NOT LISTED FOR SALE

1505 Arbor Ln Elgin, IL 60123

Estimated Value: $290,000 - $315,000

2 Beds
2 Baths
1,725 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $215,000 $125 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,250/month

3 Days on Market

Highlights

  • Family Room with Fireplace
  • Whirlpool Bathtub
  • Resident Manager or Management On Site
  • South Elgin High School Rated A-
  • Attached Garage
  • Combination Kitchen and Dining Room

About This Home

As of May 2021

Foyer is large and inviting. The living room features vaulted ceiling with skylights and fireplace and opens onto the beautiful kitchen with Stainless Steel appliances, granite counters, breakfast bar and casual dining room. A loft overlooks the space and is perfect for a home office or play area. The master retreat is large with a huge walk in closet and spa like bath with dual sinks, separate shower and soaker tub. The look out lower level features a family room, 2nd full bath, bedroom, walk in closet and laundry/utility area. Additional highlights include, central air, ceiling fans, hardwood floors, attached 2 car garage and deck. New A/C in 2020 and new hot water heater and stainless steel appliances in 2019 - shows great! South Elgin Schools, close to Rt 20, Randall Rd shopping, I90 and more!

Last Agent to Sell the Property

Tamara O'Connor

Premier Living Properties License #475110537 Listed on: 04/09/2021

Last Buyer's Agent

Donna Catanese

GMC Realty LTD License #475136221

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,033

Year Built

  • 1991

Lot Details

  • 0.35

HOA Fees

  • $205 per month

Parking

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

Interior Spaces

  • 1,725 Sq Ft Home
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Finished Basement Bathroom

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 5 Units
  • Kelly Gnadt Association, Phone Number (847) 697-7764
  • Property managed by Prominent Property Management

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,033

Year Built

1991

Lot Details

0

HOA Fees

$205 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Townhouse-2 Story
  • Property Sub Type: Townhouse-2 Story
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Directions: Randall Rd to Bowes Rd E to Ascot Dr. to Arbor Ln. to home
  • Lot Size: 58X26
  • Master Model: MODEL B
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Pine Meadows
  • Special Features: None
  • Year Built: 1991

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: English
  • Fireplace Features: Gas Starter
  • Estimated Total Finished Sq Ft: 1725
  • Assessed Sq Ft: 455
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1725
  • Fireplace Location: Family Room
  • Total Sq Ft: 1725
  • Upper Level Sq Ft: 475
  • Main Level Sq Ft: 615
  • Lower Level Sq Ft: 635
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Dining Room Type: Loft, Foyer, Deck
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick,Cedar
  • Lot Features: Common Grounds, Landscaped
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Laundry Features: Gas Dryer Hookup, 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: Prominent Property Management
  • Management Contact Name: Kelly Gnadt
  • Management Phone: 847-697-7764
  • Amenities: None
  • Association Fee: 205
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Elementary School: Otter Creek Elementary School
  • High School: South Elgin High School
  • Junior High Dist: 46
  • Middle Or Junior School: Abbott Middle School

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 5

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 4076.78
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2002
Sold by
Caravette Daniel C
Bought by
Woznicki Kamil
Current Estimated Value
$305,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,200
Outstanding Balance
$59,791
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$245,623

Purchase Details

Closed on
May 31, 2000
Sold by
May Joel A and May Angela
Bought by
Caravette Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,200
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Woznicki Kamil $176,500 --
Caravette Daniel C $132,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woznicki Kamil $141,200
Previous Owner Caravette Daniel C $112,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $215,000 +9.1% $125 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $197,000 -- $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 $5,033 $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 $4,077 $49,650 $6,466 $43,184
2018 $4,699 $53,525 $6,091 $47,434
2017 $4,587 $50,600 $5,758 $44,842
2016 $4,367 $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: 11048641

Midwest Real Estate Data (MRED)

APN: 06-27-176-101