NOT LISTED FOR SALE

1031 Emerald Dr Unit 8A2 Schaumburg, IL 60173

East Schaumburg Neighborhood

Estimated Value: $246,000 - $281,000

1 Bed
3 Baths
1,100 Sq Ft
7.95 Acre Lot

Sale Details

Date Sold: April 19, 2013

Last sale price $81,000 $74 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $1,887 / mo

163 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating and Cooling System
  • East or West Exposure
  • Fairview Elementary School Rated A-

About This Home

As of April 2013

This is a beautiful, 1-bedroom, 2.1-bathroom unit in move-in condition! Freshly painted! Newly carpeted! Walk into a open LR/DR just a few steps away from a nicely updated kitchen. Enjoy updated bathrooms too! The bedroom is huge and well-lit and features large closet space. Eligible for HomePath) or HP Renovation financing! A must see. A 10! Show and sell!

Last Agent to Sell the Property

Peter Drossos

Peter Drossos Real Estate License #471010251 Listed on: 09/24/2012

Last Buyer's Agent

Luis Fuentes

RE/MAX Plaza License #475112552

RE/MAX Plaza

Property Details

Home Type

  • Condominium

Year Built

  • 1979

Lot Details

  • 7.95

HOA Fees

  • $181 per month

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Steel Siding

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Additional Features

  • Primary Bathroom is a Full Bathroom
  • East or West Exposure

Community Details

  • Pets Allowed

Listing and Financial Details

  • $2,400 Seller Concession

Property Details

Home Type

Condominium

Year Built

1979

Lot Details

7.95 Acres

HOA Fees

$181 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1979

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X12, On Level: Main Level, Flooring: Wood Laminate
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 9X8, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 10X7, On Level: Main Level, Flooring: Wood Laminate
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1100
  • Family Room: Dimensions: 20X17, On Level: Lower, Flooring: Ceramic Tile

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Aluminum Siding, Steel Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 181
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Fee Information

  • Management Company: ALMA Management

Schools

  • Junior High Dist: 54

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2012
Closed on
Apr 15, 2013
Sold by
Bought by
Seller's Agent
Peter Drossos
Peter Drossos Real Estate
Buyer's Agent
Luis Fuentes
RE/MAX Plaza
List Price
$89,900
Sold Price
$81,000
Premium/Discount to List
-$8,900
-9.9%
Current Estimated Value
$260,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,740
Avg. Annual Appreciation
9.28%
Original Mortgage
$65,000
Outstanding Balance
$45,678
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$215,062

Purchase Details

Closed on
Apr 19, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2006
Sold by
Bought by

Purchase Details

Closed on
Nov 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,750
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 15, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,350
Interest Rate
5.97%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,530
Interest Rate
7.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$81,000 Premier Title
-- Premier Title
-- None Available
$167,500 Rtc
$155,000 Rtc
-- Professional National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $65,000
Previous Owner $150,750
Previous Owner $150,350
Previous Owner $102,530
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/19/2013 04/19/13 Sold $81,000 -4.6% $74 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
02/11/2013 02/11/13 Price Changed $84,900 +6.1% $77 / Sq Ft
12/04/2012 12/04/12 Price Changed $80,000 -2.3% $73 / Sq Ft
12/03/2012 12/03/12 Price Changed $81,900 -8.9% $74 / Sq Ft
10/29/2012 10/29/12 Price Changed $89,900 +9.8% $82 / Sq Ft
10/29/2012 10/29/12 Price Changed $81,900 -8.9% $74 / Sq Ft
09/24/2012 09/24/12 For Sale $89,900 -- $82 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,570 $21,416 $4,534 $16,882
2024 $3,570 $16,060 $4,251 $11,809
2023 $3,433 $16,060 $4,251 $11,809
2022 $3,433 $16,060 $4,251 $11,809
2021 $2,760 $12,435 $3,755 $8,680
2020 $2,780 $12,435 $3,755 $8,680
2019 $2,790 $13,839 $3,755 $10,084
2018 $2,551 $11,936 $3,117 $8,819
2017 $2,529 $11,936 $3,117 $8,819
2016 $2,679 $12,195 $3,117 $9,078
2015 $1,583 $7,915 $2,763 $5,152
2014 $2,342 $7,915 $2,763 $5,152
2013 $1,524 $7,915 $2,763 $5,152
Source: Public Records

Agents Affiliated with this Home

  • Peter Drossos

    Seller's Agent in 2013

    Peter Drossos

    Peter Drossos Real Estate

    (773) 593-5626

    185 Total Sales

    Peter Drossos
    Section Image
  • Luis Fuentes

    Buyer's Agent in 2013

    Luis Fuentes

    RE/MAX Plaza

    (847) 366-3159

    100 Total Sales

    Luis Fuentes
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08165683

Midwest Real Estate Data (MRED)

APN: 07-14-403-007-1044

Illinois Cook County Schaumburg 60173 East Schaumburg

1031 Emerald Dr Unit 8A2, Schaumburg, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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