NOT LISTED FOR SALE

720 Ridge Dr Marengo, IL 60152

Estimated Value: $355,000 - $438,000

4 Beds
2.5 Baths
2,944 Sq Ft
$134/Sq Ft Est. Value

Last Sold March 06, 2015

Last sale price $155,000 $53 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,740/month

143 Days on Market

Highlights

  • Contemporary Architecture
  • Loft
  • 2 Car Attached Garage
  • Riley Community Consolidated School District 18 Rated A-
  • Breakfast Room
  • 5-minute walk to Ridge Park

About This Home

As of March 2015

Spacious home on semi private lot. Features 4 bedrooms plus a huge loft. Granite kitchen. Family Room with fireplace. This is a Homepath property.

Last Agent to Sell the Property

Anita Holt

Century 21 New Heritage - Hampshire Listed on: 08/14/2014

Last Buyer's Agent

Esther Zamudio

Zamudio Realty Group License #471021065

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,053

Year Built

  • Built in 2003

Lot Details

  • 9,148

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,944 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Loft
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Schools

  • Locust Elementary School
  • Marengo Middle School
  • Marengo High School

Utilities

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

Additional Features

  • Patio
  • 9,148 Sq Ft Lot

Community Details

  • Doral Ridge Estates Subdivision, 2 Story Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,053

Year Built

Built in 2003

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: DORAL RIDGE ESTATES
  • Year Built: 2003
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • LivingArea: 2944
  • Room Type: Breakfast Room, Loft
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room

Exterior Features

  • ExteriorFeatures: Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 35
  • Association Fee Frequency: Annually
  • Master Association Fee: No
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: LOCUST ELEMENTARY SCHOOL
  • High School: MARENGO HIGH SCHOOL
  • Middle/Junior School: MARENGO MIDDLE SCHOOL

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 9412
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8053
  • Tax Year: 2012
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2019
Sold by
Flores Jesus
Bought by
Rivera Juan Carlos and Franco Laura America
Current Estimated Value
$394,805

Purchase Details

Listed on
Aug 14, 2014
Closed on
Mar 5, 2015
Sold by
Fannie Mae
Bought by
Flores Jesus
Seller's Agent
Anita Holt
Century 21 New Heritage - Hampshire
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
List Price
$191,000
Sold Price
$155,000
Premium/Discount to List
-$36,000
-18.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$114,000
Outstanding Balance
$88,708
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$306,817

Purchase Details

Closed on
Jul 17, 2014
Sold by
Markov Ramona L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 14, 2003
Sold by
Kennedy Homes Ltd Partnership
Bought by
Markov Martin and Markov Ramona L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,459
Interest Rate
5.37%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rivera Juan Carlos -- Attorney
Flores Jesus $155,000 First American Title Ins Co
Federal National Mortgage Association -- None Available
Markov Martin $240,510 Fatic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Jesus $114,000
Previous Owner Markov Martin $216,459
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2015 03/06/15 Sold $155,000 0.0% $53 / Sq Ft
01/03/2015 01/03/15 Pending -- -- --
11/20/2014 11/20/14 Price Changed $155,000 -7.2% $53 / Sq Ft
10/29/2014 10/29/14 Price Changed $167,000 -7.2% $57 / Sq Ft
09/19/2014 09/19/14 Price Changed $179,900 -5.8% $61 / Sq Ft
08/13/2014 08/13/14 For Sale $191,000 -- $65 / 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 $8,317 $117,062 $11,332 $105,730
2023 $8,175 $104,315 $10,098 $94,217
2022 $7,663 $91,094 $8,818 $82,276
2021 $7,245 $84,401 $8,170 $76,231
2020 $7,064 $79,790 $7,724 $72,066
2019 $7,542 $76,369 $7,393 $68,976
2018 $7,202 $73,577 $5,687 $67,890
2017 $7,110 $71,123 $5,497 $65,626
2016 $7,074 $68,414 $5,288 $63,126
2013 -- $77,343 $14,304 $63,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08701944

Midwest Real Estate Data (MRED)

APN: 16-01-102-014