NOT LISTED FOR SALE

432 King Ave Unit 261 East Dundee, IL 60118

Estimated Value: $251,000 - $270,273

2 Beds
2 Baths
1,327 Sq Ft
$182/mo HOA Fee

Last Sold July 10, 2023

Last sale price $240,000 $181 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,002/month

5 Days on Market

Highlights

  • Property is adjacent to nature preserve
  • 2 Car Attached Garage
  • Patio
  • Corner Lot
  • Breakfast Bar
  • Resident Manager or Management On Site

About This Home

As of July 2023

2 bedroom, 2 bath ranch, end unit condo. The kitchen is open to an eating area and family room. The separate living room dining room combo, walks out to a patio with no one behind and great views. Electric Fireplace included. Dishwasher As/Is, not used in 20 years. No pets or kids have ever lived in the home.

Last Agent to Sell the Property

Bill Spencer

Brokerocity Inc License #475122156 Listed on: 05/18/2023

Last Buyer's Agent

Bill Spencer

Brokerocity Inc License #475122156 Listed on: 05/18/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,879

Year Built

  • Built in 1996

HOA Fees

Parking

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

Home Design

  • Ranch Property
  • Asphalt Roof

Interior Spaces

  • 1,327 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Range
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

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

Schools

  • Parkview Elementary School
  • Carpentersville Middle School
  • Oak Ridge High School

Utilities

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

Additional Features

  • Patio
  • Property is adjacent to nature preserve

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, snow removal
  • 6 Units
  • Manager Association, Phone Number (847) 985-6464
  • Reserve Of East Dundee Subdivision, Bobwhite Floorplan
  • Property managed by The Reserves

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,879

Year Built

Built in 1996

Lot Details

0

HOA Fees

$182 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Ground Level Ranch
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Ground Level Ranch
  • Subdivision Name: Reserve of East Dundee
  • Year Built: 1996
  • Age: 26-30 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1327
  • Other Equipment: Humidifier
  • Room Type: Eating Area
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 249900
  • Lot Features: Corner Lot, Nature Preserve Adjacent
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 2
  • Number of Cars: 4
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 174
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Management Company: The Reserves
  • Management Contact Name: manager
  • Management Phone: 847-985-6464
  • Master Association Fee: 94
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Parkview Elementary School
  • High School: Oak Ridge School
  • Middle/Junior School: Carpentersville Middle School
  • Middle/Junior School District: 300

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 1879.26
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2003
Sold by
Bain Martha A and Bain Martha
Bought by
Bain Martha A and Self Declaration Of Trust Mart
Current Estimated Value
$264,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Outstanding Balance
$37,661
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$226,407

Purchase Details

Closed on
Oct 28, 1998
Sold by
Bain Martha and Bain Martha A
Bought by
Bain Martha A and Self Declaration Trust Of Mart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.9%

Purchase Details

Closed on
Oct 6, 1998
Sold by
Bain Martha and Bain Martha Self Declaration O
Bought by
Bain Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.9%

Purchase Details

Closed on
Oct 1, 1997
Sold by
Bain Martha A
Bought by
Bain Martha A and Self Declaration Trust Of Mart

Purchase Details

Closed on
Jun 19, 1996
Sold by
The Reserve Of East Dundee Ltd Prtnrshp
Bought by
Bain Martha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.07%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Bain Martha A -- --
Bain Martha A -- First American Title
Bain Martha A -- --
Bain Martha -- First American Title Ins Co
Bain Martha A -- --
Bain Martha A $149,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bain Martha A $20,000
Open Bain Martha A $83,700
Closed Bain Martha $88,000
Previous Owner Bain Martha A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $240,000 -4.0% $181 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $249,900 -- $188 / 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 $4,950 $70,903 $8,371 $62,532
2023 $3,973 $63,796 $7,532 $56,264
2022 $1,879 $52,682 $7,532 $45,150
2021 $1,920 $49,743 $7,112 $42,631
2020 $1,922 $48,625 $6,952 $41,673
2019 $1,984 $46,160 $6,600 $39,560
2018 $2,046 $42,517 $6,469 $36,048
2017 $2,086 $39,772 $6,051 $33,721
2016 $2,214 $38,509 $5,859 $32,650
2015 -- $33,851 $5,490 $28,361
2014 -- $32,916 $5,338 $27,578
2013 -- $33,923 $5,501 $28,422
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11785839

Midwest Real Estate Data (MRED)

APN: 03-26-202-033