NOT LISTED FOR SALE

1319 E Prairie Ave Des Plaines, IL 60016

Estimated Value: $406,000 - $584,000

4 Beds
2 Baths
1,836 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 02, 2014

Last sale price $286,000 $156 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,079/month

279 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Senior Tax Exemptions
  • Central Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of July 2014

DOWNTOWN LOCATION RANCH STYLE DUPLEX 2 FLAT - 2 BRS 1 BATH EACH + GARAGE PARKING WALK TO TRAINS, BUS, RESTAURANTS, BUSINESSES, RESTAURANTS, SCHOOL & PARKS. NEWER 100 AMP ELECTRIC, NEWER ROOF, UPDATED FURNACE, AC, HW HTR, CABINETS. BOTH TENANTS PAY ALL EXPENSE EXCEPT RE TAXES. UNIT A WITH PATIO + YARD. BOTH UNITS W/GAS FIREPLACES. STORAGE AVAILABLE IN GARAGE.

Last Agent to Sell the Property

John McKay

Berkshire Hathaway HomeServices Starck Real Estate Listed on: 07/30/2013

Last Buyer's Agent

Jean Marella

Keller Williams ONEChicago License #475137560

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,348

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 50 x 141

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Central Elementary School
  • Algonquin Middle School
  • Maine West High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • Gross Income $1,825

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,348

Year Built

Built in 1966

Lot Details

7,492 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1966
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train,Flood Zone (Partial)
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Fireplace-Gas,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Fireplace-Gas,Garage/Space

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt, Rubber
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Schools

  • Elementary School: CENTRAL ELEMENTARY SCHOOL
  • High School: MAINE WEST HIGH SCHOOL
  • Middle/Junior School: ALGONQUIN MIDDLE SCHOOL

Lot Info

  • Lot Dimensions: 50 X 141
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Multi Family

  • GrossIncome: 1825
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6348
  • Tax Year: 2012
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2013
Closed on
Jun 30, 2014
Sold by
Johnson Mark F and Sbarbaro Thomas H
Bought by
Schrock Matthew G
Seller's Agent
John McKay
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Jean Marella
Keller Williams ONEChicago
List Price
$285,000
Sold Price
$286,000
Premium/Discount to List
$1,000
0.35%
Current Estimated Value
$484,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,751
Avg. Annual Appreciation
4.62%
Original Mortgage
$292,149
Outstanding Balance
$219,574
Interest Rate
4.12%
Mortgage Type
VA
Estimated Equity
$265,177

Purchase Details

Closed on
Jul 1, 2011
Sold by
Bankunited
Bought by
Sbarbaro Thomas H and Johnson Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,422
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 2011
Sold by
Kelly Patrick and Kelly Patrick J
Bought by
Bankunited

Purchase Details

Closed on
Aug 16, 2006
Sold by
Stanoiu Florea and Stanoiu Maria
Bought by
Kelly Patrick J and Kelly Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
9.45%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 20, 2003
Sold by
Stanoiu Florea and Stanoiu Maria
Bought by
Stanoiu Florea and Stanoiu Idmaria
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schrock Matthew G $286,000 Chicago Title Insurance Co
Sbarbaro Thomas H $100,000 Fidelity National Title
Bankunited -- None Available
Kelly Patrick J $325,000 Atg
Stanoiu Florea -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrock Matthew G $292,149
Previous Owner Sbarbaro Thomas H $131,422
Previous Owner Kelly Patrick J $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2014 07/02/14 Sold $286,000 +0.4% $156 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
07/30/2013 07/30/13 For Sale $285,000 -- $155 / 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
2025 $7,073 $41,000 $6,750 $34,250
2024 $7,073 $30,143 $6,000 $24,143
2023 $6,876 $30,143 $6,000 $24,143
2022 $6,876 $30,143 $6,000 $24,143
2021 $6,188 $23,462 $4,875 $18,587
2020 $6,153 $23,462 $4,875 $18,587
2019 $6,093 $26,069 $4,875 $21,194
2018 $7,579 $28,777 $4,312 $24,465
2017 $8,454 $28,777 $4,312 $24,465
2016 $7,997 $28,777 $4,312 $24,465
2015 $7,198 $23,810 $3,750 $20,060
2014 $7,046 $23,810 $3,750 $20,060
2013 $5,570 $23,810 $3,750 $20,060
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08407590

Midwest Real Estate Data (MRED)

APN: 09-17-423-020-0000

Your Personal Tour Guide

Ask me questions while you tour the home.