NOT LISTED FOR SALE

Estimated Value: $196,000 - $240,000

2 Beds
2 Baths
1,100 Sq Ft
$384/mo HOA Fee

Last Sold December 30, 2015

Last sale price $115,000 $105 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,900/month

91 Days on Market

Highlights

  • In Ground Pool
  • Landscaped Professionally
  • Main Floor Bedroom
  • Elk Grove High School Rated A
  • Lock-and-Leave Community
  • Party Room

About This Home

As of December 2015

This beautifully renovated 2 bed, 2 bath home is located in the desirable Elk Grove Village and offers new kitchen with granite counter tops, prime-brand stainless steel appliances, new bathrooms, new premium wood laminate floors throughout, and plenty of storage. The inviting foyer leads to a bright and airy living room combined with dining room and sliding door that opens to a large patio. Master suite for king and queen, features remodeled master bath with soaking tub, and a walk-in closet. ALL brick exterior, superbly managed, quiet owner occupied building boasts professional landscaping, concrete patio that's perfect for BBQ's, 2 parking spaces, and short distance to forest preserve, shopping, library, entertainment center with movie theater and restaurants. Association fee covers gas heat, central air maintenance twice a year, water, cooking gas , pool, social room, tennis courts and private lake. Resort-like home, ready for you to move into and enjoy!!!

Last Agent to Sell the Property

Tania Mihaylova

Coldwell Banker Realty License #475137036 Listed on: 09/15/2015

Coldwell Banker Realty

Last Buyer's Agent

Tania Mihaylova

Coldwell Banker Realty License #475137036 Listed on: 09/15/2015

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1974

Lot Details

  • Landscaped Professionally

HOA Fees

  • $384 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Entrance Foyer
  • Storage
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Soaking Tub

Parking

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

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Salt Creek Elementary School
  • Grove Junior High School
  • Elk Grove High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 98 Units
  • Kelsey Or Sal Association, Phone Number (847) 228-0555
  • Village On The Lake Subdivision
  • Property managed by Rowell Management
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Party Room
  • Coin Laundry
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,224

Year Built

Built in 1974

Lot Details

0

HOA Fees

$384 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Village on the Lake
  • Year Built: 1974
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Storage
  • LivingArea: 1100
  • Room Type: Balcony/Porch/Lanai, Foyer, Walk In Closet
  • Stories Total: 5
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm,L-shaped
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, In Ground Pool
  • List Price: 117900
  • Lot Features: Landscaped
  • OtherStructures: Tennis Court(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 384
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Party Room, Pool, Security Door Lock(s), Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Management Company: Rowell Management
  • Management Contact Name: Kelsey or Sal
  • Management Phone: 847-228-0555
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: SALT CREEK ELEMENTARY SCHOOL
  • High School: ELK GROVE HIGH SCHOOL
  • Middle/Junior School: GROVE JUNIOR HIGH SCHOOL
  • Middle/Junior School District: 59

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1224
  • Tax Year: 2014
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2017
Sold by
Martinez Victor and Martinez Cynthia
Bought by
Lopez Jesus and Lopez Daniel
Current Estimated Value
$224,560

Purchase Details

Listed on
Sep 15, 2015
Closed on
Dec 21, 2015
Sold by
Petrov Krasimir
Bought by
Martinez Cynthia and Martinez Victor
Seller's Agent
Tania Mihaylova
Coldwell Banker Realty
Buyer's Agent
Tania Mihaylova
Coldwell Banker Realty
List Price
$117,900
Sold Price
$115,000
Premium/Discount to List
-$2,900
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 25, 2015
Sold by
Bank Of America Na
Bought by
Petrov Krasimir
Seller's Agent
Steve Malik
RE/MAX Professionals Select
Buyer's Agent
Emilia Ivanova
Coldwell Banker Realty
List Price
$94,900
Sold Price
$77,000
Premium/Discount to List
-$17,900
-18.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
148.84%
Original Mortgage
$50,000
Interest Rate
4.01%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 29, 2015
Sold by
Rivera Elsa and Case #10 Ch 27131
Bought by
Bank Of America Na

Purchase Details

Closed on
May 24, 2002
Sold by
Karafili Agron and Karafili Hanushe
Bought by
Rivera Elsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.95%

Purchase Details

Closed on
Jun 30, 1999
Sold by
Carter A Jean and A Jean Carter Declaration Of T
Bought by
Karafili Agron and Karafili Hanushe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,950
Interest Rate
7.29%

Purchase Details

Closed on
Aug 10, 1998
Sold by
Carter A Jean and Carter Arlyss Jean
Bought by
Carter A Jean and The A Jean Carter Declaration
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
Lopez Jesus $130,000 Attorney
Martinez Cynthia $115,000 Attorney
Petrov Krasimir $77,000 Servicelink Llc
Bank Of America Na -- None Available
Rivera Elsa $142,000 Premier Title
Karafili Agron $110,000 Chicago Title Insurance Co
Carter A Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petrov Krasimir $50,000
Previous Owner Rivera Elsa $140,000
Previous Owner Rivera Elsa $50,000
Previous Owner Rivera Elsa $168,700
Previous Owner Rivera Elsa $55,500
Previous Owner Rivera Elsa $22,000
Previous Owner Araujo John $103,000
Previous Owner Rivera Elsa $43,000
Previous Owner Latorre David $116,000
Previous Owner Rivera Elsa $102,000
Previous Owner Karafili Agron $87,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2015 12/30/15 Sold $115,000 -2.5% $105 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
12/04/2015 12/04/15 For Sale $117,900 0.0% $107 / Sq Ft
11/04/2015 11/04/15 Pending -- -- --
11/04/2015 11/04/15 Price Changed $117,900 -4.1% $107 / Sq Ft
10/07/2015 10/07/15 Price Changed $122,900 -3.2% $112 / Sq Ft
10/01/2015 10/01/15 Price Changed $126,900 -0.8% $115 / Sq Ft
09/15/2015 09/15/15 For Sale $127,900 +66.1% $116 / Sq Ft
07/24/2015 07/24/15 Sold $77,000 -9.9% $81 / Sq Ft
06/10/2015 06/10/15 Price Changed $85,500 +11.0% $90 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
05/01/2015 05/01/15 Off Market $77,000 -- --
04/27/2015 04/27/15 For Sale $94,900 -- $100 / 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 $3,624 $14,270 $278 $13,992
2023 $3,487 $14,270 $278 $13,992
2022 $3,487 $14,270 $278 $13,992
2021 $2,647 $9,534 $171 $9,363
2020 $2,550 $9,534 $171 $9,363
2019 $2,598 $10,671 $171 $10,500
2018 $2,353 $8,579 $147 $8,432
2017 $1,417 $8,579 $147 $8,432
2016 $1,547 $8,579 $147 $8,432
2015 $1,227 $7,204 $130 $7,074
2014 $1,224 $7,204 $130 $7,074
2013 $1,276 $7,575 $130 $7,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09039707

Midwest Real Estate Data (MRED)

APN: 08-32-101-015-1003