NOT LISTED FOR SALE

1505 E Central Rd Unit 113B Arlington Heights, IL 60005

Estimated Value: $188,000 - $204,000

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

Last Sold November 15, 2023

Last sale price $185,000 $185 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,576/month

3 Days on Market

Highlights

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

About This Home

As of November 2023

Discover your new home at 1505 Central Road, a tastefully updated 1-bedroom, 1-bathroom condo nestled in the heart of Arlington Heights, IL. This charming residence has been thoughtfully renovated, showcasing a modern aesthetic with freshly painted interiors and beautiful wood laminate flooring that seamlessly flows throughout the space. Step into the inviting living area, a perfect space to unwind and entertain. The well-designed kitchen features sleek cabinetry, ample counter space. Adjacent to the kitchen, you'll find a cozy dining area, perfect for enjoying meals and hosting gatherings. The bedroom is a tranquil retreat, offering ample natural light and a serene ambiance. The bathroom features contemporary fixtures and a clean design, providing both functionality and style. Beyond the confines of your home, this condominium community offers a wealth of amenities. Take a refreshing dip in the community pool during the warmer months or soak up the sun in the relaxation area. Furthermore, the proximity to local shopping and a diverse range of restaurants provides endless options for dining and entertainment. This condo at 1505 Central Road in Arlington Heights offers not just a home, but a lifestyle. Don't miss your chance to make this abode yours. Contact us today to schedule a private tour and experience the charm and comfort this condo has to offer.

Last Agent to Sell the Property

Cindy Lang

Century 21 Circle License #475122464 Listed on: 10/12/2023

Co-Listed By

Mike DeWyze

Century 21 Circle License #475165289

Last Buyer's Agent

Iryna Kerch

Core Realty & Investments Inc. License #475182285

Core Realty & Investments Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,076

Year Built

  • Built in 1968

Lot Details

  • 33.48

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 4-Story Property
  • L-Shaped Dining Room
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

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

Amenities

  • Clubhouse
  • Party Room
  • Laundry Facilities
  • Service Elevator
  • Community Storage Space
  • Elevator

Recreation

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

Pet Policy

  • Pets up to 35 lbs
  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,076

Year Built

Built in 1968

Lot Details

0

HOA Fees

$325 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: Dana Point
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Wood Laminate Floors
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 180000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Number Limit, Size Limit
  • Association Fee: 325
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Party Room, Pool, Security Door Lock(s), Service Elevator(s), Tennis Court(s), Clubhouse, Laundry
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Services Residential
  • Management Contact Name: Steve
  • Management Phone: 847-228-5176
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exercise Facilities, Pool, 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

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 35

Tax Info

  • Tax Annual Amount: 2076
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 10, 2023
Sold by
Krzankowski Paulette and Krzankowski Michael
Bought by
Yeremieieva Kateryna
Seller's Agent
Cindy Lang
Century 21 Circle
Buyer's Agent
Iryna Kerch
Core Realty & Investments Inc.
List Price
$180,000
Sold Price
$185,000
Premium/Discount to List
$5,000
2.78%
Views
77
Current Estimated Value
$198,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,219
Avg. Annual Appreciation
3.96%
Original Mortgage
$148,400
Outstanding Balance
$145,947
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$52,365

Purchase Details

Closed on
Oct 21, 2016
Sold by
Laura Cooke
Bought by
Mueller Annemarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
3.52%

Purchase Details

Listed on
Mar 5, 2013
Closed on
Oct 3, 2013
Sold by
Klimas Ronald E and Klimas Denise M
Bought by
Krzankowski Michael and Krzankowski Paulette
Seller's Agent
Carol Lynn Seifert
Century 21 Circle
Buyer's Agent
Cindy Lang
Century 21 Circle
List Price
$98,750
Sold Price
$89,000
Premium/Discount to List
-$9,750
-9.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%

Purchase Details

Closed on
Sep 28, 2009
Sold by
Gill Barbara
Bought by
Klimas Ronald E and Klimas Denise M

Purchase Details

Closed on
May 6, 2007
Sold by
Gill Barbara
Bought by
Gill Barbara

Purchase Details

Closed on
Apr 7, 2000
Sold by
Gill Kenneth L
Bought by
Gill Glen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.22%
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
Yeremieieva Kateryna $185,500 None Listed On Document
Mueller Annemarie -- --
Krzankowski Michael $89,000 Precision Title
Klimas Ronald E $112,000 Cti
Gill Barbara -- None Available
Gill Glen R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeremieieva Kateryna $148,400
Previous Owner Mueller Annemarie $119,500
Previous Owner Mueller Annemarie --
Previous Owner Gill Glen R $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $185,000 +2.8% $185 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $180,000 +102.2% $180 / Sq Ft
10/04/2013 10/04/13 Sold $89,000 -6.2% $89 / Sq Ft
09/14/2013 09/14/13 Pending -- -- --
06/24/2013 06/24/13 Price Changed $94,900 -3.9% $95 / Sq Ft
05/09/2013 05/09/13 For Sale $98,750 0.0% $99 / Sq Ft
04/28/2013 04/28/13 Pending -- -- --
03/05/2013 03/05/13 For Sale $98,750 -- $99 / 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 $2,057 $10,685 $1,981 $8,704
2023 $1,939 $10,685 $1,981 $8,704
2022 $1,939 $10,685 $1,981 $8,704
2021 $1,889 $9,397 $1,251 $8,146
2020 $1,916 $9,397 $1,251 $8,146
2019 $1,920 $10,466 $1,251 $9,215
2018 $1,214 $7,433 $1,042 $6,391
2017 $1,215 $7,433 $1,042 $6,391
2016 $1,270 $7,433 $1,042 $6,391
2015 $779 $5,396 $938 $4,458
2014 $781 $5,396 $938 $4,458
2013 $763 $5,396 $938 $4,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11906198

Midwest Real Estate Data (MRED)

APN: 08-10-201-024-1100