NOT LISTED FOR SALE

Estimated Value: $253,000 - $272,004

2 Beds
1 Bath
950 Sq Ft
$486/mo HOA Fee

Last Sold August 22, 2024

Last sale price $245,000 $258 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,399/month

22 Days on Market

Highlights

  • Lock-and-Leave Community
  • 3-minute walk to Des Plaines Station
  • Elevator
  • Maine West High School Rated A-
  • Party Room
  • Balcony

About This Home

As of August 2024

Situated in the heart of downtown Des Plaines, 656 Pearson is just steps away from a variety of shops, restaurants, and entertainment options. The Metra station is nearby, providing easy access to Chicago and surrounding areas, making this location ideal for commuters. This inviting condo features two spacious bedrooms and one well-appointed bath, ideal for professionals, small families, or those looking to downsize without sacrificing comfort. Both bedrooms are generously sized, offering plenty of closet space and large windows that let in abundant natural light. The kitchen boasts stainless steel appliances, including sleek countertops and ample cabinet space. Enjoy the convenience of in-unit laundry, assigned parking, and additional storage space. The building also offers secure entry and an elevator for added convenience. Experience the best of downtown living in this charming condo. Schedule your showing today and see all that 656 Pearson has to offer!

Last Agent to Sell the Property

Anita Willms

Redfin Corporation License #475181459 Listed on: 06/28/2024

Redfin Corporation

Last Buyer's Agent

Keith Schumann

@properties Christie's International Real Estate License #475158110

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,713

Year Built

  • Built in 2005

Lot Details

  • 1.38

HOA Fees

  • $486 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 950 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, water, gas, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 72 Units
  • Gnp Realty Partners Association, Phone Number (312) 329-8538
  • Metropolitan Square Subdivision
  • Property managed by GNP REALTY PARTNERS
  • Lock-and-Leave Community
  • 7-Story Property

Amenities

  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,713

Year Built

Built in 2005

Lot Details

0

HOA Fees

$486 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
  • Subdivision Name: Metropolitan Square
  • 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: 6
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Built-In Oven
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 950
  • Room Type: No additional rooms
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 245000
  • OtherStructures: Storage
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 486
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage, Party Room, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: GNP REALTY PARTNERS
  • Management Contact Name: GNP REALTY PARTNERS
  • Management Phone: 312-329-8538
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 62

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: 5713
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Aug 15, 2024
Sold by
Sparfel Maxime and Sparfel Monika
Bought by
Erickson Darrell Lee
Seller's Agent
Anita Willms
Redfin Corporation
Buyer's Agent
Keith Schumann
@properties Christie's International Real Estate
List Price
$245,000
Sold Price
$245,000
Views
99
Current Estimated Value
$262,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,001
Avg. Annual Appreciation
6.73%
Original Mortgage
$196,000
Outstanding Balance
$193,900
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$68,101

Purchase Details

Listed on
Dec 12, 2014
Closed on
Jun 4, 2015
Sold by
Decarl Donald and Morey Maureen M
Bought by
Sparfel Maxime and Sparfel Monika
Seller's Agent
Maureen Morey
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Rufo Moyo
RE/MAX American Dream
List Price
$197,500
Sold Price
$179,000
Premium/Discount to List
-$18,500
-9.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%
Original Mortgage
$123,750
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
Apr 18, 2006
Sold by
Metropolitan Square Residential Inc
Bought by
Decarl Donald and Morey Maureen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,370
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Erickson Darrell Lee $245,000 Near North Title
Sparfel Maxime $179,000 Chicago Title Insurance Co
Decarl Donald $265,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Darrell Lee $196,000
Previous Owner Sparfel Maxime $123,750
Previous Owner Decarl Donald $206,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $245,000 0.0% $258 / Sq Ft
07/14/2024 07/14/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $245,000 0.0% $258 / Sq Ft
06/06/2016 06/06/16 Rented $1,600 0.0% --
06/04/2016 06/04/16 Under Contract -- -- --
05/26/2016 05/26/16 Price Changed $1,600 -5.9% $1 / Sq Ft
05/23/2016 05/23/16 Price Changed $1,700 -4.2% $1 / Sq Ft
04/26/2016 04/26/16 For Rent $1,775 0.0% --
06/04/2015 06/04/15 Sold $179,000 -4.5% --
04/20/2015 04/20/15 Pending -- -- --
04/08/2015 04/08/15 Price Changed $187,500 -5.1% --
03/02/2015 03/02/15 For Sale $197,500 +10.3% --
03/02/2015 03/02/15 Off Market $179,000 -- --
12/12/2014 12/12/14 For Sale $197,500 -- --
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 $5,853 $22,202 $335 $21,867
2023 $5,713 $22,202 $335 $21,867
2022 $5,713 $22,202 $335 $21,867
2021 $4,802 $15,622 $272 $15,350
2020 $4,721 $15,622 $272 $15,350
2019 $4,685 $17,410 $272 $17,138
2018 $4,575 $15,296 $240 $15,056
2017 $4,494 $15,296 $240 $15,056
2016 $4,251 $15,296 $240 $15,056
2015 $3,573 $11,818 $184 $11,634
2014 $3,497 $11,818 $184 $11,634
2013 -- $11,818 $184 $11,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12090617

Midwest Real Estate Data (MRED)

APN: 09-17-415-043-1055