NOT LISTED FOR SALE

1716 N Verde Ave Arlington Heights, IL 60004

Estimated Value: $1,545,000

3 Beds
1 Bath
1,044 Sq Ft
$1,480/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $365,000 $350 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $8,544/month

8 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • Patton Elementary School Rated 10
  • Central Air
  • Senior Tax Exemptions

About This Home

As of May 2022

Amazing opportunity. Value is in the land. Build your dream home on this near half acre lot, amongst many other newer homes. Walking distance to Patton elementary. District 25 Patton & Thomas and D214 Hersey HS.

Last Agent to Sell the Property

David Schwabe

Compass License #475136522 Listed on: 04/12/2022

Compass

Last Buyer's Agent

Christen Woods

Compass License #475161711

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,746

Year Built

  • Built in 1959

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 68 x 33 x 21 x 200 x 91 x 202
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House

Interior Spaces

  • 1,044 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Patton Elementary School
  • Thomas Middle School
  • John Hersey High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,746

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1959
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1044
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1044
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 349900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Patton Elementary School
  • High School: John Hersey High School
  • Middle/Junior School: Thomas Middle School
  • Middle/Junior School District: 25

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.47
  • Lot Dimensions: 68 X 33 X 21 X 200 X 91 X 202
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1746.35
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 13, 2022
Sold by
Anderson Robert C
Bought by
Gallagher Marilee and Stoga Michelle
Seller's Agent
David Schwabe
Compass
Buyer's Agent
Christen Woods
Compass
List Price
$349,900
Sold Price
$365,000
Premium/Discount to List
$15,100
4.32%
Current Estimated Value
$1,545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,180,000
Avg. Annual Appreciation
47.75%
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
Gallagher Marilee $365,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Stoga Jeffrey $874,000
Closed Anderson Robert C $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $365,000 +4.3% $350 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $349,900 -- $335 / 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 $4,126 $98,827 $15,073 $83,754
2023 $4,901 $15,073 $15,073 --
2022 $4,901 $23,037 $15,073 $7,964
2021 $5,583 $24,540 $10,914 $13,626
2020 $1,746 $24,540 $10,914 $13,626
2019 $1,729 $27,328 $10,914 $16,414
2018 $5,672 $26,307 $9,355 $16,952
2017 $1,869 $26,307 $9,355 $16,952
2016 $2,418 $26,307 $9,355 $16,952
2015 $2,788 $23,678 $8,316 $15,362
2014 $2,650 $23,678 $8,316 $15,362
2013 $2,645 $23,678 $8,316 $15,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11373156

Midwest Real Estate Data (MRED)

APN: 03-19-100-019-0000