NOT LISTED FOR SALE

2308 Algonquin Rd Unit 8 Rolling Meadows, IL 60008

Busse Woods Neighborhood

Estimated Value: $157,000 - $168,000

2 Beds
1 Bath
1,050 Sq Ft
$287/mo HOA Fee

Last Sold May 14, 2015

Last sale price $41,000 $39 Per Sq Ft

Est. 297% increase in value since last sale

Current estimated payment $1,312/month

280 Days on Market

Highlights

  • Balcony
  • Property is near a bus stop
  • Forced Air Heating System
  • Rolling Meadows High School Rated A+

About This Home

As of May 2015

Ownership Is So Affordable w/This Unit~Coach Light Subdivision~2 Story Unit~New Paint & Carpet~Move In Ready~Water & Gas Included In Association~Close To Woodfield Mall~This is a Fannie Mae Home Path Property.

Last Agent to Sell the Property

Gloria Tomaras

GMC Realty LTD License #475117730 Listed on: 06/30/2014

Last Buyer's Agent

Enrique Aguilar

RE/MAX Countryside

RE/MAX Countryside

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,952

Year Built

  • 1974

Lot Details

  • 17.1

HOA Fees

  • $287 per month

Home Design

  • Brick Exterior Construction

Home Security

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Oven or Range
  • North or South Exposure
  • Balcony
  • Property is near a bus stop

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,952

Year Built

1974

Lot Details

0

HOA Fees

$287 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1974
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1974

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 16X15, On Level: 2nd Level, Flooring: Carpet
  • Appliances: Oven/Range
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X8, On Level: 2nd Level, Flooring: Vinyl
  • Kitchen Type: Dimensions: 12X7, On Level: 2nd Level, Flooring: Vinyl
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X12, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X11, On Level: 3rd Level, Flooring: Carpet
  • Estimated Sq Ft: 1050
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Storms/Screens
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 35
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Assessment Includes: Water, Gas, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 287
  • Management Contact Name: Lilian
  • Management Phone: 847-259-1331

Fee Information

  • Management Company: McGill Management

Schools

  • School District: 214
  • Elementary School: WILLOW BEND ELEMENTARY SCHOOL
  • Middle School: CARL SANDBURG JUNIOR HIGH SCHOOL
  • High School: ROLLING MEADOWS HIGH SCHOOL
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 08081060241056

Multi Family

  • Total Number Unitsin Building: 18
  • Number Stories: 2

Tax Info

  • Taxes: 1879.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2014
Closed on
May 17, 2015
Sold by
Fannie Mae
Bought by
Cazares Amando
Seller's Agent
Gloria Tomaras
GMC Realty LTD
Buyer's Agent
Enrique Aguilar
RE/MAX Countryside
List Price
$45,000
Sold Price
$41,000
Premium/Discount to List
-$4,000
-8.89%
Current Estimated Value
$162,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,608
Avg. Annual Appreciation
14.02%

Purchase Details

Closed on
Dec 10, 2013
Sold by
Cortez Margarita
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 22, 2004
Sold by
Cortez Margarita and Linares Ramon
Bought by
Cortez Margarita and Paniagua Jaime

Purchase Details

Closed on
Jun 5, 2002
Sold by
Cortez Graciela
Bought by
Vasquez Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 28, 1996
Sold by
Campbell Carol Y
Bought by
Vasquez Rafael and Cortez Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,700
Interest Rate
8.07%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 1993
Sold by
Underhile Terri A and Underhile Charles
Bought by
Campbell Carol Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,250
Interest Rate
7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Cazares Amando -- First American Title
Federal National Mortgage Association -- None Available
Cortez Margarita -- Ticor Title Insurance
Vasquez Rafael -- Chicago Title Insurance Co
Vasquez Rafael $57,000 Attorneys Natl Title Network
Campbell Carol Y $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasquez Rafael $58,000
Previous Owner Vasquez Rafael $55,700
Previous Owner Campbell Carol Y $48,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2015 05/14/15 Sold $41,000 -8.7% $39 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
04/03/2015 04/03/15 Price Changed $44,900 -0.2% $43 / Sq Ft
04/01/2015 04/01/15 For Sale $45,000 0.0% $43 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $45,000 0.0% $43 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
11/25/2014 11/25/14 Price Changed $45,000 -9.8% $43 / Sq Ft
11/22/2014 11/22/14 For Sale $49,900 0.0% $48 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
08/04/2014 08/04/14 Price Changed $49,900 -8.4% $48 / Sq Ft
06/30/2014 06/30/14 For Sale $54,500 -- $52 / 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 $1,952 $9,707 $2,059 $7,648
2023 $2,224 $9,707 $2,059 $7,648
2022 $2,224 $11,031 $2,059 $8,972
2021 $2,129 $9,793 $1,351 $8,442
2020 $2,152 $9,793 $1,351 $8,442
2019 $1,899 $9,993 $1,351 $8,642
2018 $438 $4,795 $1,158 $3,637
2017 $448 $4,795 $1,158 $3,637
2016 $1,411 $4,795 $1,158 $3,637
2015 $1,972 $6,296 $1,029 $5,267
2014 $1,925 $6,296 $1,029 $5,267
2013 $1,879 $6,296 $1,029 $5,267
Source: Public Records

Agents Affiliated with this Home

  • Gloria Tomaras

    Seller's Agent in 2015

    Gloria Tomaras

    GMC Realty LTD

    (630) 878-4407

    28 Total Sales

    Gloria Tomaras
    Section Image

  • E

    Buyer's Agent in 2015

    Enrique Aguilar

    RE/MAX Countryside

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08659359

Midwest Real Estate Data (MRED)

APN: 08-08-106-024-1056

Illinois Cook County Rolling Meadows 60008 Busse Woods

2308 Algonquin Rd Unit 8, Rolling Meadows, IL

This home is located at 2308 Algonquin Rd Unit 8, Rolling Meadows, IL 60008 since 30 June 2014 and is currently estimated at $162,608, approximately $154 per square foot. This property was built in 1974. 2308 Algonquin Rd Unit 8 is a home located in Cook County with nearby schools including Willow Bend Elementary School, Carl Sandburg Junior High School, and Rolling Meadows High School.

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