NOT LISTED FOR SALE

512 E Burning Tree Ln Arlington Heights, IL 60004

Estimated Value: $657,233 - $728,000

4 Beds
4 Baths
3,000 Sq Ft
$232/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $425,000 $142 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,634/month

20 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Skylights
  • Buffalo Grove High School Rated A+
  • Home Office
  • Attached Garage

About This Home

As of November 2015

Located on a private wooded cul-de-sac in desirable Northgate neighborhood, this wonderful home features large kitchen & family room spaces rare to the area. You'll love the ease of daily living combined with the ability to entertain a huge crowd. The original dining room is currently shown as an office. French doors could be added for privacy, or imagine other possibilities with children's playroom/den, or convert to 1st floor bedroom w/possibility of converting powder room to first floor bath. Other amenities include a huge 2nd bedroom, dramatic vaulted ceilings, & large mud room. The basement has a full bath. Partially finished now and great for recreation or finish further for even more living space. You'll appreciate the oversized garage and love the large private yard. Close to schools including award winning Buffalo Grove High School recently ranked one of the Best High Schools in the Nation.

Last Agent to Sell the Property

Shaunna Burhop

Baird & Warner License #475144690 Listed on: 09/17/2015

Baird & Warner

Last Buyer's Agent

Victoria Mullins

Haus & Boden, Ltd. License #475134514

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,085

Year Built

  • 1984

Lot Details

  • 0.27

Parking

  • Attached Garage
  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Space is Owned
  • Garage Is Owned

Home Design

  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Home Office
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Soaking Tub

Partially Finished Basement

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,200 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,085

Year Built

1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 31-40 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1984
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1984

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 12X18, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Fireplace Details: Gas Starter
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 5X7, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Dimensions: 18X19, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Office
  • Master Bedroom: Dimensions: 16X17, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 1 Name: Office, Dimensions: 11X13, On Level: Main Level, Flooring: Parquet, Windows: Curtains/Drapes
  • Bedroom 2: Dimensions: 12X18, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 11X12, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 4: Dimensions: 11X13, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 3000
  • Family Room: Dimensions: 20X21, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Acreage: 0.2732

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage, Space/s
  • Parking Details: Off Street
  • Number Parking Spaces: 1
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 214
  • Elementary School: J W RILEY ELEMENTARY SCHOOL
  • Middle School: JACK LONDON MIDDLE SCHOOL
  • High School: BUFFALO GROVE HIGH SCHOOL
  • Junior High Dist: 21

Lot Info

  • Lot Dimensions: 68X170X67X170
  • Parcel Identification Number: 03083030430000

Tax Info

  • Taxes: 12897.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2015
Closed on
Nov 12, 2015
Sold by
Wong Baldwin M and Wong Jenny C
Bought by
Smith Daniel W and Smith Mark Jennifer
Seller's Agent
Shaunna Burhop
Baird & Warner
Buyer's Agent
Victoria Mullins
Haus & Boden, Ltd.
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Current Estimated Value
$696,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,308
Avg. Annual Appreciation
5.18%
Original Mortgage
$340,000
Outstanding Balance
$267,800
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$428,508

Purchase Details

Closed on
Dec 31, 2010
Sold by
Appelt Vivian M
Bought by
Appelt Vivian M and Wong Baldwin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2010
Sold by
Appelt David G
Bought by
Appelt Vivian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2003
Sold by
Liv Shaner Eleanor J
Bought by
Appelt David G and Appelt Vivian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
5.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 2, 1998
Sold by
Shaner Thomas F and Shaner Eleanor J
Bought by
Liv Shaner Eleanor J and Eleanor J Shaner Revocable Living Tr #11
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
Smith Daniel W $425,000 Attorney
Appelt Vivian M -- Specialty Title Service Inc
Appelt Vivian M -- Specialty Title Service Inc
Appelt David G $486,000 Atgf Inc
Appelt David G $486,000 Atgf Inc
Liv Shaner Eleanor J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Daniel W $340,000
Previous Owner Appelt Vivian M $163,000
Previous Owner Appelt David G $322,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $425,000 -5.6% $142 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $450,000 -- $150 / 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 $10,085 $35,494 $5,950 $29,544
2023 $10,960 $35,494 $5,950 $29,544
2022 $10,960 $40,116 $5,950 $34,166
2021 $11,719 $37,206 $4,165 $33,041
2020 $12,994 $41,693 $4,165 $37,528
2019 $13,070 $46,326 $4,165 $42,161
2018 $13,286 $42,500 $3,570 $38,930
2017 $13,061 $42,500 $3,570 $38,930
2016 $12,489 $42,500 $3,570 $38,930
2015 $13,000 $40,930 $2,975 $37,955
2014 $12,828 $40,930 $2,975 $37,955
2013 $11,908 $40,930 $2,975 $37,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09041055

Midwest Real Estate Data (MRED)

APN: 03-08-303-043-0000