NOT LISTED FOR SALE

828 Graceland Ave Unit 505 Des Plaines, IL 60016

Estimated Value: $165,000 - $230,000

1 Bed
1 Bath
1,100 Sq Ft
$340/mo HOA Fee

Last Sold March 31, 2016

Last sale price $93,500 $85 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,410/month

98 Days on Market

Highlights

  • 1 Car Attached Garage
  • Living Room
  • Central Air
  • Central Elementary School Rated A
  • Laundry Room
  • Dining Room

About This Home

As of March 2016

Fantastic Penthouse unit in great location. Neutral decor thru-out. All rooms are generous sized. Kitchen remodeled with large eating area. Master bedroom has walk in closet and dressing area. Elevator building, in unit laundry and garage. Newer windows and both sets of sliding doors. Newer doors thru-out. Balcony that is across entire back ohf unit. Furnace and Central Air 3 years new. 12 month average of electric bills $65.00. Storage unit on same floor. Exercise room. Garage #15. Walk to train. Only 2 one bedrooms in this private 24 unit building. Parking allowed in front of building for guests. 2015 assessment is 338.52***2016 assessment will be 340.16. Very well managed building.***************please take shoes off. Thank you

Last Agent to Sell the Property

Ellen Ritsos

HomeSmart Connect LLC License #475144809 Listed on: 11/16/2015

HomeSmart Connect LLC

Last Buyer's Agent

Ellen Ritsos

HomeSmart Connect LLC License #475144809 Listed on: 11/16/2015

HomeSmart Connect LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,865

Year Built

  • Built in 1978

Lot Details

  • 0.44

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 24 Units
  • Property Specialists Association, Phone Number (847) 806-6121
  • Property managed by Property Specialists
  • 5-Story Property

Pet Policy

  • Pets up to 25 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,865

Year Built

Built in 1978

Lot Details

0

HOA Fees

$340 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: 1978
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 1100
  • Room Type: No additional rooms
  • Stories Total: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 340
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Management Company: Property Specialists
  • Management Contact Name: Property Specialists
  • Management Phone: 847-806-6121
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: CENTRAL ELEMENTARY SCHOOL
  • High School: MAINE WEST HIGH SCHOOL
  • Middle/Junior School: ALGONQUIN MIDDLE SCHOOL

Lot Info

  • Lot Dimensions: INTEGRAL
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 1865
  • Tax Year: 2014
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2015
Closed on
Mar 24, 2016
Sold by
Rudnick Judy
Bought by
Debits Jacqueline
Seller's Agent
Ellen Ritsos
HomeSmart Connect LLC
Buyer's Agent
Ellen Ritsos
HomeSmart Connect LLC
List Price
$114,900
Sold Price
$93,500
Premium/Discount to List
-$21,400
-18.62%
Current Estimated Value
$191,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,536
Avg. Annual Appreciation
7.67%
Original Mortgage
$60,000
Outstanding Balance
$25,310
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$165,726

Purchase Details

Closed on
Apr 13, 2003
Sold by
Kaczmarski Ronald S
Bought by
Rudnick Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
5.87%

Purchase Details

Closed on
Mar 7, 2001
Sold by
Hoff Michael P
Bought by
Kaczmarski Ronald S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,350
Interest Rate
7.02%

Purchase Details

Closed on
Aug 15, 2000
Sold by
Hoff Susan J
Bought by
Hoff Michael P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Debits Jacqueline $92,500 Attorneys Title Guaranty Fun
Rudnick Judy $156,500 Golden Title
Rudnick Judy $156,500 Golden Title
Kaczmarski Ronald S $121,000 --
Hoff Michael P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Debits Jacqueline $60,000
Previous Owner Rudnick Judy $71,000
Previous Owner Kaczmarski Ronald S $117,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $93,500 -6.4% $85 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
01/07/2016 01/07/16 Price Changed $99,900 -9.1% $91 / Sq Ft
11/23/2015 11/23/15 Price Changed $109,900 -4.4% $100 / Sq Ft
11/14/2015 11/14/15 For Sale $114,900 -- $104 / 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 $764 $12,585 $529 $12,056
2023 $769 $12,585 $529 $12,056
2022 $769 $12,585 $529 $12,056
2021 $895 $9,888 $429 $9,459
2020 $820 $9,888 $429 $9,459
2019 $807 $11,019 $429 $10,590
2018 $693 $9,187 $380 $8,807
2017 $914 $9,187 $380 $8,807
2016 $1,859 $9,187 $380 $8,807
2015 $1,888 $8,868 $330 $8,538
2014 $1,864 $8,868 $330 $8,538
2013 $1,800 $8,868 $330 $8,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09087128

Midwest Real Estate Data (MRED)

APN: 09-17-424-020-1023