NOT LISTED FOR SALE

Estimated Value: $371,000 - $427,000

2 Beds
2.5 Baths
-- Sq Ft
$330/mo HOA Fee

Last Sold February 15, 2024

Last sale price $385,000

Est. 4% increase in value since last sale

Current estimated payment $3,106/month

3 Days on Market

Highlights

  • Loft
  • 2 Car Attached Garage
  • Dogs and Cats Allowed
  • Everett Dirksen Elementary School Rated A-
  • Central Air
  • 4-minute walk to Veterans Gateway Park

About This Home

As of February 2024

Must-see, Rarely available 2-story townhome in the Olde Schaumburg Neighborhood just northeast of the town square clock tower. This property features a main floor Primary bedroom with an updated en suite. The 2nd floor bedroom, full bath with newer skylight and large loft space are perfect for a guest room and office or could be modified to be a 3rd bedroom. The light and bright main floor has 9' ceilings. The kitchen and dining area open to a patio door and balcony overlooking a common green space. The 2-story family room is full of natural light adding to the overall welcoming feeling throughout the home. The unfinished basement features a bathroom rough-in and is just waiting for you to finish and create even more living space. Walking distance to restaurants, shopping, the Schaumburg Library and Schaumburg Golf Club and highly rate Schaumburg schools!

Last Agent to Sell the Property

Lynn Hayes

Berkshire Hathaway HomeServices American Heritage License #475135273 Listed on: 01/10/2024

Berkshire Hathaway HomeServices American Heritage

Co-Listed By

Kimberly Strom

Berkshire Hathaway HomeServices American Heritage License #475164152

Last Buyer's Agent

Michael Harris

Baird & Warner License #475150028

Baird & Warner

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,429

Year Built

  • Built in 2000

Lot Details

  • 4.1

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Loft
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Dirksen Elementary School
  • Robert Frost Junior High School
  • J B Conant High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 8 Units
  • Association Phone (847) 301-1133
  • Property managed by Real Manage

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,429

Year Built

Built in 2000

Lot Details

0

HOA Fees

$330 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • 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, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Room Type: Loft
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 375000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 330
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Real Manage
  • Management Contact Name: PM
  • Management Phone: 847-301-1133
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Dirksen Elementary School
  • High School: J B Conant High School
  • Middle/Junior School: Robert Frost Junior High School
  • Middle/Junior School District: 54

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6429
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Feb 9, 2024
Sold by
Richard J Shaftic Trust
Bought by
Masti Solosanya M and Ramegowda Shankarappa
Seller's Agent
Lynn Hayes
Berkshire Hathaway HomeServices American Heritage
Buyer's Agent
Michael Harris
Baird & Warner
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%
Total Days on Market
3
Views
31
Current Estimated Value
$399,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,042
Avg. Annual Appreciation
2.79%
Original Mortgage
$365,750
Outstanding Balance
$361,071
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$37,971

Purchase Details

Closed on
Mar 7, 2019
Sold by
Shaftic Richard J
Bought by
Declaration Shaftic Richard J and Richard J Shaftic Declaration Of Trust

Purchase Details

Closed on
Feb 3, 1998
Sold by
First Bank & Trust Company
Bought by
Shaftic Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,164
Interest Rate
7.12%
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 Buyer Sale Price Title Company
Masti Solosanya M $385,000 None Listed On Document
Declaration Shaftic Richard J -- Attorney
Shaftic Richard J $218,000 Land Title Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masti Solosanya M $365,750
Previous Owner Shaftic Richard J $148,750
Previous Owner Shaftic Richard J $154,500
Previous Owner Shaftic Richard J $165,977
Previous Owner Shaftic Richard J $174,164
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $385,000 +2.7% --
01/14/2024 01/14/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $375,000 -- --
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 $6,429 $27,087 $2,107 $24,980
2023 $6,429 $27,087 $2,107 $24,980
2022 $6,429 $27,087 $2,107 $24,980
2021 $5,142 $22,959 $1,492 $21,467
2020 $5,176 $22,959 $1,492 $21,467
2019 $5,255 $25,780 $1,492 $24,288
2018 $4,888 $22,470 $1,228 $21,242
2017 $4,843 $22,470 $1,228 $21,242
2016 $5,024 $22,470 $1,228 $21,242
2015 $4,599 $19,870 $1,141 $18,729
2014 $4,576 $19,870 $1,141 $18,729
2013 $4,429 $19,870 $1,141 $18,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11957057

Midwest Real Estate Data (MRED)

APN: 07-22-210-008-1022