$357,500
SOLD JUN 22, 2012

507 N Lincoln Ln Arlington Heights, IL 60004

3 Beds
2 Baths
1,531 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$234 Per Sq Ft

6% Below List Price

51 Days on Market

Highlights

  • Landscaped Professionally
  • Fenced Yard
  • Central Air
  • Windsor Elementary School Rated A-

About This Home

As of October 2022

EXTENSIVELY UPDATED AND BEAUTIFULLY DECORATED RANCH LEAVES NOTHING TO DO BUT TO MOVE IN! *New Gourmet Kitchen*Stainless Steel Appliances*Granite Counters*Remodeled Baths*New Windows & Doors*Woodburning Fireplace*Cove Moldings*Dark Hardwood Floors*Spectacular Finished Basement*Private Landscaped Backyard with Patio*2 Car attached Garage*Walk to Rec Park & Downtown for Train & Shopping*Great Schools* Too much to list..

Last Agent to Sell the Property

Matthias Rohde

Prairie Home Realty Listed on: 03/21/2012

Last Buyer's Agent

Lauren Hall

Compass License #475150428

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $7,853

Year Built

  • 1955

Lot Details

  • Fenced Yard
  • Landscaped Professionally
  • Irregular Lot

Parking

  • Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Stone Siding
  • Cedar

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Windsor Elementary School
  • Prospect High School

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$7,853

Year Built

1955

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 9
  • Fireplace Type/Details: Wood Burning
  • Fireplaces: 1
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 13X11
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 12X11
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 11X10
  • Third Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 20X16
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: 12X10
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 15X13
  • Family Room Flooring: Carpet
  • Kitchen Level: Main Level
  • Kitchen Size: 13X10
  • Kitchen Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Cedar, Stone
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Transmitter(s)
  • Driveway: Concrete

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Not Applicable

Schools

  • Elementary School: Windsor Elementary School
  • High School: Prospect High School
  • Junior High Dist: 25
  • Junior High: South Middle School

Lot Info

  • Lot Dimensions: 118X116X60X39X59
  • Lot Description: Fenced Yard, Irregular, Landscaped Professionally

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
$525,735

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%
Source: Public Records

Range of Values:

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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 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

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 $7,853 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08023783

Midwest Real Estate Data (MRED)

APN: 03-29-415-007-0000