NOT LISTED FOR SALE

1624 E Lincoln Ave Des Plaines, IL 60018

Estimated Value: $381,000 - $412,000

4 Beds
2 Baths
1,424 Sq Ft
$276/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $300,000 $211 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,794/month

5 Days on Market

Highlights

  • Second Kitchen
  • Gated Community
  • Wood Flooring
  • Central Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 4-minute walk to Jaycee Park

About This Home

As of March 2022

Excellent opportunity to purchase this property, with a large lot, in Des Plaines. There is a newer sump pump, windows and HVAC system. Lots of historic details in this property from the arched doorways, door knobs, built ins and many other special features. Large 2.5 car garage connected to house by paver walkway/patio. Located close to grocery stores, downtown Des Plaines and to the Metra Line. Easy access to 294 and 90 tollways, Kennedy Expressway. PLEASE NOTE: THIS IS AN ESTATE SALE AND BEING SOLD "AS IS."

Last Agent to Sell the Property

Julie Goodyear

@properties Christie's International Real Estate License #475133011 Listed on: 02/24/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Craig Rogner

Century 21 Circle License #471021514

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,151

Year Built

  • Built in 1921

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 60 x 192 x 60 x 192
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • 1,424 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement

Outdoor Features

  • Brick Porch or Patio
  • Shed

Schools

  • Maine West High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Gated Community

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,151

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1921
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features
  • LivingArea: 1424
  • Other Equipment: Humidifier, Ceiling Fan(s), Sump Pump
  • Room Type: Kitchen, Eating Area
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Master Bedroom,Basement
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Brick Paver Patio
  • List Price: 269900
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Cedar

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Window/Wall Unit - 1
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Gated, Sidewalks, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Maine West High School
  • Middle/Junior School District: 62

Lot Info

  • Lot Size Acres: 0.2658
  • Lot Dimensions: 60 X 192 X 60 X 192
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6150.84
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Apr 13, 2022
Sold by
Rasmussen Russell A and The Alice Rasmussen Trust
Bought by
Cotan Samuel and Pralea Mihaele
Seller's Agent
Julie Goodyear
@properties Christie's International Real Estate
Buyer's Agent
Craig Rogner
Century 21 Circle
List Price
$269,900
Sold Price
$300,000
Premium/Discount to List
$30,100
11.15%
Total Days on Market
5
Current Estimated Value
$392,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,977
Avg. Annual Appreciation
8.24%
Original Mortgage
$285,000
Outstanding Balance
$269,296
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$116,310

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 23, 2022
Sold by
Alice Rasmussen Trust and The Alice Rasmussen Trust
Bought by
Cotan Samuel and Pralea Mihaela
Seller's Agent
Julie Goodyear
@properties Christie's International Real Estate
Buyer's Agent
Craig Rogner
Century 21 Circle
List Price
$269,900
Sold Price
$300,000
Premium/Discount to List
$30,100
11.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$269,296
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$116,310

Purchase Details

Closed on
Nov 16, 2004
Sold by
Rasmussen John W and Rasmussen Alice
Bought by
Rasmussen Alice and Alice Rasmussen Trust

Purchase Details

Closed on
Jul 14, 1999
Sold by
Rasmussen John W and Rasmussen Alice
Bought by
Rasmussen Alice and The Alice Rasmussen Trust
Source: Public Records

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Range of Values:

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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
Cotan Samuel $300,000 --
Cotan Samuel $300,000 Proper Title
Rasmussen Alice -- --
Rasmussen Alice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotan Samuel $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Sold $300,000 +11.2% $211 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $269,900 -- $190 / 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 $8,491 $33,000 $9,264 $23,736
2023 $8,491 $33,000 $9,264 $23,736
2022 $8,491 $33,000 $9,264 $23,736
2021 $7,973 $25,938 $7,527 $18,411
2020 $6,151 $25,938 $7,527 $18,411
2019 $6,095 $28,820 $7,527 $21,293
2018 $4,873 $22,479 $6,658 $15,821
2017 $4,819 $22,479 $6,658 $15,821
2016 $5,057 $22,479 $6,658 $15,821
2015 $5,351 $22,198 $5,790 $16,408
2014 $5,266 $22,198 $5,790 $16,408
2013 $5,105 $22,198 $5,790 $16,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11332063

Midwest Real Estate Data (MRED)

APN: 09-21-308-017-0000