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844 South Vail Avenue

844 South Vail Avenue, Arlington Heights, IL 60005
Property in Wheeling
Sold Apr 26, 2021
$360,000
$288,000 by Guaranteed Rate Inc
Mortgage Due May 01, 2051
Sold Nov 28, 2017
$316,000
$284,400 by Hometrust Mortgage Corp
Mortgage Due Dec 01, 2047
Local assessors in Arlington Heights, IL have categorized 844 South Vail Avenue as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 8,184 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 5 rooms in the home. Of these, 2 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 is also a partial bathroom. 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 844 South Vail Avenue has a total of 1,005 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 frame 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 air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 844 South Vail Avenue was last sold in Apr 6, 2021 for $360,000. According to our calculations, that's $358.21 per sqft. Prior to that sales transaction, the property was sold for $316,000 in Nov 13, 2017. Current property owners are expected to pay $8,173 in taxes per year. The property on 844 South Vail Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $31,000. To break that down further, the land itself was valued at $8,184. While improvements to the property were assessed at a total of $22,816. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • 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: 2

    Dimensions

  • Lot Size Square Feet: 8,184
  • Total Building Area: 1,005
  • Gross Building Area: 1,005
  • Building Area: 1,005
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,005
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BERRY COMPANYS LAUDYMONT
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H R (BERRY) (COMPANYS) (LAUDYMONT) TERRACE SUB OF ASS ESSORS DIV IN SE SEC31 & PT SW SEC 32 SE SEC 31-42-11

Ownership

  • Current Owner : THOMAS RYAN C
  • Previous Owner : SPICER KELLY K
  • Previous Owner 2: KNAPIK CHARLES E
  • Owner Before Previous Owner: DYKES MARC A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803500

Geography

  • District: 38
  • Parcel: 03-32-312-033-0000
  • Lot: 137
  • Meridian: SEC 31 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0688
  • Longitude: -87.9846

    Address

  • Full Address: 844 S Vail Ave
  • Address - House Number: 844
  • Street Direction: S
  • Address - Street Name: Vail
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Arlington Heights
  • Carrier Code: C086
  • 4-Digit Zip Code: 2540
  • Zip Code: 60005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,173
  • Tax Rate Code Area: 38023

    Appraisal Valuation

  • Standard Deviation: 0.2277
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 406,033
  • High Value: 498,517
  • Low Value: 313,550

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $396,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Apr 26, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $288,000
  • 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: May 01, 2051
  • Second Open Lien Mortgage Lender: BMO BANK NA
  • Second Open Lien Mortgage Recording Date: Feb 15, 2024
  • Second Open Lien Mortgage Loan Amount: $108,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: Feb 09, 2054

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $81,840
  • Market Improvement Value: $228,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $8,184
  • Assessed Improvements Value: $22,816

    Sales

  • Current Sale Contract Date: Apr 06, 2021
  • Current Sale Recording Date: Apr 26, 2021
  • Current Sale Transaction ID: 11833289593
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2111606346
  • Previous Sale Recording Date: Nov 28, 2017
  • Previous Sale Contract Date: Nov 13, 2017
  • Previous Sale Amount: $316,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Apr 26, 2021
  • First Mortgage Loan Amount: $288,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HOMETRUST MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 28, 2017
  • Previous Mortgage Loan Amount: $284,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2047

About Arlington Heights



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Frequently Asked Questions

What neighborhood is 844 South Vail Avenue located in?
The 844 South Vail Avenue is a located in the neighborhood of Wheeling in Arlington Heights, Arlington Heights.
What is the average sales price for listings in 844 South Vail Avenue?
The average sales price for units in 844 South Vail Avenue is $0 currently.

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