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

About This Home

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!!!

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
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Prior Sale
03/15/2022 03/15/22 Sold $430,000 +1.2% $195 / Sq Ft View Prior Sale
02/03/2022 02/03/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $425,000 -- $193 / Sq Ft

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

  • Ray Mandel

    Seller's Agent in 2022

    Ray Mandel

    Compass

    (312) 286-9966

    3 in this area

    185 Total Sales

    Ray Mandel
    Section Image
  • Jamie Lee

    Buyer's Agent in 2022

    Jamie Lee

    Baird Warner

    (847) 338-3058

    7 in this area

    82 Total Sales

    Jamie Lee
    Section Image
See All Agents

Map

Illinois Cook County Des Plaines 60016

54 Michael Rd, Des Plaines, IL

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes