NOT LISTED FOR SALE

542 Legend Ln Unit 73 McHenry, IL 60050

Estimated Value: $257,000 - $301,000

3 Beds
3 Baths
1,871 Sq Ft
$244/mo HOA Fee

Last Sold December 08, 2020

Last sale price $174,000 $93 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,104/month

5 Days on Market

Highlights

  • Landscaped Professionally
  • Pond
  • Home Office
  • McHenry Community High School - Upper Campus Rated A-
  • Granite Countertops
  • Attached Garage

About This Home

As of December 2020

WONDERFUL LOCATION, BEAUTIFUL TWO STORY TOWNHOME, ON THE POND IN LEGEND LAKES!! FRESH PAINT, UPGRADED THROUGHOUT. PRETTY UPGRADED MASTER BATH, NO BUILDER GRADE. TURNKEY, MUST SEE!! SELLER IS RELATED TO LIC IL REALTOR.

Last Agent to Sell the Property

Marla Willey

Concepts Realty, LLC License #471007471 Listed on: 10/28/2020

Last Buyer's Agent

Paul Dimmick

Keller Williams Success Realty License #475120830

Keller Williams Success Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,653

Year Built | Renovated

  • 2005 | 2020

Lot Details

  • 0.84

HOA Fees

  • $244 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Home Office

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Pond
  • Landscaped Professionally

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,653

Year Built | Renovated

2005 | 2020

Lot Details

0

HOA Fees

$244 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Special Service Area: T
  • Unit Floor Level: 1
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2005
  • Year Renovated: 2020

Interior Features

  • Number Of Rooms: 7
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 6X4, On Level: Main Level
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 13X9, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Granite Counters
  • Additional Rooms: Office
  • Master Bedroom: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 10X10, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1871
  • Dining Room Type: Separate
  • Family Room: Dimensions: 14X14, On Level: Main Level, Flooring: Wood Laminate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Master Association Fee: Yes
  • Master Association Fee: 29
  • Assessment Association Fees: 244
  • Management Contact Name: PROPERTY SPECIALIST
  • Management Phone: 847-806-6121

Fee Information

  • Management Company: PROPERTY SPECIALIST

Schools

  • School District: 156
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Landscaped Professionally, Pond
  • Parcel Identification Number: 0932428027

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 4400.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Dec 7, 2020
Sold by
Custom Development Llc
Bought by
Olson Kent H and Olson Susan M
Seller's Agent
Marla Willey
Concepts Realty, LLC
Buyer's Agent
Paul Dimmick
Keller Williams Success Realty
List Price
$179,000
Sold Price
$174,000
Premium/Discount to List
-$5,000
-2.79%
Current Estimated Value
$278,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,686
Avg. Annual Appreciation
10.33%
Original Mortgage
$104,400
Outstanding Balance
$93,374
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$185,312

Purchase Details

Listed on
Oct 28, 2020
Closed on
Oct 19, 2020
Sold by
Reyes Jorge and Lakeview Loan Servicing Llc
Bought by
73Custom Development Llc
Seller's Agent
Marla Willey
Concepts Realty, LLC
Buyer's Agent
Paul Dimmick
Keller Williams Success Realty
List Price
$179,000
Sold Price
$174,000
Premium/Discount to List
-$5,000
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2015
Sold by
Fetherston Cherie L and Fetherston Steven M
Bought by
Fetherston Cherie L

Purchase Details

Closed on
May 28, 2008
Sold by
Nesheim John R and Nesheim Joellen
Bought by
Miller Cherie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2005
Sold by
Legend Lakes Lp
Bought by
Nesheim John R and Nesheim Joellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,597
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac
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
Olson Kent H $174,000 None Listed On Document
73Custom Development Llc $124,500 None Available
Fetherston Cherie L -- Attorney
Miller Cherie L $192,000 Ticor
Nesheim John R $212,054 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Kent H $104,400
Closed Olson Kent H $104,400
Previous Owner Miller Cherie L $102,000
Previous Owner Miller Cherie L $125,500
Previous Owner Miller Cherie L $127,500
Previous Owner Nesheim John R $164,597
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $174,000 -2.8% $93 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $179,000 +21.8% $96 / Sq Ft
05/26/2016 05/26/16 Sold $147,000 -7.5% $79 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $159,000 -- $85 / 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 $4,653 $71,007 $7,369 $63,638
2023 $4,398 $63,615 $6,602 $57,013
2022 $4,561 $59,018 $6,125 $52,893
2021 $4,301 $54,962 $5,704 $49,258
2020 $4,482 $51,261 $10,127 $41,134
2019 $4,401 $48,676 $9,616 $39,060
2018 $4,249 $43,079 $9,180 $33,899
2017 $4,064 $40,431 $8,616 $31,815
2016 $3,909 $37,786 $8,052 $29,734
2013 -- $33,664 $7,927 $25,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10918768

Midwest Real Estate Data (MRED)

APN: 09-32-428-027