NOT LISTED FOR SALE

1408 N Vail Ave Arlington Heights, IL 60004

Estimated Value: $523,000 - $662,000

4 Beds
2 Baths
2,326 Sq Ft
$246/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $335,000 $144 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,708/month

11 Days on Market

Highlights

  • Fenced Yard
  • Attached Garage
  • Patio
  • Olive-Mary Stitt Elementary School Rated A-
  • Breakfast Bar
  • Bathroom on Main Level

About This Home

As of June 2018

Unbelievable value in sought after location! A true 4-bedroom home located near Downtown Arlington Hts in John Hersey HS district. Bring your decorating ideas to make this wonderful home your own. Main floor features spacious Living / Dining area drenched in morning sunlight. Beautiful, remodeled Kitchen offers plenty of cabinet & counter space, lights under the cabinets, newer appliances & ceiling can lights. Shower bath on the main level. Upper level offers 4 bedrooms & a full bath. Hardwood floors under the carpet on both levels. Lower level has a big utility/laundry room & spacious L-shaped Family Rm w/ many possibilities. Access from Family Room to a fenced backyard with West exposure, great for gardening, relaxation and family gatherings. Home is conveniently located 1.3 mile away from Metra train station, 0.3 mile from excellent Elementary and Middle schools & 2 blocks from Hasbrook Park. This is an Estate Sale, sold as-is. A truly great home, and at this price it's a STEAL!!!

Last Agent to Sell the Property

Urszula Gawin

Baird & Warner License #475140768 Listed on: 04/20/2018

Baird & Warner

Last Buyer's Agent

Marjorie Allabastro

Baird & Warner License #471016151

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,543

Year Built

  • 1962

Lot Details

  • 8,276

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Bathroom on Main Level
  • Partial Basement
  • Patio
  • Fenced Yard

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,543

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Square Footage Comments: Above grade total 1,543 sq feet, lower level 783 sq feet.
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bi-Level
  • Type Detached: Split Level
  • Estimated Year Built: 1962
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Interior Property Features: 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: CO Detectors, Ceiling Fan, Sump Pump
  • Basement: Partial
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 13X13, On Level: Lower, Flooring: Carpet, Windows: Blinds
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 16X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X10, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Bedroom 2: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Bedroom 3: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X09, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2326
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 24X18, On Level: Lower, Flooring: Carpet, Windows: Curtains/Drapes

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.197

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
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 1430

Schools

  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 65 X 132
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 03203000790000

Tax Info

  • Taxes: 3381.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jun 29, 2018
Sold by
Wood Karen L
Bought by
Raimondi Keith A and Raimondi Kari S
Seller's Agent
Urszula Gawin
Baird & Warner
Buyer's Agent
Marjorie Allabastro
Baird & Warner
List Price
$359,900
Sold Price
$335,000
Premium/Discount to List
-$24,900
-6.92%
Current Estimated Value
$572,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,420
Avg. Annual Appreciation
7.58%
Original Mortgage
$328,932
Outstanding Balance
$284,240
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$288,180

Purchase Details

Closed on
Jul 15, 2008
Sold by
Heppner Floyd B and Heppner Marilyn R
Bought by
Heppner Floyd B and Heppner Marilynn R
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
Raimondi Keith A $335,000 Baird & Warner Title Service
Heppner Floyd B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raimondi Keith A $328,932
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $335,000 -6.9% $144 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $359,900 -- $155 / 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 $8,543 $34,520 $8,580 $25,940
2023 $8,648 $34,520 $8,580 $25,940
2022 $8,648 $36,222 $8,580 $27,642
2021 $7,269 $27,477 $5,362 $22,115
2020 $7,147 $27,477 $5,362 $22,115
2019 $8,016 $30,530 $5,362 $25,168
2018 $9,797 $33,573 $4,719 $28,854
2017 $2,847 $33,573 $4,719 $28,854
2016 $3,382 $33,573 $4,719 $28,854
2015 $3,900 $27,685 $4,075 $23,610
2014 $3,707 $27,685 $4,075 $23,610
2013 $3,700 $27,685 $4,075 $23,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09922837

Midwest Real Estate Data (MRED)

APN: 03-20-300-079-0000