$440,000
SOLD DEC 30, 2024

408 Tracy Terrace Des Plaines, IL 60016

3 Beds
2 Baths
1,654 Sq Ft
7,144 Sq Ft Lot

Recently Sold

$266 Per Sq Ft

2% Below List Price

21 Days on Market

Highlights

  • Stainless Steel Appliances
  • 2 Car Attached Garage
  • Living Room
  • Cumberland Elementary School Rated A
  • Walk-In Closet
  • Laundry Room

About This Home

As of December 2024

Updated Brick Ranch in Des Plaines- Welcome Home! New popular LVT flooring, carpet and freshly painted throughout. Master suite with full master bath and walk in closet. Enjoy your Living Room fireplace. Full basement. 2 Car attached garage. This is a must see! Close to all accommodations including schools, parks, shops, restaurants and more! Not for rent or lease.

Last Agent to Sell the Property

Christopher Lobrillo

Grandview Realty, LLC License #471019567 Listed on: 11/14/2024

Co-Listed By

Lynda Sanchez-Werner

Grandview Realty, LLC License #475178706

Last Buyer's Agent

Dave Blum

Baird & Warner License #475173110

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,881

Year Built

  • Built in 1977

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,654 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,881

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1654
  • Room Type: Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • List Price: 449900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 62

Lot Info

  • Lot Dimensions: 7139
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 8881.12
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Dec 16, 2024
Sold by
Grandview Homes 1 Llc
Bought by
Kim Tok Y and Kim Soon R
Seller's Agent
Christopher Lobrillo
Grandview Realty, LLC
Buyer's Agent
Dave Blum
Baird & Warner
List Price
$449,900
Sold Price
$440,000
Premium/Discount to List
-$9,900
-2.2%
Views
53
Current Estimated Value
$465,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,923
Avg. Annual Appreciation
7.72%
Original Mortgage
$352,000
Outstanding Balance
$349,258
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$116,665

Purchase Details

Closed on
Sep 24, 2024
Sold by
Chicago Title Land Trust Company
Bought by
Grandview Homes 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,625
Interest Rate
8%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Warranty Deed $440,000 None Listed On Document
Warranty Deed $440,000 None Listed On Document
Deed $331,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,000 New Conventional
Closed $352,000 New Conventional
Previous Owner $248,625 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2024 12/30/24 Sold $440,000 0.0% $266 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
11/30/2024 11/30/24 Off Market $440,000 -- --
11/14/2024 11/14/24 For Sale $449,900 -- $272 / 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 $8,881 $37,000 $7,125 $29,875
2023 $8,641 $37,000 $7,125 $29,875
2022 $8,641 $37,000 $7,125 $29,875
2021 $7,582 $27,996 $5,521 $22,475
2020 $7,523 $27,996 $5,521 $22,475
2019 $7,449 $31,107 $5,521 $25,586
2018 $7,791 $29,485 $4,809 $24,676
2017 $7,671 $29,485 $4,809 $24,676
2016 $7,499 $29,485 $4,809 $24,676
2015 $6,689 $24,749 $4,096 $20,653
2014 $6,564 $24,749 $4,096 $20,653
2013 $6,383 $24,749 $4,096 $20,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12205036

Midwest Real Estate Data (MRED)

APN: 09-07-212-019-0000