$300,000
SOLD JAN 28, 2025
1 Bed
1 Bath
1,080 Sq Ft
$283/mo HOA Fee

Recently Sold

$278 Per Sq Ft

3% Above List Price

3 Days on Market

Highlights

  • Heated Floors
  • 1-minute walk to Arlington Heights Station
  • Granite Countertops
  • Olive-Mary Stitt Elementary School Rated A-
  • Lock-and-Leave Community
  • 3-minute walk to Harmony Park

About This Home

As of January 2025

Welcome to this stunning 1-bedroom condo located in one of the most luxurious buildings in downtown Arlington Heights! Impeccably maintained and cared for, this condo offers an unmatched blend of comfort, style, and convenience. Step into the spacious, recently remodeled kitchen, featuring granite countertops, stainless steel appliances, and beautiful hardwood floors. The kitchen flows seamlessly into the bright and inviting family room, drenched in natural sunlight. From here, walk out onto your private balcony and take in breathtaking views of the Chicago skyline-the perfect spot for relaxing or entertaining. The bedroom is generously sized and includes custom-built shelving for ample storage and style. The luxurious bathroom has been completely remodeled and boasts a custom-tiled, walk-in shower with glass doors, heated floors, and high-end finishes that create a spa-like experience. For added convenience, the unit is equipped with an in-unit washer and dryer and a newer AC unit (just 3 years old). Nestled in the heart of Arlington Heights, this prime location puts you steps away from the Metra train station, shopping, restaurants, and all the vibrant amenities this area has to offer. Don't miss the opportunity to make this impeccable condo your new home! Schedule your showing today!

Last Agent to Sell the Property

Joseph DeFrancesco

Dapper Crown License #475164682 Listed on: 12/19/2024

Last Buyer's Agent

Caroline Starr

@properties Christie's International Real Estate License #475123478

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,497

Year Built

  • Built in 1995

HOA Fees

  • $283 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,080 Sq Ft Home
  • Built-In Features
  • Blinds
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Heated Floors

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

Schools

  • Olive-Mary Stitt Elementary School
  • Thomas Middle School
  • John Hersey High School

Utilities

  • Central Air
  • Heating System Uses Steam
  • Radiant Heating System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 56 Units
  • Jared Margolis Association, Phone Number (224) 582-2265
  • Property managed by MK Assest Management
  • Lock-and-Leave Community
  • 8-Story Property

Amenities

  • Sundeck
  • Party Room
  • Elevator
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,497

Year Built

Built in 1995

Lot Details

0

HOA Fees

$283 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
  • Year Built: 1995
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 8
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit, Built-in Features, Some Wood Floors, Drapes/Blinds, Granite Counters
  • LivingArea: 1080
  • Room Type: No additional rooms
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • List Price: 289900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Steam, Radiant
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 283
  • Association Amenities: Elevator(s), Storage, Party Room, Sundeck, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: MK Assest Management
  • Management Contact Name: Jared Margolis
  • Management Phone: 224-582-2265
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Olive-Mary Stitt School
  • High School: John Hersey High School
  • Middle/Junior School: Thomas Middle School
  • Middle/Junior School District: 25

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4497
  • Tax Year: 2023

Multi Family

  • Units in Building: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Jan 28, 2025
Sold by
Lawrence J Mulcahy Revocable Trust and Mulcahy Lawrence J
Bought by
Chicago Title Land Trust and Trust Number 8002390156
Seller's Agent
Joseph DeFrancesco
Dapper Crown
Buyer's Agent
Caroline Starr
@properties Christie's International Real Estate
List Price
$289,900
Sold Price
$300,000
Premium/Discount to List
$10,100
3.48%
Views
67
Current Estimated Value
$301,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,493
Avg. Annual Appreciation
-0.53%
Original Mortgage
$200,000
Outstanding Balance
$199,671
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$99,520

Purchase Details

Closed on
Sep 26, 2008
Sold by
Mulcahy Lawrence J
Bought by
Mulcahy Lawrence J and Mulcahy Revocable T Lawrence J

Purchase Details

Closed on
Dec 15, 1995
Sold by
Parkway Bank & Trust Company
Bought by
Mulcany Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,300
Interest Rate
7.36%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $300,000 Fidelity National Title
Deed $300,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Trustee Deed $123,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Closed $200,000 New Conventional
Previous Owner $90,000 Unknown
Previous Owner $98,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Sold $300,000 +3.5% $278 / Sq Ft
12/22/2024 12/22/24 Pending -- -- --
12/19/2024 12/19/24 For Sale $289,900 -- $268 / 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 $4,499 $19,749 $407 $19,342
2023 $4,305 $19,749 $407 $19,342
2022 $4,305 $19,749 $407 $19,342
2021 $4,263 $17,491 $76 $17,415
2020 $4,219 $17,491 $76 $17,415
2019 $4,193 $19,400 $76 $19,324
2018 $3,778 $16,380 $67 $16,313
2017 $3,750 $16,380 $67 $16,313
2016 $3,734 $16,380 $67 $16,313
2015 $3,461 $14,344 $186 $14,158
2014 $3,375 $14,344 $186 $14,158
2013 $3,273 $14,344 $186 $14,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12258468

Midwest Real Estate Data (MRED)

APN: 03-29-325-013-1054