NOT LISTED FOR SALE

1515 E Central Rd Unit 258A Arlington Heights, IL 60005

Estimated Value: $240,000 - $257,000

2 Beds
2 Baths
1,300 Sq Ft
33.48 Acres

Last Sold October 18, 2021

Last sale price $175,000 $135 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,751/month

Highlights

  • Fitness Center
  • Wood Flooring
  • Tennis Courts
  • Prospect High School Rated A+
  • Community Pool
  • Party Room

About This Home

As of April 2023

This spacious and sunny 2 bedroom 2 bath end unit is available for immediate occupancy .Gleaming hardwood floors throughout. Open concept floor plan. Master suite has walk in closet and master bath. Private balcony with an extra storage space is overlooking rolling greens. This complex has many extras including tennis courts, newly remodeled fitness center and outdoor pool. It is located within short distance to the train station, shopping, Metra station and Arlington Heights as well as Mount Prospect lively entertainment and restaurant downtown scene. Easy highway access i-90 and I 53. Pace bus #691 and ample parking are additional benefits of this outstanding community.

Last Agent to Rent the Property

Tad Szmelter

Coldwell Banker Realty License #471002604 Listed on: 03/30/2023

Coldwell Banker Realty

Last Renter's Agent

Daniel Wood

Berkshire Hathaway HomeServices Chicago License #475179456

Berkshire Hathaway HomeServices Chicago

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,650

Year Built

  • Built in 1976

Lot Details

  • 33.48

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Balcony

Schools

  • Fairview Elementary School
  • Lincoln Junior High School
  • Prospect High School

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Security Deposit $1,850
  • Property Available on 4/1/22
  • Rent includes water, parking, pool, scavenger, security, exterior maintenance, lawn care, storage lockers, snow removal

Community Details

Overview

  • 88 Units
  • Linda Feltes/Sue Spears Association, Phone Number (847) 228-5176
  • Dana Point Subdivision
  • Property managed by FIRST SERVICE RESIDENTIAL

Amenities

  • Common Area
  • Party Room
  • Coin Laundry
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,650

Year Built

Built in 1976

Lot Details

0

Rental Info

  • Available Date: 2022-04-01
  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1850
  • Security Deposit: $1850
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report,Move-in Fee,Move Out Fee

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Subdivision Name: Dana Point
  • Year Built: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: No
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1300
  • Room Type: Walk In Closet
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm,L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 1850
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room, Pool, Tennis Court(s)
  • Rent Includes: Water, Parking, Pool, Scavenger, Security, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal
  • Management: Manager On-site,Monday through Friday
  • Management Company: FIRST SERVICE RESIDENTIAL
  • Management Contact Name: Linda Feltes/Sue Spears
  • Management Phone: 847-228-5176

Schools

  • Elementary School: Fairview Elementary School
  • High School: Prospect High School
  • Middle/Junior School: Lincoln Junior High School
  • Middle/Junior School District: 57

Lot Info

  • Lot Dimensions: INTEGRAL

Multi Family

  • Units in Building: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2022
Sold by
Twarog Piott
Bought by
Albany Bank & Trust Company Na
Current Estimated Value
$250,018

Purchase Details

Closed on
Apr 23, 2022
Sold by
Twarog Piotr
Bought by
Albany Bank & Trust Company Na

Purchase Details

Listed on
Aug 25, 2021
Closed on
Sep 30, 2021
Sold by
Lazarevic Vladimir and Lazarevic Olivera
Bought by
Twarog Piotr P
Seller's Agent
Kate Seemann
Redfin Corporation
Buyer's Agent
Tad Szmelter
Coldwell Banker Realty
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$131,250
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2003
Sold by
Namojlik Mark
Bought by
Lazarevic Vladimir and Lazarevic Olivera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,850
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2003
Sold by
Berger Frederick W
Bought by
Namojlik Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2001
Sold by
Berger Frederick W and Berger Edith Ann
Bought by
Berger Frederick W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
10.65%

Purchase Details

Closed on
Aug 25, 1998
Sold by
Berger Edith T and Berger Edith Ann
Bought by
Liv Berger Edith Ann and Liv Edith Ann Berger Revocable
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
Albany Bank & Trust Company Na -- --
Albany Bank & Trust Company Na -- None Listed On Document
Twarog Piotr P $175,000 Attorneys Ttl Guaranty Fund
Lazarevic Vladimir $183,000 Lawyers Title Insurance Corp
Namojlik Mark $145,000 Cti
Berger Frederick W -- Lawyers Title Insurance Corp
Liv Berger Edith Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Twarog Piotr P $131,250
Previous Owner Lazarevic Vladimir $161,000
Previous Owner Lazarevic Vladimir $173,850
Previous Owner Namojlik Mark $137,500
Previous Owner Berger Frederick W $116,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Rented $1,850 0.0% --
04/07/2023 04/07/23 Under Contract -- -- --
03/30/2023 03/30/23 For Rent $1,850 +5.7% --
12/28/2021 12/28/21 Rented -- -- --
11/12/2021 11/12/21 Under Contract -- -- --
10/19/2021 10/19/21 For Rent $1,750 0.0% --
10/18/2021 10/18/21 Sold $175,000 -2.8% $135 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $180,000 0.0% $138 / Sq Ft
08/15/2019 08/15/19 Rented $1,650 0.0% --
08/13/2019 08/13/19 Under Contract -- -- --
08/06/2019 08/06/19 For Rent $1,650 0.0% --
08/05/2019 08/05/19 Off Market $1,650 -- --
07/13/2019 07/13/19 For Rent $1,650 0.0% --
07/13/2019 07/13/19 Off Market $1,650 -- --
06/18/2019 06/18/19 For Rent $1,650 0.0% --
08/01/2017 08/01/17 Rented $1,650 0.0% --
07/24/2017 07/24/17 Under Contract -- -- --
06/14/2017 06/14/17 For Rent $1,650 +3.1% --
08/01/2016 08/01/16 Rented $1,600 0.0% --
06/07/2016 06/07/16 Under Contract -- -- --
06/03/2016 06/03/16 For Rent $1,600 -- --
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 $4,650 $16,663 $3,090 $13,573
2023 $4,447 $16,663 $3,090 $13,573
2022 $4,447 $16,663 $3,090 $13,573
2021 $3,526 $14,654 $1,951 $12,703
2020 $3,515 $14,654 $1,951 $12,703
2019 $3,518 $16,321 $1,951 $14,370
2018 $2,476 $11,592 $1,626 $9,966
2017 $2,461 $11,592 $1,626 $9,966
2016 $2,340 $11,592 $1,626 $9,966
2015 $1,626 $8,416 $1,463 $6,953
2014 $1,614 $8,416 $1,463 $6,953
2013 $1,597 $8,416 $1,463 $6,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11748514

Midwest Real Estate Data (MRED)

APN: 08-10-201-024-1176