NOT LISTED FOR SALE

487 Mchenry Rd Unit 1B Wheeling, IL 60090

Estimated Value: $138,000 - $185,000

1 Bed
1 Bath
675 Sq Ft
$231/mo HOA Fee

Last Sold June 15, 2016

Last sale price $53,000 $79 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $1,319/month

39 Days on Market

About This Home

As of June 2016

Very nice one bedroom unit. Newer carpet, newer paint. good location. will not last long. Why you rent if you can own it. Best price in the town now! Washer and dryer in the building. CASH & CONVENTIONAL OFFERS

Last Agent to Sell the Property

Qiang Yu

LITS Realty LLC License #471019648 Listed on: 04/11/2016

Last Buyer's Agent

Hank Fatoorehchi

Realty Executives Advance License #471006910

Realty Executives Advance

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,973

Year Built

  • 1977

Lot Details

  • 1.84

HOA Fees

  • $231 per month

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Parking Included in Price

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,973

Year Built

1977

Lot Details

0

HOA Fees

$231 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1977
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Number Of Rooms: 3
  • Living Room: Dimensions: 14X13, On Level: Main Level
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level
  • Additional Rooms: Pantry
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level
  • Additional Room 1 Name: Pantry, Dimensions: 10X8, On Level: Main Level
  • Estimated Sq Ft: 675

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Patio

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 40
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Water, Gas, Parking, Exterior Maintenance, Lawn Care, Snow Removal
  • Special Assessments: U
  • Assessment Association Fees: 231

Schools

  • School District: 214
  • Elementary School: BOOTH TARKINGTON ELEMENTARY SCHO
  • Middle School: JACK LONDON MIDDLE SCHOOL
  • High School: BUFFALO GROVE HIGH SCHOOL
  • Junior High Dist: 21

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 03034000561002

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 2

Tax Info

  • Taxes: 555.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2022
Sold by
Sarrafi Khashayar and Sarrafi Y
Bought by
Sarrafi Yadi and Rokni Fattaneh
Current Estimated Value
$157,947

Purchase Details

Closed on
Oct 22, 2019
Sold by
Rokni Fattaneh and Sarrafi Yadi
Bought by
Sarrafi Khashayar

Purchase Details

Closed on
Mar 5, 2019
Sold by
Rokni Fattaneh
Bought by
Rokni Fattaneh and Sarrafi Yadi

Purchase Details

Closed on
May 31, 2018
Sold by
Sarrafi Yadi
Bought by
Rokni Fattaneh

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 15, 2016
Sold by
Chen Shunshao and Zhan Ling
Bought by
Sarrafi Yadi
Seller's Agent
Qiang Yu
LITS Realty LLC
Buyer's Agent
Hank Fatoorehchi
Realty Executives Advance
List Price
$58,000
Sold Price
$53,000
Premium/Discount to List
-$5,000
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%

Purchase Details

Closed on
May 20, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Zhan Ling and Chen Shunshao

Purchase Details

Closed on
Feb 16, 2011
Sold by
Cornejo John Paul
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 14, 2004
Sold by
Mapes Laura
Bought by
Cornejo John Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,920
Interest Rate
6.28%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sarrafi Yadi -- --
Sarrafi Khashayar -- None Available
Rokni Fattaneh -- Attorneys Title Guaranty
Rokni Fattaneh -- None Available
Sarrafi Yadi $53,000 Stewart Title
Zhan Ling $29,500 Fidelity National Title
Deutsche Bank National Trust Company -- None Available
Cornejo John Paul $105,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cornejo John Paul $83,920
Closed Cornejo John Paul $20,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $53,000 -8.6% $79 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $58,000 -- $86 / 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 $2,973 $8,872 $1,311 $7,561
2023 $2,835 $8,872 $1,311 $7,561
2022 $2,835 $8,872 $1,311 $7,561
2021 $2,395 $6,464 $349 $6,115
2020 $2,333 $6,464 $349 $6,115
2019 $2,370 $7,234 $349 $6,885
2018 $1,878 $5,146 $305 $4,841
2017 $1,840 $5,146 $305 $4,841
2016 $884 $5,146 $305 $4,841
2015 $334 $3,560 $742 $2,818
2014 $345 $3,560 $742 $2,818
2013 $299 $3,560 $742 $2,818
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09191183

Midwest Real Estate Data (MRED)

APN: 03-03-400-056-1002