NOT LISTED FOR SALE

1987 N Silver Lake Rd Unit 22 Arlington Heights, IL 60004

Estimated Value: $389,000 - $419,000

3 Beds
2 Baths
1,400 Sq Ft
$345/mo HOA Fee

Last Sold June 28, 2012

Last sale price $210,000 $150 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,245/month

95 Days on Market

Highlights

  • Water Views
  • Landscaped Professionally
  • Balcony
  • Anne Sullivan Elementary School Rated A-
  • Pond
  • Attached Garage

About This Home

As of June 2012

PRISTINE CONDITION & PRETTY VIEWS OF POND & TREES! FRESHLY PAINTED IN NEUTRAL TONES. SKYLIGHTS & VAULTED CEILING IN LIVING & DINING RM. GAS START, GAS LOG FRPLC W/WOOD MANTLE IN LIV RM. BRKFST BAR W/BAR STOOLS FOR QUICK MEALS. KITCHEN HAS NEWER REFRIGERATOR & DISPOSAL. MASTER BEDROOM W/ATTACHED BATH & LARGE WALK-IN CLOSET. NEWER WASHER & WATER HEATER. CUSTOM WINDOW TREATMENTS. COMMUNITY OFFERS NUMEROUS AMENITIES.

Last Agent to Sell the Property

Janice Weiner

RE/MAX Suburban License #471004372 Listed on: 01/23/2012

Last Buyer's Agent

Claudia Starck

Baird & Warner License #471007045

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,117

Year Built

  • 1994

Lot Details

  • East or West Exposure
  • Landscaped Professionally

HOA Fees

  • $345 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Gas Log Fireplace
  • Water Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Balcony

Utilities

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

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,117

Year Built

1994

Lot Details

0

HOA Fees

$345 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Type Attached: Townhouse-2 Story
  • Unit Floor Level: 2
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1994

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 16X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 5X4, On Level: 2nd Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 11X9, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 11X11, On Level: 2nd Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 15X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1400
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony
  • Exposure: E (East), W (West)

Garage/Parking

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

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Boat Dock, Exercise Room, Storage, On Site Manager/Engineer, Park/Playground, Party Room, Sundeck, Pool-Indoors, Tennis Court/s
  • Assessment/Association Fees: 345
  • Assessment Includes: Common Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Lake Rights

Schools

  • School District: 214
  • Elementary School: BETSY ROSS ELEMENTARY SCHOOL
  • Middle School: MACARTHUR MIDDLE SCHOOL
  • High School: WHEELING HIGH SCHOOL
  • Junior High Dist: 23

Lot Info

  • Lot Dimensions: INTEGRAL
  • Lot Description: Common Grounds, Landscaped Professionally, Pond, Water View

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2012
Sold by
Wiggs William and Wiggs Karen
Bought by
Wiggs David A
Current Estimated Value
$406,286

Purchase Details

Listed on
Jan 23, 2012
Closed on
Jun 26, 2012
Sold by
Scheller Kenneth J and Scheller Julie A
Bought by
Wiggs William and Wiggs Karen
Seller's Agent
Janice Weiner
RE/MAX Suburban
Buyer's Agent
Claudia Starck
Baird & Warner
List Price
$224,900
Sold Price
$210,000
Premium/Discount to List
-$14,900
-6.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
May 24, 2000
Sold by
Lukz Tom
Bought by
Scheller Kenneth J and Scheller Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
8.13%

Purchase Details

Closed on
Aug 12, 1994
Sold by
Ross Rick and Ross Toni A
Bought by
Lukz Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
8%
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
Wiggs David A -- None Available
Wiggs William $210,000 Chicago Title Insurance Co
Scheller Kenneth J $219,000 Chicago Title Insurance Co
Lukz Tom $175,000 Intercounty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scheller Kenneth J $159,000
Previous Owner Scheller Kenneth J $154,000
Previous Owner Lukz Tom $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2012 06/28/12 Sold $210,000 -6.6% $150 / Sq Ft
04/27/2012 04/27/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $224,900 -- $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 $8,117 $29,699 $7,708 $21,991
2023 $7,751 $29,699 $7,708 $21,991
2022 $7,751 $29,699 $7,708 $21,991
2021 $7,339 $24,144 $802 $23,342
2020 $7,144 $24,144 $802 $23,342
2019 $7,142 $27,004 $802 $26,202
2018 $6,350 $21,809 $642 $21,167
2017 $6,284 $21,809 $642 $21,167
2016 $5,854 $21,809 $642 $21,167
2015 $5,899 $19,850 $4,014 $15,836
2014 $5,837 $19,850 $4,014 $15,836
2013 $5,706 $19,850 $4,014 $15,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07980569

Midwest Real Estate Data (MRED)

APN: 03-16-411-012-1002