NOT LISTED FOR SALE

318 Laurel Ave Des Plaines, IL 60016

Estimated Value: $418,000 - $444,000

2 Beds
3 Baths
1,971 Sq Ft
$217/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $300,000 $152 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,105/month

126 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Walk-In Pantry
  • Maine West High School Rated A-
  • Home Office
  • 3-minute walk to Menominee Park

About This Home

As of September 2020

Elegant 2 bed/2.5 bath & separated bed/office townhome in Lexington Park! Features beautiful hardwoods throughout main living areas. Open space through living, dining, and kitchen. All stainless steel appliances with modern ceramic back splash, granite counters. Balcony for barbecuing and entertaining. Custom Paint in July 2016 and updated light fixtures through whole home. Spacious first-floor den/family room/workout room. Vaulted ceiling master suite w/ private bath, dual sinks and glass shower. Great location close to schools, parks, restaurants, commuter train, shopping, etc!

Last Agent to Sell the Property

Dora Yen

Realty 8 Inc. License #471003179 Listed on: 04/04/2020

Co-Listed By

Richard Yen

Realty 8 Inc. License #471019593

Last Buyer's Agent

Mark Schiltz

Coldwell Banker Stratford Place License #475116935

Coldwell Banker Stratford Place

Townhouse Details

Home Type

  • Townhome

Year Built

  • 2012

Lot Details

  • 1,089

HOA Fees

  • $177 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Home Office
  • Wood Flooring
  • Finished Basement
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Townhouse Details

Home Type

Townhome

Year Built

2012

Lot Details

0

HOA Fees

$177 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2012
  • Tax Exemptions: Homeowner
  • Type Attached: T3-Townhouse 3+ Stories
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Built: 2012

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 13X13, On Level: 2nd Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: TV-Cable, Fire Sprinklers, CO Detectors, Ceiling Fan
  • Basement: Partial
  • Basement: Finished
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Full Body Spray Shower
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 13X8, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X15, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Office
  • Master Bedroom: Dimensions: 13X15, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 9X15, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X14, On Level: 3rd Level, Flooring: Carpet
  • Estimated Sq Ft: 1971
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 15X13, On Level: Lower, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Exterior Building Type: Vinyl Siding, Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Master Association Fee: Yes
  • Assessment Association Fees: 177
  • Management Contact Name: Ryan Newland
  • Management Phone: 847-459-1222

Fee Information

  • Management Company: Foster Premier

Schools

  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: 21X52
  • Parcel Identification Number: 09172140110000

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 3

Tax Info

  • Taxes: 7294.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2016
Closed on
Jun 20, 2016
Sold by
Liu Lina and Panowko Nicholas
Bought by
Yeh Shu Hou and Chung Kuo Ling
Seller's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
Buyer's Agent
Kari Kohler
Coldwell Banker Realty
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$427,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,294
Avg. Annual Appreciation
3.79%
Original Mortgage
$240,000
Outstanding Balance
$189,006
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$239,168

Purchase Details

Closed on
Feb 26, 2010
Sold by
Lexington Des Plaines Llc
Bought by
Liu Lina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yeh Shu Hou $300,000 Attorneys Title Guaranty Fun
Liu Lina $280,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeh Shu Hou $240,000
Previous Owner Liu Lina $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2020 09/18/20 Sold $300,000 -1.3% $152 / Sq Ft
09/18/2020 09/18/20 For Sale $304,000 +1.3% $154 / Sq Ft
08/12/2020 08/12/20 Off Market $300,000 -- --
08/09/2020 08/09/20 For Sale $304,000 0.0% $154 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
07/09/2020 07/09/20 Price Changed $304,000 -1.6% $154 / Sq Ft
06/03/2020 06/03/20 Price Changed $309,000 -1.9% $157 / Sq Ft
04/04/2020 04/04/20 For Sale $315,000 0.0% $160 / Sq Ft
12/31/2018 12/31/18 Rented $2,200 0.0% --
12/20/2018 12/20/18 Under Contract -- -- --
11/16/2018 11/16/18 For Rent $2,200 0.0% --
06/24/2016 06/24/16 Sold $300,000 0.0% $152 / Sq Ft View Prior Sale
05/09/2016 05/09/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $300,000 -- $152 / 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 $8,315 $40,000 $4,176 $35,824
2024 $8,315 $31,536 $5,499 $26,037
2023 $8,115 $31,536 $5,499 $26,037
2022 $8,115 $31,536 $5,499 $26,037
2021 $7,880 $25,634 $714 $24,920
2020 $6,809 $25,634 $714 $24,920
2019 $6,742 $28,483 $714 $27,769
2018 $7,294 $27,825 $631 $27,194
2017 $7,183 $27,825 $631 $27,194
2016 $7,038 $27,825 $631 $27,194
2015 $6,227 $20,599 $714 $19,885
2014 $6,096 $20,599 $714 $19,885
2013 $5,944 $20,599 $714 $19,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10683670

Midwest Real Estate Data (MRED)

APN: 09-17-214-011-0000