NOT LISTED FOR SALE

Estimated Value: $249,000 - $292,000

2 Beds
1.5 Baths
1,350 Sq Ft
$202/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $230,000 $170 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,087/month

17 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Combination Dining and Living Room
  • 4-minute walk to Sheffield Park
  • Dwight D Eisenhower Junior High School Rated A-
  • Dogs and Cats Allowed

About This Home

As of August 2024

Discover an incredible investment opportunity with this charming 2-bedroom, 1.5-bath townhouse located at 1824 Lancashire Ct. in the highly sought-after Schaumburg area. Perfectly situated just 5 minutes from I-90 and a mere 10 minutes from Woodfield Mall, this property offers unparalleled convenience and accessibility. The townhouse features 2 spacious bedrooms, ideal for a small family or roommates, along with 1 full bath and 1 half bath for added convenience. Additionally, there are 2 assigned exterior parking spaces. Currently rented at $2,200 per month, this property comes with a lease in place until June 2025, providing immediate and steady rental income. This turnkey rental property allows you to start collecting rent immediately with a reliable tenant already in place, making it an ideal choice for investors seeking a hassle-free addition to their portfolio. Close to major highways, shopping, dining, and entertainment options, this property's prime location in Schaumburg enhances its appeal. Known for its excellent schools, parks, and vibrant community, Schaumburg is a highly desirable area for renters. Don't miss out on this amazing opportunity to add a profitable property to your investment portfolio. Schedule a showing today and secure your future income stream! For more information or to arrange a viewing, please contact us today!

Last Agent to Sell the Property

Rafay Qamar

Real Broker LLC License #475158420 Listed on: 07/15/2024

Real Broker LLC

Last Buyer's Agent

Mafatlal Patel

Provident Realty, Inc. License #475133744

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,134

Year Built

  • Built in 1973 | Remodeled in 2020

Lot Details

  • 1,786

HOA Fees

  • $200 Monthly HOA Fees

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Neil Armstrong Elementary School
  • Eisenhower Junior High School
  • Hoffman Estates High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include parking, insurance, exterior maintenance, lawn care, scavenger
  • 5 Units
  • Darshi Shah Association, Phone Number (847) 885-3444
  • Property managed by Sheffield Towne Association

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,134

Year Built

Built in 1973 | Remodeled in 2020

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Year Built: 1973
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2020
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2020

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1350
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 2025
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 2025
  • Total Sq Ft: 2025
  • Upper Level Sq Ft: 675
  • Main Level Sq Ft: 675
  • Lower Level Sq Ft: 675
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 259000
  • Waterfront: No
  • Exterior Building Type: Brick,Shingle Siding

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sheffield Towne Association
  • Management Contact Name: Darshi Shah
  • Management Phone: 847-885-3444X0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger

Schools

  • Elementary School: Neil Armstrong Elementary School
  • High School: Hoffman Estates High School
  • Middle/Junior School: Eisenhower Junior High School
  • Middle/Junior School District: 54

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 1800
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5133.93
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Aug 21, 2024
Sold by
Avino Stephen
Bought by
Godiva Properties Llc
Seller's Agent
Rafay Qamar
Real Broker LLC
Buyer's Agent
Mafatlal Patel
Provident Realty, Inc.
List Price
$259,000
Sold Price
$230,000
Premium/Discount to List
-$29,000
-11.2%
Views
38
Current Estimated Value
$272,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,704
Avg. Annual Appreciation
16.42%
Original Mortgage
$172,500
Outstanding Balance
$170,495
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
Estimated Equity
$102,209

Purchase Details

Listed on
May 7, 2020
Closed on
May 20, 2020
Sold by
Obrien Daniel George and Obrien Katherine J
Bought by
Avino Stephen
Seller's Agent
Christopher Goff
Christopher Goff Indp. Realtor
Buyer's Agent
Claudia Goehner
Redfin Corporation
List Price
$185,000
Sold Price
$191,000
Premium/Discount to List
$6,000
3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$185,270
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2006
Sold by
Starzynski Christine
Bought by
Starzynski Christine and Obrien Daniel George

Purchase Details

Closed on
Jun 7, 2004
Sold by
Orama Harry
Bought by
Starzynski Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 27, 2000
Sold by
Asmussen Roy Michael and Asmussen James
Bought by
Orama Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,100
Interest Rate
8.39%
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
Godiva Properties Llc $230,000 Fortress Title Llc
Avino Stephen $191,000 Attorney
Starzynski Christine -- None Available
Starzynski Christine $155,000 Atgf Inc
Orama Harry $113,000 --
Asmussen Roy Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godiva Properties Llc $172,500
Previous Owner Avino Stephen $185,270
Previous Owner Starzynski Christine $124,000
Previous Owner Orama Harry $79,100
Closed Orama Harry $28,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $230,000 -11.2% $170 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $259,000 +35.6% $192 / Sq Ft
06/15/2020 06/15/20 Sold $191,000 +3.2% $141 / Sq Ft View Prior Sale
05/08/2020 05/08/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $185,000 -- $137 / 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 $5,305 $19,000 $3,000 $16,000
2023 $5,134 $19,000 $3,000 $16,000
2022 $5,134 $19,000 $3,000 $16,000
2021 $4,506 $14,903 $2,835 $12,068
2020 $3,512 $14,903 $2,835 $12,068
2019 $3,513 $16,559 $2,835 $13,724
2018 $3,865 $16,329 $2,475 $13,854
2017 $3,821 $16,329 $2,475 $13,854
2016 $3,813 $16,329 $2,475 $13,854
2015 $3,208 $13,373 $2,160 $11,213
2014 $3,188 $13,373 $2,160 $11,213
2013 $3,089 $13,373 $2,160 $11,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12111544

Midwest Real Estate Data (MRED)

APN: 07-17-104-131-0000