NOT LISTED FOR SALE

477 Graceland Ave Unit 2G Des Plaines, IL 60016

Estimated Value: $157,000 - $179,000

1 Bed
1 Bath
-- Sq Ft
$234/mo HOA Fee

Last Sold March 16, 2018

Last sale price $99,750

Est. 64% increase in value since last sale

Current estimated payment $1,200/month

149 Days on Market

Highlights

  • Wood Flooring
  • Galley Kitchen
  • Senior Tax Exemptions
  • Maine West High School Rated A-
  • Baseboard Heating
  • 4-minute walk to Menominee Park

About This Home

As of March 2018

NICE CONDO IN THE HEART OF DOWNTOWN. CLOSE TO TRAIN, SHOPPING, BANKING AND RESTAURANTS. THIS ONE BEDROOM UNIT HAS A SPACIOUS LIVING ROOM AND DINING ROOM AREA WITH THE MORNING SUN COMING IN YOUR WINDOWS. HARDWOOD FLOORS ARE THRU OUT THE CONDO. THE UNIT HAS BEEN FRESHLY PAINTED AND HAS AN UPDATED BATHROOM. ALL APPLIANCES INCLUDED. ALL UPGRADED OAK TRIM INSTALLED WHEN FLOORS WERE INSTALLED. EACH UNIT HAS AN ASSIGNED PARKING SPOT (OURS IS #4). NO NEED TO GO TO THE LOCAL LAUNDROMAT ~ COIN OPERATED LAUNDRY IN THE BUILDING. ASSOCIATION FEE COVERS HEAT, WATER, SCAVENGER AND SNOW REMOVAL. THIS IS BETTER THAN PAYING RENT. WHAT MORE COULD USE ASK FOR? HOW ABOUT A MOTIVATED SELLER? WE HAVE ONE SO BRING US AN OFFER.

Last Agent to Sell the Property

Lisa Kowalenko

Keller Williams Thrive License #471001012 Listed on: 09/08/2017

Keller Williams Thrive

Last Buyer's Agent

Jean Marella

Keller Williams Realty Ptnr,LL License #475137560

Keller Williams Realty Ptnr,LL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $775

Year Built

  • 1976

Lot Details

  • 0.52

HOA Fees

  • $234 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Dishwasher

Home Security

Parking

  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

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

Additional Features

  • Wood Flooring
  • East or West Exposure

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$775

Year Built

1976

Lot Details

0

HOA Fees

$234 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1976
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1976

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors
  • Number Of Rooms: 4
  • Living Room: Dimensions: 11X20, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Basement: Slab
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 9X9, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 8X11, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Dining Room Type: L-shaped

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Storms/Screens
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Street
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Baseboard

Condo/Co-op/Association

  • Max Pet Weight: NON
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Coin Laundry, Elevator, Storage
  • Assessment Includes: Heat, Water, Common Insurance, Security, Scavenger, Snow Removal
  • Assessment Association Fees: 234
  • Management Contact Name: JEFF DUNCAN
  • Management Phone: 847-635-9236

Fee Information

  • Management Company: SELF MANAGED

Schools

  • School District: 207
  • Elementary School: NORTH ELEMENTARY SCHOOL
  • Middle School: CHIPPEWA MIDDLE SCHOOL
  • High School: MAINE WEST HIGH SCHOOL
  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: INTEGRAL
  • Parcel Identification Number: 09174021731013

Multi Family

  • Total Number Unitsin Building: 30
  • Number Stories: 4

Tax Info

  • Taxes: 1569

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2017
Closed on
Mar 13, 2018
Sold by
Chicago Title Land Trust Company
Bought by
Coman Mark
Seller's Agent
Lisa Kowalenko
Keller Williams Thrive
Buyer's Agent
Jean Marella
Keller Williams Realty Ptnr,LL
List Price
$111,000
Sold Price
$99,750
Premium/Discount to List
-$11,250
-10.14%
Current Estimated Value
$163,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,376
Avg. Annual Appreciation
6.57%
Original Mortgage
$79,800
Outstanding Balance
$69,303
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$90,408

Purchase Details

Closed on
Oct 22, 2004
Sold by
Damore Elaine C and Elizabeth D Marino Trust
Bought by
Lasalle Bank Na and Trust #133429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2004
Sold by
Marino Elizabeth D
Bought by
Marino Elizabeth D and The Elizabeth D Marino Trust
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
Coman Mark $100,000 Greater Illinois Title
Lasalle Bank Na $119,000 Pntn
Marino Elizabeth D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coman Mark $79,800
Previous Owner Lasalle Bank Na $95,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $99,750 -5.5% --
02/04/2018 02/04/18 Pending -- -- --
11/03/2017 11/03/17 Price Changed $105,500 -5.0% --
09/08/2017 09/08/17 For Sale $111,000 -- --
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 $775 $11,522 $580 $10,942
2023 $780 $11,522 $580 $10,942
2022 $780 $11,522 $580 $10,942
2021 $1,726 $8,947 $471 $8,476
2020 $1,766 $8,947 $471 $8,476
2019 $2,683 $9,970 $471 $9,499
2018 $0 $5,748 $416 $5,332
2017 $0 $5,748 $416 $5,332
2016 $1,597 $5,748 $416 $5,332
2015 $1,569 $5,190 $362 $4,828
2014 -- $5,190 $362 $4,828
2013 -- $5,190 $362 $4,828
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09746038

Midwest Real Estate Data (MRED)

APN: 09-17-402-173-1013