NOT LISTED FOR SALE

1816 E Oakton St Arlington Heights, IL 60004

Estimated Value: $787,000 - $849,000

4 Beds
3 Baths
2,733 Sq Ft
$301/Sq Ft Est. Value

Last Sold October 20, 2016

Last sale price $505,000 $185 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,551/month

59 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Wood Flooring
  • Anne Sullivan Elementary School Rated A-
  • Vaulted Ceiling
  • Whirlpool Bathtub

About This Home

As of October 2016

Beautifully remodeled home in Hersey High School District! Custom built in neighborhood of many other custom homes, you'll love the open floor plan throughout! Hardwood floors, large remodeled eat-in kitchen with granite counters, stainless steel appliances, and cherry cabinets! Separate dining room, and a beautiful fireplace in the family room! The family room opens to the kitchen so that everyone can gather together. Huge master suite with cathedral ceilings, palladium windows, large remodeled master bath with whirlpool tub, separate shower, double sinks, and walk-in closet! Hall bath is remodeled as well, and has double sinks. Finished basement with lots of extra storage space, beautiful deck, new carpeting in bedrooms, custom window treatments, and beautiful yard! Move in condition throughout!! TAXES ARE BEING APPEALED.

Last Agent to Sell the Property

Kathy Barkulis

RE/MAX Suburban Listed on: 07/06/2016

RE/MAX Suburban

Last Buyer's Agent

Connie Dornan

@properties Christie's International Real Estate License #475128119

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,947

Year Built

  • 1995

Lot Details

  • Fenced Yard

Parking

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

Home Design

  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Recreation Room
  • Wood Flooring
  • Finished Basement
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,947

Year Built

1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1995
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 1X1, On Level: Basement
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 22X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 16X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Recreation Rm, Dimensions: 25X14, On Level: Basement
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 4: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 2733
  • Dining Room Type: Separate
  • Family Room: Dimensions: 17X12, On Level: Main Level, Flooring: Hardwood, Windows: All

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Exterior Property Features: Deck, Porch
  • Acreage: 0.2066

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

Utilities

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

Schools

  • Junior High Dist: 23
  • Elementary School #2: DWIGHT D EISENHOWER ELEMENTARY S

Lot Info

  • Lot Dimensions: 90 X 100
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 03213030290000

Tax Info

  • Taxes: 13557.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Oct 20, 2016
Sold by
Michael Jonathan and Michael Sara B
Bought by
Scheithauer Glenn R and Scheithauer Melissa L
Seller's Agent
Kathy Barkulis
RE/MAX Suburban
Buyer's Agent
Connie Dornan
@properties Christie's International Real Estate
List Price
$535,000
Sold Price
$505,000
Premium/Discount to List
-$30,000
-5.61%
Current Estimated Value
$822,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,408
Avg. Annual Appreciation
5.55%
Original Mortgage
$404,000
Outstanding Balance
$324,292
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$498,116

Purchase Details

Closed on
Oct 29, 2007
Sold by
Heck Timothy J
Bought by
Michael Jonathan and Michael Sara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2004
Sold by
Heck Earl D
Bought by
Heck Timothy J

Purchase Details

Closed on
Apr 18, 2004
Sold by
Suryawanshi Jatin and Patil Rajshri R
Bought by
Heck Timothy J and Heck Earl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
May 17, 2001
Sold by
Mahony Michael J and Mahony Patricia E
Bought by
Suryawanshi Jatin and Patil Rajshri R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
7.23%
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
Scheithauer Glenn R $505,000 None Available
Michael Jonathan $600,000 First American Title
Heck Timothy J -- --
Heck Timothy J $427,000 Ticor
Suryawanshi Jatin $390,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheithauer Glenn R $404,000
Previous Owner Michael Jonathan $400,000
Previous Owner Heck Timothy J $333,700
Previous Owner Suryawanshi Jatin $351,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2016 10/20/16 Sold $505,000 -3.8% $185 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
08/08/2016 08/08/16 Price Changed $525,000 -1.9% $192 / Sq Ft
07/06/2016 07/06/16 For Sale $535,000 -- $196 / 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 $14,947 $58,000 $9,000 $49,000
2023 $14,245 $58,000 $9,000 $49,000
2022 $14,245 $58,000 $9,000 $49,000
2021 $13,755 $48,582 $5,175 $43,407
2020 $13,456 $48,582 $5,175 $43,407
2019 $13,418 $54,161 $5,175 $48,986
2018 $14,704 $50,500 $4,500 $46,000
2017 $14,550 $50,500 $4,500 $46,000
2016 $14,109 $52,566 $4,500 $48,066
2015 $13,738 $46,225 $3,825 $42,400
2014 $13,558 $46,225 $3,825 $42,400
2013 $13,253 $46,225 $3,825 $42,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09278127

Midwest Real Estate Data (MRED)

APN: 03-21-303-029-0000