NOT LISTED FOR SALE

1718 Chesapeake Ln Unit 8 Schaumburg, IL 60193

South Schaumburg Neighborhood

Estimated Value: $288,000 - $309,000

3 Beds
2 Baths
1,300 Sq Ft
$233/mo HOA Fee

Last Sold May 10, 2021

Last sale price $217,000 $167 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,269/month

4 Days on Market

Highlights

  • Vaulted Ceiling
  • Stainless Steel Appliances
  • Attached Garage
  • Robert Frost Junior High School Rated A-
  • Balcony
  • Soaking Tub

About This Home

As of May 2021

Rare 3 bedroom and 2 full bath home in the Glens of Schaumburg. Latest updates include brand new carpeting in the living room, hallways and all of the bedrooms as well as new flooring in the kitchen and hall bath. A fresh coat of paint throughout with updated light fixtures and a dishwasher add to the list of improvements. The kitchen features all Stainless Steel appliances, a large table space and a sliding door leading out to the balcony. Access to the balcony is available through the sliding door in the living room as well which has a fireplace to set a peaceful ambience. The 3rd bedroom was previously used as a den, because of this, there are glass doors that open to the living room which could easily be closed or kept for your work from home needs. A walk-in closet and soaker tub are perks that you don't usually find at this price point. The Metra is just a short distance away which makes getting anywhere in Chicagoland quick and convenient. The Elgin-O'Hare is also easily accessible, connecting to many other expressways.

Last Agent to Sell the Property

Karen Ringquist

Coldwell Banker Realty License #475123720 Listed on: 03/16/2021

Coldwell Banker Realty

Last Buyer's Agent

Venera Cameron

Real 1 Realty License #475159418

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,498

Year Built

  • 1991

Lot Details

  • 16.13

HOA Fees

  • $233 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,498

Year Built

1991

Lot Details

0

HOA Fees

$233 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 2
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1991
  • Type Attached: Manor Home/Coach House/Villa
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1991

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • Number Of Rooms: 6
  • Living Room: Dimensions: 18X14, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Range Hood
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X6, On Level: 2nd Level, Flooring: Vinyl
  • Dining Room: Dimensions: 10X9, On Level: 2nd Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 19X10, On Level: 2nd Level, Flooring: Wood Laminate, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1300

Exterior Features

  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Storms/Screens

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
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 233
  • Management Contact Name: Manager
  • Management Phone: 630-787-0305

Fee Information

  • Management Company: Williamson Management

Schools

  • Junior High Dist: 54

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 07321000411068

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 4575.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 10, 2021
Sold by
Devon Bank
Bought by
Mukhambetov Nurlan
Seller's Agent
Karen Ringquist
Coldwell Banker Realty
Buyer's Agent
Venera Cameron
Real 1 Realty
List Price
$215,000
Sold Price
$217,000
Premium/Discount to List
$2,000
0.93%
Current Estimated Value
$298,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,689
Avg. Annual Appreciation
7.27%
Original Mortgage
$269,967
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 8, 2021
Sold by
Hogan Brian E and Hogan Lyn B
Bought by
Devon Bank
Seller's Agent
Karen Ringquist
Coldwell Banker Realty
Buyer's Agent
Venera Cameron
Real 1 Realty
List Price
$215,000
Sold Price
$217,000
Premium/Discount to List
$2,000
0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,967
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2005
Sold by
Mcintyre John D
Bought by
Hogan Brian E and Hogan Lyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 30, 2003
Sold by
Mcintyre John and Mcintyre Lynn
Bought by
Mcintyre John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,266
Interest Rate
6.07%

Purchase Details

Closed on
May 1, 1996
Sold by
Venturini Martin J
Bought by
King Lynn E and Mcintyre John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,200
Interest Rate
7.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mukhambetov Nurlan -- Burnet Title Post Closing
Devon Bank $217,000 Burnet Title Post Closing
Hogan Brian E $207,500 1St American Title
Mcintyre John -- --
King Lynn E $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mukhambetov Nurlan $269,967
Previous Owner Hogan Brian E $166,000
Previous Owner Mcintyre John $150,266
Previous Owner King Lynn E $104,200
Closed Hogan Brian E $31,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $217,000 +0.9% $167 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $215,000 -- $165 / 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 $5,498 $19,626 $2,536 $17,090
2023 $5,331 $19,626 $2,536 $17,090
2022 $5,331 $19,626 $2,536 $17,090
2021 $3,611 $15,244 $1,658 $13,586
2020 $3,617 $15,244 $1,658 $13,586
2019 $4,575 $17,069 $1,658 $15,411
2018 $3,500 $11,661 $1,365 $10,296
2017 $3,444 $11,661 $1,365 $10,296
2016 $3,221 $11,661 $1,365 $10,296
2015 $3,096 $10,348 $1,268 $9,080
2014 $3,062 $10,348 $1,268 $9,080
2013 $2,983 $10,348 $1,268 $9,080
Source: Public Records

Agents Affiliated with this Home

  • Karen Ringquist

    Seller's Agent in 2021

    Karen Ringquist

    Coldwell Banker Realty

    (847) 204-6273

    7 in this area

    69 Total Sales

    Karen Ringquist
    Section Image
  • Venera Cameron

    Buyer's Agent in 2021

    Venera Cameron

    Real 1 Realty

    (847) 293-9411

    7 in this area

    247 Total Sales

    Venera Cameron
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11023122

Midwest Real Estate Data (MRED)

APN: 07-32-100-041-1068

Illinois Cook County Schaumburg 60193 South Schaumburg

1718 Chesapeake Ln Unit 8, Schaumburg, IL

Not Listed for Sale

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