NOT LISTED FOR SALE

721 N Gibbons Ave Arlington Heights, IL 60004

Estimated Value: $435,924 - $499,000

4 Beds
2 Baths
1,196 Sq Ft
$388/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $330,000 $276 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,308/month

16 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Detached Garage
  • Olive-Mary Stitt Elementary School Rated A-
  • Fenced Yard
  • 2-minute walk to Klehm Park

About This Home

As of June 2016

Meticulous Arlington Heights Ranch!! Gleaming hardwood floors throughout the main level. The kitchen offers a custom dining area, newer stainless steel appliances, tile backsplash, and boasts tons of cabinet space with uplighting. Crown molding accents the homes main living area along with wall of windows for a light and bright living and dining room. Finished basement with impressive brick fireplace, full bathroom, 4th bedroom, laundry room, and tons of storage. Home also has a 2 1/2 car garage, a fenced yard, a large patio, and a portico for parking and great curb appeal. A block from Klehm Park and close to shopping. Peace of mind..NEWER items 2013 Roof, 2013 Windows, 2014-15 appliances, freshly painted, new carpet in basement.....MOVE IN READY!

Last Agent to Sell the Property

Rhonda Chenault

Redfin Corporation License #471007066 Listed on: 04/21/2016

Redfin Corporation

Co-Listed By

Diana Tomaino

@properties Christie's International Real Estate License #475154380

Last Buyer's Agent

David Neubauer

Brokerocity Inc License #475137442

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,332

Year Built

  • 1957

Lot Details

  • 8,712

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • Wood Burning Fireplace
  • Storage Room
  • Wood Flooring
  • Storm Screens

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

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

Additional Features

  • Patio
  • Fenced Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,332

Year Built

1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 13X21, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Humidifier, CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 9X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Storage
  • Master Bedroom: Dimensions: 11X13, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Storage, Dimensions: 11X8, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 9X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X9, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 1196
  • Family Room: Dimensions: 18X33, On Level: Basement, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Stone
  • Exterior Property Features: Patio, Storms/Screens
  • Acreage: 0.2004

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 214
  • Elementary School: OLIVE-MARY STITT SCHOOL
  • Middle School: SOUTH MIDDLE SCHOOL
  • High School: PROSPECT HIGH SCHOOL
  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 66X132
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 03281110150000

Tax Info

  • Taxes: 7091

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2016
Closed on
Jun 21, 2016
Sold by
Connolly Matthew W and Connolly Jeri G
Bought by
Skalon Timothy J and Hamann Caitlin M
Seller's Agent
Rhonda Chenault
Redfin Corporation
Buyer's Agent
David Neubauer
Brokerocity Inc
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Total Days on Market
16
Current Estimated Value
$467,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,313
Avg. Annual Appreciation
3.86%
Original Mortgage
$313,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2004
Sold by
Vanmeveren Brian D and Vanmeveren Laurel A
Bought by
Connolly Matthew W and Connolly Jeri G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,500
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 19, 1997
Sold by
Nirva Leo and Nirva Elaine
Bought by
Vanmeveren Brian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
7.28%
Source: Public Records

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Range of Values:

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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
Skalon Timothy J $330,000 Old Republic Title
Connolly Matthew W $319,500 Atgf Inc
Vanmeveren Brian D $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skalon Timothy J $280,000
Closed Skalon Timothy J $313,500
Previous Owner Connolly Matthew W $238,000
Previous Owner Connolly Matthew W $60,000
Previous Owner Connolly Matthew W $279,500
Previous Owner Vanmeveren Brian D $101,850
Previous Owner Vanneveren Brian D $166,000
Previous Owner Vanmeveren Brian D $50,000
Previous Owner Vanmeveren Brian D $175,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2016 06/28/16 Sold $330,000 -5.4% $276 / Sq Ft
05/07/2016 05/07/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $349,000 -- $292 / 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 $8,332 $31,669 $8,730 $22,939
2023 $7,997 $33,750 $8,730 $25,020
2022 $7,997 $33,750 $8,730 $25,020
2021 $6,660 $25,454 $5,019 $20,435
2020 $6,554 $25,454 $5,019 $20,435
2019 $6,550 $28,377 $5,019 $23,358
2018 $6,945 $23,800 $4,365 $19,435
2017 $7,485 $25,953 $4,365 $21,588
2016 $6,980 $25,953 $4,365 $21,588
2015 $7,304 $24,736 $3,710 $21,026
2014 $7,091 $24,736 $3,710 $21,026
2013 $6,912 $24,736 $3,710 $21,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09201785

Midwest Real Estate Data (MRED)

APN: 03-28-111-015-0000