NOT LISTED FOR SALE

1907 N Silver Lake Rd Unit 56 Arlington Heights, IL 60004

Ivy Hill Neighborhood

Estimated Value: $319,516 - $348,000

2 Beds
1 Bath
1,300 Sq Ft
$257/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $185,000 $142 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,540/month

33 Days on Market

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Tennis Courts
  • Anne Sullivan Elementary School Rated A-
  • Community Indoor Pool
  • Party Room

About This Home

As of October 2019

Rare Ranch Town Home End Unit W/2 Car Garage! Living Rm W/Volume Ceilings & French Dr to Patio, Formal Dining Rm, Kitchen with Brand New Stainless Appliances & Newer Hard-Surface Counters, Laundry W/Washer & Dryer, Extra Large Ceramic Bath/Dual Sinks, Spacious Master Bedroom W/Walk-in, 6-Panel Doors Throughout. Walk to all of Lake Arlington's Great Amenities. Private Clubhouse Facilities W/Indoor/Outdoor Pool, Tennis Courts, Pro-Quality Workout Rm, His & Hers Lockers/Showers also an Outstanding Party Room. *CURRENTLY NO TAX EXEMPTIONS ON THIS HOME*

Last Agent to Sell the Property

Herb Grunst

Coldwell Banker Realty License #475099692 Listed on: 08/27/2019

Coldwell Banker Realty

Last Buyer's Agent

Herb Grunst

Coldwell Banker Realty License #475099692 Listed on: 08/27/2019

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,397

Year Built

  • Built in 1994

Lot Details

  • 7.11

HOA Fees

  • $314 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Living Room
  • Formal Dining Room

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Dual Sinks
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Schools

  • Betsy Ross Elementary School
  • Macarthur Middle School
  • Wheeling High School

Utilities

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

Community Details

Overview

  • Association fees include insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units
  • Lake Arlington Towne "Gallena" Association, Phone Number (847) 253-9238
  • Lake Arlington Towne Subdivision, Ranch Floorplan
  • Property managed by PROPERTY SPECIALISTS

Amenities

  • Party Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,397

Year Built

Built in 1994

Lot Details

0

HOA Fees

$314 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-Ranch
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-Ranch
  • Subdivision Name: Lake Arlington Towne
  • Year Built: 1994
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • LivingArea: 1300
  • Other Equipment: TV-Cable
  • Room Type: Foyer, Walk In Closet
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 314
  • Association Amenities: Exercise Room, Health Club, On Site Manager/Engineer, Party Room, Indoor Pool, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Management Company: PROPERTY SPECIALISTS
  • Management Contact Name: LAKE ARLINGTON TOWNE "GALLENA"
  • Management Phone: 847-253-9238
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Betsy Ross Elementary School
  • High School: Wheeling High School
  • Middle/Junior School: Macarthur Middle School

Lot Info

  • Lot Dimensions: INTEGRAL
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4397
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2019
Closed on
Oct 28, 2019
Sold by
Schmeissing William P
Bought by
Eagle Silver Lake Llc
Seller's Agent
Herb Grunst
Coldwell Banker Realty
Buyer's Agent
Herb Grunst
Coldwell Banker Realty
List Price
$209,900
Sold Price
$185,000
Premium/Discount to List
-$24,900
-11.86%
Current Estimated Value
$334,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,129
Avg. Annual Appreciation
10.35%

Purchase Details

Closed on
Oct 2, 2012
Sold by
Chicago Title Land Trust Company
Bought by
Schmeissing Lillian and Lillian Reserve Schmeissing Revocable Li

Purchase Details

Closed on
Feb 5, 1998
Sold by
Schmeissing William and Schmeissing Lillian
Bought by
Mid Town Bank & Trust Company and Trust #2120

Purchase Details

Closed on
Oct 1, 1993
Sold by
Lake Arlington Development Partnership
Bought by
Schmeissing William and Schmeissing Lillian

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
7%
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
Eagle Silver Lake Llc $185,000 Fidelity National Title
Schmeissing Lillian -- Chicago Title Land Trust Co
Mid Town Bank & Trust Company -- --
Schmeissing William $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmeissing William $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $185,000 0.0% $142 / Sq Ft
09/29/2019 09/29/19 Pending -- -- --
09/27/2019 09/27/19 Off Market $185,000 -- --
08/27/2019 08/27/19 For Sale $209,900 -- $161 / 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 $5,620 $20,563 $5,337 $15,226
2023 $5,366 $20,563 $5,337 $15,226
2022 $5,366 $20,563 $5,337 $15,226
2021 $5,081 $16,716 $555 $16,161
2020 $4,946 $16,716 $555 $16,161
2019 $4,945 $18,696 $555 $18,141
2018 $4,397 $15,100 $444 $14,656
2017 $4,351 $15,100 $444 $14,656
2016 $4,053 $15,100 $444 $14,656
2015 $4,084 $13,743 $2,779 $10,964
2014 $4,041 $13,743 $2,779 $10,964
2013 $3,950 $13,743 $2,779 $10,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10498648

Midwest Real Estate Data (MRED)

APN: 03-16-411-012-1028