NOT LISTED FOR SALE

1602 Orchard Ave Unit 25B160 Schaumburg, IL 60193

South Schaumburg Neighborhood

Estimated Value: $306,000 - $322,000

2 Beds
3 Baths
1,300 Sq Ft
$211/mo HOA Fee

Last Sold March 08, 2016

Last sale price $179,000 $138 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,307/month

12 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Breakfast Bar
  • Robert Frost Junior High School Rated A-
  • Attached Garage
  • Patio

About This Home

As of March 2016

Gorgeous townhouse in the Briar Pointe subdivision with 2 huge bedrooms, 2 bathrooms, private patio. Main level is upgraded with dark cherry wooden floor, spacious size of living room, kitchen updated with granite counter tops and stainless steel appliances. Master bedroom has full size master bathroom. Great School district, walking distance parks. House kept in Mint condition. Easy access to I-390. Minutes away from woodfield mall. Must See!!

Last Agent to Sell the Property

Dorota Sep

HomeSmart Connect LLC License #475165667 Listed on: 01/17/2016

HomeSmart Connect LLC

Last Buyer's Agent

Lisa Byrne

Baird & Warner License #475129764

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,186

Year Built

  • 1996

Lot Details

  • 34.79

HOA Fees

  • $211 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,186

Year Built

1996

Lot Details

0

HOA Fees

$211 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1996
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1996

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors
  • Number Of Rooms: 4
  • Living Room: Dimensions: 18X16, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Humidifier
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 8X6, On Level: 2nd Level, Flooring: Porcelain Tile, Windows: None
  • Dining Room: Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X14, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level, Windows: Curtains/Drapes
  • Estimated Sq Ft: 1300
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 211
  • Management Contact Name: Heily Floto
  • Management Phone: 847-259-1331X108

Fee Information

  • Management Company: BRIAR POINTE HOMEOWNERS

Schools

  • Junior High Dist: 54

Lot Info

  • Parcel Identification Number: 07323010331223

Multi Family

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

Tax Info

  • Taxes: 3038.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2016
Closed on
Apr 11, 2016
Sold by
Grmusa Ljilijana and Teodorovic Slavica
Bought by
Gmusa Ljilijana Gmusa and Teodorovic Slavica
Seller's Agent
Dorota Sep
HomeSmart Connect LLC
Buyer's Agent
Lisa Byrne
Baird & Warner
List Price
$179,500
Sold Price
$179,000
Premium/Discount to List
-$500
-0.28%
Current Estimated Value
$315,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,171
Avg. Annual Appreciation
5.99%
Original Mortgage
$170,050
Outstanding Balance
$134,594
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$180,577

Purchase Details

Listed on
Jan 17, 2016
Closed on
Mar 7, 2016
Sold by
Kogut Daniel and Kogut Katarzyna
Bought by
Grmusa Ljiljana
Seller's Agent
Dorota Sep
HomeSmart Connect LLC
Buyer's Agent
Lisa Byrne
Baird & Warner
List Price
$179,500
Sold Price
$179,000
Premium/Discount to List
-$500
-0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,050
Outstanding Balance
$134,594
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$180,577

Purchase Details

Closed on
Sep 12, 2005
Sold by
Banicz Zsolt and Romhanyi Andrea
Bought by
Kogut Daniel and Kogut Katarzyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,400
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 30, 2001
Sold by
Manaves Peter G and Manaves Joanna
Bought by
Banicz Zsolt and Romhanyi Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.07%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 1996
Sold by
Parkway Bank & Trust Company
Bought by
Manaves Peter G and Stamatiou Joanna

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
7.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gmusa Ljilijana Gmusa -- None Available
Grmusa Ljiljana $179,000 Old Republic Natl Title Ins
Kogut Daniel $224,000 Pntn
Banicz Zsolt $160,000 --
Manaves Peter G $120,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grmusa Ljiljana $170,050
Previous Owner Kogut Daniel $22,400
Previous Owner Kogut Daniel $179,200
Previous Owner Banicz Zsolt $152,000
Previous Owner Manaves Peter G $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2016 03/08/16 Sold $179,000 -0.3% $138 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
01/17/2016 01/17/16 For Sale $179,500 -- $138 / 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 $5,186 $21,829 $1,924 $19,905
2023 $5,000 $21,829 $1,924 $19,905
2022 $5,000 $21,829 $1,924 $19,905
2021 $4,220 $17,253 $1,257 $15,996
2020 $4,215 $17,253 $1,257 $15,996
2019 $4,259 $19,319 $1,257 $18,062
2018 $3,291 $14,402 $1,035 $13,367
2017 $3,257 $14,402 $1,035 $13,367
2016 $3,288 $14,402 $1,035 $13,367
2015 $3,055 $12,836 $961 $11,875
2014 $3,038 $12,836 $961 $11,875
2013 $2,943 $12,836 $961 $11,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09118300

Midwest Real Estate Data (MRED)

APN: 07-32-301-033-1223