NOT LISTED FOR SALE

514 N Ashland Ave Park Ridge, IL 60068

Estimated Value: $1,955,346 - $2,398,000

5 Beds
6 Baths
5,022 Sq Ft
$422/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $1,535,000 $306 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $14,027/month

59 Days on Market

Highlights

  • Second Kitchen
  • Home Theater
  • Heated Floors
  • Eugene Field Elementary School Rated A-
  • Sauna
  • 1-minute walk to Morgan Park

About This Home

As of November 2020

Remarkable custom built home on Park Ridge's most prestigious block. Designed by renowned Park Ridge firm Neri Architects, this 5+ bedroom / 5.1 bathroom house is seated overlooking picturesque Ashland Boulevard. This incredible property is packed with features rarely available at this price point, including radiant heated 4 season room, full home theatre room, home gym, wood-burning pizza oven, and a professionally landscaped, mature backyard honored as a Beautification Award Winner by the Park Ridge Garden Club. With newly refinished floors throughout, the home's formal entry foyer opens to a grand, formal living room/parlor, leading to the family room, formal dining room, home office, full laundry room, and kitchen- the perfect floor plan for entertaining. The open kitchen has been recently remodeled with new countertops, sink, and backsplash, its custom cabinetry newly refinished, and new hardware added for a stunning new look. The skylight-illuminated staircase open up to a sprawling 2nd floor that offers 5 bedrooms with 3 bedrooms en-suite, including a striking, oversized master suite boasts two separate closets, double sided fireplace, and spa-like bath. The walkout basement is the ideal gathering space and it completes the package with a family room, home theatre with surround sound and projection screen, wet bar, work out area, and ample storage. Jumbo 75x165 lot fits a 3 car garage and still has an abundance of outdoor space, fauna, flora, and a patio that provides a second entrance to the home. The most desired location in Park Ridge, just one block to the country club, a short walk to Uptown shopping and dining, as well as the Metra. There is nothing like this on the market!

Last Agent to Sell the Property

Daniel Close

Redfin Corporation License #475127076 Listed on: 05/28/2020

Redfin Corporation

Co-Listed By

Ryan McKane

Redfin Corporation License #475160573

Last Buyer's Agent

Colleen Barrett

Dream Town Real Estate License #475123680

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,926

Year Built

  • 2001

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Landscaped Professionally

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Concrete Siding
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Ventless Fireplace
  • Attached Fireplace Door
  • See Through Fireplace
  • Home Theater
  • Home Office
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Sauna
  • Home Gym

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Double Shower
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Exterior Basement Entry
  • Finished Basement Bathroom

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Outdoor Grill
  • Brick Porch or Patio

Location

  • Property is near a park
  • Property is near a bus stop

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $600 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,926

Year Built

2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus
  • Age: 16-20 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Rebuilt(yn): Yes
  • Rebuilt Year: 2001
  • Total Full or Half Bathrooms: 5.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 2001
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Sauna/Steam Room, Hardwood Floors, Heated Floors, 1st Floor Laundry
  • Number Of Rooms: 14
  • Living Room: Dimensions: 13X18, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator, Cooktop, Range Hood
  • Equipment: Central Vacuum, Fire Sprinklers, Sump Pump, Sprinkler-Lawn
  • Fireplace Details: See through/Multi Sided, Wood Burning, Attached Fireplace Doors/Screen, Portable/Ventless
  • Attic: Pull Down Stair
  • Fireplace Location: Family Room, Master Bedroom
  • Basement: English
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Full Body Spray Shower, Double Shower
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 12X15, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 14X22, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 18X24, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Walk-in
  • Additional Rooms: 5th Bedroom, Sun/Florida Room, Recreation Room, Exercise Room, Theatre Room, 2nd Kitchen, Storage, Office
  • Master Bedroom: Dimensions: 18X20, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 2 Name: Sunroom, Dimensions: 13X14, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 13X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Recreation Rm, Dimensions: 20X32, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 14X17, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Exercise Rm, Dimensions: 10X17, On Level: Basement, Flooring: Ceramic Tile
  • Bedroom 4: Dimensions: 18X19, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 5 Name: Theater Rm, Dimensions: 17X22, On Level: Basement, Flooring: Carpet
  • Additional Room 6 Name: 2nd Kitchen, Dimensions: 9X14, On Level: Basement, Flooring: Ceramic Tile
  • Additional Room 7 Name: Storage, Dimensions: 15X21, On Level: Basement, Flooring: Other
  • Additional Room 8 Name: Office, Dimensions: 13X16, On Level: Main Level, Flooring: Hardwood
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X24, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Cedar, Concrete
  • Exterior Property Features: Patio, Porch, Brick Paver Patio, Outdoor Grill
  • Exposure: N (North), S (South), E (East), W (West), Park

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 207
  • Elementary School: Eugene Field Elementary School
  • Middle School: Emerson Middle School
  • High School: Maine South High School
  • Junior High Dist: 64

Lot Info

  • Lot Dimensions: 12375
  • Lot Description: Landscaped Professionally, Park Adjacent
  • Parcel Identification Number: 09264070150000

Tax Info

  • Taxes: 24296.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Nov 30, 2020
Sold by
Neri Deborah M and Deborah M Neri Trust
Bought by
Shea Thomas J and Shea Laura
Seller's Agent
Daniel Close
Redfin Corporation
Buyer's Agent
Colleen Barrett
Dream Town Real Estate
List Price
$1,695,000
Sold Price
$1,535,000
Premium/Discount to List
-$160,000
-9.44%
Current Estimated Value
$2,119,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,587
Avg. Annual Appreciation
6.79%
Original Mortgage
$1,135,000
Outstanding Balance
$1,011,392
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,108,195

Purchase Details

Closed on
Oct 31, 2007
Sold by
Neri Guido C and Neri Deborah M
Bought by
Neri Deborah M and Declaration Of Trust Of Deborah M Neri

Purchase Details

Closed on
Sep 18, 2003
Sold by
Neri Guido C
Bought by
Neri Guido C and Neri Deborah M

Purchase Details

Closed on
Dec 11, 2000
Sold by
Surek Christopher and Surek Katherine B
Bought by
Neri Guido C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,924
Interest Rate
8.5%

Purchase Details

Closed on
May 5, 1994
Sold by
First State Bk & Tr Company Of Park Ridge
Bought by
Surek Christopher and Surek Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,600
Interest Rate
8.34%
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
Shea Thomas J $1,535,000 Acquest Title Services Llc
Neri Deborah M -- None Available
Neri Guido C -- --
Neri Guido C $700,000 --
Surek Christopher $557,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shea Thomas J $1,135,000
Previous Owner Neri Guido C $635,924
Previous Owner Surek Christopher $445,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $1,535,000 -9.4% $306 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $1,695,000 -- $338 / 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 $34,926 $132,000 $22,275 $109,725
2023 $33,439 $132,000 $22,275 $109,725
2022 $33,439 $132,000 $22,275 $109,725
2021 $24,462 $83,760 $11,137 $72,623
2020 $23,558 $83,760 $11,137 $72,623
2019 $23,096 $92,044 $11,137 $80,907
2018 $24,296 $88,336 $9,590 $78,746
2017 $24,210 $88,336 $9,590 $78,746
2016 $23,552 $88,336 $9,590 $78,746
2015 $19,323 $65,275 $8,043 $57,232
2014 $18,959 $65,275 $8,043 $57,232
2013 $17,941 $65,275 $8,043 $57,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10714760

Midwest Real Estate Data (MRED)

APN: 09-26-407-015-0000