NOT LISTED FOR SALE

Estimated Value: $518,000 - $620,503

4 Beds
3 Baths
2,790 Sq Ft
$203/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $305,000 $109 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,658/month

About This Home

As of May 2019

This 4 bedroom, 2.5 bath "California Contemporary" home features a prime location in Arlington Heights School Districts 25 & 214. Upon entering notice the vaulted ceilings with skylight in the living room along w/ gas+wood burning fireplace. The dining room leads into the eat-in kitchen with recently updated appliances (2016). The family room also features a gas+wood burning brick fireplace. Master bedroom has full bath & walk-in closet. The 2nd floor has 3 additional bedrooms and a loft that can be a 5th bedroom or 2nd family room. Other notable upgrades include: New Roof, floors, kitchen appliances, washer/dryer & updated baths (2016); New furnace & A/C (2017). The community maintains a family friendly environment & has great amenities, including beautiful parks, with close access to shopping and transportation. 10 minutes to the Metra station to downtown Chicago and 1/4 mile to route 53.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
May 3, 2019
Sold by
Burgeson Norman A and Burgeson Marianne E
Bought by
Reece Michael W
Seller's Agent
Stefanie Ridolfo
Real Broker LLC
Buyer's Agent
Thomas Wagner
Compass
List Price
$324,999
Sold Price
$305,000
Premium/Discount to List
-$19,999
-6.15%
Current Estimated Value
$557,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,670
Avg. Annual Appreciation
9.62%
Original Mortgage
$289,750
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Reece Michael W $305,000 Citywide Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reece Michael W $280,000
Closed Reece Michael W $289,750
Previous Owner Burgeson Norm A $68,000
Previous Owner Burgeson Norman A $150,000
Previous Owner Burgeson Norman A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2019 05/03/19 Sold $305,000 -6.2% $109 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $324,999 0.0% $116 / Sq Ft
03/26/2016 03/26/16 Rented $2,400 -17.2% --
07/31/2015 07/31/15 For Rent $2,900 -- --

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 $7,442 $30,501 $11,672 $18,829
2023 $7,140 $30,501 $11,672 $18,829
2022 $7,140 $30,501 $11,672 $18,829
2021 $7,233 $27,358 $6,631 $20,727
2020 $7,113 $27,358 $6,631 $20,727
2019 $8,008 $30,500 $6,631 $23,869
2018 $13,372 $45,823 $5,836 $39,987
2017 $13,215 $45,823 $5,836 $39,987
2016 $11,653 $45,823 $5,836 $39,987
2015 $11,198 $40,547 $5,040 $35,507
2014 $10,886 $40,547 $5,040 $35,507
2013 $10,596 $40,547 $5,040 $35,507
Source: Public Records

Agents Affiliated with this Home

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