NOT LISTED FOR SALE

550 N 3rd Ave Des Plaines, IL 60016

Des Plaines Area

Estimated Value: $573,000 - $654,000

4 Beds
2.5 Baths
2,445 Sq Ft
$251/Sq Ft Est. Value

Sale Details

Date Sold: June 4, 2021

Last sale price $392,000 $160 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,373 / mo

26 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Formal Dining Room
  • Cumberland Elementary School Rated A
  • Home Office
  • Stainless Steel Appliances

About This Home

As of June 2021

Cumberland estates. Quality construction throughout this 4+ bedroom, 2.1 bath Colonial in Cumberland Estates. Newer roof, newer appliances. Granite gracious entry, first floor den and good size bedrooms. master bedroom with bath and walk-in closet. Finished basement with additional room. 2 car attached garage plus additional parking.

Last Agent to Sell the Property

Aby Thomas

Achieve Real Estate Group Inc License #475193013 Listed on: 04/07/2021

Last Buyer's Agent

Sabu Achettu

Achieve Real Estate Group Inc License #471001425

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,288

Year Built

  • Built in 1989

Lot Details

  • 7,440 Sq Ft Lot
  • Lot Dimensions are 62x120
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Patio

Schools

  • Cumberland Elementary School
  • Maine West High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,288

Year Built

Built in 1989

Lot Details

7,440 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Other Equipment: Sprinkler-Lawn
  • Room Type: Office, Foyer, Recreation Room, Den
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Number of Cars: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Sewer-Storm
  • 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: Cumberland Elementary School
  • High School: Maine West High School
  • Middle/Junior School: Cumberland Elementary School

Lot Info

  • Lot Size Acres: 0.1708
  • Lot Dimensions: 62X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 9288
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jun 2, 2021
Sold by
Bought by
Seller's Agent
Aby Thomas
Achieve Real Estate Group Inc
Buyer's Agent
Sabu Achettu
Achieve Real Estate Group Inc
Sold Price
$392,000
Current Estimated Value
$614,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,556
Avg. Annual Appreciation
9.10%
Original Mortgage
$352,800
Interest Rate
2.87%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Des Plaines, IL

  • Joseph Licari Real Estate Agent - Keller Williams Success Realty

    Joseph Licari

    Keller Williams Success Realty

    (708) 854-5978

    28 Total Sales

    2 in Des Plaines

    $325K - $560K Price Range

    Joseph Licari
     Section Image
  • Omar Sanchez Real Estate Agent - Habloft LLC

    Omar Sanchez

    Responds Quickly

    Habloft LLC

    (866) 758-0745

    53 Total Sales

    1 in Des Plaines

    $185,000 Price

    Omar Sanchez
     Section Image
  • Reginald Patterson Real Estate Agent - eXp Realty

    Reginald Patterson

    eXp Realty

    (773) 830-6144

    101 Total Sales

    1 in Des Plaines

    $400,000 Price

    Reginald Patterson
     Section Image
  • Monica Cintron Real Estate Agent - Real People Realty

    Monica Cintron

    Responds Quickly

    Real People Realty

    (833) 886-0369

    30 Total Sales

    1 in Des Plaines

    $225,000 Price

    Monica Cintron
     Section Image
  • Bram Chill Real Estate Agent - @properties Christie's International Real Estate

    Bram Chill

    @properties Christie's International Real Estate

    (708) 480-1383

    43 Total Sales

    1 in Des Plaines

    $475,000 Price

    Bram Chill
     Section Image
  • Mark Bystrowicz Real Estate Agent - RE/MAX City

    Mark Bystrowicz

    Responds Quickly

    RE/MAX City

    (773) 915-0602

    61 Total Sales

    1 in Des Plaines

    $120,000 Price

    Mark Bystrowicz
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$392,000 Citywide Title Corporation
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $352,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 Sold $392,000 -4.4% $160 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
05/03/2021 05/03/21 For Sale -- -- --
04/21/2021 04/21/21 Price Changed $409,900 -6.8% $168 / Sq Ft
04/07/2021 04/07/21 For Sale $439,900 -- $180 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,865 $56,000 $8,928 $47,072
2024 $11,865 $45,000 $7,440 $37,560
2023 $11,579 $45,000 $7,440 $37,560
2022 $11,579 $45,000 $7,440 $37,560
2021 $9,413 $36,617 $5,766 $30,851
2020 $9,378 $36,617 $5,766 $30,851
2019 $9,288 $40,686 $5,766 $34,920
2018 $10,046 $37,027 $5,022 $32,005
2017 $9,886 $37,027 $5,022 $32,005
2016 $9,595 $37,027 $5,022 $32,005
2015 $9,284 $33,334 $4,278 $29,056
2014 $9,105 $33,334 $4,278 $29,056
2013 $8,860 $33,334 $4,278 $29,056
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Aby Thomas

    Achieve Real Estate Group Inc

    (847) 687-5100

    29 Total Sales

    Aby Thomas
    Section Image
  • Sabu Achettu Real Estate Agent - Achieve Real Estate Group Inc

    Buyer's Agent in 2021

    Sabu Achettu

    Achieve Real Estate Group Inc

    (847) 687-5100

    42 Total Sales

    Sabu Achettu
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11045697

Midwest Real Estate Data (MRED)

APN: 09-08-102-007-0000

Illinois Cook County Des Plaines 60016

550 N 3rd Ave, Des Plaines, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.