NOT LISTED FOR SALE

1750 S Arlington Heights Rd Unit 2 Arlington Heights, IL 60005

Estimated Value: $190,000 - $255,000

2 Beds
2 Baths
1,200 Sq Ft
$361/mo HOA Fee

Last Sold December 16, 2022

Last sale price $195,000 $162 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,935/month

2 Days on Market

Highlights

  • L-Shaped Dining Room
  • Balcony
  • Living Room
  • Rolling Meadows High School Rated A+
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of December 2022

Desirable Park Place spacious 2 bedroom 2 bath (primary bedroom has its own full bath) with in unit full size washer and dryer, 2 balconies accessible off both bedrooms, and a short walk to the Jewel grocery store, Starbucks, and Metra bus stop. The condo is in the back of the complex and the huge balcony faces green area and single family homes; the quietest location in Park Place. There is a convenient indoor attached garage parking spot as well as a large storage closet right in front of the space. There are hardwood and laminate floors throughout, except for the baths. While the property was in the private listing network there was a price range of $180,000 to $199,900 because the seller was going to repaint walls, doors and trim as well as make other improvements and then list it for $199,900. If a buyer is a cash buyer or extremely well qualified with at least 20% down and can close quickly purchases before the improvements start which should be around December 12, the price will be $180,000 (recent comps in the 1750 building for this year are $195,000 and $197,000). There is no negotiating on that price. Once all the improvements are completed the list price will be $199,900. The property is a " go and show." Use Showing Time. Agents- please be sure to lock all doors when you finish your showing!

Last Agent to Sell the Property

James Regan

RE/MAX Suburban License #475068723 Listed on: 11/22/2022

RE/MAX Suburban

Last Buyer's Agent

Tania Mihaylova

REMAX Legends License #475137036

REMAX Legends

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1987

Lot Details

  • 2.95

HOA Fees

  • $361 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Living Room
  • L-Shaped Dining Room
  • Storage
  • Laminate Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Juliette Low Elementary School
  • Holmes Junior High School
  • Rolling Meadows High School

Utilities

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

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 5 Units
  • Manager Association, Phone Number (847) 891-9794
  • Park Place Subdivision
  • Property managed by MGD Prop Specialists

Amenities

  • Community Storage Space

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,500

Year Built

Built in 1987

Lot Details

0

HOA Fees

$361 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Park Place
  • Year Built: 1987
  • Age: 31-40 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: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1200
  • Room Type: Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 1200
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 1200
  • Total Sq Ft: 1200
  • Upper Level Sq Ft: 1200
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 180000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(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: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 361
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: MGD Prop Specialists
  • Management Contact Name: Manager
  • Management Phone: 847-891-9794
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Juliette Low Elementary School
  • High School: Rolling Meadows High School
  • Middle/Junior School: Holmes Junior High School
  • Middle/Junior School District: 59

Lot Info

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

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 2499.82
  • Tax Year: 2020

Multi Family

  • Units in Building: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
Dec 14, 2022
Sold by
Chiou Catherine E and Chiou Richard
Bought by
Ruseva Asya
Seller's Agent
James Regan
RE/MAX Suburban
Buyer's Agent
Tania Mihaylova
REMAX Legends
List Price
$180,000
Sold Price
$195,000
Premium/Discount to List
$15,000
8.33%
Views
67
Current Estimated Value
$231,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,543
Avg. Annual Appreciation
6.60%
Original Mortgage
$156,000
Outstanding Balance
$151,149
Interest Rate
6.38%
Mortgage Type
Balloon
Estimated Equity
$80,456

Purchase Details

Listed on
Jul 24, 2015
Closed on
Aug 5, 2015
Sold by
Tirio Nancy and Piansay Janet
Bought by
Chiou Catherine E
Seller's Agent
Niki Metropoulos
RE/MAX At Home
Buyer's Agent
Carol Baker
RE/MAX Suburban
List Price
$118,000
Sold Price
$123,000
Premium/Discount to List
$5,000
4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Nov 15, 2002
Sold by
Zaker Germaine
Bought by
Zaker Germaine and Germaine Zaker Trust
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
Ruseva Asya $195,000 Old Republic National Title
Ruseva Asya $195,000 Old Republic National Title
Chiou Catherine E $123,000 Chicago Title Insurance Co
Zaker Germaine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruseva Asya $156,000
Closed Ruseva Asya $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $195,000 +8.3% $163 / Sq Ft
11/25/2022 11/25/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $180,000 +46.3% $150 / Sq Ft
08/19/2015 08/19/15 Sold $123,000 +4.2% --
07/28/2015 07/28/15 Pending -- -- --
07/24/2015 07/24/15 For Sale $118,000 -- --
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 $3,743 $14,469 $3,366 $11,103
2023 $2,727 $14,469 $3,366 $11,103
2022 $2,727 $14,469 $3,366 $11,103
2021 $2,509 $12,208 $2,187 $10,021
2020 $2,500 $12,208 $2,187 $10,021
2019 $2,556 $13,705 $2,187 $11,518
2018 $2,889 $10,329 $1,851 $8,478
2017 $2,847 $10,329 $1,851 $8,478
2016 $2,664 $10,329 $1,851 $8,478
2015 $2,004 $7,226 $1,682 $5,544
2014 $727 $7,226 $1,682 $5,544
2013 $1,931 $7,226 $1,682 $5,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11677393

Midwest Real Estate Data (MRED)

APN: 08-09-400-070-1021