NOT LISTED FOR SALE

1936 N Silver Lake Rd Unit 72 Arlington Heights, IL 60004

Ivy Hill Neighborhood

Estimated Value: $348,000 - $369,860

2 Beds
2.5 Baths
-- Sq Ft
$386/mo HOA Fee

Last Sold May 31, 2022

Last sale price $275,000

Est. 30% increase in value since last sale

Current estimated payment $2,835/month

1 Day on Market

Highlights

  • Waterfront
  • Pond
  • Formal Dining Room
  • Anne Sullivan Elementary School Rated A-
  • Vaulted Ceiling
  • Skylights

About This Home

As of May 2022

Beautiful pond views right outside your sliding glass doors to the patio of this well-maintained bright & light townhome. Watch the ducks go by this two-story, 2 bedroom, 2-1/2 bath unit in Lake Arlington Towne. This home offers vaulted ceilings, skylights, fireplace and a 2 car attached garage. Lots of closet space! 1st floor laundry and powder room. Enjoy the walking path around Lake Arlington, the club house with pools, tennis courts, kitchen and exercise room. This community has easy access to expressways, train & shopping. Very nice maintenance free home with great amenities. This home is being sold "AS IS".

Last Agent to Sell the Property

Steve Jasinski

Berkshire Hathaway HomeServices Chicago License #475151442 Listed on: 05/03/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Joanne Shim

New Generation Realty License #471017802

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,424

Year Built

  • Built in 1994

Lot Details

  • Waterfront

HOA Fees

  • $386 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

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Formal Dining Room
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

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

Home Security

Outdoor Features

  • Pond
  • 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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units
  • Dan Association, Phone Number (847) 253-1140
  • Lake Arlington Towne Subdivision, Carlyle Floorplan
  • Property managed by Property Specialists

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,424

Year Built

Built in 1994

Lot Details

0

HOA Fees

$386 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Lake Arlington Towne
  • Year Built: 1994
  • Age: 26-30 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Wood Laminate Floors, First Floor Laundry
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Pond(s)
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Aluminum 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: Sewer-Storm
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 386
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Property Specialists
  • Management Contact Name: Dan
  • Management Phone: 847-253-1140
  • 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: COMMON
  • 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: 4423.64
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
May 20, 2022
Sold by
Sikonia Donna and Sikonia John
Bought by
Cho Young Chul and Han Eun Jun
Seller's Agent
Steve Jasinski
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Joanne Shim
New Generation Realty
List Price
$262,500
Sold Price
$275,000
Premium/Discount to List
$12,500
4.76%
Current Estimated Value
$356,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,215
Avg. Annual Appreciation
7.79%
Original Mortgage
$220,000
Outstanding Balance
$210,124
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$146,091

Purchase Details

Closed on
Jun 24, 2016
Sold by
Gralewski Mark and Ichniouski Elizabeth A
Bought by
Hammerman Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2005
Sold by
Sutherlin Ryan D and Sutherlin Lauren A
Bought by
Ichniowski Elizabeth M and Gralewski Mark W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,150
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 26, 2003
Sold by
Woodward Ronald K
Bought by
Suterlin Ryan P and Kellen Lauren A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 1999
Sold by
Kurek Jacqueline T
Bought by
Woodward Ronald K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
6.25%
Source: Public Records

Range of Values:

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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
Cho Young Chul $275,000 None Listed On Document
Hammerman Anna $235,000 First American Title Insurnc
Ichniowski Elizabeth M $289,000 Atgf Inc
Suterlin Ryan P $265,000 --
Woodward Ronald K $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cho Young Chul $220,000
Previous Owner Hammerman Anna $188,000
Previous Owner Ichniowski Elizabeth M $231,150
Previous Owner Suterlin Ryan P $212,000
Previous Owner Woodward Ronald K $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $275,000 +4.8% --
05/05/2022 05/05/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $262,500 -- --
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 $6,904 $25,260 $6,556 $18,704
2023 $4,985 $25,260 $6,556 $18,704
2022 $4,985 $25,260 $6,556 $18,704
2021 $4,420 $20,535 $682 $19,853
2020 $4,424 $20,535 $682 $19,853
2019 $4,442 $22,967 $682 $22,285
2018 $3,600 $18,549 $546 $18,003
2017 $5,344 $18,549 $546 $18,003
2016 $4,308 $18,549 $546 $18,003
2015 $4,238 $16,883 $3,414 $13,469
2014 $4,209 $16,883 $3,414 $13,469
2013 $4,097 $16,883 $3,414 $13,469
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11392632

Midwest Real Estate Data (MRED)

APN: 03-16-411-012-1036