NOT LISTED FOR SALE

741 Edgelake Point Unit 69C Schaumburg, IL 60194

East Schaumburg Neighborhood

Estimated Value: $227,000 - $302,000

2 Beds
1.5 Baths
1,100 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $185,000 $168 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,766/month

Highlights

  • End Unit
  • Corner Lot
  • Enclosed patio or porch
  • Everett Dirksen Elementary School Rated A-
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of July 2024

FULLY REMODELED TOWNHOME first time on the market! Be the first one to enjoy a brand new rental. This 2 BR 1.1 bath 2 story unit is close to the park, clubhouse amenities. It has all new flooring throughout on both levels for easy cleaning. The remodeled baths have new vanities & new light fixtures. The unit has brand new windows & patio door leading to a private patio. The newly remodeled kitchen has brand new cabinets, new stove, SS refrigerator & dishwasher. It has new granite counters & bar, & eating area leads to the patio. The big BR has a walk in closet, & 2nd BR connects to the main remodeled full bath on the 2nd floor. There is convenient powder room on the first floor & laundry is located in the one car garage. NO PETS NO SMOKING, owner is a licensed real estate broker. NOTE: Minimum credit score of 700 required. Please download lease application form and addendums from drop down MLS box on right. One month security deposit, one month's rent plus $300 none refundable move in fee required to rent. One year minimum lease required.

Last Agent to Rent the Property

Maria Wildoer

Realty Executives Advance License #475107929 Listed on: 07/11/2024

Realty Executives Advance

Last Renter's Agent

Tatiana Petrov

Pavlova Properties License #475211468

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,716

Year Built

  • Built in 1977 | Remodeled in 2024

Lot Details

  • End Unit
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Quadruplex
  • Slab Foundation
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Combination Kitchen and Dining Room
  • Laminate Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • No Tub in Bathroom

Laundry

  • Laundry on main level
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch

Utilities

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

Listing and Financial Details

  • Security Deposit $2,400
  • Property Available on 7/10/24
  • Rent includes parking, exterior maintenance, lawn care, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 4 Units
  • Association Phone (847) 490-3833
  • Dunbar Lakes Subdivision
  • Property managed by Associa Chicagoland

Recreation

  • Community Pool
  • Park

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,716

Year Built

Built in 1977 | Remodeled in 2024

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-07-10
  • Lease Term: 12 Months
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 2400
  • Security Deposit: 2400
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Quad-2 Story
  • Property Sub-Type: Attached
  • Subdivision Name: Dunbar Lakes
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2024
  • ResoPropertyType: ResidentialLease
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: No
  • Interior Amenities: Wood Laminate Floors, First Floor Laundry, Some Window Treatment
  • LivingArea: 1100
  • Room Type: Enclosed Porch
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Bathroom Amenities: No Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: Blinds
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 2400
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Garage
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Park, Pool
  • Rent Includes: Parking, Exterior Maintenance, Lawn Care, Snow Removal
  • Management: Manager Off-site
  • Management Company: Associa Chicagoland
  • Management Phone: 847-490-3833

Schools

  • Middle/Junior School District: 54

Lot Info

  • Lot Dimensions: CONDO

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Apr 21, 2022
Sold by
Erukulla Mahesh
Bought by
Pascual-Wildoer Maria T
Seller's Agent
Sairavi Suribhotla
Keller Williams Infinity
Buyer's Agent
Maria Wildoer
Realty Executives Advance
Sold Price
$185,000
Current Estimated Value
$250,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,720
Avg. Annual Appreciation
9.62%
Original Mortgage
$171,950
Outstanding Balance
$164,222
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$86,498

Purchase Details

Listed on
Jan 3, 2022
Closed on
Apr 8, 2022
Sold by
Erukulla Mahesh
Bought by
Wilder Maria P
Seller's Agent
Sairavi Suribhotla
Keller Williams Infinity
Buyer's Agent
Maria Wildoer
Realty Executives Advance
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,950
Outstanding Balance
$164,222
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$86,498

Purchase Details

Listed on
May 1, 2014
Closed on
Jul 28, 2014
Sold by
Fannie Mae
Bought by
Adinarayana Erukulla Mahesh and Adinarayana Medempudi
Seller's Agent
Franklin Schilaci
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Haresh Tulsiani
One Stop Realty Services, LLC
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$93,700
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2014
Sold by
Varghese Shibu and Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 18, 2003
Sold by
Letsos Jim and Letsos Timoleon J
Bought by
Varghese Shibu and Varghese Midhu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 1999
Sold by
Wolodkowicz Dariusz and Wolodkowicz Dorota
Bought by
Letsos Timoleon J and Letsos Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.04%

Purchase Details

Closed on
Jun 9, 1993
Sold by
Abbas Naeem and Abbas Nikhat
Bought by
Wolodkowicz Dariusz and Wolodkowicz Dorota

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
7.26%
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

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Rented $2,400 0.0% --
07/11/2024 07/11/24 For Rent $2,400 0.0% --
04/19/2022 04/19/22 Sold $185,000 +6.0% $218 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
02/13/2022 02/13/22 For Sale -- -- --
01/25/2022 01/25/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $174,500 +39.6% $205 / Sq Ft
07/31/2014 07/31/14 Sold $125,000 -3.8% $147 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $129,900 -- $153 / 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 $4,716 $16,838 $5,645 $11,193
2023 $4,574 $16,838 $5,645 $11,193
2022 $4,574 $16,838 $5,645 $11,193
2021 $4,090 $13,496 $7,232 $6,264
2020 $4,020 $13,496 $7,232 $6,264
2019 $4,022 $15,004 $7,232 $7,772
2018 $3,000 $9,997 $6,085 $3,912
2017 $2,953 $9,997 $6,085 $3,912
2016 $2,761 $9,997 $6,085 $3,912
2015 $2,954 $9,875 $5,292 $4,583
2014 $2,922 $9,875 $5,292 $4,583
2013 $2,847 $9,875 $5,292 $4,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12107596

Midwest Real Estate Data (MRED)

APN: 07-23-103-009-1047