NOT LISTED FOR SALE

Estimated Value: $210,000 - $236,000

2 Beds
2 Baths
1,100 Sq Ft
$490/mo HOA Fee

Last Sold October 11, 2024

Last sale price $216,000 $196 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,876/month

4 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Intercom
  • Edwin Aldrin Elementary School Rated 9+
  • Tennis Courts
  • Walk-In Closet

About This Home

As of October 2024

Welcome to this fully renovated and charming 1st-floor 2-bedroom, 2-bath condo located in the desirable Lakewood community in Schaumburg. This well-maintained unit offers a blend of modern updates and convenience, perfect for those seeking a low-maintenance lifestyle. The spacious living room, featuring fresh paint, newly installed ceiling lights and brand-new flooring, flows seamlessly into the dining area and kitchen along with smart remote-controlled lights throughout the unit making it ideal for entertaining. The eat-in fully updated kitchen boasts new flooring, new white cabinets, and updated appliances, including a brand new counter top and a sink. The master bedroom is complete with a large walk-in closet and an updated in-suite bathroom, while the second bedroom offers ample closet space and plenty of natural light along with easy access to the updated 2nd bath. Enjoy your morning coffee or unwind in the evening on your private patio, accessible through sliding glass doors. The association fees provide a hassle-free living experience, covering essentials such as heat, water, gas, exterior maintenance, and more. Additional amenities include a clubhouse with an inground pool, walking paths, and bike storage. Conveniently located just minutes from shopping, dining, expressways, and Metra train stations, this condo is also within walking distance to parks, recreation centers, and top-rated Schaumburg schools. With a prime location, this move-in ready condo is a rare find and an exceptional value. Don't miss your chance to make it your new home!

Last Agent to Sell the Property

Hardik Sheladiya

Real People Realty License #475205873 Listed on: 08/29/2024

Real People Realty

Last Buyer's Agent

Waleed Asif

Guidance Realty License #475195212

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,883

Year Built

  • Built in 1995 | Remodeled in 2024

Lot Details

  • 30.34

HOA Fees

  • $490 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Vinyl Flooring
  • Intercom
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

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

Schools

  • Buzz Aldrin Elementary School
  • Robert Frost Junior High School
  • Schaumburg High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • Quinn Association, Phone Number (847) 490-3833
  • Lakewood Subdivision
  • Property managed by Associa Chicagoland

Amenities

  • Common Area
  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,883

Year Built

Built in 1995 | Remodeled in 2024

Lot Details

0

HOA Fees

$490 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: Lakewood
  • Year Built: 1995
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2024
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1100
  • Other Equipment: Intercom, Ceiling Fan(s)
  • Room Type: Walk In Closet
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Flooring: Vinyl
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Visitor Parking
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 490
  • Association Amenities: Park, Pool, Tennis Court(s), Clubhouse, Intercom
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Quinn
  • Management Phone: 847-490-3833
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Buzz Aldrin Elementary School
  • High School: Schaumburg High School
  • Middle/Junior School: Robert Frost Junior High School

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

Tax Info

  • Tax Annual Amount: 2882.68
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Oct 1, 2024
Sold by
Patel Vipul and Patel Hasmita
Bought by
Ullah Rahim and Jamal Sana
Seller's Agent
Hardik Sheladiya
Real People Realty
Buyer's Agent
Waleed Asif
Guidance Realty
List Price
$205,000
Sold Price
$216,000
Premium/Discount to List
$11,000
5.37%
Views
26
Current Estimated Value
$220,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,686
Avg. Annual Appreciation
1.60%
Original Mortgage
$172,800
Outstanding Balance
$170,296
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$50,390

Purchase Details

Closed on
Apr 15, 1999
Sold by
Placek Doris A
Bought by
Patel Vipul A and Patel Hasmita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.15%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 6, 1996
Sold by
Lee Eugene W and Lee Arline
Bought by
Placek Doris A
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ullah Rahim $216,000 None Listed On Document
Patel Vipul A $72,500 --
Placek Doris A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ullah Rahim $172,800
Previous Owner Patel Vipul A $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $216,000 +5.4% $196 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $205,000 -- $186 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $2,883 $19,707 $2,569 $17,138
2024 $2,883 $13,607 $2,116 $11,491
2023 $2,767 $13,607 $2,116 $11,491
2022 $2,767 $13,607 $2,116 $11,491
2021 $2,381 $11,186 $1,435 $9,751
2020 $2,408 $11,186 $1,435 $9,751
2019 $2,436 $12,517 $1,435 $11,082
2018 $1,381 $8,036 $1,284 $6,752
2017 $1,377 $8,036 $1,284 $6,752
2016 $1,530 $8,036 $1,284 $6,752
2015 $1,518 $7,698 $1,133 $6,565
2014 $1,518 $7,698 $1,133 $6,565
2013 $1,461 $7,698 $1,133 $6,565
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12147176

Midwest Real Estate Data (MRED)

APN: 07-27-102-020-1364

Your Personal Tour Guide

Ask me questions while you tour the home.