NOT LISTED FOR SALE

Riverwalk North 545 S River Rd Unit 507A Des Plaines, IL 60016

Estimated Value: $277,000 - $289,000

2 Beds
2 Baths
1,200 Sq Ft
$312/mo HOA Fee

Last Sold March 11, 2021

Last sale price $220,000 $183 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,246/month

7 Days on Market

Highlights

  • Heated Floors
  • Balcony
  • Built-In Features
  • Maine West High School Rated A-
  • Attached Garage
  • Walk-In Closet

About This Home

As of March 2021

Spacious 2 bed/2 bath remodeled open split floorplan, new floors throughout, radiant floors, kitchen with quartz counters, full backsplash, and SS appliances. This open concept, north facing unit includes a formal dining room with a large balcony off of the living room. In unit laundry room and walk-in closet. Elevator building, heated garage space #24 + 2 additional assigned outdoor parking spaces and storage on the same floor #89. Heat & gas are included in the assessments. Downtown Des Plaines, across from The Square, grocery, restaurants, and Metra.

Last Listed By

Myra Nimchaiyong

Century 21 S.G.R., Inc. License #471018194 Listed on: 01/25/2021

Century 21 S.G.R., Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,172

Year Built | Renovated

  • 1989 | 2020

Lot Details

  • 1.94

HOA Fees

  • $312 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Built-In Features
  • Storage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Heated Floors
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • North or South Exposure
  • Balcony

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,172

Year Built | Renovated

1989 | 2020

Lot Details

0

HOA Fees

$312 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Unit Floor Level: 5
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1989
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7
  • Year Built: 1989
  • Year Renovated: 2020

Interior Features

  • Interior Property Features: Wood Laminate Floors, Heated Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X12, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV-Cable, Intercom
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 6X4, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 12X9, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Kitchen Type: Island
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 18X12, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 1200
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Storms/Screens
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Radiant

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: No Pets
  • Common Area Amenities: Elevator, Storage
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 312
  • Management Contact Name: Yvonne Balazik
  • Management Phone: 847-813-5939

Fee Information

  • Management Company: McKenzie Management

Schools

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

Lot Info

  • Lot Dimensions: INTEGRAL
  • Parcel Identification Number: 09163001181079

Multi Family

  • Total Number Unitsin Building: 48
  • Number Stories: 7

Tax Info

  • Taxes: 3991.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Mar 8, 2021
Sold by
Chamnankit Paul
Bought by
Patel Vasim Gulamahmed
Seller's Agent
Myra Nimchaiyong
Century 21 S.G.R., Inc.
Buyer's Agent
Sasidanai Tasaniyom
Century 21 S.G.R., Inc.
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Total Days on Market
7
Current Estimated Value
$283,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,454
Avg. Annual Appreciation
5.89%
Original Mortgage
$165,000
Outstanding Balance
$150,067
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$130,044

Purchase Details

Closed on
Jun 26, 2007
Sold by
Chen Nancy S
Bought by
Chamnankit Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.42%
Mortgage Type
Unknown

Purchase Details

Closed on
May 7, 1998
Sold by
Chen Nancy S
Bought by
Chen Nancy S and Nancy S Chen Trust

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
Patel Vasim Gulamahmed $220,000 Atlas Title & Escrow
Chamnankit Paul -- Attorneys Title Guaranty Fun
Chamnankit Paul $217,500 Attorneys Title Guaranty Fun
Chen Nancy S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Vasim Gulamahmed $165,000
Previous Owner Chamnankit Paul $166,192
Previous Owner Chamnankit Paul $174,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2021 03/11/21 Sold $220,000 -4.3% $183 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $230,000 -- $192 / 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 $4,172 $19,633 $750 $18,883
2023 $4,172 $19,633 $750 $18,883
2022 $4,172 $19,633 $750 $18,883
2021 $4,014 $16,388 $609 $15,779
2020 $4,015 $16,388 $609 $15,779
2019 $4,915 $18,262 $609 $17,653
2018 $4,447 $14,870 $539 $14,331
2017 $4,368 $14,870 $539 $14,331
2016 $4,132 $14,870 $539 $14,331
2015 $3,869 $12,797 $469 $12,328
2014 $3,789 $12,803 $475 $12,328
2013 $3,695 $12,803 $475 $12,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10978535

Midwest Real Estate Data (MRED)

APN: 09-16-300-118-1079