$240,000
SOLD SEP 1, 2015

2240 Forest Ave Rolling Meadows, IL 60008

4 Beds
2 Baths
1,500 Sq Ft
7,362 Sq Ft Lot

Recently Sold

$160 Per Sq Ft

4% Below List Price

14 Days on Market

Highlights

  • Attached Garage
  • Rolling Meadows High School Rated A+
  • Forced Air Heating and Cooling System

About This Home

As of September 2015

Nearly everything is new in this beautifully remodeled raised ranch. Lot's of privacy & excellent location. Minutes from downtown Arlington Heights, Schaumburg & Metra's UP-NW line at Arlington Racecourse. New kitchen w/maple cabinetry, granite countertops & SS appls. Completely remodeled bathrooms w/custom shower added to the first floor. New high quality hardwood, ceramic tile & carpeting thru-out. New paint thru-out. New washer/dryer, water heater, HVAC. Updated electrical, windows, doors, 1.5 garage & so much more! New flat roof over an inviting home addition featuring a warm living space that opens up to a bedroom & private patio. This home has been professionally remodeled & approved by inspectors from the city of Rolling Meadows. Move in and enjoy!

Last Agent to Sell the Property

Jordan McCormick

Compass License #471022225 Listed on: 07/24/2015

Compass

Last Buyer's Agent

David Burchert

Principal Properties, Inc. License #471013764

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,930

Year Built

  • 1962

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Aluminum Siding

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,930

Year Built

1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X15, On Level: Main Level
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Kitchen Type: Dimensions: 20X20, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 20X9, On Level: 2nd Level
  • Bedroom 2: Dimensions: 13X10, On Level: 2nd Level
  • Bedroom 3: Dimensions: 10X12, On Level: Main Level
  • Bedroom 4: Dimensions: 10X11, On Level: Main Level
  • Estimated Sq Ft: 1500
  • Family Room: Dimensions: 11X20, On Level: Main Level

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1.5
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 214
  • Elementary School: KIMBALL HILL ELEMENTARY SCHOOL
  • Middle School: CARL SANDBURG JUNIOR HIGH SCHOOL
  • High School: ROLLING MEADOWS HIGH SCHOOL
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 112 X 71
  • Parcel Identification Number: 02264060660000

Tax Info

  • Taxes: 6696.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2015
Closed on
Sep 1, 2015
Sold by
Wheelbrook Homes Llc
Bought by
Porters Michael V and Porters Lisa K
Seller's Agent
Jordan McCormick
Compass
Buyer's Agent
David Burchert
Principal Properties, Inc.
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%
Total Days on Market
14
Current Estimated Value
$369,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,533
Avg. Annual Appreciation
4.67%
Original Mortgage
$228,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2014
Closed on
Dec 18, 2014
Sold by
Fannie Mae
Bought by
Wheelbrook Homes Llc
Seller's Agent
Frank DeNovi
Compass
Buyer's Agent
Jordan McCormick
Compass
List Price
$150,000
Sold Price
$114,900
Premium/Discount to List
-$35,100
-23.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
248.49%

Purchase Details

Closed on
Oct 21, 2013
Sold by
Zawisza
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 1, 2004
Sold by
Yung David
Bought by
Zawisza Boguslawa

Purchase Details

Closed on
Oct 18, 2000
Sold by
Yung Richard L
Bought by
Yung David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,900
Interest Rate
12.5%

Purchase Details

Closed on
Sep 16, 1994
Sold by
Kelly James T and Kelly Charleen S
Bought by
Yung Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,625
Interest Rate
8.62%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $240,000 First American Title
Special Warranty Deed -- Ct
Sheriffs Deed -- Attorneys Title Guaranty Fun
Warranty Deed $238,500 Multiple
Interfamily Deed Transfer -- --
Warranty Deed $147,500 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,000 New Conventional
Closed $228,000 New Conventional
Previous Owner $381,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $84,000 Fannie Mae Freddie Mac
Previous Owner $56,500 Unknown
Previous Owner $185,600 Unknown
Previous Owner $181,900 No Value Available
Previous Owner $110,625 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2015 09/01/15 Sold $240,000 -3.6% $160 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
07/24/2015 07/24/15 For Sale $249,000 +116.7% $166 / Sq Ft
01/30/2015 01/30/15 Sold $114,900 0.0% $110 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
11/21/2014 11/21/14 Price Changed $114,900 -14.9% $110 / Sq Ft
10/01/2014 10/01/14 Price Changed $135,000 -3.6% $130 / Sq Ft
09/03/2014 09/03/14 Price Changed $140,000 -6.7% $134 / Sq Ft
05/27/2014 05/27/14 For Sale $150,000 -- $144 / 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 $5,930 $23,170 $4,048 $19,122
2023 $5,930 $23,170 $4,048 $19,122
2022 $5,930 $23,170 $4,048 $19,122
2021 $5,677 $19,852 $2,392 $17,460
2020 $5,615 $19,852 $2,392 $17,460
2019 $5,658 $22,181 $2,392 $19,789
2018 $6,264 $22,003 $2,208 $19,795
2017 $8,080 $24,450 $2,208 $22,242
2016 $7,537 $24,450 $2,208 $22,242
2015 $6,842 $20,792 $2,024 $18,768
2014 $6,697 $20,792 $2,024 $18,768
2013 $6,534 $20,792 $2,024 $18,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08993144

Midwest Real Estate Data (MRED)

APN: 02-26-406-066-0000