NOT LISTED FOR SALE

344 Graceland Ave Unit 1N Des Plaines, IL 60016

Estimated Value: $408,000 - $425,720

3 Beds
3 Baths
1,900 Sq Ft
$350/mo HOA Fee

Last Sold September 17, 2021

Last sale price $308,000 $162 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,304/month

8 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Forced Air Heating and Cooling System
  • Maine West High School Rated A-
  • 1 Car Detached Garage
  • 4-minute walk to Menominee Park

About This Home

As of September 2021

Exquisite and stunning 3 bed 3 full bath condo located in highly sought after downtown Des Plaines! This home is elegant and neutrally decorated. Abundant natural light throughout! Stunning kitchen with a breakfast bar, granite counters, tall cabinets that opens up to the balcony-you're going to want to start your mornings here! Open concept living room and dining room make this a multi-functional and flexible space for today's modern lifestyle. Plenty of room to host that dinner party you've been wanting to have! Wood burning fireplace- perfect for cozying up to when it's brisk out. Master suite that features a grand master bath with a double sink and maple vanity. Balcony access off of one of the extra bedrooms as well. Lower level family room ideal for movie night, game night or turning into your workout space-really, the possibilities are endless! Laundry is located in the unit. Storage space. One car parking space in the garage and one additional parking space in the parking lot. Walk to the train station, local parks, restaurants, forest preserve, and the newly renovated Des Plaines Theatre! Make your best memories here!

Last Agent to Sell the Property

Veronica Patino-Morales

Berkshire Hathaway HomeServices Starck Real Estate License #475139390 Listed on: 07/27/2021

Berkshire Hathaway HomeServices Starck Real Estate

Co-Listed By

Alyssa Husfield

Berkshire Hathaway HomeServices Starck Real Estate License #475122128

Last Buyer's Agent

Lena Bondar

@properties Christie's International Real Estate License #471014815

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,093

Year Built

  • Built in 2003

Lot Details

  • 0.4

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,900 Sq Ft Home
  • 4-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Finished Basement

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

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Kate Kapolnek Association, Phone Number (224) 639-3931

Pet Policy

  • Pets up to 60 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,093

Year Built

Built in 2003

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1900
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Bedroom 2 Flooring: Carpet
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Living Room Flooring: Hardwood
  • MRD_MBB: Full
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Dimensions: 13X11
  • Bedroom 3 Flooring: Carpet
  • Living Room Windows: Blinds
  • Master Bedroom Windows: Blinds
  • Family Room Flooring: Carpet
  • Dining Room Windows: Blinds
  • Family Room Windows: Blinds

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 310000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Kate Kapolnek
  • Management Phone: 224-639-3931

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 62

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 60

Tax Info

  • Tax Annual Amount: 5093.21
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Sep 13, 2021
Sold by
Thomas Dustin
Bought by
Mahmood Amina and Mahmood Jana
Seller's Agent
Veronica Patino-Morales
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Lena Bondar
@properties Christie's International Real Estate
List Price
$310,000
Sold Price
$308,000
Premium/Discount to List
-$2,000
-0.65%
Current Estimated Value
$418,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,680
Avg. Annual Appreciation
7.82%
Original Mortgage
$277,200
Outstanding Balance
$252,493
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$166,187

Purchase Details

Listed on
Sep 30, 2015
Closed on
Dec 29, 2015
Sold by
Kim Kyung P and Kim Deborah P
Bought by
Thomas Dustin
Seller's Agent
Marla Schneider
Coldwell Banker Realty
Buyer's Agent
Ryan Peters
Hometown Realty, Ltd.
List Price
$294,000
Sold Price
$275,000
Premium/Discount to List
-$19,000
-6.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$206,250
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2010
Sold by
Kim Kyung P and Kim Deborah P
Bought by
Kim Kyung P and Kim Deborah P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,200
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2005
Sold by
Fritz Bradley J
Bought by
Kim Kyung P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,225
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2005
Sold by
C O C Development Corp
Bought by
Fritz Bradley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2000
Sold by
Buell David
Bought by
Shin James and Shin Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
8.43%
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
Mahmood Amina $308,000 Starck Title Services Llc
Thomas Dustin $275,000 Attorneys Title Guaranty Fun
Kim Kyung P -- Republic Title Company
Kim Kyung P $321,500 Ticor Title Insurance Compan
Fritz Bradley J $290,000 Multiple
Shin James $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmood Amina $277,200
Previous Owner Thomas Dustin $206,250
Previous Owner Kim Kyung P $235,200
Previous Owner Kim Kyung P $48,225
Previous Owner Fritz Bradley J $232,000
Previous Owner Shin James $164,000
Closed Fritz Bradley J $28,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2021 09/17/21 Sold $308,000 -0.6% $162 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $310,000 +12.7% $163 / Sq Ft
12/30/2015 12/30/15 Sold $275,000 -1.4% $145 / Sq Ft View Prior Sale
11/12/2015 11/12/15 Pending -- -- --
10/19/2015 10/19/15 Price Changed $279,000 -5.1% $147 / Sq Ft
09/30/2015 09/30/15 For Sale $294,000 -- $155 / 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 $8,806 $33,401 $2,753 $30,648
2023 $8,594 $33,401 $2,753 $30,648
2022 $8,594 $33,401 $2,753 $30,648
2021 $5,143 $20,061 $2,236 $17,825
2020 $5,125 $20,061 $2,236 $17,825
2019 $5,093 $22,355 $2,236 $20,119
2018 $5,612 $22,200 $1,978 $20,222
2017 $5,530 $22,200 $1,978 $20,222
2016 $5,475 $22,200 $1,978 $20,222
2015 $5,918 $22,200 $1,720 $20,480
2014 $5,810 $22,200 $1,720 $20,480
2013 $6,962 $26,755 $1,720 $25,035
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11166700

Midwest Real Estate Data (MRED)

APN: 09-17-207-073-1001