NOT LISTED FOR SALE

Estimated Value: $642,219 - $712,000

5 Beds
3 Baths
2,805 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 1218 S Salem Ln, Arlington Heights, IL 60005 and is currently estimated at $679,305, approximately $242 per square foot. 1218 S Salem Ln is a home located in Cook County with nearby schools including Holmes Jr High School, Juliette Low Elementary School, and Rolling Meadows High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2022
Sold by
Newell Brian P and Newell Erika M
Bought by
Newell Brian P and Newell Erika M
Current Estimated Value
$679,305

Purchase Details

Closed on
Aug 16, 2006
Sold by
Wingett Nancy Copeland
Bought by
Newell Brian P and Newell Erika M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
May 18, 2004
Sold by
Wingett Jerry L and Wingett Nancy C
Bought by
Revocab Wingett Nancy Copeland and Nancy Copeland Wingett Revocable Living
Source: Public Records

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.

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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.

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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.

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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.

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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
Newell Brian P -- --
Newell Brian P -- --
Newell Brian P $565,000 Atg
Revocab Wingett Nancy Copeland -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newell Brian P $290,000
Previous Owner Newell Brian P $280,000
Previous Owner Newell Brian P $275,000
Previous Owner Wingett Nancy Copeland $359,650
Source: Public Records

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 $10,007 $42,000 $8,775 $33,225
2023 $9,522 $42,000 $8,775 $33,225
2022 $9,522 $42,000 $8,775 $33,225
2021 $10,059 $38,922 $5,703 $33,219
2020 $9,834 $38,922 $5,703 $33,219
2019 $10,024 $43,733 $5,703 $38,030
2018 $10,583 $41,275 $4,826 $36,449
2017 $10,447 $41,275 $4,826 $36,449
2016 $10,002 $41,275 $4,826 $36,449
2015 $9,589 $37,196 $4,387 $32,809
2014 $9,480 $37,196 $4,387 $32,809
2013 $9,235 $37,196 $4,387 $32,809
Source: Public Records

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