NOT LISTED FOR SALE

575 N Strack St Cortland, IL 60112

Estimated Value: $132,000 - $189,000

2 Beds
2 Baths
1,100 Sq Ft
$160/mo HOA Fee

Last Sold October 17, 2023

Last sale price $116,500 $106 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,282/month

2 Days on Market

Highlights

  • Lock-and-Leave Community
  • Balcony
  • Laundry closet
  • Vaulted Ceiling
  • Intercom
  • Central Air

About This Home

As of October 2023

MULTIPLE OFFERS RECEIVED. SELLER IS ASKING FOR BEST AND FINAL OFFERS BY FRIDAY, SEPTEMBER 15 AT 6:00 PM. Step into this spacious, beautiful home on the upper level of building. This unit boasts new flooring in the kitchen and livingroom. The livingroom features a vaulted ceiling and ceiling fan, and a balcony that looks out on scenic views. There is a washer/dryer inside unit, large bedrooms, two full bathrooms, ceiling fans, and natural light throughout. The building features a maintenance-free exterior, a security system, and gypcrete floors between levels for privacy.

Last Agent to Sell the Property

Karen Townsend

Suburban Life Realty License #475152001 Listed on: 09/13/2023

Last Buyer's Agent

Andrea Galitz

Mark Allen Realty License #475137572

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,385

Year Built

  • Built in 2006

Lot Details

  • 348

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Six Panel Doors
  • Intercom
  • Laundry closet

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway
  • Additional Parking
  • Uncovered Parking
  • Visitor Parking
  • Parking Lot
  • Parking Included in Price

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Kim Association, Phone Number (815) 787-7368
  • Property managed by Townsend Management
  • Lock-and-Leave Community

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,385

Year Built

Built in 2006

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2006
  • Age: 16-20 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: 3
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Wood Laminate Floors, Some Carpeting, Drapes/Blinds, Pantry
  • LivingArea: 1100
  • Other Equipment: Intercom, Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Door Features: 6 Panel Door(s)
  • Window Features: Blinds
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Visitor Parking, Additional Parking, Parking Lot
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 160
  • Association Amenities: Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: Townsend Management
  • Management Contact Name: Kim
  • Management Phone: 815-787-7368X1
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: N/A

Tax Info

  • Tax Annual Amount: 3385
  • Tax Year: 2022

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Oct 16, 2023
Sold by
Herrmann Nathan P
Bought by
Ochoa Victor
Seller's Agent
Karen Townsend
Suburban Life Realty
Buyer's Agent
Andrea Galitz
Mark Allen Realty
List Price
$105,990
Sold Price
$116,500
Premium/Discount to List
$10,510
9.92%
Views
53
Current Estimated Value
$161,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,918
Avg. Annual Appreciation
15.45%
Original Mortgage
$93,200
Outstanding Balance
$91,022
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$70,396

Purchase Details

Closed on
Jun 27, 2008
Sold by
Herrmann Nathan P
Bought by
Herrmann Nathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,590
Interest Rate
5.96%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2006
Sold by
Heatherfield Condo Development
Bought by
Herrmann Nathan P and Herrmann Jacob M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,100
Interest Rate
6.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ochoa Victor $116,500 Chicago Title
Herrmann Nathan P -- --
Herrmann Nathan P $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Victor $93,200
Previous Owner Herrmann Nathan P $107,590
Previous Owner Herrmann Nathan P $98,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2023 10/17/23 Sold $116,500 +9.9% $106 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $105,990 -- $96 / 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 $3,412 $38,827 $3,637 $35,190
2023 $3,385 $36,325 $3,403 $32,922
2022 $3,385 $34,668 $3,248 $31,420
2021 $3,230 $33,007 $3,092 $29,915
2020 $3,175 $31,978 $2,996 $28,982
2019 $3,062 $30,636 $2,870 $27,766
2018 $2,953 $28,973 $2,714 $26,259
2017 $2,248 $27,583 $2,584 $24,999
2016 $2,144 $25,924 $2,429 $23,495
2015 -- $24,344 $2,281 $22,063
2014 -- $23,430 $2,195 $21,235
2013 -- $24,280 $2,275 $22,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11883963

Midwest Real Estate Data (MRED)

APN: 09-17-374-021