NOT LISTED FOR SALE

517 S Banbury Rd Arlington Heights, IL 60005

Estimated Value: $665,000 - $766,000

4 Beds
3 Baths
1,600 Sq Ft
$448/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $425,000 $266 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,031/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Landscaped Professionally
  • Whirlpool Bathtub
  • Prospect High School Rated A+
  • Wood Flooring
  • Great Room

About This Home

As of December 2016

Located in the heart of the popular Scarsdale neighborhood, this is the home you've been waiting for! Great location is close to downtown shops, schools and parks. Beautiful colonial style home offers hardwood floors and crown molding. Enjoy entertaining in the large living room featuring a brick fireplace, opening to the formal dining room accented with library panel. Custom cabinetry & corian counters in the kitchen with a bay window breakfast room. Custom built in desk and breakfast bar in the kitchen. First floor den or home office with bay window. On the 2nd floor, all 4 bedrooms are generously sized. Master bedroom has private bath with whirlpool tub, walk in closet. You'll find a 2nd fireplace in the lower level great room. Plus a large laundry and storage room. Enjoy summer afternoons on the private backyard patio. Detached 2 car garage. Desirable GSD 25: Dryden elementary school, South middle school & Prospect high school district 214. Near Metra train for your work commute

Last Agent to Sell the Property

Jim Starwalt

Better Homes and Garden Real Estate Star Homes License #471010243 Listed on: 08/30/2016

Better Homes and Garden Real Estate Star Homes

Last Buyer's Agent

Jamie Phillips

Matthew Phillips License #475147261

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,602

Year Built

  • 1954

Lot Details

  • 8,712

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Great Room
  • Den
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Landscaped Professionally

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,602

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1954
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 10
  • Living Room: Dimensions: 19X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher
  • Equipment: Humidifier, Security System, Ceiling Fan
  • Fireplace Location: Living Room, Basement
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Den, Great Room
  • Master Bedroom: Dimensions: 16X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Den, Dimensions: 17X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Great Rm, Dimensions: 25X13, On Level: Basement
  • Bedroom 2: Dimensions: 17X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1600
  • Dining Room Type: Separate
  • Family Room: Dimensions: 18X11, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.2043

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 214
  • Elementary School: DRYDEN ELEMENTARY SCHOOL
  • Middle School: SOUTH MIDDLE SCHOOL
  • High School: PROSPECT HIGH SCHOOL
  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 50 X 56 X 102 X 50 X 125 X 74
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 03322300030000

Tax Info

  • Taxes: 10047.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2016
Closed on
Dec 23, 2016
Sold by
Grant Brian E and Grant Margaret A
Bought by
Phillips Timothy and Phillips Jamie
Seller's Agent
Jim Starwalt
Better Homes and Garden Real Estate Star Homes
Buyer's Agent
Jamie Phillips
Matthew Phillips
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$716,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,527
Avg. Annual Appreciation
6.31%
Original Mortgage
$42,500
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 13, 2004
Sold by
Nelson Mark A and Nelson Sharon K
Bought by
Grant Brian E and Grant Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 1997
Sold by
Tostlebe William S
Bought by
Nelson Mark A and Nelson Sharon K

Purchase Details

Closed on
Jun 1, 1996
Sold by
Tostlebe William S and Tostlebe Nancy A
Bought by
Tostlebe William S and Tostlebe Nancy A
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
Phillips Timothy $425,000 Greater Illinois Title
Grant Brian E $575,000 Rtc
Nelson Mark A $340,000 --
Tostlebe William S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Timothy $193,600
Closed Phillips Timothy $193,600
Open Phillips Timothy $405,000
Closed Phillips Timothy $408,000
Closed Phillips Timothy $408,000
Closed Phillips Timothy $408,000
Closed Phillips Timothy $42,500
Previous Owner Grant Brian E $460,000
Previous Owner Nelson Mark A $286,000
Closed Grant Brian E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2016 12/27/16 Sold $425,000 0.0% $266 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $425,000 -- $266 / 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 $13,602 $56,468 $13,350 $43,118
2023 $13,072 $53,000 $13,350 $39,650
2022 $13,072 $53,000 $13,350 $39,650
2021 $10,578 $38,471 $7,342 $31,129
2020 $10,371 $38,471 $7,342 $31,129
2019 $10,360 $42,889 $7,342 $35,547
2018 $11,932 $44,324 $6,452 $37,872
2017 $12,783 $44,324 $6,452 $37,872
2016 $11,250 $44,324 $6,452 $37,872
2015 $10,333 $37,620 $5,562 $32,058
2014 $10,047 $37,620 $5,562 $32,058
2013 $9,778 $37,620 $5,562 $32,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09329328

Midwest Real Estate Data (MRED)

APN: 03-32-230-003-0000