$125,000
SOLD JUL 31, 2014

741 Edgelake Point Unit 69C Schaumburg, IL 60194

East Schaumburg Neighborhood
2 Beds
2 Baths
850 Sq Ft
$266/mo HOA Fee

Recently Sold

$147 Per Sq Ft

4% Below List Price

48 Days on Market

Highlights

  • Attached Garage
  • Patio
  • Southern Exposure
  • Everett Dirksen Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of April 2022

Outstanding 2 bedroom 1.1 bath two story unit that features a 1 car garage, clubhouse, pool, new carpet and has been freshly painted throughout. Zoned for Conant High School and just minutes from expressways and major shopping. TAXES 100%, Approved for a HP Renovation loan & HP financing! Buy for 5% down! Investor offers=MT=20. Submit offers through HomePath BUYER IS RESPONSIBLE FOR PREVIOUS 6 MONTHS HOA FEES

Last Agent to Sell the Property

Franklin Schilaci

Berkshire Hathaway HomeServices Starck Real Estate License #471001401 Listed on: 05/01/2014

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Haresh Tulsiani

One Stop Realty Services, LLC License #471017896

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,716

Year Built

  • 1977

HOA Fees

  • $266 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Second Floor Utility Room
  • Patio
  • Southern Exposure

Listing and Financial Details

  • $1,500 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,716

Year Built

1977

Lot Details

0

HOA Fees

$266 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1977
  • Type Attached: Townhouse-2 Story
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 22X13, On Level: Main Level
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 9X7, On Level: Main Level
  • Kitchen Type: Dimensions: 9X8, On Level: Main Level
  • Additional Rooms: Utility Room-2nd Floor
  • Master Bedroom: Dimensions: 16X11, On Level: 2nd Level
  • Additional Room 1 Name: Utility Room-2nd Floor, Dimensions: 3X5, On Level: 2nd Level
  • Bedroom 2: Dimensions: 11X11, On Level: 2nd Level
  • Estimated Sq Ft: 850

Exterior Features

  • Exterior Building Type: Aluminum Siding
  • Exterior Property Features: Patio
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Special Assessments: U
  • Assessment Association Fees: 266
  • Management Contact Name: Louanne
  • Management Phone: 847-517-4400

Fee Information

  • Management Company: Alma Property Management

Schools

  • School District: 211
  • Junior High Dist: 54

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 07231030091047

Multi Family

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

Tax Info

  • Taxes: 2993.56

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
9.68%
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

Similar Homes in the area

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 Type Sale Price Title Company
Warranty Deed $185,000 --
Warranty Deed $185,000 Chicago Title
Special Warranty Deed -- First American Title
Sheriffs Deed -- None Available
Warranty Deed $149,000 Cti
Warranty Deed $105,000 Professional National Title
Joint Tenancy Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $171,950 New Conventional
Previous Owner $93,700 New Conventional
Previous Owner $125,000 Unknown
Previous Owner $134,100 New Conventional
Previous Owner $65,000 No Value Available
Previous Owner $77,900 No Value Available
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: MRD08601566

Midwest Real Estate Data (MRED)

APN: 07-23-103-009-1047