NOT LISTED FOR SALE

296 Springfield Terrace Des Plaines, IL 60018

Estimated Value: $423,000 - $493,000

3 Beds
2 Baths
1,219 Sq Ft
$376/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $385,000 $316 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,166/month

17 Days on Market

Highlights

  • Detached Garage
  • Central Air
  • 2-minute walk to Rosemary S. Argus Friendship Park
  • Elk Grove High School Rated A
  • Senior Tax Exemptions

About This Home

As of May 2021

Multiple Offers, HIGHEST & BEST DUE BY SUNDAY 02/14- 5:00 P.M. Everything new, Location is second to none. half block to Devonshire school, 4 houses from Friendship Trail entrance & Friendship Park & Conservatory. Completely remodeled split level with 2 full baths, fully permitted & inspected. Huge Lot, Easy to show, code upon Showing Time confirmation, Member of LLC (Owner) is licensed Real Estate Broker

Last Agent to Sell the Property

Michael Lyle

HomeSmart Connect LLC License #475106279 Listed on: 02/26/2021

HomeSmart Connect LLC

Last Buyer's Agent

Arthuro Miranda

HomeSmart Connect License #475181098

HomeSmart Connect

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1963 | 2021

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Year Built | Renovated

1963 | 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Rebuilt(yn): Yes
  • Rebuilt Year: 2021
  • Rehab Year: 2021
  • Total Full or Half Bathrooms: 2
  • Type Detached: Split Level
  • Estimated Year Built: 1963
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963
  • Year Renovated: 2021

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X25, On Level: Main Level, Flooring: Other
  • Basement: Partial
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 10X17, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X11, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1219
  • Family Room: Dimensions: 12X26, On Level: Lower

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Acreage: 0.188

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 59

Lot Info

  • Lot Dimensions: 69X166X55X142
  • Parcel Identification Number: 08244080230000

Tax Info

  • Taxes: 1142.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 6, 2021
Sold by
Mal Holdings Llc
Bought by
Torres Maria
Seller's Agent
Michael Lyle
HomeSmart Connect LLC
Buyer's Agent
Arthuro Miranda
HomeSmart Connect
List Price
$369,900
Sold Price
$385,000
Premium/Discount to List
$15,100
4.08%
Current Estimated Value
$464,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,466
Avg. Annual Appreciation
3.80%
Original Mortgage
$378,026
Outstanding Balance
$339,829
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$118,110

Purchase Details

Closed on
Nov 17, 2020
Sold by
Lyle Kelly
Bought by
Mal Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,165,950
Interest Rate
2.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2020
Sold by
Vanbuskirk Paul R and Leibforth Nancy
Bought by
Lyle Kelly

Purchase Details

Closed on
Apr 7, 2020
Sold by
Leibforth Nancy and Estate Of Mary Lou Buskirk
Bought by
Lyle Kelly

Purchase Details

Closed on
Aug 29, 2005
Sold by
Vanbuskirk John R
Bought by
Vanbuskirk John R
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
Torres Maria $385,000 Heritage Title Company
Mal Holdings Llc -- Chicago Title
Lyle Kelly $87,500 Chicago Title
Lyle Kelly $87,500 Chicago Title
Vanbuskirk John R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Maria $378,026
Previous Owner Mal Holdings Llc $1,165,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $385,000 +4.1% $316 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $369,900 0.0% $303 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $369,900 -- $303 / 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 $8,868 $37,001 $8,600 $28,401
2024 $8,868 $35,000 $7,371 $27,629
2023 $8,479 $35,000 $7,371 $27,629
2022 $8,479 $35,000 $7,371 $27,629
2021 $4,981 $17,927 $4,914 $13,013
2020 $1,137 $17,927 $4,914 $13,013
2019 $1,143 $19,919 $4,914 $15,005
2018 $1,294 $24,199 $4,095 $20,104
2017 $1,248 $24,199 $4,095 $20,104
2016 $1,794 $24,199 $4,095 $20,104
2015 $2,012 $20,129 $3,685 $16,444
2014 $1,948 $20,129 $3,685 $16,444
2013 $1,952 $20,129 $3,685 $16,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11004743

Midwest Real Estate Data (MRED)

APN: 08-24-408-023-0000