NOT LISTED FOR SALE

505 S Cumberland Ave Park Ridge, IL 60068

Estimated Value: $1,228,000 - $1,327,000

4 Beds
5 Baths
3,486 Sq Ft
$366/Sq Ft Est. Value

About This Home

This home is located at 505 S Cumberland Ave, Park Ridge, IL 60068 and is currently estimated at $1,274,752, approximately $365 per square foot. 505 S Cumberland Ave is a home located in Cook County with nearby schools including Theodore Roosevelt Elementary School, Lincoln Middle School, and Maine South High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2008
Sold by
Act Properties Llc
Bought by
Krull Michael J
Current Estimated Value
$1,274,752

Purchase Details

Closed on
Sep 4, 2008
Sold by
Bochenek Andrzej Ryszard and Bochenek Andrzej R
Bought by
Act Properties Llc

Purchase Details

Closed on
Oct 27, 2006
Sold by
Parkway Bank & Trust Co
Bought by
Bochenek Andrzej R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$991,200
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 22, 2004
Sold by
Brzeski Andrzej
Bought by
Parkway Bank & Trust Co and Trust #13818

Purchase Details

Closed on
May 30, 2001
Sold by
Kraft Waldemar
Bought by
Brzeski Andrzej

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
8.62%

Purchase Details

Closed on
Oct 13, 2000
Sold by
Zorn Geraldine R
Bought by
Kraft Waldemar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
11.8%

Purchase Details

Closed on
Feb 11, 2000
Sold by
Betts Virginia T
Bought by
Zorn Geraldine R
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.

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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.

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First American

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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.

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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
Krull Michael J $620,000 Premier Title Company
Act Properties Llc -- None Available
Bochenek Andrzej R $1,239,000 Multiple
Parkway Bank & Trust Co -- --
Brzeski Andrzej $350,000 Stewart Title Company
Kraft Waldemar $295,000 --
Zorn Geraldine R $240,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bochenek Andrzej R $991,200
Previous Owner Brzeski Andrzej $332,500
Previous Owner Kraft Waldemar $265,500
Source: Public Records

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 $23,003 $88,071 $14,620 $73,451
2023 $22,014 $88,071 $14,620 $73,451
2022 $22,014 $88,071 $14,620 $73,451
2021 $21,542 $74,159 $9,030 $65,129
2020 $20,754 $74,159 $9,030 $65,129
2019 $21,484 $85,861 $9,030 $76,831
2018 $17,333 $64,004 $7,740 $56,264
2017 $18,955 $69,895 $7,740 $62,155
2016 $19,334 $72,963 $7,740 $65,223
2015 $19,211 $64,910 $6,450 $58,460
2014 $18,849 $64,910 $6,450 $58,460
2013 $18,465 $67,106 $6,450 $60,656
Source: Public Records

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