NOT LISTED FOR SALE

507 Root St Park Ridge, IL 60068

Estimated Value: $1,026,000 - $1,354,000

4 Beds
4 Baths
3,386 Sq Ft
$343/Sq Ft Est. Value

About This Home

This home is located at 507 Root St, Park Ridge, IL 60068 and is currently estimated at $1,160,000, approximately $342 per square foot. 507 Root St is a home located in Cook County with nearby schools including Eugene Field Elementary School, Emerson Middle School, and Maine South High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2024
Sold by
Roombos Theodore and Roombos Elaine
Bought by
Roombos Christopher and Roombos Rebecca
Current Estimated Value
$1,160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,250
Outstanding Balance
$605,781
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$554,219

Purchase Details

Closed on
Nov 8, 2023
Sold by
Roombos Elaine Z and Roombos Ted R
Bought by
Roombos Properties Llc

Purchase Details

Closed on
Jul 7, 1997
Sold by
Campbell Gregory B and Campbell Heather
Bought by
Roombos Elaine Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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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
Roombos Christopher $725,000 None Listed On Document
Roombos Christopher $725,000 None Listed On Document
Roombos Christopher $725,000 None Listed On Document
Roombos Theodore -- None Listed On Document
Roombos Properties Llc -- None Listed On Document
Roombos Elaine Z $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roombos Theodore $616,250
Closed Roombos Christopher $616,250
Previous Owner Roombos Elaine Z $160,000
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
2025 $21,645 $107,000 $17,200 $89,800
2024 $21,645 $79,445 $14,400 $65,045
2023 $21,996 $83,068 $14,400 $68,668
2022 $21,996 $88,000 $14,400 $73,600
2021 $19,807 $68,453 $7,200 $61,253
2020 $19,087 $68,453 $7,200 $61,253
2019 $20,698 $82,843 $7,200 $75,643
2018 $18,310 $67,419 $6,200 $61,219
2017 $18,249 $67,419 $6,200 $61,219
2016 $20,610 $77,611 $6,200 $71,411
2015 $17,828 $60,426 $5,200 $55,226
2014 $19,505 $67,082 $5,200 $61,882
2013 $18,458 $67,082 $5,200 $61,882
Source: Public Records

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