NOT LISTED FOR SALE

42 S Ridge Ave Arlington Heights, IL 60005

Estimated Value: $475,000 - $596,000

3 Beds
2 Baths
1,569 Sq Ft
$336/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $268,000 $171 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,794/month

23 Days on Market

Highlights

  • Wood Flooring
  • Galley Kitchen
  • Hot Water Heating System
  • Westgate Elementary School Rated 9+
  • Attached Garage
  • East or West Exposure

About This Home

As of June 2018

ATTENTION REHABBERS, IF YOU'RE LOOKING FOR A REHAB OPPORTUNITY THEN THIS HOME IS FOR YOU! SIMPLE REMODELING WILL MAKE THIS HOME A WINNER IN DOWNTOWN ARLINGTON HEIGHTS! WALK TO TRAIN AND DOWNTOWN ARLINGTON HEIGHTS CLUBS, SHOPS, AND RESTAURANTS! A FANTASTIC LOCATION AND HOME FOR YOU TO START HOME OWNERSHIP AND FORGET RENTING FOREVER. IMMACULATE HOME WITH HARDWOOD FLOORS, SOME NEW WINDOWS, FIRST FLOOR FAMILY ROOM ADDITION, AND BACK YARD PERFECT FOR ENTERTAINING FRIENDS AND FAMILY, OR YOUR PETS! CLOSE TO PIONEER PARK AND POOL, TENNIS COURTS, AND SCHOOLS! WHETHER YOU'RE LOOKING TO START HOME OWNERSHIP, OR BECOME A REAL ESTATE INVESTOR BY BUYING THIS HOME AND RENTING IT OUT, THERE'S A LOT OF OPPORTUNITY WITH THIS FANTASTIC HOME!

Last Agent to Sell the Property

Kathy Barkulis

RE/MAX Suburban Listed on: 04/20/2018

RE/MAX Suburban

Last Buyer's Agent

Nicole Minier

Coldwell Banker Real Estate Group License #471019200

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,950

Year Built

  • 1951

Lot Details

  • 6,098

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Wood Flooring
  • Partial Basement
  • East or West Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,950

Year Built

1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1951
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 19X11, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: CO Detectors, Ceiling Fan
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 14X6, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: 12X7, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 12X8, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1569
  • Dining Room Type: L-shaped
  • Family Room: Dimensions: 19X13, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: E (East)
  • Acreage: 0.1423

Garage/Parking

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

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Condo/Co-op/Association

  • Assessed Sq Ft: 1569

Schools

  • School District: 214
  • Elementary School: WESTGATE ELEMENTARY SCHOOL
  • Middle School: SOUTH MIDDLE SCHOOL
  • High School: ROLLING MEADOWS HIGH SCHOOL
  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 50 X 124
  • Parcel Identification Number: 03304220150000

Tax Info

  • Taxes: 6903.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jun 22, 2018
Sold by
Smart Peter
Bought by
Kent John and Kent Alexandra
Seller's Agent
Kathy Barkulis
RE/MAX Suburban
Buyer's Agent
Nicole Minier
Coldwell Banker Real Estate Group
List Price
$285,000
Sold Price
$268,000
Premium/Discount to List
-$17,000
-5.96%
Current Estimated Value
$526,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,139
Avg. Annual Appreciation
8.68%
Original Mortgage
$269,037
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 1999
Sold by
Gillespie Gary E and Gillespie Doris A
Bought by
Smart Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
7.1%

Purchase Details

Closed on
Jun 26, 1991
Sold by
Gillespie Lorraine B
Bought by
Gillespie Gary E and Gillespie Doris A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
7%
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
Kent John $274,000 Attorney
Smart Peter $183,000 1St American Title
Gillespie Gary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kent John $266,440
Closed Kent John $267,212
Closed Kent John $269,037
Previous Owner Smart Peter $146,400
Previous Owner Gillespie Gary E $61,000
Previous Owner Gillespie Gary E $115,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $268,000 -4.3% $171 / Sq Ft
05/13/2018 05/13/18 Pending -- -- --
05/08/2018 05/08/18 Price Changed $280,000 -1.8% $178 / Sq Ft
04/20/2018 04/20/18 For Sale $285,000 -- $182 / 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 $10,950 $40,000 $6,200 $33,800
2023 $10,546 $40,000 $6,200 $33,800
2022 $10,546 $40,000 $6,200 $33,800
2021 $8,315 $27,622 $3,875 $23,747
2020 $8,100 $27,622 $3,875 $23,747
2019 $8,058 $30,692 $3,875 $26,817
2018 $7,216 $28,163 $3,410 $24,753
2017 $7,149 $28,163 $3,410 $24,753
2016 $6,903 $28,163 $3,410 $24,753
2015 $6,689 $25,277 $2,945 $22,332
2014 $6,509 $25,277 $2,945 $22,332
2013 $6,329 $25,277 $2,945 $22,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09922734

Midwest Real Estate Data (MRED)

APN: 03-30-422-015-0000