NOT LISTED FOR SALE

477 Graceland Ave Unit 4A Des Plaines, IL 60016

Estimated Value: $143,000 - $176,000

1 Bed
1 Bath
-- Sq Ft
$261/mo HOA Fee

Last Sold April 27, 2022

Last sale price $120,000

Est. 33% increase in value since last sale

Current estimated payment $1,334/month

139 Days on Market

Highlights

  • Elevator
  • Living Room
  • Baseboard Heating
  • Maine West High School Rated A-
  • Dining Room
  • 4-minute walk to Menominee Park

About This Home

As of April 2022

Sun drenched corner unit in fantastic downtown Des Plaines. Super nice and clean! Sunny southwestern views! Updated kitchen. Being a corner unit, the bathroom has a block window! Generous closets! Laundry and storage, and garbage chute on same floor. Monthly assessments include heat, water, cooking gas. Well maintained friendly building close to town, metra train station, shopping and restaurants. Parking space #14 included. Make this your home now!

Last Agent to Sell the Property

Tracy Lee

Berkshire Hathaway HomeServices Starck Real Estate License #475136032 Listed on: 10/25/2021

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Delia Joyce

Baird & Warner License #475118645

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,854

Year Built

  • Built in 1973

Lot Details

  • 0.52

HOA Fees

  • $261 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 4-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • 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
  • Heating System Uses Natural Gas

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) 705-5095
  • Graceland Terrace Subdivision
  • Property managed by Graceland Terrace

Amenities

  • Coin Laundry
  • Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,854

Year Built

Built in 1973

Lot Details

0

HOA Fees

$261 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: 1973
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: No additional rooms
  • Stories Total: 4
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • List Price: 120000
  • 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: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas, Steam, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 261
  • Association Amenities: Coin Laundry, Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday,Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Graceland Terrace
  • Management Contact Name: Jeff Duncan
  • Management Phone: 847-705-5095
  • 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

Tax Info

  • Tax Annual Amount: 1854.19
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Apr 20, 2022
Sold by
Lee Pilsook
Bought by
Ross Carolyn
Seller's Agent
Tracy Lee
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Delia Joyce
Baird & Warner
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$160,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,091
Avg. Annual Appreciation
9.16%
Original Mortgage
$114,000
Outstanding Balance
$108,517
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$51,437

Purchase Details

Listed on
May 22, 2012
Closed on
Mar 15, 2013
Sold by
Kiolbasa Diane T
Bought by
Lee Pilsook
Seller's Agent
Gretchen Gullo
@properties Christie?s International Real Estate
Buyer's Agent
Tracy Lee
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$69,000
Sold Price
$45,000
Premium/Discount to List
-$24,000
-34.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%

Purchase Details

Closed on
Dec 6, 2008
Sold by
Turk Frank J
Bought by
Turk Frank J and Turk Marian W

Purchase Details

Closed on
Jul 11, 2007
Sold by
Campuzano Clemente
Bought by
Turk Frank J and Turk Marian W

Purchase Details

Closed on
Jun 23, 1999
Sold by
Polanowski Stanislaw and Polanowski Janina
Bought by
Campuzano Clemente

Purchase Details

Closed on
Mar 15, 1996
Sold by
Commarare Josephine
Bought by
Polanowski Stanislaw and Polanowski Janina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
7.06%
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
Ross Carolyn $120,000 None Listed On Document
Lee Pilsook $45,000 None Available
Turk Frank J -- None Available
Turk Frank J $130,000 Republic Title Co
Campuzano Clemente $65,000 --
Polanowski Stanislaw $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Carolyn $114,000
Previous Owner Polanowski Stanislaw $28,000
Previous Owner Polanowski Stanislaw $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2022 04/27/22 Sold $120,000 0.0% --
03/14/2022 03/14/22 Pending -- -- --
10/25/2021 10/25/21 For Sale $120,000 +166.7% --
03/15/2013 03/15/13 Sold $45,000 -23.7% --
02/22/2013 02/22/13 Pending -- -- --
08/05/2012 08/05/12 Price Changed $59,000 -14.5% --
05/22/2012 05/22/12 For Sale $69,000 -- --
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 $2,262 $11,897 $599 $11,298
2023 $2,181 $11,897 $599 $11,298
2022 $2,181 $11,897 $599 $11,298
2021 $1,816 $9,238 $486 $8,752
2020 $1,854 $9,238 $486 $8,752
2019 $1,848 $10,295 $486 $9,809
2018 $748 $5,936 $430 $5,506
2017 $752 $5,936 $430 $5,506
2016 $956 $5,936 $430 $5,506
2015 $827 $5,360 $374 $4,986
2014 $826 $5,360 $374 $4,986
2013 $1,547 $5,360 $374 $4,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11255133

Midwest Real Estate Data (MRED)

APN: 09-17-402-173-1023