NOT LISTED FOR SALE

7050 Arbor Ln Unit 201 Northfield, IL 60093

Estimated Value: $222,000 - $291,000

1 Bed
1 Bath
-- Sq Ft
$220/mo HOA Fee

Last Sold October 28, 2022

Last sale price $200,000

Est. 30% increase in value since last sale

Current estimated payment $1,877/month

Highlights

  • Deck
  • Formal Dining Room
  • Living Room
  • Marie Murphy School Rated A
  • 1 Car Attached Garage
  • Resident Manager or Management On Site

About This Home

As of October 2022

Spacious sought after 1 BED 1 BATH in Arbor Lane. This condo is on the 2nd floor of this elevator building and has small patio and underground garage. Bring your ideas to this barely lived in unit and enjoy easy Northfield living! Conveniently located to HWY 94 and New Trier. Walking/bike path, Mariano's and Northfield restaurants are all nearby, and after a nice walk you could reward yourself at the neighborhood Starbucks. Plenty of amenities at Arbor Lane including indoor pool, clubhouse and pond. Underground garage space and sold AS IS

Last Agent to Sell the Property

Karen Stroble

Compass License #475176864 Listed on: 10/26/2022

Compass

Last Buyer's Agent

Elizabeth Schwartz

@properties Christie's International Real Estate License #475160563

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,005

Year Built

  • Built in 1995

Lot Details

  • 12.39

HOA Fees

  • $220 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Living Room
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Avoca West Elementary School
  • New Trier Twp High School Northfield/Wi

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 175 Units
  • Debbie Association, Phone Number (847) 359-8980
  • Meadowlake Subdivision
  • Property managed by Seymour Mgmt

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,005

Year Built

Built in 1995

Lot Details

12.39 Acres

HOA Fees

$220 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: Meadowlake
  • Year Built: 1995
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: No additional rooms
  • Stories Total: 3
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate

Exterior Features

  • ExteriorFeatures: Deck
  • Waterfront: No
  • Exterior Building Type: 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: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 220
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Seymour Mgmt
  • Management Contact Name: Debbie
  • Management Phone: 847-359-8980
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Avoca West Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3005
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Oct 24, 2022
Sold by
750 Arbor Lane Land Trust
Bought by
Testa Peter and Testa Vivian Paganis
Seller's Agent
Karen Stroble
Compass
Buyer's Agent
Elizabeth Schwartz
@properties Christie's International Real Estate
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%
Views
3
Current Estimated Value
$260,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,389
Avg. Annual Appreciation
8.32%

Purchase Details

Closed on
Nov 8, 2010
Sold by
Cheng Johnson W B and Chan Julie S M
Bought by
Cheng Johnson W B and Chan Julie S M

Purchase Details

Closed on
Aug 26, 1994
Sold by
First Colonial Trust Company
Bought by
Cheng Johnson W B and Chan Julie S M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
7.62%
Source: Public Records
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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
Testa Peter $200,000 Proper Title
Testa Peter $200,000 Proper Title
Cheng Johnson W B -- None Available
Cheng Johnson W B -- None Available
Cheng Johnson W B $119,000 --
Cheng Johnson W B $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheng Johnson W B $111,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $200,000 -2.4% --
10/26/2022 10/26/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $205,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $3,786 $20,767 $2,417 $18,350
2024 $3,786 $16,136 $2,417 $13,719
2023 $2,860 $16,872 $2,417 $14,455
2022 $2,860 $16,872 $2,417 $14,455
2021 $3,033 $15,606 $1,737 $13,869
2020 $3,005 $15,606 $1,737 $13,869
2019 $2,941 $17,187 $1,737 $15,450
2018 $2,386 $14,090 $1,435 $12,655
2017 $2,328 $14,090 $1,435 $12,655
2016 $2,364 $14,090 $1,435 $12,655
2015 $2,250 $12,614 $1,170 $11,444
2014 $2,211 $12,614 $1,170 $11,444
2013 $2,097 $12,614 $1,170 $11,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11661068

Midwest Real Estate Data (MRED)

APN: 05-30-100-045-1143

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