NOT LISTED FOR SALE

7351 Iris Ave Unit 2 Hanover Park, IL 60133

Estimated Value: $298,000 - $377,000

3 Beds
2 Baths
1,324 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $155,000 $117 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,507/month

4 Days on Market

Highlights

  • Ranch Style House
  • Bonus Room
  • Attached Garage
  • Bartlett High School Rated A-
  • Fenced Yard
  • Soaking Tub

About This Home

As of May 2014

Lovely 3 bedroom ranch in Hanover Park, very close to all of the amenities of Barrington Road and Schaumburg. This home features a very large Master bedroom and two other other good sized bedrooms and a second full bathroom. The Living Room offers great space and a lot of natural light. Also included is a nice 3 Season Room to use for a workout room, game room or other recreational uses.

Last Agent to Sell the Property

Gary Lucido

Lucid Realty, Inc. License #471004524 Listed on: 04/16/2014

Co-Listed By

Eddie Nusinow

Lucid Realty, Inc.

Last Buyer's Agent

Maureen Hale

Midwest Real Estate, Inc. License #475128214

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,145

Year Built

  • 1972

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Bonus Room
  • Patio

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,145

Year Built

1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1972
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Interior Property Features: 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X16, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Refrigerator, Washer, Dryer, Disposal
  • Attic: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Soaking Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X8, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Dimensions: 10X12, On Level: Main Level, Flooring: Vinyl, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Bonus
  • Master Bedroom: Dimensions: 14X15, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Bonus, Dimensions: 10X15, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 10X15, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1324

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: W (West)
  • Acreage: 0.2066

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 46
  • Elementary School: LAUREL HILL ELEMENTARY SCHOOL
  • Middle School: TEFFT MIDDLE SCHOOL
  • High School: STREAMWOOD HIGH SCHOOL
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 75 X 120
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 06254150370000

Tax Info

  • Taxes: 5834.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2014
Closed on
May 29, 2014
Sold by
Polakowski Lynne A and Polakowski Dennis
Bought by
Krell Timothy P
Seller's Agent
Gary Lucido
Lucid Realty, Inc.
Buyer's Agent
Maureen Hale
Midwest Real Estate, Inc.
List Price
$152,850
Sold Price
$155,000
Premium/Discount to List
$2,150
1.41%
Current Estimated Value
$343,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,481
Avg. Annual Appreciation
7.26%
Original Mortgage
$111,000
Outstanding Balance
$84,429
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$259,052

Purchase Details

Closed on
Oct 30, 1998
Sold by
Polakowski Lynne A
Bought by
Polakowski Lynne A and Polakowski Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.68%

Purchase Details

Closed on
Oct 12, 1998
Sold by
Murdock Adam A
Bought by
Polakowski Lynne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.68%

Purchase Details

Closed on
Nov 27, 1996
Sold by
Brancato James L and Brancato Adrienne L
Bought by
Murdock Adam A and Polakowski Lynne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,520
Interest Rate
7.94%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 1995
Sold by
Brancato James L
Bought by
Brancato James L and Miotus Adrienne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
7.76%
Source: Public Records

Range of Values:

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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
Krell Timothy P $232,500 Ct
Polakowski Lynne A -- Chicago Title Insurance Co
Polakowski Lynne A -- --
Murdock Adam A $122,000 1St American Title
Brancato James L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krell Timothy P $111,000
Previous Owner Polakowski Lynne A $119,000
Previous Owner Murdock Adam A $114,520
Previous Owner Brancato James L $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $155,000 +1.4% $117 / Sq Ft
04/20/2014 04/20/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $152,850 -- $115 / 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 $8,145 $29,000 $4,500 $24,500
2023 $7,901 $29,000 $4,500 $24,500
2022 $7,901 $29,000 $4,500 $24,500
2021 $5,883 $18,832 $3,150 $15,682
2020 $5,922 $18,832 $3,150 $15,682
2019 $5,896 $20,925 $3,150 $17,775
2018 $5,854 $18,990 $2,700 $16,290
2017 $5,820 $18,990 $2,700 $16,290
2016 $6,669 $18,990 $2,700 $16,290
2015 $6,007 $15,676 $2,475 $13,201
2014 $4,924 $15,676 $2,475 $13,201
2013 $5,156 $16,811 $2,475 $14,336
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Gary Lucido

    Lucid Realty, Inc.

    Section Image

  • E

    Seller Co-Listing Agent in 2014

    Eddie Nusinow

    Lucid Realty, Inc.

  • Maureen Hale

    Buyer's Agent in 2014

    Maureen Hale

    Midwest Real Estate, Inc.

    (630) 300-8955

    1 in this area

    100 Total Sales

    Maureen Hale
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08586792

Midwest Real Estate Data (MRED)

APN: 06-25-415-037-0000

Illinois Cook County Hanover Park 60133

7351 Iris Ave Unit 2, Hanover Park, IL

This home is located at 7351 Iris Ave Unit 2, Hanover Park, IL 60133 since 16 April 2014 and is currently estimated at $343,481, approximately $259 per square foot. This property was built in 1972. 7351 Iris Ave Unit 2 is a home located in Cook County with nearby schools including Laurel Hill Elementary School, Tefft Middle School, and Bartlett High School.

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