NOT LISTED FOR SALE

9422 Bay Colony Dr Unit 1W Des Plaines, IL 60016

Estimated Value: $196,000 - $216,000

2 Beds
1 Bath
1,000 Sq Ft
$325/mo HOA Fee

Last Sold May 14, 2020

Last sale price $117,500 $118 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,726/month

13 Days on Market

Highlights

  • In Ground Pool
  • Landscaped Professionally
  • Pond
  • Maine East High School Rated A
  • Property is near a park
  • Breakfast Bar

About This Home

As of May 2020

DESIRABLE FIRST FLOOR ORIGINAL OWNER UNIT, PRICED FOR FAST SALE, INVESTOR FRIENDLY, PETS WELCOME, KITCHEN HAS MAPLE CABINETS, STAINLESS STEEL SINK, BATHROOM HAS NEWER MAPLE VANITY, NEWER HOT WATER HEATER, WALKING PATH AROUND BEAUTIFUL LAKE, OLYMPIC SIZE OUTDOOR POOL, KIDDIE POOL, CLUBHOUSE, WHIRLPOOL, SAUNA, TENNIS, BASKETBALL, PLAYGROUND, STORAGE AND LAUNDRY ON SAME FLOOR DIRECTLY ACROSS HALL, PATIO FACING COURTYARD, NOTE: DISHWASHER AND DISPOSAL AS-IS.

Last Agent to Sell the Property

Kenneth Welter

RE/MAX Properties Northwest License #475068657 Listed on: 03/02/2020

RE/MAX Properties Northwest

Last Buyer's Agent

Alam Chunawala

Coldwell Banker Realty License #475167665

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,899

Year Built

  • 1977

Lot Details

  • 18.57

HOA Fees

  • $325 per month

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Pond
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Landscaped Professionally
  • Property is near a park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,899

Year Built

1977

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Disability Access: Yes
  • Disability Access Details: Grab Bars in Bathroom(s)
  • Unit Floor Level: 1
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1977
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1977

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X14, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Disposal
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1000
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Pool In-Ground
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers, 60 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage, On Site Manager/Engineer, Park/Playground, Party Room, Pool-Outdoors, Tennis Court/s
  • Assessment Includes: Water, Parking, Common Insurance, Security, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Lake Rights
  • Assessment Association Fees: 325
  • Management Contact Name: LARRY BENNETT
  • Management Phone: 847-827-2924

Fee Information

  • Management Company: MILLCREST

Schools

  • School District: 207
  • Elementary School: North Elementary School
  • Middle School: Chippewa Middle School
  • High School: Maine East High School
  • Junior High Dist: 62

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Landscaped Professionally, Park Adjacent, Pond
  • Parcel Identification Number: 09162010331020

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
May 5, 2020
Sold by
Jackel Dorothea E and Jackel William E
Bought by
Hussain Waqas and Gaffar Maheen
Seller's Agent
Kenneth Welter
RE/MAX Properties Northwest
Buyer's Agent
Alam Chunawala
Coldwell Banker Realty
List Price
$129,500
Sold Price
$117,500
Premium/Discount to List
-$12,000
-9.27%
Current Estimated Value
$203,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,226
Avg. Annual Appreciation
9.97%
Original Mortgage
$88,000
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Hussain Waqas $117,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hussain Waqas $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2020 05/14/20 Sold $117,500 -9.3% $118 / Sq Ft
03/15/2020 03/15/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $129,500 -- $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 $3,899 $14,009 $1,214 $12,795
2023 $3,751 $14,009 $1,214 $12,795
2022 $3,751 $14,009 $1,214 $12,795
2021 $3,128 $9,677 $1,868 $7,809
2020 $202 $9,677 $1,868 $7,809
2019 $0 $10,829 $1,868 $8,961
2018 $0 $7,283 $1,634 $5,649
2017 $0 $7,283 $1,634 $5,649
2016 $202 $7,283 $1,634 $5,649
2015 $231 $7,541 $1,401 $6,140
2014 $219 $7,541 $1,401 $6,140
2013 $219 $7,541 $1,401 $6,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10653148

Midwest Real Estate Data (MRED)

APN: 09-16-201-033-1020