NOT LISTED FOR SALE

525 S Western Ave Park Ridge, IL 60068

Estimated Value: $604,000 - $722,000

3 Beds
2.5 Baths
1,576 Sq Ft
$419/Sq Ft Est. Value

Last Sold February 17, 2015

Last sale price $388,000 $246 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,330/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Wood Flooring
  • George Washington Elementary School Rated A
  • Recreation Room
  • Den

About This Home

As of February 2015

ABSOLUTELY CHARMING CAPE COD! GREAT LOCATION, JUST DOWN THE STREET FROM WASHINGTON, LINCOLN, MAINE SOUTH, CENTENNIAL PARK AND COMMUNITY CENTER. ROOF, GUTTERS - 2010, KITCHEN - 2004. SHED & FENCE 2013. OVERHEAD SEWERS, EJECTOR PUMP WITH BATTERY BACKUP, PELLA WINDOWS. METICULOUSLY MAINTAINED, MOVE IN READY!

Last Agent to Sell the Property

Joan Sandrik

Sebastian Co. Real Estate License #471001810 Listed on: 11/09/2014

Last Buyer's Agent

John Debaz

Coldwell Banker License #475103035

Coldwell Banker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,041

Year Built

  • Built in 1943

Lot Details

  • 7,919 Sq Ft Lot
  • Lot Dimensions are 60 x 132.26
  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,576 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Screens
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Parking

  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Outdoor Features

  • Deck
  • Shed
  • Outdoor Grill

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,041

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1943
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Dry Bar
  • LivingArea: 1576
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Den, Recreation Room
  • Window Features: Screens
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • ExteriorFeatures: Outdoor Grill
  • Fencing: Fenced
  • List Price: 419900
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Brick Driveway, Concrete, Off Street, Driveway, On Site, Owned
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

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

  • Additional Parcels: No
  • Lot Size Acres: 0.1818
  • Lot Dimensions: 60 X 132.26
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9041.35
  • Tax Year: 2013
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2014
Closed on
Feb 13, 2015
Sold by
Richter Gayle I
Bought by
Aiello James R and Aiello Irene F
Seller's Agent
Joan Sandrik
Sebastian Co. Real Estate
Buyer's Agent
John Debaz
Coldwell Banker
List Price
$419,900
Sold Price
$388,000
Premium/Discount to List
-$31,900
-7.6%
Current Estimated Value
$660,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,030
Avg. Annual Appreciation
5.09%
Original Mortgage
$310,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 1996
Sold by
Richter George D and Richter Gayle I
Bought by
Richter Gayle I and Gayle I Richter Trust
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
Aiello James R $388,000 Ct
Richter Gayle I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aiello James R $310,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2015 02/17/15 Sold $388,000 -7.6% $246 / Sq Ft
11/14/2014 11/14/14 Pending -- -- --
11/09/2014 11/09/14 For Sale $419,900 -- $266 / 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 $10,499 $42,000 $13,464 $28,536
2023 $10,033 $42,000 $13,464 $28,536
2022 $10,033 $42,000 $13,464 $28,536
2021 $8,722 $32,008 $8,316 $23,692
2020 $9,276 $34,862 $8,316 $26,546
2019 $10,277 $42,861 $8,316 $34,545
2018 $8,429 $32,888 $7,128 $25,760
2017 $8,812 $34,299 $7,128 $27,171
2016 $10,060 $36,666 $7,128 $29,538
2015 $9,590 $31,093 $5,940 $25,153
2014 $9,577 $36,078 $5,940 $30,138
2013 $9,041 $36,078 $5,940 $30,138
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08772120

Midwest Real Estate Data (MRED)

APN: 09-35-121-009-0000