NOT LISTED FOR SALE

6551 W School St Unit 108B Chicago, IL 60634

Schorsch Village Neighborhood

Estimated Value: $240,000 - $275,000

2 Beds
2 Baths
900 Sq Ft
$250/mo HOA Fee

Last Sold August 19, 2016

Last sale price $145,000 $161 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,806/month

17 Days on Market

Highlights

  • End Unit
  • Patio
  • Bathroom on Main Level
  • Soaking Tub
  • Resident Manager or Management On Site
  • Combination Dining and Living Room

About This Home

As of August 2016

REGULAR SALE!!!SPACIOUS GROUND FLOOR END UNIT CONDO WITH LARGE PATIO WITH NO STAIRS TO CLIMB.OPNE FLOOR PLAN -LIV/DIN ROOM AREA WITHWOOD LAMINATED FLOORS &MIRRORED WALL. MODERN EUROPEAN KITCHEN.MASTER BEDROOM HAS PRIVATE BATH W/HUGE WALK-IN CLOSET.IN UNIT LAUNDRY.BOTH BATHS HAVE WINDOW.GAS&HEAT&WATER INCLUDED IN ASSESMENT.IDEAL LOCATION-BUS STOP AT THE FRONT ENTRANCE OF COMPLEX.

Last Agent to Sell the Property

Joanna Obara

RE/MAX City License #475119894 Listed on: 05/30/2016

RE/MAX City

Last Buyer's Agent

Melanie Jane Nicolas

Advantage Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,718

Year Built

  • Built in 1995

Lot Details

  • 2.66

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Flexicore

Interior Spaces

  • 900 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Laminate Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • End Unit

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 24 Units
  • Yvonne Balazik Association, Phone Number (847) 813-5939
  • Arbor Lane Condos Subdivision, Low Rise Floorplan
  • Property managed by MC KENZIE MANAGEMENT

Pet Policy

  • Limit on the number of pets

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,718

Year Built

Built in 1995

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: ARBOR LANE CONDOS
  • Year Built: 1995
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Interstate Access
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, First Floor Laundry, First Floor Full Bath, Flexicore
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 3
  • Basement Description: Slab
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm

Exterior Features

  • ExteriorFeatures: Patio, End Unit
  • List Price: 149900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Other
  • Cooling: Window/Wall Units - 2
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Number Limit
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Management Company: MC KENZIE MANAGEMENT
  • Management Contact Name: YVONNE BALAZIK
  • Management Phone: 847-813-5939
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: INTEGRAL
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1718
  • Tax Year: 2014
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2016
Closed on
Aug 16, 2016
Sold by
Jankowski Zdzislaw
Bought by
Mercado Louis
Seller's Agent
Joanna Obara
RE/MAX City
Buyer's Agent
Melanie Jane Nicolas
Advantage Realty Group
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Current Estimated Value
$250,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,773
Avg. Annual Appreciation
6.14%
Original Mortgage
$116,000
Outstanding Balance
$95,806
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$154,967

Purchase Details

Closed on
May 29, 2003
Sold by
Mubayed Saba and Mubayed Mary Ann
Bought by
Jankowski Zdzislaw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.78%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 25, 1994
Sold by
Parkway Bank & Trust Company
Bought by
Mubayed Saba and Mubayed Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
9.27%
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
Mercado Louis $145,000 Saturn Title Llc
Jankowski Zdzislaw $178,500 --
Jankowski Zdzislaw $178,500 --
Mubayed Saba $110,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Louis $116,000
Previous Owner Jankowski Zdzislaw $105,000
Previous Owner Mubayed Saba $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2016 08/19/16 Sold $145,000 -3.3% $161 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
05/30/2016 05/30/16 For Sale $149,900 -- $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 $2,887 $20,415 $4,455 $15,960
2023 $2,793 $17,000 $3,564 $13,436
2022 $2,793 $17,000 $3,564 $13,436
2021 $2,749 $16,999 $3,564 $13,435
2020 $1,981 $11,996 $1,591 $10,405
2019 $2,010 $13,433 $1,591 $11,842
2018 $1,975 $13,433 $1,591 $11,842
2017 $1,954 $12,452 $1,400 $11,052
2016 $1,994 $12,452 $1,400 $11,052
2015 $1,801 $12,452 $1,400 $11,052
2014 $1,718 $11,828 $1,336 $10,492
2013 $1,673 $11,828 $1,336 $10,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09241099

Midwest Real Estate Data (MRED)

APN: 13-19-431-034-1046