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1501 West Talcott Road

1501 West Talcott Road, Park Ridge, IL 60068
House in Park Ridge
Sold Jan 15, 2021
$410,000
Sold Feb 03, 2020
$305,000
$228,750 by Park Ridge Community Bank
Mortgage Due Jan 27, 2025
1501 West Talcott Road in Park Ridge, IL was first built in 1966 and is 58 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1501 West Talcott Road has 1,361 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,007 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1501 West Talcott Road was last sold in Nov 11, 2020 for $410,000. According to our calculations, that's $301.25 per sqft. Prior to that sales transaction, the property was sold for $305,000 in Jan 27, 2020. Current property owners are expected to pay $9,321 in taxes per year. The property on 1501 West Talcott Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $42,000. To break that down further, the land itself was valued at $13,612. While improvements to the property were assessed at a total of $28,388. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,007
  • Total Building Area: 1,361
  • Gross Building Area: 1,361
  • Building Area: 1,361
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,361
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PETERSONS ROYAL OAKS
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (PETERSONS)(ROYAL)(OAKS) RESUB PT LT 2 IN EHRHARDS SU B OF LAND IN SEC 34-41-12

Ownership

  • Current Owner : KARAS EVDOKIA
  • Previous Owner : BAIG MIRZA A
  • Previous Owner 2: BAIG RANA J
  • Owner Before Previous Owner: HEGARTY MARY FRANCES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Park Ridge Consolidated Community School District 64
  • Census Tract: 805701

Geography

  • District: 22
  • Parcel: 09-34-408-011-0000
  • Lot: 2
  • Meridian: SEC 34 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0017
  • Longitude: -87.846

    Address

  • Full Address: 1501 W Talcott Rd
  • Address - House Number: 1501
  • Street Direction: W
  • Address - Street Name: Talcott
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Park Ridge
  • Carrier Code: C033
  • 4-Digit Zip Code: 4462
  • Zip Code: 60068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,321
  • Tax Rate Code Area: 22031

    Appraisal Valuation

  • Standard Deviation: 0.2284
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 506,200
  • High Value: 621,835
  • Low Value: 390,565

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $136,120
  • Market Improvement Value: $283,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,000
  • Assessed Land Value: $13,612
  • Assessed Improvements Value: $28,388

    Sales

  • Current Sale Contract Date: Nov 11, 2020
  • Current Sale Recording Date: Jan 15, 2021
  • Current Sale Transaction ID: 11813599446
  • Current Sale Price: $410,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2101541185
  • Previous Sale Recording Date: Feb 03, 2020
  • Previous Sale Contract Date: Jan 27, 2020
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: PARK RIDGE COMMUNITY BANK
  • Previous Mortgage Transaction Date: Feb 03, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $228,750
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Jan 27, 2025

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Frequently Asked Questions

What neighborhood is 1501 West Talcott Road located in?
The 1501 West Talcott Road is a house located in the neighborhood of Park Ridge in Park Ridge, Park Ridge.
What is the average sales price for listings in 1501 West Talcott Road?
The average sales price for units in 1501 West Talcott Road is $0 currently.

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