NOT LISTED FOR SALE

505 S Cleveland Ave Unit 324 Arlington Heights, IL 60005

Estimated Value: $224,000 - $241,060

2 Beds
-- Bath
43,500 Sq Ft
$5/Sq Ft Est. Value

About This Home

This home is located at 505 S Cleveland Ave Unit 324, Arlington Heights, IL 60005 and is currently estimated at $230,515, approximately $5 per square foot. 505 S Cleveland Ave Unit 324 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
Nov 13, 2024
Sold by
Drozdov Dmytro and Drozdova Lesia
Bought by
Liang Minchun and Liang Ying
Current Estimated Value
$230,515

Purchase Details

Closed on
Sep 19, 2018
Sold by
Rau Carl P and Rau Elaine M
Bought by
Drozdov Lesia and Drozdov Dmytro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2010
Sold by
Rembeci Pandeli and Rembeci Zana Nici
Bought by
Rau Carl P and Rau Elaine M

Purchase Details

Closed on
Mar 5, 1999
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Rembeci Pandeli and Rembeci Zana Rici

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
7.04%
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
Liang Minchun $220,000 Burnet Title
Liang Minchun $220,000 Burnet Title
Drozdov Lesia $150,000 Landtrust National Title
Rau Carl P $70,000 Pntn
Rembeci Pandeli $93,000 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drozdova Lesia $144,400
Previous Owner Drozdov Lesia $145,500
Previous Owner Rembeci Zana N Nici $140,000
Previous Owner Rembeci Pandeli V $146,395
Previous Owner Rembeci Pandeli $74,400
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 $2,798 $9,589 $247 $9,342
2017 $2,765 $9,589 $247 $9,342
2016 $2,579 $9,589 $247 $9,342
2015 $2,389 $8,090 $1,176 $6,914
2014 $2,319 $8,090 $1,176 $6,914
2013 $2,261 $8,090 $1,176 $6,914
Source: Public Records

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