NOT LISTED FOR SALE

701 Elmhurst Rd Unit B Des Plaines, IL 60016

Estimated Value: $154,000 - $190,000

2 Beds
1 Bath
-- Sq Ft
$274/mo HOA Fee

Last Sold January 17, 2013

Last sale price $52,000

Est. 228% increase in value since last sale

Current estimated payment $1,388/month

42 Days on Market

Highlights

  • Breakfast Bar
  • Patio
  • Hot Water Heating System
  • Elk Grove High School Rated A

About This Home

As of January 2013

Spacious condo unit features parquet floors, kitchen with marble floor and eating area, living room with sliding doors to patio, good closet space! Near parks and shopping! AS IS. Information not guaranteed. Seller does not provide survey or disclosures. EM must be CERTIFIED funds. Eligible under the Freddie Mac First Look Initiative through 11/22/12.

Last Agent to Sell the Property

Patti Furman

Coldwell Banker Realty License #475144230 Listed on: 11/07/2012

Coldwell Banker Realty

Last Buyer's Agent

Rajan Kannath

RE/MAX United License #475123202

RE/MAX United

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,894

Year Built

  • 1973

Lot Details

  • 2.06

HOA Fees

  • $274 per month

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Assigned Parking

Utilities

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

Additional Features

  • Breakfast Bar
  • Patio

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,894

Year Built

1973

Lot Details

0

HOA Fees

$274 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Type Attached: Condo
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1973

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 12X22, On Level: Main Level
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 08X16, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Patio

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 2
  • Parking On Site: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Assessment/Association Fees: 274
  • Assessment Includes: Water, Electric, Gas, Parking, Lawn Care, Snow Removal

Fee Information

  • Management Company: Nea Maya Real Estate & Development

Schools

  • School District: 214
  • Elementary School: BRENTWOOD ELEMENTARY SCHOOL
  • Middle School: FRIENDSHIP JUNIOR HIGH SCHOOL
  • High School: ELK GROVE HIGH SCHOOL
  • Junior High Dist: 59

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 37
  • Number Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2012
Closed on
Dec 31, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Varghese Kedangalil Samuel Mathew and Varghese Mathew
Seller's Agent
Patti Furman
Coldwell Banker Realty
Buyer's Agent
Rajan Kannath
RE/MAX United
List Price
$64,900
Sold Price
$52,000
Premium/Discount to List
-$12,900
-19.88%
Total Days on Market
42
Current Estimated Value
$170,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,692
Avg. Annual Appreciation
9.69%

Purchase Details

Closed on
Aug 27, 2012
Sold by
Sabic Samir
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 7, 2003
Sold by
Basic Hilmo and Basic Rada
Bought by
Sabic Samir and Sabic Mersada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,100
Interest Rate
6.44%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 18, 2001
Sold by
Alkanat Ilyas
Bought by
Basic Hilmo and Basic Rada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
9.75%

Purchase Details

Closed on
Sep 26, 2000
Sold by
Rothgeb Peggy A and Jenrick Peggy A
Bought by
Alkanat Ilyas

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
7.87%
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 Buyer Sale Price Title Company
Varghese Kedangalil Samuel Mathew $52,000 None Available
Federal Home Loan Mortgage Corporation -- None Available
Sabic Samir $127,500 Agtf Inc
Basic Hilmo $97,000 --
Alkanat Ilyas $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sabic Samir $14,000
Previous Owner Sabic Samir $121,100
Previous Owner Basic Hilmo $20,000
Previous Owner Basic Hilmo $102,000
Previous Owner Basic Hilmo $77,600
Previous Owner Alkanat Ilyas $50,000
Closed Basic Hilmo $19,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2013 01/17/13 Sold $52,000 -5.3% --
12/19/2012 12/19/12 Pending -- -- --
12/11/2012 12/11/12 Price Changed $54,900 -15.4% --
11/07/2012 11/07/12 For Sale $64,900 -- --
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 $1,894 $11,240 $2,211 $9,029
2023 $1,894 $11,240 $2,211 $9,029
2022 $1,894 $11,240 $2,211 $9,029
2021 $938 $6,708 $1,474 $5,234
2020 $980 $6,708 $1,474 $5,234
2019 $1,005 $7,495 $1,474 $6,021
2018 $734 $6,061 $1,228 $4,833
2017 $737 $6,061 $1,228 $4,833
2016 $920 $6,061 $1,228 $4,833
2015 $1,084 $6,557 $1,105 $5,452
2014 $1,787 $6,557 $1,105 $5,452
2013 $1,749 $6,557 $1,105 $5,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08215769

Midwest Real Estate Data (MRED)

APN: 08-13-307-037-1015