$350,500
$320,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2.5 Baths
1,477 SqFt
SOLD DATE : 07/08/2024
Key Details
Sold Price $350,500
Property Type Townhouse
Sub Type Townhouse-2 Story
Listing Status Sold
Purchase Type For Sale
Square Footage 1,477 sqft
Price per Sqft $237
Subdivision Auburn Woods
MLS Listing ID 12009114
Sold Date 07/08/24
Bedrooms 2
Full Baths 2
Half Baths 1
HOA Fees $380/mo
Rental Info Yes
Year Built 1989
Annual Tax Amount $8,592
Tax Year 2022
Lot Dimensions 5546
Property Description
This investment opportunity sounds promising with its appealing features and location. Here's a breakdown of what makes it attractive: Desirable Features: The Burgundy model end unit boasts desirable features such as newer carpeting, stainless kitchen appliances, granite kitchen counters, and a gas log fireplace. These features enhance the property's appeal and potentially increase its value. Bright and Sunny: A bright and sunny interior is always a plus for attracting tenants or buyers. Natural light can make a space feel more inviting and spacious. Functional Layout: The two-story eating area in the kitchen and vaulted ceilings in the living room contribute to the property's functional layout, making it more comfortable and practical for residents. Master Suite: The master suite offers amenities like a double sink vanity, whirlpool, skylight, and volume ceiling, which add luxury and comfort to the living space. Attached Garage: The attached 2-car garage adds convenience and value to the property, providing secure parking and additional storage space. Recent Updates: The newer HVAC system installed in 2022 is a significant selling point, as it indicates that essential maintenance and updates have been performed, reducing immediate expenses for the buyer. Convenient Location: Its proximity to shopping, recreation, and transportation amenities enhances its appeal to potential tenants or buyers, making it a convenient place to live. Investment Potential: With instant cash flow and a fantastic location, this property presents a promising investment opportunity. The features and amenities offered make it attractive to renters or homebuyers, potentially ensuring a steady stream of income or a profitable resale in the future. Homestead Exemption: While the taxes don't currently reflect a homestead exemption, this could potentially benefit the buyer, providing them with tax savings if they intend to use the property as their primary residence. As-Is Sale: While the property is being sold as-is, the absence of known defects is reassuring. However, buyers should conduct thorough inspections to ensure there are no hidden issues. Overall, this investment opportunity appears to offer a blend of desirable features, convenience, and potential for profit, making it worth serious consideration.
Location
State IL
County Cook
Area Palatine
Rooms
Basement None
Interior
Interior Features Vaulted/Cathedral Ceilings, Skylight(s), Wood Laminate Floors, First Floor Laundry, Laundry Hook-Up in Unit
Heating Natural Gas, Forced Air
Cooling Central Air
Fireplaces Number 1
Fireplaces Type Gas Log
Equipment Humidifier, Security System, CO Detectors, Air Purifier
Fireplace Y
Appliance Range, Microwave, Dishwasher, Refrigerator
Exterior
Exterior Feature Deck, End Unit
Parking Features Attached
Garage Spaces 2.0
Roof Type Asphalt
Building
Story 2
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Gray M Sanborn Elementary School
Middle Schools Walter R Sundling Middle School
High Schools Palatine High School
School District 15 , 15, 211
Others
HOA Fee Include Insurance,Exterior Maintenance,Lawn Care,Snow Removal
Ownership Fee Simple w/ HO Assn.
Special Listing Condition None
Pets Allowed Cats OK, Dogs OK
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Desislava Vukov • Berkshire Hathaway HomeServices Starck Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "