Seller's Agent in 2022
David Cihla
Cihla Realty LLC
(580) 579-0396
1 in this area
15 Total Sales
225 E Wing St Unit 405 Arlington Heights, IL 60004
Arlington Heights Central Business District NeighborhoodEstimated Value: $235,000 - $292,000
2
Beds
1.5
Baths
1,000
Sq Ft
$434/mo
HOA Fee
Highlights
- Elevator
- Formal Dining Room
- 1 Car Attached Garage
- Windsor Elementary School Rated A-
- Balcony
- 1-minute walk to Voltz Park
About This Home
As of July 2022The elevator building sits in a quiet, peaceful location surrounded by single-family homes yet two blocks from the heart of downtown Arlington Heights & Metra & steps to Recreation Park. Generous room sizes, laminate floors throughout, with a sliding door to the balcony. Efficient kitchen with table seating. Built-in shelving & cabinetry in 2nd BR. Full-sized stacked W/D in-unit. Monthly assessment includes gas, heat & water. Garage space in heated garage & adjacent storage room (#8). 100% owner-occupied and impeccably maintained from the underground garage to the common areas with sprinkler fire protection to the cared-for grounds. No pets or rentals.
Last Agent to Sell the Property
Cihla Realty LLC License #471018121 Listed on: 06/03/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,599
Year Built
- Built in 1987
Lot Details
- 0.4
HOA Fees
- $434 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,000 Sq Ft Home
- 1-Story Property
- Living Room
- Formal Dining Room
- Laminate Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Accessible Home Design
- Wheelchair Access
- Accessibility Features
- Ramp on the main level
- Wheelchair Ramps
Outdoor Features
- Balcony
Utilities
- Central Air
- Heating System Uses Steam
- Radiant Heating System
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 20 Units
- Tom Dase Association, Phone Number (847) 894-1200
- Property managed by Tom Dase Management LLC
Amenities
- Elevator
- Community Storage Space
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2022
Closed on
Jun 27, 2022
Sold by
Chicago Title Land Trust Company
Bought by
Smith Christopher
Seller's Agent
David Cihla
Cihla Realty LLC
Buyer's Agent
Lucy Boratyn
Landmark Realtors
List Price
$225,000
Sold Price
$191,000
Premium/Discount to List
-$34,000
-15.11%
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
$80,032
Avg. Annual Appreciation
11.50%
Original Mortgage
$143,250
Outstanding Balance
$137,268
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$133,017
Purchase Details
Closed on
Dec 31, 2003
Sold by
Scacco Mary Rose
Bought by
Lasalle Bank Na and Trust #601394-09
Purchase Details
Closed on
May 9, 2003
Sold by
Scacco Mary Rose
Bought by
Lasalle Bank Na and Trust #601394-09
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.78%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 2, 2000
Sold by
Scacco Mary Rose
Bought by
American National Bk & Tr Co Of Chicago and Trust #601394-09
Purchase Details
Closed on
Jul 13, 1998
Sold by
Calderini John J and Will Of Josephine L Calderini
Bought by
Scacco Mary Rose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.15%
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 |
|---|---|---|---|
| Smith Christopher | $191,000 | None Listed On Document | |
| Lasalle Bank Na | -- | -- | |
| Lasalle Bank Na | -- | -- | |
| Scacco Mary Rose | -- | Chicago Title Insurance Comp | |
| American National Bk & Tr Co Of Chicago | -- | -- | |
| Scacco Mary Rose | $127,000 | Mercury Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Christopher | $143,250 | |
| Previous Owner | Scacco Mary Rose | $50,000 | |
| Previous Owner | Scacco Mary Rose | $57,000 | |
| Previous Owner | Lasalle Bank Na | $120,000 | |
| Previous Owner | Scacco Mary Rose | $52,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2022 07/08/22 | Sold | $191,000 | -15.1% | $191 / Sq Ft |
| 06/10/2022 06/10/22 | Pending | -- | -- | -- |
| 06/03/2022 06/03/22 | For Sale | $225,000 | -- | $225 / 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 | $5,953 | $21,747 | $1,066 | $20,681 |
| 2023 | $1,585 | $21,747 | $1,066 | $20,681 |
| 2022 | $1,585 | $21,747 | $1,066 | $20,681 |
| 2021 | $1,762 | $14,803 | $643 | $14,160 |
| 2020 | $1,599 | $14,803 | $643 | $14,160 |
| 2019 | $1,583 | $16,421 | $643 | $15,778 |
| 2018 | $2,227 | $14,501 | $555 | $13,946 |
| 2017 | $806 | $14,501 | $555 | $13,946 |
| 2016 | $1,370 | $14,501 | $555 | $13,946 |
| 2015 | $1,580 | $13,364 | $488 | $12,876 |
| 2014 | $1,502 | $13,364 | $488 | $12,876 |
| 2013 | $1,499 | $13,364 | $488 | $12,876 |
Source: Public Records
Agents Affiliated with this Home
-
David Cihla
-
Lucy Boratyn
Buyer's Agent in 2022
Lucy Boratyn
Landmark Realtors
(847) 612-2701
1 in this area
16 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11423300
APN: 03-29-344-014-1015
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