$155,000
SOLD NOV 17, 2015

701 N 5th Ave Unit 202 Addison, IL 60101

2 Beds
2 Baths
1,380 Sq Ft
$242/mo HOA Fee

Recently Sold

$112 Per Sq Ft

11% Below List Price

13 Days on Market

Highlights

  • Lower Floor Utility Room
  • Attached Garage
  • Property is near a bus stop
  • Balcony
  • Breakfast Bar
  • Central Air

About This Home

As of November 2015

Lovely 2 bdrm 2 bath condo in nice quite location. 1380 sq ft, open floor plan, large eat in kitchen, formal dining room, balcony, garage parking space plus storage. Short sale, needs lender approval, however short sale process already started. In unit washer and dryer.

Last Agent to Sell the Property

Kinga Korpacz

Exit Realty Redefined License #475141596 Listed on: 07/30/2015

Exit Realty Redefined

Last Buyer's Agent

Angie Corcione

Fulton Grace Realty License #471008538

Fulton Grace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,759

Year Built

  • 2005

HOA Fees

  • $242 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Lower Floor Utility Room
  • Storage

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,759

Year Built

2005

Lot Details

0

HOA Fees

$242 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Disability Access: Yes
  • Disability Access Details: Doors-Swing-In, Entry Slope less than 1 foot
  • Unit Floor Level: 2
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2005

Interior Features

  • Interior Property Features: Elevator, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 16X15, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 17X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 16X13, On Level: 2nd Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Utility Room-Lower Level
  • Master Bedroom: Dimensions: 17X11, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Utility Room-Lower Level, Dimensions: 5X6, On Level: Lower
  • Bedroom 2: Dimensions: 15X10, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 1380
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Aluminum Siding, Brick
  • Exterior Property Features: Balcony

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 35
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 242
  • Management Contact Name: Claudia Moore
  • Management Phone: 630-773-1001

Fee Information

  • Management Company: Avanti Place

Schools

  • School District: 88
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 0320327044

Multi Family

  • Total Number Unitsin Building: 10
  • Number Stories: 3

Tax Info

  • Taxes: 3668

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2017
Sold by
Culotta Salvatore and Culotta Concetta
Bought by
Culotta Salvatore and Culotta Concetta
Current Estimated Value
$283,323

Purchase Details

Listed on
Jul 30, 2015
Closed on
Nov 17, 2015
Sold by
Dolinskaia Stephania
Bought by
Culotta Salvatore and Culotta Concetta
Seller's Agent
Kinga Korpacz
Exit Realty Redefined
Buyer's Agent
Angie Corcione
Fulton Grace Realty
List Price
$175,000
Sold Price
$155,000
Premium/Discount to List
-$20,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%

Purchase Details

Closed on
Sep 14, 2006
Sold by
Dolinskaia Stephania
Bought by
Prairie Bank & Trust Co and Trust #06-110

Purchase Details

Closed on
May 9, 2006
Sold by
Oxford Bank & Trust
Bought by
Dolinskaia Stephania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,654
Interest Rate
6.66%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $155,000 Old Republic Title
Quit Claim Deed -- None Available
Deed $247,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $197,654 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2019 03/11/19 Rented $1,500 0.0% --
02/22/2019 02/22/19 For Rent $1,500 0.0% --
11/17/2015 11/17/15 Sold $155,000 -11.4% $112 / Sq Ft
08/12/2015 08/12/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $175,000 -- $127 / 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 $4,759 $75,526 $5,461 $70,065
2023 $4,522 $69,430 $5,020 $64,410
2022 $4,241 $63,590 $4,600 $58,990
2021 $4,056 $60,910 $4,410 $56,500
2020 $3,937 $58,340 $4,220 $54,120
2019 $3,901 $56,100 $4,060 $52,040
2018 $4,067 $56,100 $4,060 $52,040
2017 $3,953 $53,620 $3,880 $49,740
2016 $3,828 $49,500 $3,580 $45,920
2015 $3,714 $45,730 $3,310 $42,420
2014 $3,738 $45,730 $3,310 $42,420
2013 $3,668 $46,670 $3,380 $43,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08997949

Midwest Real Estate Data (MRED)

APN: 03-20-327-044