$153,000
SOLD MAR 12, 2020

1603 E Walnut Ave Des Plaines, IL 60016

6 Beds
2 Baths
2,514 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$61 Per Sq Ft

2% Above List Price

8 Days on Market

Highlights

  • Second Kitchen
  • Game Room
  • Central Air
  • Central Elementary School Rated A
  • Detached Garage

About This Home

As of April 2023

Just Listed - Attention Rehabbers! This 3 Story Home has potential. In-town location. Nice corner lot. All offers due on Wednesday, November 6th, 2019. Easy to show - gas & water are shut off, but there is electricity - disclosures are online.

Last Agent to Sell the Property

William Farrell

RE/MAX Suburban License #475100802 Listed on: 10/31/2019

RE/MAX Suburban

Last Buyer's Agent

Imelda Gonzalez

U.S. America Realty Inc. License #475148482

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,285

Year Built

  • 1907

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • Game Room
  • Second Kitchen

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,285

Year Built

1907

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1907
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1907

Interior Features

  • Number Of Rooms: 11
  • Living Room: Dimensions: 20X12, On Level: Main Level
  • Bedrooms All Levels: 6
  • Above Grade Bedrooms: 6
  • Dining Room: Dimensions: 13X7, On Level: Main Level
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level
  • Additional Rooms: 2nd Kitchen, 5th Bedroom, 6th Bedroom, Game Room
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X11, On Level: 2nd Level
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 13X11, On Level: 3rd Level
  • Bedroom 2: Dimensions: 12X9, On Level: Main Level
  • Additional Room 3 Name: 2nd Kitchen, Dimensions: 13X12, On Level: 2nd Level
  • Bedroom 3: Dimensions: 12X9, On Level: Main Level
  • Additional Room 4 Name: Game Rm, Dimensions: 15X11, On Level: 2nd Level
  • Bedroom 4: Dimensions: 13X12, On Level: 2nd Level
  • Additional Room 5 Name: Other, Dimensions: 15X11, On Level: 2nd Level
  • Estimated Sq Ft: 2514

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Steel Siding
  • Acreage: 0.1722

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 207
  • Elementary School: Central Elementary School
  • Middle School: Algonquin Middle School
  • High School: Maine West High School
  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: 50 X 150
  • Parcel Identification Number: 09211020010000

Tax Info

  • Taxes: 6678

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2024
Sold by
Obrero Benz and Truong Annie
Bought by
Obrero Benz and Obrero Annie
Current Estimated Value
$783,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,800
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2023
Closed on
Apr 27, 2023
Sold by
Olaguez Luis
Bought by
Obrero Benz and Truong Annie
Seller's Agent
Paul Frischer
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Scott Petcov
Keller Williams ONEChicago
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%
Views
188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$490,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2019
Closed on
Feb 6, 2020
Sold by
Jerzy Erdman
Bought by
Luis Olaguez
Seller's Agent
William Farrell
RE/MAX Suburban
Buyer's Agent
Imelda Gonzalez
U.S. America Realty Inc.
List Price
$150,000
Sold Price
$153,000
Premium/Discount to List
$3,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.81%
Original Mortgage
$249,799
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Erdman Jerzy

Purchase Details

Closed on
Apr 15, 2010
Sold by
Lopez Jose and Lopez Jose M
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jun 24, 2005
Sold by
Lopez Jose M
Bought by
Lopez Jose M and Lopez Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 12, 2004
Sold by
Woss Christiana L
Bought by
Lopez Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,600
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2002
Sold by
Berkley Robert O
Bought by
Woss Christina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,400
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 1996
Sold by
Suwinski Timothy W
Bought by
Berkley Robert O

Purchase Details

Closed on
Apr 21, 1995
Sold by
Wakefield Brian D and Skelley Rosemary
Bought by
Jmk Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 1994
Sold by
Wakefield Ellen R and Wakefield Brian D
Bought by
Wakefield Brian D and Skelly Rosemary
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- Ata National Title
Warranty Deed -- Ata National Title
Warranty Deed $690,000 Chicago Title
Warranty Deed $153,000 Attorneys Ttl Guaranty Fund
Special Warranty Deed $100,000 Premier Title
Legal Action Court Order -- Premier Title Company
Interfamily Deed Transfer -- Synergy Title Services Llc
Warranty Deed $334,500 Ticor Title Insurance Compan
Warranty Deed $283,000 --
Quit Claim Deed $45,000 --
Warranty Deed $101,000 --
Warranty Deed $121,500 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $472,800 New Conventional
Previous Owner $490,000 New Conventional
Previous Owner $249,799 New Conventional
Previous Owner $361,000 Unknown
Previous Owner $267,600 Commercial
Previous Owner $226,400 Commercial
Previous Owner $92,000 Commercial
Closed $56,600 No Value Available
Closed $66,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $690,000 -1.3% $176 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $699,000 +356.9% $178 / Sq Ft
03/12/2020 03/12/20 Sold $153,000 +2.0% $61 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $150,000 -- $60 / 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 $1,285 $62,500 $4,875 $57,625
2023 $1,254 $4,875 $4,875 --
2022 $1,254 $4,875 $4,875 $0
2021 $1,498 $4,875 $4,875 $0
2020 $7,295 $24,139 $4,875 $19,264
2019 $6,544 $27,747 $4,875 $22,872
2018 $6,781 $26,108 $4,312 $21,796
2017 $6,678 $26,108 $4,312 $21,796
2016 $6,561 $26,108 $4,312 $21,796
2015 $4,613 $17,881 $3,750 $14,131
2014 $4,532 $17,881 $3,750 $14,131
2013 $4,401 $17,881 $3,750 $14,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10564123

Midwest Real Estate Data (MRED)

APN: 09-21-102-001-0000