NOT LISTED FOR SALE

550 S Commons Ct Unit 550 Deerfield, IL 60015

Estimated Value: $467,605 - $529,000

2 Beds
2 Baths
1,719 Sq Ft
$244/mo HOA Fee

Last Sold April 21, 2014

Last sale price $302,500 $176 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,750/month

119 Days on Market

Highlights

  • Pond
  • Vaulted Ceiling
  • End Unit
  • South Park Elementary School Rated A
  • Wood Flooring
  • Balcony

About This Home

As of April 2014

BUILDERS MODEL! SUNNY AND BRIGHT VILLA END UNIT WITH SPECTACULAR POND VIEWS. CATHEDRAL CEILINGS, EAT-IN KITCHEN WITH FRENCH DOORS TO BALCONY, LOFT/OPT 3RD BEDROOM (SAME LEVEL) EASILY CONVERTED TO ENCLOSED BR OR OFFICE BY EXTENSION OF HALF-WALL PLUS DOORWAY, CARPETING AND HDWD FLRS ARE LIKE NEW, LAUNDRY/UTILITY IN UNIT. 2 CAR ATTACHED GARAGE , LARGE MB WALK-IN, CLOSE TO DOWNTOWN. ENJOY THE EASE OF ONE LEVEL LIVING.

Last Agent to Sell the Property

George Visoky

Compass Listed on: 11/26/2013

Last Buyer's Agent

Vic Singh

Pathfinder Realty LLC License #471007034

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,085

Year Built

  • 2001

Lot Details

  • 1,437

HOA Fees

  • $244 per month

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Portable Dishwasher

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Balcony

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • End Unit
  • City Lot

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,085

Year Built

2001

Lot Details

0

HOA Fees

$244 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Train
  • Unit Floor Level: 2
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2001
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2001

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 2nd Floor Laundry, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 17X16, On Level: 2nd Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Dishwasher-Portable, Refrigerator, Washer, Dryer
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 10X6, On Level: 2nd Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 17X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 17X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • 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: 1719
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 11X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Balcony, End Unit
  • Exposure: N (North), City

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Parking, Common Insurance, Exterior Maintenance, Snow Removal
  • Assessment Association Fees: 244
  • Management Contact Name: INGA NEMOY
  • Management Phone: 847-459-0000

Fee Information

  • Management Company: LIEBERMAN

Schools

  • School District: 113
  • Elementary School: KIPLING ELEMENTARY SCHOOL
  • Middle School: ALAN B SHEPARD MIDDLE SCHOOL
  • High School: DEERFIELD HIGH SCHOOL
  • Junior High Dist: 109

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Pond
  • Parcel Identification Number: 16331071370000

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 2

Tax Info

  • Taxes: 7284

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Barber Richard David
Bought by
Ernsteen Joshua and Ernsteen Evan
Current Estimated Value
$500,901

Purchase Details

Closed on
Jun 17, 2019
Sold by
Flaxman Kenneth
Bought by
Barber Richard David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,400
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2017
Sold by
Mangat Tanvir S and Chhatwal Daisy K
Bought by
Flaxman Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 26, 2013
Closed on
Apr 15, 2014
Sold by
Marsoobian Danny L
Bought by
Mangat Tanvir S and Chhatwal Daisy K
Seller's Agent
George Visoky
Compass
Buyer's Agent
Vic Singh
Pathfinder Realty LLC
List Price
$344,900
Sold Price
$302,500
Premium/Discount to List
-$42,400
-12.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$226,875
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2002
Sold by
South Commons Venture
Bought by
Marsoobian Edward and Marsoobian Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.16%
Mortgage Type
Balloon
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
Ernsteen Joshua $415,500 Chicago Title Insurance Compan
Barber Richard David $338,000 First American Title
Flaxman Kenneth $311,000 Affinity Title Services Llc
Mangat Tanvir S $302,500 Ct
Mangat Tanvir S $302,500 Ct
Mangat Tanvir S $302,500 Ct
Mangat Tanvir S $302,500 Ct
Mangat Tanvir S $302,500 Ct
Marsoobian Edward $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barber Richard David $270,400
Previous Owner Flaxman Kenneth $248,800
Previous Owner Mangat Tanvir S $226,875
Previous Owner Marsoobian Edward $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2014 04/21/14 Sold $302,500 -6.6% $176 / Sq Ft
03/25/2014 03/25/14 Pending -- -- --
01/29/2014 01/29/14 Price Changed $323,900 -6.1% $188 / Sq Ft
11/26/2013 11/26/13 For Sale $344,900 -- $201 / 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 $10,085 $120,024 $15,008 $105,016
2023 $10,085 $115,186 $14,403 $100,783
2022 $10,208 $113,761 $13,542 $100,219
2021 $9,622 $109,681 $13,056 $96,625
2020 $9,254 $109,911 $13,083 $96,828
2019 $9,044 $109,725 $13,061 $96,664
2018 $8,236 $105,232 $13,844 $91,388
2017 $8,236 $104,896 $13,800 $91,096
2016 $8,000 $100,929 $13,278 $87,651
2015 $7,825 $94,832 $12,476 $82,356
2014 $7,602 $91,089 $12,564 $78,525
2012 $7,281 $90,285 $12,453 $77,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08494364

Midwest Real Estate Data (MRED)

APN: 16-33-107-137