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717 North Fernandez Avenue

717 North Fernandez Avenue, Arlington Heights, IL 60004
House in Wheeling
Sold Feb 11, 2021
$320,000
$304,000 by Prosperity Home Mortgage Llc
Mortgage Due Nov 01, 2050
Sold Sep 18, 2008
$314,000
$251,120 by Countrywide Bank Fsb
Mortgage Due Aug 01, 2038
717 North Fernandez Avenue in Arlington Heights, IL was first built in 1954 and is 70 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 style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 717 North Fernandez Avenue has 961 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. The linear feet across the front of the lot is 1,320 ft and the linear feet between the front and back of the lot is 500. 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. Water for the property is sourced from a municipal system. For those who need parking, there is a detached 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 wood. 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, 717 North Fernandez Avenue sold most recently in Oct 27, 2020 for a total of $320,000. If you work out the math, that's approximately a cost of $332.99 per sqft. Before that, the property was also sold for $314,000 in Jul 30, 2008. 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 $7,646 in taxes each year. 717 North Fernandez Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,000. If we break it down further, the land itself was valued at $6,600. Improvements to the property, however, were assessed at a total of $22,400. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 961
  • Gross Building Area: 961
  • Building Area: 961
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 961
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CEPEKS ARLINGTON RIDGE SUB
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RESUBDIVISION) OF CERTAIN BLKS & PT BLKS & VAC STS E TC R A CEPEKS ARLINGTON RIDGE SUB OF PT WH EX E33FT LYING N OF NELY LIN

Ownership

  • Current Owner : COLE ALLISON
  • Previous Owner : PETRIK LINDSAY E
  • Previous Owner 2: PETRIK BRADLEY J
  • Owner Before Previous Owner: RACK GLENN
  • Owner Before Previous Owner 2: RACK KATHERINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803200

Geography

  • District: 38
  • Parcel: 03-30-223-023-0000
  • Block: B
  • Lot: 5
  • Meridian: SEC 30 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0908
  • Longitude: -87.9911

    Address

  • Full Address: 717 N Fernandez Ave
  • Address - House Number: 717
  • Street Direction: N
  • Address - Street Name: Fernandez
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Arlington Heights
  • Carrier Code: C031
  • 4-Digit Zip Code: 5313
  • Zip Code: 60004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,646
  • Tax Rate Code Area: 38023

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 377,898
  • High Value: 463,944
  • Low Value: 291,852

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,000
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 11, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $304,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $66,000
  • Market Improvement Value: $224,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $6,600
  • Assessed Improvements Value: $22,400

    Sales

  • Current Sale Contract Date: Oct 27, 2020
  • Current Sale Recording Date: Feb 11, 2021
  • Current Sale Transaction ID: 11817524016
  • Current Sale Price: $320,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2104201675
  • Previous Sale Recording Date: Sep 18, 2008
  • Previous Sale Contract Date: Jul 30, 2008
  • Previous Sale Amount: $314,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 11, 2021
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK FSB
  • Previous Mortgage Transaction Date: Sep 18, 2008
  • Previous Mortgage Loan Amount: $251,120
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Aug 01, 2038

About Arlington Heights



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 717 North Fernandez Avenue located in?
The 717 North Fernandez Avenue is a house located in the neighborhood of Wheeling in Arlington Heights, Arlington Heights.
What is the average sales price for listings in 717 North Fernandez Avenue?
The average sales price for units in 717 North Fernandez Avenue is $300,000 , or $312/sqft. currently.

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