NOT LISTED FOR SALE

505 S Cleveland Ave Unit 305 Arlington Heights, IL 60005

Estimated Value: $212,000 - $246,000

2 Beds
2 Baths
-- Sq Ft
$315/mo HOA Fee

Last Sold November 01, 2013

Last sale price $94,000

Est. 143% increase in value since last sale

Current estimated payment $1,884/month

107 Days on Market

About This Home

As of November 2013

This spacious 2 bed 2 bath condo has just been freshly painted throughout the unit. It's on the 3rd floor in an elevator building. With southern exposure, the unit is bright and oversees courtyard. It has a large living room and eat-in kitchen. Association fee includes gas, heat and water. Laundry facility is on the same floor. Convenient to train, shopping and downtown Arlington Heights.

Last Agent to Sell the Property

Shuguey Liu

Elite Experts Inc License #471009628 Listed on: 05/25/2013

Last Buyer's Agent

Katia Craig

Coldwell Banker Realty License #471011359

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,910

Year Built

  • 1972

Lot Details

  • 9.1

HOA Fees

  • $315 per month

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • $1,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,910

Year Built

1972

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Type Attached: Condo, Low Rise (1-3 Stories)
  • Unit Floor Level: 3
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1972

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 21X14, On Level: Main Level
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 13X11, On Level: Main Level
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X18, On Level: Main Level
  • Bedroom 2: Dimensions: 11X14, On Level: Main Level

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Assessment/Association Fees: 315
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Management Company: ACM

Schools

  • School District: 214
  • Junior High Dist: 25

Multi Family

  • Total Number Unitsin Building: 28
  • Number Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2022
Sold by
Stefanov-Todorova Family Trust
Bought by
Bulgar Investments Llc
Current Estimated Value
$228,087

Purchase Details

Closed on
Sep 17, 2018
Sold by
Stefanov Yordan and Todorova Gergana
Bought by
Stefanov Yordan and Todorova Gergana

Purchase Details

Listed on
May 25, 2013
Closed on
Oct 16, 2013
Sold by
Chou Chang Hsueh Chen and Chou Chang Teh
Bought by
Todorova Gergana and Stefanov Yordan
Seller's Agent
Shuguey Liu
Elite Experts Inc
Buyer's Agent
Katia Craig
Coldwell Banker Realty
List Price
$104,900
Sold Price
$94,000
Premium/Discount to List
-$10,900
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$70,500
Interest Rate
4.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bulgar Investments Llc -- None Listed On Document
Bulgar Investments Llc -- None Listed On Document
Stefanov Yordan -- None Available
Todorova Gergana $94,000 Attorneys Title Guaranty Fu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Todorova Gergana $70,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2013 11/01/13 Sold $94,000 -5.1% --
09/09/2013 09/09/13 Pending -- -- --
07/20/2013 07/20/13 Price Changed $99,000 -5.6% --
05/25/2013 05/25/13 For Sale $104,900 -- --
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 $3,910 $14,284 $2,476 $11,808
2023 $3,766 $14,284 $2,476 $11,808
2022 $3,766 $14,284 $2,476 $11,808
2021 $3,664 $12,171 $309 $11,862
2020 $3,569 $12,171 $309 $11,862
2019 $3,552 $13,527 $309 $13,218
2018 $2,798 $9,589 $247 $9,342
2017 $2,765 $9,589 $247 $9,342
2016 $2,579 $9,589 $247 $9,342
2015 $2,487 $8,423 $1,176 $7,247
2014 $2,414 $8,423 $1,176 $7,247
2013 $2,354 $8,423 $1,176 $7,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08352633

Midwest Real Estate Data (MRED)

APN: 03-32-235-026-1101