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702 East Burr Oak Drive

702 East Burr Oak Drive, Arlington Heights, IL 60004
Property in Wheeling
Sold Sep 16, 2021
$306,000
$244,800 by Bank Of America Na
Mortgage Due Oct 01, 2051
Sold Nov 13, 2019
$306,000
702 East Burr Oak Drive in Arlington Heights, IL was first built in 1970 and is 54 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 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. 702 East Burr Oak Drive has 1,220 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 8,750 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. 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, 702 East Burr Oak Drive sold most recently in Aug 31, 2021 for a total of $306,000. If you work out the math, that's approximately a cost of $250.82 per sqft. Before that, the property was also sold for $306,000 in Jul 9, 2019. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $8,934 in taxes each year. 702 East Burr Oak Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $33,330. If we break it down further, the land itself was valued at $9,625. Improvements to the property, however, were assessed at a total of $23,705. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • 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
  • 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: 8,750
  • Total Building Area: 1,220
  • Gross Building Area: 1,220
  • Building Area: 1,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,220
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHGATE UNIT 01
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTH 38 AC N 83 AC & W2 SE4 SEC08

Ownership

  • Current Owner : TANGORRA DANIELLE
  • Previous Owner : KOWALSKI JOANNE M
  • Previous Owner 2: KOWALSKI WALTER REVOCABLE
  • Owner Before Previous Owner: ZYGOWICZ EDWARD A
  • Owner Before Previous Owner 2: ZYGOWICZ SUSAN E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803007

Geography

  • District: 38
  • Parcel: 03-08-313-046-0000
  • Lot: 84
  • Meridian: SEC 08 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1287
  • Longitude: -87.9743

    Address

  • Full Address: 702 E Burr Oak Dr
  • Address - House Number: 702
  • Street Direction: E
  • Address - Street Name: Burr Oak
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Arlington Heights
  • Carrier Code: C064
  • 4-Digit Zip Code: 2132
  • Zip Code: 60004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,934
  • Tax Rate Code Area: 38016

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 393,175
  • High Value: 483,658
  • Low Value: 302,691

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,800
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Sep 16, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $244,800
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $333,300
  • Market Land Value: $96,250
  • Market Improvement Value: $237,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,330
  • Assessed Land Value: $9,625
  • Assessed Improvements Value: $23,705

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Transaction ID: 11856698681
  • Current Sale Price: $306,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2125907514
  • Previous Sale Recording Date: Nov 13, 2019
  • Previous Sale Contract Date: Jul 09, 2019
  • Previous Sale Amount: $306,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Sep 16, 2021
  • First Mortgage Loan Amount: $244,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

About Arlington Heights



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Frequently Asked Questions

What neighborhood is 702 East Burr Oak Drive located in?
The 702 East Burr Oak Drive is a located in the neighborhood of Wheeling in Arlington Heights, Arlington Heights.
What is the average sales price for listings in 702 East Burr Oak Drive?
The average sales price for units in 702 East Burr Oak Drive is $0 currently.

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