$379,000
SOLD JUN 4, 2021

1040 Arbor Ln Unit 1040 Northfield, IL 60093

2 Beds
2.5 Baths
2,000 Sq Ft
$747/mo HOA Fee

Recently Sold

$190 Per Sq Ft

22 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Vaulted Ceiling
  • Marie Murphy School Rated A
  • Pond
  • 5-minute walk to Happ Road Park

About This Home

As of June 2023

This spacious townhome offers sought after pond views from living room, dining room, kitchen and master bedroom.Easy and convenient front and back entrances with an open floor plan that creates a most desirable home that is part of an association that offers carefree living with a clubhouse, pool,spa,exercise room and outdoor patio overlooking pond. The two parking spaces are right next to private back entrance from heated garage. Such an advantage to be living in a town home that is part of a well respected and maintained condo development. So much storage and space in the three levels. The basement has a laundry room and space for an office or extra bedroom. Sought after patio overlooking pond provides serene moments. Separate dining room has 2 story ceiling & is next to the eat in kitchen. Newer furnace and A/C, stove, refrigerator.Brand new dryer,washing machine,dishwasher and double oven. Owner has maintained unit very well. Enjoy whirlpool, indoor pool, exercise rm & club house. Close to shops, schools, restaurants & transportation. Gorgeous landscaping. 2 car heated spaces just outside private entrance to unit are numbers 1019 and 1020. No dogs allowed per HOA.

Last Agent to Sell the Property

Beverly Smith

@properties Christie's International Real Estate License #471006660 Listed on: 03/08/2021

@properties Christie's International Real Estate

Last Buyer's Agent

mary anne perrine

Baird & Warner License #475103721

Baird & Warner

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,897

Year Built

  • Built in 1994

Lot Details

  • Waterfront

HOA Fees

  • $747 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Water Views
  • Finished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Patio

Schools

  • Avoca West Elementary School
  • Marie Murphy Middle School
  • New Trier Twp High School Northfield/Wi

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 175 Units
  • Josie Jones Association, Phone Number (847) 359-8980
  • Meadowlake Subdivision
  • Property managed by Seymour

Amenities

  • Party Room
  • Elevator

Recreation

  • Fitness Center
  • Community Indoor Pool

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,897

Year Built

Built in 1994

Lot Details

0

HOA Fees

$747 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,T3-Townhouse 3+ Stories
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,T3-Townhouse 3+ Stories
  • Subdivision Name: Meadowlake
  • Year Built: 1994
  • Age: 26-30 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
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • LivingArea: 2000
  • Room Type: Den, Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 379000
  • Lot Features: Pond(s), Water View
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt,Brick
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 747
  • Association Amenities: Elevator(s), Exercise Room, Party Room, Indoor Pool
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Seymour
  • Management Contact Name: Josie Jones
  • Management Phone: 847-359-8980

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Avoca West Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: Marie Murphy School
  • Middle/Junior School District: 37

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9897.03
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2023
Closed on
May 23, 2023
Sold by
Hermansen Barbara E
Bought by
Rosset Bradford
Seller's Agent
Paige Dooley
Compass
Buyer's Agent
Natalie Moore
Redfin Corporation
List Price
$469,000
Sold Price
$453,250
Premium/Discount to List
-$15,750
-3.36%
Views
47
Current Estimated Value
$564,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,023
Avg. Annual Appreciation
6.45%

Purchase Details

Listed on
Mar 8, 2021
Closed on
May 24, 2021
Sold by
Kawashima Yuko and The Yuko Kawashima Revocable T
Bought by
Kawashima Yuko and The Yuko Kawashima Revocable T
Seller's Agent
Beverly Smith
@properties Christie's International Real Estate
Buyer's Agent
mary anne perrine
Baird & Warner
List Price
$379,000
Sold Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%

Purchase Details

Closed on
Dec 18, 2008
Sold by
Schmit John R and Schmit Dorothy B
Bought by
Schmit John R and Schmit Dorothy B

Purchase Details

Closed on
Jun 18, 2004
Sold by
Schwind Michael C and Schwind Colleen A
Bought by
Schmit Joh R and Schmit Dorothy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 8, 2001
Sold by
Brodin Gisela M
Bought by
Schwind Michael C and Schwind Colleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$927,499
Interest Rate
6%

Purchase Details

Closed on
Apr 1, 1998
Sold by
Dunn Joan M
Bought by
Brodin Gisela M

Purchase Details

Closed on
Sep 17, 1993
Sold by
Colonial Bank
Bought by
Dunn Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.75%
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 Type Sale Price Title Company
Warranty Deed $453,500 Stewart Title
Deed $379,000 Chicago Title
Interfamily Deed Transfer -- None Available
Warranty Deed $405,000 Multiple
Warranty Deed $343,000 First American Title
Warranty Deed $323,500 --
Trustee Deed $187,333 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Unknown
Previous Owner $250,000 Unknown
Previous Owner $927,499 No Value Available
Previous Owner $75,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $453,250 -3.4% $227 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
04/16/2023 04/16/23 For Sale $469,000 +23.7% $235 / Sq Ft
06/04/2021 06/04/21 Sold $379,000 0.0% $190 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $379,000 -- $190 / 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 $10,953 $46,679 $6,992 $39,687
2023 $10,378 $48,807 $6,992 $41,815
2022 $10,378 $48,807 $6,992 $41,815
2021 $9,673 $45,148 $5,025 $40,123
2020 $10,106 $45,148 $5,025 $40,123
2019 $9,897 $49,720 $5,025 $44,695
2018 $8,360 $40,762 $4,151 $36,611
2017 $8,122 $40,762 $4,151 $36,611
2016 $7,805 $40,762 $4,151 $36,611
2015 $7,628 $36,494 $3,386 $33,108
2014 $7,467 $36,494 $3,386 $33,108
2013 $7,111 $36,494 $3,386 $33,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10933394

Midwest Real Estate Data (MRED)

APN: 05-30-100-045-1053