NOT LISTED FOR SALE

1408 N Highland Ave Arlington Heights, IL 60004

Estimated Value: $478,000 - $518,000

4 Beds
2 Baths
1,527 Sq Ft
$331/Sq Ft Est. Value

Last Sold May 08, 2015

Last sale price $310,000 $203 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,390/month

5 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Patio
  • Olive-Mary Stitt Elementary School Rated A-
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2015

Fantastic, spacious home on quiet street in the heart of Olive/Thomas/Hersey district. 4 bedrooms and plenty of living space! Since fall of 2013: New tear off roof and gutters, windows, entry door, furnace, hot water heater, garage door, kitchen floor, carpet. Add your own finishing touches and everything else is done! Huge fenced yard, close to schools and parks.

Last Agent to Sell the Property

G. Paul May

Exit Grace Realty License #475145625 Listed on: 03/11/2015

Last Buyer's Agent

Craig Tinder

@properties Christie?s International Real Estate License #471016625

@properties Christie?s International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,948

Year Built

  • 1963

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

  • Attached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned
  • Garage Is Owned

Home Design

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

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Crawl Space

Utilities

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

Additional Features

  • Wood Flooring
  • Patio

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,948

Year Built

1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: Split Level
  • Estimated Year Built: 1963
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 19X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Basement: Partially Finished, Crawl
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 11X10, On Level: Basement
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X10, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 1527
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 19X11, On Level: Basement, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: E (East)
  • Acreage: 0.1818

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage, Space/s
  • Number Parking Spaces: 3
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 60X120
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 03194040190000

Tax Info

  • Taxes: 7007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2015
Closed on
May 7, 2015
Sold by
Short Daniel S and Short Margaret S
Bought by
Palmer Andrew D and Palmer Nicole A
Seller's Agent
G. Paul May
Exit Grace Realty
Buyer's Agent
Craig Tinder
@properties Christie?s International Real Estate
List Price
$324,900
Sold Price
$310,000
Premium/Discount to List
-$14,900
-4.59%
Current Estimated Value
$505,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,145
Avg. Annual Appreciation
4.77%
Original Mortgage
$294,500
Outstanding Balance
$232,408
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$272,737

Purchase Details

Closed on
Jul 6, 2004
Sold by
Tilford Joseph P and Tilford Mary Margaret
Bought by
Short Daniel S and Short Margaret C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,750
Interest Rate
6.39%
Mortgage Type
Unknown
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
Palmer Andrew D $310,000 None Available
Short Daniel S $296,000 Rtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Andrew D $294,500
Previous Owner Short Daniel S $264,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2015 05/08/15 Sold $310,000 -4.6% $203 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $324,900 -- $213 / 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 $8,948 $36,000 $7,920 $28,080
2023 $8,590 $36,000 $7,920 $28,080
2022 $8,590 $36,000 $7,920 $28,080
2021 $8,158 $30,431 $4,950 $25,481
2020 $8,014 $30,431 $4,950 $25,481
2019 $7,977 $33,813 $4,950 $28,863
2018 $8,044 $31,000 $4,356 $26,644
2017 $7,967 $31,000 $4,356 $26,644
2016 $7,666 $31,000 $4,356 $26,644
2015 $7,406 $27,704 $3,762 $23,942
2014 $7,205 $27,704 $3,762 $23,942
2013 -- $27,704 $3,762 $23,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08858731

Midwest Real Estate Data (MRED)

APN: 03-19-404-019-0000