closet, Family Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 589900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Acres: 0.1938
  • Lot Dimensions: 58X158X50X172
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 12121
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 28, 2021
Sold by
Zahorodnyj Alex and Zahorodnjy Christine Arcus
Bought by
Teer Annette M and Teer Marc A
Seller's Agent
Sara Press
@properties Christie?s International Real Estate
Buyer's Agent
Steve Genyk
Baird & Warner
List Price
$615,000
Sold Price
$580,000
Premium/Discount to List
-$35,000
-5.69%
Current Estimated Value
$860,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,640
Avg. Annual Appreciation
9.59%

Purchase Details

Closed on
May 19, 2009
Sold by
Zahorodnyj Alex and Zahorodnyj Christine Arcus
Bought by
Zahorodnyj Alex and Zahorodnyj Christine Arcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2008
Sold by
Zahorodnyj Alex and Zahorodnyj Christine Arcus
Bought by
Zahorodnyj Alex and Zahorodnyj Christine Arcus

Purchase Details

Closed on
Oct 9, 2007
Sold by
Young David Stanton and Young Lisa E
Bought by
Zahorodnyj Alex and Arcus Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,400
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 28, 2000
Sold by
Katz Irwin M and Katz Patricia
Bought by
Young David Stanton and Young Lisa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,500
Interest Rate
8.27%

Purchase Details

Closed on
Jul 29, 1994
Sold by
Holz Elaine M
Bought by
Katz Irwin M and Katz Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.53%
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
Teer Annette M $580,000 Chicago Title
Zahorodnyj Alex -- Cti
Zahorodnyj Alex -- None Available
Zahorodnyj Alex $633,000 Baird & Warner Title Service
Young David Stanton $350,000 Professional National Title
Katz Irwin M $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zahorodnyj Alex $417,000
Previous Owner Zahorodnyj Alex $506,400
Previous Owner Young David Stanton $271,500
Previous Owner Katz Irwin M $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $580,000 -5.7% $258 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $615,000 0.0% $273 / Sq Ft
09/30/2020 09/30/20 Rented $3,900 0.0% --
09/17/2020 09/17/20 For Rent $3,900 -- --
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 $10,698 $86,317 $14,350 $71,967
2023 $13,692 $39,418 $14,350 $25,068
2022 $13,692 $52,649 $14,350 $38,299
2021 $10,975 $39,416 $8,863 $30,553
2020 $12,365 $45,439 $8,863 $36,576
2019 $12,121 $49,934 $8,863 $41,071
2018 $9,309 $35,965 $7,596 $28,369
2017 $9,287 $35,965 $7,596 $28,369
2016 $9,183 $35,965 $7,596 $28,369
2015 $10,303 $36,028 $6,330 $29,698
2014 $10,116 $36,028 $6,330 $29,698
2013 $10,424 $39,029 $6,330 $32,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11095980

Midwest Real Estate Data (MRED)

APN: 09-35-229-004-0000