3840 Emerson Ave Rolling Meadows, IL 60008
Estimated Value: $304,000 - $356,937
3
Beds
2
Baths
1,525
Sq Ft
$218/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Wood Flooring
- Breakfast Bar
- Rolling Meadows High School Rated A+
- Detached Garage
- Patio
About This Home
As of April 2021Opportunity awaits! Now is your chance to live in a unique secluded area of Rolling Meadows! Nestled on almost a 1/2 acre, this 1525 sq ft ranch home has so much potential and so much to offer. Home features include 3 beds/1.1 baths, large eat-in kitchen, spacious family room, and nice hardwood floors in the living room and bedrooms. Oversized 2.5 car garage with extra wide driveway that allows plenty of room for parking. Huge backyard perfect for entertaining and socially distanced BBQs! Fabulous location near all major expressways, parks/playgrounds, Arlington Racetrack, Metra Train, and everything downtown Rolling Meadows has to offer!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,221
Year Built
- 1955
Lot Details
- 0.45
Parking
- Detached Garage
- Garage Door Opener
- Garage Is Owned
Home Design
- Ranch Style House
- Aluminum Siding
Interior Spaces
- Bathroom on Main Level
- Dining Area
- Wood Flooring
- Laundry on main level
Kitchen
- Breakfast Bar
- Oven or Range
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
- Private or Community Septic Tank
Listing and Financial Details
- Homeowner Tax Exemptions
- $7,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2021
Closed on
Apr 21, 2021
Sold by
Bearden Michalle and Estate Of Jeffrey Faust
Bought by
Conrad Benjamin and Schneider Agnes
Seller's Agent
Ashley Thompson
Baird & Warner
Buyer's Agent
Michelle Gassensmith
Compass
List Price
$249,900
Sold Price
$234,000
Premium/Discount to List
-$15,900
-6.36%
Total Days on Market
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,734
Avg. Annual Appreciation
9.54%
Original Mortgage
$187,200
Outstanding Balance
$173,107
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$166,819
Purchase Details
Closed on
Nov 1, 2011
Sold by
Faust Linda and Faust Jeffrey
Bought by
Faust Jeffrey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,510
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 23, 1999
Sold by
Nichols Amos Jedd and Nichols Elinor S
Bought by
Faust Jeffrey S and Faust Linda K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.83%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Rolling Meadows, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Conrad Benjamin | $234,000 | Chicago Title | |
| Faust Jeffrey | -- | Freedom Title Corp | |
| Faust Jeffrey S | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Conrad Benjamin | $187,200 | |
| Closed | Faust Jeffrey | $152,510 | |
| Closed | Faust Jeffrey S | $134,048 | |
| Closed | Faust Jeffrey S | $136,000 | |
| Closed | Faust Jeffrey S | $135,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2021 04/22/21 | Sold | $234,000 | -6.4% | $153 / Sq Ft |
| 04/09/2021 04/09/21 | Price Changed | $249,900 | +6.8% | $164 / Sq Ft |
| 04/09/2021 04/09/21 | Price Changed | $234,000 | -6.4% | $153 / Sq Ft |
| 03/05/2021 03/05/21 | Pending | -- | -- | -- |
| 02/22/2021 02/22/21 | For Sale | $249,900 | -- | $164 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,221 | $24,000 | $11,000 | $13,000 |
| 2023 | $7,221 | $24,000 | $11,000 | $13,000 |
| 2022 | $7,221 | $24,000 | $11,000 | $13,000 |
| 2021 | $5,579 | $19,568 | $6,500 | $13,068 |
| 2020 | $5,520 | $19,568 | $6,500 | $13,068 |
| 2019 | $5,563 | $21,864 | $6,500 | $15,364 |
| 2018 | $6,496 | $22,693 | $6,000 | $16,693 |
| 2017 | $6,384 | $22,693 | $6,000 | $16,693 |
| 2016 | $6,226 | $22,693 | $6,000 | $16,693 |
| 2015 | $5,303 | $18,739 | $5,500 | $13,239 |
| 2014 | $5,208 | $18,739 | $5,500 | $13,239 |
| 2013 | $5,062 | $18,739 | $5,500 | $13,239 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Thompson
Seller's Agent in 2021
Ashley Thompson
Baird Warner
(847) 818-6030
21 in this area
171 Total Sales
-
Michelle Gassensmith
Buyer's Agent in 2021
Michelle Gassensmith
Compass
(815) 861-6397
1 in this area
461 Total Sales
-
L
Buyer Co-Listing Agent in 2021
Logan Jones
Compass
(815) 382-6916
2 in this area
27 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD11000979
APN: 02-26-406-055-0000
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