NOT LISTED FOR SALE

721 Elmhurst Rd Unit E Des Plaines, IL 60016

Estimated Value: $157,000 - $200,000

2 Beds
1 Bath
750 Sq Ft
$275/mo HOA Fee

Last Sold July 19, 2013

Last sale price $39,000 $52 Per Sq Ft

Est. 346% increase in value since last sale

Current estimated payment $1,476/month

20 Days on Market

Highlights

  • Balcony
  • Elk Grove High School Rated A
  • Breakfast Bar

About This Home

As of July 2013

This is a great opportunity to own a condo in the City of Des Plaines. The condo is a 2 bedroom 1 bath that needs some repairs. The condo is sold as-is, HomePath Financing (see below),and buyer to verify room sq. ft. Please provide POF and pre-qual letters with financing.

Last Agent to Sell the Property

Stratos Rounis

SR Realty Group Inc. License #471001432 Listed on: 06/19/2013

Last Buyer's Agent

Faraz Mota

Prospect Equities-First Class License #475134815

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,723

Year Built

  • 1972

Lot Details

  • 2.06

HOA Fees

  • $275 per month

Parking

  • Parking Available

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Breakfast Bar
  • Dishwasher

Home Security

Outdoor Features

  • Balcony

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,723

Year Built

1972

Lot Details

0

HOA Fees

$275 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: 3
  • Year Built: 1972

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 22X12, On Level: 2nd Level, Flooring: Wood Laminate
  • Appliances: Dishwasher, Refrigerator
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 16X8, On Level: 2nd Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: 2nd Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 750

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Storms/Screens

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: None/NA
  • Number Parking Spaces: 1
  • Parking On Site: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 275
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Management Company: Kathleen Drive Condo Association

Schools

  • School District: 214
  • Elementary School: BRENTWOOD ELEMENTARY SCHOOL
  • Middle School: FRIENDSHIP JUNIOR HIGH SCHOOL
  • High School: ELK GROVE HIGH SCHOOL
  • Junior High Dist: 59

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds

Multi Family

  • Total Number Unitsin Building: 37
  • Number Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2013
Closed on
Jul 11, 2013
Sold by
Fannie Mae
Bought by
Mota Venture Group Llc
Seller's Agent
Stratos Rounis
SR Realty Group Inc.
Buyer's Agent
Faraz Mota
Prospect Equities-First Class
List Price
$42,900
Sold Price
$39,000
Premium/Discount to List
-$3,900
-9.09%
Total Days on Market
20
Current Estimated Value
$173,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,975
Avg. Annual Appreciation
13.24%

Purchase Details

Closed on
Sep 13, 2012
Sold by
Gomez Traci A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 6, 2006
Sold by
Shah Jayesh K and Shah Parul J
Bought by
Gomez Traci A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,250
Interest Rate
6.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 2, 1993
Sold by
Hoem Robert and Hoem Nancy
Bought by
Shah Jayesh K and Shah Parul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
7.28%
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 Buyer Sale Price Title Company
Mota Venture Group Llc $39,000 First American Title
Federal National Mortgage Association -- None Available
Gomez Traci A $127,000 Atgf Inc
Shah Jayesh K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Traci A $126,250
Previous Owner Grzelak Helena $10,000
Previous Owner Shah Jayesh K $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2013 07/19/13 Sold $39,000 0.0% $52 / Sq Ft
07/09/2013 07/09/13 Pending -- -- --
07/01/2013 07/01/13 Off Market $39,000 -- --
06/19/2013 06/19/13 For Sale $42,900 -- $57 / 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
2024 $2,723 $11,240 $2,211 $9,029
2023 $2,723 $11,240 $2,211 $9,029
2022 $2,723 $11,240 $2,211 $9,029
2021 $1,864 $6,708 $1,474 $5,234
2020 $1,823 $6,708 $1,474 $5,234
2019 $1,853 $7,495 $1,474 $6,021
2018 $1,694 $6,061 $1,228 $4,833
2017 $1,663 $6,061 $1,228 $4,833
2016 $1,564 $6,061 $1,228 $4,833
2015 $1,587 $5,760 $1,105 $4,655
2014 $1,569 $5,760 $1,105 $4,655
2013 $835 $5,760 $1,105 $4,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08373238

Midwest Real Estate Data (MRED)

APN: 08-13-307-037-1026