NOT LISTED FOR SALE

131 S Chestnut Ave Arlington Heights, IL 60005

Arlington Heights Central Business District Neighborhood

Estimated Value: $419,000 - $575,706

3 Beds
2 Baths
1,627 Sq Ft
$314/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $262,500 $161 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,569/month

5 Days on Market

Highlights

  • Recreation Room
  • Corner Lot
  • Detached Garage
  • Westgate Elementary School Rated 10
  • Walk-In Pantry
  • 5-minute walk to Cronin Park

About This Home

As of November 2014

**Fabulous downtown Arlington Heights location!** Walk to Metra. Huge corner lot. Queen Ann bungalow needs updating but has lots to offer! Newer siding, roof, mechanicals. Main floor addition used as master bedroom w/bath but could be family room. Open staircase- 2 bedrooms + full bath up. Rec room, workshop, & laundry in garage. 2 1/2 c garage + carport, shed. Affordable opportunity to get a beautiful property!

Last Agent to Sell the Property

Susan Oleksy

Coldwell Banker Realty License #471015609 Listed on: 10/11/2014

Coldwell Banker Realty

Last Buyer's Agent

Bridgette Schneidwind

Keller Williams Success Realty License #475140408

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,757

Year Built

  • 1929

Lot Details

  • Corner Lot

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,757

Year Built

1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bungalow
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1929
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1929

Interior Features

  • Interior Property Features: 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 23X11, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 11X10, On Level: Basement
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 18X18, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Recreation Rm, Dimensions: 24X10, On Level: Basement
  • Bedroom 2: Dimensions: 14X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 9X8, On Level: 2nd Level, Flooring: Carpet
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Acreage: 0.2269

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 70 X 140
  • Lot Description: Corner
  • Parcel Identification Number: 03312060130000

Tax Info

  • Taxes: 6512.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2014
Closed on
Nov 13, 2014
Sold by
Vidrick Thomas W
Bought by
Shimuk William R
Seller's Agent
Susan Oleksy
Coldwell Banker Realty
Buyer's Agent
Bridgette Schneidwind
Keller Williams Success Realty
List Price
$249,900
Sold Price
$262,500
Premium/Discount to List
$12,600
5.04%
Current Estimated Value
$510,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,177
Avg. Annual Appreciation
6.26%
Original Mortgage
$210,000
Outstanding Balance
$160,867
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$349,810

Purchase Details

Closed on
Nov 30, 2001
Sold by
Vidrick Gerald N
Bought by
Vidrick Gerald N
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
Shimuk William R $262,500 Attorneys Title Guaranty Fun
Vidrick Gerald N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shimuk William R $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2014 11/14/14 Sold $262,500 +5.0% $161 / Sq Ft
10/16/2014 10/16/14 Pending -- -- --
10/11/2014 10/11/14 For Sale $249,900 -- $154 / 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 $10,757 $42,611 $11,861 $30,750
2023 $10,333 $42,611 $11,861 $30,750
2022 $10,333 $42,611 $11,861 $30,750
2021 $8,002 $29,912 $6,177 $23,735
2020 $7,861 $29,912 $6,177 $23,735
2019 $7,806 $33,162 $6,177 $26,985
2018 $6,658 $26,250 $5,436 $20,814
2017 $6,597 $26,250 $5,436 $20,814
2016 $8,228 $33,087 $5,436 $27,651
2015 $7,438 $27,814 $4,694 $23,120
2014 $7,973 $27,814 $4,694 $23,120
2013 $6,513 $27,814 $4,694 $23,120
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Susan Oleksy

    Coldwell Banker Realty

    (773) 230-4143

    53 Total Sales

    Susan Oleksy
    Section Image
  • Bridgette Schneidwind

    Buyer's Agent in 2014

    Bridgette Schneidwind

    Keller Williams Success Realty

    (847) 361-7943

    95 Total Sales

    Bridgette Schneidwind
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08752924

Midwest Real Estate Data (MRED)

APN: 03-31-206-013-0000

Illinois Cook County Arlington Heights 60005 Arlington Heights Central Business District

131 S Chestnut Ave, Arlington Heights, IL

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