NOT LISTED FOR SALE

Estimated Value: $445,000 - $517,000

3 Beds
1.5 Baths
2,012 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $350,000 $174 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,994/month

1 Day on Market

Highlights

  • Waterfront
  • Wetlands Adjacent
  • 1 Fireplace
  • Hoover Math And Science Academy Rated A
  • Raised Ranch Architecture
  • 4-minute walk to Gray Farm Park

About This Home

As of August 2021

LOCATION! LOCATION! LOCATION! This "Diamond in the Rough" sits on one of the most desirable lots in the area! The home is on a cul-de-sac lot on a dead end street, with a lush private completely fenced yard and gorgeous water view of Gray Farm Lake. Aside from the fantastic location and view, the other special feature of the property is the added extension onto the back of the garage and 2nd floor Master Bedroom extension (shown as Bonus Room on floor plan). With the added extension, the garage now holds 4 cars (tandem) and is perfect for a shop or "man cave". The extra extended space in the MBR is perfect to turn into a spa Master Bath since it already has plumbing in it. There's plenty of space to do whatever you want, including add a 4th BR in the lower level. Another bonus is that the "big ticket" items are all fairly recent and in very good condition: windows replaced 8 years ago, roof 10 years, W/D 5 years, HWH 6 years, Main AC & furnace 15 years but have annual service contracts on them. There is also a separate furnace for the garage that is 8 years old. With a little imagination and some TLC, this space can be completely transformed into your Dream Home "retreat". So much potential, so little time! Don't miss out on this special property. NOTE: this is an Estate Sale and is being offered AS IS.

Last Agent to Sell the Property

Nancy Perlman

HomeSmart Connect LLC License #475144939 Listed on: 06/30/2021

HomeSmart Connect LLC

Last Buyer's Agent

Showy Perry

HomeSmart Connect LLC License #475159458

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,243

Year Built

  • Built in 1974

Lot Details

  • 0.33 Acre Lot
  • Waterfront
  • Wetlands Adjacent
  • Cul-De-Sac
  • Fenced Yard

Parking

  • 4 Car Attached Garage
  • Parking Included in Price

Home Design

  • Raised Ranch Architecture
  • Frame Construction

Interior Spaces

  • 2,012 Sq Ft Home
  • Beamed Ceilings
  • Ceiling Fan
  • 1 Fireplace
  • Bonus Room
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Outdoor Features

  • Pergola

Schools

  • Hoover Math & Science Academy Elementary School
  • Keller Junior High School
  • Schaumburg High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,243

Year Built

Built in 1974

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1974
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Beamed Ceilings
  • LivingArea: 2012
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Lot Features: Cul-De-Sac, Fenced Yard, Wetlands adjacent, Water View
  • OtherStructures: Pergola
  • Waterfront: Yes
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Hoover Math & Science Academy
  • High School: Schaumburg High School
  • Middle/Junior School: Keller Junior High School

Lot Info

  • Lot Size Acres: 0.326
  • Lot Dimensions: 14213
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5243.48
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 2, 2021
Sold by
Hughes Tiffany and The Joseph Hughes Declaration
Bought by
Deng Jone Shin and Deng Sue Lin
Seller's Agent
Nancy Perlman
HomeSmart Connect LLC
Buyer's Agent
Showy Perry
HomeSmart Connect LLC
List Price
$329,900
Sold Price
$350,000
Premium/Discount to List
$20,100
6.09%
Current Estimated Value
$487,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,572
Avg. Annual Appreciation
8.13%
Original Mortgage
$225,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2010
Sold by
Hughes Joseph
Bought by
Hughes Joseph and Joseph Hughes Declaration Of Trust
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
Deng Jone Shin $350,000 Landtrust National Ttl Svcs
Hughes Joseph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deng Jone Shin $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $350,000 +6.1% $174 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $329,900 -- $164 / 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 $5,298 $36,000 $9,949 $26,051
2023 $8,106 $36,000 $9,949 $26,051
2022 $8,106 $36,000 $9,949 $26,051
2021 $9,361 $30,885 $6,751 $24,134
2020 $9,200 $30,885 $6,751 $24,134
2019 $5,243 $34,703 $6,751 $27,952
2018 $5,881 $29,996 $6,040 $23,956
2017 $5,687 $29,996 $6,040 $23,956
2016 $6,212 $29,996 $6,040 $23,956
2015 $8,413 $28,122 $5,329 $22,793
2014 $8,321 $28,122 $5,329 $22,793
2013 $8,108 $28,122 $5,329 $22,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11141256

Midwest Real Estate Data (MRED)

APN: 07-20-104-014-0000