NOT LISTED FOR SALE

1116 S New Wilke Rd Unit 2401 Arlington Heights, IL 60005

Busse Woods Neighborhood

Estimated Value: $202,000 - $227,000

2 Beds
2 Baths
-- Sq Ft
$376/mo HOA Fee

Last Sold October 28, 2020

Last sale price $140,000

Est. 56% increase in value since last sale

Current estimated payment $1,773/month

79 Days on Market

Highlights

  • Balcony
  • Rolling Meadows High School Rated A+
  • Baseboard Heating

About This Home

As of October 2020

Top floor end unit. Awesome looking all brick condo building with lots of amenities: pool, club house, pond, tennis courts, playground, walking paths, exercise room, its like resort living plus 2 parking spaces. Water and gas included in association. Updated kitchen with cherry shaker 42" cabinets, loads of counter space, SS appliances, ceramic kitchen & dining room floors. Big living room with canned lighting and crown molding. Large balcony off dining room. Large master bedroom with 2 closets and master bath. Home shows awesome, come see.

Last Agent to Sell the Property

Timothy Winfrey

RE/MAX Suburban License #471005190 Listed on: 06/29/2020

RE/MAX Suburban

Last Buyer's Agent

Adriana Ostrowska

HomeSmart Connect LLC License #475164650

HomeSmart Connect LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,939

Year Built

  • 1971

Lot Details

  • 28.27

HOA Fees

  • $376 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Balcony

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,939

Year Built

1971

Lot Details

0

HOA Fees

$376 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 4
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1971
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1971

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X16, On Level: 4th Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 9X8, On Level: 4th Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Dimensions: 9X8, On Level: 4th Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X11, On Level: 4th Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 13X12, On Level: 4th Level, Flooring: Carpet, Windows: Blinds
  • Dining Room Type: L-shaped

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Unassigned
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Baseboard

Condo/Co-op/Association

  • Max Pet Weight: 10
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Exercise Room, Park/Playground, Party Room, Pool-Outdoors, Tennis Court/s
  • Assessment Includes: Heat, Water, Gas, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 376
  • Management Contact Name: customer service
  • Management Phone: 847-372-2814

Fee Information

  • Management Company: Mallard Cove

Schools

  • School District: 214
  • Elementary School: Willow Bend Elementary School
  • Middle School: Carl Sandburg Junior High School
  • High School: Rolling Meadows High School
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 08082010121276

Multi Family

  • Total Number Unitsin Building: 39
  • Number Stories: 4

Tax Info

  • Taxes: 1228.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Oct 23, 2020
Sold by
Ciaccio Neil
Bought by
Kimak Marcin and Kimak Bogdan
Seller's Agent
Timothy Winfrey
RE/MAX Suburban
Buyer's Agent
Adriana Ostrowska
HomeSmart Connect LLC
List Price
$164,900
Sold Price
$140,000
Premium/Discount to List
-$24,900
-15.1%
Current Estimated Value
$218,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,035
Avg. Annual Appreciation
9.30%
Original Mortgage
$133,000
Outstanding Balance
$119,034
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$99,001

Purchase Details

Closed on
Aug 30, 2002
Sold by
Taormina Larry R and Taormina Michelle G
Bought by
Ciaccio Neil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.41%
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
Kimak Marcin $140,000 Chicago Title
Ciaccio Neil $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimak Marcin $133,000
Previous Owner Ciaccio Neil $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2020 10/28/20 Sold $140,000 -3.4% --
09/16/2020 09/16/20 Pending -- -- --
09/05/2020 09/05/20 Price Changed $144,900 -3.3% --
08/24/2020 08/24/20 Price Changed $149,900 -3.2% --
08/12/2020 08/12/20 Price Changed $154,900 -3.1% --
07/27/2020 07/27/20 Price Changed $159,900 -3.0% --
07/01/2020 07/01/20 For Sale $164,900 +17.8% --
06/30/2020 06/30/20 Off Market $140,000 -- --
06/29/2020 06/29/20 For Sale $164,900 -- --
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 $2,939 $13,709 $2,095 $11,614
2023 $3,715 $13,709 $2,095 $11,614
2022 $3,715 $13,709 $2,095 $11,614
2021 $3,321 $10,748 $1,374 $9,374
2020 $2,303 $10,748 $1,374 $9,374
2019 $2,328 $12,048 $1,374 $10,674
2018 $1,229 $7,557 $1,178 $6,379
2017 $1,225 $7,557 $1,178 $6,379
2016 $1,382 $7,557 $1,178 $6,379
2015 $1,381 $7,271 $1,047 $6,224
2014 $1,913 $9,107 $1,047 $8,060
2013 $1,847 $9,107 $1,047 $8,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10765282

Midwest Real Estate Data (MRED)

APN: 08-08-201-012-1276