NOT LISTED FOR SALE

Estimated Value: $166,000 - $181,088

1 Bed
1 Bath
750 Sq Ft
$384/mo HOA Fee

Last Sold March 20, 2024

Last sale price $160,000 $213 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,485/month

2 Days on Market

Highlights

  • Wooded Lot
  • 3-minute walk to Arlington Heights Station
  • Combination Dining and Living Room
  • Westgate Elementary School Rated 9+
  • Wood Flooring
  • Baseboard Heating

About This Home

As of March 2024

Discover the perfect blend of convenience and affordability with our exceptional condo opportunity just steps away from the vibrant heart of downtown Arlington Heights. This charming 1 bedroom, 1 bathroom condo is strategically located just steps away from downtown Arlington Heights, offering a perfect blend of urban convenience and suburban tranquility. Currently rented through the end of May, this property promises immediate cash flow for savvy investors. The unit boasts a full kitchen that opens to the main living area and offers tons of storage for a 1 bedroom unit. A large outdoor patio sits beyond the kitchen overlooking the lush gorgeously landscaped courtyard. With its proximity to shops, restaurants, and public transportation. Unlock the door to your ideal urban lifestyle-seize this rare chance to live steps from downtown Arlington Heights without compromising on your budget. Schedule your showing today and prepare to enjoy your new lifestyle in the heart of this thriving community!

Last Agent to Sell the Property

Justin Greenberg

Jameson Sotheby's International Realty License #471017520 Listed on: 02/23/2024

Jameson Sotheby's International Realty

Last Buyer's Agent

Kyle Payne

@properties Christie's International Real Estate License #475162089

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,492

Year Built

  • Built in 1977

Lot Details

  • Wooded Lot

HOA Fees

  • $384 Monthly HOA Fees

Home Design

  • Garden Home
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Westgate Elementary School
  • South Middle School
  • Rolling Meadows High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Alicia Smith Association, Phone Number (847) 777-7066
  • Low-Rise Condominium
  • Property managed by First Service Residential

Amenities

  • Common Area
  • Coin Laundry

Pet Policy

  • Pets up to 20 lbs
  • Pet Deposit Required
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,492

Year Built

Built in 1977

Lot Details

0

HOA Fees

$384 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Garden Unit,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Garden Unit,Low Rise (1-3 Stories)
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 750
  • Other Equipment: TV-Cable, CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 139900
  • Lot Features: Common Grounds, Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Masonite

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Unassigned
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Electric, Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK
  • Association Fee: 384
  • Association Amenities: Coin Laundry
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Alicia Smith
  • Management Phone: 847-777-7066
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Westgate Elementary School
  • High School: Rolling Meadows High School
  • Middle/Junior School: South Middle School
  • Middle/Junior School District: 25

Lot Info

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

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 20

Tax Info

  • Tax Annual Amount: 1492.48
  • Tax Year: 2022

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Mar 8, 2024
Sold by
Anderson Jeremy J
Bought by
Shore Jason and Shore Julie Ann
Seller's Agent
Justin Greenberg
Jameson Sotheby's International Realty
Buyer's Agent
Kyle Payne
@properties Christie's International Real Estate
List Price
$139,900
Sold Price
$160,000
Premium/Discount to List
$20,100
14.37%
Views
74
Current Estimated Value
$175,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,022
Avg. Annual Appreciation
6.98%
Original Mortgage
$112,000
Outstanding Balance
$110,783
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$64,239

Purchase Details

Closed on
Sep 15, 2007
Sold by
Faley Timothy P and Faley Jennifer L
Bought by
Anderson Jeremy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2004
Sold by
Stergios Peter
Bought by
Faley Timothy P and Faley Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,750
Interest Rate
5.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 18, 2001
Sold by
Shin Donggu
Bought by
Stergios Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.97%

Purchase Details

Closed on
Jul 12, 2000
Sold by
Durante Tony L
Bought by
Shin Donggu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,400
Interest Rate
7.96%

Purchase Details

Closed on
Apr 25, 1997
Sold by
Jacobs Norman A and Jacobs Audrey M
Bought by
Durante Tony I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,250
Interest Rate
8.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Shore Jason $160,000 None Listed On Document
Anderson Jeremy J $125,000 Lawyers Title Insurance Corp
Faley Timothy P $113,000 Multiple
Stergios Peter $95,000 --
Shin Donggu -- Professional National Title
Durante Tony I $61,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shore Jason $112,000
Previous Owner Anderson Jeremy J $107,500
Previous Owner Anderson Jeremy J $112,500
Previous Owner Faley Timothy P $101,750
Previous Owner Stergios Peter $65,000
Previous Owner Shin Donggu $56,400
Previous Owner Durante Tony I $59,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $160,000 +14.4% $213 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $139,900 -- $187 / 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 $1,578 $9,082 $1,152 $7,930
2023 $1,492 $9,082 $1,152 $7,930
2022 $1,492 $9,082 $1,152 $7,930
2021 $1,515 $8,363 $143 $8,220
2020 $1,543 $8,363 $143 $8,220
2019 $1,540 $9,294 $143 $9,151
2018 $1,063 $7,079 $115 $6,964
2017 $1,068 $7,079 $115 $6,964
2016 $1,232 $7,079 $115 $6,964
2015 $914 $5,720 $547 $5,173
2014 $903 $5,720 $547 $5,173
2013 $864 $5,720 $547 $5,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11988506

Midwest Real Estate Data (MRED)

APN: 03-30-414-017-1073