NOT LISTED FOR SALE

525 S Home Ave Park Ridge, IL 60068

Estimated Value: $1,224,000 - $1,360,000

5 Beds
5 Baths
4,531 Sq Ft
$286/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $875,000 $193 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $8,880/month

72 Days on Market

Highlights

  • Family Room with Fireplace
  • Double Shower
  • Formal Dining Room
  • George Washington Elementary School Rated A
  • Whirlpool Bathtub
  • Detached Garage

About This Home

As of December 2021

Gorgeous custom built home across the street from Maine South High School! This stunning newer construction home boasts 4531sf of top of the line finishes throughout. A perfect layout for entertaining. Custom molding and millwork, 10 foot ceilings, triple pane windows. A grand two story foyer with bridal staircase. Beautiful wide plank flooring throughout the entire home. First floor bedroom or den, full bath and formal living room. The great room features 12 foot ceilings with floor to ceiling windows and a beautiful custom fireplace. Off the great room you have a first floor office and formal dining room. An amazing eat in chef's kitchen with custom cherry cabinetry, a large center island, granite counters, Sub Zero refrigerator and double oven. First floor laundry and a mud room out to the yard and two car brick garage. The second floor features a luxurious master suite with spa like master bath, steam shower, Jacuzzi tub and walk-in closet. Two additional junior suites with en-suite bathrooms and walk-in closets. A fourth bedroom along with a bonus room perfect for a playroom complete the second level. The huge semi-finished basement has been completely dry walled, has an additional fireplace and a rough-in bathroom. Dual zoned HVAC and two hot water tanks. An amazing location walking distance to Washington middle school, Lincoln Jr High & Maine South High School. Just blocks from Centennial Park and pool, the Community Center, and the sled hill! Tons of living space in an amazing location!

Last Agent to Sell the Property

Matt Steiger

@properties Christie?s International Real Estate License #475173660 Listed on: 09/10/2021

@properties Christie?s International Real Estate

Last Buyer's Agent

TONY BELLINO

RE/MAX of Barrington License #471002939

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,748

Year Built

  • 2004

Lot Details

  • 8,712

Parking

  • Detached Garage
  • Brick Driveway
  • Parking Included in Price

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Formal Dining Room
  • Unfinished Attic

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub
  • Double Shower
  • Steam Shower
  • Separate Shower

Partially Finished Basement

  • Fireplace in Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,748

Year Built

2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Corner of Talcott and Home Ave
  • Lot Size: 8930
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 2004

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Cooktop, Intercom
  • Has Basement: Full
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Double Sink,Double Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Basement
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • Dining Room Type: Bedroom 5, Den, Bonus Room, Recreation Room, Foyer, Utility Room-Lower Level, Walk In Closet, Breakfast Room

Exterior Features

  • Roof: Asphalt
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick,Stone
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Brick
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Electric
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: George Washington Elementary Sch
  • High School: Maine South High School
  • Junior High Dist: 207
  • Middle Or Junior School: Lincoln Middle School

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No
  • Additional Parcels: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 25050.26
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2022
Sold by
Rosales Carlos H
Bought by
Revocable Trust
Current Estimated Value
$1,295,358

Purchase Details

Listed on
Sep 10, 2021
Closed on
Dec 17, 2021
Sold by
Romano Mark S
Bought by
Rosales Carlos
Seller's Agent
Matt Steiger
@properties Christie?s International Real Estate
Buyer's Agent
TONY BELLINO
RE/MAX of Barrington
List Price
$999,000
Sold Price
$875,000
Premium/Discount to List
-$124,000
-12.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%

Purchase Details

Closed on
Feb 21, 2001
Sold by
Mckenna John J and Mckenna Janine R
Bought by
Romano Mark S and Romano Sophia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
7.12%

Purchase Details

Closed on
Apr 13, 1995
Sold by
Pionke John F
Bought by
Dehning Robert G
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
Revocable Trust -- None Listed On Document
Rosales Carlos -- --
Rosales Carlos -- --
Romano Mark S $275,500 --
Dehning Robert G $201,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosales Carlos H $500,000
Previous Owner Magnelli Joe $271,764
Previous Owner Romano Mark S $250,000
Previous Owner Romano Mark S $100,000
Previous Owner Romano Mark S $700,000
Previous Owner Romano Mark S $275,500
Previous Owner Mckenna John J $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $875,000 -12.4% $193 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $999,000 -- $220 / 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 $23,748 $87,500 $15,181 $72,319
2023 $22,756 $87,500 $15,181 $72,319
2022 $22,756 $87,500 $15,181 $72,319
2021 $25,600 $87,500 $9,376 $78,124
2020 $25,095 $89,022 $9,376 $79,646
2019 $25,050 $99,543 $9,376 $90,167
2018 $23,841 $86,745 $8,037 $78,708
2017 $24,504 $89,368 $8,037 $81,331
2016 $23,835 $89,368 $8,037 $81,331
2015 $23,826 $79,873 $6,697 $73,176
2014 $23,811 $81,323 $6,697 $74,626
2013 $22,537 $81,323 $6,697 $74,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11209748

Midwest Real Estate Data (MRED)

APN: 09-34-219-011-0000