$420,000
SOLD DEC 6, 2024

Metropolitan Square Condo 647 Metropolitan Way Unit 514 Des Plaines, IL 60016

2 Beds
2 Baths
1,500 Sq Ft
$499/mo HOA Fee

Recently Sold

$280 Per Sq Ft

7% Below List Price

7 Days on Market

Highlights

  • 1 Car Attached Garage
  • 3-minute walk to Des Plaines Station
  • Laundry Room
  • Maine West High School Rated A-
  • Living Room
  • Central Air

About This Home

As of December 2024

Experience the elegance of this exquisite, two bedroom and two full baths, 5th-floor corner loft with an open floor plan and exceptional natural light. This upgraded unit features custom build walk in closet, 42" cherry wood cabinets, granite countertops in the kitchen, and Brazilian cherry hardwood flooring. Modern stainless steel appliances complement the stylish space, while the bathrooms boast marble sinks and upgraded countertops. Additional highlights include track lighting, auto-controlled custom blinds, a smart AC/HVC control panel, a year-old LG smart electric washer and dryer. Located in a prime area with scenic views of Market Square, few steps away from the shops, restaurants, entertainment, as well as the Metra station. This place has it ALL!

Last Agent to Sell the Property

Patricia Stefanska

@properties Christie's International Real Estate License #475178805 Listed on: 09/13/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Kim Alden

Compass License #475122036

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,726

Year Built

  • Built in 2006

HOA Fees

  • $499 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Chippewa Middle School
  • Maine West High School

Utilities

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

Community Details

Overview

  • Association fees include heat, water, parking, security, exterior maintenance, lawn care, scavenger, snow removal
  • 72 Units
  • Kelly Monroy Association, Phone Number (312) 329-8538
  • Property managed by GNP Management Group
  • 7-Story Property

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,726

Year Built

Built in 2006

Lot Details

0

HOA Fees

$499 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1500
  • Room Type: No additional rooms
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 450000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 499
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: GNP Management Group
  • Management Contact Name: Kelly Monroy
  • Management Phone: 312-329-8538
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Parking, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6726
  • Tax Year: 2023

Multi Family

  • Units in Building: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Dec 5, 2024
Sold by
Karolik Aksana V
Bought by
Vijayakumar Harry Sa and Sophia-Vijayakumar Mary E
Seller's Agent
Patricia Stefanska
@properties Christie's International Real Estate
Buyer's Agent
Kim Alden
Compass
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Views
14
Current Estimated Value
$425,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,746
Avg. Annual Appreciation
-1.79%
Original Mortgage
$384,750
Outstanding Balance
$383,447
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$31,947

Purchase Details

Closed on
Jul 8, 2024
Sold by
Karolik Aliaksandr
Bought by
Karolik Aksana V

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 19, 2018
Sold by
Karolik Aksana V
Bought by
Karolik Aliaksandr
Seller's Agent
Vadim Ratner
MarketMax Realty, Inc.
Buyer's Agent
Vadim Ratner
MarketMax Realty, Inc.
List Price
$290,000
Sold Price
$277,000
Premium/Discount to List
-$13,000
-4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%

Purchase Details

Listed on
Jun 3, 2013
Closed on
Aug 16, 2013
Sold by
Butler Brad A and Butler Deborah A
Bought by
Karolik Aksana V
Seller's Agent
Mary Ann Snick
Berkshire Hathaway HomeServices American Heritage
Buyer's Agent
Anna Tabeau
Coldwell Banker Realty
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%

Purchase Details

Closed on
Apr 27, 2006
Sold by
Metropolitan Square Residential Inc
Bought by
Butler Brad A and Butler Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $420,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $277,000 None Available
Warranty Deed $230,000 Multiple
Special Warranty Deed $314,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,750 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $251,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $420,000 -6.7% $280 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/13/2024 09/13/24 For Sale $450,000 +62.5% $300 / Sq Ft
06/29/2018 06/29/18 Sold $277,000 -4.5% --
06/19/2018 06/19/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $290,000 +4.7% --
05/11/2018 05/11/18 Off Market $277,000 -- --
05/04/2018 05/04/18 For Sale $290,000 +26.1% --
08/16/2013 08/16/13 Sold $230,000 -8.0% --
06/19/2013 06/19/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $249,900 -- --
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 $6,919 $29,561 $446 $29,115
2023 $6,726 $29,561 $446 $29,115
2022 $6,726 $29,561 $446 $29,115
2021 $5,370 $20,800 $362 $20,438
2020 $5,348 $20,800 $362 $20,438
2019 $6,238 $23,180 $362 $22,818
2018 $5,063 $20,366 $320 $20,046
2017 $4,992 $20,366 $320 $20,046
2016 $5,659 $20,366 $320 $20,046
2015 $4,757 $15,735 $245 $15,490
2014 $4,657 $15,735 $245 $15,490
2013 $4,541 $15,735 $245 $15,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12151196

Midwest Real Estate Data (MRED)

APN: 09-17-415-043-1128