NOT LISTED FOR SALE

705 W Central Rd Unit A8 Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $141,000 - $159,000

1 Bed
1 Bath
-- Sq Ft
4.18 Acre Lot

Sale Details

Date Sold: July 26, 2024

Last sale price $130,000

Est. 15% increase in value since last sale

Current estimated payment $1,166 / mo

2 Days on Market

Highlights

  • Main Floor Bedroom
  • Patio
  • Forced Air Heating and Cooling System
  • Lions Park Elementary School Rated 9+
  • Laundry Room
  • Combination Dining and Living Room

About This Home

As of July 2024

Great First Floor condo in central village at a really affordable price. This is a 55 and over community and this first floor unit is perfect because you can come and go without any stairs at all . . . and you can walk right out onto your patio! This home features an open kitchen with a breakfast counter plus in unit laundry . . . . all at a very attractive price.

Last Agent to Sell the Property

Adam Max

Compass License #471022028 Listed on: 06/26/2024

Compass

Co-Listed By

Michael Max

Compass License #475172064

Last Buyer's Agent

Matthew Messel

Compass License #475173623

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,404

Year Built

  • Built in 1978

Lot Details

  • 4.18

HOA Fees

  • $153 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Window Screens
  • Family Room
  • Combination Dining and Living Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 1 Parking Space
  • Unassigned Parking

Outdoor Features

  • Patio

Schools

  • Fairview Elementary School
  • Lincoln Junior High School
  • Prospect High School

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Mydraine Janvier Association, Phone Number (847) 517-4400
  • Central Village Subdivision
  • Property managed by Alma Management

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,404

Year Built

Built in 1978

Lot Details

4.18 Acres

HOA Fees

$153 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Central Village
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Adult Community
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Laminate
  • Interior Amenities: 1st Floor Bedroom
  • Room Type: No additional rooms
  • Stories Total: 3
  • Window Features: Screens
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • Patio And Porch Features: Patio
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, On Site
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Washer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 153
  • Association Amenities: None
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Alma Management
  • Management Contact Name: Mydraine Janvier
  • Management Phone: 847-517-4400
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Fairview Elementary School
  • High School: Prospect High School
  • Middle/Junior School: Lincoln Junior High School

Lot Info

  • Lot Dimensions: INTEGRAL
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 2404
  • Tax Year: 2022

Multi Family

  • Units in Building: 12

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
Bought by
Current Estimated Value
$149,290

Purchase Details

Listed on
Jun 26, 2024
Closed on
Jul 20, 2024
Sold by
Bought by
Seller's Agent
Adam Max
Compass
Buyer's Agent
Matthew Messel
Compass
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%

Purchase Details

Listed on
Feb 16, 2017
Closed on
Feb 14, 2017
Sold by
Bought by
Seller's Agent
Michael Max
Compass
Buyer's Agent
Michael Max
Compass
Sold Price
$850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%

Purchase Details

Closed on
Jul 17, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$130,000 None Listed On Document
$61,500 Precision Title
-- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $185,000
Previous Owner $25,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2024 07/26/24 Sold $130,000 0.0% --
06/29/2024 06/29/24 Pending -- -- --
06/26/2024 06/26/24 Off Market $130,000 -- --
06/26/2024 06/26/24 For Sale $125,000 0.0% --
10/05/2022 10/05/22 Rented $1,150 0.0% --
10/05/2022 10/05/22 For Rent $1,150 +27.8% --
11/23/2020 11/23/20 Rented $900 0.0% --
11/18/2020 11/18/20 Under Contract -- -- --
11/02/2020 11/02/20 For Rent $900 0.0% --
09/11/2020 09/11/20 Rented $900 0.0% --
08/20/2020 08/20/20 For Rent $900 +5.9% --
02/22/2017 02/22/17 Rented $850 0.0% --
02/16/2017 02/16/17 For Rent $850 0.0% --
02/15/2017 02/15/17 Sold $61,500 -10.1% -- View Prior Sale
01/06/2017 01/06/17 Pending -- -- --
12/31/2016 12/31/16 For Sale $68,400 0.0% --
12/05/2016 12/05/16 Pending -- -- --
11/03/2016 11/03/16 Price Changed $68,400 -2.1% --
10/14/2016 10/14/16 Price Changed $69,900 -6.7% --
09/16/2016 09/16/16 For Sale $74,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,404 $11,420 $1,222 $10,198
2024 $2,404 $8,632 $1,018 $7,614
2023 $2,312 $8,632 $1,018 $7,614
2022 $2,312 $8,632 $1,018 $7,614
2021 $2,005 $6,434 $661 $5,773
2020 $1,963 $6,434 $661 $5,773
2019 $1,962 $7,155 $661 $6,494
2018 $1,802 $5,891 $560 $5,331
2017 $772 $5,891 $560 $5,331
2016 $902 $5,891 $560 $5,331
2015 $435 $4,121 $458 $3,663
2014 $444 $4,121 $458 $3,663
2013 $426 $4,121 $458 $3,663
Source: Public Records

Agents Affiliated with this Home

  • Adam Max

    Seller's Agent in 2024

    Adam Max

    Compass

    (847) 361-3756

    1 in this area

    106 Total Sales

    Adam Max
    Section Image
  • Michael Max

    Seller Co-Listing Agent in 2024

    Michael Max

    Compass

    (847) 323-4619

    1 in this area

    72 Total Sales

    Michael Max
    Section Image
  • Matthew Messel

    Buyer's Agent in 2024

    Matthew Messel

    Compass

    (847) 420-1269

    5 in this area

    627 Total Sales

    Matthew Messel
    Section Image
  • Aspasia Poziwilko

    Buyer's Agent in 2022

    Aspasia Poziwilko

    Berkshire Hathaway HomeServices Starck Real Estate

    (847) 772-6939

    1 in this area

    46 Total Sales

    Aspasia Poziwilko
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    NON MEMBER

  • D

    Buyer's Agent in 2020

    David Max

    Compass

    (847) 507-0868

    24 Total Sales

    David Max
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12094855

Midwest Real Estate Data (MRED)

APN: 08-11-200-032-1174

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

705 W Central Rd Unit A8, 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.