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1315 North Vail Avenue

1315 North Vail Avenue, Arlington Heights, IL 60004
House in Wheeling
Sold Jun 10, 2021
$450,000
$405,000 by Wintrust Mortgage
Mortgage Due Jun 01, 2051
1315 North Vail Avenue in Arlington Heights, IL was first built in 1966 and is 58 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 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1315 North Vail Avenue has 1,412 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. In total, the area measurement of the land is 9,793 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1315 North Vail Avenue sold most recently in May 20, 2021 for a total of $450,000. If you work out the math, that's approximately a cost of $318.70 per sqft. 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 $8,888 in taxes each year. 1315 North Vail Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,129. If we break it down further, the land itself was valued at $9,793. Improvements to the property, however, were assessed at a total of $27,336. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,793
  • Total Building Area: 1,412
  • Gross Building Area: 1,412
  • Building Area: 1,412
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,412
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JACOB MAUERS DUNTON AVE SU
  • Land Acres: 0.225
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ROSS RACHAEL
  • Current Owner 2: ROSS BRANDON
  • Previous Owner : PUZA GERALD L
  • Previous Owner 2: PUZA CAROL J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803100

Geography

  • District: 38
  • Parcel: 03-20-300-031-0000
  • Lot: 9
  • Meridian: SEC 20 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1
  • Longitude: -87.9838

    Address

  • Full Address: 1315 N Vail Ave
  • Address - House Number: 1315
  • Street Direction: N
  • Address - Street Name: Vail
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Arlington Heights
  • Carrier Code: C070
  • 4-Digit Zip Code: 4734
  • Zip Code: 60004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,888
  • Tax Rate Code Area: 38023

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 473,388
  • High Value: 580,714
  • Low Value: 366,062

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $405,000
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $405,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $371,290
  • Market Land Value: $97,930
  • Market Improvement Value: $273,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,129
  • Assessed Land Value: $9,793
  • Assessed Improvements Value: $27,336

    Sales

  • Current Sale Contract Date: May 20, 2021
  • Current Sale Recording Date: Jun 10, 2021
  • Current Sale Transaction ID: 11838881992
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2116107056

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Jun 10, 2021
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Arlington Heights



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Nearby Rentals

Unit for rent at 200 W Campbell Street, Arlington Heights, IL, 60005

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,566 ft²
200 W Campbell Street #405, Arlington Heights, IL, 60005 Listing by Tadeusz Dolecki

Frequently Asked Questions

What neighborhood is 1315 North Vail Avenue located in?
The 1315 North Vail Avenue is a house located in the neighborhood of Wheeling in Arlington Heights, Arlington Heights.
What is the average sales price for listings in 1315 North Vail Avenue?
The average sales price for units in 1315 North Vail Avenue is $0 currently.

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