NOT LISTED FOR SALE

506 S Home Ave Park Ridge, IL 60068

Estimated Value: $561,000 - $660,000

3 Beds
2 Baths
1,707 Sq Ft
$351/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $429,000 $251 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,136/month

41 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Living Room
  • Central Air
  • George Washington Elementary School Rated A
  • Laundry Room
  • Dining Room

About This Home

As of October 2022

All brick Georgian home, walking distance from every school. First floor bedroom, with two bedrooms upstairs. Detached 2.5 car garage with big backyard. Kitchen and bathrooms have been updated, as well as many mechanicals. Brand new AC, newer hot water heater and washing machine. Rented until August 31st. Can't beat this prime location!

Last Agent to Sell the Property

Anam Hargey

@properties Christie's International Real Estate License #475192201 Listed on: 07/21/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Rosalba Giovannelli

L.W. Reedy Real Estate License #475189553

L.W. Reedy Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,900

Year Built

  • Built in 1945 | Remodeled in 2010

Lot Details

  • Lot Dimensions are 50x150

Parking

  • 2.5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,707 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Finished Basement
  • Partial Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,900

Year Built

Built in 1945 | Remodeled in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1945
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1707
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1707
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 445000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 64

Lot Info

  • Lot Dimensions: 50X150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 11900.17
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2003
Sold by
Hammig Bryant E
Bought by
Zaccardelli Rita
Current Estimated Value
$599,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$110,454
Interest Rate
5%
Mortgage Type
Unknown
Estimated Equity
$467,001

Purchase Details

Closed on
Jul 28, 2000
Sold by
Williams Robert B
Bought by
Hammig Bryant E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
7.96%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zaccardelli Rita $319,000 --
Hammig Bryant E $275,000 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaccardelli Rita $250,000
Previous Owner Hammig Bryant E $21,000
Previous Owner Hammig Bryant E $261,250
Previous Owner Hammig Bryant E $261,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $429,000 -3.6% $251 / Sq Ft
09/06/2022 09/06/22 For Sale $445,000 +3.7% $261 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/18/2022 08/18/22 Off Market $429,000 -- --
07/21/2022 07/21/22 For Sale $445,000 -- $261 / 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 $11,314 $45,000 $12,240 $32,760
2023 $11,703 $45,000 $12,240 $32,760
2022 $11,703 $45,000 $12,240 $32,760
2021 $12,392 $40,744 $7,560 $33,184
2020 $11,900 $40,744 $7,560 $33,184
2019 $12,199 $46,804 $7,560 $39,244
2018 $10,980 $38,367 $6,480 $31,887
2017 $10,933 $38,367 $6,480 $31,887
2016 $10,527 $38,367 $6,480 $31,887
2015 $2,695 $8,737 $5,400 $3,337
2014 $2,642 $8,737 $5,400 $3,337
2013 $2,502 $8,737 $5,400 $3,337
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11470104

Midwest Real Estate Data (MRED)

APN: 09-34-218-013-0000