NOT LISTED FOR SALE

Towne Center 1600 E Thacker St Unit 207 Des Plaines, IL 60016

Estimated Value: $290,000 - $309,682

2 Beds
2 Baths
1,466 Sq Ft
$368/mo HOA Fee

Last Sold June 16, 2015

Last sale price $162,900 $111 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,119/month

3 Days on Market

Highlights

  • Lock-and-Leave Community
  • L-Shaped Dining Room
  • Balcony
  • Central Elementary School Rated A
  • Elevator
  • 4-minute walk to Central Park

About This Home

As of June 2015

This 2 bedroom, 2 bath condo in sought after Towne Centre is clean, bright & move-in ready. The extra large floor plan comprises approximately 1466 square feet & features entertainment sized living and & dining rooms. The fully applianced eat-in kitchen offers a generously sized breakfast area. Enjoy the outdoor terrace, in unit laundry room, garage parking & storage. Steps to shopping, restaurants, library & METRA.

Last Agent to Sell the Property

Steve Heilig

Baird & Warner License #471005632 Listed on: 04/27/2015

Baird & Warner

Last Buyer's Agent

Yannis Arbis

First Western Properties License #475142723

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,180

Year Built

  • Built in 1994

Lot Details

  • 1.45

HOA Fees

  • $368 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,466 Sq Ft Home
  • Entrance Foyer
  • Living Room
  • L-Shaped Dining Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

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

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 78 Units
  • Hank Kolak Association, Phone Number (847) 296-1941
  • Towne Centre Subdivision, Hampton Floorplan
  • Property managed by Hanlin Management, Inc
  • Lock-and-Leave Community
  • 7-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,180

Year Built

Built in 1994

Lot Details

0

HOA Fees

$368 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: TOWNE CENTRE
  • Year Built: 1994
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Laundry Hook-Up in Unit, Storage
  • LivingArea: 1466
  • Room Type: Foyer
  • Stories Total: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 169900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: 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
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 368
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Management Company: Hanlin Management, Inc
  • Management Contact Name: Hank Kolak
  • Management Phone: 847-296-1941
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, 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
  • Middle/Junior School District: 62

Lot Info

  • Lot Dimensions: COMMON GROUNDS
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2180
  • Tax Year: 2013
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 3, 2015
Sold by
Frain Patricia and Ruth S Kepner Trust
Bought by
Zervas George and Zervas Eugenia
Seller's Agent
Steve Heilig
Baird & Warner
Buyer's Agent
Yannis Arbis
First Western Properties
List Price
$169,900
Sold Price
$162,900
Premium/Discount to List
-$7,000
-4.12%
Current Estimated Value
$299,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,771
Avg. Annual Appreciation
5.95%
Original Mortgage
$108,000
Outstanding Balance
$86,251
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$209,040

Purchase Details

Closed on
May 6, 2003
Sold by
Kepner Ruth
Bought by
Kepner Ruth S and Ruth S Kepner Trust

Purchase Details

Closed on
Apr 6, 1994
Sold by
Norwood Builders Inc
Bought by
Kepner Robert and Kepner Ruth
Source: Public Records

Range of Values:

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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
Zervas George $163,000 Baird & Warner Title Svcs In
Kepner Ruth S -- --
Kepner Robert $91,000 Intercounty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zervas George $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2015 06/16/15 Sold $162,900 -4.1% $111 / Sq Ft
04/30/2015 04/30/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $169,900 -- $116 / 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 $1,948 $22,127 $690 $21,437
2023 $1,961 $22,127 $690 $21,437
2022 $1,961 $22,127 $690 $21,437
2021 $2,281 $17,023 $560 $16,463
2020 $2,089 $17,023 $560 $16,463
2019 $2,057 $18,971 $560 $18,411
2018 $2,084 $13,839 $496 $13,343
2017 $2,062 $13,839 $496 $13,343
2016 $2,656 $13,839 $496 $13,343
2015 $2,287 $12,061 $431 $11,630
2014 $2,184 $12,061 $431 $11,630
2013 $2,180 $12,061 $431 $11,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08903866

Midwest Real Estate Data (MRED)

APN: 09-20-202-042-1007