NOT LISTED FOR SALE

505 S Cleveland Ave Unit 127 Arlington Heights, IL 60005

Estimated Value: $222,000 - $236,000

2 Beds
-- Bath
1,300 Sq Ft
$177/Sq Ft Est. Value

About This Home

This home is located at 505 S Cleveland Ave Unit 127, Arlington Heights, IL 60005 and is currently estimated at $230,535, approximately $177 per square foot. 505 S Cleveland Ave Unit 127 is a home located in Cook County with nearby schools including Dryden Elementary School, South Middle School, and Prospect High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2015
Sold by
Kelley David W and Kelley Lori A
Bought by
Madnick Michael S and The Michael S Madnick Trust
Current Estimated Value
$230,535

Purchase Details

Closed on
Feb 29, 2008
Sold by
La Salle Bank Na
Bought by
Kelley David W and Kelley Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,070
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2007
Sold by
Mennis Christopher and Case #06 Ch 27857
Bought by
Lasalle Bank Na and Mlmi Trust Series 2006-Rmi

Purchase Details

Closed on
Dec 12, 2005
Sold by
Riley Thomas
Bought by
Mennis Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,250
Interest Rate
6.48%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 17, 2004
Sold by
Gustavson Florence R and Shepardson Mary Beth
Bought by
Riley Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2002
Sold by
Gustavson Eric A
Bought by
Gustavson Eric A
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
Madnick Michael S $119,000 Chicago Title Insurance Co
Kelley David W $150,500 Ticor
Lasalle Bank Na -- None Available
Mennis Christopher $175,000 1St American Title
Riley Thomas $155,000 Professional National Title
Gustavson Eric A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelley David W $105,070
Previous Owner Mennis Christopher $26,250
Previous Owner Mennis Christopher $140,000
Previous Owner Riley Thomas $139,500
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 $3,910 $14,284 $2,476 $11,808
2023 $3,766 $14,284 $2,476 $11,808
2022 $3,766 $14,284 $2,476 $11,808
2021 $3,664 $12,171 $309 $11,862
2020 $3,569 $12,171 $309 $11,862
2019 $3,552 $13,527 $309 $13,218
2018 $2,798 $9,589 $247 $9,342
2017 $2,765 $9,589 $247 $9,342
2016 $2,579 $9,589 $247 $9,342
2015 $2,487 $8,423 $1,176 $7,247
2014 $2,414 $8,423 $1,176 $7,247
2013 $2,354 $8,423 $1,176 $7,247
Source: Public Records

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