NOT LISTED FOR SALE

540 S 5th Ave Des Plaines, IL 60016

Estimated Value: $358,000 - $385,084

3 Beds
2 Baths
1,120 Sq Ft
$334/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $278,000 $248 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,552/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Recreation Room
  • Main Floor Bedroom
  • Terrace Elementary School Rated A-
  • Wood Flooring
  • Lower Floor Utility Room

About This Home

As of May 2021

Multiple offers received. Seller will make s decision Tuesday afternoon. You are going to love this charming brick cape cod with a huge backyard! This home has a full basement with a finished area and plenty of storage and an oversized 2 car garage. There are vinyl/thermopane windows throughout this home. There is a bedroom with a full bath on the main floor and two bedrooms on the second floor. Hardwood floors! This home has a convenient location to shopping and transportation! Welcome Home! You can see a floorplan and square footage on the 3D tour

Last Agent to Sell the Property

Laura Browere

HomeSmart Connect LLC License #475121940 Listed on: 03/04/2021

HomeSmart Connect LLC

Last Buyer's Agent

Scott Shapiro

eXp Realty License #475139719

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,855

Year Built

  • 1946

Lot Details

  • 0.34

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • Recreation Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Location

  • Property is near a bus stop

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,855

Year Built

1946

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
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1946
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 16X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV-Cable, CO Detectors, Ceiling Fan, Sump Pump
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X11, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Recreation Room, Utility Room-Lower Level
  • Master Bedroom: Dimensions: 17X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Recreation Rm, Dimensions: 23X11, On Level: Basement
  • Additional Room 2 Name: Utility Room-Lower Level, Dimensions: 12X9, On Level: Basement
  • Bedroom 2: Dimensions: 17X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1120
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.343

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1120

Schools

  • School District: 207
  • Elementary School: Terrace Elementary School
  • Middle School: Chippewa Middle School
  • High School: Maine West High School
  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: 50 X 299
  • Parcel Identification Number: 09184030360000

Tax Info

  • Taxes: 5535.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 9, 2021
Sold by
Wilson Melanie
Bought by
Clarke William and Clarke Stan Rachel
Seller's Agent
Laura Browere
HomeSmart Connect LLC
Buyer's Agent
Scott Shapiro
eXp Realty
List Price
$299,000
Sold Price
$278,000
Premium/Discount to List
-$21,000
-7.02%
Current Estimated Value
$373,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,521
Avg. Annual Appreciation
5.41%
Original Mortgage
$5,000
Outstanding Balance
$4,573
Interest Rate
3%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$345,654

Purchase Details

Closed on
Nov 8, 2018
Sold by
Wilson Mathew and Wilson Melanie
Bought by
Wilson Melanie

Purchase Details

Closed on
Jul 19, 2006
Sold by
Wilson Melanie L and Shain Melanie L
Bought by
Wilson Mathew J and Wilson Melanie L

Purchase Details

Closed on
Nov 24, 2004
Sold by
Koenig Frank A and Koenig Gina M
Bought by
Shain Melanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
5.9%
Mortgage Type
Unknown
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
Clarke William $278,000 Chicago Title
Wilson Melanie -- Attorney
Wilson Mathew J -- None Available
Shain Melanie L $302,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clarke William $236,300
Previous Owner Shain Melanie L $241,500
Closed Shain Melanie L $45,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $278,000 +1.1% $248 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/08/2021 03/08/21 Price Changed $275,000 -8.0% $246 / Sq Ft
03/04/2021 03/04/21 For Sale $299,000 -- $267 / 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 $6,855 $26,001 $11,213 $14,788
2023 $6,690 $26,001 $11,213 $14,788
2022 $6,690 $26,001 $11,213 $14,788
2021 $5,616 $21,600 $8,970 $12,630
2020 $5,590 $21,600 $8,970 $12,630
2019 $5,536 $24,000 $8,970 $15,030
2018 $5,636 $22,281 $7,848 $14,433
2017 $5,554 $22,281 $7,848 $14,433
2016 $5,498 $22,281 $7,848 $14,433
2015 $5,045 $19,310 $6,727 $12,583
2014 $4,955 $19,310 $6,727 $12,583
2013 $4,814 $19,310 $6,727 $12,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11010203

Midwest Real Estate Data (MRED)

APN: 09-18-403-036-0000