$158,500
SOLD JUN 9, 2021

1931 Prairie Square Unit 234 Schaumburg, IL 60173

Creekside Neighborhood
2 Beds
2 Baths
1,200 Sq Ft
$460/mo HOA Fee

Recently Sold

$132 Per Sq Ft

6 Days on Market

Highlights

  • Lock-and-Leave Community
  • Community Pool
  • Elevator
  • Margaret Mead Junior High School Rated A
  • Sundeck
  • 1 Car Attached Garage

About This Home

As of June 2021

Property is a rare opportunity to own the largest corner unit in the entire complex. One of the few units in building that are allowed to be rented out. This spacious 2 bed 2 bath has recently been updated with granite countertops, stainless steel appliances, hardwood floors and much more. Property comes with a garage space close to the elevator. Fully updated corner unit is being rented out until the end of April for $1550.

Last Agent to Sell the Property

Jacob Estell

Coldwell Banker Real Estate Group License #475196995 Listed on: 05/14/2021

Last Buyer's Agent

Ricky Sakoda

Jameson Sotheby's International Realty License #475189239

Jameson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,250

Year Built

  • Built in 1972

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessibility Features
  • Ramp on the main level

Utilities

  • Central Air
  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, security, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 104 Units
  • Melissa Association, Phone Number (847) 806-6121
  • Property managed by Property Specialist Inc.
  • Lock-and-Leave Community

Amenities

  • Sundeck
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool
  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,250

Year Built

Built in 1972

Lot Details

0

HOA Fees

$460 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1972
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator, Microwave
  • Basement: None
  • Accessibility Features: Ramp - Main Level
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1200
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 154900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 460
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Storage, Park, Sundeck, Pool, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Property Specialist Inc.
  • Management Contact Name: Melissa
  • Management Phone: 847-806-6121

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Security, Security, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 54

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3250
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Jun 30, 2021
Sold by
Hegde Subray and Hegde Madhu Subray
Bought by
Ramos Raysa and Ramos Sayra
Seller's Agent
Ricky Sakoda
Jameson Sotheby's International Realty
Buyer's Agent
Daniel Bernero
Baird & Warner Real Estate - Algonquin
Sold Price
$1,450
Current Estimated Value
$208,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,214
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Sep 22, 2017
Sold by
Molfese Carmine and Molfese Esther
Bought by
Hegde Subray and Hegde Madhu Subray

Purchase Details

Closed on
Jun 26, 2008
Sold by
Hc Walden Properties Llc
Bought by
Molfese Carmine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $158,500 First American Title
Warranty Deed $134,500 First American Title
Special Warranty Deed $167,500 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $510,000 New Conventional
Previous Owner $134,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2021 08/01/21 Rented -- -- --
07/30/2021 07/30/21 Under Contract -- -- --
07/20/2021 07/20/21 For Rent $1,450 0.0% --
06/09/2021 06/09/21 Sold $158,500 +2.3% $132 / Sq Ft
05/21/2021 05/21/21 For Sale -- -- --
05/20/2021 05/20/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $154,900 -- $129 / 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 $3,939 $14,060 $2,051 $12,009
2023 $3,819 $14,060 $2,051 $12,009
2022 $3,819 $14,060 $2,051 $12,009
2021 $3,419 $11,282 $1,572 $9,710
2020 $3,361 $11,282 $1,572 $9,710
2019 $3,378 $12,601 $1,572 $11,029
2018 $2,985 $9,946 $888 $9,058
2017 $2,938 $9,946 $888 $9,058
2016 $2,747 $9,946 $888 $9,058
2015 $2,312 $7,729 $820 $6,909
2014 $2,287 $7,729 $820 $6,909
2013 $2,228 $7,729 $820 $6,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11088340

Midwest Real Estate Data (MRED)

APN: 07-12-200-013-1185