NOT LISTED FOR SALE

Estimated Value: $286,000 - $304,000

2 Beds
2 Baths
1,200 Sq Ft
$351/mo HOA Fee

Last Sold March 05, 2024

Last sale price $270,000 $225 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,354/month

11 Days on Market

Highlights

  • Landscaped Professionally
  • Clubhouse
  • Main Floor Bedroom
  • Everett Dirksen Elementary School Rated A-
  • Pond
  • Community Pool

About This Home

As of March 2024

Welcome to this rarely available FIRST floor condo located in the highly sought-after Gatewood Subdivision in Schaumburg. Enter into this 2 bedroom, 2 full bath freshly painted open floor plan connecting the living room and dining room filled with natural light. Sliding glass door leads out to the patio extended with limestone pavers and beautiful pond views. The kitchen has plenty of cabinets and counterspace with newer appliances PLUS a large pantry. Large primary bedroom with newly remodeled ensuite bathroom and HUGE walk-in closet with organizer shelving. The second bedroom offers a spacious double closet. Separate laundry space and utility room. Attached one car garage with epoxy flooring. Enjoy the clubhouse, outdoor pool, and playground all within walking distance. Located in the desirable Conant High School district, this home offers access to top-rated educational opportunities. Plus, with its close proximity to various shopping, dining, and recreational options, everything you need is just a short drive away. Don't miss the opportunity to make this fantastic property your own.

Last Agent to Sell the Property

Katelyn Mucci Segura

Baird & Warner License #475166125 Listed on: 01/25/2024

Baird & Warner

Last Buyer's Agent

Caroline Starr

@properties Christie's International Real Estate License #475123478

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,754

Year Built

  • Built in 1989

Lot Details

  • Landscaped Professionally

HOA Fees

  • $351 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Pond
  • Patio

Schools

  • Dirksen Elementary School
  • Robert Frost Junior High School
  • J B Conant High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, clubhouse, pool, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Manager Association, Phone Number (847) 490-3833
  • Gatewood Subdivision, Elm Floorplan
  • Property managed by Associa Chicagoland

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,754

Year Built

Built in 1989

Lot Details

0

HOA Fees

$351 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Gatewood
  • Year Built: 1989
  • Age: 31-40 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
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Bedroom, First Floor Laundry
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 255000
  • Lot Features: Common Grounds, Landscaped, Pond(s)
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 351
  • Association Amenities: Pool, Clubhouse
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Manager
  • Management Phone: 847-490-3833
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Dirksen Elementary School
  • High School: J B Conant High School
  • Middle/Junior School: Robert Frost Junior High School
  • Middle/Junior School District: 54

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4753.93
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 4, 2024
Sold by
Smith Michael R
Bought by
Sundaram Sasisrihari
Seller's Agent
Katelyn Mucci Segura
Baird & Warner
Buyer's Agent
Caroline Starr
@properties Christie's International Real Estate
List Price
$255,000
Sold Price
$270,000
Premium/Discount to List
$15,000
5.88%
Views
237
Current Estimated Value
$290,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,818
Avg. Annual Appreciation
5.31%
Original Mortgage
$202,500
Outstanding Balance
$200,471
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$90,243

Purchase Details

Closed on
Sep 8, 2021
Sold by
Smith Randal P and Kelly Kathleen
Bought by
Smith Randal P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,100
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2006
Sold by
Spears Tracy A and Wright Tracy A Spears
Bought by
Smith Randal P and Kelly Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2002
Sold by
Peterslie Trudy L
Bought by
Spears Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.24%

Purchase Details

Closed on
May 14, 1999
Sold by
Richter Herman
Bought by
Peterslie Trudy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.54%

Purchase Details

Closed on
Mar 31, 1995
Sold by
Baker Patricia J
Bought by
Richter Herman and Richter Rita E

Purchase Details

Closed on
Jul 23, 1993
Sold by
Finnie John P
Bought by
Baker Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
7.28%
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
Sundaram Sasisrihari $270,000 First American Title
Smith Randal P -- Fidelity National Title Ins
Smith Randal P $207,500 Pntn
Spears Tracy A $162,500 --
Peterslie Trudy L $115,000 Professional National Title
Richter Herman $105,000 --
Baker Patricia J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sundaram Sasisrihari $202,500
Previous Owner Smith Randal P $38,000
Previous Owner Smith Randal P $136,100
Previous Owner Smith Randal P $164,500
Previous Owner Smith Randal P $164,000
Previous Owner Spears Tracy A $131,100
Previous Owner Spears Tracy A $21,000
Previous Owner Spears Tracy A $130,000
Previous Owner Peterslie Trudy L $80,000
Previous Owner Baker Patricia J $98,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $270,000 +5.9% $225 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $255,000 0.0% $213 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $255,000 -- $213 / 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 $4,932 $20,923 $6,434 $14,489
2023 $4,754 $20,923 $6,434 $14,489
2022 $4,754 $20,923 $6,434 $14,489
2021 $4,136 $16,977 $8,243 $8,734
2020 $4,133 $16,977 $8,243 $8,734
2019 $4,140 $18,873 $8,243 $10,630
2018 $3,129 $13,861 $6,936 $6,925
2017 $4,094 $13,861 $6,936 $6,925
2016 $3,829 $13,861 $6,936 $6,925
2015 $4,261 $14,243 $6,031 $8,212
2014 $4,214 $14,243 $6,031 $8,212
2013 $4,106 $14,243 $6,031 $8,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11963668

Midwest Real Estate Data (MRED)

APN: 07-23-101-027-1035