NOT LISTED FOR SALE

1620 Prospect Ave Des Plaines, IL 60018

Estimated Value: $274,000 - $296,000

2 Beds
2 Baths
864 Sq Ft
$326/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $160,000 $185 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,742/month

12 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating and Cooling System
  • 3-minute walk to Arndt Park
  • South Elementary School Rated A-

About This Home

As of July 2016

Regular Sale

Last Agent to Sell the Property

Mike Campuzano

RE/MAX Suburban License #475098587 Listed on: 03/16/2016

RE/MAX Suburban

Last Buyer's Agent

David Fuentes

American International Realty

American International Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • 1944

Lot Details

  • 3,833

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Property Attached
  • Brick Exterior Construction

Unfinished Basement

  • Finished Basement Bathroom

Utilities

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

Community Details

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

1944

Lot Details

0

Parking

2

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1944
  • Type Attached: 1/2 Duplex
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1944

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X12, On Level: Main Level
  • Basement: Unfinished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 14X11, On Level: Main Level
  • Kitchen Type: Dimensions: 15X11, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: 2nd Level
  • Bedroom 2: Dimensions: 14X9, On Level: 2nd Level
  • Estimated Sq Ft: 864

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK
  • Special Assessments: U

Schools

  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: 30X125
  • Parcel Identification Number: 09281160500000

Multi Family

  • Total Number Unitsin Building: 2
  • Number Stories: 2

Tax Info

  • Taxes: 3196

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
Jun 20, 2016
Sold by
Serrando Ferrusouia Candido and Pation Gabriela
Bought by
Patino Gloria and Patino Nanci
Seller's Agent
Mike Campuzano
RE/MAX Suburban
Buyer's Agent
David Fuentes
American International Realty
List Price
$159,000
Sold Price
$160,000
Premium/Discount to List
$1,000
0.63%
Current Estimated Value
$281,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,987
Avg. Annual Appreciation
6.10%
Original Mortgage
$157,102
Outstanding Balance
$124,757
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$157,230

Purchase Details

Closed on
Sep 13, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ferrusquia Candido Serrano and Patino Gabriela

Purchase Details

Closed on
Jun 23, 2011
Sold by
Garit Adrian
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Nov 21, 2006
Sold by
Orozco Ascencion and Orozco Carolina
Bought by
Garit Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2000
Sold by
Salerno Anthony J and Salerno Jennifer L
Bought by
Orozco Ascencion and Orozco Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,530
Interest Rate
7.91%

Purchase Details

Closed on
May 28, 1998
Sold by
Graf Robert and Graf Sharon
Bought by
Salerno Anthony J and Salerno Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,802
Interest Rate
7.22%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Patino Gloria $160,000 Acquest Title Services Llc
Ferrusquia Candido Serrano $84,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corp -- None Available
Garit Adrian $230,000 Git
Orozco Ascencion $149,000 --
Salerno Anthony J $124,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patino Gloria $157,102
Previous Owner Garit Adrian $184,000
Previous Owner Orozco Ascencion $144,530
Previous Owner Salerno Anthony J $122,802
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $160,000 +0.6% $185 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $159,000 0.0% $184 / Sq Ft
03/23/2016 03/23/16 Price Changed $159,000 -3.6% $184 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $164,900 -- $191 / 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 -- $25,000 $3,461 $21,539
2024 -- $20,000 $3,500 $16,500
2023 -- $20,000 $3,500 $16,500
2022 $0 $20,000 $3,500 $16,500
2021 $3,938 $16,141 $2,403 $13,738
2020 $3,940 $16,141 $2,403 $13,738
2019 $3,958 $18,137 $2,403 $15,734
2018 $3,576 $15,394 $2,115 $13,279
2017 $3,531 $15,394 $2,115 $13,279
2016 $3,584 $15,394 $2,115 $13,279
2015 $3,249 $13,369 $1,826 $11,543
2014 $3,196 $13,369 $1,826 $11,543
2013 $3,099 $13,369 $1,826 $11,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09167273

Midwest Real Estate Data (MRED)

APN: 09-28-116-050-0000