NOT LISTED FOR SALE

701 Elmhurst Rd Unit C Des Plaines, IL 60016

Estimated Value: $162,000 - $167,841

2 Beds
1 Bath
840 Sq Ft
$275/mo HOA Fee

Last Sold July 30, 2021

Last sale price $120,000 $143 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,423/month

3 Days on Market

Highlights

  • Whirlpool Bathtub
  • Patio
  • Forced Air Heating System
  • Elk Grove High School Rated A
  • Resident Manager or Management On Site
  • Combination Dining and Living Room

About This Home

As of July 2021

**RENTALS ARE NOT ALLOWED**MOVE IN CONDITION**GREAT LOCATION**NEWER WINDOWS 2017**REMODELED KITCHEN 2015**REMODELED BATHROOM 2015**NEW REFRIGERATOR 2018**NEW STOVE 2018**NEW DISHWASHER 2018**NEW CARPET 2018**EASY TO SHOW**

Last Agent to Sell the Property

Enrique Aguilar

RE/MAX Horizon License #475138061 Listed on: 06/25/2021

RE/MAX Horizon

Last Buyer's Agent

JC Gonzalez

Cloud Gate Realty LLC License #471021849

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,005

Year Built

  • Built in 1967

Lot Details

  • 2.06

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Ranch Property
  • Brick Exterior Construction

Interior Spaces

  • 840 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom
  • Whirlpool Bathtub

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Patio

Schools

  • Brentwood Elementary School
  • Friendship Junior High School
  • Elk Grove High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 37 Units
  • Aida Association, Phone Number (224) 210-2511
  • Property managed by Nea Maya RE & Development

Pet Policy

  • No Pets Allowed

Additional Features

  • Coin Laundry
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,005

Year Built

Built in 1967

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Ground Level Ranch
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Ground Level Ranch
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 840
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: West
  • ExteriorFeatures: Patio
  • List Price: 120000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 (Window/Wall Unit)
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 275
  • Association Amenities: Coin Laundry
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Nea Maya RE & Development
  • Management Contact Name: Aida
  • Management Phone: 224-210-2511

Fee Information

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

Schools

  • Elementary School: Brentwood Elementary School
  • High School: Elk Grove High School
  • Middle/Junior School: Friendship Junior High School
  • Middle/Junior School District: 59

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1005.07
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Jul 27, 2021
Sold by
Gallegos Carlos Polibio Jara
Bought by
Camacho Maria
Seller's Agent
Enrique Aguilar
RE/MAX Horizon
Buyer's Agent
JC Gonzalez
Cloud Gate Realty LLC
List Price
$120,000
Sold Price
$120,000
Total Days on Market
3
Current Estimated Value
$164,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,460
Avg. Annual Appreciation
8.95%
Original Mortgage
$116,400
Outstanding Balance
$107,108
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$59,695

Purchase Details

Listed on
Nov 17, 2014
Closed on
Feb 3, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Polibio Carlos and Gallegos Jara
Seller's Agent
Robert Padron
Re/Max Cityview
Buyer's Agent
Enrique Aguilar
RE/MAX Countryside
List Price
$74,900
Sold Price
$62,000
Premium/Discount to List
-$12,900
-17.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%

Purchase Details

Closed on
Mar 24, 2014
Sold by
Shah Chandrakant
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 25, 2001
Sold by
Shah Atul and Shah Dharmistha
Bought by
Shah Chandrakant and Shah Nila C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.2%

Purchase Details

Closed on
May 11, 2001
Sold by
Shah Mahendra P and Shah Daxa M
Bought by
Shah Atul and Shah Dharmistha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.2%

Purchase Details

Closed on
Sep 27, 1995
Sold by
Vaiisi Kenneth W
Bought by
Shah Mahendra P and Shah Daxa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.91%
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
Camacho Maria $120,000 Chicago Title
Polibio Carlos -- First American Title
Federal Home Loan Mortgage Corporation -- None Available
Shah Chandrakant $91,500 --
Shah Atul $74,500 --
Shah Mahendra P $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camacho Maria $116,400
Previous Owner Shah Chandrakant $90,000
Previous Owner Shah Chandrakant $93,800
Previous Owner Shah Chandrakant $60,000
Previous Owner Shah Chandrakant $70,000
Previous Owner Shah Atul $59,600
Previous Owner Shah Mahendra P $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $120,000 0.0% $143 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $120,000 +93.5% $143 / Sq Ft
02/26/2015 02/26/15 Sold $62,000 -4.5% $74 / Sq Ft
01/30/2015 01/30/15 Pending -- -- --
01/21/2015 01/21/15 Price Changed $64,900 -12.2% $77 / Sq Ft
12/17/2014 12/17/14 Price Changed $73,900 -1.3% $88 / Sq Ft
11/17/2014 11/17/14 For Sale $74,900 -- $89 / 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 $2,723 $11,240 $2,211 $9,029
2023 $2,723 $11,240 $2,211 $9,029
2022 $2,723 $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 $1,087 $6,557 $1,105 $5,452
2013 $1,047 $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: 11135530

Midwest Real Estate Data (MRED)

APN: 08-13-307-037-1016