NOT LISTED FOR SALE

548 N 4th Ave Des Plaines, IL 60016

Estimated Value: $433,000 - $457,000

4 Beds
2 Baths
1,570 Sq Ft
$285/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $387,000 $246 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,160/month

16 Days on Market

Highlights

  • 2 Car Detached Garage
  • Living Room
  • Forced Air Heating and Cooling System
  • Cumberland Elementary School Rated A
  • Laundry Room
  • 2-minute walk to Hawaii Park

About This Home

As of November 2022

This beautiful, traditional-style home located in the highly regarded Des Plaines, IL has now entered the market. Located near award-winning schools like Cumberland Elementary School, Chippewa Middle School and Maine West High School, this home has limitless potential of becoming the dream house for anyone! In close proximity to shopping centers, and nature preserves this home allows for the new owners to have everything they need right at their doorstep. This gorgeous property includes 7 rooms including 4 bedrooms and 2 bathrooms with both bathrooms recently remodeled in 2021. Not only does this property include newly remodeled bathrooms, it also has an updated kitchen with granite counter tops. Appliances like the washer and dryer were updated and brought into the home in 2019. The basement has great potential in becoming a cozy area in the house. Located in a great neighborhood in Des Plaines, IL, this property is available for a showing now. Schedule your appointment today and get this home for an amazing value before its gone.

Last Listed By

Kuljeet Singh

Gava Realty License #471003439 Listed on: 09/20/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,456

Year Built

  • Built in 1963

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 61x115

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Tri-Level Property
  • Frame Construction

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Walk-Up Access

Schools

  • Cumberland Elementary School
  • Chippewa Middle School
  • Maine West High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,456

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Walk-Up Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 399000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cumberland Elementary School
  • High School: Maine West High School
  • Middle/Junior School: Chippewa Middle School
  • Middle/Junior School District: 62

Lot Info

  • Lot Size Acres: 0.161
  • Lot Dimensions: 61X115
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7456.22
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Oct 26, 2022
Sold by
Patel Manoj Kumar and Patel Kaushika
Bought by
Patel Ashish and Patel Bhawana
Seller's Agent
Kuljeet Singh
Gava Realty
Buyer's Agent
Jasdeep Deol
Property Economics Inc.
List Price
$409,000
Sold Price
$387,000
Premium/Discount to List
-$22,000
-5.38%
Total Days on Market
16
Views
16
Current Estimated Value
$447,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,807
Avg. Annual Appreciation
6.68%
Original Mortgage
$339,000
Outstanding Balance
$330,853
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$123,492

Purchase Details

Closed on
Aug 7, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Patel Manoj Kumar and Patel Kaushika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.36%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 2009
Sold by
Tan Oliver and Tan Jade Liza
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 12, 2004
Sold by
First National Bank
Bought by
Jade Tan Oliver and Jade Lizatan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2003
Sold by
Puccinelli Raymond P and Puccinelli Irene
Bought by
Fnbw Bank and Trust #1512

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 Ashish $387,000 Altima Title
Patel Manoj Kumar $205,000 Chicago Title Insurance Co
Deutsche Bank National Trust Company -- None Available
Jade Tan Oliver $330,000 Cti
Fnbw Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Ashish $339,000
Previous Owner Patel Manoj Kumar $160,000
Previous Owner Patel Manoj Kumar $164,000
Previous Owner Tan Oliver $292,000
Previous Owner Tan Oliver $73,000
Previous Owner Tan Oliver $10,000
Previous Owner Jade Tan Oliver $264,000
Previous Owner Puccinelli Raymond P $205,000
Previous Owner Puccinelli Raymond P $50,000
Closed Jade Tan Oliver $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $387,000 -3.0% $246 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
09/27/2022 09/27/22 Price Changed $399,000 -2.4% $254 / Sq Ft
09/20/2022 09/20/22 For Sale $409,000 -- $261 / 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 $8,126 $35,000 $5,963 $29,037
2023 $8,126 $35,000 $5,963 $29,037
2022 $8,126 $35,000 $5,963 $29,037
2021 $7,514 $27,776 $4,910 $22,866
2020 $7,456 $27,776 $4,910 $22,866
2019 $7,476 $31,210 $4,910 $26,300
2018 $6,810 $26,205 $4,209 $21,996
2017 $6,707 $26,205 $4,209 $21,996
2016 $6,588 $26,205 $4,209 $21,996
2015 $6,244 $23,276 $3,682 $19,594
2014 $6,128 $23,276 $3,682 $19,594
2013 $6,569 $25,393 $3,682 $21,711
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11633658

Midwest Real Estate Data (MRED)

APN: 09-07-214-016-0000