NOT LISTED FOR SALE

477 Graceland Ave Unit 1G Des Plaines, IL 60016

Estimated Value: $174,000 - $221,000

2 Beds
1 Bath
-- Sq Ft
$366/mo HOA Fee

Last Sold June 22, 2023

Last sale price $170,000

Est. 19% increase in value since last sale

Current estimated payment $1,705/month

2 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • L-Shaped Dining Room
  • Maine West High School Rated A-
  • Granite Countertops
  • 4-minute walk to Menominee Park

About This Home

As of June 2023

Wonderful Location! Easy access to highways and only a few blocks to metra train, shopping, restaurants, post office and the Des plaines Theatre. This rarely available 2 bedroom 1 bath is conveniently located on the first floor. Open floor plan with excellent natural light. Freshly painted in light neutral gray. Wainscoating, crown molding,hardwood floors, on trend updated bathroom, new carpet in primary bedroom. Open concept kitchen with natural maple cabinets, granite counters and stainless steel appliances. Abundant storage: Double closets in primary bedroom, large linen closet, pantry closet in kitchen and large closet in front entryway. The assessments include heat,water, gas, exterior maintenance, snow removal, and landscaping. Well maintained elevator building. Assigned parking space #11, storage unit right outside the unit #1G.

Last Agent to Sell the Property

Carin Powell

HomeSmart Connect LLC License #475132967 Listed on: 05/19/2023

HomeSmart Connect LLC

Last Buyer's Agent

Gary Hauch

@properties Christie?s International Real Estate License #475129234

@properties Christie?s International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,595

Year Built

  • Built in 1976

Lot Details

  • 0.52

HOA Fees

  • $366 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Flexicore

Interior Spaces

  • 4-Story Property
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Storage
  • Laundry Room
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • North Elementary School
  • Chippewa Middle School
  • Maine West High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 30 Units
  • Jeff Duncan Association, Phone Number (847) 635-9236
  • Graceland Terrace Subdivision

Amenities

  • Coin Laundry
  • Lobby
  • Community Storage Space
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,595

Year Built

Built in 1976

Lot Details

0

HOA Fees

$366 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Graceland Terrace
  • Year Built: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Storage, Flexicore, Granite Counters, Lobby, Pantry
  • Other Equipment: TV-Cable
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • List Price: 164900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Natural Gas, Steam, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 366
  • Association Amenities: Coin Laundry, Elevator(s), Storage, Intercom
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Jeff Duncan
  • Management Phone: 847-635-9236
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: North Elementary School
  • High School: Maine West High School
  • Middle/Junior School: Chippewa Middle School
  • Middle/Junior School District: 62

Lot Info

  • Lot Dimensions: INTEGRAL
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2595.2
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jun 22, 2023
Sold by
Gil Victoria
Bought by
Hauch Paul E
Seller's Agent
Carin Powell
HomeSmart Connect LLC
Buyer's Agent
Gary Hauch
@properties Christie?s International Real Estate
List Price
$164,900
Sold Price
$170,000
Premium/Discount to List
$5,100
3.09%
Views
58
Current Estimated Value
$202,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,933
Avg. Annual Appreciation
8.11%
Original Mortgage
$153,000
Outstanding Balance
$148,990
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$53,943

Purchase Details

Listed on
Apr 5, 2016
Closed on
Oct 17, 2016
Sold by
Kuntz Walter H and Kuntz Esther
Bought by
Gil Victoria
Seller's Agent
Gretchen Gullo
@properties Christie?s International Real Estate
Buyer's Agent
Carin Powell
HomeSmart Connect LLC
List Price
$129,900
Sold Price
$114,900
Premium/Discount to List
-$15,000
-11.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$91,920
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2014
Sold by
Kuntz David A
Bought by
Kuntz David A and Kuntz Walter H

Purchase Details

Closed on
Nov 11, 2009
Sold by
Ellerman Jason G
Bought by
Kuntz David A

Purchase Details

Closed on
Apr 17, 2006
Sold by
Majewski Pawel
Bought by
Ellerman Jason G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 28, 2003
Sold by
Mohammed Zameeruddin
Bought by
Majewski Pawel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,600
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 1995
Sold by
Duckmann Vernon P
Bought by
Mohammed Zameeruddin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
7.44%
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
Hauch Paul E $170,000 None Listed On Document
Gil Victoria $115,000 Freedom Title Corporation
Kuntz David A -- None Available
Kuntz David A $138,000 Republic Title Company
Ellerman Jason G $175,000 Heritage Title Company
Majewski Pawel $134,000 Atgf Inc
Mohammed Zameeruddin $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hauch Paul E $153,000
Previous Owner Gil Victoria $91,920
Previous Owner Ellerman Jason G $122,500
Previous Owner Majewski Pawel $120,600
Previous Owner Mohammed Zameeruddin $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2023 06/22/23 Sold $170,000 +3.1% --
05/22/2023 05/22/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $164,900 +43.5% --
10/17/2016 10/17/16 Sold $114,900 0.0% -- View Prior Sale
08/26/2016 08/26/16 Pending -- -- --
07/13/2016 07/13/16 Price Changed $114,900 -8.1% --
06/03/2016 06/03/16 Price Changed $124,999 -3.8% --
04/05/2016 04/05/16 For Sale $129,900 -- --
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 $3,113 $15,122 $761 $14,361
2023 $3,011 $15,122 $761 $14,361
2022 $3,011 $15,122 $761 $14,361
2021 $2,586 $11,743 $618 $11,125
2020 $2,611 $11,743 $618 $11,125
2019 $2,599 $13,087 $618 $12,469
2018 $1,229 $7,546 $547 $6,999
2017 $2,217 $7,546 $547 $6,999
2016 $1,403 $7,546 $547 $6,999
2015 $1,267 $6,813 $475 $6,338
2014 $1,256 $6,813 $475 $6,338
2013 $1,207 $6,813 $475 $6,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11787435

Midwest Real Estate Data (MRED)

APN: 09-17-402-173-1005