NOT LISTED FOR SALE

1062 Walter Ave Des Plaines, IL 60016

Estimated Value: $357,000 - $390,000

3 Beds
2 Baths
874 Sq Ft
$428/Sq Ft Est. Value

Last Sold July 29, 2014

Last sale price $261,000 $299 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,591/month

392 Days on Market

Highlights

  • Formal Dining Room
  • Fenced Yard
  • Central Air
  • Forest Elementary School Rated 9+

About This Home

As of July 2014

Beautiful brick Cape Cod on quiet street. Bright LR and Dr w/Australian Cypress Floors. Oak-cabinet kitchen w/eating area. 2 ceramic tile full-baths. Newer light fixtures throughout. Large carpeted Rec room w/walk-in closest. Furnace, AC 2 yrs old. Water heater 6 yrs old. Sump pump w/battery back-up. Side-drive leading to 2-car garage. Fenced Yard features deck and brick paved patio. Move-in condition!

Last Agent to Sell the Property

Julie Schultz

Dream Town Real Estate License #475144105 Listed on: 05/19/2013

Dream Town Real Estate

Last Buyer's Agent

Nick Patinkin

@properties Commercial

@properties Commercial

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $6,508

Year Built

  • 1949

Lot Details

  • Fenced Yard

Parking

  • 2

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Forest Elementary School
  • Maine West High School

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$6,508

Year Built

1949

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 8
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Basement: Full
  • Basement: Partially Finished
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 15X14
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 15X11
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 11X11
  • Third Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 15X13
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 12X10
  • Dining Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 13X10
  • Kitchen Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Schools

  • Elementary School: Forest Elementary School
  • High School: Maine West High School
  • Junior High Dist: 62
  • Junior High: Algonquin Middle School

Lot Info

  • Lot Dimensions: 50 X 140
  • Lot Description: Fenced Yard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2013
Closed on
Jul 26, 2014
Sold by
Muschkat Karen Marie and Muschkat Joseph Erwin
Bought by
Gray Theodore E and Gray Julia H
Seller's Agent
Julie Schultz
Dream Town Real Estate
Buyer's Agent
Nick Patinkin
@properties Commercial
List Price
$289,900
Sold Price
$261,000
Premium/Discount to List
-$28,900
-9.97%
Total Days on Market
392
Current Estimated Value
$366,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,549
Avg. Annual Appreciation
3.35%
Original Mortgage
$247,950
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2012
Sold by
Zamet Karen M and Muschkat Joseph Erwin
Bought by
Muschkat Muschkat Karen Marie Karen Marie and Karen Marie Muschkat

Purchase Details

Closed on
Apr 26, 2005
Sold by
Welty Scott R and Budde Susan L
Bought by
Zamet Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.06%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 20, 1993
Sold by
Palta Vidula
Bought by
Welty Scott R and Budde Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.82%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gray Theodore E $261,000 Attorneys Title Guaranty Fun
Muschkat Muschkat Karen Marie Karen Marie -- None Available
Zamet Karen M $340,000 First American Title Ins Co
Welty Scott R $106,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Theodore E $70,000
Closed Gray Theodore E $15,000
Open Gray Julia H $216,900
Closed Gray Theodore E $24,000
Closed Gray Theodore E $247,950
Previous Owner Zamet Karen M $160,000
Previous Owner Welty Scott R $190,000
Previous Owner Welty Scott R $150,000
Previous Owner Welty Scott R $35,000
Previous Owner Welty Scott R $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2014 07/29/14 Sold $261,000 -3.3% $299 / Sq Ft
06/15/2014 06/15/14 Pending -- -- --
03/27/2014 03/27/14 Price Changed $269,900 -1.1% $309 / Sq Ft
12/03/2013 12/03/13 Price Changed $272,900 -2.5% $312 / Sq Ft
06/23/2013 06/23/13 Price Changed $279,900 -3.4% $320 / Sq Ft
05/19/2013 05/19/13 For Sale $289,900 -- $332 / 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 $6,508 $28,000 $5,325 $22,675
2023 $6,325 $28,000 $5,325 $22,675
2022 $6,325 $28,000 $5,325 $22,675
2021 $7,977 $29,281 $4,260 $25,021
2020 $7,911 $29,281 $4,260 $25,021
2019 $7,833 $32,535 $4,260 $28,275
2018 $6,360 $24,700 $3,727 $20,973
2017 $6,265 $24,700 $3,727 $20,973
2016 $6,170 $24,700 $3,727 $20,973
2015 $5,077 $19,418 $3,195 $16,223
2014 $4,671 $18,353 $3,195 $15,158
2013 $4,537 $18,353 $3,195 $15,158
Source: Public Records

Agents Affiliated with this Home

  • Julie Schultz

    Seller's Agent in 2014

    Julie Schultz

    Dream Town Real Estate

    (773) 680-7424

    7 Total Sales

    Julie Schultz
    Section Image
  • Nick Patinkin

    Buyer's Agent in 2014

    Nick Patinkin

    @properties Commercial

    (773) 879-0392

    22 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08346695

Midwest Real Estate Data (MRED)

APN: 09-17-312-030-0000

Illinois Cook County Des Plaines 60016

1062 Walter Ave, Des Plaines, IL

This home is located at 1062 Walter Ave, Des Plaines, IL 60016 since 19 May 2013 and is currently estimated at $373,656, approximately $427 per square foot. This property was built in 1949. 1062 Walter Ave is a home located in Cook County with nearby schools including Forest Elementary School, Algonquin Middle School, and Maine West High School.

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