NOT LISTED FOR SALE

502 S Patton Ave Arlington Heights, IL 60005

Estimated Value: $573,000 - $659,000

4 Beds
3 Baths
1,992 Sq Ft
$309/Sq Ft Est. Value

About This Home

This home is located at 502 S Patton Ave, Arlington Heights, IL 60005 and is currently estimated at $616,483, approximately $309 per square foot. 502 S Patton Ave is a home located in Cook County with nearby schools including Westgate Elementary School, South Middle School, and Rolling Meadows High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2019
Sold by
Lowe Kevin A and Lowe Lisa
Bought by
Lowe Kevin A and Lowe Lisa
Current Estimated Value
$616,483

Purchase Details

Closed on
Dec 30, 1994
Sold by
Kelly Michael P and Kelly Gail E
Bought by
Lowe Kevin A and Lowe Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
9.28%

Purchase Details

Closed on
Nov 29, 1993
Sold by
Shimkus Robert J and Shimkus Jacqueline J
Bought by
Kelly Michael P and Kelly Gail E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.95%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Lowe Kevin A -- Attorney
Lowe Kevin A $225,000 Attorneys Title Guaranty Fun
Kelly Michael P $135,333 Attorneys Title Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Kevin A $215,000
Closed Lowe Kevin A $200,000
Closed Lowe Kevin A $93,000
Closed Lowe Kevin A $220,000
Closed Lowe Kevin A $175,000
Previous Owner Kelly Michael P $180,000
Source: Public Records

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 $12,233 $48,000 $6,970 $41,030
2023 $11,754 $48,000 $6,970 $41,030
2022 $11,754 $48,000 $6,970 $41,030
2021 $9,779 $35,818 $5,445 $30,373
2020 $9,593 $35,818 $5,445 $30,373
2019 $9,560 $39,842 $5,445 $34,397
2018 $10,170 $38,285 $4,791 $33,494
2017 $10,068 $38,285 $4,791 $33,494
2016 $9,626 $38,285 $4,791 $33,494
2015 $8,686 $32,040 $4,138 $27,902
2014 $8,448 $32,040 $4,138 $27,902
2013 $8,219 $32,040 $4,138 $27,902
Source: Public Records

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