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715 South Salem Avenue

715 South Salem Avenue, Arlington Heights, IL 60005
Property in Wheeling
Sold Apr 22, 2014
$440,000
$526,500 by Associated Bank Na
Mortgage Due Mar 01, 2044
Sold Jul 12, 2012
$410,000
715 South Salem Avenue in Arlington Heights, IL was first built in 1962 and is 62 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 9 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 715 South Salem Avenue has 3,034 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 12,721 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 A. 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. 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, 715 South Salem Avenue sold most recently in Mar 26, 2014 for a total of $440,000. If you work out the math, that's approximately a cost of $145.02 per sqft. Before that, the property was also sold for $410,000 in Jun 21, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $15,445 in taxes each year. 715 South Salem Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $62,000. If we break it down further, the land itself was valued at $15,265. Improvements to the property, however, were assessed at a total of $46,735. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • 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: 12,721
  • Total Building Area: 3,034
  • Gross Building Area: 3,034
  • Building Area: 3,034
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,034
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THOMAS A CATINOS ADD TO ARLINGTON H
  • Land Acres: 0.292
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FOWLER MATTHEW J
  • Current Owner 2: FOWLER JACQUELINE C
  • Previous Owner : DEAN ERIC CHRISTOPHER
  • Owner Before Previous Owner: KROCK ANDREW S
  • Owner Before Previous Owner 2: KROCK MARY E
  • 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: 03-31-421-009-0000
  • Lot: 103
  • Meridian: SEC 31 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0714
  • Longitude: -87.9925

    Address

  • Full Address: 715 S Salem Ave
  • Address - House Number: 715
  • Street Direction: S
  • Address - Street Name: Salem
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Arlington Heights
  • Carrier Code: C077
  • 4-Digit Zip Code: 2341
  • Zip Code: 60005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,445
  • Tax Rate Code Area: 38023

    Appraisal Valuation

  • Standard Deviation: 0.2562
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 693,382
  • High Value: 871,085
  • Low Value: 515,679

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $526,500
  • First Open Lien Mortgage Lender: ASSOCIATED BANK NA
  • First Open Lien Mortgage Recording Date: Apr 22, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $526,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2044

    Market Valuation

  • Market Total Value: $620,000
  • Market Land Value: $152,650
  • Market Improvement Value: $467,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,000
  • Assessed Land Value: $15,265
  • Assessed Improvements Value: $46,735

    Sales

  • Current Sale Contract Date: Mar 26, 2014
  • Current Sale Recording Date: Apr 22, 2014
  • Current Sale Transaction ID: 1176167895
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1411210049
  • Previous Sale Recording Date: Jul 12, 2012
  • Previous Sale Contract Date: Jun 21, 2012
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSOCIATED BANK NA
  • First Mortgage Transaction Date: Apr 22, 2014
  • First Mortgage Loan Amount: $526,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Mar 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Arlington Heights



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Frequently Asked Questions

What neighborhood is 715 South Salem Avenue located in?
The 715 South Salem Avenue is a located in the neighborhood of Wheeling in Arlington Heights, Arlington Heights.
What is the average sales price for listings in 715 South Salem Avenue?
The average sales price for units in 715 South Salem Avenue is $0 currently.

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