NOT LISTED FOR SALE

502 E Ridge Rd Arlington Heights, IL 60004

Estimated Value: $970,531 - $1,231,000

5 Beds
3.5 Baths
3,780 Sq Ft
$279/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $655,000 $173 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,948/month

259 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Mud Room
  • Ivy Hill Elementary School Rated A-
  • Whirlpool Bathtub
  • Screened Porch

About This Home

As of October 2014

Move Right In To This Home That Offers Quality Craftsmanship Spacious Living Spaces, and A Beautiful Half Acre Lot. Contemporary Design Offers Open Floor Plan With Vaulted Ceilings, Granite Counters, Stainless Appliances, and Hardwood Floors. Second floor laundry. Located In An Area Of High End New Construction. Well Kept For Outside Watering. Don't Wait! Make It Yours Today.

Last Agent to Sell the Property

Michelle Buckun

Results Realty USA License #475130805 Listed on: 08/09/2013

Last Buyer's Agent

David Jaffe

@properties Christie?s International Real Estate License #475140147

@properties Christie?s International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,910

Year Built

  • Built in 2001

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100 x 200

Parking

  • 3.5 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Shake Roof
  • Stucco

Interior Spaces

  • 3,780 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Mud Room
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Screened Porch
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Ivy Hill Elementary School
  • Thomas Middle School
  • Buffalo Grove High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,910

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2001
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Second Floor Laundry
  • LivingArea: 3780
  • Room Type: Bedroom 5, Mud Room, Screened Porch
  • Basement Description: Unfinished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room

Exterior Features

  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 3.5
  • Number of Cars: 3.5
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public, Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: IVY HILL ELEMENTARY SCHOOL
  • High School: BUFFALO GROVE HIGH SCHOOL
  • Middle/Junior School: THOMAS MIDDLE SCHOOL

Lot Info

  • Lot Size Acres: 0.45
  • Lot Dimensions: 100 X 200
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 15910
  • Tax Year: 2012
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2013
Closed on
Oct 9, 2014
Sold by
Wier Robert S
Bought by
Haro Erick and Haro Amy C
Seller's Agent
Michelle Buckun
Results Realty USA
Buyer's Agent
David Jaffe
@properties Christie?s International Real Estate
List Price
$776,000
Sold Price
$655,000
Premium/Discount to List
-$121,000
-15.59%
Current Estimated Value
$1,056,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,383
Avg. Annual Appreciation
4.42%
Original Mortgage
$417,000
Outstanding Balance
$319,926
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$736,457

Purchase Details

Closed on
Oct 17, 2002
Sold by
Wier Adrianna S
Bought by
Wier Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,000
Interest Rate
4.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 29, 2002
Sold by
Curylo Jack
Bought by
Wier Robert S and Wier Adrianna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
6.93%

Purchase Details

Closed on
May 7, 2001
Sold by
Gilfillan Callahan Custom Residences Inc
Bought by
Curylo Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,900
Interest Rate
7.02%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 29, 2000
Sold by
Equity One Development Corp
Bought by
Gilfillan Callahan Custom Residences Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
9.5%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Cameron Karen E
Bought by
Equity One Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
9.5%

Purchase Details

Closed on
Jul 17, 1996
Sold by
Degroh Betty W
Bought by
Cameron Karen
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
Haro Erick $655,000 None Available
Wier Robert S -- Ticor Title Insurance Compan
Wier Robert S $665,000 Stewart Title
Curylo Jack $250,000 Chicago Title Insurance Co
Gilfillan Callahan Custom Residences Inc $240,000 --
Equity One Development Corp $195,000 --
Cameron Karen $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haro Erick $417,000
Previous Owner Wier Robert S $547,000
Previous Owner Wier Robert S $532,000
Previous Owner Curylo Jack $224,900
Previous Owner Gilfillan Callahan Custom Residences Inc $432,000
Previous Owner Equity One Development Corp $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2014 10/10/14 Sold $655,000 -10.3% $173 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
01/07/2014 01/07/14 Price Changed $730,000 -1.4% $193 / Sq Ft
11/14/2013 11/14/13 Price Changed $740,000 -1.3% $196 / Sq Ft
10/29/2013 10/29/13 Price Changed $750,000 -1.1% $198 / Sq Ft
09/26/2013 09/26/13 Price Changed $758,000 -0.9% $201 / Sq Ft
09/17/2013 09/17/13 Price Changed $765,000 -1.4% $202 / Sq Ft
08/09/2013 08/09/13 For Sale $776,000 -- $205 / 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 $17,011 $65,455 $10,000 $55,455
2023 $16,356 $65,455 $10,000 $55,455
2022 $16,356 $65,455 $10,000 $55,455
2021 $17,206 $60,490 $7,000 $53,490
2020 $16,828 $60,490 $7,000 $53,490
2019 $16,747 $67,212 $7,000 $60,212
2018 $17,163 $62,248 $6,000 $56,248
2017 $16,978 $62,248 $6,000 $56,248
2016 $16,071 $62,248 $6,000 $56,248
2015 $16,719 $59,247 $5,000 $54,247
2014 $16,247 $59,247 $5,000 $54,247
2013 $15,821 $59,247 $5,000 $54,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08416642

Midwest Real Estate Data (MRED)

APN: 03-17-106-014-0000