NOT LISTED FOR SALE

8998 Kennedy Dr Unit 1C Des Plaines, IL 60016

Estimated Value: $149,761 - $166,000

1 Bed
1 Bath
-- Sq Ft
$232/mo HOA Fee

Last Sold March 31, 2020

Last sale price $96,500

Est. 63% increase in value since last sale

Current estimated payment $1,162/month

125 Days on Market

Highlights

  • Formal Dining Room
  • Maine East High School Rated A
  • Resident Manager or Management On Site

About This Home

As of March 2020

PRICED TO SELL, FULLY FURNISHED & Freshly painted (2019) condo with a best kitchen layout in the building...so you could actually put a kitchen table in there, or an additional L-shaped cabinet section! Updated kitchen features Shaker-style cabinets, ceramic tile floor, breakfast bar, stainless steel appliances and brand new stainless steel hood (2019). Plenty natural light with neutral carpet throughout. Newer windows and sliders to a fantastic patio! Laundry and storage on same floor. Convenient to public transportation, shopping, restaurants, etc. 2 exterior parking spaces are included. Ready for you to move in!

Last Agent to Sell the Property

Judith Gabl

Coldwell Banker Realty License #475149251 Listed on: 09/27/2019

Coldwell Banker Realty

Last Buyer's Agent

Donald Meyer

Show Place RE Corp of America License #471015915

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $874

Year Built | Renovated

  • 1970 | 2016

Lot Details

  • 0.3

HOA Fees

  • $232 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Community Details

Overview

  • 16 Units
  • Mperial Asset Mgmt Llc Association
  • Property managed by MPERIAL ASSET MGMT LLC

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$874

Year Built | Renovated

1970 | 2016

Lot Details

0

HOA Fees

$232 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2016
  • Directions: FROM BALLARD & POTTER,GO EAST ON BALLARD TO KENNEDY(DEE),TAKE A RIGHT,SOUTH TO THE 1ST BLDG ON RIGHT
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1970
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Refrigerator, Stainless Steel Appliance(s), Range Hood
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Storage
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s)
  • Dining Room Type: Foyer, Balcony/Porch/Lanai
  • Stories: 2

Exterior Features

  • Exterior Features: Patio, Storms/Screens
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Total Parking Spaces: 2

Utilities

  • Cooling: Window/Wall Unit - 1
  • Heating: Steam, Baseboard
  • Electric: Circuit Breakers
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Management: Manager On-site
  • Master Association Fee: No
  • Management Company: MPERIAL ASSET MGMT LLC
  • Management Contact Name: MPERIAL ASSET MGMT LLC
  • Management Phone: 000-000-0000
  • Amenities: Coin Laundry, Storage, On Site Manager/Engineer
  • Association Fee: 232
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Schools

  • Elementary School: Mark Twain Elementary School
  • High School: Maine East High School
  • Junior High Dist: 207
  • Middle Or Junior School: Gemini Junior High School

Lot Info

  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Multi Family

  • Units in Building: 16

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 459
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Mar 23, 2020
Sold by
Rashidi Shahram
Bought by
Meyer Karl J and Meyer Donald R
Seller's Agent
Judith Gabl
Coldwell Banker Realty
Buyer's Agent
Donald Meyer
Show Place RE Corp of America
List Price
$110,000
Sold Price
$96,500
Premium/Discount to List
-$13,500
-12.27%
Current Estimated Value
$157,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,829
Avg. Annual Appreciation
9.61%
Original Mortgage
$77,200
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2018
Sold by
Mohammadi Faranak
Bought by
Rashidi Shahram

Purchase Details

Closed on
May 23, 2008
Sold by
Citibank Na
Bought by
Mohammadi Faranak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2008
Sold by
Novakovic Vera and Case #07 Ch 15157
Bought by
Citibank Na and Bear Stearns Asset Backed Securities I T

Purchase Details

Closed on
Sep 25, 2003
Sold by
Chirayil George and Chirayil Saira G
Bought by
Novakovic Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2002
Sold by
Sinumon Sithara
Bought by
Chirayil George S and Chirayil Saira G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.87%

Purchase Details

Closed on
May 21, 2001
Sold by
Walczak Jaroslaw
Bought by
Sinumon Sithara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.16%

Purchase Details

Closed on
Dec 6, 2000
Sold by
Azran David
Bought by
Walozak Jaroslaw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
7.8%

Purchase Details

Closed on
Sep 19, 2000
Sold by
Calvadores
Bought by
Azran David

Purchase Details

Closed on
Jun 22, 1994
Sold by
Columbia National Bank Of Chicago
Bought by
Calvadores Norlita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
8.25%
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
Meyer Karl J $96,500 Proper Title Llc
Rashidi Shahram $10,000 None Available
Mohammadi Faranak $75,000 Attorneys Title Guaranty Fun
Citibank Na -- None Available
Novakovic Vera -- --
Chirayil George S $118,500 Multiple
Sinumon Sithara $100,000 --
Walozak Jaroslaw $75,000 --
Azran David -- --
Calvadores Norlita $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyer Karl J $77,200
Previous Owner Mohammadi Faranak $71,250
Previous Owner Novakovic Vera $133,200
Previous Owner Novakovic Vera $119,700
Previous Owner Novakovic Vera $119,500
Previous Owner Chirayil George S $96,000
Previous Owner Sinumon Sithara $95,000
Previous Owner Walozak Jaroslaw $56,250
Previous Owner Calvadores Norlita $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $96,500 -3.4% --
01/30/2020 01/30/20 Pending -- -- --
10/25/2019 10/25/19 Price Changed $99,900 -4.9% --
10/10/2019 10/10/19 Price Changed $105,000 -4.5% --
09/27/2019 09/27/19 For Sale $110,000 -- --
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 $874 $9,196 $462 $8,734
2023 -- $9,196 $462 $8,734
2022 $0 $9,196 $462 $8,734
2021 $1,500 $4,776 $710 $4,066
2020 $447 $4,776 $710 $4,066
2019 $1,442 $5,344 $710 $4,634
2018 $447 $4,890 $621 $4,269
2017 $459 $4,890 $621 $4,269
2016 $677 $4,890 $621 $4,269
2015 $732 $2,368 $533 $1,835
2014 $706 $2,368 $533 $1,835
2013 $695 $2,368 $533 $1,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10531065

Midwest Real Estate Data (MRED)

APN: 09-15-307-164-1003