NOT LISTED FOR SALE

1418 W Orchard Place Unit 1418B Arlington Heights, IL 60005

Busse Woods Neighborhood

Estimated Value: $308,000 - $336,000

2 Beds
2 Baths
1,200 Sq Ft
$315/mo HOA Fee

Last Sold February 11, 2022

Last sale price $238,000 $198 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,592/month

37 Days on Market

Highlights

  • Penthouse
  • Living Room with Fireplace
  • Resident Manager or Management On Site
  • Westgate Elementary School Rated 10
  • Attached Garage
  • Senior Tax Exemptions

About This Home

As of February 2022

GREAT PENTHOUSE RANCH OVERLOOKING PARK AREA! BEAUTIFUL TREES BEHIND! 2 BEDROOMS - 2 FULL BATHS - KITCHEN OFFERS OAK CABINETRY WITH GRANITE COUNTERTOPS - EATING AREA - MASTER WITH WALK-IN CLOSET AND FULL BATH - GUEST BATH WITH NEW SHOWER DOOR - SIT AND RELAX ON YOUR BALCONY AND ENJOY THE OPENNESS BEHIND! 2 CAR GARAGE - ROOF UNDER 5YRS DRIVEWAY AND SIDING 2 YRS - SELLING AS-IS - ONLY NEEDS UPDATING - GREAT HOME! COME SEE IT TODAY!

Last Agent to Sell the Property

Mary Sagan

Century 21 New Heritage - Hampshire License #475123391 Listed on: 12/07/2021

Century 21 New Heritage - Hampshire

Last Buyer's Agent

Louie Ruffolo

Parkvue Realty Corporation License #475174962

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,803

Year Built

  • 1988

Lot Details

  • 7.3

HOA Fees

  • $315 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Penthouse

Interior Spaces

  • Living Room with Fireplace

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 4 Units
  • Bob Magaro Association, Phone Number (847) 259-1331
  • Property managed by McGill

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,803

Year Built

1988

Lot Details

0

HOA Fees

$315 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Penthouse
  • Property Sub Type: Penthouse
  • Age: 31-40 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: 2
  • Directions: New Wilke to Dwyer left to Orchard
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Subdivision Name: Saint James
  • Special Features: None
  • Year Built: 1988

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Fireplace Features: Gas Log, Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Walk-In Closet(s)
  • Dining Room Type: Eating Area, Den
  • Stories: 1

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Balcony
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Vinyl Siding,Brick
  • Lot Features: Park Adjacent
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: McGill
  • Management Contact Name: Bob Magaro
  • Management Phone: 847-259-1331
  • Association Fee: 315
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Junior High Dist: 214

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Multi Family

  • Units in Building: 4

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 1248.02
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2025
Sold by
Ferrazzuolo Maria Gesa
Bought by
Ferrazzuolo Antonio Loreto
Current Estimated Value
$322,447

Purchase Details

Listed on
Dec 7, 2021
Closed on
Feb 4, 2022
Sold by
Chicago Title Land Trust Co
Bought by
Ferrazzuolo Antonio Loreto and Ferrazzuolo Maria Gesa
Seller's Agent
Mary Sagan
Century 21 New Heritage - Hampshire
Buyer's Agent
Louie Ruffolo
Parkvue Realty Corporation
List Price
$255,500
Sold Price
$238,000
Premium/Discount to List
-$17,500
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$188,000
Interest Rate
4.25%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ferrazzuolo Antonio Loreto -- None Listed On Document
Ferrazzuolo Antonio Loreto $238,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrazzuolo Antonio Loreto $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $238,000 -6.8% $198 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
12/07/2021 12/07/21 For Sale $255,500 -- $213 / 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 $6,803 $24,851 $3,199 $21,652
2023 $4,929 $24,851 $3,199 $21,652
2022 $4,929 $24,851 $3,199 $21,652
2021 $1,375 $21,048 $499 $20,549
2020 $1,248 $21,048 $499 $20,549
2019 $1,235 $23,423 $499 $22,924
2018 $2,904 $16,823 $399 $16,424
2017 $1,335 $16,823 $399 $16,424
2016 $1,892 $16,823 $399 $16,424
2015 $2,182 $16,541 $1,899 $14,642
2014 $2,074 $16,541 $1,899 $14,642
2013 $2,070 $16,541 $1,899 $14,642
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11282891

Midwest Real Estate Data (MRED)

APN: 03-31-310-010-1061