$133,000
SOLD NOV 19, 2015

506 Westchester Rd Unit 506 Schaumburg, IL 60193

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

Recently Sold

$121 Per Sq Ft

5% Below List Price

9 Days on Market

Highlights

  • End Unit
  • Balcony
  • Breakfast Bar
  • Michael Collins Elementary School Rated A-
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

Fabulous Schaumburg Condo. Great Subdivision. End unit with private entrance and attached garage. Wonderful living dining area with newer wood laminate flooring. Recently painted. Updated large eat in kitchen. Good size master bedroom with walk in closet. Washer & Dryer in unit. Association Upgrades 2012 New Sidewalks, Street Resurfacing. Low association fees and FHA approved. This is great place to call home. Wonderful 54/211 school district.

Last Agent to Sell the Property

Cindy Bowen

REMAX Legends License #471005956 Listed on: 09/11/2015

REMAX Legends

Last Buyer's Agent

Stacey Harris

Brokerocity Inc License #475134462

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,547

Year Built

  • 1979

Lot Details

  • End Unit
  • Southern Exposure

HOA Fees

  • $146 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Laminate Flooring
  • Balcony

Listing and Financial Details

  • $1,500 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

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
  • Unit Floor Level: 2
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1979
  • Type Attached: Condo, Quad-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1979

Interior Features

  • Interior Property Features: Wood Laminate Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X13, On Level: 2nd Level, Flooring: Wood Laminate, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X9, On Level: 2nd Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 11X9, On Level: 2nd Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • 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

  • Foundation: Concrete
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Storms/Screens, End Unit
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

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
  • Management: Manager On-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 146
  • Management Contact Name: Rae Lee Riggs
  • Management Phone: 847-363-3648

Fee Information

  • Management Company: Village of Summit Place

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
  • Parcel Identification Number: 07263070251016

Multi Family

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

Tax Info

  • Taxes: 3055.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2015
Closed on
Nov 19, 2015
Sold by
Vieu Nathan S and Vieu Amanda M
Bought by
Wilberschied James and Nunez Jennifer
Seller's Agent
Cindy Bowen
REMAX Legends
Buyer's Agent
Stacey Harris
Brokerocity Inc
List Price
$139,900
Sold Price
$133,000
Premium/Discount to List
-$6,900
-4.93%
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.
Estimated Appreciation
$118,946
Avg. Annual Appreciation
6.99%
Original Mortgage
$106,400
Outstanding Balance
$87,250
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$170,724

Purchase Details

Closed on
Jul 12, 2013
Sold by
Fannie Mae
Bought by
Vieu Nathan S and Vieu Amanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

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Range of Values:

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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 $133,000 First American Title
Special Warranty Deed $100,000 Attorneys Title Guaranty Fun
Sheriffs Deed -- None Available
Warranty Deed $166,500 Premier Title
Warranty Deed $89,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $106,400 New Conventional
Closed $7,500 Stand Alone Second
Previous Owner $98,188 FHA
Previous Owner $166,500 Unknown
Previous Owner $58,000 Unknown
Previous Owner $80,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $220,000 +2.3% $200 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $214,990 +61.6% $195 / Sq Ft
11/19/2015 11/19/15 Sold $133,000 -4.9% $121 / Sq Ft
09/20/2015 09/20/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $139,900 -- $127 / 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: MRD09035929

Midwest Real Estate Data (MRED)

APN: 07-26-307-025-1016