NOT LISTED FOR SALE

520 E Lincoln Ave Des Plaines, IL 60018

Estimated Value: $324,206 - $358,000

3 Beds
1 Bath
1,048 Sq Ft
$330/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $218,500 $208 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,349/month

13 Days on Market

Highlights

  • Ranch Style House
  • Detached Garage
  • Bathroom on Main Level
  • Forest Elementary School Rated 9+
  • Breakfast Bar
  • Baseboard Heating

About This Home

As of June 2020

Easy to Show, also 3D Virtual Tour available! Many options for this solid brick ranch with full basement in a very desirable area surrounded by Alot of Newer construction-Builders. Fully fenced back yard on nice corner lot. Do yourself a favor and explore this affordable Des Plaines single family home today!

Last Agent to Sell the Property

Steven Koleno

Dream Town Real Estate License #471019159 Listed on: 04/22/2020

Dream Town Real Estate

Last Buyer's Agent

Michael Zapart

Compass License #475145813

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,175

Year Built

  • 1955

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Breakfast Bar
  • Bathroom on Main Level
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,175

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Disability Access: Yes
  • Disability Access Details: Chairlift
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • 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: 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 15X14, On Level: Main Level, Flooring: Carpet
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 11X7, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1048
  • Dining Room Type: L-shaped

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1876

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Baseboard

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 62
  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: 8170
  • Parcel Identification Number: 09194050190000

Tax Info

  • Taxes: 5518.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
Jun 30, 2020
Sold by
Ih2 Property Illinios Lp
Bought by
Madrigal Maria J
Seller's Agent
Steven Koleno
Dream Town Real Estate
Buyer's Agent
Michael Zapart
Compass
List Price
$219,900
Sold Price
$218,500
Premium/Discount to List
-$1,400
-0.64%
Total Days on Market
13
Current Estimated Value
$345,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,052
Avg. Annual Appreciation
9.72%
Original Mortgage
$207,575
Outstanding Balance
$185,783
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$159,769

Purchase Details

Closed on
Jun 28, 2018
Sold by
2018 3 Ih Borrower Lp
Bought by
Ih2 Property Illinois L P

Purchase Details

Closed on
Jun 25, 2015
Sold by
Ih2 Property Illinois Lp
Bought by
2015 & 3 Ih2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,395,000
Interest Rate
3.86%
Mortgage Type
Loan Amount Between One & Nine Billion

Purchase Details

Listed on
May 31, 2013
Closed on
Jun 15, 2013
Sold by
Minch Walter R and Eskilson John S
Bought by
Ih2 Property Illinois Lp
Seller's Agent
Thomas Kostopoulos
HomeSmart Connect LLC
Buyer's Agent
Visnja Vukovic Bradley
Invitation Homes
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Source: Public Records

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Range of Values:

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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
Madrigal Maria J $218,500 Chicago Title
Ih2 Property Illinois L P -- Attorney
2015 & 3 Ih2 Borrower Lp -- None Available
Ih2 Property Illinois Lp $175,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madrigal Maria J $207,575
Previous Owner 2015 & 3 Ih2 Borrower Lp $119,395,000
Previous Owner Minch Pearl $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2020 06/23/20 Sold $218,500 -0.6% $208 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
05/02/2020 05/02/20 For Sale $219,900 0.0% $210 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $219,900 0.0% $210 / Sq Ft
04/12/2018 04/12/18 Rented $1,780 -2.2% --
03/30/2018 03/30/18 Under Contract -- -- --
03/22/2018 03/22/18 For Rent $1,820 0.0% --
06/21/2013 06/21/13 Sold $175,000 -12.5% $167 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $199,900 -- $191 / 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 $6,175 $24,001 $5,311 $18,690
2023 $6,175 $24,001 $5,311 $18,690
2022 $6,175 $24,001 $5,311 $18,690
2021 $4,543 $14,779 $6,944 $7,835
2020 $4,466 $14,779 $6,944 $7,835
2019 $4,469 $16,606 $6,944 $9,662
2018 $5,518 $18,451 $6,127 $12,324
2017 $6,469 $22,020 $6,127 $15,893
2016 $6,536 $23,521 $6,127 $17,394
2015 $5,291 $17,500 $5,310 $12,190
2014 $5,179 $17,500 $5,310 $12,190
2013 $3,749 $17,500 $5,310 $12,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10696145

Midwest Real Estate Data (MRED)

APN: 09-19-405-019-0000