NOT LISTED FOR SALE

16430 Olde Gatehouse Rd Unit 24B Tinley Park, IL 60477

Centennial Park Neighborhood

Estimated Value: $245,000 - $279,016

2 Beds
2.5 Baths
1,400 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $234,000 $167 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,202/month

4 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Bonus Room
  • Victor J Andrew High School Rated A
  • Wood Flooring
  • End Unit

About This Home

As of August 2022

Beautifully updated 2-story corner unit townhouse with 1 car attached garage. Open concept first floor includes a living room offering abundant natural light from the skylight in the vaulted ceiling; kitchen features white cabinets, granite counters, striking backsplash, high-end stainless steel appliances, breakfast bar and eat-in dinning area; the powder room and laundry room are also located on the main level. The owner's suite features hardwood floors, a full bathroom and bonus room. The second bedroom has a walk-in closet and newly installed carpet over wood laminate flooring. Second bathroom with bath tub is located on 2nd level. New/2019 furnace and central A/C; newer windows. Fenced patio offers privacy for friends/family gatherings. RENTALS ALLOWED

Last Agent to Sell the Property

Petya Karadzhova

Baird & Warner License #475196041 Listed on: 07/21/2022

Baird & Warner

Last Buyer's Agent

Puneet Kapoor

Keller Williams Infinity License #475172758

Keller Williams Infinity

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,973

Year Built

  • Built in 1990 | Remodeled in 2017

Lot Details

  • 15.36

HOA Fees

  • $195 Monthly HOA Fees

Parking

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

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Bonus Room
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • End Unit

Community Details

Overview

  • Association fees include insurance, lawn care, scavenger, snow removal
  • 4 Units
  • Schrank & Associates Association, Phone Number (708) 349-3133
  • Steeple Run Subdivision
  • Property managed by Schrank & Associates Inc.

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,973

Year Built

Built in 1990 | Remodeled in 2017

Lot Details

0

HOA Fees

$195 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Townhouse-2 Story
  • Subdivision Name: Steeple Run
  • Year Built: 1990
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2017
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2017

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Wood Laminate Floors, First Floor Laundry, Laundry Hook-Up in Unit, Open Floorplan, Dining Combo, Granite Counters
  • LivingArea: 1400
  • Room Type: Bonus Room
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, End Unit
  • List Price: 239900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick,Clad Trim

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: No
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 195
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Schrank & Associates Inc.
  • Management Contact Name: Schrank & Associates
  • Management Phone: 708-349-3133
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 146

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5973.45
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Aug 16, 2022
Sold by
Nikolov Nikola
Bought by
Saleem Jinan Abu
Seller's Agent
Petya Karadzhova
Baird & Warner
Buyer's Agent
Puneet Kapoor
Keller Williams Infinity
List Price
$239,900
Sold Price
$234,000
Premium/Discount to List
-$5,900
-2.46%
Current Estimated Value
$268,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,504
Avg. Annual Appreciation
4.49%
Original Mortgage
$222,300
Outstanding Balance
$209,974
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$58,530

Purchase Details

Closed on
May 22, 2017
Sold by
Hadermayer Kimberly and Litaker Danette
Bought by
Nikolov Nikola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 1998
Sold by
Gianatselis Bill and Gianatselis Irene
Bought by
Sheridan Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
7.32%
Source: Public Records

Range of Values:

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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
Saleem Jinan Abu $234,000 Fidelity National Title
Nikolov Nikola $140,000 Attorney
Sheridan Charlene $116,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saleem Jinan Abu $222,300
Previous Owner Nikolov Nikola $130,200
Previous Owner Sheridan Charlene $92,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $234,000 -2.5% $167 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $239,900 -- $171 / 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 $6,990 $20,550 $9,394 $11,156
2023 $4,625 $20,550 $9,394 $11,156
2022 $4,625 $14,278 $3,827 $10,451
2021 $6,019 $14,278 $3,827 $10,451
2020 $5,973 $14,278 $3,827 $10,451
2019 $5,384 $12,786 $3,653 $9,133
2018 $5,328 $12,786 $3,653 $9,133
2017 $5,362 $12,786 $3,653 $9,133
2016 $5,487 $12,679 $3,131 $9,548
2015 $3,472 $12,679 $3,131 $9,548
2014 $3,473 $12,679 $3,131 $9,548
2013 $3,970 $12,994 $3,131 $9,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11471386

Midwest Real Estate Data (MRED)

APN: 28-19-308-043-1046