NOT LISTED FOR SALE

606 E Algonquin Rd Unit I204 Arlington Heights, IL 60005

Estimated Value: $186,077 - $205,000

2 Beds
1 Bath
900 Sq Ft
$305/mo HOA Fee

Last Sold September 08, 2020

Last sale price $130,000 $144 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,579/month

5 Days on Market

Highlights

  • Walk-In Pantry
  • Stainless Steel Appliances
  • Breakfast Bar
  • Rolling Meadows High School Rated A+
  • Balcony
  • Entrance Foyer

About This Home

As of September 2020

PICTURE PERFECT 2ND FLOOR CONDO WITH BREATHTAKING VIEW OF THE POND AND OPEN COURT YARD AREA FROM EVERY WINDOW. NEW CARPET THROUGHOUT AND FRESHLY PAINTED. UPDATED KITCHEN WITH WHITE CABINETRY, GRANITE COUNTER TOPS, SUBWAY TILE BACK SPLASH AND STAINLESS STEEL/BLACK APPLIANCES. LARGE LIVING ROOM WITH DECORATIVE BARN DOORS LEADING TO DEN AREA WHICH COULD BE USED FOR AN OFFICE OR 2ND BEDROOM. SPACIOUS MASTER BEDROOM. BATHROOM HAS NEW BARN STYLE VANITY, TOP, FAUCET AND TOILET. LOADS OF CLOSET SPACE. NEW 14,000 BTU A/C UNIT. NEW WINDOW TREATMENTS. WHITE 6 PANEL DOORS. HEAT AND WATER ARE INCLUDED IN ASSOCIATION FEE. IMPECCABLY KEPT GROUNDS WITH WALKING PATHS, FOUNTAINS AND POOL. CONVENIENT LOCATION CLOSE TO SHOPPING, RESTAURANTS AND EXPRESSWAYS. COMPLEX NOT CURRENTLY FHA APPROVED BUT IS INVESTOR FRIENDLY AS RENTALS ARE ALLOWED. NO HOMEOWNER EXEMPTION IN TAX AMOUNT. VACANT - EASY TO SHOW AND QUICK CLOSING POSSIBLE.

Last Agent to Sell the Property

Mark Pontrelli

Realty Executives Advance License #475103645 Listed on: 06/26/2020

Realty Executives Advance

Last Buyer's Agent

Tania Mihaylova

REMAX Legends License #475137036

REMAX Legends

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,015

Year Built | Renovated

  • 1970 | 2020

Lot Details

  • 14.28

HOA Fees

  • $305 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Entrance Foyer
  • Storage

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Home Security

Parking

  • Parking Available
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • $1,000 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,015

Year Built | Renovated

1970 | 2020

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1970
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1970
  • Year Renovated: 2020

Interior Features

  • Interior Property Features: Storage
  • Number Of Rooms: 4
  • Living Room: Dimensions: 22X13, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Equipment: Intercom, Ceiling Fan
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Foyer, Dimensions: 5X5, On Level: Main Level, Flooring: Vinyl
  • Bedroom 2: Dimensions: 13X9, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 900

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: Yes
  • Exterior Property Features: Balcony, Storms/Screens

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Unassigned
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Common Area Amenities: Coin Laundry, Pool-Outdoors, Security Door Locks
  • Assessment Includes: Heat, Water, Parking, Common Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 305
  • Management Contact Name: Scott or Marianne
  • Management Phone: 847-985-6464

Fee Information

  • Management Company: American Property Mangement

Schools

  • Junior High Dist: 59

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 08153010051196

Multi Family

  • Total Number Unitsin Building: 22
  • Number Stories: 2

Tax Info

  • Taxes: 2666.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 14, 2020
Sold by
Pontrelli Mark
Bought by
Hristova Malvina and Hristov Anton Mihov
Seller's Agent
Mark Pontrelli
Realty Executives Advance
Buyer's Agent
Tania Mihaylova
REMAX Legends
List Price
$139,000
Sold Price
$130,000
Premium/Discount to List
-$9,000
-6.47%
Current Estimated Value
$195,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,519
Avg. Annual Appreciation
8.26%
Original Mortgage
$123,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2020
Closed on
May 29, 2020
Sold by
Brittain Lawrence and Estate Of Margor A Nelson
Bought by
Pontrelli Mark
Seller's Agent
Betty Sayad
Illinois Real Estate Partners Inc
Buyer's Agent
Mark Pontrelli
Realty Executives Advance
List Price
$98,000
Sold Price
$81,000
Premium/Discount to List
-$17,000
-17.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
441.73%

Purchase Details

Closed on
Jul 1, 1998
Sold by
Evlinne Yonan Steven T and Evlinne Bejan
Bought by
Nelson Margot A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.17%

Purchase Details

Closed on
Sep 21, 1994
Sold by
Lasalle National Trust Na
Bought by
Evlinne Yonan Steven T and Evlinne Bejan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,300
Interest Rate
8.6%
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
Hristova Malvina $130,000 Attorney
Pontrelli Mark $81,000 Fidelity National Title
Nelson Margot A $92,000 --
Evlinne Yonan Steven T $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hristova Malvina $123,500
Previous Owner Nelson Margot A $50,000
Previous Owner Evlinne Yonan Steven T $84,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2020 09/08/20 Sold $130,000 -6.5% $144 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $139,000 +71.6% $154 / Sq Ft
05/29/2020 05/29/20 Sold $81,000 -17.3% -- View Prior Sale
05/07/2020 05/07/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $98,000 0.0% --
03/19/2020 03/19/20 Price Changed $98,000 -6.7% --
03/07/2020 03/07/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $105,000 -- --
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 $3,015 $11,658 $1,900 $9,758
2023 $2,877 $11,658 $1,900 $9,758
2022 $2,877 $11,658 $1,900 $9,758
2021 $2,702 $9,562 $1,246 $8,316
2020 $2,625 $9,562 $1,246 $8,316
2019 $2,666 $10,718 $1,246 $9,472
2018 $1,875 $6,706 $1,068 $5,638
2017 $1,849 $6,706 $1,068 $5,638
2016 $1,730 $6,706 $1,068 $5,638
2015 $1,504 $5,424 $949 $4,475
2014 $1,485 $5,424 $949 $4,475
2013 $1,449 $5,424 $949 $4,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10760958

Midwest Real Estate Data (MRED)

APN: 08-15-301-005-1196