NOT LISTED FOR SALE

Estimated Value: $317,000 - $353,000

1 Bed
1 Bath
1,000 Sq Ft
$410/mo HOA Fee

Last Sold June 06, 2022

Last sale price $305,900 $306 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,741/month

6 Days on Market

Highlights

  • Fitness Center
  • 2-minute walk to Arlington Heights Station
  • Lock-and-Leave Community
  • Westgate Elementary School Rated 10
  • Open Floorplan
  • 2-minute walk to Harmony Park

About This Home

As of June 2022

Don't miss this amazing loft with exposed high ceiling in the middle of downtown Arlington Heights !!! Beautiful one bedroom condominium with a den or 2 bedroom. Walk to train, grocery store, tons of restaurants and shops. Urban living at its best !! This AMAZING open concept white kitchen is equipped with top of the line appliances including Sub-Zero refrigerator with 2 freezer drawers, Bosche dishwasher. European style bathroom with brand new oversized shower. Hardwood floors thru out the entire unit, all of that and laundry in the unit. Private balcony that you can see all the way to downtown. Building has a gym, and large sun deck on the same floor as the unit. Wonderful condo in a great location. Parking garage is an additional $40/month per parking spot. If you are into sports, particularly football, the new Chicago Bears stadium will be right down the street! Rentals allowed !!!!! The best of the best

Last Agent to Sell the Property

Sheryl Marsella

RE/MAX Suburban License #471000147 Listed on: 04/04/2022

RE/MAX Suburban

Last Buyer's Agent

Caroline Starr

@properties Christie's International Real Estate License #475123478

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,920

Year Built

  • Built in 2007 | Remodeled in 2022

Lot Details

  • 0.43

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • Open Floorplan
  • Ceiling height of 10 feet or more
  • Ceiling Fan
  • Blinds
  • Living Room
  • Den
  • Storage
  • Wood Flooring
  • Intercom
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Accessible Home Design

  • Halls are 36 inches wide or more
  • Accessibility Features

Schools

  • Westgate Elementary School
  • Rolling Meadows High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exercise facilities, exterior maintenance, scavenger, snow removal
  • 55 Units
  • Lori Association, Phone Number (773) 334-7005
  • Property managed by Briarwood Management
  • Lock-and-Leave Community
  • 6-Story Property

Amenities

  • Sundeck
  • Laundry Facilities
  • Elevator
  • Service Elevator
  • Lobby
  • Package Room

Recreation

Pet Policy

  • Limit on the number of pets

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,920

Year Built

Built in 2007 | Remodeled in 2022

Lot Details

0

HOA Fees

$410 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
  • Year Built: 2007
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 5
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Renovated: 2022

Interior Features

  • Basement: None
  • Accessibility Features: Hall Width 36 Inches or More
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Ceiling - 10 Foot, Open Floorplan, Some Window Treatmnt, Drapes/Blinds, Granite Counters, Lobby
  • LivingArea: 1000
  • Other Equipment: TV-Cable, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: Den
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 309990
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Number Limit
  • Association Fee: 410
  • Association Amenities: Elevator(s), Exercise Room, Storage, Sundeck, Receiving Room, Security Door Lock(s), Service Elevator(s), Ceiling Fan, Laundry, Elevator(s), Intercom, Private Laundry Hkup
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Briarwood Management
  • Management Contact Name: Lori
  • Management Phone: 773-334-7005
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Elementary School: Westgate Elementary School
  • High School: Rolling Meadows High School
  • Middle/Junior School District: 25

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 5919.51
  • Tax Year: 2020

Multi Family

  • Units in Building: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
May 27, 2022
Sold by
Marsella Sheryl
Bought by
Arguelles Alejandro and Arguelles Nicole Marie
Seller's Agent
Sheryl Marsella
RE/MAX Suburban
Buyer's Agent
Caroline Starr
@properties Christie's International Real Estate
List Price
$309,990
Sold Price
$305,900
Premium/Discount to List
-$4,090
-1.32%
Current Estimated Value
$327,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,489
Avg. Annual Appreciation
1.82%
Original Mortgage
$244,720
Outstanding Balance
$234,889
Interest Rate
5.5%
Mortgage Type
Balloon
Estimated Equity
$89,613

Purchase Details

Listed on
Sep 16, 2016
Closed on
Sep 29, 2016
Sold by
Stelmach Lauren J and Karahalios Lauren J
Bought by
Marsella Sheryl
Seller's Agent
Sheryl Marsella
RE/MAX Suburban
Buyer's Agent
Sheryl Marsella
RE/MAX Suburban
Sold Price
$1,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%

Purchase Details

Closed on
Feb 22, 2007
Sold by
Banbury Metrolofts Llc
Bought by
Stelmach Lauren J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,900
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2004
Sold by
Svoboda Joseph J and Svoboda James M
Bought by
Banbury Metrolofts Llc
Source: Public Records

Range of Values:

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Average Value
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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
Arguelles Alejandro $306,000 None Listed On Document
Marsella Sheryl $175,000 Attorney
Stelmach Lauren J $310,000 Cti
Banbury Metrolofts Llc $840,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arguelles Alejandro $244,720
Previous Owner Stelmach Lauren J $256,900
Previous Owner Stelmach Lauren J $278,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $305,900 -1.3% $306 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $309,990 0.0% $310 / Sq Ft
10/16/2016 10/16/16 Rented $1,959 0.0% --
09/29/2016 09/29/16 Sold $175,000 0.0% $175 / Sq Ft
09/16/2016 09/16/16 For Rent $1,950 0.0% --
06/04/2016 06/04/16 Pending -- -- --
06/04/2016 06/04/16 Price Changed $199,000 -5.2% $199 / Sq Ft
05/17/2016 05/17/16 Price Changed $209,900 -4.5% $210 / Sq Ft
04/28/2016 04/28/16 Price Changed $219,900 -8.3% $220 / Sq Ft
04/09/2016 04/09/16 Price Changed $239,900 -4.0% $240 / Sq Ft
03/09/2016 03/09/16 For Sale $249,900 -- $250 / 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 $7,035 $25,701 $372 $25,329
2023 $6,776 $25,701 $372 $25,329
2022 $6,776 $25,701 $372 $25,329
2021 $6,077 $20,187 $224 $19,963
2020 $5,920 $20,187 $224 $19,963
2019 $5,879 $22,391 $224 $22,167
2018 $5,318 $18,224 $193 $18,031
2017 $5,256 $18,224 $193 $18,031
2016 $4,230 $18,224 $193 $18,031
2015 $4,833 $18,991 $170 $18,821
2014 $4,707 $18,991 $170 $18,821
2013 $4,572 $18,991 $170 $18,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11365386

Midwest Real Estate Data (MRED)

APN: 03-29-347-034-1041