$75,000
SOLD DEC 21, 2015

322 N Airlite St Unit 322 Elgin, IL 60123

2 Beds
2 Baths
1,378 Sq Ft
$230/mo HOA Fee

Recently Sold

$54 Per Sq Ft

17% Below List Price

62 Days on Market

Highlights

  • End Unit
  • Breakfast Bar
  • Forced Air Heating and Cooling System
  • Galley Kitchen
  • Patio

About This Home

As of January 2019

This is a 2 Bedroom 1.1 Bath Town home with good room sizes and has 1,440SF, all appliances including washer/dryer. More modern kitchen, hardwood floors throughout first floor. Location, Location, Location, Only 3/4 of a mile from Randall Rd., Close to shopping, Tollway and More.

Last Agent to Sell the Property

Sharon Glasshof

GC Realty and Development Listed on: 10/02/2015

Last Buyer's Agent

Latasha Chedda

@properties Christie's International Real Estate License #475160158

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,680

Year Built

  • 1985

HOA Fees

  • $230 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Oven or Range

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

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

Additional Features

  • Crawl Space
  • Patio
  • End Unit

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,680

Year Built

1985

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 26-30 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1985
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1985

Interior Features

  • Interior Property Features: Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 21X15, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Equipment: TV-Cable
  • Basement: Crawl
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 15X8, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Kitchen Type: Eating Area-Table Space, Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1378
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens, End Unit

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Unassigned, Off Street
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 230
  • Management Contact Name: reception
  • Management Phone: 815-459-9187

Fee Information

  • Management Company: NW Property Management

Schools

  • School District: 46
  • High School: LARKIN HIGH SCHOOL
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 0616201006

Multi Family

  • Total Number Unitsin Building: 5
  • Number Stories: 2

Tax Info

  • Taxes: 2309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2018
Closed on
Jan 17, 2019
Sold by
Li Lina and Zhao Xin
Bought by
Ayoub Maher
Seller's Agent
Lina Li
Suburban Life Realty, Ltd
Buyer's Agent
Benjamin Hickman
RE/MAX Plaza
List Price
$125,000
Sold Price
$108,000
Premium/Discount to List
-$17,000
-13.6%
Current Estimated Value
$226,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,960
Avg. Annual Appreciation
11.61%

Purchase Details

Listed on
Oct 2, 2015
Closed on
Dec 21, 2015
Sold by
Rueschew Brad
Bought by
Zhao Xin and Li Lina
Seller's Agent
Sharon Glasshof
GC Realty and Development
Buyer's Agent
Latasha Chedda
@properties Christie's International Real Estate
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%

Purchase Details

Closed on
May 24, 2007
Sold by
Csi Randall Trail Llc
Bought by
Rueschaw Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $108,000 Chicago Title
Warranty Deed $75,000 Attorney
Special Warranty Deed $147,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,000 Purchase Money Mortgage
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2019 01/17/19 Sold $108,000 -4.0% $78 / Sq Ft
01/05/2019 01/05/19 Pending -- -- --
12/26/2018 12/26/18 Price Changed $112,500 -2.6% $82 / Sq Ft
12/10/2018 12/10/18 Price Changed $115,500 -7.6% $84 / Sq Ft
11/25/2018 11/25/18 For Sale $125,000 +4.6% $91 / Sq Ft
11/25/2018 11/25/18 Price Changed $119,500 +10.6% $87 / Sq Ft
11/10/2018 11/10/18 Off Market $108,000 -- --
10/25/2018 10/25/18 For Sale $125,000 +66.7% $91 / Sq Ft
12/21/2015 12/21/15 Sold $75,000 -16.6% $54 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
11/30/2015 11/30/15 For Sale $89,900 0.0% $65 / Sq Ft
11/27/2015 11/27/15 Pending -- -- --
11/06/2015 11/06/15 For Sale $89,900 0.0% $65 / Sq Ft
10/27/2015 10/27/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $89,900 0.0% $65 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
10/22/2015 10/22/15 Price Changed $89,900 -5.7% $65 / Sq Ft
10/02/2015 10/02/15 For Sale $95,322 -- $69 / 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 $2,680 $41,493 $12,780 $28,713
2023 $2,514 $37,486 $11,546 $25,940
2022 $2,444 $34,181 $10,528 $23,653
2021 $2,316 $31,957 $9,843 $22,114
2020 $2,235 $30,508 $9,397 $21,111
2019 $2,714 $29,061 $8,951 $20,110
2018 $2,707 $27,377 $8,432 $18,945
2017 $2,662 $25,881 $7,971 $17,910
2016 $2,561 $24,011 $7,395 $16,616
2015 -- $22,008 $6,778 $15,230
2014 -- $24,391 $6,694 $17,697
2013 -- $27,280 $6,871 $20,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09054860

Midwest Real Estate Data (MRED)

APN: 06-16-201-018