NOT LISTED FOR SALE

2402 Algonquin Rd Unit 24021 Rolling Meadows, IL 60008

Busse Woods Neighborhood

Estimated Value: $145,000 - $163,000

2 Beds
1 Bath
-- Sq Ft
$329/mo HOA Fee

Last Sold June 01, 2021

Last sale price $100,000

Est. 53% increase in value since last sale

Current estimated payment $1,382/month

23 Days on Market

Highlights

  • Cats Allowed
  • Rolling Meadows High School Rated A+
  • Heating Available

About This Home

As of June 2021

Great home 2 bed 1 bath. Excellent location close to everything.

Last Agent to Sell the Property

David Ramirez

Net Realty Corp License #471018476 Listed on: 02/28/2021

Co-Listed By

Everardo Reyes

Net Realty Corp License #475146253

Last Buyer's Agent

Everardo Reyes

Net Realty Corp License #475146253

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,899

Lot Details

  • 17.1

HOA Fees

  • $329 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, snow removal
  • 16 Units
  • Main Office Association, Phone Number (847) 259-1331
  • Property managed by McGill Management inc

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,899

Lot Details

0

HOA Fees

$329 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 (Window/Wall Unit)
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 329
  • Association Fee Frequency: Monthly
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Not Required
  • Management Company: McGill Management inc
  • Management Contact Name: main office
  • Management Phone: 847-259-1331X0
  • Master Association Fee: 0

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 1899
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2021
Closed on
May 17, 2021
Sold by
Parada Hugo G and Cabral Maria G
Bought by
Diaz Olivia Sarabia and Rodriguez Barbara
Seller's Agent
David Ramirez
Net Realty Corp
Buyer's Agent
Everardo Reyes
Net Realty Corp
List Price
$104,900
Sold Price
$100,000
Premium/Discount to List
-$4,900
-4.67%
Current Estimated Value
$153,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,307
Avg. Annual Appreciation
9.85%
Original Mortgage
$73,500
Outstanding Balance
$66,400
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$86,907

Purchase Details

Closed on
Aug 10, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Parada Hugo G and Cabral Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,272
Interest Rate
4.96%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 2009
Sold by
Bravo Julio and Bravo Julio C
Bought by
Deutsche Bank National Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,272
Interest Rate
4.96%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2001
Sold by
Dunlop William R and Dunlop Trust
Bought by
Bravo Julio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,600
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 1993
Sold by
Dunlop William R
Bought by
Dunlop William R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Diaz Olivia Sarabia $98,000 Greater Illinois Title
Parada Hugo G $66,500 First American Title
Deutsche Bank National Trust Company -- None Available
Bravo Julio C $79,000 1St American Title
Dunlop William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Olivia Sarabia $73,500
Previous Owner Parada Hugo G $65,272
Previous Owner Bravo Julio C $76,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2021 06/01/21 Sold $100,000 0.0% --
03/22/2021 03/22/21 Pending -- -- --
03/07/2021 03/07/21 Off Market $100,000 -- --
02/27/2021 02/27/21 For Sale $104,900 -- --
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 $2,965 $9,707 $2,059 $7,648
2023 $3,223 $9,707 $2,059 $7,648
2022 $3,223 $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 $676 $4,795 $1,158 $3,637
2015 $1,151 $6,296 $1,029 $5,267
2014 $1,140 $6,296 $1,029 $5,267
2013 $1,094 $6,296 $1,029 $5,267
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11005804

Midwest Real Estate Data (MRED)

APN: 08-08-106-024-1115