NOT LISTED FOR SALE

787 Graceland Ave Unit 405B Des Plaines, IL 60016

Estimated Value: $437,000 - $471,000

3 Beds
2 Baths
1,856 Sq Ft
$499/mo HOA Fee

Last Sold June 16, 2022

Last sale price $410,000 $221 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,508/month

3 Days on Market

Highlights

  • Heated Floors
  • Lock-and-Leave Community
  • Elevator
  • Central Elementary School Rated A
  • Den
  • Stainless Steel Appliances

About This Home

As of June 2022

RECEIVED MULTIPLE OFFERS ASKING FOR HIGHEST AND BEST BY 6:00PM 5/16/22 THANK YOU! Gorgeous 3 bed, 2 bath with a den Wedgewood Model at the Waterford in downtown Des Plaines. Open floor plan with large balcony, wooden Bahama shutters and high end upgrades throughout!! Beautiful kitchen features upgraded cabinet package with pull outs, built in microwave and coffee maker with water line, granite counter tops, ceramic back splash, all stainless steel appliances with a 2 year old refrigerator and breakfast bar. Large closets, New Carpeting, Freshly painted, Laundry room with wall cabinets and upgraded laundry tub and new washer and dryer. Extra large storage room. This unit comes with its own individual garage door with remote/keypad that leads directly to garage parking spot. Prime location to walk to the Metra train station, downtown shops, parks and restaurants. Easy access to O'Hare and Interstate.

Last Agent to Sell the Property

Maria Fanizza

Berkshire Hathaway HomeServices American Heritage License #475136195 Listed on: 05/13/2022

Berkshire Hathaway HomeServices American Heritage

Last Buyer's Agent

Jay Crowley

@properties Christie?s International Real Estate License #475126796

@properties Christie?s International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,685

Year Built

  • Built in 2007

Lot Details

  • 2.18

HOA Fees

  • $499 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,856 Sq Ft Home
  • Combination Dining and Living Room
  • Den
  • Storage

Kitchen

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

Flooring

  • Heated Floors
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry in unit
  • Sink Near Laundry
  • Washer and Dryer Hookup

Home Security

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, snow removal
  • 36 Units
  • Building 787 Association, Phone Number (847) 490-3833
  • The Waterford Of Des Plaines Subdivision, Wedgewood Floorplan
  • Property managed by Associa Chicagoland
  • Lock-and-Leave Community
  • 6-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,685

Year Built

Built in 2007

Lot Details

0

HOA Fees

$499 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: The Waterford of Des Plaines
  • Year Built: 2007
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors, Heated Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1856
  • Room Type: Den
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • List Price: 399900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 499
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Building 787
  • Management Phone: 847-490-3833
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 62

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4685
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 17, 2022
Sold by
Gerardi Anthony P and Gerardi Giovanna
Bought by
Carlino Carol
Seller's Agent
Maria Fanizza
Berkshire Hathaway HomeServices American Heritage
Buyer's Agent
Jay Crowley
@properties Christie?s International Real Estate
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Current Estimated Value
$452,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,049
Avg. Annual Appreciation
3.33%

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jul 19, 2019
Sold by
Cygan Richard A
Bought by
Gerardi Anthony P and Gerardi Giovanna
Seller's Agent
Monica Eastridge
MTM Realty, Inc.
Buyer's Agent
Maria Fanizza
Berkshire Hathaway HomeServices American Heritage
List Price
$359,900
Sold Price
$341,000
Premium/Discount to List
-$18,900
-5.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
Aug 12, 2008
Sold by
841 Graceland Llc
Bought by
Cygan Richard A and Cygan Juanita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,300
Interest Rate
6.55%
Mortgage Type
Unknown
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
Carlino Carol $410,000 Chicago Title
Gerardi Anthony P $341,000 Chicago Title Company
Cygan Richard A $404,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cygan Richard A $363,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $410,000 +2.5% $221 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $399,900 +17.3% $215 / Sq Ft
07/19/2019 07/19/19 Sold $341,000 -2.5% $184 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
04/29/2019 04/29/19 Price Changed $349,900 -2.8% $189 / Sq Ft
04/11/2019 04/11/19 For Sale $359,900 -- $194 / 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 $7,354 $33,860 $777 $33,083
2023 $7,128 $33,860 $777 $33,083
2022 $7,128 $33,860 $777 $33,083
2021 $4,434 $21,087 $631 $20,456
2020 $4,685 $21,087 $631 $20,456
2019 $3,938 $23,497 $631 $22,866
2018 $4,384 $25,632 $558 $25,074
2017 $5,745 $25,632 $558 $25,074
2016 $4,825 $25,632 $558 $25,074
2015 $5,514 $22,791 $485 $22,306
2014 $5,442 $22,791 $485 $22,306
2013 $4,734 $22,791 $485 $22,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11403720

Midwest Real Estate Data (MRED)

APN: 09-17-425-056-1103