NOT LISTED FOR SALE

534 King Ave Unit 231 East Dundee, IL 60118

Estimated Value: $272,000 - $292,000

2 Beds
2 Baths
1,286 Sq Ft
$171/mo HOA Fee

Last Sold March 08, 2023

Last sale price $222,500 $173 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,156/month

65 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 March 2023

RARELY AVAILABLE 2 bedroom, 2 bath ranch, end unit condo with Basement in The Reserve of East Dundee. The kitchen is open to an eating area and family room with newer laminate flooring and open to the dining room with a pass-through. The large, separate living room dining room combo, walks out to a patio with no one behind but open spaces and trees. Living room features lots of windows and plush carpet. The large master suite has double closets and new windows with a nice open view and full bath with walk-in shower. The cute 2nd bedroom also has new windows and great views with a 2nd full bath across the hall. Laundry room on the main floor with newer tile and brand new washer and dryer. The unfinished basement offers many possibilities. There's an additional storage room in the basement and a 2- car attached garage. All this just 5 minutes from I-90. Close to the East Dundee Culinary District, parks and the Fox River. Furnace-2022, Bedroom windows-2021, washer and dryer-2022, garage door opener-2020. Don't miss it!

Last Agent to Sell the Property

Cindy Kennedy

Baird & Warner License #475167473 Listed on: 12/02/2022

Baird & Warner

Last Buyer's Agent

Martha Wiemerslage

Coldwell Banker Real Estate Group License #475179178

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,180

Year Built

  • Built in 1997

HOA Fees

Parking

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

Home Design

  • Ranch Property
  • Asphalt Roof

Interior Spaces

  • 1,286 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Storage Room
  • Laminate Flooring
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

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
  • Dundee-Crown High School

Utilities

  • Forced Air Heating and Cooling System
  • 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, Ranch Floorplan
  • Property managed by Galena at 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

$2,180

Year Built

Built in 1997

Lot Details

0

HOA Fees

$171 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: 1997
  • Age: 21-25 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, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1286
  • Room Type: Storage, Other Room, Eating Area
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 500
  • Unfinished Lower Sq Ft: 500
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 228000
  • 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: 163
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Management Company: Galena at the reserves
  • Management Contact Name: manager
  • Management Phone: 847-985-6464
  • Master Association Fee: 92
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Parkview Elementary School
  • High School: Dundee-Crown High School
  • Middle/Junior School: Carpentersville Middle School
  • Middle/Junior School District: 300

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 2180.06
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Mar 1, 2023
Sold by
Bruli Karen C
Bought by
First American Bank
Seller's Agent
Cindy Kennedy
Baird & Warner
Buyer's Agent
Martha Wiemerslage
Coldwell Banker Real Estate Group
List Price
$228,000
Sold Price
$222,500
Premium/Discount to List
-$5,500
-2.41%
Views
113
Current Estimated Value
$282,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,409
Avg. Annual Appreciation
9.85%
Original Mortgage
$178,000
Outstanding Balance
$173,187
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$107,407

Purchase Details

Closed on
Apr 5, 2011
Sold by
Ziemba Eve L
Bought by
First American Bank and Trust #1-11-106

Purchase Details

Closed on
May 13, 2005
Sold by
Marcanio Russell L and Frankowski Rose Marie
Bought by
Ziemba Eve L

Purchase Details

Closed on
Jan 30, 1998
Sold by
The Reserve Of East Dundee Ltd Prtnrshp
Bought by
Harper Josephine
Source: Public Records

Range of Values:

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Average Value
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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
First American Bank $222,500 --
First American Bank -- None Available
Ziemba Eve L $208,000 Ticor Title Insurance Compan
Harper Josephine $144,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open First American Bank $178,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $222,500 -2.4% $173 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $228,000 0.0% $177 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $228,000 -- $177 / 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 $5,333 $75,775 $8,371 $67,404
2023 $4,337 $68,180 $7,532 $60,648
2022 $3,932 $56,860 $7,532 $49,328
2021 $2,180 $53,687 $7,112 $46,575
2020 $2,183 $52,480 $6,952 $45,528
2019 $2,253 $49,820 $6,600 $43,220
2018 $2,324 $45,866 $6,469 $39,397
2017 $2,369 $42,905 $6,051 $36,854
2016 $2,515 $41,543 $5,859 $35,684
2015 -- $35,890 $5,490 $30,400
2014 -- $34,898 $5,338 $29,560
2013 -- $35,966 $5,501 $30,465
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11681581

Midwest Real Estate Data (MRED)

APN: 03-26-204-063