NOT LISTED FOR SALE

1316 N Arlington Heights Rd Arlington Heights, IL 60004

Estimated Value: $4,151,812

-- Bed
2 Baths
-- Sq Ft
0.96 Acres

About This Home

This home is located at 1316 N Arlington Heights Rd, Arlington Heights, IL 60004 and is currently estimated at $4,151,812. 1316 N Arlington Heights Rd is a home located in Cook County with nearby schools including Olive-Mary Stitt Elementary School, Thomas Middle School, and John Hersey High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2024
Sold by
Hina & Amir Llc
Bought by
Suvera Arlington Heights Chicago Cre Llc
Current Estimated Value
$4,151,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,000
Outstanding Balance
$901,215
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving
Estimated Equity
$3,250,597

Purchase Details

Closed on
Dec 27, 2019
Sold by
Platt Cynthia F
Bought by
Hina & Amir Llc

Purchase Details

Closed on
Oct 4, 2011
Sold by
Platt James E and Platt Cynthia F
Bought by
Platt Cynthia F and Cynthia F Platt Trust

Purchase Details

Closed on
Oct 27, 1993
Sold by
Muran Ann M
Bought by
Platt James E and Platt Cynthia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.79%
Mortgage Type
Commercial
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
Suvera Arlington Heights Chicago Cre Llc $3,765,000 None Listed On Document
Hina & Amir Llc $870,000 Chicago Title
Platt Cynthia F -- None Available
Platt James E $150,000 --
Platt James E $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suvera Arlington Heights Chicago Cre Llc $1,070,000
Previous Owner Platt James E $450,000
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 $124,877 $456,157 $156,668 $299,489
2023 $74,471 $456,157 $156,668 $299,489
2022 $74,471 $282,454 $156,668 $125,786
2021 $65,472 $217,500 $174,377 $43,123
2020 $63,778 $217,500 $174,377 $43,123
2019 $57,106 $217,500 $174,377 $43,123
2018 $41,084 $140,786 $104,626 $36,160
2017 $40,601 $140,786 $104,626 $36,160
2016 $36,397 $135,320 $104,626 $30,694
2015 $36,840 $124,768 $98,813 $25,955
2014 $58,085 $202,637 $98,813 $103,824
2013 $56,625 $202,637 $98,813 $103,824
Source: Public Records

Map

Illinois Cook County Arlington Heights 60004

1316 N Arlington Heights Rd, Arlington Heights, IL

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