NOT LISTED FOR SALE

7250 S Park Ave Burr Ridge, IL 60527

Estimated Value: $889,000 - $1,003,176

5 Beds
4 Baths
3,084 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $568,000 $184 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,053/month

250 Days on Market

Highlights

  • Home Theater
  • Recreation Room
  • Traditional Architecture
  • Gower West Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of December 2019

Prepare to be impressed w/ this stunning entertainers dream home in a quaint neighborhood w/ tons of new construction, highly sought after schools & low taxes! This captivating home has curb appeal, inviting front porch, bright, sunny eat-in kitchen, beautiful formal DR, separate LR/OFFICE, FR with fireplace & granite surround, french doors leading to paver patio perfect for entertaining. Huge master suite's a perfect retreat-high ceilings, fireplace & seating area. MB features dual vanities, Jacuzzi tub, separate custom shower, vaulted ceilings & 2 walk-in closets. 3 huge bedrooms & spacious hall bath w/ separate tub & shower, complete the 2nd floor. BSMT features 2nd laundry hookup, 5th bed, full bath, rec room, separate media room w/ theatre style seating, wet bar, wine fridge & micro plus hookups for equipment. BRAND NEW FURNACES & A/C - August 2019. Blocks from Harvester Park, tennis courts, baseball fields, walking paths, near shopping centers, restaurants and major expressways.

Last Agent to Sell the Property

Rose Marth

Coldwell Banker Realty License #475155923 Listed on: 03/01/2019

Coldwell Banker Realty

Last Buyer's Agent

Waqar Riaz

Guidance Realty License #475173824

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,508

Year Built

  • 2005

Lot Details

  • East or West Exposure
  • Corner Lot

Parking

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

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Heatilator
  • Gas Log Fireplace
  • Dining Area
  • Home Theater
  • Recreation Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,508

Year Built

2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Interstate Access
  • Age: 11-15 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, 1st Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 12
  • Living Room: Dimensions: 20X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Wine Cooler/Refrigerator
  • Equipment: Humidifier, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Logs, Gas Starter, Heatilator Type System
  • Attic: Pull Down Stair
  • Fireplace Location: Family Room, Master Bedroom
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 08X06, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 16X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Eating Area, Recreation Room, Media Room, Storage
  • Master Bedroom: Dimensions: 26X16, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X13, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Eating Area, Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 19X16, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Recreation Rm, Dimensions: 19X12, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 17X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Media Rm, Dimensions: 22X16, On Level: Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 14X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Storage, Dimensions: 18X15, On Level: 2nd Level, Flooring: Other
  • Estimated Sq Ft: 3084
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X17, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch, Brick Paver Patio
  • Exposure: E (East)
  • Acreage: 0.358

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 86
  • Elementary School: Gower West Elementary School
  • Middle School: Gower Middle School
  • High School: Hinsdale South High School
  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: 118X132
  • Lot Description: Corner
  • Parcel Identification Number: 0925202010

Tax Info

  • Taxes: 8725.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Dec 12, 2019
Sold by
Maly Robert J and Robert J Maly Jr Trust
Bought by
Malik Osman and Humayun Kiran
Seller's Agent
Rose Marth
Coldwell Banker Realty
Buyer's Agent
Waqar Riaz
Guidance Realty
List Price
$675,000
Sold Price
$568,000
Premium/Discount to List
-$107,000
-15.85%
Current Estimated Value
$945,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,044
Avg. Annual Appreciation
9.17%
Original Mortgage
$454,400
Outstanding Balance
$400,619
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$544,425

Purchase Details

Closed on
Jan 16, 2019
Sold by
Light Timothy P and Light Margaret S
Bought by
Maly Robert J and Robert J Maly Jr Trust

Purchase Details

Closed on
Jun 26, 2003
Sold by
Carroll Louise
Bought by
Light Timothy P and Light Margaret S
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
Malik Osman $568,000 First American Title
Maly Robert J -- None Available
Light Timothy P $160,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malik Osman $454,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $568,000 -5.3% $184 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
07/15/2019 07/15/19 Price Changed $599,900 -7.7% $195 / Sq Ft
04/23/2019 04/23/19 Price Changed $649,900 -3.7% $211 / Sq Ft
03/01/2019 03/01/19 For Sale $675,000 -- $219 / 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 $12,508 $254,622 $55,935 $198,687
2023 $12,003 $234,070 $51,420 $182,650
2022 $9,882 $195,370 $48,930 $146,440
2021 $9,497 $193,140 $48,370 $144,770
2020 $9,371 $189,310 $47,410 $141,900
2019 $9,955 $199,910 $45,490 $154,420
2018 $8,790 $183,620 $45,340 $138,280
2017 $8,726 $176,690 $43,630 $133,060
2016 $8,324 $164,840 $37,850 $126,990
2015 $8,273 $155,080 $35,610 $119,470
2014 $7,575 $140,220 $34,620 $105,600
2013 $7,389 $139,570 $34,460 $105,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10280967

Midwest Real Estate Data (MRED)

APN: 09-25-202-010