NOT LISTED FOR SALE

1526 E Arbor Ln Arlington Heights, IL 60004

Estimated Value: $402,000 - $475,000

2 Beds
3 Baths
1,725 Sq Ft
$249/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $312,000 $181 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,322/month

6 Days on Market

Highlights

  • Attached Garage
  • Anne Sullivan Elementary School Rated A-
  • Combination Dining and Living Room

About This Home

As of December 2021

Newer construction in Heart Of Arlington Heights! Excellent single family attached style townhome w/ wide open Coventry model floor plan. Perfect for starting out or downsizing. Bright, large, open kitchen exemplifies luxury featuring 42" maple cabinets, granite countertops, stainless steel appliances and hard wood floors. Head upstairs to find 2 master bedrooms and upper level laundry. Lower level features bonus/flex room that could function as anything from an office to a child's play area to a man/woman cave. 2 car garage.

Last Agent to Sell the Property

Mohammed Iftikhar

Guidance Realty Listed on: 10/21/2021

Last Buyer's Agent

Silvia Hernandez

RE/MAX City License #475137533

RE/MAX City

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,841

Year Built

  • 2016

Lot Details

  • 1,350

HOA Fees

  • $267 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price

Interior Spaces

  • Combination Dining and Living Room

Community Details

Overview

  • 4 Units
  • Charlie Haas Association, Phone Number (847) 757-7171
  • Property managed by Mperial Mgmt.

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,841

Year Built

2016

Lot Details

0

HOA Fees

$267 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: T3-Townhouse 3+ Stories
  • Property Sub Type: T3-Townhouse 3+ Stories
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Directions: Palatine Road East to Windsor South to Frontage Road to Arbor Lane.Put 1605 E. Palatine Rd.
  • Lot Size: 21 X 38
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Special Features: None
  • Year Built: 2016

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Storage
  • Other Equipment: Humidifier, TV-Cable, Fire Sprinklers
  • Dining Room Type: Bonus Room
  • Stories: 3

Exterior Features

  • Exterior Building Type: Vinyl Siding,Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2.5
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Mperial Mgmt.
  • Management Contact Name: Charlie Haas
  • Management Phone: 847-757-7171
  • Association Fee: 267
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Elementary School: Dwight D Eisenhower Elementary S
  • High School: John Hersey High School
  • Junior High Dist: 214
  • Middle Or Junior School: Macarthur Middle School

Lot Info

  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: N/A

Multi Family

  • Units in Building: 4

Tax Info

  • Tax Annual Amount: 6893.11
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jan 14, 2022
Sold by
Zhang Derrick and Tam Katie
Bought by
Jorges Beverly
Seller's Agent
Mohammed Iftikhar
Guidance Realty
Buyer's Agent
Silvia Hernandez
RE/MAX City
List Price
$324,900
Sold Price
$312,000
Premium/Discount to List
-$12,900
-3.97%
Current Estimated Value
$434,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,916
Avg. Annual Appreciation
7.21%
Original Mortgage
$280,800
Outstanding Balance
$262,948
Interest Rate
3.63%
Estimated Equity
$138,147

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 28, 2021
Sold by
Zhang Derrick and Tam Katie
Bought by
Jorges Beverly
Seller's Agent
Mohammed Iftikhar
Guidance Realty
Buyer's Agent
Silvia Hernandez
RE/MAX City
List Price
$324,900
Sold Price
$312,000
Premium/Discount to List
-$12,900
-3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Outstanding Balance
$262,948
Interest Rate
3.63%
Estimated Equity
$138,147

Purchase Details

Closed on
Jul 21, 2017
Sold by
Rsd Arbor Lane Llc
Bought by
Zhang Derrick S and Tam Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3.88%
Mortgage Type
New Conventional
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
Jorges Beverly $312,000 --
Jorges Beverly $312,000 --
Jorges Beverly $312,000 --
Zhang Derrick S $290,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorges Beverly $280,800
Previous Owner Zhang Derrick S $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $312,000 -4.0% $181 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $324,900 -- $188 / 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 $7,841 $32,000 $6,000 $26,000
2023 $8,352 $32,000 $6,000 $26,000
2022 $8,352 $32,000 $6,000 $26,000
2021 $7,029 $26,454 $847 $25,607
2020 $6,909 $26,454 $847 $25,607
2019 $6,893 $29,492 $847 $28,645
2018 $7,456 $29,042 $745 $28,297
2017 $8,368 $29,042 $745 $28,297
2016 $200 $745 $745 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11252657

Midwest Real Estate Data (MRED)

APN: 03-21-118-007-0000