NOT LISTED FOR SALE

4025 N Newport Ln Unit 24 Arlington Heights, IL 60004

Estimated Value: $321,000 - $335,000

2 Beds
2 Baths
1,600 Sq Ft
$298/mo HOA Fee

Last Sold February 18, 2021

Last sale price $228,500 $143 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,596/month

11 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Backs to Open Ground
  • Buffalo Grove High School Rated A+
  • Vaulted Ceiling
  • Loft

About This Home

As of February 2021

Pride of ownership will not disappoint. Beautiful, meticulously maintained, bright and cherry open floor plan offers 2story 2Bd/+Loft 1.1Bth 1600 sq. ft townhome in Newport Village. Sunlit rooms with a soft monochromatic palette and clean lines throughout. Modern kitchen offers open kitchen w/eating area overlooking views of nature area. The living/dining combo features cathedral ceilings, multiple exposures with new wood laminate flooring throughout. Beautiful master bedroom w/vaulted ceiling, walk in closet, freshly painted. Master bathroom complete with separate shower, soaker tub, double vanity. Enjoy extra space in the loft area great for a home office or 3rd bedroom. Enjoy lounging on an open private deck with beautiful views backing to open nature area. Walking distance to park and golf course. Updated features 1 year include; Roof, A/C, H20, mahogany wood lam flooring, ss appliances. Please note: Property Taxes do not reflect homeowners exemptions. Reduction will become effective with new homeowner. NEW property tax amount approx $5,500 per year.

Last Agent to Sell the Property

Lynda Benner

Fathom Realty IL, LLC License #475132819 Listed on: 12/30/2020

Last Buyer's Agent

Karen Danenberg Group

Keller Williams Thrive License #475125211

Keller Williams Thrive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,763

Year Built

  • 1987

Lot Details

  • Backs to Open Ground
  • East or West Exposure
  • Landscaped Professionally

HOA Fees

  • $298 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Blinds
  • Formal Dining Room
  • Loft

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,763

Year Built

1987

Lot Details

0

HOA Fees

$298 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1987
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Wood Laminate Floors, 1st Floor Laundry, Walk-In Closet(s), Some Carpeting, Drapes/Blinds, Separate Dining Room
  • Number Of Rooms: 6
  • Living Room: Dimensions: 17X17, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Gas Oven
  • Equipment: TV-Cable, CO Detectors, Ceiling Fan
  • Bedrooms All Levels: 2
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 7X17, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Kitchen Type: Dimensions: 17X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Loft, Dimensions: 16X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1600
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 100
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 298
  • Management Contact Name: Debbie
  • Management Phone: 847-490-3833

Fee Information

  • Management Company: Associa Chicagoland

Schools

  • School District: 214
  • Elementary School: Edgar A Poe Elementary School
  • Middle School: Cooper Middle School
  • High School: Buffalo Grove High School
  • Junior High Dist: 21

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Landscaped Professionally, Backs to Open Grnd
  • Parcel Identification Number: 03061150031062

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 2

Tax Info

  • Taxes: 6727.90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Feb 6, 2021
Sold by
Corrigan Catherine C and Corrigan Catherine C
Bought by
Zelman Blake E
Seller's Agent
Lynda Benner
Fathom Realty IL, LLC
Buyer's Agent
Karen Danenberg Group
Keller Williams Thrive
List Price
$233,900
Sold Price
$228,500
Premium/Discount to List
-$5,400
-2.31%
Total Days on Market
11
Current Estimated Value
$326,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,221
Avg. Annual Appreciation
8.72%
Original Mortgage
$205,650
Outstanding Balance
$187,806
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$138,946

Purchase Details

Closed on
May 7, 2016
Sold by
Corrigan Catherine C
Bought by
Corrigan Catherine C and Catherine C Corrigan Revocable Declarati

Purchase Details

Closed on
Jan 30, 2004
Sold by
Nath Rajnish and Nath Roopa
Bought by
Dahl John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 5, 1997
Sold by
Thiel Robert G and Thiel Correne J
Bought by
Nath Rajnish and Nath Roopa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,760
Interest Rate
7.42%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Zelman Blake E $228,500 Chicago Title
Corrigan Catherine C -- None Available
Dahl John $232,500 First American Title Insuran
Nath Rajnish $98,666 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zelman Blake E $205,650
Previous Owner Corrigan Catherine C $17,000
Previous Owner Corrigan Catherine C $144,000
Previous Owner Corrigan Catherine C $132,400
Previous Owner Dahl John $185,600
Previous Owner Nath Rajnish $99,951
Previous Owner Nath Rajnish $140,760
Closed Dahl John $34,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2021 02/18/21 Sold $228,500 -2.3% $143 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $233,900 +41.3% $146 / Sq Ft
08/15/2012 08/15/12 Sold $165,500 -1.8% --
06/27/2012 06/27/12 Pending -- -- --
06/20/2012 06/20/12 For Sale $168,500 -- --
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 $6,763 $22,644 $3,673 $18,971
2023 $6,763 $22,644 $3,673 $18,971
2022 $6,763 $22,644 $3,673 $18,971
2021 $5,730 $19,893 $510 $19,383
2020 $5,654 $19,893 $510 $19,383
2019 $6,728 $22,081 $510 $21,571
2018 $6,610 $19,436 $408 $19,028
2017 $6,488 $19,436 $408 $19,028
2016 $6,068 $19,436 $408 $19,028
2015 $5,779 $17,030 $1,734 $15,296
2014 $5,695 $17,030 $1,734 $15,296
2013 $5,295 $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: MRD10960382

Midwest Real Estate Data (MRED)

APN: 03-06-115-003-1062