Check Availability

540 South Highland Avenue

540 South Highland Avenue, Arlington Heights, IL 60005
House in Wheeling
Sold Jan 28, 2021
$515,000
$489,250 by Guaranteed Rate Inc
Mortgage Due Jan 01, 2051
Sold Jan 02, 2019
$435,000
$369,750 by Crosscountry Mortgage Inc
Mortgage Due Jan 01, 2049
540 South Highland Avenue in Arlington Heights, IL was first built in 1930 and is 94 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 unknown. 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 are a total of 2 full bathrooms. There are 2 partial bathrooms. 540 South Highland Avenue has 1,500 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 6,600 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 540 South Highland Avenue was last sold in Dec 8, 2020 for $515,000. According to our calculations, that's $343.33 per sqft. Prior to that sales transaction, the property was sold for $435,000 in Dec 31, 2018. Current property owners are expected to pay $9,610 in taxes per year. The property on 540 South Highland Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $40,948. To break that down further, the land itself was valued at $7,920. While improvements to the property were assessed at a total of $33,028. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • 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: 6,600
  • Total Building Area: 1,500
  • Gross Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAROLINE FIENES SUBDIVISION
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KOFFLER ELIZABETH
  • Current Owner 2: KOFFLER JEFFREY C
  • Previous Owner : RANWEILER STEVEN KENNETH
  • Previous Owner 2: RANWEILER STEPHANIE
  • Owner Before Previous Owner: DUCHEK & ASSOCIATES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803500

Geography

  • District: 38
  • Parcel: 03-31-226-022-0000
  • Meridian: SEC 31 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0742
  • Longitude: -87.9857

    Address

  • Full Address: 540 S Highland Ave
  • Address - House Number: 540
  • Street Direction: S
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Arlington Heights
  • Carrier Code: C009
  • 4-Digit Zip Code: 1833
  • Zip Code: 60005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,610
  • Tax Rate Code Area: 38023

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 542,675
  • High Value: 665,023
  • Low Value: 420,328

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $489,250
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 28, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $489,250
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $409,480
  • Market Land Value: $79,200
  • Market Improvement Value: $330,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,948
  • Assessed Land Value: $7,920
  • Assessed Improvements Value: $33,028

    Sales

  • Current Sale Contract Date: Dec 08, 2020
  • Current Sale Recording Date: Jan 28, 2021
  • Current Sale Transaction ID: 11815404880
  • Current Sale Price: $515,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2102839027
  • Previous Sale Recording Date: Jan 02, 2019
  • Previous Sale Contract Date: Dec 31, 2018
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jan 28, 2021
  • First Mortgage Loan Amount: $489,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • Previous Mortgage Transaction Date: Jan 02, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $369,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Arlington Heights



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1426 E Olive Street, Palatine, IL, 60074

$2,450 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
1426 E Olive Street, Palatine, IL, 60074 Listing by Romulus Olariu
Unit for rent at 5467 Elizabeth Place, Rolling Meadows, IL, 60008

$2,490 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,600 ft²
5467 Elizabeth Place, Rolling Meadows, IL, 60008 Listing by Urszula Szydlo

Frequently Asked Questions

What neighborhood is 540 South Highland Avenue located in?
The 540 South Highland Avenue is a house located in the neighborhood of Wheeling in Arlington Heights, Arlington Heights.
What is the average sales price for listings in 540 South Highland Avenue?
The average sales price for units in 540 South Highland Avenue is $0 currently.

Quantcast