NOT LISTED FOR SALE

477 Graceland Ave Unit 2A Des Plaines, IL 60016

Estimated Value: $161,802 - $179,000

1 Bed
1 Bath
-- Sq Ft
$289/mo HOA Fee

Last Sold August 29, 2023

Last sale price $151,000

Est. 12% increase in value since last sale

Current estimated payment $1,415/month

23 Days on Market

Highlights

  • End Unit
  • Elevator
  • Ceramic Tile Flooring
  • Maine West High School Rated A-
  • Laundry Room
  • 4-minute walk to Menominee Park

About This Home

As of August 2023

Fantastic opportunity in downtown Des Plaines! Large one bedroom, one bathroom condominium in elevator building with updated kitchen and bathroom. Double closets in bedroom. Laundry on the same floor. Shopping, restaurants, post office and Metra train are just a short distance! Parking space #22

Last Agent to Sell the Property

Patti Furman

Coldwell Banker Realty License #475144230 Listed on: 06/24/2023

Coldwell Banker Realty

Last Buyer's Agent

Gregorio Cirone

xr realty License #471003959

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,832

Year Built

  • Built in 1975

Lot Details

  • End Unit

HOA Fees

  • $289 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Assigned Parking

Schools

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

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

Overview

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

Amenities

  • Coin Laundry
  • Elevator

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,832

Year Built

Built in 1975

Lot Details

0

HOA Fees

$289 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: 1975
  • 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: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: End Unit
  • List Price: 139900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Window/Wall Unit - 1
  • Heating: Steam, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 289
  • Association Amenities: Coin Laundry, Elevator(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self managed
  • Management Contact Name: JEFF
  • Management Phone: 847-635-9236
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, 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

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1831.6
  • Tax Year: 2021

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2023
Closed on
Aug 2, 2023
Sold by
Freddie Mac Seasoned Loans Structured Tr
Bought by
Peters Devil and Randazzo Francesca
Seller's Agent
Patti Furman
Coldwell Banker Realty
Buyer's Agent
Gregorio Cirone
xr realty
List Price
$139,900
Sold Price
$151,000
Premium/Discount to List
$11,100
7.93%
Views
324
Current Estimated Value
$169,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,451
Avg. Annual Appreciation
5.72%
Original Mortgage
$128,000
Outstanding Balance
$111,031
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$57,077

Purchase Details

Closed on
Jan 20, 2023
Sold by
Intercounty Judicial Sales Corporation
Bought by
Freddie Mac Seasoned Loans Structured Transac

Purchase Details

Closed on
May 19, 2004
Sold by
Pun Margaret K Y
Bought by
Bozyk Agnieszka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2003
Sold by
Lynn Patrick J
Bought by
Pun Margaret K Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,950
Interest Rate
5.5%

Purchase Details

Closed on
Aug 21, 2001
Sold by
Lewis William D and Lewis Nancy R
Bought by
Lynn Patrick J

Purchase Details

Closed on
Dec 16, 1994
Sold by
Lewis William D and Lewis Nancy Rhoda
Bought by
Lewis William D and Lewis Nancy R
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
Peters Devil $151,000 None Listed On Document
Freddie Mac Seasoned Loans Structured Transac -- Premier Title
Bozyk Agnieszka $127,000 Pntn
Pun Margaret K Y $117,000 Pntn
Lynn Patrick J $80,000 Chicago Title Insurance Co
Lewis William D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Devin $128,000
Previous Owner Bozyk Agnieszka $127,000
Previous Owner Pun Margaret K Y $110,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $151,000 +7.9% --
07/18/2023 07/18/23 Pending -- -- --
06/24/2023 06/24/23 For Sale $139,900 -- --
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 $2,280 $11,962 $602 $11,360
2023 $2,198 $11,962 $602 $11,360
2022 $2,198 $11,962 $602 $11,360
2021 $1,832 $9,289 $489 $8,800
2020 $1,870 $9,289 $489 $8,800
2019 $1,863 $10,352 $489 $9,863
2018 $757 $5,968 $432 $5,536
2017 $762 $5,968 $432 $5,536
2016 $964 $5,968 $432 $5,536
2015 $836 $5,389 $376 $5,013
2014 $835 $5,389 $376 $5,013
2013 $796 $5,389 $376 $5,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11816233

Midwest Real Estate Data (MRED)

APN: 09-17-402-173-1007