NOT LISTED FOR SALE

394 W Walnut Ave Des Plaines, IL 60016

Estimated Value: $456,000 - $517,000

4 Beds
2 Baths
1,506 Sq Ft
$320/Sq Ft Est. Value

Last Sold April 24, 2014

Last sale price $250,000 $166 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,220/month

9 Days on Market

Highlights

  • Home Office
  • Attached Garage
  • Southern Exposure
  • Elk Grove High School Rated A
  • Central Air
  • 3-minute walk to Einstein Park Playground

About This Home

As of April 2014

NICE AND LARGE SPLIT LEVEL HOUSE ACROSS FROM PARK. HARDWOOD FLOORS, NEWER KITCHEN AND BATS. GOOD CONDITION. ATTACHED 2 CAR GARAGE AND LARGE DECK. SOLD AS IS. SHORT SALE. APPLIANCES ARE NOT INCLUDED IN THE SALE.

Last Agent to Sell the Property

Iliana Deltcheva

Top Realty Group. LLC License #471008277 Listed on: 02/17/2014

Last Buyer's Agent

Kalidas Salvi

Remax Future License #471017458

Remax Future

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,028

Year Built

  • 1968

Lot Details

  • 8,712

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Utilities

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

Additional Features

  • Home Office
  • North or South Exposure
  • Southern Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,028

Year Built

1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bi-Level
  • Type Detached: Split Level
  • Estimated Year Built: 1968
  • Tax Exemptions: Homeowner
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Number Of Rooms: 10
  • Living Room: Dimensions: 28X15, On Level: Main Level, Flooring: Hardwood
  • Fireplace Location: Living Room
  • Basement: Partial
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Den, Office
  • Master Bedroom: Dimensions: 14X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Office, Dimensions: 14X9, On Level: Lower, Flooring: Wood Laminate
  • Additional Room 2 Name: Den, Dimensions: 14X9, On Level: Lower, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X10, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1506
  • Dining Room Type: Separate
  • Family Room: Dimensions: 23X21, On Level: Lower, Flooring: Wood Laminate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: N (North), S (South)
  • Acreage: 0.202

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 214
  • Elementary School: DEVONSHIRE SCHOOL
  • Middle School: FRIENDSHIP JUNIOR HIGH SCHOOL
  • High School: ELK GROVE HIGH SCHOOL
  • Junior High Dist: 59

Lot Info

  • Lot Dimensions: 8800SQFT
  • Parcel Identification Number: 08242040120000

Tax Info

  • Taxes: 6397.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2014
Closed on
Apr 24, 2014
Sold by
Semik Marek and Semik Irena
Bought by
Patel Nathbhai K and Patel Nileshkumar N
Seller's Agent
Iliana Deltcheva
Top Realty Group. LLC
Buyer's Agent
Kalidas Salvi
Remax Future
List Price
$249,000
Sold Price
$250,000
Premium/Discount to List
$1,000
0.4%
Current Estimated Value
$481,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,240
Avg. Annual Appreciation
5.25%
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2001
Sold by
Garcia Simon and Garcia Marisol
Bought by
Semik Marek and Semik Irena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
6.87%

Purchase Details

Closed on
Apr 23, 1999
Sold by
Schulte Daniel A and Schulte Nancy A
Bought by
Garcia Simon and Garcia Marisol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.17%

Purchase Details

Closed on
Jan 1, 1994
Sold by
Malapanes James W and Malapanes Betty J
Bought by
Schulte Daniel A and Schulte Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,100
Interest Rate
7.29%
Source: Public Records

Range of Values:

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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
Patel Nathbhai K $250,000 None Available
Semik Marek $302,000 --
Garcia Simon $245,000 --
Schulte Daniel A $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Nathbhai K $200,000
Previous Owner Semik Marek $222,000
Previous Owner Garcia Simon $215,000
Previous Owner Schulte Daniel A $197,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2014 04/24/14 Sold $250,000 +0.4% $166 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $249,000 -- $165 / 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 $8,028 $32,257 $7,920 $24,337
2023 $7,650 $35,000 $7,920 $27,080
2022 $7,650 $35,000 $7,920 $27,080
2021 $6,474 $26,630 $5,280 $21,350
2020 $6,731 $27,870 $5,280 $22,590
2019 $7,656 $30,967 $5,280 $25,687
2018 $8,018 $28,689 $4,400 $24,289
2017 $7,872 $28,689 $4,400 $24,289
2016 $7,405 $28,689 $4,400 $24,289
2015 $5,926 $21,505 $3,960 $17,545
2014 $6,178 $25,241 $3,960 $21,281
2013 $6,030 $25,241 $3,960 $21,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08538884

Midwest Real Estate Data (MRED)

APN: 08-24-204-012-0000