NOT LISTED FOR SALE

2623 N Phelps Ave Unit 5 Arlington Heights, IL 60004

Ivy Hill Neighborhood

Estimated Value: $612,494 - $842,000

4 Beds
3 Baths
2,276 Sq Ft
$301/Sq Ft Est. Value

About This Home

This home is located at 2623 N Phelps Ave Unit 5, Arlington Heights, IL 60004 and is currently estimated at $684,874, approximately $300 per square foot. 2623 N Phelps Ave Unit 5 is a home located in Cook County with nearby schools including Dwight D Eisenhower Elementary School, Anne Sullivan Elementary School, and Betsy Ross Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2011
Sold by
Larsen Chris and Kras Lindsay
Bought by
Larsen Chris and Kras Lindsay
Current Estimated Value
$684,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Outstanding Balance
$235,592
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$449,282

Purchase Details

Closed on
Jun 6, 2011
Sold by
Morrison Robert and Morrison Emily
Bought by
Larsen Chris and Kras Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2003
Sold by
Innocentini John and Innocentini Bonnie J
Bought by
Morrison Robert and Morrison Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
4.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 25, 1997
Sold by
Abbott Robert C
Bought by
Innocentini John and Innocentini Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.65%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Larsen Chris -- Old Republic National Title
Larsen Chris $430,000 Attorneys Title Guaranty Fun
Morrison Robert $445,000 Lawyers Title Insurance Corp
Innocentini John $172,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larsen Chris $344,000
Closed Larsen Chris $344,000
Previous Owner Morrison Robert $322,000
Previous Owner Innocentini John $180,000
Closed Morrison Robert $78,450
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 $10,574 $42,000 $9,625 $32,375
2023 $10,069 $42,000 $9,625 $32,375
2022 $10,069 $42,000 $9,625 $32,375
2021 $10,372 $37,453 $5,468 $31,985
2020 $10,164 $37,453 $5,468 $31,985
2019 $10,136 $41,754 $5,468 $36,286
2018 $11,522 $43,005 $4,812 $38,193
2017 $11,418 $43,005 $4,812 $38,193
2016 $10,873 $43,005 $4,812 $38,193
2015 $11,388 $40,943 $4,156 $36,787
2014 $11,255 $40,943 $4,156 $36,787
2013 $10,985 $40,943 $4,156 $36,787
Source: Public Records

Map

Illinois Cook County Arlington Heights 60004 Ivy Hill

2623 N Phelps Ave Unit 5, Arlington Heights, IL

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