NOT LISTED FOR SALE

787 Graceland Ave Unit 506B Des Plaines, IL 60016

Estimated Value: $410,000 - $452,000

2 Beds
2 Baths
1,725 Sq Ft
$339/mo HOA Fee

Last Sold September 07, 2016

Last sale price $329,000 $191 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,238/month

23 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Stainless Steel Appliances
  • Central Elementary School Rated A
  • Party Room
  • 1 Car Attached Garage

About This Home

As of September 2016

ONE OF A KIND PENTHOUSE IN THE PRESTIGIOUS WATERFORD COMPLEX. Not just any condo! This fully upgraded unit was a Builder's Model with loads of special high-end features including: dark stain hardwood floors, kitchen-- custom 42" cream cabinets with Chocolate Glaze, tumbled marble back splash, stainless steel appliances, range hood, and granite counter-tops. Baths have up-graded vanities w/granite. Oversized Crown molding throughout. Circular dining room with floor-to-ceiling windows and 8 foot soaring spire. Spacious master suite with custom built-in cabinetry in bathroom as well as massive walk in closet. Private entry heated garage space, adjacent walk-in storage room. Best location in Waterford with tree-top views, walk to downtown Des Plaines and Metra! Do not miss this stunning unit.

Last Agent to Sell the Property

Alyson Tesar

@properties Christie's International Real Estate License #475155355 Listed on: 06/23/2016

@properties Christie's International Real Estate

Co-Listed By

Justin Tesar

@properties Christie's International Real Estate License #475159260

Last Buyer's Agent

Yvonne Stachyra

Wesley Realty Group License #475155106

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,772

Year Built

  • Built in 2008

Lot Details

  • 2.18

HOA Fees

  • $339 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,725 Sq Ft Home
  • Vaulted Ceiling
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Storage
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, snow removal
  • 25 Units
  • Claudia Oberthier Association, Phone Number (847) 490-3833
  • The Waterford Of Des Plaines Subdivision
  • Property managed by Assoscia Chicagoland
  • 6-Story Property

Amenities

  • Common Area
  • Party Room
  • Package Room
  • 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

$4,772

Year Built

Built in 2008

Lot Details

0

HOA Fees

$339 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: 2008
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rehab (Y/N): Yes
  • Unit Floor Level: 5
  • 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)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1725
  • Other Equipment: Security System, Intercom
  • Room Type: Foyer
  • Stories Total: 6
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 359000
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • 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: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 339
  • Association Amenities: Elevator(s), Storage, Party Room, Receiving Room
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Management Company: Assoscia Chicagoland
  • Management Contact Name: Claudia Oberthier
  • 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: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: NO

Tax Info

  • Tax Annual Amount: 4771.88
  • Tax Year: 2014
  • Tax Exemptions: Senior

Multi Family

  • Units in Building: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2016
Closed on
Sep 7, 2016
Sold by
Serrano Darlene D and Calders Marlene
Bought by
Kozlowski Maciej J
Seller's Agent
Alyson Tesar
@properties Christie's International Real Estate
Buyer's Agent
Yvonne Stachyra
Wesley Realty Group
List Price
$369,000
Sold Price
$329,000
Premium/Discount to List
-$40,000
-10.84%
Current Estimated Value
$431,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,113
Avg. Annual Appreciation
3.04%
Original Mortgage
$305,970
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2016
Closed on
Jul 25, 2016
Sold by
Serrano Darlene D and Darlene D Serrano Living Trust
Bought by
Serrano Darlene D and Calders Marlene
Seller's Agent
Alyson Tesar
@properties Christie's International Real Estate
Buyer's Agent
Yvonne Stachyra
Wesley Realty Group
List Price
$369,000
Sold Price
$329,000
Premium/Discount to List
-$40,000
-10.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,970
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2016
Sold by
Serrano Darlene D
Bought by
Serrano Darlene D and Darlene D Serrano Living Trust

Purchase Details

Closed on
Feb 15, 2008
Sold by
841 Graceland Llc
Bought by
Serrano Darlene D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,222
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Kozlowski Maciej J $329,000 Fidelity National Title
Serrano Darlene D -- Attorney
Serrano Darlene D -- None Available
Serrano Darlene D $378,000 Attorneys Title Guaranty Fun
Serrano Darlene D $378,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kozlowski Maciej J $305,970
Previous Owner Serrano Darlene D $302,222
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2016 09/07/16 Sold $329,000 -8.4% $191 / Sq Ft
07/16/2016 07/16/16 Pending -- -- --
07/05/2016 07/05/16 Price Changed $359,000 -2.7% $208 / Sq Ft
06/23/2016 06/23/16 For Sale $369,000 -- $214 / 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 $7,357 $31,222 $716 $30,506
2023 $7,154 $31,222 $716 $30,506
2022 $7,154 $31,222 $716 $30,506
2021 $4,953 $19,444 $582 $18,862
2020 $4,938 $19,444 $582 $18,862
2019 $4,908 $21,666 $582 $21,084
2018 $6,041 $23,635 $514 $23,121
2017 $5,952 $23,635 $514 $23,121
2016 $5,378 $23,635 $514 $23,121
2015 $6,353 $21,015 $447 $20,568
2014 $4,772 $21,015 $447 $20,568
2013 $4,764 $21,015 $447 $20,568
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09266404

Midwest Real Estate Data (MRED)

APN: 09-17-425-056-1112