NOT LISTED FOR SALE

Metropolitan Square Condo 656 Pearson St Unit 502C Des Plaines, IL 60016

Estimated Value: $303,000 - $338,317

2 Beds
2 Baths
1,100 Sq Ft
$545/mo HOA Fee

Last Sold August 23, 2024

Last sale price $285,000 $259 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,865/month

19 Days on Market

Highlights

  • Party Room
  • 3-minute walk to Des Plaines Station
  • 1 Car Attached Garage
  • Maine West High School Rated A-
  • Elevator
  • Soaking Tub

About This Home

As of August 2024

Discover this turn-key condo in the prestigious Metropolitan Square. This residence boasts gorgeous laminate flooring and an open, spacious floor plan, creating an inviting atmosphere. The expansive balcony offers breathtaking eastern views, perfect for morning coffee or evening relaxation.The primary suite features a walk-in closet, a large soaking tub, and a separate shower, providing a private retreat. The large kitchen is a chef's dream, with abundant countertop space, numerous cabinets, and a pantry closet.Additional amenities include an in-unit washer and dryer, convenient attached garage parking, and a dedicated storage space. This pet-friendly building ensures comfort for all members of your household. The assessment covers heat, water, basic cable, and cooking gas. Located just steps from shopping, dining, and entertainment in the vibrant downtown Des Plaines, this unit is a commuter's dream with the Metra station just across the street.

Last Agent to Sell the Property

Katie Bishop

Jameson Sotheby's Intl Realty Listed on: 07/11/2024

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Jill McKee

Coldwell Banker Realty License #475122806

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,729

Year Built

  • Built in 2005

Lot Details

  • 1.38

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • Combination Dining and Living Room
  • Storage
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

  • Maine West High School

Utilities

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

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 76 Units
  • Kelly Monroy Association, Phone Number (312) 329-8538
  • Property managed by GNP Realty Partners
  • 7-Story Property

Amenities

  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,729

Year Built

Built in 2005

Lot Details

0

HOA Fees

$545 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: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: 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

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 1100
  • Room Type: No additional rooms
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 545
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage, Party Room
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: GNP Realty Partners
  • Management Contact Name: Kelly Monroy
  • Management Phone: 312-329-8538
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • High School: Maine West High School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7728.95
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Feb 22, 2024
Sold by
Prasad Ranganatha and Prasad Sheila
Bought by
Chenery Luke and Chenery Heather
Seller's Agent
Pete Gialamas
Century 21 Langos & Christian
Buyer's Agent
Katie Bishop
Jameson Sotheby's Intl Realty
List Price
$298,900
Sold Price
$290,000
Premium/Discount to List
-$8,900
-2.98%
Views
780
Current Estimated Value
$317,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,079
Avg. Annual Appreciation
5.46%

Purchase Details

Listed on
Sep 18, 2012
Closed on
Sep 19, 2012
Sold by
Mccotter Michael B and Mccotter Heidi A
Bought by
Prasad Ranganatha and Prasad Sheila
Seller's Agent
Nick Libert
EXIT Strategy Realty
Buyer's Agent
Pete Gialamas
Century 21 Langos & Christian
List Price
$149,900
Sold Price
$148,000
Premium/Discount to List
-$1,900
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%

Purchase Details

Closed on
Aug 31, 2006
Sold by
Reff Richard M and Reff Nancy L
Bought by
Mccotter Michael B and Mccotter Heidi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2006
Sold by
Metropolitan Square Residential Inc
Bought by
Reff Richard M and Reff Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,472
Interest Rate
6.5%
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
Chenery Luke $290,000 None Listed On Document
Prasad Ranganatha $148,000 Greater Metropolitan Title L
Mccotter Michael B $333,000 Pntn
Reff Richard M $312,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccotter Michael B $266,400
Previous Owner Reff Richard M $247,472
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $285,000 -1.7% $259 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $290,000 0.0% $264 / Sq Ft
02/23/2024 02/23/24 Sold $290,000 -3.0% $264 / Sq Ft View Prior Sale
01/26/2024 01/26/24 Pending -- -- --
10/20/2023 10/20/23 For Sale $298,900 0.0% $272 / Sq Ft
09/29/2022 09/29/22 Rented $2,275 0.0% --
09/02/2022 09/02/22 For Rent $2,275 +24.7% --
09/01/2016 09/01/16 Rented $1,825 0.0% --
08/14/2016 08/14/16 Under Contract -- -- --
07/20/2016 07/20/16 For Rent $1,825 0.0% --
09/27/2012 09/27/12 Sold $148,000 -1.3% -- View Prior Sale
09/19/2012 09/19/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $149,900 -- --
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 $7,919 $30,038 $453 $29,585
2023 $7,729 $30,038 $453 $29,585
2022 $7,729 $30,038 $453 $29,585
2021 $6,497 $21,136 $368 $20,768
2020 $6,387 $21,136 $368 $20,768
2019 $6,339 $23,554 $368 $23,186
2018 $6,189 $20,695 $325 $20,370
2017 $6,080 $20,695 $325 $20,370
2016 $5,751 $20,695 $325 $20,370
2015 $4,801 $15,880 $249 $15,631
2014 $4,700 $15,880 $249 $15,631
2013 $4,583 $15,880 $249 $15,631
Source: Public Records

Agents Affiliated with this Home

  • Katie Bishop

    Seller's Agent in 2024

    Katie Bishop

    Jameson Sotheby's Intl Realty

    (312) 479-4848

    2 in this area

    62 Total Sales

    Katie Bishop
    Section Image
  • Pete Gialamas

    Seller's Agent in 2024

    Pete Gialamas

    Century 21 Langos & Christian

    (847) 962-5851

    40 in this area

    126 Total Sales

    Pete Gialamas
    Section Image
  • Jill McKee

    Buyer's Agent in 2024

    Jill McKee

    Coldwell Banker Realty

    (312) 813-6540

    4 in this area

    45 Total Sales

    Jill McKee
    Section Image
  • Heidi Mergenthaler

    Buyer's Agent in 2022

    Heidi Mergenthaler

    Berkshire Hathaway HomeServices Chicago

    (847) 334-1259

    2 in this area

    64 Total Sales

    Heidi Mergenthaler
    Section Image
  • Nick Libert

    Seller's Agent in 2012

    Nick Libert

    EXIT Strategy Realty

    (312) 493-0920

    153 Total Sales

    Nick Libert
    Section Image
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About Metropolitan Square Condo

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12105251

Midwest Real Estate Data (MRED)

APN: 09-17-415-043-1038

Illinois Cook County Des Plaines 60016

656 Pearson St Unit 502C, Des Plaines, IL

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