534 W Park Place Addison, IL 60101
Estimated Value: $359,000 - $405,582
4
Beds
2
Baths
1,160
Sq Ft
$330/Sq Ft
Est. Value
Highlights
- Raised Ranch Architecture
- 1 Car Attached Garage
- Central Air
About This Home
As of December 2023Located within walking distance of Old Mill Park, look no further as you have found your dream home in the ideal location. This spacious bi level has undergone a high end renovation where nothing was overlooked. As you entry the home you will fall in love with the open layout which this home offers. Recently refinished gleaming hardwood floors run throughout the main level and flow effortlessly into the gourmet kitchen which has been upgraded with a island, new cabinets, new counters and a modern backsplash, this is any chefs dream kitchen. There are three bedrooms on the main level, all which have been recently painted, the main level bathroom is highly upgraded as is the second bath in the lower level. The lower level offers a family room along with a bonus room which can be utilized as a 4th bedroom, home office or den. Lets not overlook the great yard with a large deck which is ideal for those summer nights we all love so much. Nothing was spared here, new windows, new HVAC, New appliances! This home is truly move in ready and professionally designed, at this value the home will not last long! Get inside today to appreciate all this home has to offer.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,710
Year Built
- Built in 1964 | Remodeled in 2023
Lot Details
- Lot Dimensions are 50 x 125
Parking
- 1 Car Attached Garage
- Parking Space is Owned
Home Design
- 1,160 Sq Ft Home
- Raised Ranch Architecture
- Bi-Level Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2023
Closed on
Dec 6, 2023
Sold by
Trust Number 8002391331
Bought by
Ramos Susie
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Mariam Cooney
IIMaro Realty
List Price
$425,000
Sold Price
$365,000
Premium/Discount to List
-$60,000
-14.12%
Views
257
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
$17,396
Avg. Annual Appreciation
3.76%
Original Mortgage
$358,388
Outstanding Balance
$354,334
Interest Rate
7.99%
Mortgage Type
FHA
Estimated Equity
$32,304
Purchase Details
Closed on
Apr 20, 2023
Sold by
Platinum Pearl Holdings Llc
Bought by
Chicago Title Land Trust Company
Purchase Details
Closed on
Apr 5, 2023
Sold by
Sheriff Of Dupage County Illinois
Bought by
Platinum Pearl Holdings Llc
Purchase Details
Closed on
Aug 13, 2002
Sold by
Elliott Scott and Elliott Melinda
Bought by
Morales Francisco and Ivarra Sonia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,425
Interest Rate
6.64%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 21, 2000
Sold by
Covganka Joseph A and Covganka Tracey K
Bought by
Elliott Scott and Elliott Melinda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,650
Interest Rate
8.24%
Similar Homes in Addison, IL
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 |
|---|---|---|---|
| Ramos Susie | $365,000 | None Listed On Document | |
| Chicago Title Land Trust Company | -- | Chicago Title | |
| Platinum Pearl Holdings Llc | $194,000 | None Listed On Document | |
| Morales Francisco | $225,000 | First American Title | |
| Elliott Scott | $169,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ramos Susie | $358,388 | |
| Previous Owner | Ivarra Sonia | $295,000 | |
| Previous Owner | Morales Francisco | $270,000 | |
| Previous Owner | Morales Francisco | $247,500 | |
| Previous Owner | Morales Francisco | $226,649 | |
| Previous Owner | Morales Francisco | $221,425 | |
| Previous Owner | Elliott Scott | $143,650 | |
| Previous Owner | Covganka Joseph A | $115,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/08/2023 12/08/23 | Sold | $365,000 | -8.7% | $315 / Sq Ft |
| 11/14/2023 11/14/23 | Pending | -- | -- | -- |
| 10/30/2023 10/30/23 | Price Changed | $399,900 | -5.9% | $345 / Sq Ft |
| 10/30/2023 10/30/23 | For Sale | $425,000 | 0.0% | $366 / Sq Ft |
| 10/27/2023 10/27/23 | Pending | -- | -- | -- |
| 10/02/2023 10/02/23 | For Sale | $425,000 | -- | $366 / 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 |
|---|---|---|---|---|
| 2023 | $5,986 | $89,320 | $33,300 | $56,020 |
| 2022 | $5,626 | $82,390 | $30,670 | $51,720 |
| 2021 | $5,386 | $78,920 | $29,380 | $49,540 |
| 2020 | $5,234 | $75,590 | $28,140 | $47,450 |
| 2019 | $5,192 | $72,680 | $27,060 | $45,620 |
| 2018 | $5,120 | $69,070 | $25,760 | $43,310 |
| 2017 | $4,981 | $66,010 | $24,620 | $41,390 |
| 2016 | $4,835 | $60,940 | $22,730 | $38,210 |
| 2015 | $4,702 | $56,300 | $21,000 | $35,300 |
| 2014 | $4,748 | $56,460 | $21,660 | $34,800 |
| 2013 | $4,654 | $57,610 | $22,100 | $35,510 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Smith
Seller's Agent in 2023
Ryan Smith
RE/MAX Premier
(312) 810-9680
5 in this area
820 Total Sales
-
Mariam Cooney
Buyer's Agent in 2023
Mariam Cooney
IIMaro Realty
(773) 716-6675
1 in this area
15 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11898855
APN: 03-20-216-019
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