Check Availability

307 North Wilke Road

307 North Wilke Road, Arlington Heights, IL 60005
House in Wheeling
Sold Mar 01, 2022
Transfer
$312,340 by Home Point Financial Corporati
Mortgage Due Apr 01, 2052
Sold May 08, 2007
$300,000
$300,000 by Platinum Home Mortgage Corp
Mortgage Due May 01, 2037
307 North Wilke Road has been categorized by the local assessors in Arlington Heights, IL as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 307 North Wilke Road has 1,195 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 600 ft and across the front of the lot is 1,250 ft. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a no garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal 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. Before that, the property was also sold for $300,000 in Apr 19, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,953 in taxes each year. 307 North Wilke Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $26,000. If we break it down further, the land itself was valued at $7,500. Improvements to the property, however, were assessed at a total of $18,500. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,195
  • Gross Building Area: 1,195
  • Building Area: 1,195
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,195
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: REUTERS WESTGATE UNIT1
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (REUTERS)(WESTGATE)(UNIT1) SUB OF PT SW SEC 30-42-11

Ownership

  • Current Owner : BRUNDIDGE ERIK
  • Current Owner 2: HAGEMANN FREJA
  • Previous Owner : ROOD ALAN
  • Previous Owner 2: CARRIER RACHEL
  • Owner Before Previous Owner: ZAJAC SCOTT A
  • Owner Before Previous Owner 2: ZAJAC SUSAN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803300

Geography

  • District: 38
  • Parcel: 03-30-309-009-0000
  • Block: 2
  • Lot: 21
  • Meridian: SEC 30 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0862
  • Longitude: -88.0044

    Address

  • Full Address: 307 N Wilke Rd
  • Legal Unit: 1
  • Address - House Number: 307
  • Street Direction: N
  • Address - Street Name: Wilke
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Arlington Heights
  • Carrier Code: C025
  • 4-Digit Zip Code: 1138
  • Zip Code: 60005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,953
  • Tax Rate Code Area: 38023

    Appraisal Valuation

  • Standard Deviation: 0.2017
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 353,496
  • High Value: 424,803
  • Low Value: 282,190

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $312,340
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Mar 01, 2022
  • First Open Lien Mortgage Loan Amount: $312,340
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $75,000
  • Market Improvement Value: $185,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $18,500

    Sales

  • Current Sale Contract Date: Feb 16, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Transaction ID: 11886607095
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2206020435
  • Previous Sale Recording Date: May 08, 2007
  • Previous Sale Contract Date: Apr 19, 2007
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Joint Tenancy Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Mar 01, 2022
  • First Mortgage Loan Amount: $312,340
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: May 08, 2007
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2037

About Arlington Heights



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 307 North Wilke Road located in?
The 307 North Wilke Road is a house located in the neighborhood of Wheeling in Arlington Heights, Arlington Heights.
What is the average sales price for listings in 307 North Wilke Road?
The average sales price for units in 307 North Wilke Road is $0 currently.

Quantcast