M
Seller's Agent in 2020
Mike Feng
True Value Realty, LLC
(630) 745-8674
14 Total Sales
1467 Fairlane Dr Unit 2B Schaumburg, IL 60193
South Schaumburg NeighborhoodEstimated Value: $278,000 - $319,055
3
Beds
2
Baths
1,650
Sq Ft
$220/mo
HOA Fee
Highlights
- Vaulted Ceiling
- Balcony
- Breakfast Bar
- Robert Frost Junior High School Rated A-
- Attached Garage
- Forced Air Heating and Cooling System
About This Home
As of October 2020Some work is needed. But this is a hard to come by opportunity. Very spacious condo with 3 bedrooms and 2 full bath. This model is the largest in the association. It features vaulted ceiling, stone fireplace, and plenty of natural light! Both the kitchen eating area and the living room exit to the large private balcony. Master suite with separate vanity area, huge walk-in closet, step-in shower. Just a 5 min drive to the Schaumburg Metra Station! 1 or 2 minutes to I-390 for easy commuting. Highly rated Schaumburg schools! Attached 1 car garage offers added storage that other units don't! New Siding done in August 2019, Roof is in good condition. No Truck Owners (vehicle with truck license).
Last Agent to Sell the Property
True Value Realty, LLC License #471013481 Listed on: 07/29/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,806
Year Built
- 1988
Lot Details
- 2.85
HOA Fees
- $220 per month
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Stone Siding
Interior Spaces
- Vaulted Ceiling
- Gas Log Fireplace
- Second Floor Utility Room
- Laminate Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Separate Shower
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- North or South Exposure
- Balcony
- Southern Exposure
Listing and Financial Details
- Homeowner Tax Exemptions
- $5,000 Seller Concession
Community Details
Amenities
- Common Area
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2020
Closed on
Oct 8, 2020
Sold by
Sun Jinghua
Bought by
Obrien Dawn M
Seller's Agent
Mike Feng
True Value Realty, LLC
Buyer's Agent
Patricia Sanchez
Keller Williams Infinity
List Price
$189,000
Sold Price
$186,500
Premium/Discount to List
-$2,500
-1.32%
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
$117,514
Avg. Annual Appreciation
10.08%
Original Mortgage
$60,000
Interest Rate
2.8%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Purchase Details
Closed on
Dec 1, 2004
Sold by
Cao Linda
Bought by
Sun Jinghua
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.84%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 29, 2000
Sold by
Cao Linda and Peng Andi
Bought by
Cao Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
7.13%
Purchase Details
Closed on
Nov 22, 1995
Sold by
Larson Jeffrey G and Larson Victoria E
Bought by
Peng Andi and Cao Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,600
Interest Rate
7.25%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Obrien Dawn M | $186,500 | Old Republic Title | |
| Sun Jinghua | $185,000 | Lawyers | |
| Cao Linda | -- | -- | |
| Peng Andi | $116,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Obrien Dawn M | $60,000 | |
| Previous Owner | Sun Jinghua | $148,000 | |
| Previous Owner | Cao Linda | $101,000 | |
| Previous Owner | Peng Andi | $104,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/26/2020 10/26/20 | Sold | $186,500 | -1.3% | $113 / Sq Ft |
| 09/16/2020 09/16/20 | Pending | -- | -- | -- |
| 07/29/2020 07/29/20 | For Sale | $189,000 | -- | $115 / 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 | $5,806 | $20,729 | $2,180 | $18,549 |
| 2023 | $5,631 | $20,729 | $2,180 | $18,549 |
| 2022 | $5,631 | $20,729 | $2,180 | $18,549 |
| 2021 | $4,379 | $14,448 | $1,425 | $13,023 |
| 2020 | $3,380 | $14,448 | $1,425 | $13,023 |
| 2019 | $3,417 | $16,178 | $1,425 | $14,753 |
| 2018 | $2,787 | $12,723 | $1,174 | $11,549 |
| 2017 | $2,761 | $12,723 | $1,174 | $11,549 |
| 2016 | $2,825 | $12,723 | $1,174 | $11,549 |
| 2015 | $3,188 | $13,279 | $1,090 | $12,189 |
| 2014 | $3,169 | $13,279 | $1,090 | $12,189 |
| 2013 | $3,070 | $13,279 | $1,090 | $12,189 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Feng
-
Patricia Sanchez
Buyer's Agent in 2020
Patricia Sanchez
Keller Williams Infinity
(773) 844-1575
58 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10798529
APN: 07-32-100-026-1028
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