NOT LISTED FOR SALE

2007 N Silver Lake Rd Unit 13 Arlington Heights, IL 60004

Estimated Value: $338,000 - $392,294

2 Beds
3 Baths
1,400 Sq Ft
$416/mo HOA Fee

Last Sold March 27, 2020

Last sale price $237,500 $170 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,965/month

49 Days on Market

Highlights

  • Water Views
  • Mature Trees
  • Vaulted Ceiling
  • Anne Sullivan Elementary School Rated A-
  • Pond
  • Wood Flooring

About This Home

As of March 2020

NEW wood floors on first floor! Beautiful Lake Arlington Towne with all of it's amenities. Lovely two story townhome was painted throughout and features a loft overlooking bright living room with vaulted ceiling and skylites. The master bedroom is also vaulted. The kitchen has views of the pond and fountain. All bathrooms have ceramic and there is a whirlpool tub in master bath. Roof and skylites new 10/2016. Loft and master bedroom windows replaced. Carpeting on 2nd floor one year new. New garage door-2019. You can either relax on your patio with serene views of the pond or head over to the clubhouse for a swim in indoor or outdoor pool. Exercise facility can be just what the doctor ordered. So many choices for fun or relaxation.

Last Agent to Sell the Property

Sharon Poisel

Baird & Warner License #471002619 Listed on: 12/17/2019

Baird & Warner

Last Buyer's Agent

Stephanie Hofman

@properties Christie's International Real Estate License #475123557

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,687

Year Built

  • 1992

Lot Details

  • Mature Trees

HOA Fees

  • $416 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
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Loft
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,687

Year Built

1992

Lot Details

0

HOA Fees

$416 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1992
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1992

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 6
  • Living Room: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Humidifier, CO Detectors, Ceiling Fan
  • Basement: Slab
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 8X5, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 16X12, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Loft, Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1400
  • Dining Room Type: L-shaped

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Patio

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

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Exercise Room, Pool-Indoors, Pool-Outdoors
  • Assessment Includes: Common Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 416
  • Management Contact Name: George 847-253-1140
  • Management Phone: 847-806-6121

Fee Information

  • Management Company: Property Specialists Inc.

Schools

  • School District: 214
  • Junior High Dist: 23

Lot Info

  • Lot Dimensions: INTEGRAL
  • Lot Description: Common Grounds, Pond, Water View, Mature Trees
  • Parcel Identification Number: 03164110121019

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 2

Tax Info

  • Taxes: 4940

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
Fersten Rachel M
Bought by
Fersten Rachel M and Fersten Jarrett G
Current Estimated Value
$374,324

Purchase Details

Listed on
Dec 17, 2019
Closed on
Mar 27, 2020
Sold by
Potnick Jeffrey M
Bought by
Fersten Rachel M
Seller's Agent
Sharon Poisel
Baird & Warner
Buyer's Agent
Stephanie Hofman
@properties Christie's International Real Estate
List Price
$247,500
Sold Price
$237,500
Premium/Discount to List
-$10,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$217,490
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2005
Sold by
Bhojwani Chander Prakash and Bhojwani Tulsi
Bought by
Potnick Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.38%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 28, 2003
Sold by
Herrell Diane S and Kirkorsky Diane
Bought by
Bhojwani Chander Prakash and Bhojwani Tulsi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.71%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 13, 1998
Sold by
Skonicki Linda A
Bought by
Herrell Diane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.02%

Purchase Details

Closed on
Jun 18, 1997
Sold by
Krol Stanley and Krol Zofia
Bought by
Skonicki Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
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
Fersten Rachel M -- --
Fersten Rachel M $237,500 Chicago Title
Potnick Jeffrey M $295,000 Stewart Title Of Illinois
Bhojwani Chander Prakash $255,000 Chicago Title Insurance Comp
Bhojwani Chander Prakash $255,000 Chicago Title Insurance Comp
Herrell Diane S $185,000 Mercury Title Company
Skonicki Linda A $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fersten Rachel M $217,490
Previous Owner Potnick Jeffrey M $236,000
Previous Owner Bhojwani Chander Prakash $204,000
Previous Owner Herrell Diane S $148,000
Previous Owner Skonicki Linda A $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2020 03/27/20 Sold $237,500 -4.0% $170 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
12/17/2019 12/17/19 For Sale $247,500 -- $177 / 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 $6,687 $27,780 $7,210 $20,570
2023 $6,357 $27,780 $7,210 $20,570
2022 $6,357 $27,780 $7,210 $20,570
2021 $5,853 $22,585 $751 $21,834
2020 $5,764 $22,585 $751 $21,834
2019 $5,774 $25,260 $751 $24,509
2018 $4,940 $20,400 $600 $19,800
2017 $4,905 $20,400 $600 $19,800
2016 $4,805 $20,400 $600 $19,800
2015 $4,739 $18,568 $3,755 $14,813
2014 $4,705 $18,568 $3,755 $14,813
2013 $4,582 $18,568 $3,755 $14,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10594478

Midwest Real Estate Data (MRED)

APN: 03-16-411-012-1019