NOT LISTED FOR SALE

840 East Ave Park Ridge, IL 60068

Estimated Value: $581,000 - $657,966

3 Beds
1.5 Baths
1,728 Sq Ft
$358/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $490,000 $284 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,359/month

42 Days on Market

Highlights

  • Open Floorplan
  • Property is near a park
  • Ranch Style House
  • Eugene Field Elementary School Rated A-
  • Recreation Room
  • Wood Flooring

About This Home

As of December 2022

Located on a quiet street in the Michael John Terrace Subdivision. This ranch with reverse floorplan provides views of the backyard from the living, dining and family rooms. The open floor plan flows well which provides great space for entertaining. There are hardwood floors throughout most of the home. The kitchen is spacious with plenty of space for a table OR add an island for extra storage and counter space! A first floor family room off the kitchen provides access to the patio, fenced backyard and garage. A generous sized master bedroom shares a large half bath. The beautifully remodeled hall bath services the 3 bedrooms. Enjoy the space of the amazing remodeled lower level rec-room with built in sound system, perfect for movie watching! It also includes a laundry room and a storage/work out area. You will welcome the 2 car attached garage, especially in the winter. Just a couple blocks to Field Grammar School, soccer field, playground, tennis and pickle ball courts. Shopping is close by too! Numerous updates in the past 8 years: Mechanicals including-Trane high efficiency furnace, Trane 3 Ton A/C, sump pump plus back-up, most appliances, full bath remodeled, basement remodeled, concrete drive/garage door and fence.

Last Agent to Sell the Property

Lisa Shewfelt

@properties Christie?s International Real Estate License #475139469 Listed on: 10/21/2022

@properties Christie?s International Real Estate

Last Buyer's Agent

Michael Lohens

RE/MAX Properties Northwest License #475139093

RE/MAX Properties Northwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,450

Year Built

  • Built in 1961

Lot Details

  • 7,701 Sq Ft Lot
  • Lot Dimensions are 70 x 109
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,728 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Recreation Room
  • Workshop
  • Storage Room
  • Utility Room with Study Area
  • Wood Flooring
  • Storm Screens

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage

Schools

  • Eugene Field Elementary School
  • Emerson Middle School
  • Maine South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Additional Features

  • Patio
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Michael John Terrace Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,450

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Michael John Terrace
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Open Floorplan
  • LivingArea: 1728
  • Other Equipment: Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Recreation Room, Workshop, Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • List Price: 529000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Eugene Field Elementary School
  • High School: Maine South High School
  • Middle/Junior School: Emerson Middle School
  • Middle/Junior School District: 64

Lot Info

  • Lot Size Acres: 0.1768
  • Lot Dimensions: 70 X 109
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 12450.09
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Francis D Wolfe Jr Trust
Bought by
Theresa Okeefe Fund C/U Francis D Wolfe Jr Tr and Okeefe
Current Estimated Value
$617,992

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 19, 2022
Sold by
Tsipas Stavros and Tsipas Olivia C
Bought by
Francis D Wolfe Jr Trust
Seller's Agent
Lisa Shewfelt
@properties Christie?s International Real Estate
Buyer's Agent
Michael Lohens
RE/MAX Properties Northwest
List Price
$529,000
Sold Price
$490,000
Premium/Discount to List
-$39,000
-7.37%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%

Purchase Details

Closed on
Apr 15, 2014
Sold by
Liancone Liancone Thomas J Thomas J
Bought by
Forys Olivia and Tsipas Stavros

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Theresa Okeefe Fund C/U Francis D Wolfe Jr Tr -- None Listed On Document
Francis D Wolfe Jr Trust $490,000 Proper Title
Forys Olivia $440,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forys Olivia C $300,000
Previous Owner Forys Olivia $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $490,000 -7.4% $284 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $529,000 0.0% $306 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $529,000 -- $306 / 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 $12,213 $45,000 $10,010 $34,990
2023 $10,813 $45,000 $10,010 $34,990
2022 $10,813 $45,000 $10,010 $34,990
2021 $12,895 $45,729 $7,122 $38,607
2020 $12,450 $45,729 $7,122 $38,607
2019 $12,349 $50,810 $7,122 $43,688
2018 $10,776 $41,090 $6,160 $34,930
2017 $10,747 $41,090 $6,160 $34,930
2016 $10,589 $41,090 $6,160 $34,930
2015 $7,867 $28,130 $5,390 $22,740
2014 $8,505 $28,130 $5,390 $22,740
2013 $6,765 $28,130 $5,390 $22,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11657643

Midwest Real Estate Data (MRED)

APN: 09-25-122-032-0000