NOT LISTED FOR SALE

Estimated Value: $289,000 - $322,000

1 Bed
1 Bath
836 Sq Ft
$357/mo HOA Fee

Last Sold July 21, 2021

Last sale price $271,000 $324 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,270/month

22 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 July 2021

FIVE STARS!! ***** Welcome to This Exceptional Loft! STYLE, QUALITY, VALUE! Premium Living in one of Downtown Arlington Heights TRENDIEST BUILDINGS!! This west-facing loft is encompassed by walls of large windows, and impressive 10ft ceilings, that flood the space with NATURAL LIGHT. The INDUSTRIAL AESTHETIC & Expansive OPEN LAYOUT further enlarges the space. Kitchen offers TIMELESS elegance. HIGH-END stainless-steel appliances, extensive work space along its countertops, and an abundance of cabinet space, for all of your culinary adventures! A king-sized bedroom with WALK-IN CLOSET branches off the living room. WASHER & DRYER in the unit. GYM on the 5th Floor as is the ROOF TOP DECK! Active Management Company keeps building and common areas in IMMACULATE CONDITION! EXCELLENT LOCATION - Enjoy rich selection of Trendy Restaurants and Shops. 2-minute walk to METRA Station. Assessment covers almost everything: Heat, Cooking gas, Water, Gym, Common Insurance, Exterior Maintenance, Scavenger, Snow Removal

Last Agent to Sell the Property

Jarek Jastrzebski

eXp Realty License #475137757 Listed on: 05/13/2021

eXp Realty

Last Buyer's Agent

Sang Lee

Coldwell Banker Realty License #475183524

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,947

Year Built

  • Built in 2005

Lot Details

  • End Unit

HOA Fees

  • $357 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Leased Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 836 Sq Ft Home
  • Open Floorplan
  • Ceiling height of 10 feet or more
  • Entrance Foyer
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Schools

  • Westgate Elementary School
  • South Middle School
  • Rolling Meadows High School

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exercise facilities, exterior maintenance, scavenger, snow removal
  • 55 Units
  • Any Association, Phone Number (773) 367-2380
  • Metro Lofts Subdivision
  • Property managed by Briarwood Management
  • Lock-and-Leave Community
  • 7-Story Property

Amenities

  • Party Room
  • Service Elevator
  • Lobby
  • Elevator

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,947

Year Built

Built in 2005

Lot Details

0

HOA Fees

$357 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Metro Lofts
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), 10' Ceiling, Open Floorplan, Granite Counters, Lobby
  • LivingArea: 836
  • Other Equipment: Fire Sprinklers
  • Room Type: Walk In Closet, Foyer
  • Stories Total: 7
  • Estimated Total Finished Sq Ft: 836
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate,Combined w/ LivRm,Kitchen/Dining Combo
  • Total Sq Ft: 836
  • Total Sq Ft: 836
  • Main Level Sq Ft: 836

Exterior Features

  • DirectionFaces: West
  • ExteriorFeatures: Storms/Screens, End Unit
  • List Price: 264900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Detached
  • Parking: Garage
  • Lowest Parking Fee: $45

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 357
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Park, Party Room, Security Door Lock(s), Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Briarwood Management
  • Management Contact Name: any
  • Management Phone: 773-367-2380

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: South Middle School
  • Middle/Junior School District: 25

Lot Info

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

Rental Info

  • Lease Amount: 45
  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4946.53
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jul 12, 2021
Sold by
Sarmiento Jonathan and Wu Bingging
Bought by
Lee Sang
Seller's Agent
Jarek Jastrzebski
eXp Realty
Buyer's Agent
Sang Lee
Coldwell Banker Realty
List Price
$269,900
Sold Price
$271,000
Premium/Discount to List
$1,100
0.41%
Current Estimated Value
$302,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,350
Avg. Annual Appreciation
2.81%
Original Mortgage
$271,000
Outstanding Balance
$247,145
Interest Rate
2.5%
Mortgage Type
VA
Estimated Equity
$56,892

Purchase Details

Closed on
Jun 30, 2020
Sold by
Sarmiento Jonathan
Bought by
Sarmiento Jonathan and Wu Bingqing

Purchase Details

Listed on
Feb 12, 2018
Closed on
May 18, 2018
Sold by
Burda Erin M and Langer Erin M
Bought by
Sarmiento Jonathan
Seller's Agent
Sandra Bobus
Coldwell Banker Realty
Buyer's Agent
Jarek Jastrzebski
eXp Realty
List Price
$245,000
Sold Price
$223,000
Premium/Discount to List
-$22,000
-8.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$178,400
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2007
Sold by
Banbury Metrolofts Llc
Bought by
Burda Erin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,300
Interest Rate
6.69%
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
Lee Sang $271,000 First American Title
Sarmiento Jonathan -- Attorney
Sarmiento Jonathan $223,000 Attorney S Title Guaranty Fu
Burda Erin M $284,500 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Sang $271,000
Previous Owner Sarmiento Jonathan $180,500
Previous Owner Sarmiento Jonathan $178,400
Previous Owner Langer Erin M $204,550
Previous Owner Burda Erin M $226,529
Previous Owner Burda Erin M $227,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2021 07/21/21 Sold $271,000 +0.4% $324 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $269,900 +21.0% $323 / Sq Ft
05/01/2018 05/01/18 Sold $223,000 -6.7% $267 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
03/02/2018 03/02/18 Price Changed $239,000 -2.4% $286 / Sq Ft
02/12/2018 02/12/18 For Sale $245,000 0.0% $293 / Sq Ft
04/16/2016 04/16/16 Rented $1,850 0.0% --
04/02/2016 04/02/16 Under Contract -- -- --
03/14/2016 03/14/16 For Rent $1,850 -- --
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 -- $21,626 $313 $21,313
2023 -- $21,626 $313 $21,313
2022 $0 $21,626 $313 $21,313
2021 $1,984 $16,986 $188 $16,798
2020 $4,981 $16,986 $188 $16,798
2019 $4,947 $18,840 $188 $18,652
2018 $4,475 $15,335 $162 $15,173
2017 $4,422 $15,335 $162 $15,173
2016 $4,125 $15,335 $162 $15,173
2015 $4,718 $15,980 $143 $15,837
2014 $4,581 $15,980 $143 $15,837
2013 $4,465 $15,980 $143 $15,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11086849

Midwest Real Estate Data (MRED)

APN: 03-29-347-034-1045