507 N Lincoln Ln Arlington Heights, IL 60004
3
Beds
2
Baths
1,531
Sq Ft
8,799
Sq Ft Lot
Highlights
- Landscaped Professionally
- Property is near a park
- Vaulted Ceiling
- Windsor Elementary School Rated A-
- Recreation Room
- Ranch Style House
About This Home
As of October 2022LIGHT AND BRIGHT - WONDERFUL LOCATION - OLD WORLD CRAFTSMANSHIP - Welcome home to this charming stone and brick ranch featuring an open floor plan and fresh decor. Beautiful stone fireplace in the living room. Tons of windows makes for very sunny spaces. The kitchen is updated with cherry cabinets, granite counters, and upscale SS appliances. Family room with vaulted ceiling overlooks the patio and private yard. Basement is finished with a rec room, full bath, and storage. TWO car garage. Windsor/South/Prospect H.S. Downtown Arlington Heights just 5 blocks away. Rec Park 3 blocks. This is a winner.
Last Agent to Sell the Property
Picket Fence Realty License #471003751 Listed on: 08/27/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,644
Year Built
- Built in 1955
Lot Details
- 8,799 Sq Ft Lot
- Lot Dimensions are 118x116x60x39x59
- Fenced Yard
- Landscaped Professionally
- Paved or Partially Paved Lot
- Irregular Lot
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,531 Sq Ft Home
- Vaulted Ceiling
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- Dining Room
- Recreation Room
- Lower Floor Utility Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Home Security
- Home Security System
- Storm Screens
Schools
- Windsor Elementary School
- South Middle School
- Prospect High School
Utilities
- Central Air
- Humidifier
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Air Purifier
- Patio
- Property is near a park
Community Details
- Eastwood Subdivision
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 21, 2016
Closed on
Nov 28, 2016
Sold by
Kostuk Gerard B and Kostuk Jessica K
Bought by
Organ Michael and Organ Sara
Seller's Agent
John Morrison
@properties Christie's International Real Estate
Buyer's Agent
Chris Demos
@properties Christie's International Real Estate
List Price
$415,000
Sold Price
$410,000
Premium/Discount to List
-$5,000
-1.2%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,735
Avg. Annual Appreciation
2.92%
Original Mortgage
$328,000
Outstanding Balance
$268,164
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$257,571
Purchase Details
Listed on
Mar 21, 2012
Closed on
Jun 21, 2012
Sold by
Wade Matt and Wade Beth D
Bought by
Kostuk Gerard B and Scott Jessica K
Seller's Agent
Matthias Rohde
Prairie Home Realty
Buyer's Agent
Lauren Hall
Compass
List Price
$379,000
Sold Price
$357,500
Premium/Discount to List
-$21,500
-5.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%
Original Mortgage
$339,550
Interest Rate
3.97%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 7, 2003
Sold by
Krueger Ronald E and Krueger Elizabeth J
Bought by
Wade Matt and Diebold Beth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,350
Interest Rate
5.96%
Mortgage Type
Balloon
Purchase Details
Closed on
Oct 1, 1993
Sold by
Foster Elizabeth J and Krueger Elizabeth J
Bought by
Krueger Ronald E and Krueger Elizabeth J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.37%
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $410,000 | Heritage Title Company | |
| Warranty Deed | $357,500 | Atgf Inc | |
| Warranty Deed | $311,500 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $328,000 | New Conventional | |
| Previous Owner | $324,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $339,550 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $247,000 | New Conventional | |
| Previous Owner | $252,000 | Unknown | |
| Previous Owner | $280,350 | Balloon | |
| Previous Owner | $156,000 | Credit Line Revolving | |
| Previous Owner | $84,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/03/2022 10/03/22 | Sold | $459,000 | 0.0% | $300 / Sq Ft |
| 08/29/2022 08/29/22 | Pending | -- | -- | -- |
| 08/27/2022 08/27/22 | For Sale | $459,000 | +12.0% | $300 / Sq Ft |
| 11/30/2016 11/30/16 | Sold | $410,000 | -1.2% | $210 / Sq Ft |
| 09/28/2016 09/28/16 | Pending | -- | -- | -- |
| 09/21/2016 09/21/16 | For Sale | $415,000 | +16.1% | $213 / Sq Ft |
| 06/22/2012 06/22/12 | Sold | $357,500 | -5.7% | $234 / Sq Ft |
| 05/11/2012 05/11/12 | Pending | -- | -- | -- |
| 03/21/2012 03/21/12 | For Sale | $379,000 | -- | $248 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $7,853 | $32,000 | $8,797 | $23,203 |
| 2023 | $7,535 | $32,000 | $8,797 | $23,203 |
| 2022 | $7,535 | $32,000 | $8,797 | $23,203 |
| 2021 | $7,779 | $29,172 | $5,498 | $23,674 |
| 2020 | $7,644 | $29,172 | $5,498 | $23,674 |
| 2019 | $7,610 | $32,414 | $5,498 | $26,916 |
| 2018 | $7,972 | $30,754 | $4,838 | $25,916 |
| 2017 | $8,869 | $30,754 | $4,838 | $25,916 |
| 2016 | $7,600 | $30,754 | $4,838 | $25,916 |
| 2015 | $6,291 | $23,928 | $4,178 | $19,750 |
| 2014 | $6,781 | $26,224 | $4,178 | $22,046 |
| 2013 | $9,508 | $34,025 | $4,178 | $29,847 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Duchek
Seller's Agent in 2022
Susan Duchek
Picket Fence Realty
(847) 951-5804
175 Total Sales
-
Andrea John
Buyer's Agent in 2022
Andrea John
Baird Warner
(847) 208-3952
16 Total Sales
-
John Morrison
Seller's Agent in 2016
John Morrison
@ Properties
(847) 409-0297
792 Total Sales
-
Chris Demos
Buyer's Agent in 2016
Chris Demos
@ Properties
(847) 692-5522
141 Total Sales
-
M
Seller's Agent in 2012
Matthias Rohde
Prairie Home Realty
-
L
Buyer's Agent in 2012
Lauren Hall
Compass
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11492848
APN: 03-29-415-007-0000
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