1303 Springwood Dr Unit B1 Schaumburg, IL 60193
East Schaumburg Neighborhood
2
Beds
1
Bath
1,000
Sq Ft
$235/mo
HOA Fee
Highlights
- Clubhouse
- Community Pool
- Forced Air Heating and Cooling System
- Michael Collins Elementary School Rated A-
- 1 Car Attached Garage
- Ceiling Fan
About This Home
As of August 2024Elegant Living Awaits! Located in the highly desirable Schaumburg area, near Meacham Rd. and Schaumburg Rd., and just minutes away from Woodfield Mall, this unit is truly a rare find. With low HOA fees and 2023 taxes at $4725, this inviting ground floor 2BR/1BA home is perfectly prepared for you to move right in and make it your own. The property features a 1-car garage and a spacious living room filled with natural light. The kitchen is equipped with new stainless steel appliances, including a refrigerator, vent hood, dishwasher, and gas stove/oven (newer). A brand new washing machine and dryer are conveniently located in the utility room. Updates include windows (~3 years old), AC, furnace, and compressor (~2 years old). Can lights illuminate every room, enhancing the warm atmosphere. The eat-in kitchen is complemented by an adjacent dining area that features double sliding glass doors opening to a private patio, offering serene views of mature trees. This bright and airy condo boasts large windows and ceiling fans throughout. Top-Rated Schools: - J B Conant High School (1.1 mi) - Margaret Mead Junior High School (1.1 mi) - Michael Collins Elementary School (1.2 mi) Additional features include a newer roof, an asphalt driveway, and ample public parking for guests. The well-maintained building offers fantastic amenities, such as a pool, clubhouse, private lake, and extra parking for campers, boats, and more.. The subdivision is located near schools, parks, retail, and public transportation.
Last Agent to Sell the Property
Real People Realty License #475194222 Listed on: 07/19/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,725
Year Built
- Built in 1990 | Remodeled in 2018
HOA Fees
- $235 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,000 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Laundry in unit
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Schools
- Michael Collins Elementary Schoo
- Margaret Mead Junior High School
- J B Conant High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
- 4 Units
- Anna Marie Association, Phone Number (847) 985-6464
- Property managed by American Property Management
Amenities
- Clubhouse
Recreation
- Community Pool
Pet Policy
- Pets up to 100 lbs
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 19, 2024
Closed on
Aug 23, 2024
Sold by
Patel Sunilbhai D and Patel Urja S
Bought by
Patel Manglt
Seller's Agent
Ketan Thakkar
Real People Realty
Buyer's Agent
Ashish Thakkar
Executive Realty Group LLC
List Price
$269,000
Sold Price
$245,000
Premium/Discount to List
-$24,000
-8.92%
Total Days on Market
22
Views
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,992
Avg. Annual Appreciation
2.09%
Purchase Details
Listed on
Oct 23, 2018
Closed on
Apr 4, 2019
Sold by
Broad Street Funding Trust 1
Bought by
Patel Sunilbhai D and Patel Urja S
Seller's Agent
Stratos Rounis
SR Realty Group Inc.
Buyer's Agent
David Rybicki
Garry Real Estate
List Price
$160,000
Sold Price
$137,750
Premium/Discount to List
-$22,250
-13.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%
Original Mortgage
$103,125
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 15, 2018
Sold by
Golden Carol Ann
Bought by
Broad Street Funding Trust I
Purchase Details
Closed on
May 25, 2006
Sold by
Park National Bank
Bought by
Carol Golden Family 2006 Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.48%
Purchase Details
Closed on
Sep 7, 2001
Sold by
Witthoeft Carol A
Bought by
Cosmopolitan Bank & Trust and Trust #25030
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 29, 1993
Sold by
Roberts Scott E and Horvath Elizabeth A
Bought by
Cosmopolitan Bank & Trust and Trust #25030
Similar Homes in Schaumburg, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $245,000 | Old Republic National Title In | |
| Special Warranty Deed | $138,000 | Premier Title | |
| Sheriffs Deed | -- | None Available | |
| Deed | -- | Lt | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $68,666 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $103,125 | New Conventional | |
| Previous Owner | $312,000 | No Value Available | |
| Previous Owner | $312,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $48,750 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | $245,000 | -5.4% | $245 / Sq Ft |
| 08/11/2024 08/11/24 | Pending | -- | -- | -- |
| 08/02/2024 08/02/24 | Price Changed | $259,000 | -2.3% | $259 / Sq Ft |
| 07/28/2024 07/28/24 | Price Changed | $265,000 | -1.5% | $265 / Sq Ft |
| 07/19/2024 07/19/24 | For Sale | $269,000 | +95.3% | $269 / Sq Ft |
| 05/10/2019 05/10/19 | Sold | $137,750 | 0.0% | $138 / Sq Ft |
| 03/21/2019 03/21/19 | Pending | -- | -- | -- |
| 03/18/2019 03/18/19 | Off Market | $137,750 | -- | -- |
| 02/25/2019 02/25/19 | Price Changed | $140,000 | -3.4% | $140 / Sq Ft |
| 02/21/2019 02/21/19 | Price Changed | $145,000 | -4.6% | $145 / Sq Ft |
| 02/06/2019 02/06/19 | Price Changed | $152,000 | -2.3% | $152 / Sq Ft |
| 01/02/2019 01/02/19 | Price Changed | $155,500 | -1.5% | $156 / Sq Ft |
| 11/28/2018 11/28/18 | Price Changed | $157,900 | -1.3% | $158 / Sq Ft |
| 10/23/2018 10/23/18 | For Sale | $160,000 | -- | $160 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,583 | $16,872 | $3,262 | $13,610 |
| 2023 | $4,583 | $16,872 | $3,262 | $13,610 |
| 2022 | $4,583 | $16,872 | $3,262 | $13,610 |
| 2021 | $3,792 | $12,510 | $4,178 | $8,332 |
| 2020 | $3,726 | $12,510 | $4,178 | $8,332 |
| 2019 | $3,728 | $13,907 | $4,178 | $9,729 |
| 2018 | $2,809 | $9,359 | $3,516 | $5,843 |
| 2017 | $2,764 | $9,359 | $3,516 | $5,843 |
| 2016 | $861 | $9,359 | $3,516 | $5,843 |
| 2015 | $980 | $7,791 | $3,057 | $4,734 |
| 2014 | $949 | $7,791 | $3,057 | $4,734 |
| 2013 | $947 | $7,791 | $3,057 | $4,734 |
Source: Public Records
Agents Affiliated with this Home
-
Ketan Thakkar
Seller's Agent in 2024
Ketan Thakkar
Real People Realty
(630) 430-9052
4 in this area
89 Total Sales
-
Ashish Thakkar
Buyer's Agent in 2024
Ashish Thakkar
Executive Realty Group LLC
(630) 313-0024
2 in this area
28 Total Sales
-
Stratos Rounis
S
Seller's Agent in 2019
Stratos Rounis
SR Realty Group Inc.
(847) 878-1610
280 Total Sales
-
David Rybicki
Buyer's Agent in 2019
David Rybicki
Garry Real Estate
(630) 542-3283
1 in this area
24 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12116015
APN: 07-24-300-049-1115
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