NOT LISTED FOR SALE

555 S River Rd Unit 701 Des Plaines, IL 60016

Estimated Value: $280,000 - $303,000

2 Beds
2 Baths
1,214 Sq Ft
$280/mo HOA Fee

Last Sold August 22, 2019

Last sale price $220,000 $181 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,133/month

14 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Balcony
  • Maine West High School Rated A-
  • End Unit
  • Attached Garage

About This Home

As of August 2019

MULTIPLE OFFER SITUATION. HIGHEST AND BEST BY 5PM WEDNESDAY JULY 10. Completely updated 2BR/2BA 7th floor condo with spectacular eastern views. Gorgeous HW floors throughout. Granite countertops, SS appliances and a tray ceiling in kitchen. Neutral inviting colors. Washer and dryer in the unit. Includes one garage space and two additional exterior parking spaces. Walk across the street to grocery stores, shops, restaurants and bars. Short walking distance to the Des Plaines Metra station. Best overall unit for the money in Riverwalk Condos!!

Last Agent to Sell the Property

John Wright

Keller Williams Premiere Properties License #475131980 Listed on: 06/27/2019

Keller Williams Premiere Properties

Last Buyer's Agent

Young Suk Lee

Core Realty & Investments, Inc License #475095364

Core Realty & Investments, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,909

Year Renovated

  • 2013

Lot Details

  • End Unit
  • East or West Exposure
  • Landscaped Professionally

HOA Fees

  • $280 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Rolled Roof

Interior Spaces

  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Gravity Heating System
  • Lake Michigan Water

Additional Features

  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,909

Year Renovated

2013

Lot Details

0

HOA Fees

$280 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 7
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Rehab Year: 2013
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7
  • Year Renovated: 2013

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: TV-Cable, Intercom, Fire Sprinklers, CO Detectors
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 7X6, On Level: Main Level, Windows: None
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 9X7, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Walk In Closet
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Walk in Closet, Dimensions: 6X5, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1214

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Rolled)
  • Exterior Property Features: Balcony, Storms/Screens, End Unit
  • Exposure: E (East)

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK
  • Common Area Amenities: Elevator, Storage
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 280
  • Management Contact Name: ANYONE
  • Management Phone: 847-296-1941X12

Fee Information

  • Management Company: HAMLIN 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: COMMON
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 09163001181041

Multi Family

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

Tax Info

  • Taxes: 3045.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Aug 22, 2019
Sold by
Scaletta Nicholas
Bought by
Kim Laina S
Seller's Agent
John Wright
Keller Williams Premiere Properties
Buyer's Agent
Young Suk Lee
Core Realty & Investments, Inc
List Price
$219,499
Sold Price
$220,000
Premium/Discount to List
$501
0.23%
Current Estimated Value
$287,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,932
Avg. Annual Appreciation
3.97%
Original Mortgage
$176,000
Outstanding Balance
$119,869
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$159,155

Purchase Details

Listed on
Aug 22, 2011
Closed on
Apr 13, 2012
Sold by
Clark Collier Ilse H
Bought by
Scaletta Nicholas
Seller's Agent
James Grady
RE/MAX Suburban
Buyer's Agent
Michael Nardella
Compass
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$126,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 1995
Sold by
Bressie William A
Bought by
Clark Dorothy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.5%
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
Kim Laina S $220,000 Attorneys Ttl Guaranty Fund
Scaletta Nicholas $140,000 1St American Title
Clark Dorothy E $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Laina S $176,000
Previous Owner Scaletta Nicholas $126,000
Previous Owner Clark Dorothy E $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2019 08/22/19 Sold $220,000 +0.2% $181 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $219,499 +56.8% $181 / Sq Ft
04/16/2012 04/16/12 Sold $140,000 0.0% --
02/10/2012 02/10/12 Pending -- -- --
02/08/2012 02/08/12 Price Changed $140,000 -12.5% --
08/22/2011 08/22/11 For Sale $160,000 -- --
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 $3,909 $18,141 $693 $17,448
2023 $3,788 $18,141 $693 $17,448
2022 $3,788 $18,141 $693 $17,448
2021 $3,631 $15,143 $563 $14,580
2020 $3,639 $15,143 $563 $14,580
2019 $3,619 $16,875 $563 $16,312
2018 $3,082 $13,741 $498 $13,243
2017 $3,045 $13,741 $498 $13,243
2016 $3,124 $13,741 $498 $13,243
2015 $2,782 $11,824 $433 $11,391
2014 $3,501 $11,830 $439 $11,391
2013 $3,414 $11,830 $439 $11,391
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10428026

Midwest Real Estate Data (MRED)

APN: 09-16-300-118-1041