NOT LISTED FOR SALE

1040 N Forrest Ave Arlington Heights, IL 60004

Estimated Value: $683,000 - $773,586

3 Beds
3 Baths
2,782 Sq Ft
$260/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $520,000 $187 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,956/month

2 Days on Market

Highlights

  • Living Room with Fireplace
  • Attached Garage
  • Garage ceiling height seven feet or more
  • Olive-Mary Stitt Elementary School Rated A-
  • Soaking Tub
  • 1-Story Property

About This Home

As of December 2021

Freshly updated! New Vinyl Plank Flooring, fresh paint and spruced up just in time for the holiday First time ever on market in a highly sought-after location in Arlington Heights! Original builder/owner down the block from St. Viator Catholic High School. Delightful 3 bedrooms, 3 full bath ranch home, 2 1/2 car attached heated garage sits on nearly one half acre corner lot in highly sought after Arlington Heights on the corner of Oakton Street and Forrest Avenue across from Rolling Green Golf Country Club. Eat-in country kitchen with lots of natural light, oak cabinets, plenty of counter space, and pantry. The living room features all brick floor-to-ceiling, wood-burning fireplace, skylights, and sliding glass doors to the outdoor deck, patio, and lush oversized fenced yard. All 3 bedrooms have hardwood floors. Main bath with dual vanity and soaker tub. Sold as-is. Full finished basement with wet bar. Indoor pool for year-round fun! Roof - 2017, furnace and air conditioner 2019. Close to shopping, restaurants, parks, and lots of other amenities. Easy access to Rd 53, I-90, and I-294. "Award-winning" Olive Elementary, South Middle School & Prospect H.S.

Last Agent to Sell the Property

Felicia Jordan

Charles Rutenberg Realty License #475128040 Listed on: 11/18/2021

Charles Rutenberg Realty

Last Buyer's Agent

Urszula Gawin

Baird & Warner License #475140768

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,034

Year Built | Renovated

  • 1958 | 1980

Lot Details

  • 0.44

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Interior Spaces

  • Soaking Tub
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Finished Basement Bathroom
  • Pull Down Stairs to Attic

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,034

Year Built | Renovated

1958 | 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1980
  • New Construction Y/N: No
  • Architectural Style: Ranch
  • Directions: Cross streets: East Oakton Street and North Waterman Ave
  • Lot Size: 19334
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1958
  • Year Renovated: 1980

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Partial
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Pull Down Stair
  • Full Bathrooms: 3
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Bar-Wet, Wood Laminate Floors, Pool Indoors, First Floor Full Bath
  • Other Equipment: TV Antenna, Ceiling Fan(s), Fan-Whole House, Sump Pump
  • Dining Room Type: Office, Bonus Room

Exterior Features

  • Exterior Features: Deck, Patio, Storms/Screens
  • Exterior Building Type: Brick,Cedar,Frame
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Electric: Circuit Breakers
  • Laundry Features: Laundry Chute
  • Sewer: Public Sewer
  • Water Source: Private Well

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3819.5
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2022
Sold by
Matayka Sandra J and Treutler Arthur R
Bought by
Weinrich Matthew J
Current Estimated Value
$723,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,720
Outstanding Balance
$499,288
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$224,109

Purchase Details

Listed on
Nov 18, 2021
Closed on
Feb 22, 2022
Sold by
Treutler Arthur R and Estate Of Arthur A Treutler
Bought by
Weinrich Matthew J
Seller's Agent
Felicia Jordan
Charles Rutenberg Realty
Buyer's Agent
Urszula Gawin
Baird & Warner
List Price
$529,900
Sold Price
$520,000
Premium/Discount to List
-$9,900
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$538,720
Outstanding Balance
$499,288
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$224,109

Purchase Details

Listed on
Nov 18, 2021
Closed on
Dec 28, 2021
Sold by
Matayka Sandra J and Treutler Arthur R
Bought by
Weinrich Matthew J
Seller's Agent
Felicia Jordan
Charles Rutenberg Realty
Buyer's Agent
Urszula Gawin
Baird & Warner
List Price
$529,900
Sold Price
$520,000
Premium/Discount to List
-$9,900
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,720
Outstanding Balance
$499,288
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$224,109

Purchase Details

Closed on
Jan 24, 2006
Sold by
Treutler Arthur A and Treutler Carol J
Bought by
Tsagalis Bill and Tsagalis Yvonne R
Source: Public Records

Range of Values:

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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
Weinrich Matthew J -- --
Weinrich Matthew J $520,000 --
Weinrich Matthew J -- --
Tsagalis Bill $290,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weinrich Matthew J $538,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $520,000 -1.9% $187 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $529,900 -- $190 / 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 $14,034 $51,263 $19,334 $31,929
2023 $11,893 $51,263 $19,334 $31,929
2022 $11,893 $51,263 $19,334 $31,929
2021 $4,054 $42,376 $11,117 $31,259
2020 $12,426 $42,376 $11,117 $31,259
2019 $3,820 $47,242 $11,117 $36,125
2018 $11,244 $45,403 $9,667 $35,736
2017 $4,129 $45,403 $9,667 $35,736
2016 $4,646 $45,403 $9,667 $35,736
2015 $5,358 $40,365 $8,216 $32,149
2014 $5,093 $40,365 $8,216 $32,149
2013 $5,083 $40,365 $8,216 $32,149
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    Felicia Jordan

    Charles Rutenberg Realty

    Section Image
  • Urszula Gawin

    Buyer's Agent in 2021

    Urszula Gawin

    Baird Warner

    (773) 744-4803

    59 Total Sales

    Urszula Gawin
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11273196

Midwest Real Estate Data (MRED)

APN: 03-28-102-015-0000

Illinois Cook County Arlington Heights 60004

1040 N Forrest Ave, Arlington Heights, IL

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