NOT LISTED FOR SALE

425 S Phelps Ave Arlington Heights, IL 60004

Estimated Value: $452,000 - $513,000

3 Beds
2 Baths
1,189 Sq Ft
$397/Sq Ft Est. Value

Last Sold August 13, 2015

Last sale price $262,000 $220 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,052/month

19 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Skylights
  • Windsor Elementary School Rated A-
  • Wood Flooring
  • Attached Garage

About This Home

As of August 2015

Charming ranch on an amazing lot located in a highly desirable neighborhood. Large remodeled kitchen & baths including a master bath, hardwood floors, beautiful yard & deck! Tear off roof - 2010. Freshly painted inside & out! Attached tandem garage offering more space. Award winning Elem. Dist. 25 & 9th ranked highschool, Prospect High School. Nestled in between MP & AH. 1.8 miles to Arlington Hts. Metra & downtown!

Last Agent to Sell the Property

Julia Nicoll

Coldwell Banker Real Estate Group License #475142195 Listed on: 06/04/2015

Coldwell Banker Real Estate Group

Last Buyer's Agent

Jen Nardone

Keller Williams Success Realty License #475162850

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,579

Year Built

  • 1958

Lot Details

  • 8,973

Parking

  • Attached Garage
  • Garage Transmitter
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Skylights
  • Wood Flooring
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • East or West Exposure
  • Property is near a bus stop

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,579

Year Built

1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Interior Property Features: Skylight(s), Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: CO Detectors, Ceiling Fan
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 18X11, On Level: Main Level, Flooring: Ceramic Tile, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1189

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Exterior Property Features: Deck
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Tandem
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

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: 68X132
  • Parcel Identification Number: 03331150250000

Tax Info

  • Taxes: 5342

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2017
Sold by
Koroll Kenneth L
Bought by
Brennan Kathleen B
Current Estimated Value
$457,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,400
Outstanding Balance
$114,591
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$322,290

Purchase Details

Closed on
Jan 13, 2016
Sold by
Koroll Kenneth
Bought by
Koroll Kenneth L and Kenneth L Koroll Trust

Purchase Details

Listed on
Jun 4, 2015
Closed on
Aug 11, 2015
Sold by
Ephraim Enterprises Inc
Bought by
Koroll Kenneth
Seller's Agent
Julia Nicoll
Coldwell Banker Real Estate Group
Buyer's Agent
Jen Nardone
Keller Williams Success Realty
List Price
$284,900
Sold Price
$262,000
Premium/Discount to List
-$22,900
-8.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$209,600
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2009
Sold by
Drost Charles B and Drost Tracy H
Bought by
Ephraim Enterprises Inc

Purchase Details

Closed on
Oct 12, 2007
Sold by
Patrick A Finn Ltd
Bought by
Drost Charles B and Drost Tracy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 16, 2002
Sold by
Mager Frank J and Mager Patricia A
Bought by
Patrick A Finn Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
4.75%

Purchase Details

Closed on
Nov 29, 1994
Sold by
Mccollum Harry T
Bought by
Mager Frank J and Mager Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
8.62%
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
Brennan Kathleen B $271,000 Baird & Warner Title Service
Koroll Kenneth L -- Attorney
Koroll Kenneth $262,000 Ct
Ephraim Enterprises Inc -- None Available
Drost Charles B $280,000 None Available
Patrick A Finn Ltd $247,000 --
Mager Frank J $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brennan Kathleen B $135,400
Previous Owner Koroll Kenneth $209,600
Previous Owner Drost Charles B $100,000
Previous Owner Drost Charles B $196,000
Previous Owner Drost Charles $196,000
Previous Owner Patrick A Finn Ltd $197,000
Previous Owner Patrick A Finn Ltd $197,000
Previous Owner Mager Frank J $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2015 08/13/15 Sold $262,000 -4.7% $220 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
06/12/2015 06/12/15 Price Changed $274,900 -3.5% $231 / Sq Ft
06/04/2015 06/04/15 For Sale $284,900 -- $240 / 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 $6,579 $30,000 $8,976 $21,024
2023 $6,287 $30,000 $8,976 $21,024
2022 $6,287 $30,000 $8,976 $21,024
2021 $6,288 $26,882 $5,161 $21,721
2020 $6,245 $26,882 $5,161 $21,721
2019 $6,660 $31,540 $5,161 $26,379
2018 $5,845 $26,213 $4,488 $21,725
2017 $5,807 $26,213 $4,488 $21,725
2016 $7,050 $26,213 $4,488 $21,725
2015 $5,644 $19,116 $3,814 $15,302
2014 $5,480 $19,116 $3,814 $15,302
2013 $5,342 $19,116 $3,814 $15,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08942643

Midwest Real Estate Data (MRED)

APN: 03-33-115-025-0000