NOT LISTED FOR SALE

7563 Sarson Way Hanover Park, IL 60133

Estimated Value: $266,000 - $278,000

3 Beds
2 Baths
1,176 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 29, 2015

Last sale price $93,000 $79 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $2,038/month

6 Days on Market

Highlights

  • Attached Garage
  • Forced Air Heating and Cooling System
  • Southern Exposure
  • Jane Addams Junior High School Rated A

About This Home

As of July 2015

REO - BANK OWNED.PROPERTY SOLD "AS IS" WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE. "SELLER WILL NOT ACTIVATE ANY UTILTIES" ..CASH & CONVENTIONAL OFFERS

Last Agent to Sell the Property

Cheryl Rabin

Realhome Services & Solutions, Inc. License #471002039 Listed on: 06/11/2015

Last Buyer's Agent

Andy Dadlani

Realcom Realty, Ltd License #471009869

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,681

Year Built

  • 1978

Lot Details

  • 2,047

HOA Fees

  • $206 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Utilities

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

Additional Features

  • North or South Exposure
  • Southern Exposure

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,681

Year Built

1978

Lot Details

0

HOA Fees

$206 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1978
  • Type Attached: Townhouse-2 Story
  • Special Features: 20
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 22X12, On Level: Main Level
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X9, On Level: Main Level
  • Dining Room: Dimensions: 10X10, On Level: Main Level
  • Kitchen Type: Dimensions: 13X9, On Level: Main Level
  • Master Bedroom: Dimensions: 12X12, On Level: 2nd Level
  • Additional Room 1 Name: Other, Dimensions: 10X9, On Level: Main Level
  • Bedroom 2: Dimensions: 11X9, On Level: 2nd Level
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level
  • Estimated Sq Ft: 1176
  • Family Room: Dimensions: 20X13, On Level: Lower

Exterior Features

  • Exterior Building Type: Aluminum Siding, Brick
  • Exposure: N (North), 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
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • 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: 206
  • Management Contact Name: Olde Salem Homeowners
  • Management Phone: 847-985-6464X1111

Fee Information

  • Management Company: Olde Salem Homeowners Association

Schools

  • School District: 211
  • Junior High Dist: 54

Lot Info

  • Lot Dimensions: 2024
  • Parcel Identification Number: 07293110420000

Multi Family

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

Tax Info

  • Taxes: 2433.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2015
Closed on
Jul 8, 2015
Sold by
U S Bank Na
Bought by
Malick Arif M
Seller's Agent
Cheryl Rabin
Realhome Services & Solutions, Inc.
Buyer's Agent
Andy Dadlani
Realcom Realty, Ltd
List Price
$85,860
Sold Price
$93,000
Premium/Discount to List
$7,140
8.32%
Current Estimated Value
$272,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,066
Avg. Annual Appreciation
11.11%
Original Mortgage
$74,400
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 10, 2014
Sold by
Patel Dilip M
Bought by
U S Bank Na

Purchase Details

Closed on
Jul 22, 1999
Sold by
Dussard Ransford E and Dussard Octavia D
Bought by
Patel Dilip M and Patel Niketa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,831
Interest Rate
7.77%
Mortgage Type
FHA
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

Purchase History

Date Buyer Sale Price Title Company
Malick Arif M $93,000 Premium Title Services Inc
U S Bank Na -- None Available
Patel Dilip M $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malick Arif M $74,400
Previous Owner Patel Dilip M $109,831
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2015 07/29/15 Sold $93,000 +8.3% $79 / Sq Ft
06/19/2015 06/19/15 Price Changed $85,860 -7.7% $73 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
06/11/2015 06/11/15 Off Market $93,000 -- --
06/11/2015 06/11/15 For Sale $85,860 -- $73 / 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 $4,681 $18,000 $3,000 $15,000
2023 $4,507 $18,000 $3,000 $15,000
2022 $4,507 $18,000 $3,000 $15,000
2021 $3,382 $12,840 $2,934 $9,906
2020 $3,415 $12,840 $2,934 $9,906
2019 $3,471 $14,427 $2,934 $11,493
2018 $3,173 $12,348 $2,479 $9,869
2017 $3,144 $12,348 $2,479 $9,869
2016 $3,243 $12,348 $2,479 $9,869
2015 $2,557 $9,792 $2,074 $7,718
2014 $2,530 $9,792 $2,074 $7,718
2013 $2,433 $9,792 $2,074 $7,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08950456

Midwest Real Estate Data (MRED)

APN: 07-29-311-042-0000