NOT LISTED FOR SALE

701 W Central Rd Unit 1B4 Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $138,000 - $166,000

2 Beds
1 Bath
-- Sq Ft
4.18 Acres Lot

Sale Details

Date Sold: April 26, 2018

Last sale price $93,000

Est. 65% increase in value since last sale

Current estimated payment $1,206 / mo

3 Days on Market

Highlights

  • Active Adult
  • Balcony
  • Property is near bus stop
  • End Unit
  • Breakfast Bar
  • Central Air

About This Home

As of April 2018

Move-in ready, Desirable 55 & older adult community Central Village Condo. Close to Metra & downtown restaurants and shops. 2017 New A/C. Plenty of kitchen storage with 42" cabinets & pantry closet. Eat-in kitchen area. Washer and dryer in unit. Unit is on 2nd level, corner unit. Sorry NO PETS ALLOWED. No elevators in building. Electric grills only(no gas) on balcony. Taxes are very reasonable. Current owner receives 3 exemptions. Without exemptions taxes would be approx. $1,350/yr.

Last Agent to Sell the Property

Keith Ambler

Picket Fence Realty Mt. Prospect License #475134708 Listed on: 04/04/2018

Co-Listed By

Yvonne Ambler

Berkshire Hathaway HomeServices Starck Real Estate License #475137496

Last Buyer's Agent

Roseann Schumacher

Century 21 Langos & Christian License #471002920

Century 21 Langos & Christian

Property Details

Home Type

  • Condominium

Year Built

  • 1978

Lot Details

  • End Unit
  • Southern Exposure

HOA Fees

  • $169 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Balcony
  • Property is near bus stop

Community Details

  • Active Adult
  • Storm Screens

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Condominium

Year Built

1978

Lot Details

4.18 Acres

HOA Fees

$169 per month

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train, Adult Community
  • Unit Floor Level: 2
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1978
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1978

Interior Features

  • Interior Property Features: Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV-Cable, Ceiling Fan
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 4X4, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X9, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony, Storms/Screens, End Unit, Cable Access
  • Exposure: S (South)

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: No Pets
  • Common Area Amenities: Security Door Locks
  • Assessment Includes: Water, Parking, Common Insurance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 169
  • Management Contact Name: Secretary
  • Management Phone: 630-627-3303

Fee Information

  • Management Company: Hillcrest Prop Mgmt

Schools

  • Junior High Dist: 57
  • Elementary School #2: WESTBROOK SCHOOL FOR YOUNG LEARN

Lot Info

  • Lot Dimensions: INTEGRAL
  • Parcel Identification Number: 08112000321012

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 3

Tax Info

  • Taxes: 20.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2021
Sold by
Gerber Bruce
Bought by
Sassaris Properties Llc
Current Estimated Value
$153,489

Purchase Details

Listed on
Apr 4, 2018
Closed on
Apr 26, 2018
Sold by
Houle Lillian
Bought by
Gerber Bruce
Seller's Agent
Keith Ambler
Picket Fence Realty Mt. Prospect
Buyer's Agent
Roseann Schumacher
Century 21 Langos & Christian
List Price
$92,500
Sold Price
$93,000
Premium/Discount to List
$500
0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%

Purchase Details

Closed on
May 26, 2016
Sold by
Houle Lillian
Bought by
Self Declaration Of Living Trust

Purchase Details

Closed on
Feb 28, 2003
Sold by
Mcqueen Timothy J
Bought by
Houle Lillian

Purchase Details

Closed on
Dec 21, 2002
Sold by
Mcqueen Virginia C
Bought by
Declaration Mcqueen Virginia C and Virginia C Mcqueen Declaration Of Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sassaris Properties Llc $97,000 Heritage Title Company
Gerber Bruce $93,000 Attorneys Title Guaranty Fun
Self Declaration Of Living Trust -- None Available
Houle Lillian $114,900 Atgf Inc
Houle Lillian $114,900 Atgf Inc
Declaration Mcqueen Virginia C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2018 04/26/18 Sold $93,000 +0.5% --
04/07/2018 04/07/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $92,500 -- --
Source: Midwest Real Estate Data (MRED)

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 $2,676 $12,979 $1,360 $11,619
2024 $2,676 $9,610 $1,134 $8,476
2023 $2,573 $9,610 $1,134 $8,476
2022 $2,573 $9,610 $1,134 $8,476
2021 $2,232 $7,162 $736 $6,426
2020 $2,185 $7,162 $736 $6,426
2019 $2,184 $7,965 $736 $7,229
2018 $2,006 $6,557 $623 $5,934
2017 $0 $6,557 $623 $5,934
2016 $20 $6,557 $623 $5,934
2015 $23 $4,588 $510 $4,078
2014 $22 $4,588 $510 $4,078
2013 $23 $4,588 $510 $4,078
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Keith Ambler

    Picket Fence Realty Mt. Prospect

    Section Image
  • Yvonne Ambler

    Seller Co-Listing Agent in 2018

    Yvonne Ambler

    Berkshire Hathaway HomeServices Starck Real Estate

    (847) 508-5804

    1 in this area

    5 Total Sales

    Yvonne Ambler
    Section Image

  • R

    Buyer's Agent in 2018

    Roseann Schumacher

    Century 21 Langos & Christian

    (847) 421-8702

    6 in this area

    35 Total Sales

    Roseann Schumacher
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09905353

Midwest Real Estate Data (MRED)

APN: 08-11-200-032-1012

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

701 W Central Rd Unit 1B4, Mount Prospect, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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