NOT LISTED FOR SALE

501 Loch Lomond Ln Unit C Prospect Heights, IL 60070

Estimated Value: $324,000 - $358,000

2 Beds
2 Baths
1,584 Sq Ft
$431/mo HOA Fee

Last Sold August 18, 2023

Last sale price $278,000 $176 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,444/month

12 Days on Market

Highlights

  • Den
  • 1 Car Attached Garage
  • Laundry Room
  • Euclid Elementary School Rated A-
  • Resident Manager or Management On Site
  • Accessibility Features

About This Home

As of August 2023

Work from home? This is an ideal solution. A two bedroom plus office/den condo for under $300,000. The Greenwood is the largest of the Arbor Condominiums with over 1500 square feet. A corner unit, with a tranquil view from your private balcony. Living room/dining room combination with fireplace and a separate eat-in kitchen. In unit laundry room with ample storage. The primary bedroom has its own full bath plus two closets, one of which is a full walk-in. Enjoy all the benefits of home ownership without the maintenance. Come and enjoy the Rob Roy lifestyle, two pools, tennis, bocce & pickleball courts, walking paths and a very active clubhouse, with year round activities

Last Agent to Sell the Property

Gale Orr

Baird & Warner License #475079196 Listed on: 06/16/2023

Baird & Warner

Last Buyer's Agent

Colleen Pragalz

Coldwell Banker Real Estate Group License #475191455

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,613

Year Built

  • Built in 1985

Lot Details

  • 85

HOA Fees

  • $431 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Included in Price

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessibility Features
  • Stair Lift

Schools

  • Euclid Elementary School
  • River Trails Middle School
  • John Hersey High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • Mary Ann Sofinski Association, Phone Number (847) 504-8009
  • Rob Roy Country Club Village Subdivision, Greenwood Floorplan
  • Property managed by Braeside

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,613

Year Built

Built in 1985

Lot Details

0

HOA Fees

$431 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Rob Roy Country Club Village
  • Year Built: 1985
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Accessibility Features: Stair Lift
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • LivingArea: 1584
  • Room Type: Den
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Builder

Exterior Features

  • List Price: 288000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 431
  • Association Amenities: On Site Manager/Engineer
  • Association Fee Frequency: Monthly
  • Management: Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Braeside
  • Management Contact Name: Mary Ann Sofinski
  • Management Phone: 847-504-8009
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Euclid Elementary School
  • High School: John Hersey High School
  • Middle/Junior School: River Trails Middle School
  • Middle/Junior School District: 26

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2613
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Jul 14, 2023
Sold by
Revocable Living Trust
Bought by
Jane C Allen Living Trust and Allen
Seller's Agent
Gale Orr
Baird & Warner
Buyer's Agent
Colleen Pragalz
Coldwell Banker Real Estate Group
List Price
$288,000
Sold Price
$278,000
Premium/Discount to List
-$10,000
-3.47%
Total Days on Market
12
Views
148
Current Estimated Value
$342,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,769
Avg. Annual Appreciation
12.41%
Original Mortgage
$269,660
Outstanding Balance
$264,700
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$78,069

Purchase Details

Closed on
Mar 27, 2019
Sold by
The Jeanne A Brown Revocable Declaration
Bought by
The Revocable Living Trust Of Jeanne A B

Purchase Details

Closed on
Mar 28, 2006
Sold by
Brown Jeanne A
Bought by
Decla Brown Jeanne A and Decla Jeanne A Brown Revocable
Source: Public Records

Similar Homes in the area

  • 708 Newgate Ln Unit A, Prospect Heights, IL 60070

    $325,000

    • 2 Beds
    • 2 Baths
    • 1,138 Sq Ft
    • 708 Newgate Ln
    • Unit A
    • Prospect Heights, IL

    Bright and Spacious 2-Bedroom, 2-Bath RANCH Coach Home with Private Garage ~ Welcome to this charming 2-bedroom, 2-bath coach home that blends comfort, functionality, and natural light in every room ~ The spacious primary suite features an en suite bathroom with a convenient step-in shower ~ The versatile second bedroom is perfect as a guest room, office, playroom-or whatever suits your needs ~

    Julie Murtaugh Baird & Warner

    Section Image
  • 645 Concord Way Unit 161J6, Prospect Heights, IL 60070

    $350,000

    • 2 Beds
    • 2 Baths
    • 1,680 Sq Ft
    • 645 Concord Way
    • Unit 161J6
    • Prospect Heights, IL

    Stunning, Immaculate, end unit in sought after Rob Roy Country Club Village! This beautifully configured 2 bedroom, 2 bath upper level ranch Waterford model features a neutral color scheme and decor with beige carpeting in pristine condition. You'll love the private entry into the foyer with the attached 1 car garage. High vaulted ceilings throughout the foyer, living room and bedroom suite for

    Susan Oleksy Coldwell Banker Realty

    Section Image
  • 16 E Old Willow Rd Unit 409S, Prospect Heights, IL 60070

    $274,900

    • 3 Beds
    • 2 Baths
    • 1,475 Sq Ft
    • 16 E Old Willow Rd
    • Unit 409S
    • Prospect Heights, IL

    Corner beautiful Complete Rehab unit! This 3-bedroom & 2 bathroom condo has many upgrades! Hardwood floor all through the unit. Laundry in the unit. There are two balconies surrounding the spacious living room. The kitchen features: 42" dark oak cabinets, granite countertops, stainless steel appliances. The huge master suite has two great-sized closets and a full, completely European bath. The

    Bonnie Mosson Coldwell Banker Realty

    Section Image
  • 1949 N Charter Point Dr Unit 37, Arlington Heights, IL 60004

    $340,000

    • 3 Beds
    • 2 Baths
    • 1,650 Sq Ft
    • 1949 N Charter Point Dr
    • Unit 37
    • Arlington Heights, IL

    **LIGHT AND BRIGHT ONE FLOOR LIVING**SECOND FLOOR UNIT WITH VAULTED CEILING AND SKYLIGHTS**OPEN LIVING ROOM OFFERS FIREPLACE AND BAR**FORMAL DINING ROOM**KITCHEN WITH GRANITE COUNTER TOPS*SS APPLIANCES*BREAKFAST BAR AND DINIG AREA**HUGE MASTER BEDROOM W/ 2 CLOSETS**MASTER BATHROOM OFFERS TUB AND SHOWER**DEN/ 3RD BEDROOM W/ VALTED CEILING*ACCESS TO PRIVATE BALCONY OVERLOOKS OPEN AREA*ACCESS DOOR

    Kathy Yoo RE/MAX of Naperville

    Section Image
  • 1074 Creekside Ct Unit 2A, Wheeling, IL 60090

    $270,000

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • 1074 Creekside Ct
    • Unit 2A
    • Wheeling, IL

    Nicely remodeled 2 bedroom, 2 full bath condominium ready for a new owner. Specious size unit with a separate dinning room and a balcony with a view at a pond. Separate laundry room in unit and a garage. Updated kitchen with nice cabinets, stainless steel appliances, an island and quartz countertops is open to the dining room. Microwave and refrigerator just recently changed. Very spacious master

    Malgorzata Dworkiewicz 11 Arrows Realty and Management, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jane C Allen Living Trust $278,000 Saturn Title
The Revocable Living Trust Of Jeanne A B -- Attorney
Decla Brown Jeanne A -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jane C Allen Living Trust $269,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $278,000 -3.5% $176 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $288,000 -- $182 / 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 $2,328 $22,642 $2,039 $20,603
2023 $2,328 $22,642 $2,039 $20,603
2022 $2,328 $22,642 $2,039 $20,603
2021 $2,613 $18,737 $637 $18,100
2020 $2,338 $18,737 $637 $18,100
2019 $2,318 $20,990 $637 $20,353
2018 $3,507 $17,550 $509 $17,041
2017 $2,485 $17,550 $509 $17,041
2016 $3,097 $17,550 $509 $17,041
2015 $3,537 $15,300 $1,019 $14,281
2014 $3,425 $15,300 $1,019 $14,281
2013 $2,827 $15,300 $1,019 $14,281
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11809670

Midwest Real Estate Data (MRED)

APN: 03-26-100-015-1443