NOT LISTED FOR SALE

707 W Central Rd Unit A5 Mount Prospect, IL 60056

Downtown Mount Prospect Neighborhood

Estimated Value: $145,000 - $175,000

2 Beds
1 Bath
-- Sq Ft
182,081 Sq Ft Lot

Sale Details

Date Sold: November 30, 2021

Last sale price $100,000

Est. 59% increase in value since last sale

Current estimated payment $1,262 / mo

5 Days on Market

About This Home

As of November 2021

Great 2 bed, one bath condo located on desirable FIRST FLOOR! Fresh new paint, new carpet, new kitchen flooring, nice size rooms, updated bathroom, and washer/dryer in unit! This is a 55+ Community. You must be 55+ to live there, but you don't have to be 55+ to own as investment property. No pets allowed. Close proximity to Downtown Mount Prospect, Downtown Arlington Heights, Metra Train, and several parks and trails.

Last Agent to Sell the Property

Andrew Stengren

Berkshire Hathaway HomeServices Starck Real Estate License #471019287 Listed on: 10/19/2021

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Mike Jeirnic

Century 21 Circle License #475181453

Property Details

Home Type

  • Condominium

Year Built

  • 1981

Lot Details

  • 4.18

HOA Fees

  • $183 per month

Home Design

  • Brick Exterior Construction

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Community Details

Overview

  • 12 Units
  • Valerie George Association, Phone Number (630) 785-6012
  • Property managed by Hillcrest

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

1981

Lot Details

4.18 Acres

HOA Fees

$183 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 31-40 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
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • Directions: Northwest Highway to Central and go West to Central Village entrance on South side of Central.
  • Lot Size: INTEGRAL
  • New Construction: No
  • Ownership: Condo
  • Subdivision Name: Central Village
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1981

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: No additional rooms
  • Stories: 3

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Electric: Circuit Breakers
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Hillcrest
  • Management Contact Name: Valerie George
  • Management Phone: 630-785-6012
  • Association Fee: 183
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Schools

  • Junior High Dist: 214
  • Middle Or Junior School: Lincoln Junior High School

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Multi Family

  • Units in Building: 12

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 2184.41
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Nov 23, 2021
Sold by
Siploa Deborah G and Sipola Family Trust
Bought by
Chicago Title Land Trust Company and Trust Number 8002386948
Seller's Agent
Andrew Stengren
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Mike Jeirnic
Century 21 Circle
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$158,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,898
Avg. Annual Appreciation
11.29%

Purchase Details

Closed on
Nov 5, 2005
Sold by
Sipola Jan M and Sipola Deborah G
Bought by
Sipola Jan M and Sipola Deborah G

Purchase Details

Closed on
Jul 14, 2003
Sold by
Sipola Jan M
Bought by
Sipola Jan M and Sipola Deborah G

Purchase Details

Closed on
Feb 25, 2003
Sold by
Sipola Vince J
Bought by
Sipola Jan M and Sipola Deborah G

Purchase Details

Closed on
May 9, 1997
Sold by
Zimmer Mathias and Zimmer Maria
Bought by
Sipola Ruth H

Purchase Details

Closed on
Aug 4, 1994
Sold by
Dell Elizabeth A
Bought by
Zimmer Maria
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
Chicago Title Land Trust Company $100,000 Chicago Title
Sipola Jan M -- --
Sipola Jan M -- --
Sipola Jan M -- --
Sipola Ruth H $77,500 Attorneys Natl Title Network
Zimmer Maria $67,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $100,000 0.0% --
10/25/2021 10/25/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $100,000 0.0% --
09/17/2018 09/17/18 Rented $1,050 0.0% --
09/14/2018 09/14/18 Off Market $1,050 -- --
09/06/2018 09/06/18 For Rent $1,050 +10.5% --
10/01/2017 10/01/17 Rented $950 0.0% --
07/20/2017 07/20/17 For Rent $950 -- --
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 $2,011 $6,557 $623 $5,934
2016 $1,742 $6,557 $623 $5,934
2015 $1,334 $4,588 $510 $4,078
2014 $1,311 $4,588 $510 $4,078
2013 $1,310 $4,588 $510 $4,078
Source: Public Records

Agents Affiliated with this Home

  • Andrew Stengren

    Seller's Agent in 2021

    Andrew Stengren

    Berkshire Hathaway HomeServices Starck Real Estate

    (847) 894-5190

    1 in this area

    39 Total Sales

    Andrew Stengren
    Section Image

  • M

    Buyer's Agent in 2021

    Mike Jeirnic

    Century 21 Circle

  • P

    Seller's Agent in 2018

    Patty O'Brien

    Berkshire Hathaway HomeServices Starck Real Estate

    (847) 255-3900

    3 in this area

    5 Total Sales

    Patty O'Brien
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11152919

Midwest Real Estate Data (MRED)

APN: 08-11-200-032-1172

Illinois Cook County Mount Prospect 60056 Downtown Mount Prospect

707 W Central Rd Unit A5, Mount Prospect, IL

Not Listed for Sale

Condos

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Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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