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817 North Wilshire Lane

817 North Wilshire Lane, Arlington Heights, IL 60004
Property in Wheeling
Sold May 26, 2022
$450,000
$356,000 by Crosscountry Mortgage Llc
Mortgage Due Jun 01, 2052
Sold Mar 10, 2020
$375,000
$337,500 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2050
Local assessors in Arlington Heights, IL have categorized 817 North Wilshire Lane as a residential type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 8,976 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 817 North Wilshire Lane has a total of 1,320 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 817 North Wilshire Lane sold most recently in May 26, 2022 for a total of $450,000. If you work out the math, that's approximately a cost of $340.91 per sqft. Before that, the property was also sold for $375,000 in Feb 26, 2020. 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 $9,237 in taxes each year. 817 North Wilshire Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,033. If we break it down further, the land itself was valued at $8,976. Improvements to the property, however, were assessed at a total of $26,057. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,976
  • Total Building Area: 1,320
  • Gross Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STOLTZNERS ARLINGTON SUB UNIT2
  • Land Acres: 0.206
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (STOLTZNERS) (ARLINGTON) SUB (UNIT2) OF NH EH WH WH N W SEC 28-42-11

Ownership

  • Current Owner : HART MATTHEW
  • Current Owner 2: HART TAYLOR
  • Previous Owner : CARSTENS ELLYN F
  • Previous Owner 2: CARSTENS ALEX
  • Owner Before Previous Owner: LARSEN NICHOLAS W
  • Owner Before Previous Owner 2: LARSEN JILL M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802900

Geography

  • District: 38
  • Parcel: 03-28-117-011-0000
  • Lot: 19
  • Meridian: SEC 28 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0921
  • Longitude: -87.9638

    Address

  • Full Address: 817 N Wilshire Ln
  • Legal Unit: 2
  • Address - House Number: 817
  • Street Direction: N
  • Address - Street Name: Wilshire
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Arlington Heights
  • Carrier Code: C098
  • 4-Digit Zip Code: 5860
  • Zip Code: 60004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,237
  • Tax Rate Code Area: 38023

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 446,882
  • High Value: 547,599
  • Low Value: 346,165

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 26, 2022
  • First Open Lien Mortgage Loan Amount: $356,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $350,330
  • Market Land Value: $89,760
  • Market Improvement Value: $260,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,033
  • Assessed Land Value: $8,976
  • Assessed Improvements Value: $26,057

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: May 26, 2022
  • Current Sale Transaction ID: 11905335452
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18197
  • Previous Sale Recording Date: Mar 10, 2020
  • Previous Sale Contract Date: Feb 26, 2020
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: May 26, 2022
  • First Mortgage Loan Amount: $356,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Mar 10, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $337,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2050

About Arlington Heights



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Frequently Asked Questions

What neighborhood is 817 North Wilshire Lane located in?
The 817 North Wilshire Lane is a located in the neighborhood of Wheeling in Arlington Heights, Arlington Heights.
What is the average sales price for listings in 817 North Wilshire Lane?
The average sales price for units in 817 North Wilshire Lane is $0 currently.

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