NOT LISTED FOR SALE

1625 E Lincoln Ave Des Plaines, IL 60018

Estimated Value: $340,000 - $393,289

3 Beds
1 Bath
1,080 Sq Ft
$340/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $174,900 $162 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,489/month

24 Days on Market

Highlights

  • 2 Car Detached Garage
  • Living Room
  • 1-Story Property
  • Central Elementary School Rated A-
  • Laundry Room
  • 4-minute walk to Jaycee Park

About This Home

As of October 2016

This is an excellent opportunity to own this beautiful home in Des Plaines, property features 3-bedrooms, 1-bathroom, open living area, full basement, ample storage, 2- car detached garage, large fenced in back yard, first time buyers are eligible to complete the Homepath ready buyer course on Homepath website and request up to 3% closing cost assistance. Must attach certificate to original offer. Check Homepath website for more details. Restrictions apply. This is a Fannie Mae Homepath Property

Last Agent to Sell the Property

Louie Psyhogios

SR Realty Group Inc. License #475159155 Listed on: 07/08/2016

Last Buyer's Agent

Santiago Kensel Sanchez

Solid Realty Services Inc License #471022517

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,988

Year Built

  • Built in 1954

Lot Details

  • 0.27 Acre Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,988

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1954
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1080
  • Room Type: No additional rooms
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.2658
  • Lot Dimensions: 11580
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5987.65
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2016
Sold by
Fannie Mae
Bought by
Merino Octavio Santos
Current Estimated Value
$367,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,653
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2015
Sold by
Kacel Tomas
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 3, 2005
Sold by
Meyer Marvin O and Meyer Doriz J
Bought by
Kacel Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
5.75%
Mortgage Type
Unknown
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
Merino Octavio Santos $175,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Kacel Tomas $295,000 Pntn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merino Octavio Santos $169,653
Previous Owner Kacel Tomas $280,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2016 10/07/16 Sold $174,900 0.0% $162 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $174,900 -- $162 / 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 $7,036 $33,000 $10,422 $22,578
2024 $7,036 $30,000 $9,264 $20,736
2023 $6,839 $30,000 $9,264 $20,736
2022 $6,839 $30,000 $9,264 $20,736
2021 $5,693 $21,852 $7,527 $14,325
2020 $5,666 $21,852 $7,527 $14,325
2019 $5,611 $24,280 $7,527 $16,753
2018 $5,968 $23,392 $6,658 $16,734
2017 $5,880 $23,392 $6,658 $16,734
2016 $5,806 $23,392 $6,658 $16,734
2015 $6,100 $22,801 $5,790 $17,011
2014 $5,988 $22,801 $5,790 $17,011
2013 $5,279 $22,801 $5,790 $17,011
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09281959

Midwest Real Estate Data (MRED)

APN: 09-21-311-003-0000