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1605 West Orchard Place

1605 West Orchard Place, Arlington Heights, IL 60005
House in Wheeling
Sold Aug 17, 2023
$332,000
Sold Jul 18, 2019
$216,000
$205,010 by Neighborhood Loans
Mortgage Due Aug 01, 2049
Local assessors in Arlington Heights, IL have categorized 1605 West Orchard Place as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 317,802 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. If we look only at the heated or air conditioned part of the building, then 1605 West Orchard Place has a total of 1,500 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1605 West Orchard Place was last sold in Aug 14, 2023 for $332,000. According to our calculations, that's $221.33 per sqft. Prior to that sales transaction, the property was sold for $216,000 in Jul 8, 2019. Current property owners are expected to pay $6,038 in taxes per year. The property on 1605 West Orchard Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $26,321. To break that down further, the land itself was valued at $3,388. While improvements to the property were assessed at a total of $22,933. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 317,802
  • Total Building Area: 1,500
  • Gross Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAINT JAMES CONDO
  • Land Acres: 7.296
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ST JAMES RESUB PART SW4 S31 T42N R1 1E 3P

Ownership

  • Current Owner : CARRERA JOSE P
  • Previous Owner : URMANOV SERGEY
  • Previous Owner 2: URMANOV MARINA
  • Owner Before Previous Owner: BACZEK MARLENE A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803500

Geography

  • District: 38
  • Parcel: 03-31-310-010-1032
  • Block: 310
  • Lot: 1032
  • Meridian: SEC 31 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0679
  • Longitude: -88.0013

    Address

  • Full Address: 1605 W Orchard Pl
  • Address - House Number: 1605
  • Street Direction: W
  • Address - Street Name: Orchard
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Arlington Heights
  • Carrier Code: C061
  • 4-Digit Zip Code: 2476
  • Zip Code: 60005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,038
  • Tax Rate Code Area: 38023

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 334,740
  • High Value: 396,660
  • Low Value: 272,821

    Market Valuation

  • Market Total Value: $263,210
  • Market Land Value: $33,880
  • Market Improvement Value: $229,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,321
  • Assessed Land Value: $3,388
  • Assessed Improvements Value: $22,933

    Sales

  • Current Sale Contract Date: Aug 14, 2023
  • Current Sale Recording Date: Aug 17, 2023
  • Current Sale Transaction ID: 11911184097
  • Current Sale Price: $332,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 29140
  • Previous Sale Recording Date: Jul 18, 2019
  • Previous Sale Contract Date: Jul 08, 2019
  • Previous Sale Amount: $216,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST AMERICAN BANK
  • First Mortgage Transaction Date: Aug 17, 2023
  • First Mortgage Loan Amount: $232,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: NEIGHBORHOOD LOANS
  • Previous Mortgage Transaction Date: Jul 18, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $205,010
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2049

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Frequently Asked Questions

What neighborhood is 1605 West Orchard Place located in?
The 1605 West Orchard Place is a house located in the neighborhood of Wheeling in Arlington Heights, Arlington Heights.
What is the average sales price for listings in 1605 West Orchard Place?
The average sales price for units in 1605 West Orchard Place is $0 currently.

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