NOT LISTED FOR SALE

703 Legend Ln Unit 703 McHenry, IL 60050

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

2 Beds
2 Baths
1,534 Sq Ft
$206/mo HOA Fee

Last Sold February 20, 2020

Last sale price $158,500 $103 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,068/month

59 Days on Market

Highlights

  • Vaulted Ceiling
  • Den
  • Balcony
  • McHenry Community High School - Upper Campus Rated A-
  • Stainless Steel Appliances
  • Attached Garage

About This Home

As of February 2020

Immaculate condo is completely move in ready and just waiting for you to move right in and your own personal flair. This stunning home features durable ceramic flooring throughout the main level, that can easily be cleaned when those unexpected messes arise. The open floor plan is perfect for entertaining your guests in a nice open space to create everlasting memories.The unique built-ins around the fireplace add some classic charm and help create a cozy atmosphere on those cold winter nights. The spacious kitchen equipped with stainless steel appliances can easily help you create delicious meals. Both bedrooms feature spacious closets ensuring all personal belongings can be neatly stored away. Ready to claim this as your new "home, sweet home?" Call today to see this incredible home in person, before it's too late!

Last Agent to Sell the Property

Justin Lauer

Innovated Realty Solutions License #471020105 Listed on: 11/12/2019

Last Buyer's Agent

Sandy Etten

CENTURY 21 Roberts & Andrews License #475127175

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,663

Year Built

  • 2005

Lot Details

  • 1.23

HOA Fees

  • $206 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Built-In Features
  • Vaulted Ceiling
  • Den

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,663

Year Built

2005

Lot Details

0

HOA Fees

$206 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Train
  • Unit Floor Level: 1
  • Age: 11-15 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, 1st Floor Laundry, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 6
  • Living Room: Dimensions: 14X14, On Level: Main Level, Flooring: Ceramic Tile
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 6X10, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 13X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 16X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 10X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1534
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Vinyl Siding, Brick
  • Exterior Property Features: Balcony, Patio

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Park/Playground
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Master Association Fee: Yes
  • Master Association Fee: 300
  • Assessed Sq Ft: 1534
  • Assessment Association Fees: 206
  • Management Contact Name: STAFF
  • Management Phone: 847-806-6121

Fee Information

  • Management Company: Legend Lakes Condo

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

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 0932429010

Multi Family

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

Tax Info

  • Taxes: 4016.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2019
Closed on
Feb 19, 2020
Sold by
Mh4 Investments Llc
Bought by
Pankiewicz Jeff
Seller's Agent
Justin Lauer
Innovated Realty Solutions
Buyer's Agent
Sandy Etten
CENTURY 21 Roberts & Andrews
List Price
$169,000
Sold Price
$158,500
Premium/Discount to List
-$10,500
-6.21%
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.
Estimated Appreciation
$95,428
Avg. Annual Appreciation
8.70%
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

Closed on
Jun 27, 2013
Sold by
Phelps Kerry K
Bought by
Leibach Richard and Leibach Maureen

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
02/20/2020 02/20/20 Sold $158,500 -3.4% $103 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/06/2020 01/06/20 Price Changed $164,000 -3.0% $107 / Sq Ft
12/17/2019 12/17/19 For Sale $169,000 +6.6% $110 / Sq Ft
12/02/2019 12/02/19 Off Market $158,500 -- --
11/12/2019 11/12/19 For Sale $169,000 -- $110 / 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: MRD10571963

Midwest Real Estate Data (MRED)

APN: 09-32-429-010