NOT LISTED FOR SALE

1403 N Salem Blvd Arlington Heights, IL 60004

Estimated Value: $795,483 - $848,000

4 Beds
3 Baths
2,626 Sq Ft
$313/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $532,000 $203 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,546/month

4 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Patton Elementary School Rated 10
  • Wood Flooring
  • Loft

About This Home

As of March 2016

DON'T MISS THIS EXPANDED HOME IN DESIRABLE SHERWOOD SUBDIVISION. MUST SEE...MUCH BIGGER THAN IT APPEARS. ENTERTAINERS DREAM HOME. INVITING 2-STORY FOYER GREETS YOU IN THIS TRADITIONAL HOME WITH HUGE FORMAL LIVING ROOM AND DINING ROOM. RELAX IN THE COZY FAMILY ROOM WITH FIREPLACE. ENTERTAIN IN THE HUGE GREAT ROOM ADDITION FEATURING WET BAR AND FIREPLACE. SPACIOUS EAT-IN KITCHEN OPENS TO GREAT ROOM AND OFFERS NEWER STAINLESS APPLIANCES, TONS OF CABINETS AND COUNTER SPACE. HUGE DECK IS ACCESSIBLE FROM GREAT ROOM, KITCHEN AND FAMILY ROOM. SPACIOUS BEDROOMS. HARDWOOD IN 3 BRS (UNDER BLUE CARPET IN BR4). PARTIAL BASEMENT PERFECT FOR FINISHING. BRAND NEW CARPET. ROOF (2009). WINDOWS (2008). FURNACE (2014). NEWER H20 HEATER. IN GROUND SPRINKLER SYSTEM. PROFESSIONALLY LANDSCAPED YARD! AWARD WINNING SCHOOLS!

Last Agent to Sell the Property

Ann Baker

RE/MAX Suburban License #475114844 Listed on: 01/29/2016

RE/MAX Suburban

Last Buyer's Agent

James Nelson

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,808

Year Built

  • 1968

Lot Details

  • 0.35

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Dining Area
  • Loft
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,808

Year Built

1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1968
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors
  • Number Of Rooms: 11
  • Living Room: Dimensions: 18X15, On Level: Main Level, Flooring: Carpet, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Sump Pump
  • Fireplace Details: Gas Logs
  • Attic: Full, Unfinished
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 12X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 14X14, On Level: Main Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 19X14, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Eating Area, Foyer, Great Room, Loft
  • Master Bedroom: Dimensions: 19X13, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Eating Area, Dimensions: 7X7, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Additional Room 2 Name: Great Rm, Dimensions: 30X17, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 15X13, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 3 Name: Foyer, Dimensions: 17X9, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 4 Name: Loft, Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 4: Dimensions: 15X11, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 2626
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X14, On Level: Main Level, Flooring: Carpet, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.3581

Garage/Parking

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

Utilities

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

Schools

  • School District: 214
  • Elementary School: PATTON ELEMENTARY SCHOOL
  • Middle School: THOMAS MIDDLE SCHOOL
  • High School: JOHN HERSEY HIGH SCHOOL
  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 93X174X105X58X76
  • Parcel Identification Number: 03193020240000

Tax Info

  • Taxes: 12,221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2016
Closed on
Mar 15, 2016
Sold by
Cripe Marilee J
Bought by
Kautz Michael J and Kautz Jessica L
Seller's Agent
Ann Baker
RE/MAX Suburban
Buyer's Agent
James Nelson
RE/MAX Suburban
List Price
$549,000
Sold Price
$532,000
Premium/Discount to List
-$17,000
-3.1%
Current Estimated Value
$822,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,121
Avg. Annual Appreciation
4.64%
Original Mortgage
$417,000
Outstanding Balance
$330,054
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$492,067
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
Kautz Michael J $532,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kautz Michael J $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2016 03/24/16 Sold $532,000 -3.1% $203 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $549,000 -- $209 / 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 $14,808 $57,407 $23,400 $34,007
2023 $14,234 $57,407 $23,400 $34,007
2022 $14,234 $57,407 $23,400 $34,007
2021 $13,008 $46,543 $12,870 $33,673
2020 $12,738 $46,543 $12,870 $33,673
2019 $12,723 $51,888 $12,870 $39,018
2018 $14,745 $53,964 $11,310 $42,654
2017 $15,563 $53,964 $11,310 $42,654
2016 $13,843 $53,964 $11,310 $42,654
2015 $13,889 $47,039 $9,750 $37,289
2014 $12,221 $47,039 $9,750 $37,289
2013 $11,885 $47,039 $9,750 $37,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09126960

Midwest Real Estate Data (MRED)

APN: 03-19-302-024-0000