NOT LISTED FOR SALE

506 W Thomas St Unit 2 Arlington Heights, IL 60004

Estimated Value: $367,000 - $459,000

3 Beds
2 Baths
1,135 Sq Ft
$365/Sq Ft Est. Value

Last Sold May 12, 2016

Last sale price $208,000 $183 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,778/month

90 Days on Market

Highlights

  • Den
  • Attached Garage
  • 3-minute walk to Hasbrook Park
  • Patton Elementary School Rated 10
  • Forced Air Heating and Cooling System

About This Home

As of May 2016

Three bedroom ranch home in Hasbrook subdivision! Fenced yard has in-ground pool. Just painted with neutral colors throughout! Just a block away from Hasbrook Park. Close to schools, shopping, and restaurants. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Frank DeNovi

Compass License #471009494 Listed on: 12/15/2015

Compass

Last Buyer's Agent

Boguslaw Rola

Arc Red Inc Arc Realty Group License #475130949

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,031

Year Built

  • 1958

Lot Details

  • 8,712

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Den

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,031

Year Built

1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1 Story
  • Estimated Year Built: 1958
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 18X12, On Level: Main Level
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 13X9, On Level: Main Level
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level
  • Additional Room 1 Name: Den, Dimensions: 9X8, On Level: Main Level
  • Bedroom 2: Dimensions: 12X9, On Level: Main Level
  • Bedroom 3: Dimensions: 12X9, On Level: Main Level
  • Estimated Sq Ft: 1135

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame
  • Acreage: 0.2089

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 214
  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 70X130
  • Parcel Identification Number: 03192080170000

Tax Info

  • Taxes: 5712.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2015
Closed on
Apr 12, 2016
Sold by
Fannie Mae
Bought by
Nowakowski Piotr and Nowakowski Magdalena B
Seller's Agent
Frank DeNovi
Compass
Buyer's Agent
Boguslaw Rola
Arc Red Inc Arc Realty Group
List Price
$257,240
Sold Price
$208,000
Premium/Discount to List
-$49,240
-19.14%
Current Estimated Value
$414,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,680
Avg. Annual Appreciation
7.62%
Original Mortgage
$166,400
Outstanding Balance
$133,523
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$281,157

Purchase Details

Closed on
Oct 3, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 7, 2014
Sold by
Hembd Ronald S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 10, 1998
Sold by
Furlong William J and Furlong Carolyn M
Bought by
Hembd Ronald S and Hembd Lynne M
Source: Public Records

Range of Values:

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Average Value
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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
Nowakowski Piotr -- First American Title
Federal National Mortgage Association -- None Available
Federal National Mortgage Association -- None Available
Hembd Ronald S $153,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nowakowski Piotr $166,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2016 05/12/16 Sold $208,000 -3.5% $183 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
02/19/2016 02/19/16 Price Changed $215,500 -8.3% $190 / Sq Ft
01/20/2016 01/20/16 Price Changed $235,000 -8.6% $207 / Sq Ft
12/15/2015 12/15/15 For Sale $257,240 -- $227 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $7,031 $29,001 $6,598 $22,403
2023 $6,744 $29,001 $6,598 $22,403
2022 $6,744 $29,001 $6,598 $22,403
2021 $5,972 $23,170 $4,777 $18,393
2020 $5,884 $23,170 $4,777 $18,393
2019 $5,874 $25,802 $4,777 $21,025
2018 $5,187 $21,210 $4,095 $17,115
2017 $5,143 $21,210 $4,095 $17,115
2016 $5,705 $21,210 $4,095 $17,115
2015 $5,885 $19,930 $3,640 $16,290
2014 $5,713 $19,930 $3,640 $16,290
2013 $5,569 $19,930 $3,640 $16,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09102451

Midwest Real Estate Data (MRED)

APN: 03-19-208-017-0000