NOT LISTED FOR SALE

1504 Arbor Ln Unit 1504 Elgin, IL 60123

Estimated Value: $291,304 - $317,000

2 Beds
2 Baths
1,449 Sq Ft
$209/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $265,000 $183 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,287/month

4 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • South Elgin High School Rated A-
  • Wood Flooring
  • Loft

About This Home

As of March 2024

** MULTIPLE OFFERS RECEIVED ** Highest and Best offers Due Monday Feb 26 by 3pm ** Welcome Home to this beautiful and spacious 2BD townhouse in Pine Meadows! On the main level, you will find the large living room with gas log fireplace, kitchen with ample cabinet /countertop space, breakfast bar, pantry, and table space. The 2nd level features the master bedroom with walk-in closet, full bathroom with jetted tub, separate shower, double sink, and lots of light shining in. Just outside the master is the loft, great for a desk or lounge. The finished English basement offers a 2nd bedroom with wood-laminate floors, 2nd full bathroom, and spacious family room. Additional features include a deck, crawl-space storage, and a 2-car attached garage. Updates include: Closet shelving in the basement and basement bedroom updates (2024); Painted living room/loft/kitchen/foyer/basement (2020); Updated downstairs bathroom (2019); Dishwasher and refrigerator (2023). Amazing location! Can't be missed!

Last Agent to Sell the Property

Sabrina Conti Erangey

Baird & Warner License #475163152 Listed on: 02/22/2024

Baird & Warner

Last Buyer's Agent

Betty Prejzner

USA Realty Group Inc License #475138214

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,818

Year Built

  • Built in 1991

Lot Details

  • 0.35

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,449 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Loft
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

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

Home Security

Schools

  • Otter Creek Elementary School
  • Abbott Middle School
  • South Elgin High School

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 27x57

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Kelly Association, Phone Number (847) 309-3562
  • Pine Meadows Subdivision
  • Property managed by Prominent Real Estate & Management Services

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,818

Year Built

Built in 1991

Lot Details

0

HOA Fees

$233 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Pine Meadows
  • Year Built: 1991
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1449
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Deck, Loft, Foyer
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 239900
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • 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, Dogs OK, Number Limit
  • Association Fee: 233
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Prominent Real Estate & Management Services
  • Management Contact Name: Kelly
  • Management Phone: 847-309-3562
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Otter Creek Elementary School
  • High School: South Elgin High School
  • Middle/Junior School: Abbott Middle School
  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 27X57
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4818.12
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 27, 2024
Sold by
Abbott Mallory D and Mccune Mallory D
Bought by
Harrah Alyssa F
Seller's Agent
Sabrina Conti Erangey
Baird & Warner
Buyer's Agent
Betty Prejzner
USA Realty Group Inc
List Price
$239,900
Sold Price
$265,000
Premium/Discount to List
$25,100
10.46%
Views
149
Current Estimated Value
$302,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,326
Avg. Annual Appreciation
8.99%
Original Mortgage
$212,000
Outstanding Balance
$209,187
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$93,139

Purchase Details

Listed on
Jun 22, 2016
Closed on
Sep 23, 2016
Sold by
Toynton Eric and Kelly Mckenzie
Bought by
Mccune Mallory D
Seller's Agent
Gustin Harshbarger
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Susan Camiliere
RE/MAX All Pro
List Price
$165,000
Sold Price
$155,500
Premium/Discount to List
-$9,500
-5.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$145,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2012
Sold by
Kim Margaret and Kim Jeffrey
Bought by
Toynton Eric and Kelly Mckenzie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,645
Interest Rate
3.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 2008
Sold by
Us Bank National Association
Bought by
Kim Margaret

Purchase Details

Closed on
Feb 29, 2008
Sold by
Padigos Alvin
Bought by
U S Bank Na

Purchase Details

Closed on
Oct 8, 2003
Sold by
Kaspar Alan and Kaspar David A
Bought by
Padigos Alvin and Padigos Mariza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2000
Sold by
Endrud Terry A and Ylvisaker Terry A
Bought by
Kaspar David A and Kaspar Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
8.37%
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
Harrah Alyssa F $265,000 None Listed On Document
Mccune Mallory D $155,500 Fidelity National Title
Toynton Eric $130,000 Chicago Title Insurance Comp
Kim Margaret $130,000 First American Title
U S Bank Na -- None Available
Padigos Alvin $184,000 Chicago Title Insurance Comp
Kaspar David A $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrah Alyssa F $212,000
Previous Owner Mccune Mallory D $145,500
Previous Owner Toynton Eric $127,645
Previous Owner Padigos Alvin $147,200
Previous Owner Kaspar David A $127,200
Closed Padigos Alvin $36,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2024 03/29/24 Sold $265,000 +10.5% $183 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $239,900 +54.3% $166 / Sq Ft
09/23/2016 09/23/16 Sold $155,500 +0.3% $107 / Sq Ft View Prior Sale
08/08/2016 08/08/16 Pending -- -- --
08/02/2016 08/02/16 Price Changed $155,000 -3.1% $107 / Sq Ft
07/20/2016 07/20/16 Price Changed $160,000 -3.0% $110 / Sq Ft
06/22/2016 06/22/16 For Sale $165,000 -- $114 / 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 $5,341 $74,737 $13,077 $61,660
2023 $5,074 $67,519 $11,814 $55,705
2022 $4,818 $61,565 $10,772 $50,793
2021 $4,600 $57,559 $10,071 $47,488
2020 $4,464 $54,949 $9,614 $45,335
2019 $4,328 $52,342 $9,158 $43,184
2018 $4,949 $56,061 $8,627 $47,434
2017 $4,834 $52,998 $8,156 $44,842
2016 $4,604 $49,168 $7,567 $41,601
2015 -- $45,067 $6,936 $38,131
2014 -- $39,154 $6,850 $32,304
2013 -- $40,187 $7,031 $33,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11984593

Midwest Real Estate Data (MRED)

APN: 06-27-176-096