Seller's Agent in 2024
Craig Fallico
Dream Town Real Estate
(847) 226-0834
247 in this area
858 Total Sales
Park Lane Condominiums 22 Park Ln Unit 503 Park Ridge, IL 60068
Estimated Value: $382,000 - $413,322
2
Beds
2
Baths
1,750
Sq Ft
$744/mo
HOA Fee
Highlights
- In Ground Pool
- Rooftop Deck
- Corner Lot
- George B Carpenter Elementary School Rated A
- Open Floorplan
- Party Room
About This Home
As of March 2024Coveted PENTHOUSE 2 BR, 2 BTH with superior views from the top floor balcony. Safety, cleanliness, friendliness, beauty and amenities. This is a Trust/"As-Is" sale. 2 spots/tandem garage parking. Note: gated community.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,828
Year Built
- Built in 1976
Lot Details
- 2.49
HOA Fees
- $744 Monthly HOA Fees
Parking
- 2 Car Garage
- Heated Garage
- Garage Transmitter
- Tandem Garage
- Garage Door Opener
- Side Driveway
- Parking Included in Price
Interior Spaces
- 1,750 Sq Ft Home
- Open Floorplan
- Window Treatments
- Entrance Foyer
- Partially Carpeted
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Washer
Home Security
- Intercom
- Door Monitored By TV
Outdoor Features
- In Ground Pool
- Rooftop Deck
- Patio
- Outdoor Grill
Schools
- George B Carpenter Elementary Sc
- Emerson Middle School
- Maine South High School
Utilities
- Central Air
- Heating Available
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
- Other Tax Exemptions
Community Details
Overview
- Association fees include water, gas, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 153 Units
- Linda Gohman Association, Phone Number (847) 692-2668
- Property managed by Rosen Management Company
- 5-Story Property
Amenities
- Sundeck
- Picnic Area
- Common Area
- Party Room
- Elevator
- Community Storage Space
Recreation
- Park
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 28, 2023
Closed on
Mar 6, 2024
Sold by
Nick J Korompilas 2014 Living Trust
Bought by
Mulcrone Barbara
Seller's Agent
Craig Fallico
Dream Town Real Estate
Buyer's Agent
Jay Crowley
@properties Christie's International Real Estate
List Price
$375,000
Sold Price
$361,000
Premium/Discount to List
-$14,000
-3.73%
Total Days on Market
41
Views
336
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,331
Avg. Annual Appreciation
8.61%
Purchase Details
Closed on
Jun 1, 2014
Sold by
Korompilas Nick J
Bought by
Korompilas Nick J and Nick J Korompilas 2014 Living Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mulcrone Barbara | $361,000 | None Listed On Document | |
| Korompilas Nick J | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2024 03/08/24 | Sold | $361,000 | -3.7% | $206 / Sq Ft |
| 02/08/2024 02/08/24 | Pending | -- | -- | -- |
| 12/28/2023 12/28/23 | For Sale | $375,000 | -- | $214 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $1,972 | $30,645 | $685 | $29,960 |
| 2023 | $1,972 | $30,645 | $685 | $29,960 |
| 2022 | $1,972 | $30,645 | $685 | $29,960 |
| 2021 | $5,828 | $25,824 | $612 | $25,212 |
| 2020 | $5,730 | $25,824 | $612 | $25,212 |
| 2019 | $5,743 | $28,895 | $612 | $28,283 |
| 2018 | $4,444 | $22,401 | $540 | $21,861 |
| 2017 | $4,460 | $22,401 | $540 | $21,861 |
| 2016 | $4,972 | $22,401 | $540 | $21,861 |
| 2015 | $3,487 | $15,803 | $468 | $15,335 |
| 2014 | $3,447 | $15,803 | $468 | $15,335 |
| 2013 | $3,235 | $15,803 | $468 | $15,335 |
Source: Public Records
Agents Affiliated with this Home
-
Craig Fallico
-
Jay Crowley
Buyer's Agent in 2024
Jay Crowley
@ Properties
(847) 309-2433
37 in this area
83 Total Sales
About Park Lane Condominiums
Map
Similar Homes in the area
Source: Midwest Real Estate Data (MRED)
MLS Number: 11952442
APN: 09-27-306-145-1125
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