NOT LISTED FOR SALE

505 S Cleveland Ave Unit 221 Arlington Heights, IL 60005

Estimated Value: $234,000 - $241,588

2 Beds
-- Bath
1,300 Sq Ft
$183/Sq Ft Est. Value

About This Home

This home is located at 505 S Cleveland Ave Unit 221, Arlington Heights, IL 60005 and is currently estimated at $238,147, approximately $183 per square foot. 505 S Cleveland Ave Unit 221 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
May 19, 2017
Sold by
Silver Beth H and Mellow Ted
Bought by
Suhak Marta
Current Estimated Value
$238,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2006
Sold by
Papazov Todor and Papazova Stefka
Bought by
Mellow Ted and Silver Beth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 7, 2004
Sold by
Bae Taek C and Bae Sung Hee
Bought by
Papazov Todor and Papazova Stefka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,950
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2001
Sold by
Community Svgs Bank
Bought by
Bae Taek C and Bae Sung Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
7.02%

Purchase Details

Closed on
Dec 12, 1994
Sold by
Mahoney Eileen C and Dorothy A Faxel Trust
Bought by
Bochenek Genowefa and Bochenek Beata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
8.25%

Purchase Details

Closed on
Dec 21, 1993
Sold by
Faxel Dorothy A
Bought by
Faxel Dorothy A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Suhak Marta -- None Available
Mellow Ted $175,000 Success Title Services Inc
Papazov Todor $161,000 Multiple
Bae Taek C $139,000 Stewart Title Company
Bochenek Genowefa $80,000 --
Faxel Dorothy A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suhak Marta $112,000
Previous Owner Mellow Ted $140,000
Previous Owner Papazov Todor $17,500
Previous Owner Papazov Todor $140,000
Previous Owner Papazov Todor $17,500
Previous Owner Papazov Todor $140,000
Previous Owner Papazov Todor $17,500
Previous Owner Papazov Todor $152,950
Previous Owner Bae Taek C $26,000
Previous Owner Bae Taek C $95,000
Previous Owner Bae Taek C $111,200
Previous Owner Community Svgs Bank $76,000
Previous Owner Bochenek Genowefa $64,000
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 $3,003 $14,284 $2,476 $11,808
2023 $2,864 $14,284 $2,476 $11,808
2022 $2,864 $14,284 $2,476 $11,808
2021 $2,661 $12,171 $309 $11,862
2020 $2,659 $12,171 $309 $11,862
2019 $2,651 $13,527 $309 $13,218
2018 $1,796 $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

Map

Illinois Cook County Arlington Heights 60005

505 S Cleveland Ave Unit 221, Arlington Heights, IL

This home is located at 505 S Cleveland Ave Unit 221, Arlington Heights, IL 60005 and is currently estimated at $238,147, approximately $183 per square foot. 505 S Cleveland Ave Unit 221 is a home located in Cook County with nearby schools including Dryden Elementary School, South Middle School, and Prospect High School.

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