NOT LISTED FOR SALE

262 S Cumberland Pkwy Des Plaines, IL 60016

Estimated Value: $360,000 - $401,023

2 Beds
2 Baths
1,179 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $215,000 $182 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,593/month

37 Days on Market

Highlights

  • Georgian Architecture
  • Detached Garage
  • 4-minute walk to Blackhawk Park
  • Terrace Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of August 2015

All brick 2 story, Georgian just blocks from the train! 2 big bedrooms and 1 and 1/2 baths. Separate family room on the main floor and a freshly finished basement with an additional rec room/man-cave and lots of closets! All new in the last year or 2 are the roof, gutters, windows and doors, appliances, plumbing and electric! Refinished hardwood floors on the main level and more hardwood upstairs under the carpet!

Last Agent to Sell the Property

Paul Viken

HomeSmart Connect LLC License #475107991 Listed on: 05/03/2015

HomeSmart Connect LLC

Last Buyer's Agent

Heidi Papa

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,026

Year Built

  • 1945

Lot Details

  • 10,454

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Georgian Architecture
  • Brick Exterior Construction

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,026

Year Built

1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Georgian
  • Type Detached: 2 Stories
  • Estimated Year Built: 1945
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1945

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 18X11, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 15X8, On Level: Lower
  • Dining Room: Dimensions: 9X8, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X8, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 18X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X9, On Level: 2nd Level
  • Estimated Sq Ft: 1179
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 14X12, On Level: Main Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.2454

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 214
  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: 55X221X52X205
  • Parcel Identification Number: 09181020170000

Tax Info

  • Taxes: 5573.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2015
Closed on
Aug 21, 2015
Sold by
Dahlin Joseph and Dahlin Katie
Bought by
Davis Stephen M and Davis Julia A
Seller's Agent
Paul Viken
HomeSmart Connect LLC
Buyer's Agent
Heidi Papa
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$238,500
Sold Price
$215,000
Premium/Discount to List
-$23,500
-9.85%
Current Estimated Value
$383,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,756
Avg. Annual Appreciation
5.66%
Original Mortgage
$130,000
Outstanding Balance
$102,663
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$270,438

Purchase Details

Listed on
Dec 20, 2011
Closed on
May 9, 2012
Sold by
Fannie Mae
Bought by
Dahlin Joseph and Dahlin Katie
Seller's Agent
Jack Kosycarz
Clickinvest, Inc
Buyer's Agent
Amy Diamond
@properties Christie's International Real Estate
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.06%

Purchase Details

Closed on
Dec 10, 2010
Sold by
Papuga
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 24, 2007
Sold by
Petkov Valentin
Bought by
Papuga Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 3, 2006
Sold by
Kostov Petia
Bought by
Petkov Valentin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 26, 2003
Sold by
Hadfield Sean M and Hadfield Jill C
Bought by
Kostov Petia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
6.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 28, 1999
Sold by
Goebel Reinhold and Goebel Hedwig
Bought by
Hadfield Sean M and Hadfield Jill C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,536
Interest Rate
7.78%
Mortgage Type
FHA
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
Davis Stephen M $215,000 First American Title
Dahlin Joseph $110,000 Git
Federal National Mortgage Association -- None Available
Papuga Tara $340,000 Chicago Title Insurance Co
Petkov Valentin $270,000 1St American Title
Kostov Petia -- Pntn
Hadfield Sean M $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Stephen M $130,000
Previous Owner Dahlin Joseph $38,200
Previous Owner Dahlin Joseph $144,000
Previous Owner Papuga Tara $323,000
Previous Owner Petkov Valentin $216,000
Previous Owner Petkov Valentin $54,000
Previous Owner Kostov Petia $188,100
Previous Owner Kostov Petia $188,500
Previous Owner Kostov Petia $188,800
Previous Owner Hadfield Sean M $10,000
Previous Owner Hadfield Sean M $179,900
Previous Owner Hadfield Sean M $178,023
Previous Owner Hadfield Sean M $178,180
Previous Owner Hadfield Sean M $178,427
Previous Owner Hadfield Sean M $177,536
Closed Kostov Petia $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $215,000 -4.2% $182 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
06/05/2015 06/05/15 Price Changed $224,500 -2.2% $190 / Sq Ft
05/18/2015 05/18/15 Price Changed $229,500 -3.8% $195 / Sq Ft
05/03/2015 05/03/15 For Sale $238,500 +116.8% $202 / Sq Ft
05/29/2012 05/29/12 Sold $110,000 +0.1% $93 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
04/04/2012 04/04/12 Price Changed $109,900 -8.3% $93 / Sq Ft
04/03/2012 04/03/12 For Sale $119,900 0.0% $102 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
03/10/2012 03/10/12 For Sale $119,900 +9.0% $102 / Sq Ft
03/07/2012 03/07/12 Off Market $110,000 -- --
02/25/2012 02/25/12 Price Changed $119,900 -7.7% $102 / Sq Ft
01/26/2012 01/26/12 Price Changed $129,900 -7.1% $110 / Sq Ft
12/20/2011 12/20/11 For Sale $139,900 -- $119 / 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 $6,026 $28,823 $8,016 $20,807
2023 $5,832 $28,823 $8,016 $20,807
2022 $5,832 $28,823 $8,016 $20,807
2021 $5,894 $25,170 $6,412 $18,758
2020 $5,919 $25,170 $6,412 $18,758
2019 $5,772 $27,622 $6,412 $21,210
2018 $5,366 $24,126 $5,611 $18,515
2017 $5,303 $24,126 $5,611 $18,515
2016 $6,010 $24,126 $5,611 $18,515
2015 $5,841 $21,944 $4,809 $17,135
2014 $5,734 $21,944 $4,809 $17,135
2013 $5,574 $21,944 $4,809 $17,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08910428

Midwest Real Estate Data (MRED)

APN: 09-18-102-017-0000