NOT LISTED FOR SALE

Metropolitan Square Condo 647 Metropolitan Way Unit 505L Des Plaines, IL 60016

Estimated Value: $240,386 - $268,000

1 Bed
1 Bath
927 Sq Ft
$284/mo HOA Fee

Last Sold September 28, 2018

Last sale price $177,700 $192 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,906/month

4 Days on Market

Highlights

  • Walk-In Pantry
  • 3-minute walk to Des Plaines Station
  • Balcony
  • Maine West High School Rated A-
  • Stainless Steel Appliances
  • Attached Garage

About This Home

As of September 2018

ENJOY THIS 1 BEDROOM 1 BATH LOFT STYLE CONDO AT METROPOLITAN SQUARE IN DOWNTOWN DES PLAINES! BEAUTIFUL KITCHEN WITH 42' CABINETS, STAINLESS STEEL APPLIANCES, GRANITE COUNTER TOPS AND EXTRA LONG GRANITE BREAKFAST BAR. OPEN CONCEPT KITCHEN, DINING ROOM AND LIVING ROOM, GREAT FOR ENTERTAINING! LARGE BEDROOM HOLDS A KING SIZE BED & HAS A WALK-IN CLOSET PLUS ADDITIONAL SLIDING DOOR CLOSET. ENTER LARGE DOUBLE SINK BATHROOM THROUGH BEDROOM OR HALL. IN UNIT WASHER AND DRYER. COVERED ASSIGNED GARAGE PARKING DIRECTLY ACROSS STREET FROM BUILDING. FHA APPROVED.

Last Agent to Sell the Property

Lorraine Farinella

@properties Christie?s International Real Estate License #471002431 Listed on: 08/21/2018

@properties Christie?s International Real Estate

Last Buyer's Agent

Peter Karahalios

The Realty Brokers Ltd. License #471015397

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,745

Year Built

  • 2006

Lot Details

  • 1.38

HOA Fees

  • $284 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Flexicore

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Storage
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • East or West Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,745

Year Built

2006

Lot Details

0

HOA Fees

$284 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 5
  • Age: 11-15 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 2006
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Built: 2006

Interior Features

  • Interior Property Features: Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Flexicore
  • Number Of Rooms: 3
  • Living Room: Dimensions: 24X11, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Bedrooms All Levels: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 927
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • 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
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Radiant

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Storage
  • Assessment Includes: Heat, Water, Gas, Common Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 284
  • Management Contact Name: Tim Wargo
  • Management Phone: 847-439-4151

Fee Information

  • Management Company: GNP Management Group

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: 09174150431119

Multi Family

  • Total Number Unitsin Building: 72
  • Number Stories: 6

Tax Info

  • Taxes: 3545.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2018
Closed on
Sep 24, 2018
Sold by
Grochowski Mark T
Bought by
George John
Seller's Agent
Lorraine Farinella
@properties Christie?s International Real Estate
Buyer's Agent
Peter Karahalios
The Realty Brokers Ltd.
List Price
$183,000
Sold Price
$177,700
Premium/Discount to List
-$5,300
-2.9%
Current Estimated Value
$250,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,397
Avg. Annual Appreciation
4.95%
Original Mortgage
$142,160
Outstanding Balance
$124,626
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$125,471

Purchase Details

Closed on
Apr 25, 2006
Sold by
Metropolitan Square Residential Inc
Bought by
Grochowski Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,100
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
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
George John $178,000 Attorneys Title Guaranty Fun
Grochowski Mark T $217,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George John $142,160
Previous Owner Grochowski Mark T $195,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $177,700 -2.9% $192 / Sq Ft
08/25/2018 08/25/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $183,000 -- $197 / 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 $3,745 $17,519 $264 $17,255
2023 $3,628 $17,519 $264 $17,255
2022 $3,628 $17,519 $264 $17,255
2021 $2,765 $12,327 $214 $12,113
2020 $2,788 $12,327 $214 $12,113
2019 $3,697 $13,737 $214 $13,523
2018 $3,609 $12,069 $189 $11,880
2017 $3,546 $12,069 $189 $11,880
2016 $3,354 $12,069 $189 $11,880
2015 $2,819 $9,325 $145 $9,180
2014 $2,760 $9,325 $145 $9,180
2013 $2,691 $9,325 $145 $9,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10058430

Midwest Real Estate Data (MRED)

APN: 09-17-415-043-1119