NOT LISTED FOR SALE

3182 Teal Bay Ct Unit 511 Aurora, IL 60503

Far Southeast Neighborhood

Estimated Value: $287,000 - $301,000

2 Beds
2.5 Baths
1,567 Sq Ft
$252/mo HOA Fee

Last Sold August 27, 2021

Last sale price $220,000 $140 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,294/month

9 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Corner Lot
  • Homestead Elementary School Rated A-
  • End Unit
  • 3-minute walk to Harbor Springs Park

About This Home

As of August 2021

This recently updated end-unit townhome receives abundant sunlight from 3 sides and overlooks massive green space. The vaulted ceilings on the main level give it a flair for drama and a very spacious feel. Recent updates include newer paint, new light fixtures, stainless appliances, H2O heater, and luxurious and durable laminate flooring. The main level includes: a large open concept living space, dining area, and kitchen that flow nicely; a master suite with a full en-suite bath; and an additional bedroom and a hall bath. The finished English basement has a massive family room and a full bathroom so this space can be used for anything your lifestyle prefers. The 2 car attached garage seals the deal. This townhome checks all the boxes.

Last Agent to Sell the Property

Maria Jackson

Fathom Realty IL LLC License #475170614 Listed on: 06/25/2021

Fathom Realty IL LLC

Last Buyer's Agent

Anna Kunneth

john greene, Realtor License #475196210

john greene, Realtor

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,846

Year Built

  • Built in 1998

Lot Details

  • End Unit
  • Cul-De-Sac

HOA Fees

  • $252 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,567 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Blinds
  • Six Panel Doors
  • Combination Dining and Living Room
  • Partially Carpeted

Kitchen

  • Gas Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Home Security

Outdoor Features

  • Balcony
  • Porch

Schools

  • Homestead Elementary School
  • Bednarcik Junior High School
  • Oswego High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, snow removal
  • 6 Units
  • Association Phone (708) 398-1800
  • Coves Of Harbor Springs Subdivision, Alexander Floorplan
  • Property managed by EPI

Recreation

  • Park

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,846

Year Built

Built in 1998

Lot Details

0

HOA Fees

$252 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Coves of Harbor Springs
  • Year Built: 1998
  • Age: 21-25 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
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Oven
  • Basement: English
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Open Floorplan, Some Carpeting, Drapes/Blinds
  • LivingArea: 1567
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Rec/Family Area
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: 6 Panel Door(s)
  • Window Features: Blinds

Exterior Features

  • ExteriorFeatures: Balcony, Porch, Storms/Screens, End Unit
  • List Price: 220000
  • Lot Features: Common Grounds, Corner Lot, Cul-De-Sac
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Shakes,Stone

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • 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: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 252
  • Association Amenities: Park
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: EPI
  • Management Contact Name: N/A
  • Management Phone: 708-398-1800

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Snow Removal, Other

Schools

  • Elementary School: Homestead Elementary School
  • High School: Oswego High School
  • Middle/Junior School: Bednarcik Junior High School
  • Middle/Junior School District: 308

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4846
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 27, 2021
Sold by
Velasquez Joseph and 3182 Teal Bay Court Land Trust
Bought by
Panicker Miriam A and Alexander Jacob E
Seller's Agent
Maria Jackson
Fathom Realty IL LLC
Buyer's Agent
Anna Kunneth
john greene, Realtor
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Current Estimated Value
$294,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,458
Avg. Annual Appreciation
6.70%
Original Mortgage
$209,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2018
Sold by
Velasquez Joseph
Bought by
Velasquez Joseph and 3182 Teal Bay Court Land Trust

Purchase Details

Closed on
May 25, 2007
Sold by
Linne Lisa M and Carney Lisa M
Bought by
Velasquez Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,900
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2003
Sold by
Shaff James E
Bought by
Carney Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2000
Sold by
Pulte Home Corp
Bought by
Shaff James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
8.18%
Mortgage Type
FHA
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
Panicker Miriam A $220,000 Citywide Title Corporation
Velasquez Joseph -- Attorney
Velasquez Joseph $190,000 Ticor Title
Carney Lisa M $156,000 Chicago Title Insurance Co
Shaff James E $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Panicker Miriam A $209,000
Previous Owner Velasquez Joseph $189,900
Previous Owner Carney Lisa M $124,800
Previous Owner Shaff James E $129,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $220,000 -2.2% $140 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $225,000 -- $144 / 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 $5,770 $74,203 $11,241 $62,962
2023 $5,770 $65,550 $9,930 $55,620
2022 $5,113 $57,383 $9,393 $47,990
2021 $5,068 $54,651 $8,946 $45,705
2020 $4,847 $53,785 $8,804 $44,981
2019 $4,889 $52,269 $8,556 $43,713
2018 $4,217 $44,548 $8,368 $36,180
2017 $4,138 $43,398 $8,152 $35,246
2016 $4,140 $42,464 $7,977 $34,487
2015 $3,544 $40,831 $7,670 $33,161
2014 $3,544 $33,010 $7,670 $25,340
2013 $3,544 $33,010 $7,670 $25,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11136754

Midwest Real Estate Data (MRED)

APN: 07-01-05-104-043-1001