1505 E Central Rd Unit 305A Arlington Heights, IL 60005
1
Bed
1
Bath
906
Sq Ft
$388/mo
HOA Fee
Highlights
- L-Shaped Dining Room
- Stainless Steel Appliances
- Resident Manager or Management On Site
- Prospect High School Rated A+
- Living Room
- Laundry Room
About This Home
As of February 2025Welcome to this beautifully updated, quiet 3rd-floor condo in a convenient elevator building. With its open floor plan and spacious private balcony, this home offers both comfort and style. The kitchen features freshly painted white cabinets, brand-new stainless-steel appliances, and a cozy nook perfect for a breakfast table. The condo is move-in ready, with brand new carpeting throughout and luxury vinyl plank flooring in the kitchen and entryway. The generous living and dining areas provide ample space for both entertaining and working from home. Double glass sliding doors invite plenty of natural light, enhancing the bright, airy feel of the home. Enjoy added convenience with a storage closet on the balcony. The building provided storage unit and the super clean laundry room are both on the same floor! The complex offers fantastic amenities, including an outdoor pool, party room, picnic area a and fitness center. Located in the desirable Dana Point community, this condo is just minutes from downtown Arlington Heights and downtown Mount Prospect, where you'll find shopping, dining, and entertainment options. Commuting is a breeze with easy access to 90/53 highways, the Metra station, and Pace bus routes. Investors welcome.
Last Agent to Sell the Property
RE/MAX Suburban License #475140635 Listed on: 01/24/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,065
Year Built
- Built in 1968
HOA Fees
- $388 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 906 Sq Ft Home
- 4-Story Property
- Family Room
- Living Room
- L-Shaped Dining Room
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Stainless Steel Appliances
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry in multiple locations
- Sink Near Laundry
Parking
- 2 Parking Spaces
- Uncovered Parking
- Parking Included in Price
Accessible Home Design
- Accessibility Features
- No Interior Steps
Schools
- Fairview Elementary School
- Lincoln Junior High School
- Prospect High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include water, parking, insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
- 64 Units
- Manager Association, Phone Number (847) 228-5176
- Property managed by First Residential Services
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2025
Closed on
Feb 13, 2025
Sold by
Harold C Fotre And Joanne E Fotre Living and Korecky Sharon J
Bought by
Fitzgerald Kathryn
Seller's Agent
Jackie Lynch
RE/MAX Suburban
Buyer's Agent
Missy Jerfita
Compass
List Price
$183,500
Sold Price
$195,250
Premium/Discount to List
$11,750
6.4%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,159
Avg. Annual Appreciation
-3.84%
Original Mortgage
$156,000
Outstanding Balance
$155,756
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$36,385
Purchase Details
Closed on
Feb 8, 2007
Sold by
Fotre Harold C and Fotre Joanne E
Bought by
Fotre Harold C and Fotre Joanne E
Purchase Details
Closed on
Feb 11, 2003
Sold by
Bevacqua Michael A and Valassis Effie L
Bought by
Fotre Harold C and Fotre Joanne E
Purchase Details
Closed on
Jul 25, 2000
Sold by
Anhalt Elsie
Bought by
Valassis Effie L and Bevacqua Michael A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.27%
Similar Homes in Arlington Heights, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $195,500 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $133,000 | -- | |
| Warranty Deed | $90,000 | 1St American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $156,000 | New Conventional | |
| Previous Owner | $80,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/18/2025 02/18/25 | Sold | $195,250 | +6.4% | $216 / Sq Ft |
| 01/27/2025 01/27/25 | Pending | -- | -- | -- |
| 01/24/2025 01/24/25 | For Sale | $183,500 | -- | $203 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,065 | $10,984 | $2,037 | $8,947 |
| 2023 | $2,931 | $10,984 | $2,037 | $8,947 |
| 2022 | $2,931 | $10,984 | $2,037 | $8,947 |
| 2021 | $3,008 | $9,660 | $1,286 | $8,374 |
| 2020 | $2,940 | $9,660 | $1,286 | $8,374 |
| 2019 | $2,936 | $10,758 | $1,286 | $9,472 |
| 2018 | $2,320 | $7,641 | $1,072 | $6,569 |
| 2017 | $2,288 | $7,641 | $1,072 | $6,569 |
| 2016 | $1,966 | $7,641 | $1,072 | $6,569 |
| 2015 | $1,557 | $5,547 | $964 | $4,583 |
| 2014 | $1,531 | $5,547 | $964 | $4,583 |
| 2013 | $1,531 | $5,547 | $964 | $4,583 |
Source: Public Records
Agents Affiliated with this Home
-
Jackie Lynch
Seller's Agent in 2025
Jackie Lynch
RE/MAX Suburban
(847) 710-5898
166 Total Sales
-
Missy Jerfita
Buyer's Agent in 2025
Missy Jerfita
Compass
(847) 913-6300
326 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12275298
APN: 08-10-201-024-1113
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