NOT LISTED FOR SALE

700 Graceland Ave Unit 202 Des Plaines, IL 60016

Estimated Value: $192,000 - $228,000

1 Bed
1 Bath
700 Sq Ft
$273/mo HOA Fee

Last Sold June 02, 2022

Last sale price $185,000 $264 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,667/month

1 Day on Market

Highlights

  • Elevator
  • 1 Car Attached Garage
  • Laundry Room
  • Central Elementary School Rated A
  • Resident Manager or Management On Site
  • Sliding Doors

About This Home

As of June 2022

Wonderfully updated 1 bedroom/1 bath condo in an excellent location in the heart of downtown Des Plaines. This 2nd floor west-facing unit offers an updated kitchen with white cabinets, granite countertops and backsplash and stainless steel appliances. Beautiful wood laminate flooring throughout. Newer full bath with step-in shower. Custom made built-in bookshelves and desk for your home office needs. Spacious and quiet balcony off main living area. Central air and radiant floor heat. This condo even offers in-unit laundry and heated attached garage parking!! Same floor storage unit. Monthly assessment ($273) covers heat, water, gas, parking, exterior maintenance, lawn care, scavenger and snow removal. Well-maintained and secure building with excellent reserves. Home warranty included from seller. Half a block to Metra station and entertainment district. Furnishings can be purchased separately if desired.

Last Agent to Sell the Property

Nicole Hajdu

Dream Town Real Estate License #475130785 Listed on: 04/09/2022

Dream Town Real Estate

Last Buyer's Agent

Alex Gemignani

HomeSmart Connect LLC License #475113507

HomeSmart Connect LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $204

Year Built

  • Built in 1989

Lot Details

  • 0.87

HOA Fees

  • $273 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 700 Sq Ft Home
  • Sliding Doors
  • Combination Dining and Living Room
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Central Elementary School
  • Algonquin Middle School
  • Maine West High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 60 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 48 Units
  • Lynn Mosier Association, Phone Number (847) 985-6464
  • Property managed by American Property Management
  • 7-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$204

Year Built

Built in 1989

Lot Details

0

HOA Fees

$273 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: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood, Gas Cooktop, Gas Oven
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Wood Laminate Floors
  • LivingArea: 700
  • Room Type: No additional rooms
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 0
  • Assessed 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
  • Door Features: Sliding Doors

Exterior Features

  • List Price: 175000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Service - 60 Amp
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 273
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: American Property Management
  • Management Contact Name: Lynn Mosier
  • Management Phone: 847-985-6464
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Central Elementary School
  • High School: Maine West High School
  • Middle/Junior School: Algonquin Middle School
  • Middle/Junior School District: 62

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 203.72
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 26, 2022
Sold by
Chicago Title Land Trust Company
Bought by
Loveisky Matthew T
Seller's Agent
Nicole Hajdu
Dream Town Real Estate
Buyer's Agent
Alex Gemignani
HomeSmart Connect LLC
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Total Days on Market
1
Current Estimated Value
$208,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,384
Avg. Annual Appreciation
4.11%
Original Mortgage
$179,450
Outstanding Balance
$172,550
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$36,565

Purchase Details

Closed on
May 10, 2006
Sold by
Cacioppo Joyce
Bought by
Chicago Title Land Trust Company and Trust Number 8002346486

Purchase Details

Closed on
Jan 28, 2005
Sold by
Cacioppo Antoinette L
Bought by
Cacioppo Joyce

Purchase Details

Closed on
Apr 27, 2004
Sold by
Elster Kathleen J
Bought by
Cacioppo Antoinette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1994
Sold by
Stover Earle P and Stover Ginette J
Bought by
Elster Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
3.95%
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 Buyer Sale Price Title Company
Loveisky Matthew T $185,000 None Listed On Document
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Cacioppo Joyce -- --
Cacioppo Antoinette $155,000 Atgf Inc
Elster Kathleen J $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loveisky Matthew T $179,450
Previous Owner Cacioppo Joyce $125,000
Previous Owner Cacioppo Antoinette $139,500
Previous Owner Elster Kathleen J $90,000
Previous Owner Elster Kathleen J $67,500
Previous Owner Elster Kathleen J $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $185,000 +5.7% $264 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $175,000 -- $250 / 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 $3,459 $13,122 $444 $12,678
2023 $3,376 $13,122 $444 $12,678
2022 $3,376 $13,122 $444 $12,678
2021 $3,190 $10,378 $360 $10,018
2020 $204 $10,378 $360 $10,018
2019 $201 $11,564 $360 $11,204
2018 $223 $9,197 $319 $8,878
2017 $215 $9,197 $319 $8,878
2016 $810 $9,197 $319 $8,878
2015 $926 $7,578 $277 $7,301
2014 $888 $7,578 $277 $7,301
2013 $344 $7,578 $277 $7,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11358655

Midwest Real Estate Data (MRED)

APN: 09-17-423-029-1002