NOT LISTED FOR SALE

1043 E Algonquin Rd Des Plaines, IL 60016

Estimated Value: $429,000 - $457,000

4 Beds
3 Baths
1,874 Sq Ft
$236/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $375,000 $200 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,899/month

63 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • 1.5 Car Detached Garage
  • Forest Elementary School Rated 10
  • Formal Dining Room
  • 1-minute walk to Winnebago Park

About This Home

As of May 2023

This wonderful Des Plaines property Welcomes You inside, offering four bedrooms, three full baths, and a generous living space that spans over 1800 square feet. The expansive living room has a combined dining area, both of which are showcased by light from the almost floor to ceiling set of front windows, and adorned with hardwood floors that flow throughout the main level. The nearby galley kitchen is perfect for daily meals, or all of your entertaining needs. Speaking of entertaining, the formal dining room can be the perfect spot to host parties, if you choose. The large primary bedroom features glass paned doors, bay windows, double closets, and a private full bathroom. Two additional bedrooms on the main level are nestled on either side of another full bathroom that this property offers. The second floor boasts a family/recreational room, the third full bathroom, and the fourth bedroom, providing options for multi-generational living, an office space, a second primary bedroom option, or a 'loft-type' set up if you prefer. The unfinished basement has a separate storage room, laundry room, and work room with mechanicals, as well as a large open area that allows you the possibility to transform the space for your needs and bring your Pinterest board ideas to life! Just outside the back door is the perfect spot for a grill, and a super cute patio with pergola provides a wonderful option for outdoor dining and relaxing. The private side driveway leads to a 1.5 car garage, with New Roof this year, and has a covered side patio facing the yard. The long property lot lends way to a backyard that can be great for gardening, or any outdoor fun, and has a shed for extra storage. Sump pump has battery back-up and is newly installed Nov '22. A/C 2017, Furnace 2000 with new blower motor installed approx two years ago, Water Heater 2016, Roof approx 7 years old, Driveway resurfaced Oct '22, and Garage Roof 2023. Dishwasher sold AS-IS due to non use. Nearby to Groceries, Restaurants, Shopping, Schools, Parks, Highway, and all that Des Plaines has to offer. **04/29/23 Reactivating due to Buyer Financing fell through - deal was well beyond property inspection and appraisal.

Last Agent to Sell the Property

Josephine Ceglarek

Coldwell Banker Realty License #475131687 Listed on: 03/08/2023

Coldwell Banker Realty

Co-Listed By

Lynn Bjorvik

Coldwell Banker Realty License #471010696

Last Buyer's Agent

Karen Schwartz

Baird & Warner License #475157300

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,441

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 50 x 185

Parking

  • 1.5 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Interior Spaces

  • 1,874 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Open Floorplan
  • Formal Dining Room
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,441

Year Built

Built in 1956

Lot Details

0

Parking

1

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: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Dining Combo, Separate Dining Room
  • LivingArea: 1874
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Other Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1874
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 385000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 62

Lot Info

  • Lot Dimensions: 50 X 185
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5440.86
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
May 31, 2023
Sold by
Richard Fricano Trust
Bought by
Holland Isaiah D and Holland Jolanta Madejski
Seller's Agent
Josephine Ceglarek
Coldwell Banker Realty
Buyer's Agent
Karen Schwartz
Baird & Warner
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Views
156
Current Estimated Value
$442,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,989
Avg. Annual Appreciation
6.32%
Original Mortgage
$300,000
Outstanding Balance
$294,767
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$137,760

Purchase Details

Closed on
Jun 6, 2012
Sold by
Fricano Richard
Bought by
Fricano Richard and Richard Fricano Trust

Purchase Details

Closed on
Jul 28, 2011
Sold by
Fricano Richard
Bought by
Fricano Richard and Richard Fricano Trust

Purchase Details

Closed on
Jun 7, 2011
Sold by
Fricano Joan
Bought by
Fricano Richard and Richard Fricano Trust

Purchase Details

Closed on
Jul 16, 1998
Sold by
Shanahan Rebecca M and Fontana Rebecca M
Bought by
Fricano Richard and Fricano Joan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,520
Interest Rate
7.13%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Holland Isaiah D $375,000 None Listed On Document
Fricano Richard -- None Available
Fricano Richard -- None Available
Fricano Richard -- None Available
Fricano Richard $194,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holland Isaiah D $300,000
Previous Owner Fricano Richard $152,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $375,000 -2.6% $200 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
05/08/2023 05/08/23 Price Changed $385,000 -3.7% $205 / Sq Ft
04/29/2023 04/29/23 For Sale $399,900 0.0% $213 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $399,900 -- $213 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $6,600 $31,000 $6,942 $24,058
2023 $6,393 $31,000 $6,942 $24,058
2022 $6,393 $31,000 $6,942 $24,058
2021 $5,441 $23,695 $5,785 $17,910
2020 $5,473 $23,695 $5,785 $17,910
2019 $5,504 $26,624 $5,785 $20,839
2018 $7,541 $28,649 $5,090 $23,559
2017 $7,425 $28,649 $5,090 $23,559
2016 $7,267 $28,649 $5,090 $23,559
2015 $6,126 $22,887 $4,396 $18,491
2014 $6,013 $22,887 $4,396 $18,491
2013 $5,846 $22,887 $4,396 $18,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11733296

Midwest Real Estate Data (MRED)

APN: 09-20-301-046-0000