NOT LISTED FOR SALE

501 Columbia Ave Des Plaines, IL 60016

Estimated Value: $488,000 - $561,000

5 Beds
3 Baths
2,200 Sq Ft
$234/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $344,000 $156 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,500/month

81 Days on Market

Highlights

  • Wood Flooring
  • Whirlpool Bathtub
  • Attached Garage
  • Terrace Elementary School Rated A-
  • Skylights
  • Property is near a bus stop

About This Home

As of August 2018

Warm and loving, charming true 5 bedroom home with formal living room, separate dining room and fully updated powder room. Original architecture with tray ceilings. New windows. Freshly painted in neutral colors. Open floor plan for kitchen & family room leading out to completely fenced deep back yard with play/swing set. Huge master suite has skylights in both bedroom and full bath that has jacuzzi tub and separate shower; bedroom also has walk in closet & fireplace. All 5 bedrooms on 2nd flr. Master suite and 2nd bedroom cover one half of upstairs and is separated by short staircase to other 3 bedrooms with a shared full updated bath. Unique floor plan, ideal for extended families. Basement has lots of space for storage and ready to finish. Attached garage. Close to METRA Cumberland stop, PACE bus service and new Mariano's. Along with excellent public schools, Des Plaines is home to the award winning Science and Arts Academy and variety of other private schools. Many parks & pools.

Last Agent to Sell the Property

Mary Childers

Keller Williams ONEChicago License #471007126 Listed on: 04/09/2018

Keller Williams ONEChicago

Last Buyer's Agent

Darryl Toney

RE/MAX Premier License #471019677

RE/MAX  Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,144

Year Built

  • 1940

Lot Details

  • 9,148

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Skylights
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • North or South Exposure

Location

  • Flood Zone Lot
  • Property is near a bus stop

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $7,860 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,144

Year Built

1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access, Flood Zone (Partial)
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1940
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Interior Property Features: Skylight(s), Hardwood Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 12X21, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Fireplace Location: Family Room, Living Room, Master Bedroom
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 8X10, On Level: Basement
  • Dining Room: Dimensions: 11X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X12, On Level: Main Level
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 13X20, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 10X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X16, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X14, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 10X12, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 2200
  • Dining Room Type: Separate
  • Family Room: Dimensions: 15X18, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Exposure: N (North)
  • Acreage: 0.2146

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Special Assessments: U
  • Assessed Sq Ft: 2250

Schools

  • School District: 207
  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: 55 X 172
  • Parcel Identification Number: 09182090010000

Tax Info

  • Taxes: 7569.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
Aug 10, 2018
Sold by
Chicago Title Land Trust Co
Bought by
Maisonet Joel and Maisonet Marijo
Seller's Agent
Mary Childers
Keller Williams ONEChicago
Buyer's Agent
Darryl Toney
RE/MAX Premier
List Price
$350,000
Sold Price
$344,000
Premium/Discount to List
-$6,000
-1.71%
Current Estimated Value
$514,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,332
Avg. Annual Appreciation
5.80%
Original Mortgage
$337,769
Outstanding Balance
$293,339
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$220,993

Purchase Details

Listed on
Sep 24, 2012
Closed on
Oct 3, 2012
Sold by
Uhland Robert and Uhland Mary Anne
Bought by
Chicago Title Land Trust Co and Trust Number 8002360321
Seller's Agent
Peter Drossos
Peter Drossos Real Estate
Buyer's Agent
Christopher Fryson
List Price
$274,999
Sold Price
$262,500
Premium/Discount to List
-$12,499
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$210,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2006
Sold by
Olcese Robert L and Olcese Catherine M
Bought by
Uhland Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 23, 1994
Sold by
Galanis George and Galanis Angela
Bought by
Olcese Robert L and Olcese Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
10.25%
Mortgage Type
Purchase Money Mortgage
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
Maisonet Joel $344,000 Chicago Title Land Trust Com
Chicago Title Land Trust Co $262,500 None Available
Uhland Robert $360,000 Ctic
Olcese Robert L $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maisonet Joel $337,769
Previous Owner Chicago Title Land Trust Co $210,000
Previous Owner Uhland Robert $288,000
Previous Owner Olcese Robert L $124,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2018 08/17/18 Sold $344,000 +1.2% $156 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
05/30/2018 05/30/18 Price Changed $339,900 -2.9% $155 / Sq Ft
05/17/2018 05/17/18 For Sale $350,000 0.0% $159 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $350,000 +33.3% $159 / Sq Ft
10/03/2012 10/03/12 Sold $262,500 -4.5% $119 / Sq Ft View Prior Sale
10/02/2012 10/02/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $274,999 -- $125 / 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 $9,144 $38,001 $7,013 $30,988
2023 $8,898 $38,001 $7,013 $30,988
2022 $8,898 $38,001 $7,013 $30,988
2021 $9,720 $34,952 $5,610 $29,342
2020 $9,625 $34,952 $5,610 $29,342
2019 $11,560 $42,956 $5,610 $37,346
2018 $7,688 $29,141 $4,908 $24,233
2017 $7,569 $29,141 $4,908 $24,233
2016 $7,404 $29,141 $4,908 $24,233
2015 $6,948 $25,605 $4,207 $21,398
2014 $6,817 $25,605 $4,207 $21,398
2013 $7,389 $25,605 $4,207 $21,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09907898

Midwest Real Estate Data (MRED)

APN: 09-18-209-001-0000