NOT LISTED FOR SALE

1303 W Cottonwood Ln Arlington Heights, IL 60005

Estimated Value: $525,000 - $537,296

3 Beds
2 Baths
1,362 Sq Ft
$390/Sq Ft Est. Value

Last Sold June 08, 2020

Last sale price $375,000 $275 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,667/month

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Cul-De-Sac
  • Westgate Elementary School Rated 10
  • Stainless Steel Appliances
  • Attached Garage

About This Home

As of June 2020

Look no more!! This gorgeous raised ranch located in Arlington Heights has 3 bedrooms, 2 full bathrooms, and space for entertaining!! Gleaming hardwood floors throughout, awesome updated kitchen with quartz countertops and stainless steel appliances. The bedrooms are spacious with lots of natural light. The lower level adds an additional 700 sq.ft. of living space and features a gas fireplace in the family room that is great for spending time with a good book or working on your puzzle. This home is located in an AMAZING NEIGHBORHOOD, you will have no shortage of parties with friendly neighbors! This place truly has it all.

Last Agent to Sell the Property

Jason Giambarberee

@properties Christie's International Real Estate License #475149934 Listed on: 03/02/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Holly Connors

@properties Christie's International Real Estate License #475141644

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,677

Year Built

  • 1963

Lot Details

  • 8,276

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Fireplace With Gas Starter
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Cul-De-Sac

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,677

Year Built

1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1362
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1963
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 1362
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 15X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Gas Starter
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 16X8, On Level: Lower, Flooring: Wood Laminate, Windows: Blinds
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 2: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1362
  • Estimated Total Finished Sq Ft: 1362
  • Main Level Sq Ft: 1362
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 20X14, On Level: Lower, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.194

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 1362

Schools

  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 89.1X135.6X94X99.7
  • Lot Description: Cul-de-sac
  • Parcel Identification Number: 03303190190000

Tax Info

  • Taxes: 7110.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Smith Amy M
Bought by
Smith Amy M and Amy M Smith Living Trust
Current Estimated Value
$530,574

Purchase Details

Listed on
Mar 2, 2020
Closed on
Jun 4, 2020
Sold by
Corwin Garrison R and Corwin Liliane V
Bought by
Smith Amy M
Seller's Agent
Jason Giambarberee
@properties Christie's International Real Estate
Buyer's Agent
Holly Connors
@properties Christie's International Real Estate
List Price
$379,999
Sold Price
$375,000
Premium/Discount to List
-$4,999
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$300,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2014
Closed on
Sep 5, 2014
Sold by
Dunne Elizabeth M
Bought by
Corwin Garrison R and Corwin Liliane V
Seller's Agent
Donna Broccolino
Compass
Buyer's Agent
Jason Giambarberee
@properties Christie's International Real Estate
List Price
$345,000
Sold Price
$330,000
Premium/Discount to List
-$15,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%
Original Mortgage
$337,095
Interest Rate
4.11%
Mortgage Type
VA

Purchase Details

Closed on
Aug 5, 1999
Sold by
Dunne Maurice E and Dunne Elizabeth M
Bought by
Dunne Maurice F and Maurice E Dunne Trust
Source: Public Records

Range of Values:

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Average Value
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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
Smith Amy M -- Attorney
Smith Amy M $375,000 Baird & Warner Ttl Svcs Inc
Corwin Garrison R $330,000 First American Title
Dunne Maurice F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Amy M $300,000
Previous Owner Corwin Garrison R $337,095
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2020 06/08/20 Sold $375,000 -1.3% $275 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $379,999 +15.2% $279 / Sq Ft
09/05/2014 09/05/14 Sold $330,000 -4.3% $236 / Sq Ft View Prior Sale
08/06/2014 08/06/14 Pending -- -- --
07/12/2014 07/12/14 For Sale $345,000 -- $246 / 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 $10,677 $39,000 $8,451 $30,549
2023 $10,283 $39,000 $8,451 $30,549
2022 $10,283 $39,000 $8,451 $30,549
2021 $8,047 $26,733 $5,281 $21,452
2020 $7,396 $28,324 $5,281 $23,043
2019 $7,363 $31,472 $5,281 $26,191
2018 $7,111 $27,802 $4,648 $23,154
2017 $7,044 $27,802 $4,648 $23,154
2016 $6,806 $27,802 $4,648 $23,154
2015 $6,459 $24,498 $4,014 $20,484
2014 $7,712 $26,905 $4,014 $22,891
2013 $6,259 $26,905 $4,014 $22,891
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10653153

Midwest Real Estate Data (MRED)

APN: 03-30-319-019-0000