$220,000
SOLD JUN 6, 2022 RENTED AUG 5, 2024

340 Springlake Ln Unit D Aurora, IL 60504

Fox Valley Neighborhood
3 Beds
2 Baths
1,189 Sq Ft
$377/mo HOA Fee

Recently Sold

$185 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Landscaped Professionally
  • Mary Lou Cowlishaw Elementary School Rated A
  • Open Floorplan
  • Mature Trees

About This Home

As of June 2022

This spacious condo is in the heart of everything while being on a quiet tree lined street. This 3 bedroom, 2 full bath home is moments away from Fox Valley Mall, Route 59, Eola, I-88 and nearly any shop or restaurant you could ever want. It also feeds into Naperville schools and it can be rented with zero cap. This home has enjoyed a $40,000 renovation. The electrical got a complete upgrade with new switches in each room, can lights in the family room, a ceiling fan in each bedroom and the family room and farmhouse style accents throughout. The entire shared space has a beautiful new floor that compliments the custom shiplap wall that continues through to the front of the stairs. Be sure to check out the walk in closet in the primary bedroom as well! The crown jewel of this home is the one of a kind kitchen. After removing the walls, a wrap around breakfast bar opens up the kitchen to the dining room and living room. The quartz countertops now extend through the kitchen to the dining room where they house extra large drawers for serving platters and storage for your white and red wines. The storage has been increased in this home to permit a pantry, a showcase cabinet and even a dedicated spice rack right next to the stove. All of the updates have completed in 2022. Also included is your own large storage unit with shelving and an attached garage spot. Be sure to also note the plenty of guest parking to invite your friends and family to show off your new home! Be sure to schedule your showing today!

Last Agent to Sell the Property

John McGleam

john greene, Realtor License #475176357 Listed on: 05/06/2022

john greene, Realtor

Last Buyer's Agent

Naveenasree Ganesan

john greene, Realtor License #475199851

john greene, Realtor

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,021

Year Built

  • Built in 1979

Lot Details

  • Back to Public Ground
  • Backs to Open Ground
  • Landscaped Professionally
  • Mature Trees
  • Wooded Lot
  • Backs to Trees or Woods
  • Zero Lot Line

HOA Fees

  • $377 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,189 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Blinds
  • Family Room with Fireplace
  • Dining Room
  • Water Views
  • Intercom

Kitchen

  • Gas Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Balcony
  • Exterior Lighting

Schools

  • Cowlishaw Elementary School
  • Hill Middle School
  • Metea Valley High School

Utilities

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

Community Details

Overview

  • Association fees include water, parking, insurance, pool, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Low-Rise Condominium
  • Springlake Subdivision

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool
  • Park
  • Trails

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,021

Year Built

Built in 1979

Lot Details

0

HOA Fees

$377 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories)
  • Subdivision Name: Springlake
  • 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 Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Intercom, Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter, Masonry
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Walk-In Closet(s), Open Floorplan, Some Carpeting, Some Window Treatmnt, Dining Combo, Drapes/Blinds, Some Wall-To-Wall Cp
  • LivingArea: 1189
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1189
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Door Features: French Doors,Panel Door(s),6 Panel Door(s),Sliding Glass Door(s)
  • Window Features: All

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • List Price: 225000
  • Lot Features: Common Grounds, Corner Lot, Landscaped, Pond(s), Water View, Wooded, Mature Trees, Backs to Public GRND, Backs to Open Grnd, Backs to Trees/Woods, Outdoor Lighting, Views, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(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: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 377
  • Association Amenities: Boat Dock, Storage, Park, Pool, Tennis Court(s), School Bus, Trail(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Cowlishaw Elementary School
  • High School: Metea Valley High School
  • Middle/Junior School: Hill Middle School
  • Middle/Junior School District: 204

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 0
  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: Yes

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 4021.26
  • Tax Year: 2020

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jun 6, 2022
Sold by
Patrick Mcgleam Jr John
Bought by
Kandasamy Manikandaswamy and Ganesan Naveenasree
Seller's Agent
Naveenasree Ganesan
john greene, Realtor
Buyer's Agent
Jennafer Rehak
@properties Christie's International Real Estate
Sold Price
$2,100
Current Estimated Value
$248,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,011
Avg. Annual Appreciation
3.87%
Original Mortgage
$165,000
Outstanding Balance
$158,232
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$89,832

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 31, 2020
Sold by
Colin Rogelio and Colin Sharon
Bought by
Mcgleam John Patrick
Seller's Agent
Wendy Pusczan
Keller Williams Infinity
Buyer's Agent
John McGleam
john greene, Realtor
List Price
$150,000
Sold Price
$137,750
Premium/Discount to List
-$12,250
-8.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.24%
Original Mortgage
$110,200
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2005
Sold by
Household Finance Corp Iii
Bought by
Colin Rogelio and Colin Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 21, 2005
Sold by
Odonnell James and Mortgage Electronic86
Bought by
Household Finance Corp Iii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 31, 2003
Sold by
Boehnke Robert W and Maclean Sara
Bought by
Odonnell James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,700
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2001
Sold by
Daniel Linda R
Bought by
Boehnke Robert W and Maclean Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,400
Interest Rate
7.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2000
Sold by
Wolf Gloriann C
Bought by
Daniel Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,550
Interest Rate
8.24%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 1995
Sold by
Mundy Margaret Ann
Bought by
Wolf Gloria F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
7.9%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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 $220,000 Brower Scott A
Warranty Deed $138,000 Stewart Title
Special Warranty Deed $142,000 First American Title
Sheriffs Deed -- --
Warranty Deed $131,000 --
Warranty Deed $108,000 Law Title Pick Up
Warranty Deed $103,000 --
Warranty Deed $86,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,000 New Conventional
Previous Owner $110,200 New Conventional
Previous Owner $110,900 New Conventional
Previous Owner $113,600 Fannie Mae Freddie Mac
Previous Owner $130,700 Purchase Money Mortgage
Previous Owner $85,400 Unknown
Previous Owner $100,550 FHA
Previous Owner $81,900 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Rented $2,300 0.0% --
07/10/2024 07/10/24 Under Contract -- -- --
06/25/2024 06/25/24 For Rent $2,300 +9.5% --
06/22/2022 06/22/22 Rented $2,100 0.0% --
06/22/2022 06/22/22 For Rent $2,100 0.0% --
06/21/2022 06/21/22 Off Market $2,100 -- --
06/17/2022 06/17/22 Off Market $2,100 -- --
06/15/2022 06/15/22 For Rent $2,100 0.0% --
06/06/2022 06/06/22 Sold $220,000 -2.2% $185 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $225,000 +63.3% $189 / Sq Ft
11/02/2020 11/02/20 Sold $137,750 -8.2% $116 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $150,000 -- $126 / 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
2023 $4,469 $54,990 $7,350 $47,640
2022 $3,569 $48,560 $6,490 $42,070
2021 $3,464 $46,830 $6,260 $40,570
2020 $4,021 $46,830 $6,260 $40,570
2019 $3,891 $44,540 $5,950 $38,590
2018 $3,310 $37,480 $5,010 $32,470
2017 $3,063 $34,000 $4,540 $29,460
2016 $2,846 $30,780 $4,110 $26,670
2015 $2,826 $29,220 $3,900 $25,320
2014 $2,642 $26,520 $3,540 $22,980
2013 $2,613 $26,700 $3,560 $23,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11394393

Midwest Real Estate Data (MRED)

APN: 07-20-406-060