$237,500
SOLD OCT 21, 2022

717 N 5th Ave Unit 101 Addison, IL 60101

2 Beds
2 Baths
1,480 Sq Ft
$321/mo HOA Fee

Recently Sold

$160 Per Sq Ft

1% Below List Price

2 Days on Market

Highlights

  • 1 Car Attached Garage
  • Laundry Room
  • Dining Room
  • Living Room
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed

About This Home

As of October 2022

RARE FIND - Welcome to this spacious FIRST FLOOR 2-bedroom/2-bathroom condo in the Avanti Condominiums. Boasting nearly 1,500 SQFT of living space, this unit offers a smart floor plan that seamlessly connects the kitchen, living/dining room, and large PRIVATE BALCONY. The bright eat-in kitchen features stainless steal appliances, hardwood floors, and a large pantry for plenty of storage. BRAND NEW CARPET throughout the entire living/dining space and both bedrooms! Two spacious bedrooms with the primary featuring a massive walk-in closet and an en-suite bathroom with a standing shower. NEW WINDOWS (2022) in both bedrooms and the living room! IN-UNIT LAUNDRY with a brand new dryer (2022) and newer washer. This unit is located in one of two buildings in the entire community that is made from concrete, meaning that the building is extremely durable. It's also clean, well-managed, and elevator equipped. Newer A/C unit (2018). One HEATED GARAGE PARKING SPOT is available with the unit as well as ample outdoor parking. Additional private storage is located in the garage as well. INCREDIBLE LOCATION - expressways, shopping, dinning, schools, parks, movies, and more are all within a 5 minute drive! Investor-friendly. This one is a no-brainer!

Last Agent to Sell the Property

Peter Nicieja

Compass License #475194202 Listed on: 10/06/2022

Compass

Last Buyer's Agent

Janet Baier

RE/MAX Liberty License #471001019

RE/MAX Liberty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,068

Year Built

  • Built in 2001

HOA Fees

  • $321 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,480 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Wesley Elementary School
  • Indian Trail Junior High School
  • Addison Trail High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 10 Units
  • Michelle Association, Phone Number (630) 351-5600
  • Avanti Place Subdivision
  • Property managed by Dandre Management

Pet Policy

  • Pets up to 35 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,068

Year Built

Built in 2001

Lot Details

0

HOA Fees

$321 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Avanti Place
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • AttributionContact: (773) 598-0216
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1480
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 239900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 321
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Dandre Management
  • Management Contact Name: Michelle
  • Management Phone: 630-351-5600
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Wesley Elementary School
  • High School: Addison Trail High School
  • Middle/Junior School: Indian Trail Junior High School
  • Middle/Junior School District: 4

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 35

Tax Info

  • Tax Annual Amount: 4068.1
  • Tax Year: 2021

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2022
Closed on
Oct 18, 2022
Sold by
Lopez Neftali C
Bought by
Esquibel Family Joint Revocable Trust
Seller's Agent
Janet Baier
RE/MAX Liberty
Buyer's Agent
Janet Baier
RE/MAX Liberty
Sold Price
$1,800
Views
7
Current Estimated Value
$282,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,130
Avg. Annual Appreciation
4.80%

Purchase Details

Closed on
Aug 15, 2006
Sold by
Oxford Bank & Trust
Bought by
Lopez Neftali C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,405
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $237,500 Lakeland Title Services
Deed $270,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $143,250 New Conventional
Previous Owner $210,700 New Conventional
Previous Owner $256,405 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2022 11/05/22 Rented $1,800 0.0% --
10/22/2022 10/22/22 For Rent $1,800 0.0% --
10/21/2022 10/21/22 Sold $237,500 -1.0% $160 / Sq Ft
10/09/2022 10/09/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $239,900 -- $162 / Sq Ft
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
2023 $5,126 $69,630 $5,220 $64,410
2022 $4,255 $63,770 $4,780 $58,990
2021 $4,068 $61,080 $4,580 $56,500
2020 $3,949 $58,510 $4,390 $54,120
2019 $3,914 $56,260 $4,220 $52,040
2018 $4,080 $56,260 $4,220 $52,040
2017 $3,965 $53,770 $4,030 $49,740
2016 $3,841 $49,640 $3,720 $45,920
2015 $3,726 $45,860 $3,440 $42,420
2014 $3,750 $45,860 $3,440 $42,420
2013 $3,679 $46,800 $3,510 $43,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11646493

Midwest Real Estate Data (MRED)

APN: 03-20-327-001