NOT LISTED FOR SALE

1517 E Arbor Ln Arlington Heights, IL 60004

Estimated Value: $395,000 - $429,000

2 Beds
3 Baths
1,725 Sq Ft
$239/Sq Ft Est. Value

Last Sold September 08, 2015

Last sale price $290,000 $168 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,078/month

14 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Storage
  • Anne Sullivan Elementary School Rated A-
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2015

New townhome in Arlington Heights! This plan offers 2 master bedrooms, 2 and a half baths, kitchen, with open living and dining room. Gleaming hardwood floors in Kitchen, living and dining room. Kitchen includes 42"maple cabinets, granite countertops, and stainless steel appliances. Lower level has a two car garage and flex space.

Last Agent to Sell the Property

Laurie Richards

Red Seal Realty License #475147334 Listed on: 07/13/2015

Last Buyer's Agent

Ki Yoon

JStar Investment, INC License #475140086

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,840

Year Built

  • 2015

Lot Details

  • 1,394

HOA Fees

  • $235 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Bonus Room
  • Storage
  • Laundry on upper level
  • Wood Flooring

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,840

Year Built

2015

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: NEW Ready for Occupancy
  • New Construction: Y
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2015
  • Type Attached: T3-Townhouse 3+ Stories
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Built: 2015

Interior Features

  • Interior Property Features: Hardwood Floors, 2nd Floor Laundry, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Equipment: Humidifier, TV-Cable, Fire Sprinklers
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 17X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Bonus
  • Master Bedroom: Dimensions: 16X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Bonus, Dimensions: 14X9, On Level: Lower, Flooring: Carpet
  • Bedroom 2: Dimensions: 16X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1725
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Vinyl Siding, Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 235
  • Management Contact Name: Shari
  • Management Phone: 847-272-5600

Fee Information

  • Management Company: Red Seal Development

Schools

  • School District: 214
  • Elementary School: DWIGHT D EISENHOWER ELEMENTARY S
  • Middle School: MACARTHUR MIDDLE SCHOOL
  • High School: JOHN HERSEY HIGH SCHOOL
  • Junior High Dist: 23

Lot Info

  • Lot Dimensions: 21 X 38
  • Parcel Identification Number: 03211000000000

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 3

Tax Info

  • Taxes: NEW

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2015
Closed on
Sep 8, 2015
Sold by
Rsd Arbor Lane Llc
Bought by
Choi Jin H and Shu Eun A
Seller's Agent
Laurie Richards
Red Seal Realty
Buyer's Agent
Ki Yoon
JStar Investment, INC
List Price
$314,900
Sold Price
$290,000
Premium/Discount to List
-$24,900
-7.91%
Current Estimated Value
$412,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,940
Avg. Annual Appreciation
3.56%
Original Mortgage
$203,000
Outstanding Balance
$79,316
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$333,624
Source: Public Records

Range of Values:

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Average Value
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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
Choi Jin H $290,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Jin H $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2015 09/08/15 Sold $290,000 -7.9% $168 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $314,900 -- $183 / 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 $7,840 $32,000 $6,000 $26,000
2023 $7,459 $32,000 $6,000 $26,000
2022 $7,459 $32,000 $6,000 $26,000
2021 $6,626 $25,130 $864 $24,266
2020 $6,517 $25,130 $864 $24,266
2019 $6,503 $28,016 $864 $27,152
2018 $7,609 $29,567 $760 $28,807
2017 $8,519 $29,567 $760 $28,807
2016 $9,230 $34,390 $760 $33,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08980568

Midwest Real Estate Data (MRED)

APN: 03-21-118-011-0000