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821 North Gibbons Avenue

821 North Gibbons Avenue, Arlington Heights, IL 60004
Property in Wheeling
Sold May 09, 2014
$373,500
$256,100 by Chicago Financial Services Inc
Mortgage Due Jan 01, 2052
Sold Jan 14, 2014
$230,000
821 North Gibbons Avenue in Arlington Heights, IL was first built in 1958 and is 66 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 bungalow style. It is a single story home. 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 is a 1 partial bathroom. 821 North Gibbons Avenue has 1,196 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 8,732 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 detached garage. There are a total of 3 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 good. 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 hot water 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, 821 North Gibbons Avenue sold most recently in Apr 22, 2014 for a total of $373,500. If you work out the math, that's approximately a cost of $312.29 per sqft. Before that, the property was also sold for $230,000 in Dec 13, 2013. 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 $8,854 in taxes each year. 821 North Gibbons Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,000. If we break it down further, the land itself was valued at $8,732. Improvements to the property, however, were assessed at a total of $28,268. 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: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • 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: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 8,732
  • Total Building Area: 1,196
  • Gross Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,196
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIDELITY ARLINGTON ESTATES
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SEARLE MICHAEL J
  • Current Owner 2: ESQUIVEL KIMBERLY E
  • Previous Owner : OORTMAN BUILDERS LLC
  • Owner Before Previous Owner: BELLUOMINI WALTER
  • Owner Before Previous Owner 2: BELLUOMINI JOY ANN
  • 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: 03-28-111-007-0000
  • Block: 2
  • Lot: 7
  • Meridian: SEC 28 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0923
  • Longitude: -87.9613

    Address

  • Full Address: 821 N Gibbons Ave
  • Address - House Number: 821
  • Street Direction: N
  • Address - Street Name: Gibbons
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Arlington Heights
  • Carrier Code: C047
  • 4-Digit Zip Code: 5828
  • Zip Code: 60004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,854
  • Tax Rate Code Area: 38023

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 465,292
  • High Value: 570,158
  • Low Value: 360,426

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,100
  • First Open Lien Mortgage Lender: CHICAGO FINANCIAL SERVICES INC
  • First Open Lien Mortgage Recording Date: Mar 15, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $256,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $87,320
  • Market Improvement Value: $282,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $8,732
  • Assessed Improvements Value: $28,268

    Sales

  • Current Sale Contract Date: Apr 22, 2014
  • Current Sale Recording Date: May 09, 2014
  • Current Sale Transaction ID: 1131244716
  • Current Sale Price: $373,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1412926075
  • Previous Sale Recording Date: Jan 14, 2014
  • Previous Sale Contract Date: Dec 13, 2013
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 09, 2014
  • First Mortgage Loan Amount: $298,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2044

About Arlington Heights



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Frequently Asked Questions

What neighborhood is 821 North Gibbons Avenue located in?
The 821 North Gibbons Avenue is a located in the neighborhood of Wheeling in Arlington Heights, Arlington Heights.
What is the average sales price for listings in 821 North Gibbons Avenue?
The average sales price for units in 821 North Gibbons Avenue is $0 currently.

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