When was property at 4506 Magnolia Drive built and last sold?

The property at 4506 Magnolia Drive was built in 1966 and last sold on Jan 4, 2022 for $0.

How much is this home worth?

The estimated value of the home located at 4506 Magnolia Drive is $530,571.

What are some comparable homes to 4506 Magnolia Drive?

There are currently no comparable homes to 4506 Magnolia Drive.

Rolling Meadows

60008

4506 MAGNOLIA Drive

Map

$519,000

↓ $10K (1.9%)

● House - For Sale

4506 MAGNOLIA Drive

Rolling Meadows, IL 60008

3 Beds

2 Baths

2,577 Ft²

$3,428

Est. Monthly

About This Property

Close to EVERYTHING! Minutes from Woodfield. Spacious split level home offering a versatile floor plan, generous living areas, and numerous recent updates throughout. The lower level provides additional finished living space, including a recently renovated basement in 2025. Outside, you'll find a large backyard with extensive improvements designed for relaxation and gatherings. In 2025, the backyard paver patio, side yard paver walkway, rear deck stairs, and deck were renovated, creating an attractive and functional outdoor living space. Additional updates include a new paver driveway, rebuilt front entry stairs, and installation of an EV charger. Located in a quiet Rolling Meadows neighborhood, this home offers convenient access to parks, schools, shopping, dining, Metra service, and major highways. With its spacious interior, extensive recent improvements, and excellent location, this home is ready for its next owner to enjoy.

Unit Size

2,577 Ft²

Days on Market

Land Size

0.21 acres

Price per sqft

$201

Property Type

House

Property Taxes

$879

HOA Dues

Year Built

1966

Listed By

Joseph Cirafici

[email protected]

ARNI Realty Incorporated

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Property Highlights

Garage

Air Conditioning

Fireplace

Parking Details

Has Garage

Parking Features: Concrete, Garage Door Opener, Garage, Attached, Yes

Garage Spaces: 2

Interior Details

Full Bathrooms: 2

Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal

Flooring Type: Laminate

Rooms: 8

Has Fireplace

Fireplace Features: Gas Log, Gas Starter

Fireplaces: 1

Basement: Finished, Partial, Walk-Out Access, Sub-Basement

Exterior Details

Square Footage: 2577

Square Footage Source: $0

Year Built: 1966

Construction Materials: Aluminum Siding, Brick

Patio and Porch Features: Patio

Lot Size Area: 9147.6

Lot Size Units: Square Feet

Lot Size Acres: 0.21

Lot Size Square Feet: 9147.6

Lot Size Dimensions: 123X91X110X72

Water Source: Lake Michigan

Financial Details

Tax Annual Amount: $10,548

Utilities Details

Cooling Type: Central Air, Small Duct High Velocity

Heating Type: Steam, Baseboard, Zoned

Sewer : Overhead Sewers

Location Details

HOA/Condo/Coop Fee Includes: None

Building Info

Overview

General

Year Built: 1966

Effective Year Built: 1966
Building Count: 1
Total Rooms: 7
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 60
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 9,818

Total Building Area: 2,129
Gross Building Area: 2,129
Building Area: 2,129
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 24
Heated Square Feet: 2,129
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: PLUM GROVE HILLS
Land Acres: 0000000225
Standard Land Use Code: 1001
County Land Use Code: 2-78
Legal Description 1: (PLUM) (GROVE) (HILLS) RESUB OF LTS 90-97 108-114 116 -125 OF PLUM GROVE HILLS UNIT NO 4 SUB OF PT OF EH OF SEC 6 & PT OF EH

Neighborhood

School District Name: Township High School District 214

Census Tract: 805105

Geography

District: 16

Parcel: 08-07-210-032-0000
Lot: 90-97
Meridian: SEC 07 TWN 41N RNG 11E
Municipality: ELK GROVE
Latitude: 42.0641
Longitude: -88.0234

Address

Full Address: 4506 Magnolia Dr

Legal Unit: 4
Address - House Number: 4506
Address - Street Name: Magnolia
Address - Suffix Type: Dr
State: IL
City Name: Rolling Meadows
Carrier Code: C022
4-Digit Zip Code: 3210
Zip Code: 60008

Valuation

Tax

Tax Year: 2022

Tax Amount: $981,151
Tax Rate Code Area: 16053

Appraisal Valuation

Standard Deviation: 0.2282

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 439,334
High Value: 539,619
Low Value: 339,048

Market Valuation

Market Total Value: $370,000

Market Land Value: $78,540
Market Improvement Value: $291,460

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $37,000
Assessed Land Value: $7,854
Assessed Improvements Value: $29,146

Sales

Current Sale Contract Date: Jan 04, 2022

Current Sale Recording Date: Feb 01, 2022
Current Sale Document Type: 33
Current Sale Input Document Number: 2203242072
Previous Sale Recording Date: Apr 08, 2015
Previous Sale Contract Date: Feb 03, 2015
Previous Sale Amount: $274,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Financing Type:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

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Previous Mortgage Loan Due Date:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Rolling Meadows

Stats & Trends

Median Asking:

$354,750

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

Average Home Size

1422 ft²

Average Home Age

53.5 years

Currently For Sale

43 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2204 Campbell Street, Rolling Meadows, IL, 60008

$2,800 /mo

3 Beds
1 Bath
1,029 ft²

2204 Campbell Street, Rolling Meadows, IL, 60008 Listing by Lindsay Schulz

Unit for rent at 317 E Forest Lane, Palatine, IL, 60067

$4,500 /mo

4 Beds
2 Baths
2,486 ft²

317 E Forest Lane, Palatine, IL, 60067 Listing by Mariusz Bilotas

Unit for rent at 2204 Venture Drive, Schaumburg, IL, 60173

$3,500 /mo

3 Beds
2 Baths
1,922 ft²

2204 Venture Drive #2204, Schaumburg, IL, 60173 Listing by Sunita Kakarlapudi

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Joseph Cirafici, Cirafici Real Estate
Data Source: MRED, MLS# MRD12699178

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.