NOT LISTED FOR SALE

647 Gray Ct Unit 7C Wheeling, IL 60090

Estimated Value: $202,000 - $227,000

2 Beds
1.5 Baths
928 Sq Ft
$233/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $205,000 $221 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,929/month

23 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Granite Countertops
  • Buffalo Grove High School Rated A+
  • Wood Flooring
  • Community Pool

About This Home

As of February 2024

An excellent opportunity for first-time buyers or investors! This inviting 2-bedroom townhome is situated in the lively Cedar Run neighborhood, boasting proximity to well-regarded Buffalo Grove Schools, shopping centers, major roadways, highways, and prominent companies. The expansive living area showcases stylish luxury vinyl flooring and energy-efficient LED lighting. The sleek kitchen, adorned with white cabinets, stainless steel appliances, and granite countertops, seamlessly connects to a sunlit eat-in area with large sliders leading to a charming patio. Ascend to the second floor, where two generously sized bedrooms await, adorned with bamboo wood floors.The master bedroom boasts a sizable walk-in closet, while the second bedroom offers a deep closet with built-ins. Conveniently located near the bedrooms, the laundry area adds to the overall functionality. The attached garage ensures protection for your vehicle and provides additional storage space. Situated just steps away from a park, clubhouse, and pool, this property welcomes investors with open arms, as there are no rental caps and promising cash flow for easy management and strong returns. Don't miss out on this well-appointed and strategically located home with a blend of modern amenities and investment potential!

Last Agent to Sell the Property

Nasko Ivanov

Home Realty Group, Inc License #471001538 Listed on: 12/26/2023

Last Buyer's Agent

Andy Dadlani

Realcom Realty, Ltd License #471009869

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,508

Year Built

  • Built in 1971 | Remodeled in 2014

Lot Details

  • 1.93

HOA Fees

  • $333 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 928 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Combination Kitchen and Dining Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

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

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Joyce Kilmer Elementary School
  • Cooper Middle School
  • Buffalo Grove High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units
  • Manager Association, Phone Number (847) 279-0128
  • Property managed by Associa Chicago

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,508

Year Built

Built in 1971 | Remodeled in 2014

Lot Details

0

HOA Fees

$333 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
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2014
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2014

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Range Hood, Gas Cooktop, Gas Oven
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s), Open Floorplan, Some Carpeting, Granite Counters
  • LivingArea: 928
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 928
  • Basement Description: Slab
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 928
  • Basement Sq Ft: 0
  • Total Sq Ft: 928
  • Unfinished Basement Sq Ft: 0
  • Lower Level Sq Ft: 928
  • Unfinished Lower Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 199900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 333
  • Association Amenities: Pool, Clubhouse
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicago
  • Management Contact Name: Manager
  • Management Phone: 847-279-0128
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Joyce Kilmer Elementary School
  • High School: Buffalo Grove High School
  • Middle/Junior School: Cooper Middle School
  • Middle/Junior School District: 21

Lot Info

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

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: 3507.75
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2023
Closed on
Feb 23, 2024
Sold by
Balabanova-Iiristova Anna
Bought by
Patel Mahesii and Patel Ulka
Seller's Agent
Nasko Ivanov
Home Realty Group, Inc
Buyer's Agent
Andy Dadlani
Realcom Realty, Ltd
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Total Days on Market
23
Views
127
Current Estimated Value
$216,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,064
Avg. Annual Appreciation
4.19%
Original Mortgage
$180,500
Outstanding Balance
$178,386
Interest Rate
6.69%
Mortgage Type
Construction
Estimated Equity
$37,678

Purchase Details

Closed on
Feb 9, 2023
Sold by
Saleem Muhammad
Bought by
Balabanova-Hristova Anna D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,250
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2012
Sold by
Naved Muhammad
Bought by
Saleem Muhammad and Jaffer Tanveer

Purchase Details

Closed on
Apr 30, 2002
Sold by
Felix Jose
Bought by
Naved Muhammed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
6.37%

Purchase Details

Closed on
Apr 9, 2001
Sold by
Felix Segundino S
Bought by
Felix Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.18%

Purchase Details

Closed on
Dec 27, 1996
Sold by
Modica Joseph M
Bought by
Felix Jose and Felix Secundino S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1993
Sold by
Behm Michelle M
Bought by
Modica Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,750
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Patel Mahesii $205,000 None Listed On Document
Balabanova-Hristova Anna D $163,000 First American Title
Saleem Muhammad $43,500 Chicago Title Insurance Comp
Naved Muhammed $130,000 --
Felix Jose -- --
Felix Jose $83,000 --
Modica Joseph M $75,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Mahesii $180,500
Previous Owner Hristova Anna D Balabanova $122,250
Previous Owner Balabanova-Hristova Anna D $122,250
Previous Owner Farah Naved Muhammad $12,866
Previous Owner Naved Muhammad $124,633
Previous Owner Naved Muhammad $120,000
Previous Owner Naved Muhammad $123,884
Previous Owner Naved Muhammed $123,500
Previous Owner Felix Jose $60,000
Previous Owner Felix Jose $80,800
Previous Owner Modica Joseph M $71,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $205,000 +2.6% $221 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $199,900 0.0% $215 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $199,900 0.0% $215 / Sq Ft
12/31/2023 12/31/23 Pending -- -- --
12/26/2023 12/26/23 For Sale $199,900 -- $215 / 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 $4,601 $14,397 $1,484 $12,913
2023 $4,601 $14,397 $1,484 $12,913
2022 $4,601 $14,397 $1,484 $12,913
2021 $3,534 $9,539 $395 $9,144
2020 $3,442 $9,539 $395 $9,144
2019 $3,498 $10,676 $395 $10,281
2018 $2,594 $7,108 $346 $6,762
2017 $2,541 $7,108 $346 $6,762
2016 $2,371 $7,108 $346 $6,762
2015 $4,106 $11,523 $840 $10,683
2014 $4,005 $11,523 $840 $10,683
2013 $3,698 $11,523 $840 $10,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11951251

Midwest Real Estate Data (MRED)

APN: 03-04-204-076-1019