NOT LISTED FOR SALE

725 N 5th Ave Unit 102 Addison, IL 60101

Estimated Value: $273,000 - $332,000

2 Beds
2 Baths
1,380 Sq Ft
$298/mo HOA Fee

Last Sold March 18, 2022

Last sale price $235,000 $170 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,357/month

3 Days on Market

Highlights

  • Waterfront
  • Pond
  • Elevator
  • Open Floorplan
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of March 2022

Rarely available Avanti Place first floor condo with pond view!! Fantastic location with quick access to loads of shopping, entertainment, dining, and expressways. Single heated assigned garage space plus storage locker. Northeastern facing home with pond views from the ground level private patio. Plenty natural light throughout the generously sized rooms. Main bedroom with huge walk-in closet and large private bath. Super clean, and incredibly well cared for. Quick closing possible. Do not miss this opportunity.

Last Agent to Sell the Property

Joe Morrissey

Coldwell Banker Real Estate Group License #475123312 Listed on: 03/03/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Carmen Salerno

Compass License #475189808

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,683

Year Built

  • Built in 2003

Lot Details

  • 4.19

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,380 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Formal Dining Room
  • Storage
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Pond
  • Waterfront

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

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

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets up to 20 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,683

Year Built

Built in 2003

Lot Details

0

HOA Fees

$298 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: 2003
  • Age: 16-20 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: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Some Carpeting
  • LivingArea: 1380
  • Other Equipment: Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1380
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Sliding Glass Door(s)
  • Second Bedroom Flooring: Carpet
  • Second Bedroom Window Treatments: Blinds
  • Living Room Flooring: Wood Laminate
  • Living Room Window Treatments: Blinds
  • Primary Bedroom Bath: Full
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Window Treatments: Blinds
  • Kitchen Flooring: Wood Laminate
  • Kitchen Window Treatments: Bay Window(s),Plantation Shutters
  • Kitchen Type: Eating Area-Table Space,Pantry-Closet
  • Laundry Flooring: Vinyl
  • Dining Room Flooring: Wood Laminate

Exterior Features

  • List Price: 240000
  • Lot Features: Pond(s), Water View
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 298
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Dandre Management
  • Management Contact Name: Dandre Management
  • Management Phone: 630-351-5600
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 4

Lot Info

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

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 20

Tax Info

  • Tax Annual Amount: 2682.74
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 15, 2022
Sold by
Trust Number 1656
Bought by
Martinez Jorge
Seller's Agent
Joe Morrissey
Coldwell Banker Real Estate Group
Buyer's Agent
Carmen Salerno
Compass
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%
Total Days on Market
3
Current Estimated Value
$299,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,643
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Apr 30, 2012
Sold by
Hyba Charles F and Hyba Natalie A
Bought by
Oxford Bank & Trust and Trust #1656

Purchase Details

Closed on
Dec 8, 2011
Sold by
Oxford Bank & Trust
Bought by
Hyba Charles F and Hyba Natalie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,629
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2011
Sold by
Hyba Charles F and Hyba Natalie A
Bought by
Oxford Bank & Trust and Trust #1656

Purchase Details

Closed on
Apr 26, 2011
Sold by
Oxford Bank & Trust
Bought by
Hyba Charles F and Hyba Natalie A

Purchase Details

Closed on
Oct 12, 2010
Sold by
Hyba Charles F and Hyba Natalie A
Bought by
Oxford Bank & Trust and Trust #1656

Purchase Details

Closed on
Dec 13, 2005
Sold by
Oxford Bank & Trust
Bought by
Hyba Charles F and Hyba Natalie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,232
Interest Rate
7.25%
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 Buyer Sale Price Title Company
Martinez Jorge $235,000 First American Title
Oxford Bank & Trust -- None Available
Hyba Charles F -- Ctic
Oxford Bank & Trust -- None Available
Hyba Charles F -- None Available
Oxford Bank & Trust -- None Available
Hyba Charles F $243,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hyba Charles F $179,629
Previous Owner Hyba Charles F $194,480
Previous Owner Hyba Charles F $24,000
Previous Owner Hyba Charles F $216,232
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $235,000 -2.1% $170 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $240,000 -- $174 / 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 $4,522 $69,430 $5,020 $64,410
2022 $3,873 $63,590 $4,600 $58,990
2021 $2,635 $60,910 $4,410 $56,500
2020 $2,683 $58,340 $4,220 $54,120
2019 $3,512 $56,100 $4,060 $52,040
2018 $3,661 $56,100 $4,060 $52,040
2017 $2,961 $53,620 $3,880 $49,740
2016 $3,388 $49,500 $3,580 $45,920
2015 $3,247 $45,730 $3,310 $42,420
2014 $3,268 $45,730 $3,310 $42,420
2013 $3,217 $46,670 $3,380 $43,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11324575

Midwest Real Estate Data (MRED)

APN: 03-20-327-022