NOT LISTED FOR SALE

297 King Ln Des Plaines, IL 60016

Estimated Value: $523,866 - $587,000

4 Beds
3 Baths
2,792 Sq Ft
$198/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $425,000 $152 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,563/month

74 Days on Market

Highlights

  • Mature Trees
  • Recreation Room
  • Breakfast Room
  • Elk Grove High School Rated A
  • Wood Flooring
  • 5-minute walk to Einstein Park Playground

About This Home

As of November 2020

Great opportunity for a 3,300 SF move in ready home available with 4 large bedrooms, 2.5 bathroom, 2 wood burning fireplaces, finished basement with wet bar, bonus family room with 2 car attached garage home in Waycinden Park. It doesn't stop there! Plenty of maintenance free yard for your outdoor entertainment. Longtime owner has taken care of this property for 24 years. Quiet & Well Kept Neighborhood. Highly desired Elk Grove School District. Public transportation is nearby. Jump on to major Expressway and less than 10 minute drive to Mt. Prospect/Des Plaines Metra, Cumberland CTA station or O'hare airport. Love the outdoors walking distance to the trails at Einstein Park and Friendship Park Conservatory with lush gardens, walking trails, tennis courts and ball fields.

Last Agent to Sell the Property

Hetal Patel

Fulton Grace Realty License #475180436 Listed on: 07/06/2020

Fulton Grace Realty

Last Buyer's Agent

Odisho Kena

Selective Realty Services Inc License #471012353

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1960 | 2007

Lot Details

  • Fenced Yard
  • Mature Trees

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Shingle Siding

Interior Spaces

  • Wet Bar
  • Wood Burning Fireplace
  • Entrance Foyer
  • Breakfast Room
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Shower Body Spray
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Grill

Location

  • Property is near bus stop

Utilities

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

Community Details

  • Common Area

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built | Renovated

1960 | 2007

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Rehab Year: 2007
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 2493
  • Type Detached: 2 Stories
  • Estimated Year Built: 1960
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 3344
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960
  • Year Renovated: 2007

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, Wood Laminate Floors
  • Number Of Rooms: 10
  • Living Room: Dimensions: 22X13, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Security System, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning
  • Attic: Unfinished
  • Fireplace Location: Family Room, Basement
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Full Body Spray Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 21X13, On Level: Basement, Flooring: Slate, Windows: None
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Kitchen Type: Dimensions: 9X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Additional Rooms: Breakfast Room, Foyer, Recreation Room
  • Master Bedroom: Dimensions: 23X11, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 9X9, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Additional Room 2 Name: Foyer, Dimensions: 7X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 3 Name: Bar, Dimensions: 7X5, On Level: Basement, Flooring: Ceramic Tile
  • Bedroom 3: Dimensions: 12X16, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 4 Name: Recreation Rm, Dimensions: 21X19, On Level: Basement, Flooring: Ceramic Tile, Windows: None
  • Bedroom 4: Dimensions: 11X16, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Estimated Sq Ft: 2792
  • Estimated Total Finished Sq Ft: 3344
  • Basement Sq Ft: 851
  • Basement Finished Sq Ft: 851
  • Main Level Sq Ft: 1320
  • Upper Level Sq Ft: 1173
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X18, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Shingle Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Outdoor Grill
  • Acreage: 0.2057

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 59

Lot Info

  • Lot Dimensions: 8960
  • Lot Description: Common Grounds, Fenced Yard, Mature Trees
  • Parcel Identification Number: 08242030100000

Tax Info

  • Taxes: 7558.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Oct 16, 2020
Sold by
Patel Ajay and Patel Krutika
Bought by
Haddad Samer and Rox Rita
Seller's Agent
Hetal Patel
Fulton Grace Realty
Buyer's Agent
Odisho Kena
Selective Realty Services Inc
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Current Estimated Value
$551,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,967
Avg. Annual Appreciation
5.08%
Original Mortgage
$340,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 1996
Sold by
Mcintosh Elaine A and Doherty Elaine A
Bought by
Patel Ajay and Patel Krutika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Haddad Samer $425,000 Old Republic National Title
Patel Ajay $228,000 Intercounty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haddad Samer $340,000
Previous Owner Patel Ajay $203,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2020 11/05/20 Sold $425,000 -3.2% $152 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/11/2020 09/11/20 Price Changed $439,000 -2.2% $157 / Sq Ft
08/20/2020 08/20/20 Price Changed $449,000 -5.5% $161 / Sq Ft
07/06/2020 07/06/20 For Sale $475,000 -- $170 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $8,737 $52,000 $9,408 $42,592
2024 $8,737 $37,799 $8,064 $29,735
2023 $9,346 $37,799 $8,064 $29,735
2022 $9,346 $42,000 $8,064 $33,936
2021 $8,503 $30,603 $5,376 $25,227
2020 $7,474 $30,603 $5,376 $25,227
2019 $7,559 $34,004 $5,376 $28,628
2018 $8,321 $33,209 $4,480 $28,729
2017 $8,526 $34,451 $4,480 $29,971
2016 $8,248 $34,451 $4,480 $29,971
2015 $7,312 $29,160 $4,032 $25,128
2014 $7,558 $30,307 $4,032 $26,275
2013 $7,381 $30,307 $4,032 $26,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10771696

Midwest Real Estate Data (MRED)

APN: 08-24-203-010-0000

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