NOT LISTED FOR SALE

825 Pearson St Unit 3B Des Plaines, IL 60016

Estimated Value: $229,611 - $243,000

2 Beds
2 Baths
1,200 Sq Ft
$274/mo HOA Fee

Last Sold October 23, 2020

Last sale price $165,000 $138 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,854/month

8 Days on Market

Highlights

  • Stainless Steel Appliances
  • 4-minute walk to Des Plaines Station
  • Breakfast Bar
  • Central Elementary School Rated A
  • Balcony
  • 4-minute walk to Central Park

About This Home

As of October 2020

Ready to move in tomorrow! Relax on your private balcony and watch the sunsets while enjoying the convenience of downtown living in this spacious well appointed third floor 2 bedroom 2 bath condo in the desirable Diplomat of Des Plaines! It is the ultimate in town location just 1 block to Des Plaines Public Library, Central elementary school, Central Park, Metra and Pace bus line. Also only 2-3 blocks to restaurants, shopping and banking. As soon as you enter the lobby you will be impressed with the sharp modern decor and tells you how much pride of ownership the owners have ( no rentals are allowed) in their classy condo building. This spacious unit has a number of updates that will please the most particular buyer. The open foyer has new ceramic stone tile and welcomes you to the wide open combination living room/ dining room highlighted by a large sliding glass door which allows for plenty of light, especially in the afternoon. Turn to the left to enter the sharp attractive kitchen which has modern recessed lighting, all stainless appliances ( refrigerator 1 year, dishwasher June of 2020, free standing microwave oven 1 year, stove is about 6 years old). There is a new gorgeous gray/white/ tan glass back splash and the cabinets have custom under cabinet lighting. This is an inviting place to prepare a meal! The spare bedroom has a full wall of closets and custom shelving as well as decorator venetian blinds. The hall bath has been attractively remodeled. You'll love the spacious 17x12 master bedroom with its own dressing area with double closets leading to the updated master bath and custom decorator venetian blinds. You also have a storage locker, bike room, spotless debit card operated laundry room and party room all on the first floor. Your designated parking spot is #7. Extra Parking Spots are sometimes available from other owners in the building. PLEASE NOTE THAT SELLER HAS FILED A CERTIFICATE OF ERROR TO HAVE THE HOMEOWNERS EXEMPTION OF $ 1,027 TO REDUCE THE CURRENT TAX BILL FROM $ 2,862.34 TO $ 1,835.

Last Agent to Sell the Property

James Regan

RE/MAX Suburban License #475068723 Listed on: 08/31/2020

RE/MAX Suburban

Last Buyer's Agent

Niko Tsichlis

Midland Realty Group License #471019486

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,266

Year Built

  • 1978

Lot Details

  • 0.77

HOA Fees

  • $274 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Storage

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • $500 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,266

Year Built

1978

Lot Details

0

HOA Fees

$274 per month

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Unit Floor Level: 3
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1978
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Built: 1978

Interior Features

  • Interior Property Features: Elevator, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 24X15, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal, All Stainless Steel Kitchen Appliances
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 12X8, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1200
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Cable Access

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator, Storage
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 274
  • Management Contact Name: Cathy Haegell
  • Management Phone: 847-299-5740

Fee Information

  • Management Company: Tairre

Schools

  • School District: 207
  • Elementary School: Central Elementary School
  • Middle School: Chippewa Middle School
  • High School: Maine West High School
  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: INTEGRAL
  • Parcel Identification Number: 09202020361018

Multi Family

  • Total Number Unitsin Building: 43
  • Number Stories: 6

Tax Info

  • Taxes: 2862.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 1, 2020
Sold by
Hehn Nicholas L and Hehn Linda
Bought by
Yousif Sophia
Seller's Agent
James Regan
RE/MAX Suburban
Buyer's Agent
Niko Tsichlis
Midland Realty Group
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%
Current Estimated Value
$236,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,903
Avg. Annual Appreciation
7.90%
Original Mortgage
$115,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2014
Sold by
Fierro Ernesto
Bought by
Hehn Nicholas I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2011
Closed on
Apr 15, 2013
Sold by
Schlee Margaret E
Bought by
Fierro Ernesto
Seller's Agent
William Farrell
RE/MAX Suburban
Buyer's Agent
William Farrell
RE/MAX Suburban
List Price
$109,000
Sold Price
$95,000
Premium/Discount to List
-$14,000
-12.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$90,250
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Yousif Sophia $165,000 Attorneys Ttl Guaranty Fund
Hehn Nicholas I $116,000 First American Title
Fierro Ernesto $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yousif Sophia $115,000
Previous Owner Hehn Nicholas I $89,219
Previous Owner Hehn Nicholas I $92,800
Previous Owner Fierro Ernesto $90,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $165,000 -2.9% $138 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/02/2020 09/02/20 Price Changed $169,900 -2.9% $142 / Sq Ft
08/31/2020 08/31/20 For Sale $174,900 +84.1% $146 / Sq Ft
04/16/2013 04/16/13 Sold $95,000 -12.8% --
02/27/2013 02/27/13 Pending -- -- --
12/17/2011 12/17/11 For Sale $109,000 -- --
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 $3,266 $15,704 $619 $15,085
2023 $3,160 $15,704 $619 $15,085
2022 $3,160 $15,704 $619 $15,085
2021 $3,036 $13,206 $502 $12,704
2020 $3,053 $13,206 $502 $12,704
2019 $3,960 $14,716 $502 $14,214
2018 $2,862 $9,571 $444 $9,127
2017 $2,812 $9,571 $444 $9,127
2016 $2,660 $9,571 $444 $9,127
2015 $3,037 $10,045 $386 $9,659
2014 $2,973 $10,045 $386 $9,659
2013 $2,899 $10,045 $386 $9,659
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: MRD10841112

Midwest Real Estate Data (MRED)

APN: 09-20-202-036-1018