Seller's Agent in 2019
Bryan Mercado
RE/MAX
(847) 275-8181
20 in this area
35 Total Sales
502 Elmore St Park Ridge, IL 60068
Estimated Value: $992,000 - $1,241,000
4
Beds
5
Baths
2,744
Sq Ft
$403/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Landscaped Professionally
- Wood Flooring
- Eugene Field Elementary School Rated A-
- Mature Trees
- 5-minute walk to Morgan Park
About This Home
As of September 2019TIMELESS 3 STORY BRICK COLONIAL LOCATED IN THE HEART OF THE COUNTRY CLUB. THERE WAS NO EXPENSE SPARED WITH WITH THIS 4 BEDROOM 3 FULL BATHS AND 2 HALF BATHS HOME. THE NEW FARM HOUSE STYLE KITCHEN HAS A MASSIVE CENTER ISLAND ABLE TO SEAT SIX, SS APPLIANCES, DOUBLE OVENS AND A COOK TOP WITH HOOD. THE MODERN OPEN FLOOR PLAN LENDS ITSELF PERFECTLY FOR ENTERTAINING. 2 FIREPLACES, NEW BATHS, MASTER SUITE, WALK-IN CLOSETS, 3RD FLOOR JUNIOR SUITE W/ PLAYROOM/OFFICE, FINISHED BASEMENT, ATTACHED 2 CAR GARAGE, EXTERIOR ENTRANCE TO BASEMENT, WHOLE HOUSE GENERAC GENERATOR, COPPER PLUMBING, 200 AMP ELECTRIC, UNDERGROUND LAWN SPRINKLERS, FLOOD CONTROL, SPACIOUS PRIVATE BACKYARD OASIS AND STORAGE AS FAR AS THE EYE CAN SEE. YOU WILL NOT BE DISAPPOINTED.
Last Agent to Sell the Property
RE/MAX Properties Northwest License #475138154 Listed on: 08/22/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,011
Year Built
- 1926
Lot Details
- Southern Exposure
- Fenced Yard
- Landscaped Professionally
- Corner Lot
- Mature Trees
Parking
- Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
Interior Spaces
- Wet Bar
- Wood Burning Fireplace
- Gas Log Fireplace
- Mud Room
- Entrance Foyer
- Family Room Downstairs
- Home Office
- Lower Floor Utility Room
- Wood Flooring
- Storm Screens
Kitchen
- Walk-In Pantry
- Built-In Double Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Separate Shower
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Finished Basement Bathroom
Utilities
- SpacePak Central Air
- Hot Water Heating System
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- Patio
- Property is near a bus stop
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2019
Closed on
Sep 25, 2019
Sold by
Gleason Gregory and Gleason Emily
Bought by
Franco Melvin A and Franco Rose A
Seller's Agent
Bryan Mercado
RE/MAX Properties Northwest
Buyer's Agent
Craig Fallico
Baird & Warner
List Price
$798,000
Sold Price
$795,000
Premium/Discount to List
-$3,000
-0.38%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,160
Avg. Annual Appreciation
5.73%
Original Mortgage
$715,500
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 23, 2009
Sold by
Omalley John E and Omalley Elizabeth P
Bought by
Gleason Gregory and Gleason Emily
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
5.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 2002
Sold by
Omalley John E
Bought by
Omalley John E and Omalley Elizabeth P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.62%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 9, 2000
Sold by
Omalley Elizabeth P and Omalley John E
Bought by
Omalley John E and Trust #1
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Franco Melvin A | $795,000 | Fidelity National Title | |
| Gleason Gregory | $630,000 | Heritage Title Company | |
| Omalley John E | -- | Chicago Title Insurance Co | |
| Omalley John E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Franco Melvin A | -- | |
| Open | Franco Melvin A | $690,000 | |
| Open | Cd 210 Chicago Infill Property Llc | $106,000,000 | |
| Closed | Franco Melvin A | $715,500 | |
| Previous Owner | Vk 315 Kirk Llc | $21,000,000 | |
| Previous Owner | Gleason Gregory | $130,000 | |
| Previous Owner | Gleason Gregory | $280,000 | |
| Previous Owner | Gleason Gregory | $396,000 | |
| Previous Owner | Gleason Greg | $398,000 | |
| Previous Owner | Gleason Gregory | $408,000 | |
| Previous Owner | Gleason Gregory | $417,000 | |
| Previous Owner | Omalley John E | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2019 09/27/19 | Sold | $795,000 | -0.4% | $290 / Sq Ft |
| 08/24/2019 08/24/19 | Pending | -- | -- | -- |
| 08/22/2019 08/22/19 | For Sale | $798,000 | -- | $291 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $20,011 | $73,568 | $14,400 | $59,168 |
| 2023 | $17,579 | $77,047 | $14,400 | $62,647 |
| 2022 | $17,579 | $71,016 | $14,400 | $56,616 |
| 2021 | $18,225 | $59,923 | $7,200 | $52,723 |
| 2020 | $17,502 | $59,923 | $7,200 | $52,723 |
| 2019 | $16,269 | $65,850 | $7,200 | $58,650 |
| 2018 | $14,368 | $53,644 | $6,200 | $47,444 |
| 2017 | $14,324 | $53,644 | $6,200 | $47,444 |
| 2016 | $14,034 | $53,644 | $6,200 | $47,444 |
| 2015 | $13,659 | $46,909 | $5,200 | $41,709 |
| 2014 | $13,406 | $46,909 | $5,200 | $41,709 |
| 2013 | $12,681 | $46,909 | $5,200 | $41,709 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Mercado
-
Craig Fallico
Buyer's Agent in 2019
Craig Fallico
Baird & Warner
(847) 226-0834
245 in this area
852 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10494014
APN: 09-25-301-016-0000
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