NOT LISTED FOR SALE

1107 Walter Ave Des Plaines, IL 60016

Estimated Value: $220,000 - $328,000

2 Beds
1 Bath
768 Sq Ft
$365/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $151,200 $197 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,029/month

2 Days on Market

About This Home

As of January 2022

REHABBERS AND BUILDERS...ENDLESS POSSIBILITIES ON THIS HUGE OVERSIZED 50 X 141 FT LOT. GREAT OPPORTUNITY TO REHAB, BRING YOUR IDEAS FOR THIS COMPLETE REHAB OPPORTUNITY OR REBUILD. HOME FEATURES 2 BEDS | 1 BATH | APPROX 768 SQ FT. GREAT LOCATION!! CLOSE TO DOWNTOWN DES PLAINES, PRAIRIE LAKES COMMUNITY CENTER, METRA, SHOPPING, DINING. HOME BEING SOLD "AS-IS"

Last Agent to Sell the Property

Steve Porter

Real Broker LLC License #471018397 Listed on: 12/27/2021

Last Buyer's Agent

Lucy Rivera

Realty of America, LLC License #471021131

Realty of America, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,537

Year Built

  • 1904

Lot Details

  • 6,970

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Unfinished Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,537

Year Built

1904

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: 2nd Ave N of Prairie to Walter East to Home
  • Lot Size: 50 X 141
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1904

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Lot Features: Sidewalks, Wood Fence
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Driveway: Concrete
  • Parking: None

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Forest Elementary School
  • High School: Maine West High School
  • Junior High Dist: 207
  • Middle Or Junior School: Algonquin Middle School

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4958.44
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
Mar 2, 2022
Sold by
Hermason Raymond R
Bought by
Arteaga Elizabeth
Seller's Agent
Steve Porter
Real Broker LLC
Buyer's Agent
Lucy Rivera
Realty of America, LLC
List Price
$149,000
Sold Price
$151,200
Premium/Discount to List
$2,200
1.48%
Total Days on Market
2
Current Estimated Value
$280,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,305
Avg. Annual Appreciation
20.06%
Original Mortgage
$120,960
Outstanding Balance
$114,867
Interest Rate
4.88%
Estimated Equity
$165,638

Purchase Details

Listed on
Dec 27, 2021
Closed on
Jan 27, 2022
Sold by
Hermason Raymond R
Bought by
Arteaga Elizabeth
Seller's Agent
Steve Porter
Real Broker LLC
Buyer's Agent
Lucy Rivera
Realty of America, LLC
List Price
$149,000
Sold Price
$151,200
Premium/Discount to List
$2,200
1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,960
Outstanding Balance
$114,867
Interest Rate
4.88%
Estimated Equity
$165,638
Source: Public Records

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Range of Values:

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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
Arteaga Elizabeth $151,500 --
Arteaga Elizabeth $151,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arteaga Elizabeth $120,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Sold $151,200 +1.5% $197 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
12/27/2021 12/27/21 For Sale $149,000 -- $194 / 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 $5,537 $21,000 $5,325 $15,675
2023 $5,404 $21,000 $5,325 $15,675
2022 $5,404 $21,000 $5,325 $15,675
2021 $5,044 $16,408 $4,260 $12,148
2020 $4,958 $16,408 $4,260 $12,148
2019 $4,907 $18,232 $4,260 $13,972
2018 $4,213 $14,087 $3,727 $10,360
2017 $4,139 $14,087 $3,727 $10,360
2016 $3,915 $14,087 $3,727 $10,360
2015 $3,265 $10,801 $3,195 $7,606
2014 $3,196 $10,801 $3,195 $7,606
2013 $3,117 $10,801 $3,195 $7,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11294203

Midwest Real Estate Data (MRED)

APN: 09-17-318-013-0000