NOT LISTED FOR SALE

701 Busse Hwy Unit 1C Park Ridge, IL 60068

Estimated Value: $200,000 - $239,000

2 Beds
1 Bath
1,000 Sq Ft
$299/mo HOA Fee

Last Sold August 02, 2024

Last sale price $195,000 $195 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,632/month

5 Days on Market

Highlights

  • Main Floor Bedroom
  • Intercom
  • Bathroom on Main Level
  • Franklin Elementary School Rated A-
  • Resident Manager or Management On Site
  • Combination Kitchen and Dining Room

About This Home

As of August 2024

Charming 1st floor condo with unlimited potential! Move right into this 2 bedroom, 1 bathroom and enjoy low-maintenance living while you add your personal touches over time. NEW CARPET, freshly painted with neutral colors, spacious living room & dining area, NEWER AC window unit, Newer windows. Building basement includes a bike area, private storage unit and coin laundry facilities. Top-rated Park Ridge school district and Maine South High. No pets. No rentals. Smoke-free complex. Same owner for more than 3 decades = pride of ownership. No need to rent and pay someone else's mortgage when you can move right in and start building equity of your own. Schedule a viewing today!

Last Agent to Sell the Property

Jessica DeVries

Southwestern Real Estate, Inc. License #475160694 Listed on: 07/11/2024

Last Buyer's Agent

Michael Staerzl

Coldwell Banker Realty License #475172097

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,358

Year Built

  • Built in 1966

Lot Details

  • 0.35

HOA Fees

  • $299 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Window Screens
  • Combination Kitchen and Dining Room
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Included in Price
  • Assigned Parking

Schools

  • Franklin Elementary School
  • Emerson Middle School
  • Maine South High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, scavenger, snow removal
  • 18 Units
  • Tom Dase Association, Phone Number (847) 894-1200
  • Park Place Subdivision
  • Property managed by Tom Dase Management

Amenities

  • Common Area
  • Coin Laundry

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,358

Year Built

Built in 1966

Lot Details

0

HOA Fees

$299 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: Park Place
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Intercom
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1000
  • Other Equipment: Intercom, CO Detectors, Water Heater-Gas
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Window Features: Screens
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Assigned
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Baseboard
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 299
  • Association Amenities: Coin Laundry
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Tom Dase Management
  • Management Contact Name: Tom Dase
  • Management Phone: 847-894-1200
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Elementary School: Franklin Elementary School
  • High School: Maine South High School
  • Middle/Junior School: Emerson Middle School

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2357.57
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Jul 30, 2024
Sold by
Carrozza Robert
Bought by
Harris Alan and Harris Kimberly M
Seller's Agent
Jessica DeVries
Southwestern Real Estate, Inc.
Buyer's Agent
Michael Staerzl
Coldwell Banker Realty
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%
Views
35
Current Estimated Value
$217,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,007
Avg. Annual Appreciation
9.01%

Purchase Details

Closed on
Mar 15, 1999
Sold by
Carrozza Carmen and Carrozza Frances M
Bought by
Carrozza Carmen and Carrozza Frances M
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
Harris Alan $195,000 None Listed On Document
Carrozza Carmen -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Sold $195,000 -2.5% $195 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $200,000 -- $200 / 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 $2,358 $15,317 $1,256 $14,061
2023 $2,204 $15,317 $1,256 $14,061
2022 $2,204 $15,317 $1,256 $14,061
2021 $1,097 $10,266 $821 $9,445
2020 $1,186 $10,266 $821 $9,445
2019 $1,200 $11,463 $821 $10,642
2018 $310 $7,953 $724 $7,229
2017 $535 $7,953 $724 $7,229
2016 $812 $7,953 $724 $7,229
2015 $680 $6,702 $628 $6,074
2014 $695 $6,702 $628 $6,074
2013 $628 $6,702 $628 $6,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12108415

Midwest Real Estate Data (MRED)

APN: 09-27-210-085-1003