NOT LISTED FOR SALE

2531 Peter Rd Des Plaines, IL 60018

Estimated Value: $405,000 - $452,609

3 Beds
2 Baths
2,270 Sq Ft
$189/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $400,000 $176 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,729/month

2 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Central Air
  • Algonquin Middle School Rated A-
  • Storage Room
  • Combination Kitchen and Dining Room

About This Home

As of August 2024

Super cute ranch home. 3 bedrooms and 2 bathrooms. Just painted throughout, new roof in 2021 with transferrable warranty, spacious kitchen, granite countertops and tons of storage. Updated bathrooms, extra entertainment and storage in the lower level. Carefree concrete patio and serene back yard. Room for entertaining inside and out. Great location close to transportation and shopping. Highly sought after area! Schedule a showing today.

Last Agent to Sell the Property

Cheryl Shurtz

RE/MAX Suburban License #471003099 Listed on: 07/22/2024

RE/MAX Suburban

Co-Listed By

Chris Gregor

RE/MAX Suburban License #475171001

Last Buyer's Agent

Freddy Youkhanna

Coldwell Banker Real Estate Group License #475199853

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,338

Year Built

  • Built in 1959

Lot Details

  • 7,057 Sq Ft Lot
  • Lot Dimensions are 55x126

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,270 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Storage Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Orchard Place Elementary School
  • Iroquois Community Middle School

Utilities

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

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,338

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1959
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 1100
  • LivingArea: 2270
  • Room Type: Storage
  • Estimated Total Finished Sq Ft: 2270
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1170
  • Basement Sq Ft: 1100
  • Total Sq Ft: 2270
  • Upper Level Sq Ft: 1170
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 385000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • 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
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Orchard Place Elementary School
  • Middle/Junior School: Iroquois Community School
  • Middle/Junior School District: 62

Lot Info

  • Lot Size Acres: 0.162
  • Lot Dimensions: 55X126
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5338
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Aug 15, 2024
Sold by
Tom Meiyu
Bought by
Merza Karoline and Merza Ashor
Seller's Agent
Cheryl Shurtz
RE/MAX Suburban
Buyer's Agent
Freddy Youkhanna
Coldwell Banker Real Estate Group
List Price
$385,000
Sold Price
$400,000
Premium/Discount to List
$15,000
3.9%
Views
99
Current Estimated Value
$427,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,902
Avg. Annual Appreciation
6.38%
Original Mortgage
$350,000
Outstanding Balance
$346,165
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$81,737

Purchase Details

Closed on
Sep 21, 2007
Sold by
Chan Wai and Chan Ng Wai Shan
Bought by
Thomas Tom Meiyu and Thomas Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Merza Karoline $400,000 None Listed On Document
Thomas Tom Meiyu -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merza Karoline $350,000
Previous Owner Thomas Tom Meiyu $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $400,000 +3.9% $176 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $385,000 -- $170 / 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 $5,520 $26,902 $5,280 $21,622
2023 $5,338 $26,902 $5,280 $21,622
2022 $5,338 $26,902 $5,280 $21,622
2021 $3,783 $18,302 $4,400 $13,902
2020 $3,843 $18,302 $4,400 $13,902
2019 $3,873 $20,565 $4,400 $16,165
2018 $3,403 $17,561 $3,872 $13,689
2017 $5,159 $17,561 $3,872 $13,689
2016 $3,690 $17,561 $3,872 $13,689
2015 $6,002 $19,852 $3,344 $16,508
2014 $4,572 $19,852 $3,344 $16,508
2013 $3,886 $19,852 $3,344 $16,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12113184

Midwest Real Estate Data (MRED)

APN: 09-33-101-036-0000