NOT LISTED FOR SALE

317 Cherrywood Ct Unit 317 Vernon Hills, IL 60061

Estimated Value: $219,000 - $241,000

2 Beds
1 Bath
1,034 Sq Ft
$283/mo HOA Fee

Last Sold August 26, 2021

Last sale price $149,000 $144 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,890/month

41 Days on Market

Highlights

  • Water Views
  • Penthouse
  • Pond
  • Hawthorn Elementary School South Rated A
  • Property is near a park
  • Vaulted Ceiling

About This Home

As of August 2021

SELLER WILL PAY $3,000 in BUYERS CLOSING COSTS. Quite location on cul-de-sac/dead end street. Private entrance to one level spacious condo with attached garage. Brand NEW carpeting throughout. Open floor plan with large windows with blinds. Comfortable living room with ceiling fan. Formal dining area with sliders to balcony with great views of a pond and park. Bright kitchen. Updated ceramic tile shared bath. Master bedroom with large walk-in closet. Laundry room with full size washer and dryer. Updated light fixtures. Central air. Attached garage with storage. Vernon Hills school district. Close to shopping, restaurants and expressways.

Last Agent to Sell the Property

Anna Klarck

AK Homes License #471018704 Listed on: 06/03/2021

Last Buyer's Agent

Anna Schreck

Berkshire Hathaway HomeServices Chicago License #475156113

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,100

Year Built

  • Built in 1979

Lot Details

  • 3,615

HOA Fees

  • $283 Monthly HOA Fees

Parking

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

Home Design

  • Penthouse
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,034 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Blinds
  • Window Screens
  • Sliding Doors
  • Storage
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Pond
  • Balcony

Location

  • Property is near a park

Schools

  • Hawthorn Elementary School (Sout
  • Hawthorn Middle School South
  • Vernon Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include water, insurance, pool, lawn care, snow removal
  • 4 Units
  • Association Phone (847) 806-6121
  • Westwood Subdivision
  • Property managed by Poperty Specialists

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,100

Year Built

Built in 1979

Lot Details

0

HOA Fees

$283 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Quad-Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Quad-Penthouse
  • Subdivision Name: Westwood
  • Year Built: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 1034
  • Other Equipment: TV-Cable, CO Detectors
  • Room Type: Walk In Closet
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Sliding Doors
  • Window Features: Blinds,Screens

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 159000
  • Lot Features: Park Adjacent, Pond(s), Water View
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Steel Siding,Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Association Fee: 283
  • Association Amenities: Pool
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Poperty Specialists
  • Management Contact Name: UNK
  • Management Phone: 847-806-6121

Fee Information

  • Association Fee Includes: Water, Insurance, Pool, Lawn Care, Snow Removal

Schools

  • Elementary School: Hawthorn Elementary School (Sout
  • High School: Vernon Hills High School
  • Middle/Junior School: Hawthorn Middle School South
  • Middle/Junior School District: 73

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: 4100.06
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Aug 18, 2021
Sold by
Chiu Gordon W
Bought by
Schreck Katelyn M
Seller's Agent
Anna Klarck
AK Homes
Buyer's Agent
Anna Schreck
Berkshire Hathaway HomeServices Chicago
List Price
$167,000
Sold Price
$149,000
Premium/Discount to List
-$18,000
-10.78%
Current Estimated Value
$234,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,007
Avg. Annual Appreciation
11.43%
Original Mortgage
$141,550
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2015
Closed on
Jun 16, 2015
Sold by
Rollery Rollery Dino Dino and Rollery Massie Gina L
Bought by
Chiu Gordon W
Seller's Agent
Joy Jacoby
RE/MAX Suburban
Buyer's Agent
Kobra Hall
Fulton Grace Realty
List Price
$129,000
Sold Price
$114,000
Premium/Discount to List
-$15,000
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$85,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Schreck Katelyn M $149,000 First American Title
Chiu Gordon W $114,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schreck Katelyn M $141,550
Previous Owner Chiu Gordon W $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2021 08/26/21 Sold $149,000 -10.8% $144 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $167,000 +46.5% $162 / Sq Ft
06/15/2015 06/15/15 Sold $114,000 -8.7% $110 / Sq Ft View Prior Sale
04/08/2015 04/08/15 Pending -- -- --
03/02/2015 03/02/15 Price Changed $124,900 -3.2% $121 / Sq Ft
02/10/2015 02/10/15 For Sale $129,000 0.0% $125 / Sq Ft
01/30/2015 01/30/15 Pending -- -- --
01/18/2015 01/18/15 For Sale $129,000 -- $125 / 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 $4,555 $59,409 $15,103 $44,306
2023 $4,301 $48,745 $12,392 $36,353
2022 $4,301 $46,244 $11,756 $34,488
2021 $4,165 $45,745 $11,629 $34,116
2020 $4,100 $45,901 $11,669 $34,232
2019 $4,020 $45,732 $11,626 $34,106
2018 $3,185 $36,629 $11,282 $25,347
2017 $3,152 $35,774 $11,019 $24,755
2016 $3,063 $34,257 $10,552 $23,705
2015 $3,030 $32,037 $9,868 $22,169
2014 -- $31,051 $10,599 $20,452
2012 $2,906 $31,113 $10,620 $20,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11109650

Midwest Real Estate Data (MRED)

APN: 15-05-428-056