Seller's Agent in 2021
David Schwabe
Compass
(847) 636-6747
10 in this area
430 Total Sales
225 E Wing St Unit 404 Arlington Heights, IL 60004
Arlington Heights Central Business District NeighborhoodEstimated Value: $282,000 - $310,000
2
Beds
2
Baths
1,141
Sq Ft
$426/mo
HOA Fee
Highlights
- Attached Garage
- Combination Dining and Living Room
- 1-minute walk to Voltz Park
- Windsor Elementary School Rated A-
- Senior Tax Exemptions
About This Home
As of November 2021Amazing location near all the amenities of Downtown Arlington Heights including Metra, dining, entertainment, and shopping, plus Pioneer Park & pool. This 2 bedroom, 1.1 bath corner unit is waiting for you to call home. The spacious living/dining room combo is a great space for entertaining and features a sliding door to the balcony. Enjoy daily meal prep in the eat-in kitchen with pantry. The master suite offers 2 closets & a 1/2 bath. The second bedroom could also serve as a home office. 1 underground heated parking space with storage closet. District 25 Windsor/South and Prospect HS.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,143
Year Built
- 1987
Lot Details
- 0.4
HOA Fees
- $426 per month
Parking
- Attached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,141 Sq Ft Home
- Combination Dining and Living Room
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Community Details
Overview
- 20 Units
- Tom Association, Phone Number (847) 894-1200
- Property managed by Tom Dase Mgmt
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2021
Closed on
Nov 2, 2021
Sold by
Stoltz Karin and Franziska Schweda Trust
Bought by
Hinchey Francis N
Seller's Agent
David Schwabe
Compass
Buyer's Agent
Jackie Lynch
RE/MAX Suburban
List Price
$224,900
Sold Price
$197,000
Premium/Discount to List
-$27,900
-12.41%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,995
Avg. Annual Appreciation
11.08%
Original Mortgage
$187,150
Outstanding Balance
$173,809
Interest Rate
3.24%
Mortgage Type
New Conventional
Estimated Equity
$121,423
Purchase Details
Closed on
Mar 24, 2009
Sold by
Schweda Franziska
Bought by
Schweda Franziska and Franziska Schweda Trust
Purchase Details
Closed on
Aug 23, 2002
Sold by
Parkway Bank & Trust Company
Bought by
Schweda Franziska
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hinchey Francis N | $197,000 | Ata | |
| Schweda Franziska | -- | None Available | |
| Schweda Franziska | $197,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hinchey Francis N | $187,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2021 11/08/21 | Sold | $197,000 | -12.4% | $173 / Sq Ft |
| 10/08/2021 10/08/21 | Pending | -- | -- | -- |
| 08/04/2021 08/04/21 | For Sale | $224,900 | -- | $197 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,143 | $22,442 | $1,100 | $21,342 |
| 2023 | $5,917 | $22,442 | $1,100 | $21,342 |
| 2022 | $5,917 | $22,442 | $1,100 | $21,342 |
| 2021 | $1,662 | $15,277 | $664 | $14,613 |
| 2020 | $1,508 | $15,277 | $664 | $14,613 |
| 2019 | $1,493 | $16,946 | $664 | $16,282 |
| 2018 | $2,362 | $14,964 | $572 | $14,392 |
| 2017 | $1,614 | $14,964 | $572 | $14,392 |
| 2016 | $2,166 | $14,964 | $572 | $14,392 |
| 2015 | $2,498 | $13,791 | $504 | $13,287 |
| 2014 | $2,375 | $13,791 | $504 | $13,287 |
| 2013 | $2,370 | $13,791 | $504 | $13,287 |
Source: Public Records
Agents Affiliated with this Home
-
David Schwabe
-
Brian Emmerich
Seller Co-Listing Agent in 2021
Brian Emmerich
Compass
(847) 409-1366
1 in this area
5 Total Sales
-
Jackie Lynch
Buyer's Agent in 2021
Jackie Lynch
RE/MAX Suburban
(847) 710-5898
5 in this area
166 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11163829
APN: 03-29-344-014-1014
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