NOT LISTED FOR SALE

701 S Cumberland Ave Park Ridge, IL 60068

Estimated Value: $607,000 - $626,037

2 Beds
2 Baths
1,500 Sq Ft
$410/Sq Ft Est. Value

Last Sold July 19, 2016

Last sale price $392,500 $262 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,235/month

8 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Fenced Yard
  • Theodore Roosevelt Elementary School Rated A-
  • Sun or Florida Room
  • Attached Garage

About This Home

As of July 2016

THIS SPRAWLING RANCH SITS ON A HUGE 75X170 LOT AND IS JUST BLOCKS FROM UPTOWN PARK RIDGE, METRA TRAIN, ALL SHOPS, SCHOOLS AND ENTERTAINMENT DISTRICT. THE LOVELY YARD LEADS TO AN ALLEY ACCESS AND CAN ACCOMODATE A NEW 3 CAR GARAGE IF YOU WOULD LIKE. THIS HOME IS GREAT AS-IS, ADD ON OR TEAR DOWN. ESTATE SALE, SO PLEASE MAKE ALL OFFERS AS-IS CONDITION.

Last Agent to Sell the Property

Danny McGovern

RE/MAX Properties Northwest License #475139477 Listed on: 06/09/2016

RE/MAX Properties Northwest

Last Buyer's Agent

Pam Saul

Realty ONE Group Karmma License #471022176

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,669

Year Built

  • 1955

Lot Details

  • 0.29

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Fireplace
  • Sun or Florida Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sub-Basement
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Deck
  • Fenced Yard
  • Property is near a bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,669

Year Built

1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Disability Access: Yes
  • Disability Access Details: Grab Bars in Bathroom(s), Grab Bars Throughout
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1955
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Partially Finished, Sub-Basement
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 10X10, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 16X12, On Level: Main Level, Flooring: Other, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Sun/Florida Room
  • Master Bedroom: Dimensions: 16X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Sunroom, Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1500
  • Dining Room Type: Separate
  • Family Room: Dimensions: 50X25, On Level: Basement, Flooring: Stone, Windows: None

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Exterior Property Features: Deck

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1.5
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 207
  • Elementary School: THEODORE ROOSEVELT ELEMENTARY SC
  • Middle School: LINCOLN MIDDLE SCHOOL
  • High School: MAINE SOUTH HIGH SCHOOL
  • Junior High Dist: 64

Lot Info

  • Lot Dimensions: 75X170
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 09354000250000

Tax Info

  • Taxes: 8953.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2016
Closed on
Jul 18, 2016
Sold by
Sobczak Lynn C
Bought by
Roeske Michael
Seller's Agent
Danny McGovern
RE/MAX Properties Northwest
Buyer's Agent
Pam Saul
Realty ONE Group Karmma
List Price
$389,900
Sold Price
$392,500
Premium/Discount to List
$2,600
0.67%
Current Estimated Value
$615,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,009
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Sep 29, 2015
Sold by
Gartner Richard V
Bought by
Trust No 701

Purchase Details

Closed on
Sep 12, 1997
Sold by
Schillinger Jerry J
Bought by
Gartner Richard V and Gartner Betty E
Source: Public Records

Range of Values:

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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
Roeske Michael $392,500 Old Republic Title
Trust No 701 -- None Available
Gartner Richard V $166,666 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2016 07/19/16 Sold $392,500 +0.7% $262 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $389,900 -- $260 / 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 $11,669 $42,997 $21,497 $21,500
2023 $11,182 $42,997 $21,497 $21,500
2022 $11,182 $42,997 $21,497 $21,500
2021 $13,429 $44,155 $13,387 $30,768
2020 $12,896 $44,155 $13,387 $30,768
2019 $12,646 $48,522 $13,387 $35,135
2018 $10,569 $36,932 $11,475 $25,457
2017 $10,524 $36,932 $11,475 $25,457
2016 $8,959 $36,932 $11,475 $25,457
2015 $9,104 $34,014 $9,562 $24,452
2014 $8,953 $34,014 $9,562 $24,452
2013 $8,450 $34,014 $9,562 $24,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09253169

Midwest Real Estate Data (MRED)

APN: 09-35-400-025-0000