NOT LISTED FOR SALE

640 Spinnaker Point Unit 115B Schaumburg, IL 60194

East Schaumburg Neighborhood

Estimated Value: $308,000 - $330,000

2 Beds
3 Baths
1,200 Sq Ft
$263/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $217,000 $181 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,471/month

2 Days on Market

Highlights

  • Community Pool
  • Tennis Courts
  • 1 Car Attached Garage
  • Everett Dirksen Elementary School Rated A-
  • Stainless Steel Appliances
  • Walk-In Closet

About This Home

As of July 2021

Beautifully updated townhome in desirable Dunbar Lakes, featuring 2 bedrooms, a finished basement, a one-car attached garage and so much more . . . Walking into the front entry you'll love the light and bright open concept living room with fireplace and dining area with slider to back green space. The kitchen, with granite counters, white cabinets and stainless appliances boasts a large pantry AND a separate door to the backyard. Large first floor powder room with entry from front hall and also the kitchen area- so functional! Upstairs you'll find two spacious bedrooms with an ingenious bathroom layout. The primary bath connects to the bath serving the second bedroom. You basically have two powder rooms upstairs sharing a bath/shower area. Downstairs is a large finished rec room space and laundry area- plus storage! Subdivision amenities include pool, clubhouse, tennis courts and playground. This is a good one- don't wait! See you soon!

Last Agent to Sell the Property

Sue Randall

Baird & Warner License #475172888 Listed on: 04/10/2021

Baird & Warner

Co-Listed By

Danny Harris

Baird & Warner License #475173696

Last Buyer's Agent

Jennifer Whitney

Berkshire Hathaway HomeServices Chicago License #475131785

Berkshire Hathaway HomeServices Chicago

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,894

Year Built

  • Built in 1977

Lot Details

  • 3.47

HOA Fees

  • $300 Monthly HOA Fees

Parking

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

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Whole House Fan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Laminate Flooring

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Manager Association, Phone Number (847) 517-4400
  • Dunbar Lakes Subdivision
  • Property managed by LIBERMAN MANAGEMENT SERVICES

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,894

Year Built

Built in 1977

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Dunbar Lakes
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 1200
  • Other Equipment: CO Detectors, Ceiling Fan(s), Fan-Whole House, Sump Pump
  • Room Type: Foyer, Walk In Closet
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 217000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 300
  • Association Amenities: Park, Pool, Tennis Court/s
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: LIBERMAN MANAGEMENT SERVICES
  • Management Contact Name: MANAGER
  • Management Phone: 847-517-4400

Fee Information

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

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

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4894
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2021
Closed on
Jun 22, 2021
Sold by
Shah Chandrakant and Shah Nimeet
Bought by
Colletti Anna M
Seller's Agent
Sue Randall
Baird & Warner
Buyer's Agent
Jennifer Whitney
Berkshire Hathaway HomeServices Chicago
Sold Price
$217,000
Current Estimated Value
$315,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,472
Avg. Annual Appreciation
9.20%
Original Mortgage
$176,800
Outstanding Balance
$160,929
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$154,543

Purchase Details

Listed on
Mar 22, 2018
Closed on
May 18, 2018
Sold by
Mcfadden Eric M and Mcfadden Nicole D
Bought by
Shah Chandrakant and Shah Nimeet
Seller's Agent
Paul Baker
Platinum Partners Realtors
Buyer's Agent
Mary Myzia
RE/MAX Suburban
List Price
$200,000
Sold Price
$205,000
Premium/Discount to List
$5,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.83%
Original Mortgage
$153,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2007
Sold by
Henley Mary
Bought by
Mcfadden Eric M and Pellegrino Nicole D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2004
Sold by
Jayara Jagmohan
Bought by
Henley Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 1995
Sold by
Sloan Roberta Anne
Bought by
Jayara Jagmohan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,100
Interest Rate
8.26%
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
Colletti Anna M $221,000 Baird & Warner Ttl Svcs Inc
Shah Chandrakant $205,000 First American Title
Mcfadden Eric M $215,000 Multiple
Henley Mary $165,000 Bt
Jayara Jagmohan $109,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colletti Anna M $176,800
Previous Owner Shah Chandrakant $153,750
Previous Owner Mcfadden Eric M $215,000
Previous Owner Henley Mary $148,000
Previous Owner Jayara Jagmohan $76,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2021 07/09/21 Sold $217,000 0.0% $181 / Sq Ft
04/13/2021 04/13/21 For Sale -- -- --
04/12/2021 04/12/21 Pending -- -- --
04/10/2021 04/10/21 For Sale $217,000 +5.9% $181 / Sq Ft
05/23/2018 05/23/18 Sold $205,000 +2.5% $171 / Sq Ft View Prior Sale
03/24/2018 03/24/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $200,000 -- $167 / 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 $5,902 $21,069 $5,208 $15,861
2023 $5,723 $21,069 $5,208 $15,861
2022 $5,723 $21,069 $5,208 $15,861
2021 $4,979 $16,426 $6,673 $9,753
2020 $4,893 $16,426 $6,673 $9,753
2019 $4,894 $18,260 $6,673 $11,587
2018 $4,237 $14,117 $5,615 $8,502
2017 $4,170 $14,117 $5,615 $8,502
2016 $3,900 $14,117 $5,615 $8,502
2015 $3,222 $10,769 $4,882 $5,887
2014 $3,186 $10,769 $4,882 $5,887
2013 $3,105 $10,769 $4,882 $5,887
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11049659

Midwest Real Estate Data (MRED)

APN: 07-23-101-007-1023