506 E Ridge Rd Arlington Heights, IL 60004
Estimated Value: $952,000 - $1,464,000
5
Beds
6
Baths
4,847
Sq Ft
$269/Sq Ft
Est. Value
About This Home
This home is located at 506 E Ridge Rd, Arlington Heights, IL 60004 and is currently estimated at $1,302,773, approximately $268 per square foot. 506 E Ridge Rd is a home located in Cook County with nearby schools including Ivy Hill Elementary School, Thomas Middle School, and Buffalo Grove High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 17, 2023
Sold by
Artz Janelle K and Artz Michael E
Bought by
Janelle K Artz Living Trust and Michael E Artz Living Trust
Current Estimated Value
Purchase Details
Closed on
Jul 23, 2021
Sold by
Meyer Douglas L and Meyer Karla A
Bought by
Artz Janelle K and Artz Michael E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$964,000
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 2, 2006
Sold by
Wittmeyer Ronald F and Wittmeyer Carol A
Bought by
Meyer Douglas L and Meyer Karla A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,400
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Feb 24, 2003
Sold by
Ott Donald E and Ott Joyce
Bought by
Wittmeyer Ronald F and Wittmeyer Carol A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6%
Mortgage Type
Balloon
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Janelle K Artz Living Trust | -- | None Listed On Document | |
Artz Janelle K | $1,205,000 | Fidelity National Title | |
Meyer Douglas L | $495,500 | Golden Title | |
Wittmeyer Ronald F | $362,500 | Atgf Inc |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Artz Janelle K | $964,000 | |
Previous Owner | Meyer Douglas L | $335,000 | |
Previous Owner | Meyer Douglas L | $114,500 | |
Previous Owner | Meyer Douglas L | $398,000 | |
Previous Owner | Meyer Douglas L | $410,000 | |
Previous Owner | Meyer Douglas L | $417,000 | |
Previous Owner | Meyer Douglas L | $150,000 | |
Previous Owner | Meyer Douglas L | $396,400 | |
Previous Owner | Wittmeyer Ronald F | $290,000 | |
Previous Owner | Ott Donald E | $142,000 |
Source: Public Records
Tax History Compared to Growth
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 | $15,107 | $58,500 | $10,000 | $48,500 |
2023 | $14,522 | $58,500 | $10,000 | $48,500 |
2022 | $14,522 | $58,500 | $10,000 | $48,500 |
2021 | $16,568 | $58,370 | $7,000 | $51,370 |
2020 | $16,206 | $58,370 | $7,000 | $51,370 |
2019 | $16,128 | $64,856 | $7,000 | $57,856 |
2018 | $17,861 | $64,641 | $6,000 | $58,641 |
2017 | $17,668 | $64,641 | $6,000 | $58,641 |
2016 | $16,715 | $64,641 | $6,000 | $58,641 |
2015 | $16,650 | $59,013 | $5,000 | $54,013 |
2014 | $16,180 | $59,013 | $5,000 | $54,013 |
2013 | $15,756 | $59,013 | $5,000 | $54,013 |
Source: Public Records
Map
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