NOT LISTED FOR SALE

787 Graceland Ave Unit 404B Des Plaines, IL 60016

Estimated Value: $254,000 - $285,000

1 Bed
1 Bath
1,000 Sq Ft
$315/mo HOA Fee

Last Sold October 30, 2023

Last sale price $242,000 $242 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,129/month

5 Days on Market

Highlights

  • Heated Floors
  • Lock-and-Leave Community
  • Balcony
  • Central Elementary School Rated A
  • Stainless Steel Appliances
  • 1 Car Attached Garage

About This Home

As of October 2023

Welcome home to this gorgeous condo located in the heart of DesPlaines. This spacious 1 bedroom, 1 bath home includes a large kitchen with SS appliances, granite countertops, large center island and a nook that would make a great office space. Relax in the spacious bedroom that includes a generous walk in closet. This roomy condo also includes laminate flooring throughout, 9ft ceilings, newly remodeled full bathroom, in unit laundry and new light fixtures. Also included is a parking space in the heated garage and a large storage unit conveniently located across the hall. Walking distance to restaurants, shopping and the Metra train station. This home is a must see! Schedule your tour today

Last Agent to Sell the Property

Jamie Carlson

Redfin Corporation License #475183708 Listed on: 09/06/2023

Redfin Corporation

Last Buyer's Agent

Elizabeth LaTour

Baird & Warner License #475143850

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,554

Year Built

  • Built in 2007

Lot Details

  • 2.18

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • Ceiling Fan
  • Aluminum Window Frames
  • Combination Kitchen and Dining Room
  • Storage

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Heated Floors
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 6 Units
  • Chicagoland Property Mgmt Association, Phone Number (847) 490-3833
  • Property managed by Chicagoland Property Mgmt
  • Lock-and-Leave Community
  • 6-Story Property

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,554

Year Built

Built in 2007

Lot Details

0

HOA Fees

$315 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: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Wood Laminate Floors, Heated Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 1000
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: Aluminum Frames
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 315
  • Association Amenities: Elevator(s), Storage, On Site Manager/Engineer, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Chicagoland Property Mgmt
  • Management Contact Name: Chicagoland Property Mgmt
  • Management Phone: 847-490-3833
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • 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: 1554
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 27, 2023
Sold by
Parzych Piotr
Bought by
Soriano Vida A
Seller's Agent
Jamie Carlson
Redfin Corporation
Buyer's Agent
Elizabeth LaTour
Baird & Warner
List Price
$245,000
Sold Price
$242,000
Premium/Discount to List
-$3,000
-1.22%
Views
53
Current Estimated Value
$272,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,575
Avg. Annual Appreciation
6.04%
Original Mortgage
$184,000
Outstanding Balance
$181,251
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$89,582

Purchase Details

Listed on
Oct 17, 2013
Closed on
Nov 27, 2013
Sold by
Federal National Mortgage Association
Bought by
Parzych Piotr
Seller's Agent
Richard Wolnik
Riklin Realty
Buyer's Agent
Marta Neira
arhome realty
List Price
$129,900
Sold Price
$124,900
Premium/Discount to List
-$5,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$118,655
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2013
Sold by
Ruzak Kathleen A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 5, 2007
Sold by
841 Graceland Llc
Bought by
Ruzak Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Soriano Vida A $242,000 None Listed On Document
Parzych Piotr $125,000 Premier Title
Federal National Mortgage Association -- Premier Title
Ruzak Kathleen A $254,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soriano Vida A $184,000
Previous Owner Parzych Piotr $118,655
Previous Owner Ruzak Kathleen A $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $242,000 -1.2% $242 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $245,000 +96.2% $245 / Sq Ft
12/06/2013 12/06/13 Sold $124,900 -3.8% --
10/28/2013 10/28/13 Pending -- -- --
10/17/2013 10/17/13 For Sale $129,900 -- --
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 $4,426 $20,105 $461 $19,644
2023 $4,293 $20,105 $461 $19,644
2022 $4,293 $20,105 $461 $19,644
2021 $2,825 $12,520 $374 $12,146
2020 $2,846 $12,520 $374 $12,146
2019 $2,832 $13,951 $374 $13,577
2018 $3,524 $15,219 $331 $14,888
2017 $3,479 $15,219 $331 $14,888
2016 $3,535 $15,219 $331 $14,888
2015 $3,298 $13,532 $288 $13,244
2014 $4,005 $13,532 $288 $13,244
2013 $3,146 $13,532 $288 $13,244
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11862596

Midwest Real Estate Data (MRED)

APN: 09-17-425-056-1102