NOT LISTED FOR SALE

1477 E Thacker St Unit 509 Des Plaines, IL 60016

Estimated Value: $332,234 - $352,000

2 Beds
2 Baths
1,570 Sq Ft
$410/mo HOA Fee

Last Sold July 30, 2024

Last sale price $312,250 $199 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,612/month

18 Days on Market

Highlights

  • Penthouse
  • Lock-and-Leave Community
  • Balcony
  • Central Elementary School Rated A-
  • Stainless Steel Appliances
  • 1-minute walk to Central Park

About This Home

As of July 2024

Looking for a good size condo in down town Des Plaines that is totally move-in ready? Your wait is over. Built by reputable Franczak Builders in 2000, this Newcastle model offers 1570 square feet of living space on the top floor with tree top views! This is one of the few models in the building that has two balconies and two storage lockers. One storage locker is in the garage and the other one is conveniently located on the 5th floor right down the hall from the unit. Not only has the condo been freshly painted throughout, ALL of the switch plates and outlet covers have been replaced making the place feel like new. Features include brand new Samsung Stainless Steel appliances and brand new carpeting. The stove top has five burners and the oven has the new air fry feature. Monthly assessments are $410 per month and include heat, water, gas and parking in the heated garage. Great location just a few blocks to the Metra station and down town Des Plaines. With the purchase of this condo comes a one year Achosa Prime Home Warranty at no cost to the buyer - a little peace of mind to cover the few things that are not brand new.

Last Agent to Sell the Property

JoAnn Casali

Berkshire Hathaway HomeServices Chicago License #471003088 Listed on: 05/16/2024

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Caroline Starr

@properties Christie?s International Real Estate License #475123478

@properties Christie?s International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,375

Year Built

  • Built in 2000

Lot Details

  • 0.7

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Door Opener
  • Visitor Parking
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Penthouse
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,570 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, security, lawn care, scavenger, snow removal
  • 38 Units
  • Yvonne Association, Phone Number (847) 813-5939
  • Mid-Rise Condominium
  • Insignia Subdivision, Newcastle Floorplan
  • Property managed by Mc Kenzie Management
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Common Area
  • Community Storage Space
  • Elevator

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,375

Year Built

Built in 2000

Lot Details

0

HOA Fees

$410 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: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Storage, Walk-In Closet(s)
  • LivingArea: 1570
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Walk In Closet, Balcony/Porch/Lanai, Foyer
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • OpenParkingSpaces: 3
  • Parking Features: Off Street, Visitor Parking
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 410
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Mc Kenzie Management
  • Management Contact Name: Yvonne
  • Management Phone: 847-813-5939
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5375
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jul 18, 2024
Sold by
Marchiori Richard and Cotter Dina
Bought by
Kavanagh John P and Kavanagh Susan
Seller's Agent
JoAnn Casali
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Caroline Starr
@properties Christie?s International Real Estate
List Price
$324,500
Sold Price
$312,250
Premium/Discount to List
-$12,250
-3.78%
Views
43
Current Estimated Value
$342,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,059
Avg. Annual Appreciation
6.74%
Original Mortgage
$232,500
Outstanding Balance
$229,423
Interest Rate
6.45%
Mortgage Type
New Conventional
Estimated Equity
$112,886

Purchase Details

Closed on
Mar 29, 2001
Sold by
Tito Anthony R
Bought by
Marchiori Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
7.05%

Purchase Details

Closed on
Aug 28, 2000
Sold by
Corathacker Llc
Bought by
Tito Anthony R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kavanagh John P $312,500 First American Title
Marchiori Richard D $242,000 --
Tito Anthony R $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kavanagh John P $232,500
Previous Owner Marchiori Richard D $193,600
Previous Owner Tito Anthony R $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2024 07/30/24 Sold $312,250 -3.8% $199 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $324,500 -- $207 / 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 $4,836 $24,313 $761 $23,552
2023 $5,375 $24,313 $761 $23,552
2022 $5,375 $24,313 $761 $23,552
2021 $5,029 $19,690 $618 $19,072
2020 $5,013 $19,690 $618 $19,072
2019 $4,982 $21,941 $618 $21,323
2018 $3,962 $16,682 $546 $16,136
2017 $3,909 $16,682 $546 $16,136
2016 $3,942 $16,682 $546 $16,136
2015 $2,761 $11,756 $475 $11,281
2014 $2,719 $11,756 $475 $11,281
2013 $2,634 $11,756 $475 $11,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12055338

Midwest Real Estate Data (MRED)

APN: 09-20-205-044-1038