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1502 West Suffield Court

1502 West Suffield Court, Arlington Heights, IL 60004
Property in Wheeling
Sold Oct 26, 2021
$338,000
$287,300 by United Wholesale Mortgage
Mortgage Due Nov 01, 2036
Local assessors in Arlington Heights, IL have categorized 1502 West Suffield Court as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 7,233 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1502 West Suffield Court has a total of 2,211 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 22, 2021 for $338,000. That's $152.87 per sqft. 1502 West Suffield Court was last assessed in 2023. The total value of the property was assessed at $38,000. Specifically, the land the property is located on was valued at $7,956. While improvements on the property were assessed at a total of $30,044. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $10,019. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • 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
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,233
  • Total Building Area: 2,211
  • Gross Building Area: 2,211
  • Building Area: 2,211
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,211
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BERKLEY RIDGE
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (BERKLEY) (RIDGE) SUB A SUB OF PT LT8 IN GEORGE KIRCH OFF ESTATE SUB OF PT OF SEC 12&13-42-10 & 7&18-42-11 IN SEC 18-42-11

Ownership

  • Current Owner : GABOR ESZTER E
  • Current Owner 2: GABOR LASZLO V
  • Previous Owner : PATEL BHAVESH
  • Previous Owner 2: SHARDA G PATEL REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803017

Geography

  • District: 38
  • Parcel: 03-18-115-012-0000
  • Lot: 8
  • Meridian: SEC 13 TWN 42N RNG 10E
  • Municipality: WHEELING
  • Latitude: 42.1228
  • Longitude: -88.0007

    Address

  • Full Address: 1502 W Suffield Ct
  • Address - House Number: 1502
  • Street Direction: W
  • Address - Street Name: Suffield
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Arlington Heights
  • Carrier Code: C036
  • 4-Digit Zip Code: 2316
  • Zip Code: 60004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,019
  • Tax Rate Code Area: 38023

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 448,439
  • High Value: 550,547
  • Low Value: 346,331

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $287,300
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 26, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $287,300
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2036

    Market Valuation

  • Market Total Value: $380,000
  • Market Land Value: $79,560
  • Market Improvement Value: $300,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,000
  • Assessed Land Value: $7,956
  • Assessed Improvements Value: $30,044

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Oct 26, 2021
  • Current Sale Transaction ID: 11861636764
  • Current Sale Price: $338,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2129949136

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 26, 2021
  • First Mortgage Loan Amount: $287,300
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1502 West Suffield Court located in?
The 1502 West Suffield Court is a located in the neighborhood of Wheeling in Arlington Heights, Arlington Heights.
What is the average sales price for listings in 1502 West Suffield Court?
The average sales price for units in 1502 West Suffield Court is $0 currently.

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