NOT LISTED FOR SALE

1477 E Thacker St Unit 508 Des Plaines, IL 60016

Estimated Value: $342,000 - $392,000

3 Beds
2 Baths
1,650 Sq Ft
$383/mo HOA Fee

Last Sold December 28, 2018

Last sale price $242,500 $147 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,618/month

430 Days on Market

Highlights

  • End Unit
  • Balcony
  • Breakfast Bar
  • Central Elementary School Rated A-
  • Attached Garage
  • 1-minute walk to Central Park

About This Home

As of December 2018

Top floor unit with tree top view and the largest square footage and 2 garage spaces. Custom built for original owner. Master BR has large walk in closet and BI desk. Master bath is heated and has large walk in shower with built in bench and large linen cabinet. 2nd bedroom has large walk in closet. 3rd bedroom was built as den with sliding doors. Separate laundry room in unit with full size washer and dryer. Only cats are allowed. Eat in kitchen has opening to dining room. Large L-shaped living room and dining for entertaining. Handicapped spot is owned by owner and remains. Owner open to offer....will consider closing cost credit for decorating.

Last Agent to Sell the Property

Jolyn Crawford

Exit Strategy Realty License #475093144 Listed on: 09/01/2017

Exit Strategy Realty

Last Buyer's Agent

Charina Francisco

@properties Christie's International Real Estate License #475160545

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • 1999

Lot Details

  • End Unit
  • East or West Exposure

HOA Fees

  • $383 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Storage

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Balcony

Community Details

  • Pets Allowed

Listing and Financial Details

  • $5,000 Seller Concession

Property Details

Home Type

Condominium

Year Built

1999

Lot Details

0

HOA Fees

$383 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Train, Non-Smoking Building
  • Unit Floor Level: 5
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Square Footage Comments: corner unit
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1999
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 1999

Interior Features

  • Interior Property Features: Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 22X14, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Ceiling Fan
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X7, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X13, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 22X14, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1650
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, End Unit
  • Exposure: N (North), E (East)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK
  • Common Area Amenities: Elevator, Storage
  • Assessment Includes: Water, Gas, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 383
  • Management Contact Name: Hank
  • Management Phone: 847-296-1941X60

Fee Information

  • Management Company: Hanlin

Schools

  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: 243 X 128
  • Parcel Identification Number: 09202050441037

Multi Family

  • Total Number Unitsin Building: 38
  • Number Stories: 5

Tax Info

  • Taxes: 3843.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Dec 20, 2018
Sold by
Olson Patricia J
Bought by
Manuel Francisco Michele and Manuel Francisco
Seller's Agent
Jolyn Crawford
Exit Strategy Realty
Buyer's Agent
Charina Francisco
@properties Christie's International Real Estate
List Price
$325,000
Sold Price
$242,500
Premium/Discount to List
-$82,500
-25.38%
Current Estimated Value
$361,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,544
Avg. Annual Appreciation
6.09%
Original Mortgage
$181,875
Outstanding Balance
$157,830
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$209,288

Purchase Details

Closed on
Jul 22, 2010
Sold by
Olson Patricia J and The John A Olson Living Trust
Bought by
Olson Patricia J and The Patricia J Olson Living Tr

Purchase Details

Closed on
Sep 11, 2008
Sold by
Olson John A and Olson Patricia J
Bought by
Olson John A and John A Olson Living Trust

Purchase Details

Closed on
Dec 27, 1999
Sold by
Cora Thacker Llc
Bought by
Olson John A and Olson Patricia J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Manuel Francisco Michele $242,500 Attorney
Olson Patricia J -- None Available
Olson John A -- None Available
Olson John A $259,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manuel Francisco Michele $181,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $242,500 -10.0% $147 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
11/01/2018 11/01/18 Price Changed $269,500 -3.6% $163 / Sq Ft
08/30/2018 08/30/18 Price Changed $279,500 -6.7% $169 / Sq Ft
06/06/2018 06/06/18 Price Changed $299,500 -1.8% $182 / Sq Ft
04/02/2018 04/02/18 Price Changed $305,000 -3.2% $185 / Sq Ft
02/10/2018 02/10/18 Price Changed $315,000 -3.1% $191 / Sq Ft
09/01/2017 09/01/17 For Sale $325,000 -- $197 / 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
2025 $4,186 $36,013 $983 $35,030
2024 $4,186 $27,921 $874 $27,047
2023 $4,391 $27,921 $874 $27,047
2022 $4,391 $27,921 $874 $27,047
2021 $5,108 $22,611 $709 $21,902
2020 $5,145 $22,611 $709 $21,902
2019 $5,120 $25,196 $709 $24,487
2018 $3,880 $19,157 $627 $18,530
2017 $5,628 $19,157 $627 $18,530
2016 $4,134 $19,157 $627 $18,530
2015 $4,082 $13,501 $546 $12,955
2014 $2,600 $13,501 $546 $12,955
2013 $2,595 $13,501 $546 $12,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09738465

Midwest Real Estate Data (MRED)

APN: 09-20-205-044-1037