$255,000
SOLD FEB 27, 2015

1705 Pavilion Way Unit 401 Park Ridge, IL 60068

3 Beds
2 Baths
1,861 Sq Ft
$418/mo HOA Fee

Recently Sold

$137 Per Sq Ft

6% Below List Price

19 Days on Market

Highlights

  • End Unit
  • Elevator
  • 1 Car Attached Garage
  • Franklin Elementary School Rated A-
  • Balcony
  • Intercom

About This Home

As of February 2015

WOW! This is a beautiful, 3-bedroom, 2-bathroom unit in move-in condition! Freshly painted! Newly carpeted! Enter into a large LR/DR area just a few steps away from a nicely updated kitchen. Enjoy updated bathrooms too! All bedrooms are spacious with ample closet space. Close to schools, shopping and transportation. A must see. A 10! Show and sell. Unfortunately, rentals are not allowed in the building.

Last Agent to Sell the Property

Peter Drossos

Peter Drossos Real Estate License #471010251 Listed on: 02/03/2015

Last Buyer's Agent

Nelson Avila

Accord One Real Estate Inc License #471012975

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,451

Year Built

  • Built in 1999

HOA Fees

  • $418 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,861 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Intercom

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Balcony
  • End Unit

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 40 Units
  • Hank Association, Phone Number (847) 296-1941
  • Park Ridge Pointe Subdivision
  • Property managed by Hanlin Management
  • 5-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets up to 30 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,451

Year Built

Built in 1999

Lot Details

0

HOA Fees

$418 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: PARK RIDGE POINTE
  • Year Built: 1999
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1861
  • Other Equipment: TV-Cable, Intercom, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 269900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 418
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Management Company: Hanlin Management
  • Management Contact Name: Hank
  • Management Phone: 847-296-1941
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 64

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: 30

Tax Info

  • Tax Annual Amount: 6450.88
  • Tax Year: 2013
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2022
Sold by
Lee Thomas C and Lee Leanne M
Bought by
Lee Thomas C and Thomas C Lee Trust
Total Days on Market
19

Purchase Details

Closed on
Mar 7, 2022
Sold by
Lee Thomas C and Lee Leanne M
Bought by
Thomas C Lee Trust and Leanne M Lee Trust

Purchase Details

Listed on
Feb 3, 2015
Closed on
Feb 25, 2015
Sold by
Fannie Mae
Bought by
Lee Thomas and Lee Leanne
Seller's Agent
Peter Drossos
Peter Drossos Real Estate
Buyer's Agent
Nelson Avila
Accord One Real Estate Inc
List Price
$269,900
Sold Price
$255,000
Premium/Discount to List
-$14,900
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Jul 24, 2014
Sold by
Kirkiris Nectar A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 13, 2004
Sold by
Pb Capital Llc
Bought by
Kirkiris Nectar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 7, 2004
Sold by
Green Annice
Bought by
Pb Capital Llc

Purchase Details

Closed on
May 20, 2002
Sold by
Vivacqua Frank L
Bought by
Green Annice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
8.99%

Purchase Details

Closed on
Feb 26, 1998
Sold by
Cole Taylor Bank
Bought by
Vivacqua Frank L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.25%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- None Listed On Document
Special Warranty Deed $255,000 Attorneys Title Guaranty Fun
Deed In Lieu Of Foreclosure -- None Available
Warranty Deed $305,000 Atgf Inc
Legal Action Court Order -- --
Warranty Deed $290,000 Chicago Title Insurance Co
Trustee Deed $204,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $244,000 Balloon
Previous Owner $232,000 No Value Available
Previous Owner $206,500 Unknown
Previous Owner $63,000 Stand Alone Second
Previous Owner $41,973 Stand Alone Second
Previous Owner $16,636 Unknown
Previous Owner $129,000 No Value Available
Closed $58,000 No Value Available
Closed $45,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Pending -- -- --
05/24/2025 05/24/25 For Sale $489,900 +92.1% $263 / Sq Ft
02/27/2015 02/27/15 Sold $255,000 -5.5% $137 / Sq Ft
02/21/2015 02/21/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $269,900 -- $145 / 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 $7,068 $30,847 $717 $30,130
2023 $7,068 $30,847 $717 $30,130
2022 $7,068 $30,847 $717 $30,130
2021 $4,077 $16,705 $468 $16,237
2020 $3,979 $16,705 $468 $16,237
2019 $3,973 $18,652 $468 $18,184
2018 $5,454 $22,489 $413 $22,076
2017 $6,408 $22,489 $413 $22,076
2016 $6,164 $22,489 $413 $22,076
2015 $6,741 $21,909 $358 $21,551
2014 $6,606 $21,909 $358 $21,551
2013 $6,451 $22,573 $358 $22,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08829473

Midwest Real Estate Data (MRED)

APN: 09-21-202-076-1017