NOT LISTED FOR SALE

407 N Charles St Unit 407 Cortland, IL 60112

Estimated Value: $210,000 - $227,000

3 Beds
2 Baths
1,280 Sq Ft
$120/mo HOA Fee

Last Sold May 19, 2018

Last sale price $118,000 $92 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,648/month

5 Days on Market

Highlights

  • Formal Dining Room
  • Laundry Room
  • Bathroom on Main Level
  • 2 Car Attached Garage
  • Storage
  • Forced Air Heating and Cooling System

About This Home

As of May 2018

Spacious 3 bedroom, 2 bath townhome. Living room with corner gas fireplace. Kitchen with all appliances + separate eating area with sliders to cozy deck. 2nd floor features laundry room, two spacious bedrooms, both having access to a full bath. Master bedroom offers huge walk in closet, 2 car garage with storage & utility closets. 3rd bedroom in finished lower level. Easy access to I-88, NIU & shopping, restaurants. Flooring in living room & eating area will be replaced prior to closing or $1,500 credit can be given.

Last Agent to Sell the Property

Cheri Moyers

Elm Street REALTORS License #4751411035 Listed on: 03/02/2018

Last Buyer's Agent

Diane Morales

HomeSmart Connect LLC License #475139946

HomeSmart Connect LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,411

Year Built

  • Built in 2006

Lot Details

  • 6,534

HOA Fees

  • $120 Monthly HOA Fees

Parking

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

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer Hookup

Home Security

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 insurance, exterior maintenance, lawn care, snow removal
  • 7 Units
  • HOA Asssociate Association, Phone Number (815) 787-7368
  • Property managed by Townsend Management

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,411

Year Built

Built in 2006

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2006
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Second Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1280
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 124500
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 120
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Management Company: Townsend Management
  • Management Contact Name: HOA Asssociate
  • Management Phone: 815-787-7368
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 438

Lot Info

  • Lot Dimensions: 20 X 32
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2411.08
  • Tax Year: 2016
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2018
Closed on
May 18, 2018
Sold by
Turner Anthony J and Turner Katheryn B
Bought by
Novy Joshua R and Novy Deanna L
Seller's Agent
Cheri Moyers
Elm Street REALTORS
Buyer's Agent
Diane Morales
HomeSmart Connect LLC
List Price
$124,500
Sold Price
$118,000
Premium/Discount to List
-$6,500
-5.22%
Current Estimated Value
$219,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,808
Avg. Annual Appreciation
8.75%
Original Mortgage
$118,000
Outstanding Balance
$103,510
Interest Rate
5.25%
Mortgage Type
VA
Estimated Equity
$116,298

Purchase Details

Closed on
Feb 17, 2006
Sold by
Brian Granger Construction Inc
Bought by
Turner Katheryn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,560
Interest Rate
6.3%
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
Novy Joshua R $118,000 None Available
Turner Katheryn B $153,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novy Joshua R $118,000
Previous Owner Turner Katheryn B $149,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2018 05/19/18 Sold $118,000 -5.2% $92 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $124,500 0.0% $97 / Sq Ft
04/06/2016 04/06/16 Rented $1,200 0.0% --
03/01/2016 03/01/16 Off Market $1,200 -- --
02/24/2016 02/24/16 For Rent $1,200 -- --
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 $4,387 $59,225 $5,271 $53,954
2023 $4,387 $46,803 $4,931 $41,872
2022 $4,451 $44,668 $4,706 $39,962
2021 $4,505 $42,529 $4,481 $38,048
2020 $3,857 $41,202 $4,341 $36,861
2019 $3,444 $39,473 $4,159 $35,314
2018 $3,280 $34,655 $3,933 $30,722
2017 $2,554 $27,454 $3,744 $23,710
2016 $2,411 $25,803 $3,519 $22,284
2015 -- $24,231 $3,305 $20,926
2014 -- $23,322 $3,181 $20,141
2013 -- $24,168 $3,296 $20,872
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09872224

Midwest Real Estate Data (MRED)

APN: 09-20-102-063