NOT LISTED FOR SALE

718 Laurel Ave Des Plaines, IL 60016

Estimated Value: $490,070 - $656,000

5 Beds
3 Baths
1,910 Sq Ft
$285/Sq Ft Est. Value

Last Sold August 22, 2012

Last sale price $330,000 $173 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,588/month

140 Days on Market

Highlights

  • Spa
  • Heated Floors
  • Sun or Florida Room
  • Central Elementary School Rated A-
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of August 2012

Contemporary Old Charm!Craftsman Style Brick Bungalow, 5 beds, 2.5 bath, 1.5 car Gar. Great Residential Block Downtown. Gorgeous eat-in Kitchen Boasts Granite C-tops & Birch Cabinets, Front Sunroom w/Skylights and Ceiling Fans. Original Woodwork Throughout.Jacuzzi Rm with Skylight, Ample Closets.Bath on Every Level.Full Unfinished Bsmt Ready For Your Ideas. Above Ground Pool-Easy Removal if Desired. Motivated Seller.

Last Agent to Sell the Property

Cornelia Matache

Coldwell Banker Realty License #471004613 Listed on: 02/07/2012

Coldwell Banker Realty

Co-Listed By

Cheryl Bellavia

Baird & Warner License #471019640

Last Buyer's Agent

Dympna Fay-Hart

Baird & Warner License #471017153

Property Details

Home Type

  • Other

Year Built

  • 1914

Lot Details

  • 0.27

Parking

  • Detached Garage
  • Garage Door Opener
  • Side Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Formal Dining Room
  • Sun or Florida Room

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Soaking Tub

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Pool

  • Spa
  • Above Ground Pool

Utilities

  • Radiator
  • Lake Michigan Water

Property Details

Home Type

Other

Year Built

1914

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Architectural Style: Bungalow
  • Type Detached: 2 Stories
  • Special Features: None
  • Year Built: 1914

Interior Features

  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplaces: 1
  • Interior Property Features: Skylight(s), Hot Tub, Hardwood Floors, Heated Floors, 1st Floor Bedroom
  • Number Of Rooms: 9
  • Equipment: Ceiling Fan
  • Fireplace Details: Wood Burning, Gas Starter
  • Attic: Unfinished
  • Basement: Full, Walkout
  • Basement: Unfinished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 15X14
  • Master Bedroom Window Treatments: Shades
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 12X10
  • Second Bedroom Flooring: Hardwood
  • Second Bedroom Window Treatments: Blinds
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 11X10
  • Third Bedroom Flooring: Hardwood
  • Third Bedroom Window Treatments: Blinds
  • Fourth Bedroom Level: Main Level
  • Fourth Bedroom Size: 11X11
  • Fourth Bedroom Flooring: Hardwood
  • Fourth Bedroom Window Treatments: Blinds
  • Bathroom Amenities: Soaking Tub
  • Living Room Level: Main Level
  • Living Room Size: 23X12
  • Living Room Flooring: Hardwood
  • Living Room Window Treatments: Blinds, Curtains/Drapes
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 15X11
  • Dining Room Flooring: Hardwood
  • Dining Room Window Treatments: Blinds, Curtains/Drapes
  • Kitchen Type: Eating Area-Table Space, Island
  • Kitchen Level: Main Level
  • Kitchen Size: 15X12
  • Kitchen Flooring: Hardwood
  • Kitchen Window Treatments: Blinds
  • Laundry Level: Basement
  • Laundry Size: 15X10
  • Additional Rooms: 5th Bedroom, Eating Area, Sun/Florida Room
  • Additional Room 1 Name: Eating Area
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 12X8
  • Additional Room 1 Flooring: Slate
  • Additional Room 1 Window Treatment: Blinds
  • Additional Room 2 Name: Sunroom
  • Additional Room 2 Level: Main Level
  • Additional Room 2 Size: 31X8
  • Additional Room 2 Window Treatment: Blinds
  • Additional Room 3 Name: 5th Bdrm
  • Additional Room 3 Level: Main Level
  • Additional Room 3 Size: 11X10
  • Additional Room 3 Flooring: Hardwood
  • Additional Room 3 Window Treatment: Blinds

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame
  • Exterior Property Features: Pool Above Ground

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete, Side Drive
  • Parking Included In Price: Yes

Utilities

  • Cooling: Central Air, Space Pac
  • Electricity: Circuit Breakers, 200+ Amp Service
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Schools

  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: 73X157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2012
Closed on
Aug 22, 2012
Sold by
Gut Michael E and Gut Joyce Ann
Bought by
Mortensen James and Mortensen Annabelle
Seller's Agent
Cornelia Matache
Coldwell Banker Realty
Buyer's Agent
Dympna Fay-Hart
Baird & Warner
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%
Current Estimated Value
$544,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,518
Avg. Annual Appreciation
3.81%
Original Mortgage
$230,000
Outstanding Balance
$156,486
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$388,032

Purchase Details

Closed on
Aug 4, 2003
Sold by
Gut Michael E
Bought by
Gut Michael E and Gut Joyce Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 30, 2003
Sold by
Gut Michael E
Bought by
Gut Michael E and Gut Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.01%

Purchase Details

Closed on
Feb 28, 2000
Sold by
Uhr Burton and Uhr Vicki
Bought by
Gut Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.26%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mortensen James $330,000 None Available
Gut Michael E -- Cti
Gut Michael E -- --
Gut Michael E $317,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mortensen James $230,000
Previous Owner Gut Michael E $247,500
Previous Owner Gut Michael E $247,500
Previous Owner Gut Michael E $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2012 08/22/12 Sold $330,000 -5.7% $173 / Sq Ft
06/26/2012 06/26/12 Pending -- -- --
06/20/2012 06/20/12 For Sale $349,900 0.0% $183 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
03/29/2012 03/29/12 Price Changed $349,900 -5.2% $183 / Sq Ft
02/07/2012 02/07/12 For Sale $369,000 -- $193 / 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
2025 $8,877 $47,000 $10,665 $36,335
2024 $8,877 $36,984 $9,480 $27,504
2023 $8,636 $36,984 $9,480 $27,504
2022 $8,636 $36,984 $9,480 $27,504
2021 $7,025 $26,184 $7,702 $18,482
2020 $6,975 $26,184 $7,702 $18,482
2019 $6,907 $29,094 $7,702 $21,392
2018 $6,717 $25,894 $6,813 $19,081
2017 $8,007 $30,629 $6,813 $23,816
2016 $7,817 $30,629 $6,813 $23,816
2015 $8,391 $30,378 $5,925 $24,453
2014 $8,230 $30,378 $5,925 $24,453
2013 $8,007 $30,378 $5,925 $24,453
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07990719

Midwest Real Estate Data (MRED)

APN: 09-17-422-021-0000