NOT LISTED FOR SALE

407 S Patton Ave Arlington Heights, IL 60005

Estimated Value: $462,000 - $500,040

3 Beds
2 Baths
1,006 Sq Ft
$485/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $450,000 $447 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,192/month

1 Day on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • Community Pool
  • Westgate Elementary School Rated 10
  • Sun or Florida Room
  • Tennis Courts

About This Home

As of May 2023

Just minutes to everything that downtown Arlington Heights has to offer this lovingly maintained home is exactly what you have been looking for. Floor plan to include: eat-in kitchen with ample cabinet space, sun drenched family room and adorable sunroom leading to sprawling private backyard. Three generously sized bedrooms with wood flooring. Lower level suited with large recreation room, bar area and additional full bathroom. Prime location: close to award winning schools, parks, restaurants, train, shopping and so much more. Estate Sale: AS-IS condition

Last Agent to Sell the Property

Maria DelBoccio

@properties Christie?s International Real Estate License #475146842 Listed on: 04/25/2023

@properties Christie?s International Real Estate

Last Buyer's Agent

Kandace Kmet

Weichert REALTORS Signature Professionals

Weichert REALTORS Signature Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,120

Year Built

  • Built in 1961

Lot Details

  • 8,625 Sq Ft Lot
  • Lot Dimensions are 66 x 132

Parking

  • 1 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home
  • Bi-Level Home
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,006 Sq Ft Home
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Sustainable

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Finished Basement Bathroom

Location

  • Property is near a park

Schools

  • Westgate Elementary School
  • South Middle School
  • Rolling Meadows High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Community Details

  • Tennis Courts
  • Community Pool

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,120

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • Levels: Bi-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Oven, Range Hood, Gas Cooktop
  • Basement: Finished, Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1006
  • Room Type: Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Foundation Details: Block
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Sidewalks
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Westgate Elementary School
  • High School: Rolling Meadows High School
  • Middle/Junior School: South Middle School

Lot Info

  • Lot Size Acres: 0.198
  • Lot Dimensions: 66 X 132
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4120.38
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
May 25, 2023
Sold by
Armella M Maguire Trust
Bought by
Bart Zachary J and Bart Nicholas
Seller's Agent
Maria DelBoccio
@properties Christie?s International Real Estate
Buyer's Agent
Kandace Kmet
Weichert REALTORS Signature Professionals
List Price
$385,000
Sold Price
$450,000
Premium/Discount to List
$65,000
16.88%
Views
1
Current Estimated Value
$487,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,510
Avg. Annual Appreciation
3.36%
Original Mortgage
$336,000
Outstanding Balance
$327,058
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$160,452

Purchase Details

Closed on
Nov 24, 1999
Sold by
Maguire Daniel P and Maguire Armella M
Bought by
Maguire Daniel P and Maguire Armella M
Source: Public Records

Range of Values:

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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
Bart Zachary J $445,000 First American Title
Maguire Daniel P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bart Zachary J $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2023 05/30/23 Sold $450,000 +16.9% $447 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $385,000 -- $383 / 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 $7,674 $34,000 $6,917 $27,083
2023 $3,706 $34,000 $6,917 $27,083
2022 $3,706 $34,000 $6,917 $27,083
2021 $4,120 $28,941 $5,403 $23,538
2020 $3,739 $28,941 $5,403 $23,538
2019 $3,701 $32,193 $5,403 $26,790
2018 $5,040 $24,142 $4,755 $19,387
2017 $4,001 $24,142 $4,755 $19,387
2016 $4,519 $24,142 $4,755 $19,387
2015 $5,212 $22,201 $4,106 $18,095
2014 $4,954 $22,201 $4,106 $18,095
2013 $4,419 $22,201 $4,106 $18,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11767215

Midwest Real Estate Data (MRED)

APN: 03-31-109-002-0000