Seller's Agent in 2013
Jerry Hoffman
Keller Williams Success Realty
(847) 922-8446
74 Total Sales
522 Palace Ct Unit 53 Schaumburg, IL 60194
West Schaumburg NeighborhoodEstimated Value: $236,372 - $274,000
3
Beds
2
Baths
--
Sq Ft
$189/mo
HOA Fee
Highlights
- End Unit
- Den
- Balcony
- Jane Addams Junior High School Rated A
- Walk-In Pantry
- 2-minute walk to Prairie Park
About This Home
As of January 2013Bank approved $68,000. After all that, the internet lender that qualified/approved the buyer missed the mark - by a lot! A short sale opportunity for a 3 bedroom unit w/finished bsmt. Faces large park. 2 bedrooms, laundry and den on second floor. Master bedroom offers a large walk-in closet and dimensions include a 5 x 8 dressing area. Finished bsmt includes a large rec room & 3rd bedroom.
Last Agent to Sell the Property
Keller Williams Success Realty License #471008284 Listed on: 04/15/2010
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,428
Year Built
- 1977
Lot Details
- 18.06
HOA Fees
- $189 per month
Home Design
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Entrance Foyer
- Den
- Storage
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Walk-In Pantry
- Oven or Range
- Dishwasher
- Disposal
Laundry
- Dryer
- Washer
Home Security
Parking
- Parking Available
- Driveway
- Visitor Parking
- Off-Street Parking
- Parking Included in Price
- Assigned Parking
Outdoor Features
- Balcony
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- North or South Exposure
- End Unit
Community Details
Pet Policy
- Pets Allowed
Additional Features
- Common Area
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2010
Closed on
Jan 17, 2013
Sold by
Afzal Umer W and Afzal Zainab Habeeba
Bought by
Manzano Margarita
Seller's Agent
Jerry Hoffman
Keller Williams Success Realty
Buyer's Agent
Hebert Garcia
Realty Executives Advance
List Price
$68,000
Sold Price
$71,000
Premium/Discount to List
$3,000
4.41%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,593
Avg. Annual Appreciation
9.82%
Original Mortgage
$69,714
Outstanding Balance
$50,043
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$181,300
Purchase Details
Closed on
Oct 19, 2006
Sold by
Afzal Mohammad
Bought by
Afzal Umeru
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 5, 2006
Sold by
Porties
Bought by
Afzal Mohammad
Purchase Details
Closed on
Jul 29, 1996
Sold by
Bahel Subodhini Nanda
Bought by
Porties Cayett
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,550
Interest Rate
8.27%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Manzano Margarita | $71,000 | Precision Title | |
| Afzal Umeru | $180,000 | Ticor Title Ins Co 2002 | |
| Afzal Umeru | $180,000 | Ticor Title Ins Co 2002 | |
| Afzal Mohammad | $137,000 | None Available | |
| Porties Cayett | $91,000 | Attorneys Natl Title Network |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Manzano Margarita | $9,093 | |
| Open | Manzano Margarita | $69,714 | |
| Previous Owner | Afzal Umeru | $144,000 | |
| Previous Owner | Porties Cayett | $88,838 | |
| Previous Owner | Porties Cayett | $88,550 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2013 01/17/13 | Sold | $71,000 | +4.4% | -- |
| 10/22/2012 10/22/12 | Pending | -- | -- | -- |
| 09/19/2012 09/19/12 | Price Changed | $68,000 | 0.0% | -- |
| 09/19/2012 09/19/12 | For Sale | $68,000 | -9.3% | -- |
| 06/28/2012 06/28/12 | Pending | -- | -- | -- |
| 06/15/2012 06/15/12 | Price Changed | $75,000 | -25.0% | -- |
| 07/25/2011 07/25/11 | For Sale | $100,000 | 0.0% | -- |
| 06/21/2011 06/21/11 | Pending | -- | -- | -- |
| 04/05/2011 04/05/11 | For Sale | $100,000 | 0.0% | -- |
| 03/19/2011 03/19/11 | Pending | -- | -- | -- |
| 11/17/2010 11/17/10 | Price Changed | $100,000 | -20.0% | -- |
| 10/31/2010 10/31/10 | For Sale | $125,000 | +76.1% | -- |
| 10/31/2010 10/31/10 | Off Market | $71,000 | -- | -- |
| 04/15/2010 04/15/10 | For Sale | $125,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,428 | $15,503 | $2,185 | $13,318 |
| 2023 | $3,301 | $15,503 | $2,185 | $13,318 |
| 2022 | $3,301 | $15,503 | $2,185 | $13,318 |
| 2021 | $2,805 | $12,500 | $3,823 | $8,677 |
| 2020 | $2,835 | $12,500 | $3,823 | $8,677 |
| 2019 | $2,852 | $13,907 | $3,823 | $10,084 |
| 2018 | $1,966 | $9,879 | $3,222 | $6,657 |
| 2017 | $1,948 | $9,879 | $3,222 | $6,657 |
| 2016 | $2,071 | $9,879 | $3,222 | $6,657 |
| 2015 | $1,631 | $7,985 | $2,840 | $5,145 |
| 2014 | $1,630 | $7,985 | $2,840 | $5,145 |
| 2013 | $2,402 | $8,185 | $2,840 | $5,345 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry Hoffman
-
Hebert Garcia
Buyer's Agent in 2013
Hebert Garcia
Realty Executives
(847) 514-1168
3 in this area
235 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD07502085
APN: 07-18-404-153-1177
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