NOT LISTED FOR SALE

1501 Arbor Ln Unit 1501 Elgin, IL 60123

Estimated Value: $303,164 - $315,000

2 Beds
2 Baths
1,725 Sq Ft
$179/Sq Ft Est. Value

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Skylights
  • South Elgin High School Rated A-
  • Loft
  • Attached Garage

About This Home

As of July 2016

YOUR SEARCH ENDS HERE!! TWO BEDROOM, TWO BATH, TWO CAR GARAGE TOWN HOME WITH A LOFT AND FINISHED BASEMENT. THIS END UNIT OFFERS NEWER APPLIANCES AND BRAND NEW WASHER AND DRYER. THE SPLIT BEDROOM FLOOR PLAN,VAULTED CEILINGS AND CORNER FIREPLACE CREATE THE PERFECT SET UP. OWNER WILL CONSIDER APPLICANTS WITH 650 OR BETTER CREDIT SCORE. SMALL PET WILL BE CONSIDERED WITH NON-REFUNDABLE DEPOSIT. APPLICATION, CREDIT & BACKGROUND CHECK, AND PROOF OF INCOME REQUIRED. NON-SMOKING UNIT.

Last Agent to Rent the Property

Joanne Cecchini

Berkshire Hathaway HomeServices Starck Real Estate License #475120551 Listed on: 06/01/2016

Berkshire Hathaway HomeServices Starck Real Estate

Last Renter's Agent

Joanne Cecchini

Berkshire Hathaway HomeServices Starck Real Estate License #475120551 Listed on: 06/01/2016

Berkshire Hathaway HomeServices Starck Real Estate

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,033

Year Built

  • 1990

Lot Details

  • Landscaped Professionally

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Loft

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$5,033

Year Built

1990

Lot Details

0

Parking

2

Rental Info

  • Available: 07/01/2016
  • Lease Terms: 1 Year Lease
  • Monthly Lot Rental Included: Parking, Scavenger, Exterior Maintenance, Lawn Care, Snow Removal
  • Security Deposit: 1550

Listing Details

  • Property Type: Residential Rental
  • General Information: School Bus Service, Commuter Train, Interstate Access, Non-Smoking Unit
  • Type Attached: Townhouse-2 Story
  • Unit Floor Level: 1
  • Age: 26-30 Years
  • Special Features: None
  • Stories: 2
  • Year Built: 1990

Interior Features

  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplaces: 1
  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s)
  • Number Of Rooms: 7
  • Equipment: CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 18X12
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Lower
  • Second Bedroom Size: 12X10
  • Bathroom Amenities: Separate Shower, Double Sink
  • Living Room Level: Main Level
  • Living Room Size: 16X15
  • Dining Room Level: Main Level
  • Dining Room Size: 10X10
  • Family Room Level: Lower
  • Family Room Size: 19X14
  • Kitchen Level: Main Level
  • Kitchen Size: 10X10
  • Laundry Level: Lower
  • Laundry Size: 6X8
  • Additional Rooms: Loft, Foyer
  • Additional Room 1 Name: Loft
  • Additional Room 1 Level: 2nd Level
  • Additional Room 1 Size: 7X15
  • Additional Room 2 Name: Foyer
  • Additional Room 2 Level: Main Level
  • Additional Room 2 Size: 6X14

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes

Utilities

  • Cooling: Central Air
  • Electricity: 100 Amp Service
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Pet Information: Cats OK, Deposit Required, Dogs OK, Pet Weight Limitation

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Landscaped Professionally

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2025
Sold by
Esquivel Wendy
Bought by
Mederico Hugo Rafael Tizam and Romero Vanessa J
Current Estimated Value
$309,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Outstanding Balance
$303,604
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$5,687

Purchase Details

Closed on
Sep 26, 2023
Sold by
Willis Sophia Lopez and Willis Jason Martin
Bought by
Esquivel Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2019
Sold by
Zenkner Mark J and Zenkner Dawn M
Bought by
Willis Sophia Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,127
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2004
Sold by
Jerstad Kenneth P
Bought by
Zenkner Mark J and Zenkner Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2002
Sold by
Stob Joseph
Bought by
Jerstad Kenneth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,280
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 1997
Sold by
Sipple Lee and Sipple Krista J
Bought by
Stob Joseph
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mederico Hugo Rafael Tizam $310,000 None Listed On Document
Esquivel Wendy $220,000 None Listed On Document
Willis Sophia Lopez $175,500 Greater Illinois Title Co
Zenkner Mark J $192,000 Chicago Title Insurance Comp
Jerstad Kenneth P $160,000 Chicago Title Insurance Co
Stob Joseph $85,000 Attorneys National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mederico Hugo Rafael Tizam $304,385
Previous Owner Esquivel Wendy $209,000
Previous Owner Willis Sophia Lopez $166,127
Previous Owner Zenkner Mark J $153,600
Previous Owner Jerstad Kenneth P $154,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Rented $1,550 0.0% --
06/03/2016 06/03/16 Off Market $1,550 -- --
06/01/2016 06/01/16 For Rent $1,550 -- --
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 $5,033 $70,892 $9,232 $61,660
2023 $4,778 $64,045 $8,340 $55,705
2022 $4,544 $58,398 $7,605 $50,793
2021 $4,336 $54,598 $7,110 $47,488
2020 $4,207 $52,123 $6,788 $45,335
2019 $4,637 $49,650 $6,466 $43,184
2018 $5,292 $53,525 $6,091 $47,434
2017 $5,204 $50,600 $5,758 $44,842
2016 $5,007 $46,943 $5,342 $41,601
2015 -- $43,027 $4,896 $38,131
2014 -- $37,140 $4,836 $32,304
2013 -- $38,120 $4,964 $33,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09242813

Midwest Real Estate Data (MRED)

APN: 06-27-176-099