NOT LISTED FOR SALE

1405 E Central Rd Unit 201A Arlington Heights, IL 60005

Estimated Value: $238,000 - $255,000

2 Beds
2 Baths
1,315 Sq Ft
$429/mo HOA Fee

Last Sold May 20, 2022

Last sale price $201,000 $153 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,129/month

4 Days on Market

Highlights

  • Fitness Center
  • Lock-and-Leave Community
  • L-Shaped Dining Room
  • Prospect High School Rated A+
  • Main Floor Bedroom
  • Community Pool

About This Home

As of May 2022

Sun-drenched, tastefully updated condo with park-like views from almost every room in desirable Dana Point. Bright kitchen with 42 inch white-washed maple cabinets, crisp white appliances, ceramic tile floor, and breakfast bar. Master bedroom, a true retreat, with walk-in closet and updated full bath with shower. 2nd bedroom, perfect for home office or guest room, is across from a 2nd updated, full bath. Brand new Lenox central air & furnace (2021). Gilkey vinyl windows and double sliding patio doors (2007). Professionally painted and ready to move-in (2022). Oversized arched balcony (with storage closets) which is perfect to grill, entertain or enjoy the view with your morning coffee. Convenient 2nd floor unit (secure, yet stair accessible) situated near the elevator. Heated garage parking (#22) and in-building laundry (3rd floor). Well-managed, full amenity complex with pool, remodeled workout gym, party room, and tennis courts. Ideally situated between downtown Arlington Heights and downtown Mt Prospect. Pace bus to commuter train and easy access to expressways. Award-winning Fairview Elementary, Lincoln Junior High and top-scoring Prospect High School. Building is cat and investor friendly.

Last Agent to Sell the Property

Craig Tinder

@properties Christie's International Real Estate License #471016625 Listed on: 04/28/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Stilian Dinev

Vanguard Realty, Inc. License #471018850

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1973

Lot Details

  • 33.48

HOA Fees

  • $429 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Flexicore

Interior Spaces

  • 1,315 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • L-Shaped Dining Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Home Security

Accessible Home Design

  • Grab Bar In Bathroom
  • Accessibility Features
  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Balcony

Schools

  • Fairview Elementary School
  • Lincoln Junior High School
  • Prospect High School

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 88 Units
  • Steve Weigensberg Association, Phone Number (847) 228-5176
  • Dana Point Subdivision
  • Property managed by First Service Residential
  • Lock-and-Leave Community

Amenities

  • Party Room
  • Coin Laundry
  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,300

Year Built

Built in 1973

Lot Details

0

HOA Fees

$429 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Dana Point
  • Year Built: 1973
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Accessibility Features: Bath Grab Bars, Main Level Entry, No Interior Steps
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, First Floor Bedroom, First Floor Full Bath, Storage, Flexicore, Walk-In Closet(s)
  • LivingArea: 1315
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Room Type: Foyer, Balcony/Porch/Lanai, Walk In Closet
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 1315
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 1315
  • Square Footage Comments: Based on professional photographer measurements. Additional 118 sq ft on balcony
  • Total Sq Ft: 1315
  • Main Level Sq Ft: 1315

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • List Price: 189900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Association Fee: 429
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Pool, Security Door Lock(s), Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Steve Weigensberg
  • Management Phone: 847-228-5176
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Fairview Elementary School
  • High School: Prospect High School
  • Middle/Junior School: Lincoln Junior High School
  • Middle/Junior School District: 57

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: INTEGRAL
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 2300.3
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
May 27, 2022
Sold by
Robert J Williams Trust
Bought by
Marvi Service Llc
Seller's Agent
Craig Tinder
@properties Christie's International Real Estate
Buyer's Agent
Stilian Dinev
Vanguard Realty, Inc.
List Price
$189,900
Sold Price
$201,000
Premium/Discount to List
$11,100
5.85%
Current Estimated Value
$248,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,044
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Feb 28, 2011
Sold by
Williams Robert J
Bought by
Williams Robert J and Robert J Williams Trust

Purchase Details

Closed on
Jun 15, 2009
Sold by
Kim Jung Ja
Bought by
Williams Robert J

Purchase Details

Closed on
Nov 4, 2004
Sold by
Frakes Terrence W and Frakes Nancy L
Bought by
Kim Jung Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
5.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 18, 2000
Sold by
Zydorowicz Jo Ann and Zydorowicz Florian
Bought by
Frakes Terrence W and Frakes Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,600
Interest Rate
8.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 2, 1996
Sold by
Wade Michael J and Papciak Bernice
Bought by
Lococo Florence and Zydorowicz Joann
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
Marvi Service Llc $201,000 First American Title
Williams Robert J -- None Available
Williams Robert J $155,000 National Title Ctr
Kim Jung Ja $208,000 --
Frakes Terrence W $132,000 --
Lococo Florence $105,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Jung Ja $198,000
Previous Owner Kim Jung Ja $166,400
Previous Owner Frakes Terrence W $95,000
Previous Owner Frakes Terrence W $24,000
Previous Owner Frakes Terrence W $79,000
Previous Owner Frakes Terrence W $26,500
Previous Owner Frakes Terrence W $25,600
Previous Owner Frakes Terrence W $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $201,000 +5.8% $153 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $189,900 -- $144 / 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 $4,171 $14,944 $2,771 $12,173
2023 $3,989 $14,944 $2,771 $12,173
2022 $3,989 $14,944 $2,771 $12,173
2021 $2,226 $13,143 $1,750 $11,393
2020 $2,300 $13,143 $1,750 $11,393
2019 $2,310 $14,638 $1,750 $12,888
2018 $1,279 $10,396 $1,458 $8,938
2017 $1,294 $10,396 $1,458 $8,938
2016 $1,573 $10,396 $1,458 $8,938
2015 $857 $7,548 $1,312 $6,236
2014 $868 $7,548 $1,312 $6,236
2013 $839 $7,548 $1,312 $6,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11388535

Midwest Real Estate Data (MRED)

APN: 08-10-201-024-1022