NOT LISTED FOR SALE

516 Engel Blvd Park Ridge, IL 60068

Estimated Value: $563,000 - $651,000

3 Beds
1.5 Baths
1,616 Sq Ft
$382/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $495,000 $306 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,487/month

1 Day on Market

Highlights

  • Property is near a park
  • Community Pool
  • Double Oven
  • George Washington Elementary School Rated A
  • Formal Dining Room
  • 1 Car Detached Garage

About This Home

As of June 2021

This diamond in the rough is located in one of the best locations in all of Park Ridge! You have lots of options here to move in as is, add on or tear down and build new with outstanding value! This walk to everything location is just a half a block from Washington Elementary School, two blocks from Lincoln Middle School and two blocks to Maine South High School along with the park, sled hill, aquatic center, community center, etc. If you follow Stewart Avenue east, it brings you right to Uptown Park Ridge and the Metra Train Station! This 50x150 lot will accommodate a home of 3,375 sqft on the first/second floor and add to that a full basement and possibly a third floor walk up finished attic if you like totaling approximately 5,300 sqft of living space. Use your builder or ours and we will make it as easy as possible. Renderings for the new construction are available upon request, thank you! New photos will be added ASAP.

Last Agent to Sell the Property

Danny McGovern

RE/MAX Properties Northwest License #475139477 Listed on: 02/17/2021

RE/MAX Properties Northwest

Last Buyer's Agent

Hady Gendusa

Mega Realty Inc. License #475186633

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,313

Year Built

  • Built in 1944

Lot Details

  • Lot Dimensions are 50x150
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Formal Dining Room

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Location

  • Property is near a park

Schools

  • George Washington Elementary Sch
  • Lincoln Middle School
  • Maine South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,313

Year Built

Built in 1944

Lot Details

0

Parking

1

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: 1944
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 500000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: George Washington Elementary Sch
  • High School: Maine South High School
  • Middle/Junior School: Lincoln Middle School
  • Middle/Junior School District: 64

Lot Info

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

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 12312.54
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2023
Sold by
Liwanag Michael and Liwanag Pennada
Bought by
Liwanag And Sriyawong Trust and Liwanag
Total Days on Market
1
Current Estimated Value
$617,885

Purchase Details

Listed on
Feb 17, 2021
Closed on
May 21, 2021
Sold by
Locascio Michael J and The Michael J Locascio Trust
Bought by
Sriyawong Pennada and Liwanag Michael
Seller's Agent
Danny McGovern
RE/MAX Properties Northwest
Buyer's Agent
Hady Gendusa
Mega Realty Inc.
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$371,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2013
Sold by
Burek Locascio Michael J and Burek Locascio Wendy
Bought by
Locascio Michael J and Michael J Locascio Trust

Purchase Details

Closed on
May 31, 2007
Sold by
Lindt Raymond and Lindt Mariette
Bought by
Burek Locascio Michael J and Burek Locascio Wendy

Purchase Details

Closed on
Dec 26, 2002
Sold by
Chicago Title Land Trust Co
Bought by
Lindt Raymond and Lindt Mariette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.3%

Purchase Details

Closed on
Apr 19, 2002
Sold by
Ritts Doris B
Bought by
Chicago Title Land Trust Company and Trust #11007193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.18%
Source: Public Records

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Range of Values:

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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
Liwanag And Sriyawong Trust -- None Listed On Document
Sriyawong Pennada $495,000 Chicago Title
Locascio Michael J -- None Available
Burek Locascio Michael J $650,000 Chicago Title Insurance Co
Lindt Raymond $370,000 --
Chicago Title Land Trust Company $330,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sriyawong Pennada $371,250
Previous Owner Lindt Raymond $306,000
Previous Owner Lindt Raymond $292,500
Previous Owner Lindt Raymond $294,000
Previous Owner Chicago Title Land Trust Company $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $495,000 -1.0% $306 / Sq Ft
02/27/2021 02/27/21 For Sale -- -- --
02/27/2021 02/27/21 For Sale $500,000 +1.0% $309 / Sq Ft
02/18/2021 02/18/21 Off Market $495,000 -- --
02/18/2021 02/18/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $500,000 0.0% $309 / Sq Ft
11/07/2016 11/07/16 Rented $2,200 0.0% --
09/20/2016 09/20/16 Price Changed $2,200 -12.0% $1 / Sq Ft
08/10/2016 08/10/16 For Rent $2,500 -- --
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 $12,223 $47,000 $12,750 $34,250
2023 $12,223 $47,000 $12,750 $34,250
2022 $12,223 $47,000 $12,750 $34,250
2021 $11,095 $36,478 $7,875 $28,603
2020 $10,654 $36,478 $7,875 $28,603
2019 $12,313 $47,241 $7,875 $39,366
2018 $9,678 $33,818 $6,750 $27,068
2017 $10,548 $37,017 $6,750 $30,267
2016 $10,902 $39,733 $6,750 $32,983
2015 $9,839 $31,901 $5,625 $26,276
2014 $9,645 $31,901 $5,625 $26,276
2013 $9,969 $34,810 $5,625 $29,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10997350

Midwest Real Estate Data (MRED)

APN: 09-34-220-021-0000