NOT LISTED FOR SALE

235 Butternut Ln Streamwood, IL 60107

Estimated Value: $246,000 - $266,926

2 Beds
1.5 Baths
1,133 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $213,000 $188 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,096/month

8 Days on Market

Highlights

  • Vaulted Ceiling
  • Community Pool
  • 1 Car Attached Garage
  • End Unit
  • Party Room
  • Patio

About This Home

As of March 2023

Location, location, location! Excellent opportunity to own a condo in Southgate Townhome. This unit features an open floor plan with fireplace, vaulted ceiling and a separate dining area. The second level offers 2 bedrooms with a large walk-in for the main bedroom. Close to expressway, shops, and restaurants. Investors welcome, rentals allowed.

Last Agent to Sell the Property

John Karoumi

RE/MAX At Home License #475190977 Listed on: 02/17/2023

Co-Listed By

Basel Tarabein

RE/MAX At Home License #471008459

Last Buyer's Agent

Yevhen Hurtovyi

Realta Real Estate License #475182207

Realta Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,644

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 58.1x 44.7
  • End Unit

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,133 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Heatilator
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laminate Flooring

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Ridge Circle Elementary School
  • Canton Middle School
  • Streamwood High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 2 Units
  • Office Association, Phone Number (847) 259-1331
  • Southgate Manor Subdivision
  • Property managed by McGill Property Management

Amenities

  • Common Area
  • Party Room

Recreation

  • Community Pool
  • Park

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,644

Year Built

Built in 1987

Lot Details

0

HOA Fees

$250 per month

Parking

1

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
  • Subdivision Name: Southgate Manor
  • Year Built: 1987
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter, Heatilator
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Wood Laminate Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1133
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Patio, End Unit
  • List Price: 199900
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 250
  • Association Amenities: Park, Party Room, Pool
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: McGill Property Management
  • Management Contact Name: Office
  • Management Phone: 847-259-1331
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Ridge Circle Elementary School
  • High School: Streamwood High School
  • Middle/Junior School: Canton Middle School
  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 58.1X 44.7
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4644
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 22, 2023
Sold by
Lin Alexander L
Bought by
Smolyak Vitally
Seller's Agent
John Karoumi
RE/MAX At Home
Buyer's Agent
Yevhen Hurtovyi
Realta Real Estate
List Price
$199,900
Sold Price
$213,000
Premium/Discount to List
$13,100
6.55%
Views
268
Current Estimated Value
$259,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,232
Avg. Annual Appreciation
8.90%
Original Mortgage
$196,650
Outstanding Balance
$192,107
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$70,163

Purchase Details

Closed on
May 29, 2020
Sold by
Lin Alexander L and Lin Van Cum
Bought by
Lin Alexander L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,988
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2017
Sold by
Thorp David and Thorp Lauren
Bought by
Lin Alexander L and Lin Van Cura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,364
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2005
Sold by
Southgate Manors Ltd
Bought by
Thorp David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Smolyak Vitally $213,000 None Listed On Document
Lin Alexander L -- Precision Title Company
Lin Alexander L $143,000 Attorney
Thorp David $188,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smolyak Vitally $196,650
Previous Owner Lin Alexander L $141,988
Previous Owner Lin Alexander L $140,364
Previous Owner Thorp David $56,282
Previous Owner Thorp David $80,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $213,000 +6.6% $188 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $199,900 0.0% $176 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $199,900 -- $176 / 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 $5,236 $17,000 $3,500 $13,500
2023 $5,100 $17,000 $3,500 $13,500
2022 $5,100 $17,000 $3,500 $13,500
2021 $4,644 $12,703 $2,530 $10,173
2020 $4,565 $12,703 $2,530 $10,173
2019 $4,561 $14,273 $2,530 $11,743
2018 $4,414 $12,534 $2,205 $10,329
2017 $3,181 $12,534 $2,205 $10,329
2016 $3,251 $12,534 $2,205 $10,329
2015 $3,282 $11,876 $1,946 $9,930
2014 $3,251 $11,876 $1,946 $9,930
2013 $3,130 $11,876 $1,946 $9,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11720983

Midwest Real Estate Data (MRED)

APN: 06-24-411-011-0000