1205 N Ridgeland

1205 N RIDGELAND AVENUE
OAK PARK, 60302
Subject Property - West Side of Ridgeland, elevation 635 feet

Asking Price:

tba April 08

 

Bed:

4

Renovated:

2007

 

Bath:

3.1 NEW

Gourmet Kitchen

MBB new windows

 

Rooms:

12

Finished Basement

Park 4 Cars

 

SqFt:

3507 - Tax data

Lot Dim:

50X170=9000

 

Style:

Side Entr Colonial

Licensed Appraisal Sept 2007, estimated value between $800,000 and $841,418
Zillow automated online appraisal March 29, 2008, estimated value $1,021,500 ($847,845 - $1,511,820)
Comparative Market Anaylsis (CMAs) Feb 23, 2008, suggested market range $825,000-$850,000
7 different written Realtor CMAs, estimated value between $799,000-$975,000*
* over $900k was before the downturn of the market when renovations were not yet finished
4 different verbal Realtor CMAs, estimated value $799,000
You are smart, determine your own estimate of value.  Here are some sold properties to help you make an educated decision.

935 N GROVE AVENUE
OAK PARK, 60302
Chosen for: Close Date, Size, Bed, Room#, Style
Not Match: Location 1.1 mile, -Bath, -Lot Size, +Mann School

Sold for :

$969,000

 

Bed:

4

% of Asking:

97%

 

Bath

2.1

Closing Date:

3/21/2008

 

Rooms:

11

Time On Market:

137 Days

 

SqFt:

2960

Lot Dim:

50X157=7850

 

Style:

Colonial

242 S KENILWORTH AVENUE
OAK PARK, 60302
Shown here because of Close Date and comparable value
Inappropriate: Style, Location 2.3 mile, -room#, - bath, -sq ft, -lot size

Sold for :

$715,000

 

Bed:

4

% of Asking:

99%

 

Bath

2.1

Closing Date:

3/21/2008

 

Rooms:

9

Time On Market:

156 Days

 

SqFt:

2032

Lot Dim:

50X141=7050

 

Style:

Victorian

801 N LOMBARD AVENUE
OAK PARK, 60302 elev. 620 ft.
Chosen for: Close Date, Bed, Bath, Room#, Location .7
Not Match: -Lot Size, Grade Schl, Style/Construction, -East Side

Sold for :

$775,000

 

Bed:

4

% of Asking:

97%

 

Bath

3.1

Closing Date:

3/17/2008

 

Rooms:

12

Time On Market:

60 Days

 

SqFt:

1538 - Tax data

Lot Dim:

39X125=4875

 

Style:

 orig 1908

1036 N KENILWORTH BOULEVARD
OAK PARK, 60302 elev. 630 ft.
Chosen for: Close Date, Bed, Bath, Style, Location 1 mile
Not Match: -Lot Size, Room#, +Mann School

Sold for :

$915,000

 

Bed:

4

% of Asking:

99%

 

Bath

3.1

Closing Date:

3/12/2008

 

Rooms:

9

Time On Market:

55 Days

 

SqFt:

3300 - Tax data

Lot Dim:

50X158=7900

 

Style:

Colonial

324 N TAYLOR AVENUE
OAK PARK, 60302 elev. 621 ft.
Shown here because of Close Date and comparable value
Inappropriate: -Location 1.35, room#, -sq ft, -lot size 

Sold for :

$625,000

 

Bed:

4

% of Asking:

89%

 

Bath

3

Closing Date:

1/18/2008

 

Rooms:

6

Time On Market:

186 Days

 

SqFt:

1170 - Tax data

Lot Dim:

33X171=5643

 

Style:

4-square

1119 N FAIR OAKS AVENUE
OAK PARK, 60302 elev. 634 ft.
Chosen for: Hatch Grade Schl, Style, Location .25, Lot Size
Not Match: Bed, Bath, Room#  

Sold for :

$780,000

 

Bed:

5

% of Asking:

91%

 

Bath

2.2

Closing Date:

1/9/2008

 

Rooms:

9

Time On Market:

134 Days

 

SqFt:

2821 - Tax data

Lot Dim:

50X157=7850

 

Style:

Colonial

1011 N KENILWORTH AVENUE
OAK PARK, 60302
Chosen for: Date, Bed, Bath, Room#
 Not Match: Style, Location 1.2 mile, + Mann, -Sq Ft elev. 630 ft.

Sold for :

$845,000

 

Bed:

5

% of Asking:

99%

 

Bath

3

Closing Date:

12/14/2007

 

Rooms:

11

Time On Market:

95 Days

 

SqFt:

1873 - Tax data

Lot Dim:

50X148=7400

 

Style:

Bungalow

952 AUGUSTA BOULEVARD
OAK PARK, 60302
Chosen for: Bed, Bath, Sold Date elev. 629 ft.
Not Match: -Lot Size, -Sq Ft, -Room#, -Frame, Grade Schl, Loc. 1.4

Sold for :

$829,000

 

Bed:

4

% of Asking:

98%

 

Bath

3.1

Closing Date:

11/16/2007

 

Rooms:

9

Time On Market:

60 Days

 

SqFt:

1623 - Tax data

Lot Dim:

173X30X93X27X39X84

 

Style:

brick/siding

1006 N WOODBINE AVENUE
OAK PARK, 60302
Chosen for: Style, Bed, Bath, Sold Date, Location 1 mile
 Not Match: -Condition, -Lot Size elev. 630 ft.

Sold for :

$750,000

 

Bed:

4

% of Asking:

79%

 

Bath

4

Closing Date:

10/25/2007

 

Rooms:

11

Time On Market:

321 Days

 

SqFt:

3,546 - Tax data

Lot Dim:

52X148=7696

 

Style:

Colonial

1041 N EUCLID AVENUE
OAK PARK, 60302
Chosen for: Location .5, Sold Date, Bed, Bath, Rehabbed, Sq Ft
 Not Match: +Mann Grade Schl elev. 629 ft.

Sold for :

$1,025,000

 

Bed:

5

% of Asking:

89%

 

Bath

3.1

Closing Date:

10/15/2007

 

Rooms:

10

Time On Market:

167 Days

 

SqFt:

2900 - brochure

Lot Dim:

50X125=6250

 

Style:

brick & stucco

1215 FOREST AVENUE
OAK PARK, 60302 elev. 628 ft.
Chosen for: Bed, Bath, Sold Date, Lot Size, Sq Ft
 Not Match: -Room#, +Mann, Location .8 mile 

Sold for :

$907,500

 

Bed:

4

% of Asking:

98%

 

Bath

3.1

Closing Date:

10/3/2007

 

Rooms:

9

Time On Market:

86 Days

 

SqFt:

2618 - Tax data

Lot Dim:

50X167=8350

 

Style:

stone

1130 N EAST AVENUE
OAK PARK, 60302 elev. 633 ft.
Chosen for: Style, Bed, Location .4, Hatch Grade Schl, Sq Ft, Sold Date
Not Match: -Bath, -Room#

Sold for :

$782,000

 

Bed:

4

% of Asking:

99%

 

Bath

2.1

Closing Date:

9/14/2007

 

Rooms:

10

Time On Market:

138 Days

 

SqFt:

3,000 - MLS

Lot Dim:

50X156=7800

 

Style:

Colonial

1025 N HAYES
OAK PARK, 60302
Chosen for: Bed, Bath, Room#, Sold Date, Grade Schl, Location .4
Not Match: -Lot Size, -Sq Ft, -Frame elev. 621 ft.

Sold for :

$700,500

 

Bed:

5

% of Asking:

100%

 

Bath

4

Closing Date:

9/11/2007

 

Rooms:

11

Time On Market:

78 Days

 

SqFt:

2400 - brochure

Lot Dim:

33X125

 

Style:

Brick & Frame

1135 N FAIR OAKS
OAK PARK, 60302 elev. 634 ft.
Chosen for: Bed, Bath, Room#, Location .25, Hatch Schl, Sq Ft
 Not Match: Style 

Sold for :

$810,000

 

Bed:

4

% of Asking:

92%

 

Bath

3

Closing Date:

8/31/2007

 

Rooms:

12

Time On Market:

137 Days

 

SqFt:

2953 - Tax data

Lot Dim:

50X156=7800

 

Style:

Bungalow

1111 N EAST AVENUE
OAK PARK, 60302 elev. 630 ft.
Chosen for: Style, Bed, Location .4, school???
Not Match: -Sq Ft, -Bath, -Room#, -Lot, school??? 

Sold for :

$705,000

 

Bed:

4

% of Asking:

97%

 

Bath

2.1

Closing Date:

8/30/2007

 

Rooms:

9

Time On Market:

59 Days

 

SqFt:

2572 - Tax data

Lot Dim:

50X125=6250

 

Style:

Colonial

615 FAIR OAKS AVENUE
OAK PARK, 60302
Chosen for: Lot Size, Location 1 mile, Bed
Not Match: Style, -Sq Ft, -Room#, -Bath elev. 630 ft.

Sold for :

$965,000

 

Bed:

5

% of Asking:

97%

 

Bath

2.1

Closing Date:

8/22/2007

 

Rooms:

10

Time On Market:

71 Days

 

SqFt:

2344 - Tax data

Lot Dim:

50X172=8600

 

Style:

Victorian

919 N ELMWOOD AVENUE
OAK PARK, 60302
Chosen for: Style, Bed, Bath, Room#, Location .4, Hatch, Lot Size
Not Match: ? elev. 634 ft.

Sold for :

$885,000

 

Bed:

4

% of Asking:

94%

 

Bath

3.2

Closing Date:

8/22/2007

 

Rooms:

12

Time On Market:

124 Days

 

SqFt:

2364 - Tax data

Lot Dim:

50X170=9000

 

Style:

Side Colonial

1143 N WOODBINE AVENUE
OAK PARK, 60302
Chosen for: Bed, Bath, Lot Size
Not Match: +Location .85 mile elev. 630 ft.

Sold for :

$1,250,000

 

Bed:

4

% of Asking:

97%

 

Bath

3.2

Closing Date:

8/14/2007

 

Rooms:

13

Time On Market:

134 Days

 

SqFt:

3212 - Tax data

Lot Dim:

50X179=8950

 

Style:

Brick

216 S HUMPHREY AVENUE
OAK PARK, 60302
Inappropriate: -Location 2.0 mile, style, -sq ft elev. 625 ft.

Sold for :

$632,500

 

Bed:

4

% of Asking:

87%

 

Bath

3.1

Closing Date:

11/12/2007

 

Rooms:

10

Time On Market:

206 Days

 

SqFt:

2265 - Tax data

Lot Dim:

50X170=8500

 

Style:

F

338 N KENILWORTH AVENUE
OAK PARK, 60302
Inappropriate: Location 1.77 elev. 631 ft.

Sold for :

$1,520,000

 

Bed:

5

% of Asking:

92%

 

Bath

3.1

Closing Date:

10/26/2007

 

Rooms:

11

Time On Market:

207 Days

 

SqFt:

3877 - Tax data

Lot Dim:

58X190=11,020

 

Style:

Brick & Frame

244 S EAST AVENUE
OAK PARK, 60302
Inappropriate: Location ~2 miles elev. 619 ft.

Sold for :

$750,000

 

Bed:

4

% of Asking:

97%

 

Bath

2

Closing Date:

8/15/2007

 

Rooms:

10

Time On Market:

93 Days

 

SqFt:

2224 - Tax data

Lot Dim:

40X177=7080

 

Style:

Colonial

Addresssold pricedate
 size adjlocation adj
= adj est value for subj prop
935 N Grove Ave
 $969,000
 3/21/08
 0
 -100,000
 =869,000
801 N Lombard$775,0003/17/08
 0+100,000= $875,000
1036 N Kenilworth$915,0003/12/08
 0-100,000= $815,000
324 N Taylor$625,000 delete
1/18/08
 +300,000+$100,000= $1,025,000 delete
1119 Fair Oaks$780,0001/9/08
 00= $780,000 Hatch West Side
1011 N Kenilworth $845,000
 12/14/08
 +100,000
 -100,000
 =$845,000
1130 N East
 $782,000
 9/14/07
 0
 0
 =$782,000 Hatch West Side
1135 N Fair Oaks
 $810,000
 8/31/07
 0
 0
 =$810,000 Hatch West Side
919 N Elmwood
 $885,000
 8/22/07
 0
 0
 =$885,000 Hatch West Side
Average
 $820,666 $845,125
$814,250


=$857,000 $832,625
$814,250
True comps are West of Ridgeland Avenue in the Hatch School District.  Yes, being on Ridgeland Ave is less desirable than a more residential street.  Come sit in the house and see and hear that it is not a disadvantage.  It is an advantage to you because you will be getting a better value for your money.  Compare the CONDITION, layout, bathrooms, upgrades, lot size, and size of this home with other homes and see that you will get more for your money by buying 1205 N Ridgeland Ave, Oak Park, IL 60302.