$108,979
SOLD JUL 15, 2014

388 Pierce Ct Unit 275 Vernon Hills, IL 60061

3 Beds
1 Bath
1,200 Sq Ft
44 Sq Ft Lot

Recently Sold

$91 Per Sq Ft

7% Above List Price

16 Days on Market

Highlights

  • Attached Garage
  • Hawthorn Townline Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

REO - BANK OWNED.PROPERTY SOLD "AS IS" WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE. "SELLER WILL NOT ACTIVATE ANY UTILTIES" Listing Broker & Seller assume no responsibility & make no guarantees/warranties or representations as to the availability or accuracy of the property information, photographs or other information depicted/described herein.. CASH & CONVENTIONAL OFFERS

Last Agent to Sell the Property

Cheryl Rabin

Realhome Services & Solutions, Inc. License #471002039 Listed on: 06/04/2014

Last Buyer's Agent

Emad Rostom

IMB Realty, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,546

Year Built

  • 1978

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Aluminum Siding

Utilities

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,546

Year Built

1978

Lot Details

0

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1978
  • Type Attached: Townhouse-2 Story
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X15, On Level: Main Level
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X15, On Level: Main Level
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level
  • Bedroom 3: Dimensions: 12X12, On Level: Main Level
  • Estimated Sq Ft: 1200

Exterior Features

  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pet Information: No Pets
  • Special Assessments: U
  • Management Contact Name: NO HOA
  • Management Phone: 000-000-0000X0000

Fee Information

  • Management Company: NO HOA

Schools

  • School District: 128
  • Junior High Dist: 73

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 11324070780000

Multi Family

  • Total Number Unitsin Building: 1
  • Number Stories: 2

Tax Info

  • Taxes: 3541.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Dec 11, 2024
Sold by
Rostom Maged Rasmy Abd Elmaek
Bought by
Kucmierz Monika Irena
Seller's Agent
Misael Chacon
Beycome brokerage realty LLC
Buyer's Agent
Oskar Wiatr
Hometown Real Estate
List Price
$298,500
Sold Price
$283,500
Premium/Discount to List
-$15,000
-5.03%
Views
97
Current Estimated Value
$284,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,485
Avg. Annual Appreciation
0.79%
Original Mortgage
$226,800
Outstanding Balance
$225,169
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$59,816

Purchase Details

Listed on
Jun 4, 2014
Closed on
Jul 2, 2014
Sold by
Hsbc Bank Usa National Association
Bought by
Rostom Maged Rasmy Abd Elmalek
Seller's Agent
Cheryl Rabin
Realhome Services & Solutions, Inc.
Buyer's Agent
Emad Rostom
IMB Realty, LLC.
List Price
$102,000
Sold Price
$108,979
Premium/Discount to List
$6,979
6.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%

Purchase Details

Closed on
Feb 17, 2014
Sold by
Reyes Maria A and Reyes Humberto
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jul 14, 2006
Sold by
Polupan Ivan and Polupan Lyudmyla
Bought by
Reyes Huberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,400
Interest Rate
6.73%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 17, 2003
Sold by
Karas Daniel J and Karas Joanne L
Bought by
Polupan Ivan and Polupan Lyudmyla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,400
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2001
Sold by
Stewart Tom K and Stewart Joyce
Bought by
Karas Daniel J and Karas Joanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2000
Sold by
Young Virginia H
Bought by
Stewart Tom K and Stewart Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 1997
Sold by
Norman Gregory T and Norman Michelle A
Bought by
Young Virginia H
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 Type Sale Price Title Company
Warranty Deed $283,500 Chicago Title
Warranty Deed $283,500 Chicago Title
Special Warranty Deed $104,000 None Available
Sheriffs Deed -- None Available
Warranty Deed $187,000 Republic Title Company
Warranty Deed $172,000 St
Warranty Deed $135,000 Chicago Title Insurance Co
Warranty Deed $107,500 --
Warranty Deed $107,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $226,800 New Conventional
Closed $226,800 New Conventional
Previous Owner $37,400 Stand Alone Second
Previous Owner $149,600 Purchase Money Mortgage
Previous Owner $162,000 Unknown
Previous Owner $163,400 Purchase Money Mortgage
Previous Owner $129,600 Unknown
Previous Owner $108,000 Purchase Money Mortgage
Previous Owner $96,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $283,500 -2.1% $236 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
10/22/2024 10/22/24 Price Changed $289,500 -3.0% $241 / Sq Ft
10/03/2024 10/03/24 For Sale $298,500 +173.9% $249 / Sq Ft
07/15/2014 07/15/14 Sold $108,979 +43.4% $91 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
06/20/2014 06/20/14 Price Changed $76,000 -30.3% $63 / Sq Ft
06/04/2014 06/04/14 Off Market $108,979 -- --
06/04/2014 06/04/14 For Sale $102,000 -- $85 / 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 $6,546 $75,955 $25,980 $49,975
2023 $5,529 $70,056 $23,962 $46,094
2022 $5,529 $59,230 $23,033 $36,197
2021 $5,297 $57,955 $22,537 $35,418
2020 $5,109 $56,981 $22,158 $34,823
2019 $4,979 $56,439 $21,947 $34,492
2018 $4,111 $47,347 $21,857 $25,490
2017 $4,051 $45,852 $21,167 $24,685
2016 $3,896 $43,474 $20,069 $23,405
2015 $3,852 $40,634 $18,758 $21,876
2014 $3,433 $40,400 $18,506 $21,894
2012 $3,542 $41,672 $18,667 $23,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08634157

Midwest Real Estate Data (MRED)

APN: 11-32-407-078