NOT LISTED FOR SALE

701 S Seminary Ave Park Ridge, IL 60068

Estimated Value: $760,000 - $792,000

5 Beds
4 Baths
4,204 Sq Ft
$185/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $542,000 $129 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,213/month

94 Days on Market

Highlights

  • Living Room with Fireplace
  • Formal Dining Room
  • Attached Garage
  • George Washington Elementary School Rated A

About This Home

As of November 2021

This five bedroom, four bathroom home has so much to offer! Situated on a large corner lot, this home features generous room sizes and a great layout. The kitchen features granite countertops, stainless steel appliances, and a sun porch. Two wood burning fireplaces. Dual zoned HVAC includes central air, new boiler in 2015, and new water heater in 2017. Attached two car garage with attic access. Second floor includes four bedrooms, two full bathrooms, and an office. Basement features a large Rec Room with a bar plus a massive storage room. Fantastic block in a prime location near Centennial Park and all three schools (Washington, Lincoln, Maine South). As-Is Sale.

Last Agent to Sell the Property

Katie Mischka-Cibulsky

@properties Christies International Real Estate License #475115441 Listed on: 07/05/2021

@properties Christies International Real Estate

Last Buyer's Agent

Kari Hoerr

Berkshire Hathaway HomeServices Starck Real Estate License #475178403

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,810

Year Built

  • 1948

Lot Details

  • 8,712

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Interior Spaces

  • 4,204 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Attic

Finished Basement

  • Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Rough-In Basement Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,810

Year Built

1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Corner of Seminary & Talcott
  • Lot Size: 60X140
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1948

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Stainless Steel Appliance(s)
  • Has Basement: Full, Walkout
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 4204
  • Basement Description: Finished,Exterior Access,Bathroom Rough-In
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 4544
  • Attic: Unfinished
  • Full Bathrooms: 4
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1081
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Walk-In Closet(s), Granite Counters
  • Dining Room Type: Bedroom 5, Breakfast Room, Office, Recreation Room, Play Room, Utility Room-Lower Level

Exterior Features

  • Exterior Building Type: Brick,Wood Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Steam, Radiator(s)
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 207
  • Middle Or Junior School: Lincoln Middle School

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

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

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 18439.95
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Nov 18, 2021
Sold by
Schaefer Christine N
Bought by
Hoerr Grant and Hoerr Kari
Seller's Agent
Katie Mischka-Cibulsky
@properties Christies International Real Estate
Buyer's Agent
Kari Hoerr
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$650,000
Sold Price
$542,000
Premium/Discount to List
-$108,000
-16.62%
Current Estimated Value
$776,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,004
Avg. Annual Appreciation
9.51%
Original Mortgage
$514,900
Outstanding Balance
$471,817
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$304,187

Purchase Details

Closed on
Dec 11, 2020
Sold by
Schaefer John R and Susan K Schaefer Trust
Bought by
Schaefer Christine N

Purchase Details

Closed on
Jun 7, 2019
Sold by
Schaefer Susan K
Bought by
Schaefer Susan K and Susan K Schaefer Trust

Purchase Details

Closed on
Apr 17, 2019
Sold by
Schaefer Susan K
Bought by
Susan K Schaefer 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
Hoerr Grant $542,000 None Available
Schaefer Christine N $535,000 Chicago Title
Schaefer Susan K -- None Available
Susan K Schaefer Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoerr Grant $514,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2021 11/18/21 Sold $542,000 -16.6% $129 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
07/05/2021 07/05/21 For Sale $650,000 -- $155 / 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 $13,810 $54,200 $15,470 $38,730
2023 $13,206 $54,200 $15,470 $38,730
2022 $13,206 $54,200 $15,470 $38,730
2021 $17,270 $56,783 $9,100 $47,683
2020 $18,440 $63,135 $9,100 $54,035
2019 $16,675 $70,151 $9,100 $61,051
2018 $13,204 $52,324 $7,962 $44,362
2017 $13,179 $52,324 $7,962 $44,362
2016 $13,182 $52,324 $7,962 $44,362
2015 $14,319 $50,923 $6,597 $44,326
2014 $14,065 $50,923 $6,597 $44,326
2013 $13,831 $50,923 $6,597 $44,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11144933

Midwest Real Estate Data (MRED)

APN: 09-34-422-001-0000