NOT LISTED FOR SALE

2508 Algonquin Rd Unit 12 Rolling Meadows, IL 60008

Busse Woods Neighborhood

Estimated Value: $146,000 - $160,000

2 Beds
1 Bath
1,000 Sq Ft
$151/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $32,000 $32 Per Sq Ft

Est. 373% increase in value since last sale

Current estimated payment $1,334/month

13 Days on Market

About This Home

As of November 2012

This is a beautiful, 2-bedroom, 1-bathroom unit in need of very minor work. Walk into a spacious LR/DR just a few steps away from a nicely-sized kitchen. Enjoy an updated bathroom too! Both bedrooms are spacious with ample closet space. Close to schools, shopping and transportation. Eligible for HomePath Renovation financing! A must see and a great opportunity! Rentals are not allowed.

Last Agent to Sell the Property

Peter Drossos

Peter Drossos Real Estate License #471010251 Listed on: 11/07/2012

Last Buyer's Agent

Philip Defrancesco

Dapper Crown License #471018313

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,795

Year Built

  • 1977

Lot Details

  • 17

HOA Fees

  • $265 per month

Home Design

  • Brick Exterior Construction
  • Frame Construction

Parking

  • Parking Available
  • Parking Included in Price

Utilities

  • Hot Water Heating System
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$2,795

Year Built

1977

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Type Attached: Condo
  • Unit Floor Level: 2
  • Special Features: 20
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Number Of Rooms: 5
  • Bedrooms All Levels: 2
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 14X13
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 13X10
  • Second Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 18X13
  • Living Room Flooring: Carpet
  • Dining Room Level: Main Level
  • Dining Room Size: 9X8
  • Dining Room Flooring: Ceramic Tile
  • Kitchen Level: Main Level
  • Kitchen Size: 9X8
  • Kitchen Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms

Exterior Features

  • Exterior Building Type: Brick, Frame

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Cooling: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 265
  • Assessment Includes: Water, Electric, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Management Company: Coach Light Condominium

Schools

  • 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

Multi Family

  • Total Number Unitsin Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2012
Closed on
Nov 21, 2012
Sold by
Fannie Mae
Bought by
Gonzalez Arijimiro and Montes Maricela
Seller's Agent
Peter Drossos
Peter Drossos Real Estate
Buyer's Agent
Philip Defrancesco
Dapper Crown
List Price
$34,900
Sold Price
$32,000
Premium/Discount to List
-$2,900
-8.31%
Current Estimated Value
$151,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,298
Avg. Annual Appreciation
13.10%

Purchase Details

Listed on
Nov 7, 2012
Closed on
Oct 4, 2012
Sold by
Soto
Bought by
Federal National Mortgage Association
Seller's Agent
Peter Drossos
Peter Drossos Real Estate
Buyer's Agent
Philip Defrancesco
Dapper Crown
List Price
$34,900
Sold Price
$32,000
Premium/Discount to List
-$2,900
-8.31%

Purchase Details

Closed on
Nov 16, 2004
Sold by
Parada Cesar Castillo and Parada Marta R
Bought by
Soto Baltazar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2001
Sold by
Parada Cesar Castillo and Parada Milagro A
Bought by
Parada Cesar Castillo and Parada Marta R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.87%

Purchase Details

Closed on
Oct 23, 1996
Sold by
Solivan Daniel and Solivan Sandra
Bought by
Parada Cesar Castillo and Parada Milagros A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,650
Interest Rate
8.23%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Gonzalez Arijimiro $32,000 None Available
Federal National Mortgage Association -- Attorneys Title Guaranty Fun
Soto Baltazar $95,000 Lawyers Title Insurance Corp
Parada Cesar Castillo -- Stewart Title
Parada Cesar Castillo $58,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soto Baltazar $18,100
Previous Owner Soto Baltazar $75,000
Previous Owner Parada Cesar Castillo $54,000
Previous Owner Parada Cesar Castillo $56,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $32,000 -8.3% $32 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
11/07/2012 11/07/12 For Sale $34,900 -- $35 / 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 $2,795 $9,151 $1,941 $7,210
2023 $3,039 $9,151 $1,941 $7,210
2022 $3,039 $10,399 $1,941 $8,458
2021 $3,041 $9,231 $1,273 $7,958
2020 $2,969 $9,231 $1,273 $7,958
2019 $2,726 $9,420 $1,273 $8,147
2018 $1,457 $4,520 $1,091 $3,429
2017 $1,428 $4,520 $1,091 $3,429
2016 $1,330 $4,520 $1,091 $3,429
2015 $1,859 $5,935 $970 $4,965
2014 $1,815 $5,935 $970 $4,965
2013 $1,772 $5,935 $970 $4,965
Source: Public Records

Agents Affiliated with this Home

  • Peter Drossos

    Seller's Agent in 2012

    Peter Drossos

    Peter Drossos Real Estate

    (773) 593-5626

    1 in this area

    186 Total Sales

    Peter Drossos
    Section Image
  • Philip Defrancesco

    Buyer's Agent in 2012

    Philip Defrancesco

    Dapper Crown

    (630) 330-0313

    199 Total Sales

    Philip Defrancesco
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08217874

Midwest Real Estate Data (MRED)

APN: 08-08-106-024-1214

Illinois Cook County Rolling Meadows 60008 Busse Woods

2508 Algonquin Rd Unit 12, Rolling Meadows, IL

This home is located at 2508 Algonquin Rd Unit 12, Rolling Meadows, IL 60008 since 07 November 2012 and is currently estimated at $151,298, approximately $151 per square foot. This property was built in 1977. 2508 Algonquin Rd Unit 12 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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