NOT LISTED FOR SALE

1623 S Ridge Dr Arlington Heights, IL 60005

Estimated Value: $721,214 - $758,000

4 Beds
3 Baths
2,845 Sq Ft
$262/Sq Ft Est. Value

About This Home

This home is located at 1623 S Ridge Dr, Arlington Heights, IL 60005 and is currently estimated at $745,054, approximately $261 per square foot. 1623 S Ridge Dr is a home located in Cook County with nearby schools including Holmes Jr High School, Juliette Low Elementary School, and Rolling Meadows High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2023
Sold by
De Zilvervloot Trust
Bought by
Oh Jin Sol and Cho Janis Y
Current Estimated Value
$745,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,000
Outstanding Balance
$535,402
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$209,652

Purchase Details

Closed on
May 2, 2019
Sold by
Krause Steven F and Krause Patricia A
Bought by
Krause Steven F and Krause Patricia A

Purchase Details

Closed on
Aug 15, 2003
Sold by
Grimm Jeffrey M and Rowley Angela M
Bought by
Krause Steven F and Krause Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.18%
Mortgage Type
Unknown

Purchase Details

Closed on
May 14, 2002
Sold by
Padgett Theodore R and Padgett Kathryn L
Bought by
Grimm Jeffrey M and Grimm Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,800
Interest Rate
7.07%

Purchase Details

Closed on
Jan 23, 1995
Sold by
Katz Karren G
Bought by
Padgett Theodore R and Padgett Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,800
Interest Rate
6.25%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Oh Jin Sol $620,000 None Listed On Document
Krause Steven F -- Attorney
Krause Steven F $505,000 Ticor Title Insurance
Grimm Jeffrey M $366,000 Chicago Title Insurance Co
Padgett Theodore R $256,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oh Jin Sol $558,000
Previous Owner Krause Steven F $105,000
Previous Owner Grimm Jeffrey M $292,800
Previous Owner Padgett Theodore R $204,800
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 $11,042 $42,364 $8,964 $33,400
2023 $10,509 $46,000 $8,964 $37,036
2022 $10,509 $46,000 $8,964 $37,036
2021 $9,118 $35,594 $5,826 $29,768
2020 $8,920 $35,594 $5,826 $29,768
2019 $9,094 $39,994 $5,826 $34,168
2018 $10,364 $40,492 $4,930 $35,562
2017 $10,231 $40,492 $4,930 $35,562
2016 $10,486 $43,154 $4,930 $38,224
2015 $8,643 $33,786 $4,482 $29,304
2014 $9,318 $36,602 $4,482 $32,120
2013 $9,873 $39,584 $4,482 $35,102
Source: Public Records

Map

Illinois Cook County Arlington Heights 60005

1623 S Ridge Dr, Arlington Heights, IL

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