NOT LISTED FOR SALE

748 Edgelake Point Unit 66C Schaumburg, IL 60194

East Schaumburg Neighborhood

Estimated Value: $236,000 - $278,000

2 Beds
2 Baths
1,100 Sq Ft
$216/mo HOA Fee

Last Sold January 22, 2016

Last sale price $130,000 $118 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,943/month

42 Days on Market

Highlights

  • Attached Garage
  • Everett Dirksen Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of January 2016

WELCOME TO HOME SWEET TOWNHOME . CHARMING AND DELIGHTFUL PLUS ....PRICED TO SELL THIS 2 STORY TOWNHOUSE STYLE IN DUNBAR LAKES HAS A NEW FACE . THIS TOWNHOME HAS BEEN BEEN FRESHLY PAINTED PLUS HAS NEW CARPET IT ALSO HAS PERGO FLOORS AND A LARGE PATIO. THIS 2 BEDRROM 1.1 BATHS PLUS A 1 CAR ATTACHED GAR IS LOCATED NEAR WOODFIELD MALL PLUS LOCATED CLOSE TO MASS TRANSIT TO GET DOWNTOWN AND YOU CAN WALK TO HIGH SCHOOL (DISTRICT 211) . THIS IS READY TO MOVE INTO TODAY .

Last Listed By

Cathy Barbaccia

Partners Real Estate of IL License #475135944 Listed on: 10/27/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,644

Year Built

  • 1977

Lot Details

  • 4.6

HOA Fees

  • $216 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Laundry

  • Washer and Dryer Hookup

Home Security

Utilities

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

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,644

Year Built

1977

Lot Details

0

HOA Fees

$216 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: 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: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Interior Property Features: Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 22X13, On Level: Main Level, Flooring: Wood Laminate
  • Basement: Slab
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 9X8, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 9X8, On Level: Main Level, Flooring: Wood Laminate
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1100
  • Dining Room Type: L-shaped

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Storms/Screens

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Park/Playground, Pool-Outdoors
  • Assessment Includes: Common Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 216
  • Management Contact Name: office
  • Management Phone: 847-517-4400

Fee Information

  • Management Company: Alma Properties

Schools

  • School District: 211
  • Junior High Dist: 54

Lot Info

  • Parcel Identification Number: 07231030091035

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 2

Tax Info

  • Taxes: 2161.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2015
Closed on
Jan 13, 2016
Sold by
Fannie Mae
Bought by
Balkanski Borislav
Seller's Agent
Cathy Barbaccia
Partners Real Estate of IL
Buyer's Agent
Yordan Dimitrov
Runway Realty Inc
List Price
$142,900
Sold Price
$130,000
Premium/Discount to List
-$12,900
-9.03%
Total Days on Market
42
Current Estimated Value
$254,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,192
Avg. Annual Appreciation
7.20%
Original Mortgage
$97,600
Outstanding Balance
$8,469
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$240,643

Purchase Details

Closed on
May 27, 2015
Sold by
Varghese Shibu
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 27, 2006
Sold by
Mathews Annamma
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
$130,000
Interest Rate
6.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 18, 2005
Sold by
Varghese Shibu and Varghese Midhu
Bought by
Mathews Anna Mma

Purchase Details

Closed on
Jul 29, 2002
Sold by
Fernandez Ramon A and Fernandez Gila G
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
$119,920
Interest Rate
6.54%

Purchase Details

Closed on
Mar 29, 1999
Sold by
Saba Selma and Saba Begin Selma
Bought by
Fernandez Ramon A and Fernandez Gila G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
6.94%

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

Purchase History

Date Buyer Sale Price Title Company
Balkanski Borislav -- First American Title
Federal National Mortgage Association -- Attorney
Varghese Shibu -- First American Title
Mathews Anna Mma -- --
Varghese Shibu $150,000 --
Fernandez Ramon A $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balkanski Borislav $97,600
Previous Owner Varghese Shibu $130,000
Previous Owner Varghese Shibu $128,000
Previous Owner Varghese Shibu $119,920
Previous Owner Fernandez Ramon A $92,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2016 01/22/16 Sold $130,000 +3.2% $118 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
11/27/2015 11/27/15 Price Changed $126,000 -11.8% $115 / Sq Ft
10/27/2015 10/27/15 For Sale $142,900 -- $130 / 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 $3,644 $16,838 $5,645 $11,193
2023 $3,644 $16,838 $5,645 $11,193
2022 $3,644 $16,838 $5,645 $11,193
2021 $3,081 $13,496 $7,232 $6,264
2020 $3,096 $13,496 $7,232 $6,264
2019 $3,102 $15,004 $7,232 $7,772
2018 $1,969 $9,997 $6,085 $3,912
2017 $2,953 $9,997 $6,085 $3,912
2016 $2,072 $9,997 $6,085 $3,912
2015 $2,169 $9,875 $5,292 $4,583
2014 $2,162 $9,875 $5,292 $4,583
2013 $2,089 $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: MRD09074301

Midwest Real Estate Data (MRED)

APN: 07-23-103-009-1035