NOT LISTED FOR SALE

54 Michael Rd Des Plaines, IL 60016

Estimated Value: $499,000 - $523,243

4 Beds
3 Baths
2,200 Sq Ft
$230/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $430,000 $195 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,432/month

1 Day on Market

Highlights

  • 3 Car Attached Garage
  • Living Room
  • Forced Air Heating and Cooling System
  • Elk Grove High School Rated A
  • Storage Room
  • Dining Room

About This Home

As of March 2022

STUNNING!! | CUL-DE-SAC | 4 BEDROOMS | 3 FULL BATHS | ALMOST 10,000 SQFT LOT | 3-CAR GARAGE | GREAT LAYOUT | LIVING ROOM & FAMILY ROOM ON 1ST FLOOR | 3 BEDROOMS, 2 BATHS UPSTAIRS (INCLUDING MASTER SUITE) | HARDWOOD FLOORS | FIREPLACE | DRY BASEMENT WITH OVERHEAD SEWERS | EVERYTHING IS IN EXCELLENT CONDITION | PERFECT MOVE-RIGHT-IN HOME!! NEAR SCHOOLS, PARKS, SHOPPING & WALING DISTANCE TO METRA STATION. ELK GROVE HIGH SCHOOL DISTRICT. WOW!!!

Last Agent to Sell the Property

Ray Mandel

Compass License #475145381 Listed on: 02/02/2022

Compass

Last Buyer's Agent

Jamie Lee

Baird & Warner License #475166470

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,164

Year Built

  • Built in 1969 | Remodeled in 2022

Lot Details

  • 9,191

Parking

  • 3 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms

Schools

  • Brentwood Elementary School
  • Friendship Junior High School
  • Elk Grove High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,164

Year Built

Built in 1969 | Remodeled in 2022

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 2200
  • Room Type: Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Brentwood Elementary School
  • High School: Elk Grove High School
  • Middle/Junior School: Friendship Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 9900
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7163.74
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 25, 2022
Sold by
Mandel Radim and Mandel Marianne
Bought by
Jeong Jong Jin and Jeong Hyojung Cho
Seller's Agent
Ray Mandel
Compass
Buyer's Agent
Jamie Lee
Baird & Warner
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Current Estimated Value
$506,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,061
Avg. Annual Appreciation
4.30%
Original Mortgage
$387,000
Outstanding Balance
$362,069
Interest Rate
4.5%
Estimated Equity
$143,992

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 10, 2022
Sold by
Mandel Radim and Mandel Marianne
Bought by
Jeong Jong Jin and Jeong Hyojung Cho
Seller's Agent
Ray Mandel
Compass
Buyer's Agent
Jamie Lee
Baird & Warner
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Outstanding Balance
$362,069
Interest Rate
4.5%
Estimated Equity
$143,992

Purchase Details

Closed on
Oct 24, 2001
Sold by
Hulett Verne R and Hulett Norma L
Bought by
Hulett Norma Lorraine and The Norma Lorraine Hulett Declaration Tr
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
Jeong Jong Jin $430,000 --
Jeong Jong Jin $430,000 --
Hulett Norma Lorraine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeong Jong Jin $387,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2022 03/15/22 Sold $430,000 +1.2% $195 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $425,000 -- $193 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $9,628 $50,000 $9,658 $40,342
2024 $9,628 $38,000 $8,278 $29,722
2023 $9,206 $38,000 $8,278 $29,722
2022 $9,206 $38,000 $8,278 $29,722
2021 $7,324 $26,360 $5,518 $20,842
2020 $7,164 $26,360 $5,518 $20,842
2019 $7,241 $29,289 $5,518 $23,771
2018 $7,973 $28,527 $4,599 $23,928
2017 $7,827 $28,527 $4,599 $23,928
2016 $7,363 $28,527 $4,599 $23,928
2015 $7,162 $25,991 $4,139 $21,852
2014 $7,082 $25,991 $4,139 $21,852
2013 $6,932 $25,991 $4,139 $21,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11315719

Midwest Real Estate Data (MRED)

APN: 08-13-205-029-0000