$122,500
SOLD AUG 5, 2022
1 Bed
1 Bath
850 Sq Ft
$282/mo HOA Fee

Recently Sold

$144 Per Sq Ft

Highlights

  • Den
  • Living Room
  • Dogs and Cats Allowed
  • Rolling Meadows High School Rated A+
  • Baseboard Heating

About This Home

As of August 2022

Why own when you can rent! 1 Bedroom, 1 bathroom sun drenched condo located in the heart of Arlington Heights. Great location with shopping, restaurants, and parks within minutes. Don't pass up on this opportunity. INVESTORS WELCOME, RENTALS ALLOWED!

Last Agent to Sell the Property

Param Patel

Realty of America, LLC License #475181717 Listed on: 06/14/2022

Realty of America, LLC

Last Buyer's Agent

Param Patel

Realty of America, LLC License #475181717 Listed on: 06/14/2022

Realty of America, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 1979

HOA Fees

  • $282 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Den

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Radiant Heating System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Scott Walczak Association, Phone Number (847) 985-6464
  • Property managed by American Property Management

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,573

Year Built

Built in 1979

Lot Details

0

HOA Fees

$282 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1979
  • Age: 41-50 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 850
  • Room Type: Den
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 122500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Baseboard, Radiant
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 282
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: American Property Management
  • Management Contact Name: Scott Walczak
  • Management Phone: 847-985-6464
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 59

Lot Info

  • Lot Dimensions: CONDO
  • 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: 1573.26
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jul 9, 2022
Sold by
Chrisman Michael
Bought by
Pere Elizabeth and Perez Magdalena
Seller's Agent
Param Patel
Realty of America, LLC
Buyer's Agent
Param Patel
Realty of America, LLC
List Price
$122,500
Sold Price
$122,500
Current Estimated Value
$163,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,574
Avg. Annual Appreciation
10.05%
Original Mortgage
$116,375
Outstanding Balance
$112,324
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$48,934

Purchase Details

Listed on
May 11, 2012
Closed on
Jun 18, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Chrisman Michael
Seller's Agent
Corey Scott
MNK Realty Professionals LLC
Buyer's Agent
Richard Shadid
List Price
$65,500
Sold Price
$61,000
Premium/Discount to List
-$4,500
-6.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$54,900
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2012
Sold by
Stoklosa Krzysztof and Bac Home Loans Servicing Lp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 1, 2005
Sold by
Neuschaefer Jeffrey F
Bought by
Stoklosa Krzysztof

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 1996
Sold by
Farley Michelle L and Harris Michelle L
Bought by
Neuschaefer Jeffrey F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
7.25%

Purchase Details

Closed on
May 11, 1995
Sold by
Lasalle National Trust Na
Bought by
Farley Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
8.5%
Source: Public Records

Similar Homes in the area

  • 1087 Miller Ln Unit 205, Buffalo Grove, IL 60089

    $110,000

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • 1087 Miller Ln
    • Unit 205
    • Buffalo Grove, IL

    HANDYMAN FIXER UPPER SPECIAL. ESTATE SALE. 1 BEDROOM CONDO WITH BALCONY IN GREAT LOCATION BUFFALO GROVE MILL CREEK SUB DIVISION. THE UNIT CAN BE RENTED BUT MUST BE OWNER OCCUPIED FOR AT LEAST 12 MONTHS AND THERE IS A RENTAL CAP WHICH REACH THE LIMIT AT THIS TIME. PLEASE NOTE THAT IT DOES NOT MEAN THAT THE OWNER CAN RENT THE UNIT AFTER 12 MONTHS. IF THE RENTAL SLOT OPENS THE ASSOCIATION SENDS

    Agata Pawlowska Chicagoland Brokers Inc.

    Section Image
  • 6 Villa Verde Dr Unit 102, Buffalo Grove, IL 60089

    $150,000

    • Studio
    • 1 Bath
    • 650 Sq Ft
    • 6 Villa Verde Dr
    • Unit 102
    • Buffalo Grove, IL

    Total rehabbed junior 1-bedoom studio condo located in highly desirable Villa Verde! Brand NEW kitchen with quartz countertops, NEW stainless steel appliances, and white shaker cabinets! NEW Recessed lighting and luxury vinyl plank flooring throughout! NEW bathroom with updated lighting and quartz vanity! Sectioned off separate sleeping area! Storage located on same floor and laundry room located

    Winfield Cohen Keller Williams Success Realty

    Section Image
  • 879 Trace Dr Unit 106, Buffalo Grove, IL 60089

    $120,000

    • 1 Bed
    • 1 Bath
    • 879 Trace Dr
    • Unit 106
    • Buffalo Grove, IL

    Charming one bed, one bath condo in quiet residential pool community/complex. Just painted, new flooring! Don't miss this opportunity to become the owner/occupant or investor. Foyer with large coat closet welcomes you. Efficient galley kitchen, living room and dining room. Enjoy the outdoors on your private patio, right off the living room via sliding glass doors. Large bedroom with walk in

    Hugo Rodriguez RE/MAX 10 Lincoln Park

    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 Type Sale Price Title Company
Warranty Deed $122,500 None Listed On Document
Special Warranty Deed $61,000 Atgf Inc
Legal Action Court Order -- None Available
Warranty Deed $138,000 Atgf Inc
Warranty Deed $40,500 Advanced Title Services Inc
Trustee Deed $79,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $116,375 New Conventional
Previous Owner $54,900 New Conventional
Previous Owner $124,200 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $76,000 Unknown
Previous Owner $64,800 No Value Available
Previous Owner $63,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $122,500 0.0% $144 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $122,500 +100.8% $144 / Sq Ft
07/18/2012 07/18/12 Sold $61,000 -6.9% --
06/05/2012 06/05/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $65,500 -- --
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 $2,785 $10,768 $1,755 $9,013
2023 $1,813 $10,768 $1,755 $9,013
2022 $1,813 $10,768 $1,755 $9,013
2021 $1,555 $8,833 $1,151 $7,682
2020 $1,573 $8,833 $1,151 $7,682
2019 $1,609 $9,900 $1,151 $8,749
2018 $772 $6,195 $987 $5,208
2017 $1,708 $6,195 $987 $5,208
2016 $1,598 $6,195 $987 $5,208
2015 $1,390 $5,011 $877 $4,134
2014 $1,372 $5,011 $877 $4,134
2013 $1,339 $5,011 $877 $4,134
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11434633

Midwest Real Estate Data (MRED)

APN: 08-15-301-005-1220