NOT LISTED FOR SALE

1477 E Thacker St Unit 507 Des Plaines, IL 60016

Estimated Value: $289,738 - $362,000

2 Beds
2 Baths
-- Sq Ft
$308/mo HOA Fee

Last Sold June 03, 2021

Last sale price $232,000

Est. 40% increase in value since last sale

Current estimated payment $2,388/month

5 Days on Market

Highlights

  • Penthouse
  • Spa
  • End Unit
  • Central Elementary School Rated A-
  • Landscaped Professionally
  • 1-minute walk to Central Park

About This Home

As of June 2021

SPACIOUS TOP FLOOR CORNER UNIT WITH SOUTHEAST EXPOSURE. THIS BRIGHT 2BR/2BA CONDO FEATURES A BALCONY, EAT-IN KITCHEN, SPLIT FLOOR PLAN, TWO FULL BATHS AND AN IN-UNIT LAUNDRY ROOM, EACH BEDROOMS HAVE WALK IN CLOSET. PRIVATE STORAGE ROOM ADJACENT TO HEATED GARAGE PARKING SPACE. ALSO, THERE ARE EXTRA PARKING SPACES IN THE BACK. WELL MAINTAINED ELEVATOR BUILDING WALKING DISTANCE TO THE LIBRARY, METRA, RESTAURANTS, GROCERIES AND MORE. READY TO MOVE IN AND ENJOY! ASSESSMENT INCLUDES HEAT AND GAS.

Last Agent to Sell the Property

Jinhee Yang

Baird & Warner License #475137678 Listed on: 04/23/2021

Baird & Warner

Last Buyer's Agent

Ingrid Dillon

Baird & Warner License #475180814

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,155

Year Built

  • Built in 1999 | Remodeled in 2015

Lot Details

  • End Unit
  • Landscaped Professionally

HOA Fees

  • $308 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Blinds
  • Formal Dining Room
  • Storage
  • Laminate Flooring

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 38 Units
  • Hank Association, Phone Number (847) 291-1941
  • Mid-Rise Condominium
  • Insignia Subdivision
  • Property managed by Hanlin

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,155

Year Built

Built in 1999 | Remodeled in 2015

Lot Details

0

HOA Fees

$308 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories),Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories),Penthouse
  • Subdivision Name: Insignia
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 5
  • Rehab Year: 2015
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Gas Cooktop
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hot Tub, Elevator, Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Door Features: Lever Style Door Handles,6 Panel Door(s)
  • Window Features: Blinds,Window Treatments

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • Lot Features: Landscaped
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Radiant
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 308
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Hanlin
  • Management Contact Name: Hank
  • Management Phone: 847-291-1941

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Central Elementary School
  • High School: Maine West High School
  • Middle/Junior School: Algonquin Middle School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2155.16
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 1, 2021
Sold by
Choi Paul C and Jung Ja Choi Trust
Bought by
Koltis Matthew David
Seller's Agent
Jinhee Yang
Baird & Warner
Buyer's Agent
Ingrid Dillon
Baird & Warner
Sold Price
$232,000
Current Estimated Value
$325,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,061
Avg. Annual Appreciation
7.51%
Original Mortgage
$116,000
Outstanding Balance
$85,043
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$238,142

Purchase Details

Listed on
Apr 23, 2021
Closed on
May 7, 2021
Sold by
Choi Paul C and Choi Richard C
Bought by
Choi Paul C and Junag Ja Choi Trust
Seller's Agent
Jinhee Yang
Baird & Warner
Buyer's Agent
Ingrid Dillon
Baird & Warner
Sold Price
$232,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Outstanding Balance
$85,043
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$238,142

Purchase Details

Listed on
Apr 21, 2015
Closed on
Jun 10, 2015
Sold by
Faber Anna and Estate Of Hildegard Kalicun
Bought by
Choi Jung Ja
Seller's Agent
Troy D'Amico
Realty37
Buyer's Agent
Jinhee Yang
Baird & Warner
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%

Purchase Details

Closed on
Mar 16, 2006
Sold by
Siatt Rose
Bought by
Kalicun Hildegard

Purchase Details

Closed on
Sep 7, 2004
Sold by
Bong Chang Soo and Bong Jin Suk
Bought by
Siatt Rose and Siatt Wayne

Purchase Details

Closed on
Apr 25, 2000
Sold by
Cora Thacker Llc
Bought by
Bong Chang Soo and Bong Jin Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,900
Interest Rate
8.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Koltis Matthew David $232,000 Precision Title
Choi Paul C -- Precision Title
Choi Jung Ja $165,000 Attorneys Title Guaranty Fun
Kalicun Hildegard $259,500 None Available
Siatt Rose -- None Available
Siatt Rose $256,500 --
Bong Chang Soo $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koltis Matthew David $116,000
Previous Owner Bong Chang Soo $133,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2021 06/03/21 Sold $232,000 +3.1% --
04/28/2021 04/28/21 For Sale -- -- --
04/28/2021 04/28/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $225,000 +36.4% --
06/12/2015 06/12/15 Sold $165,000 -2.9% -- View Prior Sale
05/20/2015 05/20/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $170,000 -- --
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
2025 $4,584 $26,705 $729 $25,976
2024 $4,584 $20,704 $648 $20,056
2023 $4,447 $20,704 $648 $20,056
2022 $4,447 $20,704 $648 $20,056
2021 $2,391 $16,767 $526 $16,241
2020 $2,189 $16,767 $526 $16,241
2019 $2,155 $18,684 $526 $18,158
2018 $2,194 $14,206 $465 $13,741
2017 $2,164 $14,206 $465 $13,741
2016 $2,758 $14,206 $465 $13,741
2015 $1,667 $10,010 $404 $9,606
2014 $1,591 $10,010 $404 $9,606
2013 -- $10,010 $404 $9,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11056994

Midwest Real Estate Data (MRED)

APN: 09-20-205-044-1036