NOT LISTED FOR SALE

416 S Phelps Ave Arlington Heights, IL 60004

Estimated Value: $405,000 - $471,046

3 Beds
2 Baths
1,301 Sq Ft
$340/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $275,000 $211 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,072/month

9 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Beamed Ceilings
  • Windsor Elementary School Rated A-
  • Wood Flooring
  • Detached Garage

About This Home

As of December 2020

Solid home ready for your ideas. This home has been well care for. Updated windows and roof. Three bedrooms and 1.5 bathrooms. Large kitchen with eating area. Beautiful clap board ceilings. Full basement that is partially finished. Extra large 2 car garage with lots of room for storage. Great location, close to down town Arlington Heights and great schools

Last Agent to Sell the Property

William Gonzalez

Berkshire Hathaway HomeServices Starck Real Estate License #475143120 Listed on: 10/14/2020

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Catherine Harding

Forse Real Estate LLC License #471007370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,622

Year Built

  • 1959

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Rolled Roof

Interior Spaces

  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Electric Fireplace
  • Storage Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,622

Year Built

1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 1301
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1959
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Total Sq Ft: 1301
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, Beamed Ceilings
  • Number Of Rooms: 7
  • Living Room: Dimensions: 17X17, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Wood Burning, Electric
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Marble, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Storage
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Storage, Dimensions: 38X12, On Level: Basement
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 12X9, On Level: Main Level, Flooring: Parquet, Windows: Blinds
  • Estimated Sq Ft: 1301
  • Estimated Total Finished Sq Ft: 1301
  • Main Level Sq Ft: 1301
  • Family Room: Dimensions: 38X12, On Level: Basement, Flooring: Vinyl

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Rolled)
  • Acreage: 0.182

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Schools

  • School District: 214
  • Elementary School: Windsor Elementary School
  • Middle School: South Middle School
  • High School: Prospect High School
  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 60X132
  • Parcel Identification Number: 03331140140000

Tax Info

  • Taxes: 3107.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Dec 15, 2020
Sold by
Zeitler Martin and Estate Of Ottilie Zeitler
Bought by
Horstman Thomas and Horstman Mary M
Seller's Agent
William Gonzalez
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Catherine Harding
Forse Real Estate LLC
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Current Estimated Value
$444,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,982
Avg. Annual Appreciation
10.95%
Original Mortgage
$261,250
Interest Rate
2.71%
Mortgage Type
New Conventional
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
Horstman Thomas $275,000 Attorneys Ttl Guaranty Fund
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Horstman Thomas $261,250
Closed Zeitler Ottilie $38,000
Closed Zeitler Ottilie $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $275,000 -1.8% $211 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/22/2020 10/22/20 Price Changed $280,000 -6.6% $215 / Sq Ft
10/14/2020 10/14/20 For Sale $299,900 -- $231 / 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 $7,622 $30,987 $7,920 $23,067
2023 $7,868 $33,810 $7,920 $25,890
2022 $7,868 $36,000 $7,920 $28,080
2021 $7,077 $29,505 $4,554 $24,951
2020 $3,139 $29,505 $4,554 $24,951
2019 $3,107 $32,894 $4,554 $28,340
2018 $6,706 $29,852 $3,960 $25,892
2017 $3,359 $29,852 $3,960 $25,892
2016 $3,887 $29,852 $3,960 $25,892
2015 $4,483 $26,154 $3,366 $22,788
2014 $4,261 $26,154 $3,366 $22,788
2013 $4,252 $26,154 $3,366 $22,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10898384

Midwest Real Estate Data (MRED)

APN: 03-33-114-014-0000