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1073 Busse Highway

1073 Busse Highway, Park Ridge, IL 60068
Property in Park Ridge
Sold Aug 17, 2023
$320,000
Sold Jul 13, 2011
$190,000
$152,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2041
1073 Busse Highway has been categorized by the local assessors in Park Ridge, IL as a residential type of property. The building on the property was first built in 1974 and is 50 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1073 Busse Highway has 1,242 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,198 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1073 Busse Highway sold most recently in Jul 26, 2023 for a total of $320,000. If you work out the math, that's approximately a cost of $257.65 per sqft. Before that, the property was also sold for $190,000 in Jun 20, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,652 in taxes each year. 1073 Busse Highway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,000. If we break it down further, the land itself was valued at $4,000. Improvements to the property, however, were assessed at a total of $25,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,198
  • Total Building Area: 1,242
  • Gross Building Area: 1,242
  • Building Area: 1,242
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,242
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHLOSSERS GREATER PARK RIDGE
  • Land Acres: 0.096
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: N (SCHLOSSERS) (GREATER) PARK (RIDGE) SUB OF SE SW SEC 22-41-12

Ownership

  • Current Owner : ZAMUDIO JOPHET F
  • Current Owner 2: ZAMUDIO LOURYLL B
  • Previous Owner : RZESZUTKO JAKUB
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Park Ridge Consolidated Community School District 64
  • Census Tract: 805901

Geography

  • District: 22
  • Parcel: 09-22-322-034-0000
  • Block: 3
  • Lot: 12
  • Meridian: SEC 22 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0267
  • Longitude: -87.8595

    Address

  • Full Address: 1073 Busse Hwy
  • Address - House Number: 1073
  • Address - Street Name: Busse
  • Address - Suffix Type: Hwy
  • State: IL
  • City Name: Park Ridge
  • Carrier Code: C052
  • 4-Digit Zip Code: 1815
  • Zip Code: 60068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,652
  • Tax Rate Code Area: 22031

    Appraisal Valuation

  • Standard Deviation: 0.2333
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 390,126
  • High Value: 481,154
  • Low Value: 299,099

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $40,000
  • Market Improvement Value: $250,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $25,000

    Sales

  • Current Sale Contract Date: Jul 26, 2023
  • Current Sale Recording Date: Aug 17, 2023
  • Current Sale Transaction ID: 11911097251
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8071
  • Previous Sale Recording Date: Jul 13, 2011
  • Previous Sale Contract Date: Jun 20, 2011
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 13, 2011
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $152,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2041

About Park Ridge



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Frequently Asked Questions

What neighborhood is 1073 Busse Highway located in?
The 1073 Busse Highway is a located in the neighborhood of Park Ridge in Park Ridge, Park Ridge.
What is the average sales price for listings in 1073 Busse Highway?
The average sales price for units in 1073 Busse Highway is $0 currently.

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