NOT LISTED FOR SALE

Estimated Value: $494,000 - $548,000

1 Bed
2 Baths
657 Sq Ft
$356/mo HOA Fee

Last Sold June 04, 2021

Last sale price $455,000 $693 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,605/month

33 Days on Market

Highlights

  • Intercom
  • French Doors
  • Forced Air Heating and Cooling System
  • Peirce Elementary School Rated A-
  • Tile Flooring

About This Home

As of June 2021

Your search is over! Spacious top floor one bedroom in the popular Watermill Place complex. Many updates inside and out! Your own covered parking space, extra storage and in unit laundry. New roof in 2015; heating/cooling in 2016; and brick re-pointing, new windows/doors and carpet in 2019 - which means no special assessment!! Convenient location in Arlington Heights - close to stores, restaurants and public transportation. The light filled living room overlooks the Minuteman Bike Path. Stainless steel appliances, new carpeting. Just unpack - you're home!!

Last Agent to Sell the Property

Nancy Fleming

Nancy Fleming Listed on: 03/25/2021

Last Buyer's Agent

Lynn O'Connell

Leading Edge Real Estate

Leading Edge Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,099

Year Built

  • Built in 1988

Lot Details

  • Year Round Access

HOA Fees

  • $356 per month

Interior Spaces

  • French Doors
  • Intercom

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Individual Controls for Heating
  • Natural Gas Water Heater
  • Cable TV Available

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,099

Year Built

Built in 1988

Lot Details

0

HOA Fees

$356 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 1.00
  • Handicap Access: Yes
  • Restrictions: Smoking - In Common Areas, Smoking - In Units
  • Year Built Description: Actual
  • List Price Per Sq Ft: 730.59
  • Comp Based On: Net Sale Price
  • Year Built: 1988
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 518
  • Unit Level: 5
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Laminate
  • Interior Amenities: Cable Available, Intercom, French Doors
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • No Bedrooms: 1
  • Master Bedroom: On Level: First Floor, Dimension: 12X16, Bathroom - Full, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Dimension: 6X5, Bathroom - Half
  • Bathroom 2: On Level: First Floor, Dimension: 8X5, Bathroom - Tiled With Shower Stall
  • No Rooms: 3
  • Dining Room: Open Floor Plan
  • Kitchen: On Level: First Floor, Dimension: 7X9, Flooring - Laminate, Breakfast Bar / Nook
  • Laundry Features: In Unit
  • Living Room: On Level: First Floor, Dimension: 14X15, Flooring - Wall to Wall Carpet, French Doors
  • No Living Levels: 1
  • Main Lo: AN0538
  • Main So: AN4643
  • Estimated Sq Ft: 657.00

Exterior Features

  • Construction: Brick
  • Roof Material: Rubber
  • Exterior: Brick, Stucco
  • Insulation Feature: Full
  • Exterior Unit Features: Professional Landscaping, Sprinkler System

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Parking Spaces: 1
  • Garage Parking: Under, Carport, Deeded

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air, Heat Pump
  • Cooling Zones: 1
  • Heating: Central Heat, Forced Air, Heat Pump, Electric, Unit Control
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, House of Worship, Public School
  • HOA Fees: 356.00
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Exercise Room, Extra Storage, Refuse Removal
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Watermill Place

Lot Info

  • Assessments: 359300.00
  • Page: 2
  • Zoning: Res

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 4075.00
  • Assessor Parcel Number: 323074
  • Tax Year: 2021

Multi Family

  • No Units: 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Jun 4, 2021
Sold by
Fleming Robert P and Massaro Mark
Bought by
Farhadi Somaiyeh
Seller's Agent
Nancy Fleming
Nancy Fleming
Buyer's Agent
Lynn O'Connell
Leading Edge Real Estate
List Price
$480,000
Sold Price
$455,000
Premium/Discount to List
-$25,000
-5.21%
Current Estimated Value
$518,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,437
Avg. Annual Appreciation
3.16%
Original Mortgage
$409,500
Outstanding Balance
$372,362
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$146,075

Purchase Details

Closed on
Aug 26, 2019
Sold by
Fleming Robert P
Bought by
Fleming Robert P and Massaro Mark

Purchase Details

Closed on
Jun 7, 2004
Sold by
Calabria Sarah M
Bought by
Fleming Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2000
Sold by
Deresky Lara A
Bought by
Calabria Sarah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,905
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 1998
Sold by
Craft Robert C
Bought by
Deresky Lara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,950
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 1997
Sold by
Bannon Lawrence W
Bought by
Craft Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,350
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Farhadi Somaiyeh $455,000 None Available
Fleming Robert P -- --
Fleming Robert P $245,000 --
Calabria Sarah M $179,900 --
Deresky Lara A $121,000 --
Craft Robert C $110,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farhadi Somaiyeh $409,500
Previous Owner Fleming Robert P $50,000
Previous Owner Fleming Robert P $165,000
Previous Owner Craft Robert C $25,000
Previous Owner Fleming Robert P $175,000
Previous Owner Fleming Robert P $232,750
Previous Owner Craft Robert C $170,905
Previous Owner Craft Robert C $114,950
Previous Owner Craft Robert C $77,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $455,000 -5.2% $693 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $480,000 -- $731 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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
2025 $5,099 $473,400 $0 $473,400
2024 $4,553 $429,900 $0 $429,900
2023 $4,588 $409,300 $0 $409,300
2022 $4,157 $364,000 $0 $364,000
2021 $4,074 $359,300 $0 $359,300
2020 $3,868 $349,700 $0 $349,700
2019 $3,694 $328,100 $0 $328,100
2018 $3,339 $275,300 $0 $275,300
2017 $3,322 $264,500 $0 $264,500
2016 $3,386 $264,500 $0 $264,500
2015 $3,274 $241,600 $0 $241,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72804321

MLS Property Information Network (MLS PIN)

APN: ARLI-000058C-000001-000518