NOT LISTED FOR SALE

506 Westchester Rd Unit 127 Schaumburg, IL 60193

South Schaumburg Neighborhood

Estimated Value: $249,000 - $254,000

2 Beds
1 Bath
1,100 Sq Ft
$146/mo HOA Fee

Last Sold August 19, 2013

Last sale price $100,000 $91 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,815/month

7 Days on Market

Highlights

  • Galley Kitchen
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Michael Collins Elementary School Rated A-

About This Home

As of August 2013

Great Subdivision~Parks Nearby~Mature Landscaping~Private Entrance~Updated Large Eat In Kitchen~Great Size Master Bedroom w/ Walk In~Washer & Dryer In Unit~Association Upgrades 2012 New Sidewalks, Street Resurfacing. This is a Fannie Mae Home Path Property. Approved for Home Path Mortgage Financing. Purchase for as little as 3% down!

Last Agent to Sell the Property

Gloria Tomaras

GMC Realty LTD License #475117730 Listed on: 05/17/2013

Last Buyer's Agent

Cindy Bowen

REMAX Legends License #471005956

REMAX Legends

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,547

Year Built

  • 1979

Lot Details

  • 1.58

HOA Fees

  • $146 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Cedar

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,547

Year Built

1979

Lot Details

0

HOA Fees

$146 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Type Attached: Townhouse-Ranch
  • Unit Floor Level: 2
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1979

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X13, On Level: 2nd Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Washer, Dryer
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X9, On Level: 2nd Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 11X9, On Level: 2nd Level, Flooring: Other
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1100
  • Dining Room Type: L-shaped

Exterior Features

  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 146
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: Yes

Fee Information

  • Management Company: Village of Summit Place HOA

Schools

  • School District: 211
  • Elementary School: MICHAEL COLLINS ELEMENTARY SCHOO
  • Middle School: ROBERT FROST JUNIOR HIGH SCHOOL
  • High School: J B CONANT HIGH SCHOOL
  • Junior High Dist: 54

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 20
  • Number Stories: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2015
Sold by
Vieu Nathan S and Vieu Amanda M
Bought by
Wilberschied James and Nunez Jennifer
Current Estimated Value
$251,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Outstanding Balance
$87,250
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$170,724

Purchase Details

Listed on
May 17, 2013
Closed on
Jul 12, 2013
Sold by
Fannie Mae
Bought by
Vieu Nathan S and Vieu Amanda M
Seller's Agent
Gloria Tomaras
GMC Realty LTD
Buyer's Agent
Cindy Bowen
REMAX Legends
List Price
$108,500
Sold Price
$100,000
Premium/Discount to List
-$8,500
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$98,188
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 2013
Sold by
Rodriguez
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 26, 2007
Sold by
Morgan Kevin E
Bought by
Rodriguez Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 3, 1995
Sold by
Bulmahn Frederick W and Bulmahn Jeannie L
Bought by
Morgan Kevin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
8.79%
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
Wilberschied James $133,000 First American Title
Vieu Nathan S $100,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Rodriguez Eduardo $166,500 Premier Title
Morgan Kevin E $89,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilberschied James $106,400
Closed Wilberschied James $7,500
Previous Owner Vieu Nathan S $98,188
Previous Owner Rodriguez Eduardo $166,500
Previous Owner Morgan Kevin E $58,000
Previous Owner Morgan Kevin E $80,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2013 08/19/13 Sold $100,000 -7.8% $91 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $108,500 -- $99 / 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 $3,547 $15,981 $3,440 $12,541
2023 $3,411 $15,981 $3,440 $12,541
2022 $3,411 $15,981 $3,440 $12,541
2021 $2,912 $12,939 $1,876 $11,063
2020 $2,930 $12,939 $1,876 $11,063
2019 $2,934 $14,377 $1,876 $12,501
2018 $2,416 $11,487 $1,563 $9,924
2017 $2,396 $11,487 $1,563 $9,924
2016 $2,483 $11,487 $1,563 $9,924
2015 $2,304 $10,325 $1,407 $8,918
2014 $3,055 $10,325 $1,407 $8,918
2013 $2,977 $10,325 $1,407 $8,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08346490

Midwest Real Estate Data (MRED)

APN: 07-26-307-025-1016