Seller's Agent in 2023
Ellen Ritsos
The McDonald Group
(847) 845-8272
6 in this area
105 Total Sales
711 S River Rd Unit 511 Des Plaines, IL 60016
Estimated Value: $245,000 - $265,000
2
Beds
2
Baths
1,340
Sq Ft
$454/mo
HOA Fee
Highlights
- Fitness Center
- Waterfront
- 1 Car Attached Garage
- Maine West High School Rated A-
- Balcony
- Resident Manager or Management On Site
About This Home
As of December 2023FRESHLY PAINTED 2BR 2BA IN THE LANDMARK BUILDING IN DOWNTOWN DES PLAINES. BOTH GENEROUS SIZED BEDROOMS AND THE PRIMARY HAS A LARGE WALK IN CLOSET. EAT IN KITCHEN WITH ACCESS TO LARGE BALCONY FROM KITCHEN AND THE LIVING ROOM. 5TH FLOOR UNIT. HEATED DEEDED GARAGE SPACE #31 AND OUTSIDE SPACE #73. SAME FLOOR LAUNDRY AND STORAGE. BATHROOM FAUCETS AND TOILETS BRAND NEW. ON SITE MANAGER TWO DAYS A WEEK. SECURED LOBBY, PARTYROOM WITH KITCHEN. PRIVATE GROUNDS ALONG THE RIVER. EXERCIZE ROOM AND TONS OF GUEST PARKING. TAXES: HOMEOWNER EXEMPTION $880.10 SENIOR EXEMPTION $704.08 (GARAGE PIN# 091630401212218 $148.OO ANNUAL)
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,966
Year Built
- Built in 1983
Lot Details
- Waterfront
- Additional Parcels
HOA Fees
- $454 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,340 Sq Ft Home
- Combination Dining and Living Room
- Storage
- Laminate Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
Home Security
Outdoor Features
- Balcony
Schools
- Forest Elementary School
- Algonquin Middle School
- Maine East High School
Utilities
- Central Air
- Heating Available
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, parking, insurance, security, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 119 Units
- Minnette Johnson Association, Phone Number (312) 810-2525
- High-Rise Condominium
- Property managed by ADVANTAGE MANAGEMENT
- 7-Story Property
Amenities
- Community Storage Space
- Elevator
Recreation
- Fitness Center
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 23, 2023
Closed on
Nov 27, 2023
Sold by
Mathias Richard
Bought by
Rutkowski James and Rutkowski Renee
Seller's Agent
Ellen Ritsos
HomeSmart Connect LLC
Buyer's Agent
Connie Dornan
@properties Christie's International Real Estate
List Price
$224,000
Sold Price
$218,000
Premium/Discount to List
-$6,000
-2.68%
Total Days on Market
2
Views
97
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,733
Avg. Annual Appreciation
13.18%
Original Mortgage
$174,400
Outstanding Balance
$172,281
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$86,328
Purchase Details
Listed on
Jan 26, 2018
Closed on
Mar 19, 2018
Sold by
Krishnan Archana and Neelakantan Rajaram
Bought by
Mathias Richard
Seller's Agent
Steve Katsaros
HomeSmart Connect LLC
Buyer's Agent
Ellen Ritsos
HomeSmart Connect LLC
List Price
$165,000
Sold Price
$156,000
Premium/Discount to List
-$9,000
-5.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$159,354
Interest Rate
4.5%
Mortgage Type
VA
Purchase Details
Closed on
Aug 12, 2008
Sold by
Jackson Esther
Bought by
Neelakantan Rajaram
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.12%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rutkowski James | $218,000 | Chicago Title | |
| Mathias Richard | $156,000 | Attorney | |
| Neelakantan Rajaram | $180,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rutkowski James | $174,400 | |
| Previous Owner | Mathias Richard | $158,578 | |
| Previous Owner | Mathias Richard | $159,354 | |
| Previous Owner | Neelakantan Rajaram | $162,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/21/2023 12/21/23 | Sold | $218,000 | -2.7% | $163 / Sq Ft |
| 11/26/2023 11/26/23 | Pending | -- | -- | -- |
| 11/23/2023 11/23/23 | For Sale | $224,000 | +43.6% | $167 / Sq Ft |
| 03/22/2018 03/22/18 | Sold | $156,000 | -1.3% | $116 / Sq Ft |
| 02/17/2018 02/17/18 | Pending | -- | -- | -- |
| 02/15/2018 02/15/18 | Price Changed | $158,000 | -4.2% | $118 / Sq Ft |
| 01/26/2018 01/26/18 | For Sale | $165,000 | -- | $123 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,817 | $17,106 | $621 | $16,485 |
| 2023 | $2,817 | $17,106 | $621 | $16,485 |
| 2022 | $2,817 | $17,106 | $621 | $16,485 |
| 2021 | $2,301 | $13,482 | $504 | $12,978 |
| 2020 | $2,387 | $13,482 | $504 | $12,978 |
| 2019 | $2,382 | $15,024 | $504 | $14,520 |
| 2018 | $1,965 | $12,755 | $446 | $12,309 |
| 2017 | $2,756 | $12,755 | $446 | $12,309 |
| 2016 | $2,850 | $12,755 | $446 | $12,309 |
| 2015 | $2,342 | $10,370 | $422 | $9,948 |
| 2014 | $2,309 | $10,370 | $422 | $9,948 |
| 2013 | $2,119 | $9,133 | $422 | $8,711 |
Source: Public Records
Agents Affiliated with this Home
-
Ellen Ritsos
-
Connie Dornan
Buyer's Agent in 2023
Connie Dornan
@ Properties
(847) 208-1397
16 in this area
652 Total Sales
-
Steve Katsaros
Seller's Agent in 2018
Steve Katsaros
The McDonald Group
(847) 942-6101
4 in this area
60 Total Sales
Map
Similar Homes in the area
Source: Midwest Real Estate Data (MRED)
MLS Number: 11931173
APN: 09-16-304-012-1062
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