NOT LISTED FOR SALE

1416 N Vail Ave Arlington Heights, IL 60004

Estimated Value: $513,093 - $596,000

5 Beds
2 Baths
1,542 Sq Ft
$366/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $364,000 $236 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,722/month

10 Days on Market

Highlights

  • Detached Garage
  • Central Air
  • Heated Garage
  • Olive-Mary Stitt Elementary School Rated A-

About This Home

As of April 2016

5 bedroom home in DESIRABLE Arlington Heights location. Spacious eat-in kitchen, private backyard perfect for entertainment. Very well maintained family home that requires nothing to do but move in. Minutes away from downtown Arlington Heights. Extra large heated detached garage fit for all your toys, a true mechanics dream. This house shows with pride, priced to sell.

Last Agent to Sell the Property

Jamie McHugh

Coldwell Banker Hometrust, R.E License #475168479 Listed on: 03/03/2016

Coldwell Banker Hometrust, R.E

Co-Listed By

Laura Mchugh-Ferdinand

Coldwell Banker Hometrust, R.E License #475129801

Last Buyer's Agent

Cora Lat

Century 21 Universal

Century 21 Universal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,186

Year Built

  • 1960

Lot Details

  • 8,581

Parking

  • Detached Garage
  • Heated Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,186

Year Built

1960

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
  • Total Full or Half Bathrooms: 2
  • Type Detached: Split Level
  • Estimated Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 13X18, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV-Cable, TV-Dish, Ceiling Fan, Sump Pump
  • Basement: Partial
  • Basement: Finished
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 13X18, On Level: Basement
  • Dining Room: Dimensions: 10X12, On Level: Main Level
  • Kitchen Type: Dimensions: 12X15, On Level: Main Level
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 10X14, On Level: 2nd Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 14X11, On Level: Basement
  • Bedroom 2: Dimensions: 11X13, On Level: 2nd Level
  • Bedroom 3: Dimensions: 11X9, On Level: 2nd Level
  • Bedroom 4: Dimensions: 10X14, On Level: 2nd Level
  • Estimated Sq Ft: 1542

Exterior Features

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

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 8580 SQ FT
  • Parcel Identification Number: 03203000770000

Tax Info

  • Taxes: 7019.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2016
Closed on
Apr 28, 2016
Sold by
Smith Jeffrey R and Smith Anne K
Bought by
Sison Romil and Sison Rosemarie
Seller's Agent
Jamie McHugh
Coldwell Banker Hometrust, R.E
Buyer's Agent
Cora Lat
Century 21 Universal
List Price
$375,000
Sold Price
$364,000
Premium/Discount to List
-$11,000
-2.93%
Current Estimated Value
$564,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,773
Avg. Annual Appreciation
4.73%
Original Mortgage
$327,600
Outstanding Balance
$260,452
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$304,321

Purchase Details

Closed on
Oct 15, 2008
Sold by
Smith Jeffrey R and Smith Anne K
Bought by
Smith Jeffrey R and Smith Anne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2004
Sold by
Smith Jeffrey R and Smith Anne K
Bought by
Smith Jeffrey R and Smith Anne K
Source: Public Records

Range of Values:

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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
Sison Romil $364,000 Chicago Title
Smith Jeffrey R -- Fidelity National Title
Smith Jeffrey R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sison Romil $327,600
Previous Owner Smith Jeffrey R $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2016 04/28/16 Sold $364,000 -2.9% $236 / Sq Ft
03/13/2016 03/13/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $375,000 -- $243 / 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 $9,186 $36,871 $8,580 $28,291
2023 $8,820 $36,871 $8,580 $28,291
2022 $8,820 $36,871 $8,580 $28,291
2021 $7,653 $28,754 $5,362 $23,392
2020 $7,522 $28,754 $5,362 $23,392
2019 $7,488 $31,949 $5,362 $26,587
2018 $8,515 $32,614 $4,719 $27,895
2017 $8,432 $32,614 $4,719 $27,895
2016 $8,448 $33,908 $4,719 $29,189
2015 $7,215 $27,057 $4,075 $22,982
2014 $7,020 $27,057 $4,075 $22,982
2013 $6,826 $27,057 $4,075 $22,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09155554

Midwest Real Estate Data (MRED)

APN: 03-20-300-077-0000