NOT LISTED FOR SALE

Estimated Value: $621,000 - $643,000

4 Beds
3 Baths
2,600 Sq Ft
$243/Sq Ft Est. Value

About This Home

This home is located at 616 E Independence Ct, Arlington Heights, IL 60005 and is currently estimated at $632,281, approximately $243 per square foot. 616 E Independence Ct is a home located in Cook County with nearby schools including Holmes Jr High School, Forest View Elementary School, and Rolling Meadows High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2013
Sold by
Freeman Erin and Freeman Erin K
Bought by
Freeman Loren and Freeman Loren B
Current Estimated Value
$632,281

Purchase Details

Closed on
Aug 7, 2007
Sold by
Armsey Christopher
Bought by
Freman Loren and Freeman Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 2004
Sold by
Masters Daniel P and Masters Joanne G
Bought by
Armsey Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,500
Interest Rate
4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 15, 1996
Sold by
Dowty Gary L and Dowty Sandra G
Bought by
Masters Daniel P and Masters Joanne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
8.47%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Buyer Sale Price Title Company
Freeman Loren -- Fidelity Natl Title Ins Co
Freman Loren $490,000 Cti
Armsey Christopher $396,500 Multiple
Masters Daniel P $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Loren $80,000
Open Freeman Loren $361,000
Closed Freeman Loren $383,500
Closed Freeman Loren $388,321
Closed Freman Loren $50,000
Closed Freeman Loren $392,000
Closed Freman Loren $392,000
Closed Freeman Loren B $48,000
Previous Owner Armsey Christopher L $100,000
Previous Owner Armsey Chris L $39,500
Previous Owner Armsey Christopher $317,200
Previous Owner Masters Daniel P $146,450
Previous Owner Masters Daniel P $148,000
Previous Owner Masters Daniel P $152,000
Source: Public Records

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 $8,998 $38,101 $8,344 $29,757
2023 $9,769 $38,101 $8,344 $29,757
2022 $9,769 $43,000 $8,344 $34,656
2021 $9,862 $38,225 $5,475 $32,750
2020 $9,642 $38,225 $5,475 $32,750
2019 $9,829 $42,950 $5,475 $37,475
2018 $9,108 $36,000 $4,693 $31,307
2017 $8,993 $36,000 $4,693 $31,307
2016 $8,641 $36,000 $4,693 $31,307
2015 $8,627 $33,728 $4,172 $29,556
2014 $8,531 $33,728 $4,172 $29,556
2013 $8,309 $33,728 $4,172 $29,556
Source: Public Records

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