$61,000
SOLD JUL 18, 2012

714 E Algonquin Rd Unit J204 Arlington Heights, IL 60005

Mount Shire Neighborhood
1 Bed
1 Bath
-- Sq Ft
$257/mo HOA Fee

Recently Sold

7% Below List Price

25 Days on Market

Highlights

  • Den
  • Rolling Meadows High School Rated A+
  • Baseboard Heating

About This Home

As of August 2022

FORECLOSED PROPERTY AWAITING NEW OWNERS 2ND FLOOR CONDO LARGE KITCHEN W/BREAKFAST BAR, FRENCH DOOR LEADING TO DEN PRIVATE BALCONY, LARGE CLOSETS. LAUNDRY ON THE SAME FLOOR. GREAT INTERIOR LOCATION. This property is eligible under the Freddie Mac First Look Initiative through 05/25/2012 OWNER OCCUPIED BUYERS ONLY THRU THIS DATE.

Last Agent to Sell the Property

Corey Scott

MNK Realty Professionals LLC License #471012302 Listed on: 05/11/2012

Co-Listed By

Nicole Prowell

Last Buyer's Agent

Richard Shadid

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,785

Year Built

  • 1971

HOA Fees

  • $257 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Den

Parking

  • Parking Available
  • 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

  • Pets Allowed

Listing and Financial Details

  • $1,830 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,785

Year Built

1971

Lot Details

0

HOA Fees

$257 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Type Attached: Condo
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1971

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 22X13, On Level: Main Level, Flooring: Carpet
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 11X9, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 13X9, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Unassigned
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Baseboard, Radiant

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 257
  • Assessment Includes: Heat, Water, Parking, Common Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: U

Schools

  • School District: 214
  • Junior High Dist: 59

Lot Info

  • Lot Dimensions: INTEGRAL

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jul 9, 2022
Sold by
Chrisman Michael
Bought by
Pere Elizabeth and Perez Magdalena
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
$163,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,574
Avg. Annual Appreciation
10.02%
Original Mortgage
$116,375
Outstanding Balance
$112,324
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$48,934

Purchase Details

Listed on
May 11, 2012
Closed on
Jun 18, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Chrisman Michael
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
Stoklosa Krzysztof and Bac Home Loans Servicing Lp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 1, 2005
Sold by
Neuschaefer Jeffrey F
Bought by
Stoklosa Krzysztof

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
Farley Michelle L and Harris Michelle L
Bought by
Neuschaefer Jeffrey F

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
Lasalle National Trust Na
Bought by
Farley Michelle L

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:

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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 Type Sale Price Title Company
Warranty Deed $122,500 None Listed On Document
Special Warranty Deed $61,000 Atgf Inc
Legal Action Court Order -- None Available
Warranty Deed $138,000 Atgf Inc
Warranty Deed $40,500 Advanced Title Services Inc
Trustee Deed $79,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $116,375 New Conventional
Previous Owner $54,900 New Conventional
Previous Owner $124,200 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $76,000 Unknown
Previous Owner $64,800 No Value Available
Previous Owner $63,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
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 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
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

    1 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

    54 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: MRD08064716

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

This home is located at 714 E Algonquin Rd Unit J204, Arlington Heights, IL 60005 and is currently priced at $61,000. This property was built in 1971. 714 E Algonquin Rd Unit J204 is a home located in Cook County with nearby schools including Holmes Jr High School, John Jay Elementary School, and Rolling Meadows High School.

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