NOT LISTED FOR SALE

4018 N Newport Ln Unit 135 Arlington Heights, IL 60004

Estimated Value: $311,000 - $359,000

2 Beds
1.5 Baths
-- Sq Ft
$316/mo HOA Fee

Last Sold October 06, 2023

Last sale price $311,000

Est. 6% increase in value since last sale

Current estimated payment $2,647/month

10 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Formal Dining Room
  • Buffalo Grove High School Rated A+
  • Loft
  • 1 Car Attached Garage

About This Home

As of October 2023

Welcome to Newport Village! Tucked away in Arlington Heights, in this highly sought after neighborhood. Home highlights include new stone countertops and paint throughout, newer appliances including refrigerator (2023), washer (2022) and furnace (2019). Upstairs loft can be used as an office, playroom, library, or even add drywall to make it a 3rd bedroom! Floor to ceiling brick fireplace in living room and the large backyard deck overlooking the park-like setting is perfect for entertaining. Conveniently located near RT. 53, forest preserve, parks, schools, shopping, restaurants, and Nickol Knoll Golf Club-this townhouse is an exceptional find that won't last long!

Last Listed By

Carl Lee

Redfin Corporation License #475181919 Listed on: 09/08/2023

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,730

Year Built

  • Built in 1987

Lot Details

  • 10

HOA Fees

  • $316 Monthly HOA Fees

Parking

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

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck

Schools

  • Edgar A Poe Elementary School
  • Cooper Middle School
  • Buffalo Grove High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, snow removal
  • 6 Units
  • Association Phone (847) 490-9807
  • Newport Village Subdivision, Danbury Floorplan
  • Property managed by Newport Village Condo Assoc.

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,730

Year Built

Built in 1987

Lot Details

0

HOA Fees

$316 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Newport Village
  • Year Built: 1987
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Wood Laminate Floors, First Floor Laundry, Laundry Hook-Up in Unit
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Loft
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • List Price: 310000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 316
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Newport Village Condo Assoc.
  • Management Contact Name: N/A
  • Management Phone: 847-490-9807
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Edgar A Poe Elementary School
  • High School: Buffalo Grove High School
  • Middle/Junior School: Cooper Middle School
  • Middle/Junior School District: 21

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5729.75
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Sep 29, 2023
Sold by
Beke Nikhil Shriram and Beke Smite
Bought by
Ressler Shawn Robert
Seller's Agent
Carl Lee
Redfin Corporation
Buyer's Agent
Jackie Lynch
RE/MAX Suburban
List Price
$310,000
Sold Price
$311,000
Premium/Discount to List
$1,000
0.32%
Total Days on Market
10
Views
55
Current Estimated Value
$331,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,015
Avg. Annual Appreciation
3.59%
Original Mortgage
$248,800
Outstanding Balance
$245,506
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$84,136

Purchase Details

Listed on
Nov 21, 2016
Closed on
Jan 27, 2017
Sold by
Kurinsky Michael G and Merkle Heidi S
Bought by
Beke Nikhil Shriram and Kelkar Smita
Seller's Agent
Ashley Thompson
Baird & Warner
Buyer's Agent
Melanie Thillens
Coldwell Banker Realty
List Price
$215,000
Sold Price
$206,000
Premium/Discount to List
-$9,000
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$199,820
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 1997
Sold by
Haight Daniel B
Bought by
Kurinsky Michael and Merkle Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
8.05%

Range of Values:

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Average Value
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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
Ressler Shawn Robert $311,000 Chicago Title Company
Beke Nikhil Shriram $206,000 First American Title
Kurinsky Michael $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ressler Shawn Robert $248,800
Previous Owner Beke Nikhil Shriram $199,820
Previous Owner Kurinsky Michael $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $311,000 +0.3% --
09/19/2023 09/19/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $310,000 +50.5% --
01/30/2017 01/30/17 Sold $206,000 -4.2% --
12/01/2016 12/01/16 Pending -- -- --
11/21/2016 11/21/16 For Sale $215,000 -- --
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 $5,741 $22,644 $3,673 $18,971
2023 $5,741 $22,644 $3,673 $18,971
2022 $5,741 $22,644 $3,673 $18,971
2021 $5,730 $19,893 $510 $19,383
2020 $6,698 $19,893 $510 $19,383
2019 $6,728 $22,081 $510 $21,571
2018 $6,610 $19,436 $408 $19,028
2017 $5,362 $19,436 $408 $19,028
2016 $5,288 $19,436 $408 $19,028
2015 $4,889 $17,030 $1,734 $15,296
2014 $4,836 $17,030 $1,734 $15,296
2013 $4,477 $17,030 $1,734 $15,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11878542

Midwest Real Estate Data (MRED)

APN: 03-06-115-003-1088