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1727 Park Ridge Point

1727 Park Ridge Point, Park Ridge, IL 60068
Property in Park Ridge
Sold Nov 10, 2020
$486,000
$3,888,000 by Draper & Kramer Mortgage Corp
Mortgage Due Oct 01, 2050
Sold Apr 27, 1998
$329,000
1727 Park Ridge Point in Park Ridge, IL was first built in 1997 and is 27 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 condo style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. 1727 Park Ridge Point has 2,100 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 139,796 square feet.

Learn more about the property and building on this page. 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, 1727 Park Ridge Point sold most recently in Aug 31, 2020 for a total of $486,000. If you work out the math, that's approximately a cost of $231.43 per sqft. Before that, the property was also sold for $329,000 in Mar 27, 1998. 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 $10,493 in taxes each year. 1727 Park Ridge Point was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $40,713. If we break it down further, the land itself was valued at $2,770. Improvements to the property, however, were assessed at a total of $37,943. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 139,796
  • Total Building Area: 2,100
  • Gross Building Area: 2,100
  • Building Area: 2,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAS/PARK RDG POINTE CONDO
  • Land Acres: 3.209
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: PARK RIDGE POINTE

Ownership

  • Current Owner : MAUERY TIMOTHY M
  • Current Owner 2: MAUERY SARAH D
  • Previous Owner : EKLIND KAREN JOYCE
  • Previous Owner 2: EKLIND KAREN JOYCE
  • Owner Before Previous Owner: COLE TAYLOR BANK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Geography

  • District: 22
  • Parcel: 09-21-202-073-1041
  • Meridian: SEC 21 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0373
  • Longitude: -87.8653

    Address

  • Full Address: 1727 Park Ridge Pt
  • Address - House Number: 1727
  • Address - Street Name: Park Ridge
  • Address - Suffix Type: Pt
  • State: IL
  • City Name: Park Ridge
  • Carrier Code: C045
  • 4-Digit Zip Code: 1313
  • Zip Code: 60068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,493
  • Tax Rate Code Area: 22032

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 514,261
  • High Value: 609,367
  • Low Value: 419,156

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,888,000
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 10, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $3,888,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $407,130
  • Market Land Value: $27,700
  • Market Improvement Value: $379,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,713
  • Assessed Land Value: $2,770
  • Assessed Improvements Value: $37,943

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Nov 10, 2020
  • Current Sale Transaction ID: 11802489388
  • Current Sale Price: $486,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2031308192
  • Previous Sale Recording Date: Apr 27, 1998
  • Previous Sale Contract Date: Mar 27, 1998
  • Previous Sale Amount: $329,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 10, 2020
  • First Mortgage Loan Amount: $3,888,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Park Ridge



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Frequently Asked Questions

What neighborhood is 1727 Park Ridge Point located in?
The 1727 Park Ridge Point is a located in the neighborhood of Park Ridge in Park Ridge, Park Ridge.
What is the average sales price for listings in 1727 Park Ridge Point?
The average sales price for units in 1727 Park Ridge Point is $0 currently.

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