NOT LISTED FOR SALE

1870 W Surrey Park Ln Unit 1B Arlington Heights, IL 60005

Busse Woods Neighborhood

Estimated Value: $238,000 - $255,000

2 Beds
2 Baths
1,125 Sq Ft
$344/mo HOA Fee

Last Sold August 18, 2022

Last sale price $192,000 $171 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,976/month

2 Days on Market

Highlights

  • End Unit
  • L-Shaped Dining Room
  • 1 Car Attached Garage
  • Rolling Meadows High School Rated A+
  • Community Pool
  • Patio

About This Home

As of August 2022

Surrey Park highly sought after corner 2bedroom 2bath first floor unit. This unit has a large open kitchen, dedicated dining room area, open to the large formal living room with large windows, 2 incredibly sized bedrooms with a whole wall of closets in each room, Master bath with full size laundry in-unit, Sliding glass doors leading to the very nicely sized private patio. Storage for unit is right outside the unit door. This unit also includes a 1 car parking spot in the garage and the subdivision has a pool! No rentals allowed dogs and cats ok.

Last Agent to Sell the Property

Christopher McAllister

McAllister Real Estate License #471002408 Listed on: 07/20/2022

Last Buyer's Agent

Adam Chaudhry

Berkshire Hathaway HomeServices Chicago License #475190986

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,118

Year Built

  • Built in 1977

Lot Details

  • 11.46

HOA Fees

  • $344 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,125 Sq Ft Home
  • 1-Story Property
  • Living Room
  • L-Shaped Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Bathroom
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Additional Features

  • Patio
  • End Unit

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • Surrey Park hoa, Phone Number (847) 301-1133
  • Surrey Park Subdivision
  • Property managed by American Community Management, Inc.

Recreation

  • Community Pool
  • Park

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,118

Year Built

Built in 1977

Lot Details

0

HOA Fees

$344 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: Surrey Park
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Laundry Hook-Up in Unit
  • LivingArea: 1125
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, End Unit
  • List Price: 192000
  • 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 Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Other
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Unit, In Bathroom
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 344
  • Association Amenities: Storage, Park, Pool
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: American Community Management, Inc.
  • Management Contact Name: Surrey park hoa
  • Management Phone: 847-301-1133
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 2118
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Aug 4, 2022
Sold by
Bailey Lisa E
Bought by
Feldman Steven M
Seller's Agent
Christopher McAllister
McAllister Real Estate
Buyer's Agent
Adam Chaudhry
Berkshire Hathaway HomeServices Chicago
List Price
$192,000
Sold Price
$192,000
Current Estimated Value
$248,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,030
Avg. Annual Appreciation
7.70%
Original Mortgage
$117,000
Outstanding Balance
$111,989
Interest Rate
4.75%
Mortgage Type
Balloon
Estimated Equity
$129,136

Purchase Details

Closed on
Sep 10, 2008
Sold by
Palmer Josephine R and Palmer John J
Bought by
Bailey Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,450
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2004
Sold by
Palmer Josephine R
Bought by
Palmer Josephine R and Palmer John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 13, 1994
Sold by
Walpert Sheldon G and Sheldon G Walpert Revocable Li
Bought by
Palmer Nicholas and Palmer Josephine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.53%
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
Feldman Steven M $192,000 Baird & Warner Title
Bailey Lisa $178,500 First American Title Ins Co
Palmer Josephine R -- --
Palmer Nicholas $96,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feldman Steven M $117,000
Previous Owner Bailey Lisa $153,000
Previous Owner Bailey Lisa $151,450
Previous Owner Palmer Josephine R $85,000
Previous Owner Palmer Nicholas $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $192,000 0.0% $171 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $192,000 -- $171 / 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 $3,720 $16,470 $4,248 $12,222
2023 $3,537 $16,470 $4,248 $12,222
2022 $3,537 $16,470 $4,248 $12,222
2021 $2,102 $10,132 $2,761 $7,371
2020 $2,118 $10,132 $2,761 $7,371
2019 $2,146 $11,374 $2,761 $8,613
2018 $2,255 $10,998 $2,336 $8,662
2017 $2,234 $10,998 $2,336 $8,662
2016 $2,322 $10,998 $2,336 $8,662
2015 $2,536 $11,157 $2,123 $9,034
2014 $2,513 $11,157 $2,123 $9,034
2013 $2,432 $11,157 $2,123 $9,034
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11469636

Midwest Real Estate Data (MRED)

APN: 08-08-401-059-1075