NOT LISTED FOR SALE

701 Busse Hwy Unit 2B Park Ridge, IL 60068

Estimated Value: $170,000 - $196,000

1 Bed
1 Bath
600 Sq Ft
$218/mo HOA Fee

Last Sold June 19, 2023

Last sale price $150,000 $250 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,325/month

5 Days on Market

Highlights

  • Living Room
  • Resident Manager or Management On Site
  • Dining Room
  • Franklin Elementary School Rated A-
  • Laundry Room
  • Family Room

About This Home

As of June 2023

Welcome to this spacious 2nd-floor unit with 1 bedroom and 1 bathroom in an attractive building that's perfect for comfortable living. This unit has been freshly painted and carpeted, providing a clean and modern look that's sure to impress. The building is conveniently located close to the Metra train station, making it easy to commute to work or explore the city. Plus, with a grocery store nearby, running errands has never been easier. This unit also comes with assigned parking, so you'll never have to worry about finding a spot for your car. This unit shows incredibly well. Don't miss this opportunity to make this lovely space your own!

Last Agent to Sell the Property

Joseph Guzzetta

RE/MAX Properties Northwest License #475130381 Listed on: 05/05/2023

RE/MAX Properties Northwest

Last Buyer's Agent

Samuel Lubeck

Baird & Warner License #475146587

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,859

Lot Details

  • 0.35

HOA Fees

  • $218 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 600 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

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

Utilities

  • One Cooling System Mounted To A Wall/Window

Listing and Financial Details

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

Community Details

Overview

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

Pet Policy

  • No Pets Allowed

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,859

Lot Details

0

HOA Fees

$218 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 600
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Other
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Other
  • Laundry Features: Common Area
  • Water Source: Other

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 218
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • 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, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 5, 2023
Sold by
Moskal Tadeusz
Bought by
Jakobik Mary
Seller's Agent
Joseph Guzzetta
RE/MAX Properties Northwest
Buyer's Agent
Samuel Lubeck
Baird & Warner
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Views
181
Current Estimated Value
$181,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,816
Avg. Annual Appreciation
8.49%
Original Mortgage
$130,500
Outstanding Balance
$126,822
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
$54,994

Purchase Details

Closed on
Mar 26, 1998
Sold by
Lisiecki Christine M
Bought by
Moskal Tadeusz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7%

Purchase Details

Closed on
Dec 31, 1997
Sold by
Lisiecki Hieronim and Lisiecki Alice S
Bought by
Lisiecki Christine M
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
Jakobik Mary $158,000 None Listed On Document
Moskal Tadeusz $85,000 --
Lisiecki Christine M -- Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jakobik Mary $130,500
Closed Moskal Tadeusz $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2023 06/19/23 Sold $150,000 -6.2% $250 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $159,900 -- $267 / 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 $1,859 $12,817 $1,051 $11,766
2023 $1,732 $12,817 $1,051 $11,766
2022 $1,732 $12,817 $1,051 $11,766
2021 $1,904 $8,590 $687 $7,903
2020 $1,904 $8,590 $687 $7,903
2019 $0 $9,591 $687 $8,904
2018 $1,904 $6,655 $606 $6,049
2017 $358 $6,655 $606 $6,049
2016 $651 $6,655 $606 $6,049
2015 $1,729 $5,607 $525 $5,082
2014 $1,695 $5,607 $525 $5,082
2013 $1,606 $5,607 $525 $5,082
Source: Public Records

Agents Affiliated with this Home

  • Joseph Guzzetta

    Seller's Agent in 2023

    Joseph Guzzetta

    RE/MAX

    (847) 833-5498

    17 in this area

    43 Total Sales

    Joseph Guzzetta
    Section Image
  • Samuel Lubeck

    Buyer's Agent in 2023

    Samuel Lubeck

    Baird Warner

    (847) 370-7707

    1 in this area

    155 Total Sales

    Samuel Lubeck
    Section Image
  • Arbiona Tafic

    Buyer Co-Listing Agent in 2023

    Arbiona Tafic

    Baird Warner

    (312) 952-4724

    1 in this area

    30 Total Sales

    Arbiona Tafic
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11776578

Midwest Real Estate Data (MRED)

APN: 09-27-210-085-1005

Illinois Cook County Park Ridge 60068

701 Busse Hwy Unit 2B, Park Ridge, IL

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