NOT LISTED FOR SALE

562 S 4th Ave Des Plaines, IL 60016

Estimated Value: $456,000 - $479,000

4 Beds
2 Baths
2,200 Sq Ft
$214/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $377,000 $171 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,265/month

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Stainless Steel Appliances
  • Terrace Elementary School Rated A-
  • Granite Countertops
  • Detached Garage

About This Home

As of April 2021

Beautiful heritage farmhouse style home that offers vintage charm, well preserved detail & a massive floor plan that's ready for its next owner! Updated throughout while maintaining rarely seen 1920's craftsmanship, this 3 story home offers original oak hardwood flooring, intricate trim & woodwork, charming arched doorways, original built in shelving / fireplace, abundant windows that offer endless natural light, a renovated kitchen w/ 42" custom cabinets, granite counters, & stainless steel appliances, three generous bedrooms on the second floor, a bonus 20x16 fourth bedroom on the third floor, a renovated basement perfect for any use, two updated bathrooms, central heat/air, fantastic deck that overlooks your private & tranquil backyard, mature oak trees, a extra long driveway, & a two car garage! Stellar location that is close to parks, restaurants, shopping, Metra, & Downtown Des Plaines! Thoughtfully maintained with nothing left to do but move in, make it yours today!

Last Agent to Sell the Property

Tim Lorimer

Compass Listed on: 03/08/2021

Compass

Co-Listed By

Kirk Giannola

Compass

Last Buyer's Agent

Ryan Gable

Starting Point Realty, Inc. License #471010480

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1928 | 2016

Lot Details

  • 5,227

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • Soaking Tub
  • Built-In Features
  • Historic or Period Millwork
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Finished Basement

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

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Year Built | Renovated

1928 | 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 2
  • Type Detached: 3 Stories
  • Estimated Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928
  • Year Renovated: 2016

Interior Features

  • Interior Property Features: Hardwood Floors, Built-in Features, Historic/Period Mlwk, Granite Counters
  • Number Of Rooms: 7
  • Living Room: Dimensions: 21X15, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X3, On Level: Basement
  • Dining Room: Dimensions: 13X11, On Level: Main Level
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level
  • Additional Rooms: Deck
  • Master Bedroom: Dimensions: 14X12, On Level: 2nd Level
  • Additional Room 1 Name: Deck, Dimensions: 14X12, On Level: Main Level
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level
  • Bedroom 3: Dimensions: 13X8, On Level: 2nd Level
  • Bedroom 4: Dimensions: 20X16, On Level: 3rd Level
  • Estimated Sq Ft: 2200

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Exterior Property Features: Deck
  • Acreage: 0.122

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 1544

Schools

  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: 40X133.1X40.3X133.1
  • Parcel Identification Number: 09184040180000

Tax Info

  • Taxes: 4767.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 8, 2021
Sold by
Clements Sheila J and Sheila J Clements Living Trust
Bought by
Rogers Amy and Thompson Jared
Seller's Agent
Tim Lorimer
Compass
Buyer's Agent
Ryan Gable
Starting Point Realty, Inc.
List Price
$350,000
Sold Price
$377,000
Premium/Discount to List
$27,000
7.71%
Current Estimated Value
$477,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,335
Avg. Annual Appreciation
4.78%
Original Mortgage
$301,600
Outstanding Balance
$271,080
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$199,430

Purchase Details

Closed on
Jun 21, 2007
Sold by
Clements Sheila J and Jandrisits Alice M
Bought by
Clements Sheila J and Sheila J Clements Living Trust

Purchase Details

Closed on
Feb 6, 1997
Sold by
Reed Brian W and Reed Jillian M
Bought by
Clements Sheila J and Jandrisits Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
7.73%

Purchase Details

Closed on
Oct 7, 1994
Sold by
Werner Nathaniel J and Werner Mayra M
Bought by
Reed Brian W and Coconate Jillian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
5.75%
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rogers Amy $377,000 Chicago Title
Clements Sheila J -- None Available
Clements Sheila J $205,000 Attorneys Natl Title Network
Reed Brian W $157,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Amy $301,600
Previous Owner Clements Sheila J $184,500
Previous Owner Reed Brian W $149,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $377,000 +7.7% $171 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $350,000 -- $159 / 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
2025 $9,228 $42,703 $4,788 $37,915
2024 $9,228 $35,000 $3,990 $31,010
2023 $9,006 $35,000 $3,990 $31,010
2022 $9,006 $35,000 $3,990 $31,010
2021 $4,826 $19,030 $3,192 $15,838
2020 $4,813 $19,030 $3,192 $15,838
2019 $4,768 $21,145 $3,192 $17,953
2018 $6,531 $25,272 $2,793 $22,479
2017 $6,433 $25,272 $2,793 $22,479
2016 $6,329 $25,272 $2,793 $22,479
2015 $6,374 $23,707 $2,394 $21,313
2014 $6,256 $23,707 $2,394 $21,313
2013 $6,082 $23,707 $2,394 $21,313
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11015681

Midwest Real Estate Data (MRED)

APN: 09-18-404-018-0000