NOT LISTED FOR SALE

825 Pearson St Unit 5D Des Plaines, IL 60016

Estimated Value: $232,766 - $243,000

2 Beds
2 Baths
1,200 Sq Ft
$278/mo HOA Fee

Last Sold November 16, 2020

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

Est. 45% increase in value since last sale

Current estimated payment $1,944/month

40 Days on Market

Highlights

  • Galley Kitchen
  • 4-minute walk to Des Plaines Station
  • Property is near a bus stop
  • Central Elementary School Rated A
  • Lobby
  • 4-minute walk to Central Park

About This Home

As of November 2020

Super sharp condo in downtown Des Plaines! 5th floor, split floorplan with balcony. Bedrooms are on either side of the main living area. Master bedroom has a spacious full bathroom. Living and dining area is huge! Beautiful cabinets in kitchen with stainless steel appliances. Location is awesome....be close to the Metra station, stores, restaurants and Des Plaines Library. Outside, assigned parking space plus street parking. Storage unit in building plus bike area and party room. No rentals allowed and no pets. Fast close possible!

Last Agent to Sell the Property

Jay Crowley

@properties Christie?s International Real Estate License #475126796 Listed on: 09/16/2020

@properties Christie?s International Real Estate

Last Buyer's Agent

Holly Wolack

@properties Christie's International Real Estate License #475178954

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,201

Year Built

  • 1975

Lot Details

  • 0.77

HOA Fees

  • $278 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Lobby

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,201

Year Built

1975

Lot Details

0

HOA Fees

$278 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 5
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1975
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Built: 1975

Interior Features

  • Interior Property Features: Lobby
  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X15, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X9, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 12X8, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1200
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK
  • Common Area Amenities: Coin Laundry, Elevator
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 278
  • Management Contact Name: Cathy Hazell
  • Management Phone: 847-977-5703

Fee Information

  • Management Company: Tairre Management

Schools

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

Lot Info

  • Lot Dimensions: INTEGRAL
  • Parcel Identification Number: 09202020361031

Multi Family

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

Tax Info

  • Taxes: 3096.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Nov 3, 2020
Sold by
Kohl E Peter E and Kohl Margaret Mary
Bought by
Pineda Lolito M and Pineda Maria
Seller's Agent
Jay Crowley
@properties Christie?s International Real Estate
Buyer's Agent
Holly Wolack
@properties Christie's International Real Estate
List Price
$179,000
Sold Price
$165,000
Premium/Discount to List
-$14,000
-7.82%
Current Estimated Value
$238,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,442
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Jun 28, 2006
Sold by
Vella Kenneth G and Kenneth G Vella Declaration Of
Bought by
Kohl E Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2006
Sold by
Vella Kenneth G
Bought by
Vella Kenneth G and Kenneth G Vella Declaration Of

Purchase Details

Closed on
Feb 24, 2005
Sold by
Doyle Sheila
Bought by
Vella Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 7, 1999
Sold by
Hatfield Virginia B
Bought by
Doyle Sheila A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.76%
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
Pineda Lolito M $165,000 Landtrust National Title
Kohl E Peter $195,000 Attorneys Title Guaranty Fun
Vella Kenneth G -- None Available
Vella Kenneth $170,000 --
Doyle Sheila A $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kohl E Peter $156,000
Previous Owner Vella Kenneth $20,000
Previous Owner Vella Kenneth $150,000
Previous Owner Doyle Sheila A $108,000
Previous Owner Doyle Sheila A $32,000
Previous Owner Doyle Sheila A $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $165,000 -2.4% $138 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/17/2020 10/17/20 Price Changed $169,000 -5.6% $141 / Sq Ft
09/16/2020 09/16/20 For Sale $179,000 -- $149 / 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 $4,201 $15,936 $628 $15,308
2023 $4,100 $15,936 $628 $15,308
2022 $4,100 $15,936 $628 $15,308
2021 $4,120 $13,403 $510 $12,893
2020 $3,113 $13,403 $510 $12,893
2019 $3,096 $14,934 $510 $14,424
2018 $1,877 $9,713 $451 $9,262
2017 $1,862 $9,713 $451 $9,262
2016 $2,005 $9,713 $451 $9,262
2015 $2,289 $10,194 $392 $9,802
2014 $2,257 $10,194 $392 $9,802
2013 $2,183 $10,194 $392 $9,802
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10803120

Midwest Real Estate Data (MRED)

APN: 09-20-202-036-1031