NOT LISTED FOR SALE

703 Legend Ln Unit 182 McHenry, IL 60050

Estimated Value: $240,524 - $275,000

2 Beds
2 Baths
1,534 Sq Ft
$161/mo HOA Fee

Last Sold June 27, 2013

Last sale price $77,000 $50 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $2,023/month

43 Days on Market

Highlights

  • Den
  • Attached Garage
  • Forced Air Heating and Cooling System
  • McHenry Community High School - Upper Campus Rated A-

About This Home

As of June 2013

Great location in Legend Lakes subdivision. Unit in good condition. Sold in "as is" condition. Short sale....please allow time for approval.

Last Agent to Sell the Property

Sarah Frost

Century 21 Integra License #475123595 Listed on: 02/05/2013

Century 21 Integra

Last Buyer's Agent

Dawn Zurick

Vylla Home License #471009163

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,663

Year Built

  • 2005

Lot Details

  • 1.23

HOA Fees

  • $161 per month

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Den

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,663

Year Built

2005

Lot Details

0

HOA Fees

$161 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Type Attached: Condo
  • Unit Floor Level: 1
  • Age: 6-10 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 14X14, On Level: Main Level
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 13X10, On Level: Main Level
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 16X13, On Level: 2nd Level
  • Additional Room 1 Name: Den, Dimensions: 10X10, On Level: Main Level
  • Bedroom 2: Dimensions: 10X10, On Level: 2nd Level
  • Estimated Sq Ft: 1534

Exterior Features

  • Exterior Building Type: Aluminum Siding, Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 161
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Master Association Fee: Yes
  • Master Association Fee: 161

Fee Information

  • Management Company: Property Specialists

Schools

  • School District: 156
  • Elementary School: VALLEY VIEW ELEMENTARY SCHOOL
  • Middle School: PARKLAND MIDDLE SCHOOL
  • High School: MCHENRY HIGH SCHOOL-WEST CAMPUS
  • Junior High Dist: 15

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2020
Sold by
Mh4 Investments Llc
Bought by
Pankiewicz Jeff
Current Estimated Value
$253,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,500
Outstanding Balance
$87,770
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$162,556

Purchase Details

Closed on
Oct 29, 2019
Sold by
Leibach Justin and Smith Raquel
Bought by
Mh4 Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 11, 2013
Sold by
Leibach Richard P and Leibach Maureen J
Bought by
Leibach Justin and Smith Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 5, 2013
Closed on
Jun 27, 2013
Sold by
Phelps Kerry K
Bought by
Leibach Richard and Leibach Maureen
Seller's Agent
Sarah Frost
Century 21 Integra
Buyer's Agent
Dawn Zurick
Vylla Home
List Price
$84,900
Sold Price
$77,000
Premium/Discount to List
-$7,900
-9.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%

Purchase Details

Closed on
Jul 25, 2008
Sold by
Sterrett Shannon R
Bought by
Sterrett Shannon R

Purchase Details

Closed on
Apr 29, 2005
Sold by
Legend Lakes Lp
Bought by
Pheps Kerry K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,378
Interest Rate
6.05%
Mortgage Type
Stand Alone First
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
Pankiewicz Jeff $158,500 Old Republic Title
Mh4 Investments Llc $158,000 Fidelity National Title
Leibach Justin $73,000 None Available
Leibach Richard $77,000 Citywide Title Corporation
Sterrett Shannon R -- None Available
Pheps Kerry K $180,777 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pankiewicz Jeff $98,500
Previous Owner Mh4 Investments Llc $126,400
Previous Owner Leibach Justine $89,000
Previous Owner Leibach Justin $73,000
Previous Owner Phelps Kerry K $146,250
Previous Owner Phelps Kerry K $29,250
Previous Owner Pheps Kerry K $137,378
Closed Pheps Kerry K $24,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2013 06/27/13 Sold $77,000 -9.3% $50 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $84,900 -- $55 / 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 $5,663 $66,948 $7,369 $59,579
2023 $5,541 $59,979 $6,602 $53,377
2022 $5,286 $55,644 $6,125 $49,519
2021 $5,070 $51,820 $5,704 $46,116
2020 $4,837 $48,842 $9,636 $39,206
2019 $4,164 $46,379 $9,150 $37,229
2018 $4,016 $41,045 $8,735 $32,310
2017 $3,839 $38,522 $8,198 $30,324
2016 $3,690 $36,002 $7,662 $28,340
2013 -- $35,445 $7,543 $27,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08263912

Midwest Real Estate Data (MRED)

APN: 09-32-429-010