NOT LISTED FOR SALE

707 S Cumberland Ave Park Ridge, IL 60068

Estimated Value: $1,724,000 - $2,004,000

5 Beds
6 Baths
6,575 Sq Ft
$282/Sq Ft Est. Value

Last Sold December 08, 2017

Last sale price $1,110,000 $169 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $12,273/month

19 Days on Market

Highlights

  • Home Theater
  • Landscaped Professionally
  • Recreation Room
  • Theodore Roosevelt Elementary School Rated A-
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of December 2017

Come see one of the Biggest & Best that Park Ridge has to offer. This 6500+ sqft. newer construction gorgeous home features hardwood throughout, 4 bedrooms on 2nd level, 2 Master Suites, Custom Cabs & Natural Stone galore. Lower Level with Media Room, Workout Room, & Massive Rec Room. Wonderful floor plan with formal dining & generous terrace make this an entertainers dream. Too many details to list. Must come see to appreciate the beauty of this home. Oversized lot with spacious backyard and three car garage. A true gem. Show with Confidence. Please note low taxes.

Last Agent to Sell the Property

Sean Glascott

@properties Christie's International Real Estate License #475142541 Listed on: 09/11/2017

@properties Christie's International Real Estate

Last Buyer's Agent

Michael Stangel

@properties Christie?s International Real Estate License #471010418

@properties Christie?s International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,406

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 75x170
  • Fenced
  • Landscaped Professionally

Parking

  • 3 Car Garage
  • Parking Included in Price

Interior Spaces

  • 6,575 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Bonus Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Dual Sinks
  • Soaking Tub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Power Generator

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,406

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 2008
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Oven, Range Hood
  • Basement: Finished, Exterior Entry, Full, Walk-Out Access
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 2
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Wet Bar, In-Law Floorplan
  • LivingArea: 6575
  • Other Equipment: Backup Sump Pump;, Generator
  • Room Type: Bedroom 5, Bonus Room, Eating Area, Exercise Room, Recreation Room, Media Room, Office, Terrace
  • Window Features: Skylight(s)
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Basement
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Frame, Clad Trim
  • Fencing: Fenced
  • Lot Features: Landscaped
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, Garage, On Site, Garage Owned, Detached
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Upper Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 75X170
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 11406
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2025
Sold by
Varavadekar Revocable Trust and Varavadekar Ryan R
Bought by
Jrv Investments Llc
Current Estimated Value
$1,855,806

Purchase Details

Listed on
Sep 11, 2017
Closed on
Dec 1, 2017
Sold by
Koziel William R and Piche Catherine L
Bought by
Varavadekar Ryan R and Varavadekar Jessica L
Seller's Agent
Sean Glascott
@properties Christie's International Real Estate
Buyer's Agent
Michael Stangel
@properties Christie?s International Real Estate
List Price
$1,175,000
Sold Price
$1,110,000
Premium/Discount to List
-$65,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$888,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 31, 2006
Sold by
Spuria Nino
Bought by
Koziel William R and Piche Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,200
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 17, 2006
Sold by
Spuria Nino
Bought by
Spuria Nino and The Nino Spuria 2005 Trust

Purchase Details

Closed on
Aug 31, 2005
Sold by
Westfall Myrtle
Bought by
Spuria Nino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 17, 2000
Sold by
Westfall Myrtle H
Bought by
Westfall Myrtle and Myrtle Westfall 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
Jrv Investments Llc -- None Listed On Document
Varavadekar Ryan R $1,110,000 Chicago Title
Koziel William R $579,000 None Available
Spuria Nino -- None Available
Spuria Nino $540,000 Git
Westfall Myrtle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varavadekar Ryan R $888,000
Previous Owner Koziel William R $463,200
Previous Owner Spuria Nino $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2018 03/11/18 Off Market $1,110,000 -- --
12/08/2017 12/08/17 Sold $1,110,000 0.0% $169 / Sq Ft
10/01/2017 10/01/17 Off Market $1,110,000 -- --
09/30/2017 09/30/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $1,175,000 -- $179 / 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 $29,190 $107,953 $21,692 $86,261
2023 $30,318 $120,000 $21,692 $98,308
2022 $30,318 $120,000 $21,692 $98,308
2021 $29,238 $99,462 $13,398 $86,064
2020 $28,144 $99,462 $13,398 $86,064
2019 $27,593 $109,299 $13,398 $95,901
2018 $27,032 $97,895 $11,484 $86,411
2017 $29,963 $105,151 $11,484 $93,667
2016 $28,851 $105,151 $11,484 $93,667
2015 $11,406 $36,981 $9,570 $27,411
2014 $10,404 $36,981 $9,570 $27,411
2013 $9,838 $36,981 $9,570 $27,411
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09747332

Midwest Real Estate Data (MRED)

APN: 09-35-400-026-0000