NOT LISTED FOR SALE

477 Graceland Ave Unit 2E Des Plaines, IL 60016

Estimated Value: $164,028 - $180,000

1 Bed
1 Bath
-- Sq Ft
$242/mo HOA Fee

Last Sold April 01, 2022

Last sale price $125,000

Est. 38% increase in value since last sale

Current estimated payment $1,400/month

1 Day on Market

Highlights

  • Open Floorplan
  • Lock-and-Leave Community
  • Living Room
  • Maine West High School Rated A-
  • L-Shaped Dining Room
  • 4-minute walk to Menominee Park

About This Home

As of April 2022

LOCATION...LOCATION...Walk to Everything in the Heart of Des Plaines. 1 block to train, shopping and restaurants. Why Rent When You Can OWN. Just unpack and enjoy - open plan - CORNER UNIT with East & South exposures - flexicore concrete construction. L-shape dining room to entertain. Completely remodeled interior - here is what has been improved since current owner's purchase: New in 2020: Complete bathroom remodel/new: vanity, fixtures, toilet, granite countertop and window jams, ceramic tile floor and surround, new window treatments (plantation blinds). New in 2019: Air conditioner unit. New in 2018: kitchen cabinets, counter tops - natural stone, subway tile backsplash, all new stainless steel appliances, new flooring throughout - luxury vinyl planking, all new light fixtures and closet doors, dining room ceiling light with fan. Laundry and storage on same floor. Assessment includes everything but electric. Great Value at a Reasonable Price. Assigned Parking Space #30 and Storage unit 2E Included. Elevator building.

Last Agent to Sell the Property

Mark Kloss

@properties Christie's International Real Estate License #475078915 Listed on: 03/09/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Margaret Sersen

Redfin Corporation License #475175228

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,653

Year Built

  • Built in 1973 | Remodeled in 2018

Lot Details

  • 0.52

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Flexicore

Interior Spaces

  • 4-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • L-Shaped Dining Room
  • Storage
  • Laundry on upper level
  • Laminate Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Accessible Home Design

  • Accessibility Features
  • Ramp on the main level

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 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
  • Property managed by Graceland Terrace
  • Lock-and-Leave Community

Amenities

  • Coin Laundry
  • Community Storage Space
  • Elevator

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,653

Year Built

Built in 1973 | Remodeled in 2018

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1973
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2018
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2018

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: None
  • Accessibility Features: Ramp - Main Level
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Wood Laminate Floors, Second Floor Laundry, Storage, Flexicore, Open Floorplan
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 124500
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 242
  • Association Amenities: Coin Laundry, Elevator(s), Storage, Security Door Lock(s), Ceiling Fan, Laundry
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Graceland Terrace
  • 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: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 1653.19
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Apr 8, 2022
Sold by
Schulze Stephanie M
Bought by
Nava Daniel
Seller's Agent
Mark Kloss
@properties Christie's International Real Estate
Buyer's Agent
Margaret Sersen
Redfin Corporation
List Price
$124,500
Sold Price
$125,000
Premium/Discount to List
$500
0.4%
Current Estimated Value
$172,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,007
Avg. Annual Appreciation
9.49%

Purchase Details

Listed on
Mar 9, 2022
Closed on
Mar 30, 2022
Sold by
Schulze Stephanie M
Bought by
Nava Daniel
Seller's Agent
Mark Kloss
@properties Christie's International Real Estate
Buyer's Agent
Margaret Sersen
Redfin Corporation
List Price
$124,500
Sold Price
$125,000
Premium/Discount to List
$500
0.4%

Purchase Details

Listed on
May 18, 2018
Closed on
Jul 6, 2018
Sold by
Russo Josephine
Bought by
Schulze Stephanie M
Seller's Agent
Mary F Robbins
Baird & Warner
Buyer's Agent
Mark Kloss
@properties Christie's International Real Estate
List Price
$99,900
Sold Price
$92,000
Premium/Discount to List
-$7,900
-7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$73,600
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 1994
Sold by
Brandt Patricia R and Monaghen Patricia
Bought by
Russo Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.51%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nava Daniel $125,000 --
Nava Daniel $125,000 None Listed On Document
Schulze Stephanie M $92,000 Baird & Warner Title Service
Russo Josephine $38,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schulze Stephanie M $73,600
Previous Owner Russo Josephine $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2022 04/01/22 Sold $125,000 +0.4% --
03/11/2022 03/11/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $124,500 +35.3% --
07/06/2018 07/06/18 Sold $92,000 -7.9% $102 / Sq Ft View Prior Sale
06/05/2018 06/05/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $99,900 -- $111 / 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 $2,910 $11,041 $556 $10,485
2023 $1,960 $11,041 $556 $10,485
2022 $1,960 $11,041 $556 $10,485
2021 $1,612 $8,573 $451 $8,122
2020 $1,653 $8,573 $451 $8,122
2019 $1,648 $9,554 $451 $9,103
2018 $0 $5,508 $399 $5,109
2017 $0 $5,508 $399 $5,109
2016 $126 $5,508 $399 $5,109
2015 $144 $4,974 $347 $4,627
2014 $712 $4,974 $347 $4,627
2013 $677 $4,974 $347 $4,627
Source: Public Records

Agents Affiliated with this Home

  • Mark Kloss

    Seller's Agent in 2022

    Mark Kloss

    @ Properties

    (847) 456-8860

    6 in this area

    168 Total Sales

    Mark Kloss
    Section Image
  • Mary F Robbins

    Seller's Agent in 2018

    Mary F Robbins

    Baird Warner

    (773) 851-4500

    37 Total Sales

    Mary F Robbins
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11342613

Midwest Real Estate Data (MRED)

APN: 09-17-402-173-1011

Illinois Cook County Des Plaines 60016

477 Graceland Ave Unit 2E, Des Plaines, IL

This home is located at 477 Graceland Ave Unit 2E, Des Plaines, IL 60016 since 09 March 2022 and is currently estimated at $172,007. This property was built in 1973. 477 Graceland Ave Unit 2E is a home located in Cook County with nearby schools including North Elementary School, Chippewa Middle School, and Maine West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes