Seller's Agent in 2024
Danny McGovern
RE/MAX
(847) 293-4687
150 in this area
258 Total Sales
525 S Cumberland Ave Park Ridge, IL 60068
Estimated Value: $611,000 - $660,000
3
Beds
2
Baths
1,282
Sq Ft
$492/Sq Ft
Est. Value
Highlights
- Property is near a park
- Recreation Room
- Main Floor Bedroom
- Theodore Roosevelt Elementary School Rated A-
- Wood Flooring
- Attic
About This Home
As of July 2024Welcome to this beautifully renovated home on a generous 50x171 lot, ideally positioned within walking distance to Uptown Park Ridge. This residence welcomes you in with a luminous living room that is the perfect gathering place for your family. The stunning kitchen boasts a large island, pantry closet, and adjoining dining room. Additionally, a convenient first-floor bedroom and full bathroom offer ease and accessibility. Upstairs, two spacious rooms and another full bathroom await, complemented by ample attic storage. The full, unfinished basement presents limitless potential. Outside, a vast backyard and 3-car garage accessible via alley provide added convenience, leading to the Park Ridge Metra Train Station in about a 10-minute stroll. Enjoy proximity to all schools and effortless access to I-90, making this residence a perfect blend of comfort and luxury.
Last Agent to Sell the Property
RE/MAX Properties Northwest License #475139477 Listed on: 03/28/2024
Last Buyer's Agent
@properties Christie's International Real Estate License #475176199
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,443
Year Built
- Built in 1950 | Remodeled in 2021
Lot Details
- Lot Dimensions are 50x171
- Paved or Partially Paved Lot
Parking
- 3 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Off Alley Driveway
- Parking Space is Owned
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,282 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Recreation Room
- Wood Flooring
- Dormer Attic
- Carbon Monoxide Detectors
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
- Sink Near Laundry
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Location
- Property is near a park
Schools
- Theodore Roosevelt Elementary Sc
- Lincoln Middle School
- Maine South High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2024
Closed on
Jul 3, 2024
Sold by
Mallace Calum S and Mallace Jordan N
Bought by
Stovall Kevin Richard and Smith Abby Rose
Seller's Agent
Danny McGovern
RE/MAX Properties Northwest
Buyer's Agent
Sharon McILhattan
@properties Christie's International Real Estate
List Price
$629,000
Sold Price
$605,000
Premium/Discount to List
-$24,000
-3.82%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,179
Avg. Annual Appreciation
3.24%
Original Mortgage
$484,000
Outstanding Balance
$477,808
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$152,371
Purchase Details
Listed on
Oct 9, 2020
Closed on
Nov 11, 2020
Sold by
Kwok Eugene C and Kwok Cherie Yu
Bought by
Mallace Jordan N and Mallace Calum S
Seller's Agent
Danny McGovern
RE/MAX Properties Northwest
Buyer's Agent
Danny McGovern
RE/MAX Properties Northwest
List Price
$350,000
Sold Price
$337,500
Premium/Discount to List
-$12,500
-3.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.29%
Original Mortgage
$320,625
Interest Rate
2.75%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stovall Kevin Richard | $605,000 | First American Title | |
| Mallace Jordan N | $337,500 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stovall Kevin Richard | $484,000 | |
| Previous Owner | Mallace Jordan N | $320,625 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/17/2024 07/17/24 | Sold | $605,000 | -3.8% | $472 / Sq Ft | |
| 03/28/2024 03/28/24 | For Sale | $629,000 | +86.4% | $491 / Sq Ft | |
| 11/20/2020 11/20/20 | Sold | $337,500 | -3.6% | $215 / Sq Ft | View Prior Sale |
| 10/20/2020 10/20/20 | Pending | -- | -- | -- | |
| 10/09/2020 10/09/20 | For Sale | $350,000 | -- | $223 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $11,942 | $44,000 | $14,620 | $29,380 |
| 2023 | $11,443 | $44,000 | $14,620 | $29,380 |
| 2022 | $11,443 | $44,000 | $14,620 | $29,380 |
| 2021 | $11,232 | $36,929 | $9,030 | $27,899 |
| 2020 | $9,880 | $36,929 | $9,030 | $27,899 |
| 2019 | $11,055 | $45,847 | $9,030 | $36,817 |
| 2018 | $8,721 | $33,912 | $7,740 | $26,172 |
| 2017 | $8,702 | $33,912 | $7,740 | $26,172 |
| 2016 | $9,382 | $36,691 | $7,740 | $28,951 |
| 2015 | $8,266 | $29,423 | $6,450 | $22,973 |
| 2014 | $8,119 | $29,423 | $6,450 | $22,973 |
| 2013 | $7,673 | $29,423 | $6,450 | $22,973 |
Source: Public Records
Agents Affiliated with this Home
-
Danny McGovern
-
Sharon McILhattan
Buyer's Agent in 2024
Sharon McILhattan
@ Properties
(312) 608-0417
2 in this area
18 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11979135
APN: 09-35-222-010-0000
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