NOT LISTED FOR SALE

715 Busse Hwy Unit B1 Park Ridge, IL 60068

Estimated Value: $136,000 - $162,825

1 Bed
1 Bath
-- Sq Ft
$221/mo HOA Fee

Last Sold September 08, 2020

Last sale price $89,000

Est. 68% increase in value since last sale

Current estimated payment $1,276/month

37 Days on Market

Highlights

  • End Unit
  • Storage
  • Southern Exposure
  • Franklin Elementary School Rated A-

About This Home

As of September 2020

Welcome Home! This cozy 1 Bedroom 1 Bath condo in wonderful Park Ridge is the perfect opportunity to become a home owner! Kitchen features gas stove and tile backsplash. Carpet was just installed in 2019. Large living room / dining room combo. Bedroom fits a king size bed and has plenty of closet space. Monthly assessment includes heat, water, and exterior maintenance. Laundry room on the lower level. One assigned parking space is included with the sale! Rentals are allowed! Close to shopping, restaurants, grocery stores, train, highways, nightlife, and more!

Last Agent to Sell the Property

Mary Gilardi

Keyrenter Chicago Metro Property Management License #471021153 Listed on: 06/29/2020

Last Buyer's Agent

Zeeshan Bhimji

Real Property Management Group Chicago License #471015321

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,826

Lot Details

  • End Unit
  • Southern Exposure

HOA Fees

  • $221 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Oven or Range

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,826

Lot Details

0

HOA Fees

$221 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: Low Rise (1-3 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Property Features: Storage
  • Number Of Rooms: 4
  • Living Room: Dimensions: 17X17, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Refrigerator
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 9X7, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: End Unit
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 40
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Water, Gas, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 221
  • Management Contact Name: Coach
  • Management Phone: 847-967-9320

Fee Information

  • Management Company: Coachlight Realty & Property

Schools

  • School District: 207
  • Junior High Dist: 64

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 09272100861010

Multi Family

  • Total Number Unitsin Building: 18
  • Number Stories: 2

Tax Info

  • Taxes: 1344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Sep 3, 2020
Sold by
Morlock Steven A
Bought by
Summer Wind Series Llc Series Busse B1
Seller's Agent
Mary Gilardi
Keyrenter Chicago Metro Property Management
Buyer's Agent
Zeeshan Bhimji
Real Property Management Group Chicago
List Price
$97,900
Sold Price
$89,000
Premium/Discount to List
-$8,900
-9.09%
Current Estimated Value
$149,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,661
Avg. Annual Appreciation
9.32%
Original Mortgage
$105,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2004
Sold by
Lyon Larry R and Lyon Jamie P
Bought by
Morlock Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2003
Sold by
Zimmermann James R
Bought by
Lyon Larry R and Lyon Jamie P

Purchase Details

Closed on
Feb 15, 2001
Sold by
Bdp Associates Llc
Bought by
Zimmermann James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
7.18%

Purchase Details

Closed on
May 20, 1998
Sold by
The Chicago Trust Company
Bought by
Bdp Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.25%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Summer Wind Series Llc Series Busse B1 $89,000 Old Republic National Title
Morlock Steven A $140,000 Cti
Lyon Larry R $134,000 --
Zimmermann James R $93,000 --
Bdp Associates Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Summer Wind Series Llc Series Busse B1 $105,000
Previous Owner Morlock Steven A $112,000
Previous Owner Zimmermann James R $83,700
Previous Owner Bdp Associates Llc $595,000
Previous Owner Bdp Associates Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $89,000 -9.1% --
08/05/2020 08/05/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $97,900 0.0% --
11/01/2018 11/01/18 Rented $850 -5.6% --
10/25/2018 10/25/18 Under Contract -- -- --
10/08/2018 10/08/18 Price Changed $900 -5.3% --
09/25/2018 09/25/18 For Rent $950 -- --
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 $2,826 $10,412 $1,319 $9,093
2023 $2,708 $10,412 $1,319 $9,093
2022 $2,708 $10,412 $1,319 $9,093
2021 $2,240 $7,365 $862 $6,503
2020 $2,151 $7,365 $862 $6,503
2019 $2,143 $8,224 $862 $7,362
2018 $1,345 $4,699 $761 $3,938
2017 $1,339 $4,699 $761 $3,938
2016 $1,289 $4,699 $761 $3,938
2015 $1,474 $4,778 $659 $4,119
2014 $1,445 $4,778 $659 $4,119
2013 $1,368 $4,778 $659 $4,119
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10763812

Midwest Real Estate Data (MRED)

APN: 09-27-210-086-1010