NOT LISTED FOR SALE

Estimated Value: $290,000 - $329,000

2 Beds
1.5 Baths
1,422 Sq Ft
$216/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $232,000 $163 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,317/month

3 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Hoover Math And Science Academy Rated A
  • First Floor Utility Room
  • 3-minute walk to Wilmington Basin

About This Home

As of July 2021

Beautifully maintained 2 story townhome in desirable Colony Lake subdivision. Main level offers new carpet in the spacious living area and beautiful hardwood in the separate dining room. Elegant kitchen features stainless steel appliances and updated cabinets. Enjoy your morning coffee while watching the news on the 21" inch TV in the eating area or step onto the large deck for fresh air. The second level showcases a roomy master bedroom with a walk in closet. Easily convert the 2nd bedroom into office space. Great starter home and move in ready! Located near shopping centers and parks.

Last Agent to Sell the Property

Manuel Doctor

Compass License #475137123 Listed on: 06/04/2021

Compass

Last Buyer's Agent

Pradeep Singh

Coldwell Banker Realty License #475160836

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,952

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 68 x 89
  • Cul-De-Sac

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,422 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

Home Security

Outdoor Features

  • Deck

Schools

  • Winston Churchill Elementary Sch
  • Eisenhower Junior High School
  • Hoffman Estates High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, scavenger, snow removal
  • 3 Units
  • Mcgill Mgmt Association, Phone Number (847) 259-1331
  • Colony Lake Subdivision
  • Property managed by MCGILL MGMT

Amenities

  • Common Area

Recreation

  • Park

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,952

Year Built

Built in 1983

Lot Details

0

HOA Fees

$165 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Colony Lake
  • Year Built: 1983
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1422
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Eating Area, Foyer, Utility Room-1st Floor, Walk In Closet
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1422
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: West
  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 225000
  • Lot Features: Common Grounds, Cul-De-Sac
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 165
  • Association Amenities: Park
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: MCGILL MGMT
  • Management Contact Name: McGill Mgmt
  • Management Phone: 847-259-1331

Fee Information

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

Schools

  • Elementary School: Winston Churchill Elementary Sch
  • High School: Hoffman Estates High School
  • Middle/Junior School: Eisenhower Junior High School
  • Middle/Junior School District: 54

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 68 X 89
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4952.28
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jun 24, 2021
Sold by
Lagman Errol J and Lagman Geraldine
Bought by
Patel Janisha and Patel Avinash
Seller's Agent
Manuel Doctor
Compass
Buyer's Agent
Pradeep Singh
Coldwell Banker Realty
List Price
$225,000
Sold Price
$232,000
Premium/Discount to List
$7,000
3.11%
Current Estimated Value
$310,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,559
Avg. Annual Appreciation
7.07%
Original Mortgage
$209,250
Outstanding Balance
$190,444
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$116,594

Purchase Details

Closed on
Dec 29, 2010
Sold by
Gould James F and Gould Jennifer
Bought by
Lagman Errol J and Lagman Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,741
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2000
Sold by
Bonnan Joseph Noel
Bought by
Gould James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,620
Interest Rate
8.31%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 23, 1993
Sold by
Wagner Marlene A
Bought by
Bonnan Joseph Noel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,100
Interest Rate
6.88%
Source: Public Records

Range of Values:

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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
Patel Janisha $232,500 Affinity Title
Lagman Errol J $168,000 Multiple
Gould James F $120,000 --
Bonnan Joseph Noel $72,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Janisha $209,250
Previous Owner Lagman Errol J $153,032
Previous Owner Lagman Errol J $163,741
Previous Owner Gould James F $49,000
Previous Owner Gould James F $37,500
Previous Owner Gould James F $120,500
Previous Owner Gould James F $118,620
Previous Owner Bonnan Joseph Noel $98,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $232,000 +3.1% $163 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $225,000 -- $158 / 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 $5,514 $23,000 $3,500 $19,500
2023 $6,247 $23,000 $3,500 $19,500
2022 $6,247 $23,000 $3,500 $19,500
2021 $5,040 $16,628 $2,686 $13,942
2020 $4,953 $16,628 $2,686 $13,942
2019 $4,952 $18,476 $2,686 $15,790
2018 $5,740 $19,127 $2,328 $16,799
2017 $5,650 $19,127 $2,328 $16,799
2016 $5,283 $19,127 $2,328 $16,799
2015 $4,992 $16,685 $2,059 $14,626
2014 $4,937 $16,685 $2,059 $14,626
2013 $4,810 $16,685 $2,059 $14,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11064862

Midwest Real Estate Data (MRED)

APN: 07-16-104-028-0000