NOT LISTED FOR SALE

520 S Waterman Ave Arlington Heights, IL 60004

Estimated Value: $481,000 - $504,830

2 Beds
2 Baths
1,405 Sq Ft
$353/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $455,000 $324 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,404/month

2 Days on Market

Highlights

  • Ranch Style House
  • Bonus Room
  • Screened Porch
  • Windsor Elementary School Rated A-
  • L-Shaped Dining Room
  • 4-minute walk to Meadows Park

About This Home

As of May 2024

*****BROKERS PLEASE NOTE PER SELL REQUEST ALL OFFERS DUE MONDAY THE 15TH OF APRIL BY 7PM NO EXCEPTIONS******MULTIPLE OFFERS RECEIVED *****Welcome to this charming home nestled in Arlington Heights in a picturesque neighborhood. As you step inside, you'll be greeted by the inviting L-shaped living room and dining room, perfect for entertaining guests or simply unwinding after a long day. The seamless flow leads to a fantastic screened porch, where you can enjoy the fresh air and serene views of the backyard. Originally a three-bedroom home, the property was thoughtfully converted into a two-bedroom layout on the main floor by the previous owner. The current owners were captivated by the spacious Primary bedroom and opted to retain its generous proportions. This decision adds a unique touch to the home's layout, offering versatility and comfort. The kitchen has ample cabinetry for storage, sleek Corian countertops, and stainless steel appliances. The lower level of the home features a great-sized recreation room, ideal for family fun nights or creating a great entertainment space. An additional bedroom, a second full bath, bonus room and generous storage complete this level, providing flexibility and convenience. Step outside into the tranquil backyard, where the peaceful surroundings invite you to relax and unwind. Take a virtual tour through the photos to fully appreciate the beauty of this outdoor space. With a one-car attached garage and proximity to downtown Arlington Heights and Mount Prospect, this home offers convenience at every turn. Explore fantastic restaurants, charming cafes, delightful bakeries, and convenient shopping options close by. Don't miss your chance to make this delightful property your own. Schedule your appointment today and experience the best of Arlington Heights living!

Last Agent to Sell the Property

Bill Taliya

Compass License #475134315 Listed on: 04/12/2024

Compass

Last Buyer's Agent

Bryan Matsui

Baird & Warner License #475178389

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,370

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 60x132.05

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,405 Sq Ft Home
  • Entrance Foyer
  • L-Shaped Dining Room
  • Bonus Room
  • Screened Porch
  • Lower Floor Utility Room
  • Storage Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Schools

  • Windsor Elementary School
  • South Middle School
  • Prospect High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,370

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1961
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1405
  • Room Type: Foyer, Screened Porch, Utility Room-Lower Level, Storage, Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 430000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Windsor Elementary School
  • High School: Prospect High School
  • Middle/Junior School: South Middle School
  • Middle/Junior School District: 25

Lot Info

  • Lot Dimensions: 60X132.05
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8370.33
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 1, 2024
Sold by
Lisek Daniel J and Lisek Marybeth
Bought by
Osterhout Megan Christine
Seller's Agent
Bill Taliya
Compass
Buyer's Agent
Bryan Matsui
Baird & Warner
List Price
$430,000
Sold Price
$455,000
Premium/Discount to List
$25,000
5.81%
Views
28
Current Estimated Value
$491,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,249
Avg. Annual Appreciation
3.62%
Original Mortgage
$364,000
Outstanding Balance
$360,372
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$115,820

Purchase Details

Closed on
Oct 23, 1997
Sold by
Mccafferty Marybeth and Lisek Daniel J
Bought by
Lisek Daniel J and Lisek Marybeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
7.42%

Purchase Details

Closed on
Apr 28, 1995
Sold by
Solomon Howard M and Solomon Phyllis S
Bought by
Lisek Daniel J and Mccafferty Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,300
Interest Rate
8.26%
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
Osterhout Megan Christine $455,000 None Listed On Document
Lisek Daniel J -- --
Lisek Daniel J $174,000 Lenders Title Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osterhout Megan Christine $364,000
Previous Owner Lisek Marybeth $160,000
Previous Owner Lisek Marybeth $153,680
Previous Owner Lisek Daniel J $170,400
Previous Owner Lisek Daniel J $163,900
Previous Owner Lisek Daniel J $164,700
Previous Owner Lisek Daniel J $165,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $455,000 0.0% $324 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
04/15/2024 04/15/24 Off Market $455,000 -- --
04/12/2024 04/12/24 For Sale $430,000 -- $306 / 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 $8,720 $35,167 $7,920 $27,247
2023 $8,370 $35,167 $7,920 $27,247
2022 $8,370 $35,167 $7,920 $27,247
2021 $8,012 $29,948 $4,554 $25,394
2020 $7,872 $29,948 $4,554 $25,394
2019 $7,866 $33,387 $4,554 $28,833
2018 $7,651 $29,653 $3,960 $25,693
2017 $7,578 $29,653 $3,960 $25,693
2016 $7,304 $29,653 $3,960 $25,693
2015 $7,124 $26,749 $3,366 $23,383
2014 $6,931 $26,749 $3,366 $23,383
2013 $6,740 $26,749 $3,366 $23,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12025932

Midwest Real Estate Data (MRED)

APN: 03-33-121-014-0000