NOT LISTED FOR SALE

701 N 5th Ave Unit 303 Addison, IL 60101

Estimated Value: $262,000 - $377,000

2 Beds
2 Baths
1,380 Sq Ft
$210/mo HOA Fee

Last Sold April 04, 2013

Last sale price $112,000 $81 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $2,294/month

106 Days on Market

Highlights

  • Attached Garage
  • Breakfast Bar
  • Forced Air Heating and Cooling System

About This Home

As of April 2013

Very spacious and sunny! Nice newer condo unit in great neighborhood! Move-in ready! Freddie Mac owned. Sold in as-is condition. Seller will not provide survey. Taxes will be prorated at 100%. Pre-approval or proof of funds should accompany all offers. Earnest money must be certified check. Owner occupants only through 11/20/2012.

Last Agent to Sell the Property

Egle Vasiliauskiene

Listed on: 11/05/2012

Last Buyer's Agent

Janet Baier

RE/MAX Liberty License #471001019

RE/MAX Liberty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,522

Year Built

  • 2001

Lot Details

  • 4.19

HOA Fees

  • $210 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Breakfast Bar
  • Primary Bathroom is a Full Bathroom

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,522

Year Built

2001

Lot Details

0

HOA Fees

$210 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Interstate Access
  • Type Attached: Condo
  • Unit Floor Level: 3
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 2001

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X14, On Level: 3rd Level, Flooring: Carpet, Windows: None
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 6X5, On Level: 3rd Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 13X11, On Level: 3rd Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 13X13, On Level: 3rd Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X10, On Level: 3rd Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 12X10, On Level: 3rd Level, Flooring: Carpet
  • Estimated Sq Ft: 1380
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Aluminum Siding, Brick

Garage/Parking

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

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 35
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Weight Limitation
  • Common Area Amenities: Elevator
  • Assessment/Association Fees: 210
  • Assessment Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger

Schools

  • School District: 88
  • Elementary School: FULLERTON ELEMENTARY SCHOOL
  • Middle School: INDIAN TRAIL JUNIOR HIGH SCHOOL
  • High School: ADDISON TRAIL HIGH SCHOOL
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 10
  • Number Stories: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2012
Closed on
Mar 4, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Coglianese Pete J and Coglianese Concetta T
Seller's Agent
Egle Vasiliauskiene
Buyer's Agent
Janet Baier
RE/MAX Liberty
List Price
$133,875
Sold Price
$112,000
Premium/Discount to List
-$21,875
-16.34%
Total Days on Market
106
Current Estimated Value
$304,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,186
Avg. Annual Appreciation
8.55%
Original Mortgage
$84,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2012
Sold by
Benitez Floro A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 28, 2006
Sold by
Oxford Bank & Trust
Bought by
Benitez Floro A and Benitez Sylvia Neria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,600
Interest Rate
6.37%
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 Buyer Sale Price Title Company
Coglianese Pete J $298,666 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Benitez Floro A $241,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coglianese Peter J $133,700
Closed Coglianese Pete J $84,000
Previous Owner Benitez Floro A $204,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2013 04/05/13 Off Market $112,000 -- --
04/04/2013 04/04/13 Sold $112,000 +1.9% $81 / Sq Ft
02/19/2013 02/19/13 Pending -- -- --
02/07/2013 02/07/13 Price Changed $109,900 -12.0% $80 / Sq Ft
12/07/2012 12/07/12 Price Changed $124,900 -6.7% $91 / Sq Ft
11/05/2012 11/05/12 For Sale $133,875 -- $97 / 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
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: MRD08214422

Midwest Real Estate Data (MRED)

APN: 03-20-327-049