$193,500
SOLD DEC 6, 2024

7646 Manchester Manor Hanover Park, IL 60133

2 Beds
1.5 Baths
850 Sq Ft
$232/mo HOA Fee

Recently Sold

$228 Per Sq Ft

11% Above List Price

8 Days on Market

Highlights

  • Clubhouse
  • Recreation Room
  • Community Pool
  • Jane Addams Junior High School Rated A
  • Vaulted Ceiling
  • Formal Dining Room

About This Home

As of December 2024

Welcome to this charming townhome in the desirable Olde Salem subdivision of Hanover Park, offering great potential for both investors and first-time buyers! This home features good bones and provides the perfect opportunity to fix it up as you go. With three floors of living space, you'll have plenty of room to make it your own. The basement includes a laundry room with additional storage, as well as an extra room that can be used as a bedroom or home office. There are also two uncovered parking spots for your convenience. This is the lowest priced unit in the subdivision. No FHA buyers, please. The home boasts updated flooring on the first level, which spans the living room, dining room, and kitchen, adding a fresh touch to the main living areas. The mechanicals have been well-maintained, including a 2-year-old sump pump, 9-year-old water heater, and 6-year-old furnace, ensuring a solid foundation for your future improvements. Located in the Schaumburg School District, this townhome offers access to excellent schools. Community amenities include a clubhouse, outdoor pool, and playground, providing plenty of opportunities for recreation and relaxation. The monthly assessments are 232 and cover parking, common insurance, clubhouse access, pool use, exterior maintenance, lawn care, scavenger services, and snow removal. Please note that all photos are virtually staged, helping you envision the full potential of this home. Don't miss out on this opportunity to create your perfect space!

Last Agent to Sell the Property

Richard Mell

Coldwell Banker Realty License #471002698 Listed on: 10/23/2024

Coldwell Banker Realty

Last Buyer's Agent

Dawn Larsen

Baird & Warner License #475137942

Baird & Warner

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,725

Year Built

  • Built in 1975

HOA Fees

  • $232 Monthly HOA Fees

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 850 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Loft
  • Storage Room

Kitchen

  • Range
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Patio
  • Lot Dimensions are 72x22x72x22

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include parking, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 9 Units
  • Jennifer@Oldesalemhoa.Com Association, Phone Number (630) 855-3274
  • Olde Salem Subdivision
  • Property managed by Olde Salem HOA

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Park

Pet Policy

  • Limit on the number of pets

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,725

Year Built

Built in 1975

Lot Details

0

HOA Fees

$232 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Olde Salem
  • Year Built: 1975
  • 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: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Wood Laminate Floors, Laundry Hook-Up in Unit
  • LivingArea: 850
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Room Type: Loft, Recreation Room, Storage
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 175000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Number Limit
  • Association Fee: 232
  • Association Amenities: Park, Pool, Clubhouse
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Olde Salem HOA
  • Management Contact Name: Jennifer@oldesalemhoa.com
  • Management Phone: 630-855-3274
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Parking, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 54

Lot Info

  • Lot Dimensions: 72X22X72X22
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3725
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Dec 2, 2024
Sold by
Carbonelli Louis R
Bought by
Mujkanovic Zilhad and Mujkanovic Azemina
Seller's Agent
Richard Mell
Coldwell Banker Realty
Buyer's Agent
Dawn Larsen
Baird & Warner
List Price
$175,000
Sold Price
$193,500
Premium/Discount to List
$18,500
10.57%
Views
80
Current Estimated Value
$201,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,243
Avg. Annual Appreciation
5.80%
Original Mortgage
$187,695
Outstanding Balance
$186,545
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$15,198

Purchase Details

Listed on
Oct 25, 2016
Closed on
Feb 3, 2017
Sold by
Radice Laurene M
Bought by
Carbonelli Louis R
Seller's Agent
Mary Stevens
Schiro Realty Services, Inc
Buyer's Agent
Nancy Case
RE/MAX Suburban
List Price
$137,900
Sold Price
$138,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$135,500
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2007
Sold by
Mack Michael S and Mack Kristin N
Bought by
Radice Laurene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,800
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 13, 2005
Sold by
Mack Michael S
Bought by
Mack Michael S and Mack Kristin N

Purchase Details

Closed on
Jul 23, 2003
Sold by
Harris Trust & Savings Bank
Bought by
Mack Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,899
Interest Rate
5.97%
Mortgage Type
FHA
Source: Public Records

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 $193,500 Fidelity National Title
Warranty Deed $138,000 Greater Illinios Title
Warranty Deed $165,000 Attorneys Title Guaranty Fun
Interfamily Deed Transfer -- --
Deed $134,000 Pntn
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $187,695 New Conventional
Previous Owner $6,327 New Conventional
Previous Owner $33,403 FHA
Previous Owner $135,500 FHA
Previous Owner $134,000 New Conventional
Previous Owner $131,800 Unknown
Previous Owner $24,660 Unknown
Previous Owner $131,899 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $193,500 0.0% $228 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
10/30/2024 10/30/24 Off Market $193,500 -- --
10/23/2024 10/23/24 For Sale $175,000 +26.8% $206 / Sq Ft
02/03/2017 02/03/17 Sold $138,000 +2.3% $115 / Sq Ft
01/10/2017 01/10/17 Pending -- -- --
12/06/2016 12/06/16 Price Changed $134,900 -2.2% $112 / Sq Ft
10/25/2016 10/25/16 For Sale $137,900 -- $115 / 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 $3,725 $15,000 $2,500 $12,500
2023 $3,580 $15,000 $2,500 $12,500
2022 $3,580 $15,000 $2,500 $12,500
2021 $3,389 $12,859 $2,378 $10,481
2020 $3,422 $12,859 $2,378 $10,481
2019 $4,561 $14,449 $2,378 $12,071
2018 $3,837 $10,776 $2,009 $8,767
2017 $2,593 $10,776 $2,009 $8,767
2016 $2,726 $10,776 $2,009 $8,767
2015 $2,284 $9,027 $1,681 $7,346
2014 $2,262 $9,027 $1,681 $7,346
2013 $2,173 $9,027 $1,681 $7,346
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12194672

Midwest Real Estate Data (MRED)

APN: 07-30-417-032-0000