$1,400,000
SOLD AUG 12, 2024

701 S Prospect Ave Park Ridge, IL 60068

4 Beds
3.5 Baths
3,512 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$399 Per Sq Ft

10% Above List Price

21 Days on Market

Highlights

  • Heated Floors
  • Property is near a park
  • Granite Countertops
  • Theodore Roosevelt Elementary School Rated A-
  • Recreation Room
  • Mud Room

About This Home

As of August 2024

Proudly perched on Prospect, one of Park Ridge's premier avenues, this beautiful brick 5 bedroom 3 1/2 bath home beckons to you. The soaring two-story foyer welcomes you. Elegance reigns in the serene living room which leads to the whimsical formal dining room. Amish custom cabinets crown the charming kitchen which features double ovens, granite countertops, an impressive island, large breakfast nook and wonderful walk-in pantry. The adjacent fabulous family room's stone-flanked gas fireplace and overhead speaker system are ideal for entertaining. The nearby mudroom is outfitted with heated floors, built-ins and a sink. A lovely powder room and outstanding office (with custom mahogany built-ins) complete the main floor. Upstairs, you'll find 4 beautiful bedrooms which are cozily carpeted and bathed in light. All of the bedrooms boast generous closets and solid, six-panel doors. The primary suite is graced with a double-door entryway, tray ceiling, 2 walk-in closets and ample space for furniture. Its ensuite bathroom happily has a deep jetted tub, separate shower and dual sink vanity. The colorful hallway bathroom has a pleasing tub/shower combo and dual sink vanity. The sporty wet bar is the star of the basement. Bordered by a relaxing rec room (with built-ins and surround sound), peaceful 5th bedroom, fashionable full bathroom (with heated floors) and a large laundry room (also with heated floors), this level was thoughtfully designed with hospitality in mind. Delight in the abundant storage throughout this fantastic home. Mature landscaping and a paver patio (which shares the family room's speaker system) frame this pleasing property. A cedar-sided 3-car garage and additional pad offer plenty of parking options. This exceptional house provides contemporary comfort on all levels and is mere minutes from the best school, entertainment and recreational options Park Ridge has to offer. Welcome home!MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST OFFERS DUE MONDAY APRIL 22ND BY 5:00 P.M. NO ESCALATION CLAUSES OR LOVE LETTERS WILL BE ACCEPTED.

Last Agent to Sell the Property

Erin Doubleday

@properties Christie's International Real Estate License #475185034

@properties Christie's International Real Estate

Last Buyer's Agent

Christopher Paradis

Keller Williams Success Realty License #475174626

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,500

Year Built

  • Built in 2001

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50 x 173
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,512 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Gas Log Fireplace
  • Blinds
  • Mud Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Workshop
  • Unfinished Attic
  • Storm Screens

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Schools

  • Theodore Roosevelt Elementary Sc
  • Lincoln Middle School
  • Maine South High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Lake Michigan Water

Additional Features

  • Brick Porch or Patio
  • Property is near a park

Community Details

  • Tennis Courts
  • Community Pool

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,500

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Special Service Area Fee: 2072
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1903
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, Hardwood Floors, Heated Floors, Built-in Features, Some Carpeting, Drapes/Blinds, Granite Counters, Separate Dining Room, Pantry
  • LivingArea: 3512
  • Room Type: Bedroom 5, Office, Recreation Room, Workshop, Mud Room
  • Estimated Total Finished Sq Ft: 5415
  • Basement Description: Finished,Rec/Family Area,Storage Space
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 3512
  • Basement Sq Ft: 1903
  • Fireplace Location: Living Room
  • Square Footage Comments: Main floor: 1,927 sq. ft. Second floor: 1,585 sq. ft. Lower level: 1,903 sq. ft. Total: 5,415 sq. ft.
  • Total Sq Ft: 5415
  • Upper Level Sq Ft: 1585
  • Attic: Unfinished
  • Main Level Sq Ft: 1927
  • Door Features: French Doors,6 Panel Door(s)
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Brick Paver Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 1275000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Electric, Forced Air, Baseboard, Sep Heating Systems - 2+
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Theodore Roosevelt Elementary Sc
  • High School: Maine South High School
  • Middle/Junior School: Lincoln Middle School
  • Middle/Junior School District: 64

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.19
  • Lot Dimensions: 50 X 173
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 23499.51
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $1,400,000 +9.8% $399 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $1,275,000 -- $363 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $23,500 $79,861 $14,705 $65,156
2023 $23,500 $79,861 $14,705 $65,156
2022 $23,500 $85,816 $14,705 $71,111
2021 $22,666 $77,855 $9,082 $68,773
2020 $21,833 $77,855 $9,082 $68,773
2019 $21,405 $85,555 $9,082 $76,473
2018 $19,750 $72,450 $7,785 $64,665
2017 $19,683 $72,450 $7,785 $64,665
2016 $19,193 $72,450 $7,785 $64,665
2015 $21,389 $71,973 $6,487 $65,486
2014 $20,984 $71,973 $6,487 $65,486
2013 $19,859 $71,973 $6,487 $65,486
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $315,500 New Conventional
Previous Owner $375,000 New Conventional
Previous Owner $572,000 Purchase Money Mortgage
Previous Owner $300,000 Credit Line Revolving
Previous Owner $900,000 Unknown
Previous Owner $333,700 Unknown
Previous Owner $349,000 Unknown
Previous Owner $373,000 Unknown
Previous Owner $347,000 Credit Line Revolving
Previous Owner $398,500 Unknown
Previous Owner $600,000 Purchase Money Mortgage
Previous Owner $286,600 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,400,000 Proper Title
Warranty Deed $1,090,000 Republic Title Co
Warranty Deed $794,000 Chicago Title Insurance Co
Deed $358,500 --
Interfamily Deed Transfer -- --
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11994447

Midwest Real Estate Data (MRED)

APN: 09-35-401-024-0000