NOT LISTED FOR SALE

5503 N Ridgeway Rd Ringwood, IL 60072

Estimated Value: $482,000 - $573,816

3 Beds
2 Baths
2,181 Sq Ft
$242/Sq Ft Est. Value

Sale Details

Date Sold: September 23, 2022

Last sale price $415,000 $190 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,374 / mo

58 Days on Market

Highlights

  • Water Views
  • Stables
  • 4.75 Acre Lot
  • Barn
  • Multiple Garages
  • Dining Room with Fireplace

About This Home

As of September 2022

Sitting on just under 5 acres- come make this 3 Bed 2 bath ranch your dream home! Roof, siding, bathroom remodel, garage door, furnace all taken care of in the last 1-5 years. Super large separate pole barn that has very well kept horse stalls. Back side of the house faces west so enjoy your sunsets overlooking the private pond on this sprawling property. Home is extremely well cared for and just awaiting your finishing touches! Land is very useable around and behind the pond. Looking for limited restrictions for the use of your land? Here you go!

Last Agent to Sell the Property

Kevin Dombrowski

HomeSmart Connect LLC License #475179249 Listed on: 06/14/2022

HomeSmart Connect LLC

Last Buyer's Agent

Felicia Esmond

Dickerson & Nieman Realtors License #475137307

Dickerson & Nieman Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,725

Year Built

  • Built in 1973 | Remodeled in 2015

Lot Details

  • 4.75 Acre Lot
  • Lot Dimensions are 330x623

Parking

  • 6 Car Detached Garage
  • Multiple Garages
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Box Stalls

Interior Spaces

  • 2,181 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Family Room
  • Living Room with Fireplace
  • Sitting Room
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Laminate Flooring
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Pond
  • Patio

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,725

Year Built

Built in 1973 | Remodeled in 2015

Lot Details

4.75 Acres

Parking

6

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1973
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Wood Laminate Floors, First Floor Laundry, First Floor Full Bath
  • LivingArea: 2181
  • Room Type: Sitting Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room,Dining Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, Box Stalls
  • Lot Features: Horses Allowed, Pond(s), Water View, Views
  • OtherStructures: Barn(s), Stable(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 6
  • Number of Cars: 6
  • Driveway: Asphalt,Gravel
  • Garage Details: Garage Door Opener(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 4.7524
  • Lot Dimensions: 330X623
  • Lot Size: 4.0-4.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7725.26
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Sep 14, 2022
Sold by
Stade Laurie A
Bought by
Montijo Nicholas E and Montijo Lynsey K
Seller's Agent
Kevin Dombrowski
HomeSmart Connect LLC
Buyer's Agent
Felicia Esmond
Dickerson & Nieman Realtors
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%
Views
30
Current Estimated Value
$528,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,454
Avg. Annual Appreciation
7.07%
Original Mortgage
$415,000
Outstanding Balance
$397,418
Interest Rate
5.55%
Mortgage Type
VA
Estimated Equity
$131,036

Purchase Details

Closed on
Feb 26, 2002
Sold by
Stade Vernon
Bought by
Stade Laurie A

Purchase Details

Closed on
Aug 11, 1997
Sold by
Lupton Frank B and Lupton Charlotte E
Bought by
Mp Vernon Stade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
7.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Montijo Nicholas E $415,000 --
Stade Laurie A -- --
Mp Vernon Stade $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montijo Nicholas E $415,000
Previous Owner Mp Vernon Stade $171,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $415,000 -1.2% $190 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
06/21/2022 06/21/22 Price Changed $420,000 -6.7% $193 / Sq Ft
06/14/2022 06/14/22 For Sale $450,000 -- $206 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 -- $131,151 $25,623 $105,528
2023 $5,968 $117,498 $22,956 $94,542
2022 $5,968 $109,006 $21,297 $87,709
2021 $7,725 $101,514 $19,833 $81,681
2020 $7,486 $97,282 $19,006 $78,276
2019 $7,299 $92,377 $18,048 $74,329
2018 $7,108 $88,188 $17,230 $70,958
2017 $6,914 $82,767 $16,171 $66,596
2016 $6,836 $77,352 $15,113 $62,239
2013 -- $76,157 $14,880 $61,277
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11434973

Midwest Real Estate Data (MRED)

APN: 09-05-426-003

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