NOT LISTED FOR SALE

714 E Algonquin Rd Unit J204 Arlington Heights, IL 60005

Mount Shire Neighborhood

Estimated Value: $156,000 - $176,000

1 Bed
1 Bath
850 Sq Ft
14.28 Acre Lot

Sale Details

Date Sold: August 5, 2022

Last sale price $122,500 $144 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,407 / mo

Highlights

  • Den
  • Living Room
  • Dogs and Cats Allowed
  • Rolling Meadows High School Rated A+
  • Baseboard Heating

About This Home

As of August 2022

Why own when you can rent! 1 Bedroom, 1 bathroom sun drenched condo located in the heart of Arlington Heights. Great location with shopping, restaurants, and parks within minutes. Don't pass up on this opportunity. INVESTORS WELCOME, RENTALS ALLOWED!

Last Agent to Sell the Property

Param Patel

Realty of America, LLC License #475181717 Listed on: 06/14/2022

Realty of America, LLC

Last Buyer's Agent

Param Patel

Realty of America, LLC License #475181717 Listed on: 06/14/2022

Realty of America, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 1979

Lot Details

  • 14.28

HOA Fees

  • $282 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Den

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Radiant Heating System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Scott Walczak Association, Phone Number (847) 985-6464
  • Property managed by American Property Management

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,573

Year Built

Built in 1979

Lot Details

14.28 Acres

HOA Fees

$282 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 850
  • Room Type: Den
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Baseboard, Radiant
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 282
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: American Property Management
  • Management Contact Name: Scott Walczak
  • Management Phone: 847-985-6464
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1573.26
  • Tax Year: 2020
  • Tax Exemptions: None

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

Listed on
Jun 14, 2022
Closed on
Jul 9, 2022
Sold by
Bought by
Seller's Agent
Param Patel
Realty of America, LLC
Buyer's Agent
Param Patel
Realty of America, LLC
List Price
$122,500
Sold Price
$122,500
Current Estimated Value
$166,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,816
Avg. Annual Appreciation
8.20%
Original Mortgage
$116,375
Outstanding Balance
$111,236
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$55,080

Purchase Details

Listed on
May 11, 2012
Closed on
Jun 18, 2012
Sold by
Bought by
Seller's Agent
Corey Scott
MNK Realty Professionals LLC
Buyer's Agent
Richard Shadid
List Price
$65,500
Sold Price
$61,000
Premium/Discount to List
-$4,500
-6.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$54,900
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
7.25%

Purchase Details

Closed on
May 11, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
8.5%
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

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
$122,500 None Listed On Document
$61,000 Atgf Inc
-- None Available
$138,000 Atgf Inc
$40,500 Advanced Title Services Inc
$79,500 --
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 $116,375
Previous Owner $54,900
Previous Owner $124,200
Previous Owner $64,800
Previous Owner $63,500
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
08/05/2022 08/05/22 Sold $122,500 0.0% $144 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $122,500 +100.8% $144 / Sq Ft
07/18/2012 07/18/12 Sold $61,000 -6.9% -- View Prior Sale
06/05/2012 06/05/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $65,500 -- --
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 $2,785 $13,850 $2,084 $11,766
2024 $2,785 $10,768 $1,755 $9,013
2023 $1,813 $10,768 $1,755 $9,013
2022 $1,813 $10,768 $1,755 $9,013
2021 $1,555 $8,833 $1,151 $7,682
2020 $1,573 $8,833 $1,151 $7,682
2019 $1,609 $9,900 $1,151 $8,749
2018 $772 $6,195 $987 $5,208
2017 $1,708 $6,195 $987 $5,208
2016 $1,598 $6,195 $987 $5,208
2015 $1,390 $5,011 $877 $4,134
2014 $1,372 $5,011 $877 $4,134
2013 $1,339 $5,011 $877 $4,134
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Param Patel

    Realty of America, LLC

    (224) 538-0631

    2 in this area

    26 Total Sales

    Param Patel
    Section Image
  • Corey Scott

    Seller's Agent in 2012

    Corey Scott

    MNK Realty Professionals LLC

    (708) 374-7332

    44 Total Sales

    Corey Scott
    Section Image

  • N

    Seller Co-Listing Agent in 2012

    Nicole Prowell

  • R

    Buyer's Agent in 2012

    Richard Shadid

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11434633

Midwest Real Estate Data (MRED)

APN: 08-15-301-005-1220

Illinois Cook County Arlington Heights 60005 Mount Shire

714 E Algonquin Rd Unit J204, Arlington Heights, 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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