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824 South Aldine Avenue

824 South Aldine Avenue, Park Ridge, IL 60068
Land in Park Ridge
Sold Jun 07, 2023
$1,453,000
$1,162,400 by Fifth Third Bank National Asso
Mortgage Due Jul 01, 2053
Sold Nov 15, 2021
$1,289,000
$1,000,000 by City National Bank
Mortgage Due Nov 01, 2051
824 South Aldine Avenue in Park Ridge, IL was first built in 2022 and is 2 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 824 South Aldine Avenue has 2,842 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 6,649 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 824 South Aldine Avenue sold most recently in May 31, 2023 for a total of $1,453,000. If you work out the math, that's approximately a cost of $511.26 per sqft. Before that, the property was also sold for $1,289,000 in Oct 28, 2021. 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 $28,296 in taxes each year. 824 South Aldine Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $108,803. If we break it down further, the land itself was valued at $11,303. Improvements to the property, however, were assessed at a total of $97,500. 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. 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. 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.

Building Features

Condition

New Construction

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,649
  • Total Building Area: 2,842
  • Gross Building Area: 2,842
  • Building Area: 2,842
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,842
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PATLEN RESUBDIVISION
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : THOMAS VINCENT WARD III REVOCABLE TRUST
  • Current Owner 2: GIANNA BOSCO REVOCABLE TRUST
  • Previous Owner : PANFIL JOSEPH E
  • Owner Before Previous Owner: CAROLAN BUILDERS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • District: 22
  • Parcel: 09-34-407-010-0000
  • Municipality: MAINE
  • Latitude: 42.0002
  • Longitude: -87.8472

    Address

  • Full Address: 824 S Aldine Ave
  • Address - House Number: 824
  • Street Direction: S
  • Address - Street Name: Aldine
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Park Ridge
  • Carrier Code: C016
  • 4-Digit Zip Code: 4417
  • Zip Code: 60068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,296
  • Tax Rate Code Area: 22031

    Appraisal Valuation

  • Standard Deviation: 0.2572
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 1,237,049
  • High Value: 1,555,256
  • Low Value: 918,842

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,162,400
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK NATIONAL ASSO
  • First Open Lien Mortgage Recording Date: Jun 07, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,162,400
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $1,088,030
  • Market Land Value: $113,030
  • Market Improvement Value: $975,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,803
  • Assessed Land Value: $11,303
  • Assessed Improvements Value: $97,500

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: Jun 07, 2023
  • Current Sale Transaction ID: 11907553649
  • Current Sale Price: $1,453,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6298
  • Previous Sale Recording Date: Nov 15, 2021
  • Previous Sale Contract Date: Oct 28, 2021
  • Previous Sale Amount: $1,289,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK NATIONAL ASSO
  • First Mortgage Transaction Date: Jun 07, 2023
  • First Mortgage Loan Amount: $1,162,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CITY NATIONAL BANK
  • Previous Mortgage Transaction Date: Nov 15, 2021
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2051

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Frequently Asked Questions

What neighborhood is 824 South Aldine Avenue located in?
The 824 South Aldine Avenue is a land located in the neighborhood of Park Ridge in Park Ridge, Park Ridge.
What is the average sales price for listings in 824 South Aldine Avenue?
The average sales price for units in 824 South Aldine Avenue is $0 currently.

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