NOT LISTED FOR SALE

862 N Illinois Ave Unit 1 Arlington Heights, IL 60004

Estimated Value: $625,655 - $673,000

3 Beds
4 Baths
2,486 Sq Ft
$261/Sq Ft Est. Value

About This Home

This home is located at 862 N Illinois Ave Unit 1, Arlington Heights, IL 60004 and is currently estimated at $649,414, approximately $261 per square foot. 862 N Illinois Ave Unit 1 is a home located in Cook County with nearby schools including Patton Elementary School, Thomas Middle School, and John Hersey High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2017
Sold by
Fedko Martin and Fedko Andrea
Bought by
Five Star Declaration Of Trust
Current Estimated Value
$649,414

Purchase Details

Closed on
Oct 10, 2013
Sold by
Klimas Christophre A and Klimas Jennifer A
Bought by
Fedko Martin and Fedko Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,664
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2008
Sold by
Frontier Development Partners Llc
Bought by
Klimas Christopher A and Leeds Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.87%
Mortgage Type
Unknown
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Five Star Declaration Of Trust $390,000 Greater Illinois Title
Fedko Martin $405,000 Multiple
Klimas Christopher A $465,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fedko Martin $397,664
Previous Owner Klimas Christopher A $417,000
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 $12,867 $47,000 $6,000 $41,000
2023 $12,392 $47,000 $6,000 $41,000
2022 $12,392 $47,000 $6,000 $41,000
2021 $10,308 $34,242 $1,585 $32,657
2020 $10,041 $34,242 $1,585 $32,657
2019 $9,989 $38,047 $1,585 $36,462
2018 $11,874 $40,688 $1,394 $39,294
2017 $11,734 $40,688 $1,394 $39,294
2016 $10,944 $40,688 $1,394 $39,294
2015 $11,958 $40,500 $1,204 $39,296
2014 $11,609 $40,500 $1,204 $39,296
2013 $10,583 $40,500 $1,204 $39,296
Source: Public Records

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