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1106 East Oakton Street

1106 East Oakton Street, Arlington Heights, IL 60004
Property in Wheeling
Sold Jul 28, 2021
$420,000
$378,000 by Fairway Independent Mortgage C
Mortgage Due Aug 01, 2051
Sold Apr 03, 2017
$360,000
$270,000 by Caliber Home Loans Inc
Mortgage Due Apr 01, 2047
1106 East Oakton Street in Arlington Heights, IL was first built in 1965 and is 59 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1106 East Oakton Street has 1,596 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 9,100 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1106 East Oakton Street sold most recently in Jul 21, 2021 for a total of $420,000. If you work out the math, that's approximately a cost of $263.16 per sqft. Before that, the property was also sold for $360,000 in Mar 27, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,337 in taxes each year. 1106 East Oakton Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $43,000. If we break it down further, the land itself was valued at $13,650. Improvements to the property, however, were assessed at a total of $29,350. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,100
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,596
  • Gross Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,596
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GEORGETOWN MANOR A SUB OF E3/4 SW SE S
  • Land Acres: 0.209
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (GEORGETOWN) MANOR A SUB OF E3/4 SW SE SE & W1/4 SE S E SE OF SEC 20-42-11

Ownership

  • Current Owner : LEE HONG JOON
  • Current Owner 2: LEE SOOJIN
  • Previous Owner : ZHOU FANG
  • Owner Before Previous Owner: CLD CONSULTING LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802900

Geography

  • District: 38
  • Parcel: 03-20-421-012-0000
  • Lot: 28
  • Meridian: SEC 20 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0958
  • Longitude: -87.9691

    Address

  • Full Address: 1106 E Oakton St
  • Address - House Number: 1106
  • Street Direction: E
  • Address - Street Name: Oakton
  • Address - Suffix Type: St
  • State: IL
  • City Name: Arlington Heights
  • Carrier Code: C098
  • 4-Digit Zip Code: 5040
  • Zip Code: 60004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,337
  • Tax Rate Code Area: 38023

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 490,964
  • High Value: 602,755
  • Low Value: 379,174

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $378,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jul 28, 2021
  • First Open Lien Mortgage Loan Amount: $378,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $430,000
  • Market Land Value: $136,500
  • Market Improvement Value: $293,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,000
  • Assessed Land Value: $13,650
  • Assessed Improvements Value: $29,350

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Transaction ID: 11846073776
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2120921314
  • Previous Sale Recording Date: Apr 03, 2017
  • Previous Sale Contract Date: Mar 27, 2017
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jul 28, 2021
  • First Mortgage Loan Amount: $378,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Apr 03, 2017
  • Previous Mortgage Loan Amount: $270,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2047

About Arlington Heights



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Frequently Asked Questions

What neighborhood is 1106 East Oakton Street located in?
The 1106 East Oakton Street is a located in the neighborhood of Wheeling in Arlington Heights, Arlington Heights.
What is the average sales price for listings in 1106 East Oakton Street?
The average sales price for units in 1106 East Oakton Street is $0 currently.

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