NOT LISTED FOR SALE

701 Elmhurst Rd Unit E Des Plaines, IL 60016

Estimated Value: $178,000 - $192,000

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

Last Sold September 29, 2016

Last sale price $67,000 $74 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,462/month

161 Days on Market

Highlights

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

About This Home

As of September 2016

2 BEDROOM CONDO, SECOND FLOOR, FRESHLY PAINTED, NEW BEDROOM CARPET. NICE KITCHEN EATING AREA, NEW STOVE AND DISHWASHER. THIS IS A FANNIE MAE HOMEPATH PROPERTY. FIRST TIME BUYERS ARE ELIGIBLE TO COMPLETE THE HOMEPATH READY BUYER COURSE ON HOMEPATH WEBSITE AND REQUEST UP TO 3% CLOSING COST ASSISTANCE. MUST ATTACH CERTIFICATE TO ORIGINAL OFFER. Check Homepath for more details. Restrictions apply.

Last Agent to Sell the Property

Anna Cherniak

A Team Realty Inc. License #471016610 Listed on: 03/09/2016

Last Buyer's Agent

Rutul Parekh

ARNI Realty Incorporated License #471021588

ARNI Realty Incorporated

Property Details

Home Type

  • Condominium

Year Built

  • 1972

Lot Details

  • 2.06

HOA Fees

  • $275 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Breakfast Bar
  • Microwave

Basement

  • Basement Fills Entire Space Under The House

Parking

  • Parking Available
  • Parking Included in Price
  • Unassigned Parking

Utilities

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

Property Details

Home Type

Condominium

Year Built

1972

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1972
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1972

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 22X12, On Level: 2nd Level, Flooring: Wood Laminate
  • Appliances: Microwave
  • Equipment: TV-Cable
  • Basement: Full
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: 2nd Level, Flooring: Ceramic Tile
  • Kitchen Type: Dimensions: 16X8, On Level: 2nd Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 900
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Unassigned
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: No Pets
  • Common Area Amenities: Coin Laundry, Storage, Security Door Locks
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 275
  • Management Contact Name: MANAGEMENT
  • Management Phone: 224-410-7613

Fee Information

  • Management Company: Kathleen Drive Condo Association

Schools

  • Junior High Dist: 59

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 08133070371018

Multi Family

  • Total Number Unitsin Building: 37
  • Number Stories: 2

Tax Info

  • Taxes: 1786.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2019
Sold by
Patel Brijesh and Patel Asha
Bought by
Patel Brijesh
Current Estimated Value
$181,539

Purchase Details

Closed on
Jan 6, 2017
Sold by
Patel Vasant
Bought by
Patel Hasumatibahen and Patel Brijesh

Purchase Details

Listed on
Mar 9, 2016
Closed on
Sep 22, 2016
Sold by
Fannie Mae
Bought by
Patel Vasant
Seller's Agent
Anna Cherniak
A Team Realty Inc.
Buyer's Agent
Rutul Parekh
ARNI Realty Incorporated
List Price
$83,900
Sold Price
$67,000
Premium/Discount to List
-$16,900
-20.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%

Purchase Details

Closed on
Oct 26, 2015
Sold by
Garus Piotr A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 26, 2003
Sold by
Greenberg Charles L
Bought by
Garus Piotr A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
5.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patel Brijesh -- Attorney
Patel Hasumatibahen $75,000 First American Title
Patel Vasant -- Premier Title
Federal National Mortgage Association -- Premier Title
Garus Piotr A $102,000 Burnet Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garus Piotr A $81,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2016 09/29/16 Sold $67,000 -6.9% $74 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
08/05/2016 08/05/16 Price Changed $72,000 -9.9% $80 / Sq Ft
07/05/2016 07/05/16 Price Changed $79,900 -4.8% $89 / Sq Ft
07/04/2016 07/04/16 For Sale $83,900 0.0% $93 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
04/10/2016 04/10/16 Price Changed $83,900 -6.7% $93 / Sq Ft
03/09/2016 03/09/16 For Sale $89,900 -- $100 / 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
2025 $2,848 $19,000 $2,580 $16,420
2024 $2,848 $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 $1,864 $6,708 $1,474 $5,234
2020 $1,823 $6,708 $1,474 $5,234
2019 $1,853 $7,495 $1,474 $6,021
2018 $1,694 $6,061 $1,228 $4,833
2017 $1,663 $6,061 $1,228 $4,833
2016 $1,564 $6,061 $1,228 $4,833
2015 $1,807 $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: MRD09162601

Midwest Real Estate Data (MRED)

APN: 08-13-307-037-1018