NOT LISTED FOR SALE

505 Cornell Ave Des Plaines, IL 60016

Estimated Value: $398,000 - $412,000

3 Beds
2 Baths
1,311 Sq Ft
$311/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $203,000 $155 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,719/month

87 Days on Market

About This Home

As of March 2013

Exceptional value! Well maintained home in fantastic location. Absolutely beautiful cul-de-sac tree lined street. This house has the perfect layout: 3 BR privately toward the rear of the home, huge L-shaped living/dining front area with additional half bath off the kitchen perfect for entertaining. HUGE tall dry basement waiting for your ideas. Attached garage, nice lot, hardwood flooring throughout. Easy to show!

Last Agent to Sell the Property

Adela Rus

HomeSmart Connect LLC License #471016353 Listed on: 11/12/2012

HomeSmart Connect LLC

Last Buyer's Agent

Lola Delic

@properties Christie's International Real Estate License #475127456

@properties Christie's International Real Estate

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $6,772

Year Built

  • 1955

Lot Details

  • 7,405

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$6,772

Year Built

1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Architectural Style: Ranch
  • Type Detached: 1 Story
  • Special Features: None
  • Year Built: 1955

Interior Features

  • Number Of Rooms: 6
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 14X10
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X10
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 11X10
  • Third Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 20X11
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: 12X11
  • Dining Room Flooring: Hardwood
  • Kitchen Level: Main Level
  • Kitchen Size: 11X11
  • Additional Rooms: No additional rooms

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Cooling: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: 45 X 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2012
Closed on
Mar 13, 2013
Sold by
Thi Hoang Kim Nam and Nguyen Van
Bought by
Miukian Harout G
Seller's Agent
Adela Rus
HomeSmart Connect LLC
Buyer's Agent
Lola Delic
@properties Christie's International Real Estate
List Price
$225,000
Sold Price
$203,000
Premium/Discount to List
-$22,000
-9.78%
Current Estimated Value
$407,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,948
Avg. Annual Appreciation
5.76%
Original Mortgage
$162,400
Outstanding Balance
$116,964
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$292,494

Purchase Details

Closed on
Oct 12, 2005
Sold by
Hoang Kim Nam Thi
Bought by
Hoang Hoang Kim Nam Thi Kim Nam Thi and Hoang Van Nguyen

Purchase Details

Closed on
Jul 25, 2003
Sold by
Kutill James K and Schaller Jill A
Bought by
Hoang Kim Nam Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 26, 2000
Sold by
Kutill Caryl M
Bought by
Kutill James K and Schaller Jill A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Miukian Harout G $203,000 None Available
Hoang Hoang Kim Nam Thi Kim Nam Thi -- --
Hoang Kim Nam Thi $262,000 Atgf Inc
Kutill James K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miukian Harout G $162,400
Previous Owner Hoang Kim Nam Thi $120,000
Previous Owner Hoang Kim Nam Thi $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2013 03/15/13 Sold $203,000 -9.8% $155 / Sq Ft
02/07/2013 02/07/13 Pending -- -- --
01/05/2013 01/05/13 For Sale $225,000 0.0% $172 / Sq Ft
12/05/2012 12/05/12 Pending -- -- --
11/12/2012 11/12/12 For Sale $225,000 -- $172 / 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 $6,772 $29,000 $7,671 $21,329
2023 $6,582 $29,000 $7,671 $21,329
2022 $6,582 $29,000 $7,671 $21,329
2021 $6,783 $25,396 $5,945 $19,451
2020 $6,737 $25,396 $5,945 $19,451
2019 $6,671 $28,218 $5,945 $22,273
2018 $5,658 $22,355 $5,177 $17,178
2017 $5,576 $22,355 $5,177 $17,178
2016 $5,518 $22,355 $5,177 $17,178
2015 $6,248 $20,666 $4,410 $16,256
2014 $6,116 $20,666 $4,410 $16,256
2013 $5,964 $20,666 $4,410 $16,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08218727

Midwest Real Estate Data (MRED)

APN: 09-07-204-004-0000