$185,000
SOLD APR 19, 2022

741 Edgelake Point Unit 69C Schaumburg, IL 60194

East Schaumburg Neighborhood
2 Beds
1.5 Baths
850 Sq Ft
$309/mo HOA Fee

Recently Sold

$218 Per Sq Ft

64 Days on Market

Highlights

  • 1 Car Attached Garage
  • Patio
  • Forced Air Heating System
  • Everett Dirksen Elementary School Rated A-
  • Living Room
  • Dining Room

About This Home

As of April 2022

Outstanding 2 bedroom 1.1 bath two story unit that features a 1 car garage, clubhouse, pool that is zoned for Conant High School and just minutes from expressways and major shopping. New carpet in living/family room, New tiles in kitchen and dining area, new kitchen sink and cabinets, new sink and toilet in powder room, new toilet in Main Bathroom, new drywall garage and freshly painted first floor and garage. A/C, Heating system and water heater installed in 2014. Current Tenants will leave with 2 months notice. Investors welcome.

Last Agent to Sell the Property

Sairavi Suribhotla

Keller Williams Infinity License #475172825 Listed on: 01/03/2022

Keller Williams Infinity

Co-Listed By

Raj Potluri

Keller Williams Infinity License #475193613

Last Buyer's Agent

Maria Wildoer

Realty Executives Advance License #475107929

Realty Executives Advance

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,020

Year Built

  • Built in 1977

HOA Fees

  • $309 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Aluminum Siding

Interior Spaces

  • 850 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Second Floor Utility Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • Dunbar Association, Phone Number (630) 620-1133
  • Chelsea
  • Property managed by ACM COMMUNITY ASSOCIATION

Pet Policy

  • Pets up to 99 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,020

Year Built

Built in 1977

Lot Details

0

HOA Fees

$309 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 850
  • Room Type: Utility Room-2nd Floor
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 174500
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 309
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: ACM COMMUNITY ASSOCIATION
  • Management Contact Name: DUNBAR ASSOCIATION
  • Management Phone: 630-620-1133
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 54

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 99

Tax Info

  • Tax Annual Amount: 4020.11
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 1

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

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Range of Values:

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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: 11296999

Midwest Real Estate Data (MRED)

APN: 07-23-103-009-1047