$510,000
SOLD OCT 31, 2024
2 Beds
2 Baths
1,850 Sq Ft
$481/mo HOA Fee

Recently Sold

$276 Per Sq Ft

1 Day on Market

Highlights

  • Lock-and-Leave Community
  • 1-minute walk to Arlington Heights Station
  • Party Room
  • Olive-Mary Stitt Elementary School Rated A-
  • Marble Flooring
  • 3-minute walk to Harmony Park

About This Home

As of October 2024

Penthouse living in Towne Place condos in Arlington Heights. This 2 bedroom / 2 Bathroom is just steps to all the action that downtown Arlington Heights offers. The 8 ft ceilings, large windows, and sliding door, allowwonderful natural light. The condo faces South and West, adding to the charm and beauty of the living space and incredible sunsets in the evenings overlooking downtown from your large balcony off the living room. Built-in custom bar with beverage fridge and wine storage make it easy for entertaining. New wood flooring in the family and dining rooms, as well as the hallway. Recessed lighting throughout the unit. The kitchen and laundry area have beautiful marble flooring, while the stainless steel appliances, soft close cabinetry and vented range hood are perfect for the chef. Enjoy the breakfast bar for morning coffee or homework. Master bedroom with jacuzzi tub, separate shower and plenty of storage in the walk in closets. 2nd bedroom with great closet space and light. Updated hall bath and spacious laundry room with additional storage. 2021 A/C system and new washer and dryer units. With both radiant and central heating, as well as an electric fireplace in the living room, you can stay cozy all year round. Elevator building with indoor heated garage parking and extra storage closet in front of spot for convenience. Easy street parking for guests in the area Arlington Metra station is across the street and all the boutiques , restaurants and entertainment this incredible town has to offer are just steps away. Walk to the Jewel Osco when you exit the Metra. The building offers a common patio and rec room on the 2nd floor, a great way to meet other residents. Gas and water included in the assessment. Garage space #6. ALL owner occupied units and no pets please. Hersey HS and 10/10 on the walk score!

Last Agent to Sell the Property

Kimberly Broznowski Powers

@properties Christie's International Real Estate License #475136960 Listed on: 09/22/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Eugene Fu

@properties Christie's International Real Estate License #475133483

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,500

Year Built

  • Built in 1995

HOA Fees

  • $481 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,850 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage
  • Intercom

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

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

Additional Features

  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 56 Units
  • Linda D. Association, Phone Number (847) 634-4772
  • Towne Place Subdivision
  • Property managed by MK Management
  • Lock-and-Leave Community
  • 8-Story Property

Amenities

  • Sundeck
  • Party Room
  • Elevator
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,500

Year Built

Built in 1995

Lot Details

0

HOA Fees

$481 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 8
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Towne Place
  • 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 Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Interior Amenities: Storage, Built-in Features, Walk-In Closet(s)
  • LivingArea: 1850
  • Other Equipment: Intercom, Fire Sprinklers, CO Detectors, Ceiling Fan(s)
  • Room Type: Foyer
  • Stories Total: 8
  • Window Features: Screens, Drapes
  • Estimated Total Finished Sq Ft: 0
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • List Price: 510000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Radiant
  • Laundry Features: Washer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 481
  • Association Amenities: Elevator(s), Storage, Party Room, Sundeck, Security Door Lock(s), Ceiling Fan, Public Bus, School Bus
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: MK Management
  • Management Contact Name: Linda D.
  • Management Phone: 847-634-4772

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

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

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

Tax Info

  • Tax Annual Amount: 7500
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2024
Closed on
Oct 31, 2024
Sold by
Parlato Michael and Parlato Robert
Bought by
Martin Tanner R and Martin Aura L
Seller's Agent
Kimberly Broznowski Powers
@properties Christie's International Real Estate
Buyer's Agent
Eugene Fu
@properties Christie's International Real Estate
List Price
$510,000
Sold Price
$510,000
Views
11
Current Estimated Value
$528,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,656
Avg. Annual Appreciation
5.04%
Original Mortgage
$408,000
Outstanding Balance
$405,829
Interest Rate
5.7%
Mortgage Type
VA
Estimated Equity
$122,827

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 22, 2023
Sold by
Bilandzic Miro and Bilandzic Karmen
Bought by
Parlato Michael and Parlato Robert
Seller's Agent
Michael Graff
Compass
Buyer's Agent
Maria DelBoccio
@properties Christie's International Real Estate
List Price
$449,900
Sold Price
$460,000
Premium/Discount to List
$10,100
2.24%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%

Purchase Details

Listed on
Nov 2, 2017
Closed on
Feb 23, 2018
Sold by
Krischke Brad K and Krischke Kathryn L
Bought by
Karmen Bilandzie Miro and Karmen Bilandzie
Seller's Agent
Patricia Hupperich
RE/MAX Suburban
Buyer's Agent
Suzanne Luby
@properties Christie's International Real Estate
List Price
$354,900
Sold Price
$355,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%

Purchase Details

Listed on
Feb 7, 2016
Closed on
Apr 26, 2016
Sold by
Kaiser Ray R and Poucher Rebecca L
Bought by
Krischke Family Trust
Seller's Agent
Valerie DeMarco
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Patricia Hupperich
RE/MAX Suburban
List Price
$340,000
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%

Purchase Details

Closed on
Aug 12, 2010
Sold by
Beisler Ruth I and Ruth I Beisler Revocable Trust
Bought by
Kaiser Ray R and Poucher Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 1996
Sold by
Parkway Bank & Trust Company
Bought by
Beisler Ruth I and Ruth I Beisler Revocable Trust
Source: Public Records

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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
Warranty Deed $510,000 None Listed On Document
Warranty Deed $460,000 First American Title
Deed $355,000 American National Title Serv
Warranty Deed $340,000 None Available
Deed $271,500 Chicago Title Insurance Co
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,000 VA
Previous Owner $135,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $510,000 0.0% $276 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $510,000 0.0% $276 / Sq Ft
09/22/2024 09/22/24 Price Changed $510,000 +10.9% $276 / Sq Ft
08/22/2023 08/22/23 Sold $460,000 +2.2% $249 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $449,900 +26.7% $243 / Sq Ft
02/23/2018 02/23/18 Sold $355,000 +1.4% $192 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
11/29/2017 11/29/17 Price Changed $350,000 -1.4% $189 / Sq Ft
11/02/2017 11/02/17 For Sale $354,900 +4.4% $192 / Sq Ft
04/26/2016 04/26/16 Sold $340,000 0.0% $184 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
02/07/2016 02/07/16 For Sale $340,000 -- $184 / 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 $7,583 $33,668 $693 $32,975
2023 $7,253 $33,668 $693 $32,975
2022 $7,253 $33,668 $693 $32,975
2021 $7,171 $29,818 $129 $29,689
2020 $7,106 $29,818 $129 $29,689
2019 $7,063 $33,074 $129 $32,945
2018 $6,345 $27,925 $115 $27,810
2017 $8,053 $27,925 $115 $27,810
2016 $6,359 $27,925 $115 $27,810
2015 $5,893 $24,454 $317 $24,137
2014 $5,747 $24,454 $317 $24,137
2013 $6,099 $24,454 $317 $24,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12169518

Midwest Real Estate Data (MRED)

APN: 03-29-325-013-1059