NOT LISTED FOR SALE

1027 N Gibbons Ave Arlington Heights, IL 60004

Estimated Value: $517,000 - $561,053

4 Beds
2 Baths
1,701 Sq Ft
$320/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $380,000 $223 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,832/month

10 Days on Market

About This Home

As of October 2021

Impeccably maintained 4 bedroom tri-level home with large Family Room addition! This home has been the pride of the owners for the last 30 years! New roof in 2020, Furnace, A/C, Water heater all within the last 6 years! Newer windows throughout the house as well! Fantastic location! Walk to highly rated schools, several parks, shopping and less than 2 miles to the train station! Large fenced backyard with brick paver patio to entertain. Oversized 2 car detached garage. Come see this move in ready home today!!!

Last Agent to Sell the Property

Teresa Vassos

RE/MAX Suburban License #475190114 Listed on: 08/29/2021

RE/MAX Suburban

Co-Listed By

David Pirtle

RE/MAX Suburban License #475192637

Last Buyer's Agent

Randall Brush

Coldwell Banker Realty License #475126619

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,772

Year Built

  • 1958

Lot Details

  • 9,148

Parking

  • Detached Garage
  • Parking Space is Owned

Home Design

  • Split Level Home

Finished Basement

  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,772

Year Built

1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: Split Level
  • Property Sub Type: Split Level
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Mediter./Spanish, Prairie, Ranch, Contemporary
  • Co List Office Mls Id: MRD8098
  • Co List Office Phone: (847) 577-9797
  • Directions: Rand Rd. to Oakton, north to Gibbons
  • Lot Size: 66X132
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1958

Interior Features

  • Appliances: Microwave, Range, Dishwasher, Refrigerator
  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Other Equipment: Ceiling Fan(s)
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Vinyl Siding,Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 214
  • Middle Or Junior School: South Middle School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 8018
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2021
Closed on
Oct 12, 2021
Sold by
Quezada Oscar E and Quezada Wendy A
Bought by
Ortega Enedelia and Ortega Juan G
Seller's Agent
Teresa Vassos
RE/MAX Suburban
Buyer's Agent
Randall Brush
Coldwell Banker Realty
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%
Current Estimated Value
$544,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,513
Avg. Annual Appreciation
9.31%
Original Mortgage
$361,000
Outstanding Balance
$331,799
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$212,714

Purchase Details

Closed on
Dec 15, 1999
Sold by
Quezada Oscar E
Bought by
Quezada Oscar E and Quezada Wendy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
7.84%

Purchase Details

Closed on
Dec 6, 1999
Sold by
Quezada Oscar E and Quezada Wendy A
Bought by
Quezada Oscar E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
7.84%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Ortega Enedelia $380,000 Chicago Title Insurance Co
Quezada Oscar E -- --
Quezada Oscar E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Enedelia $361,000
Previous Owner Quezada Oscar E $187,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $380,000 -4.8% $223 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
08/29/2021 08/29/21 For Sale $399,000 -- $235 / 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 $11,772 $43,000 $9,542 $33,458
2023 $11,337 $43,000 $9,542 $33,458
2022 $11,337 $43,000 $9,542 $33,458
2021 $8,169 $30,469 $5,486 $24,983
2020 $8,025 $30,469 $5,486 $24,983
2019 $8,018 $33,968 $5,486 $28,482
2018 $9,464 $35,868 $4,771 $31,097
2017 $9,371 $35,868 $4,771 $31,097
2016 $8,976 $35,868 $4,771 $31,097
2015 $8,545 $31,563 $4,055 $27,508
2014 $8,311 $31,563 $4,055 $27,508
2013 $8,085 $31,563 $4,055 $27,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11203503

Midwest Real Estate Data (MRED)

APN: 03-28-108-003-0000