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508 Knob Hill Dr

Arlington Heights, IL 60004

3 bd 3 ba 1,634 sqft Built 1965 single_family
Most recent sale
$315,000
Jul 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 13, 2024 Sold $425,000 MRED
May 3, 2024 Price changed $439,900 MRED
Jan 23, 2024 Relisted $445,900 MRED
Jan 19, 2024 Listing removed $445,900 MRED
Dec 6, 2023 Price changed $445,900 MRED
Nov 1, 2023 Price changed $449,900 MRED
Oct 11, 2023 Price changed $459,900 MRED
Sep 14, 2023 Price changed $464,900 MRED
Aug 23, 2023 Price changed $469,900 MRED
Aug 4, 2023 Price changed $474,900 MRED
Jul 20, 2023 Price changed $479,900 MRED
Jun 16, 2023 Price changed $484,900 MRED
May 19, 2023 Listed $489,900 MRED
Jul 19, 2022 Sold $315,000 Public Record
Dec 18, 1989 Sold $152,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $25,067 $12,932 $37,999 $10,402
2022 $25,067 $12,932 $37,999 $8,395
2021 $23,850 $7,348 $31,198 $7,586
2020 $23,850 $7,348 $31,198 $7,510
2019 $27,433 $7,348 $34,781 $7,511
2018 $28,657 $6,466 $35,123 $8,445
2017 $28,657 $6,466 $35,123 $8,376
2016 $29,496 $6,466 $35,962 $8,521
2015 $22,538 $5,584 $28,122 $7,529
2014 $22,538 $5,584 $28,122 $7,324
2013 $22,538 $5,584 $28,122 $7,123
2012 $26,581 $6,172 $32,753 $7,845
2011 $26,581 $6,172 $32,753 $7,604
2010 $26,581 $6,172 $32,753 $6,418
2009 $32,204 $6,466 $38,670 $5,377
2007 $31,235 $10,346 $41,581 $5,014
2006 $25,733 $9,405 $35,138 $6,060

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,634 sqft
Lot size
ZIP code
60004
City
Arlington Heights
Street
Knob Hill Dr
Coordinates
42.11567, -87.97575

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,941
Gross rental yield
11.20%
Implied cap rate
7.28%
Trend-extrapolated value

Frequently asked questions

When did 508 Knob Hill Dr last sell?
508 Knob Hill Dr most recently sold on Jul 19, 2022 for $315,000.
What is the current tax assessment for 508 Knob Hill Dr?
The most recent total assessment for 508 Knob Hill Dr (year 2023) is $37,999 with $10,402 in property tax.
How does 508 Knob Hill Dr's assessment compare to its last sale price?
The current assessment is 87.9% below the last sale price of $315,000.
When was 508 Knob Hill Dr built?
508 Knob Hill Dr was built in 1965.
How does 508 Knob Hill Dr compare to others on Knob Hill Dr?
We track 4 other properties on Knob Hill Dr. Browse the list under "Other properties on Knob Hill Dr" to compare beds, baths, and sale history.
What are the property facts for 508 Knob Hill Dr?
508 Knob Hill Dr is a 3 bed, 3 bath, 1,634 sqft single_family.
Is 508 Knob Hill Dr a flip candidate?
Yes — 508 Knob Hill Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 508 Knob Hill Dr a tax-appeal candidate?
No — 508 Knob Hill Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.4%
2026 Q3
$602.9K
2026 Q4
$612.9K
ZIP 60004 — Median Price History + Forecast

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