NOT LISTED FOR SALE

480 Cornell Ave Des Plaines, IL 60016

Estimated Value: $429,000 - $498,000

3 Beds
2 Baths
1,300 Sq Ft
$353/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $385,000 $296 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,080/month

2 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • Stainless Steel Appliances
  • Cumberland Elementary School Rated A
  • Wood Flooring
  • Attached Garage

About This Home

As of May 2021

Beautifully updated brick ranch in the highly desirable Cumberland neighborhood! There's nothing to do but move in to this gracious 3 bedroom, 2 bathroom home! The spacious living and dining room area welcomes you with gleaming hardwood floors, stone fireplace and a large picture window. The renovated kitchen features maple cabinetry, quartz countertops, stainless steel appliances and a sunny breakfast bar, perfect for catching a quick meal. Three bedrooms offer flexibility and potential workspace. On-trend recently remodeled main floor bath! The full finished basement offers plenty of additional living space with a large recreation room, bar, laundry room, storage and updated second full bath. Enjoy outdoor entertaining on the spacious patio and large fenced-in yard. Heated attached garage! Great location just blocks from the Metra station, schools, parks, and shopping! This beautiful home won't last!

Last Agent to Sell the Property

Amy De Rango

Compass License #475160261 Listed on: 04/09/2021

Compass

Last Buyer's Agent

Alfredo Cruz

RE/MAX City

RE/MAX City

Home Details

Home Type

  • Single Family

Year Built

  • 1955

Lot Details

  • 8,712

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Dry Bar
  • Wood Burning Fireplace
  • Entrance Foyer
  • Recreation Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • East or West Exposure
  • Property is near bus stop

Listing and Financial Details

  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 24X14, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 20X12, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 16X9, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Recreation Room, Foyer
  • Master Bedroom: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Recreation Rm, Dimensions: 27X22, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Foyer, Dimensions: 5X5, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Estimated Sq Ft: 1300
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: E (East), W (West)
  • Acreage: 0.2

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1297

Schools

  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: 142 X 62
  • Parcel Identification Number: 09071050320000

Tax Info

  • Taxes: 8095.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 17, 2021
Sold by
Faulkner Matthew L and Faulkner April M
Bought by
Fosado Jorge Gomez Tello
Seller's Agent
Amy De Rango
Compass
Buyer's Agent
Alfredo Cruz
RE/MAX City
List Price
$365,000
Sold Price
$385,000
Premium/Discount to List
$20,000
5.48%
Current Estimated Value
$458,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,621
Avg. Annual Appreciation
3.86%
Original Mortgage
$365,750
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2017
Sold by
Strommen John and Strommen Katarzyna
Bought by
Faulkner Matthew L and Faulkner April M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2014
Closed on
Apr 6, 2015
Sold by
Lobianco Anthony
Bought by
Strommen John and Strommen Katarzyna
Seller's Agent
Kathleen Elster
Baird & Warner
Buyer's Agent
John Ligas
Housecenter Realty,Inc.
List Price
$325,000
Sold Price
$286,500
Premium/Discount to List
-$38,500
-11.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$268,850
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2011
Sold by
Parker Susan
Bought by
Lobianco Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,437
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fosado Jorge Gomez Tello $385,000 Proper Title Llc
Faulkner Matthew L $320,000 Burnet Title
Strommen John $286,500 None Available
Lobianco Anthony $187,500 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fosado Jorge Gomez Tello $365,750
Previous Owner Faulkner Matthew L $256,000
Previous Owner Strommen John $268,850
Previous Owner Lobianco Anthony $170,437
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2021 05/26/21 Sold $385,000 +5.5% $296 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $365,000 +27.4% $281 / Sq Ft
04/06/2015 04/06/15 Sold $286,500 -9.0% $220 / Sq Ft View Prior Sale
02/21/2015 02/21/15 Pending -- -- --
02/06/2015 02/06/15 Price Changed $315,000 -3.1% $242 / Sq Ft
11/06/2014 11/06/14 For Sale $325,000 -- $250 / 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
2025 $8,173 $36,000 $8,875 $27,125
2024 $8,173 $31,000 $7,544 $23,456
2023 $7,977 $31,000 $7,544 $23,456
2022 $7,977 $31,000 $7,544 $23,456
2021 $6,343 $23,967 $6,212 $17,755
2020 $6,305 $23,967 $6,212 $17,755
2019 $8,095 $30,081 $6,212 $23,869
2018 $7,512 $25,117 $5,325 $19,792
2017 $6,387 $25,117 $5,325 $19,792
2016 $6,286 $25,117 $5,325 $19,792
2015 $6,311 $23,499 $4,659 $18,840
2014 $6,194 $23,499 $4,659 $18,840
2013 $6,781 $23,499 $4,659 $18,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11048348

Midwest Real Estate Data (MRED)

APN: 09-07-105-032-0000