Seller's Agent in 2021
Matthew Messel
Compass
(847) 420-1269
3 in this area
605 Total Sales
1016 E Cherry Ln Arlington Heights, IL 60004
Ivy Hill NeighborhoodEstimated Value: $495,000 - $606,000
4
Beds
3
Baths
1,466
Sq Ft
$390/Sq Ft
Est. Value
Highlights
- Community Lake
- Property is near a park
- Wood Flooring
- Ivy Hill Elementary School Rated A-
- Raised Ranch Architecture
- Community Pool
About This Home
As of July 2021Your Dream home has arrived!! This beautiful fully updated 4 bedroom 3 bath split level home in sought after Ivy Hill subdivision is situated in a private cul-de-sac on a .4 Acre lot. Featuring a fabulous white kitchen with 42' cabinets, granite countertops, stainless steel appliances, and island/breakfast bar with seating. The open-concept floor plan features hardwood floors on the main level that flow into your bright kitchen, dining and living space, with 4 generously sized bedrooms all on the same level, the master suite includes a walk-in closet and private bathroom. The family room boasts a stunning brick accented fireplace and sliding door access to your privately covered patio. In addition the home has a separate laundry area with ample storage space. Just 2 blocks from Ivy Hill elementary, 2 blocks from Camelot Park and pool and 3 blocks from Lake Arlington. Additional KEY features are the 2020 A/C, 2017 Furnace, 2020 Water Heater, 2018 Windows, New driveway, New epoxy flooring, New garage door opener. Make this move-in ready home yours!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,566
Year Built
- Built in 1977
Lot Details
- 0.31 Acre Lot
- Cul-De-Sac
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Dirt Driveway
- Parking Included in Price
Home Design
- Raised Ranch Architecture
Interior Spaces
- 1,466 Sq Ft Home
- Wood Burning Fireplace
- Living Room with Fireplace
- Family or Dining Combination
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Finished Basement Bathroom
Location
- Property is near a park
Schools
- Ivy Hill Elementary School
- Thomas Middle School
- Buffalo Grove High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Community Lake
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2021
Closed on
Jul 26, 2021
Sold by
Kopkowski Jason and Kopkowski Andrea
Bought by
Gray Elizabeth and Gray David
Seller's Agent
Matthew Messel
Compass
Buyer's Agent
Alexander Caras
Magellan Marketing Group LLC
Sold Price
$485,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,318
Avg. Annual Appreciation
3.97%
Original Mortgage
$423,000
Outstanding Balance
$384,565
Interest Rate
3.03%
Mortgage Type
New Conventional
Estimated Equity
$187,753
Purchase Details
Closed on
Jul 17, 2014
Sold by
Leno Carl V
Bought by
Kopkowski Jason and Kopkowski Andrea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 15, 2007
Sold by
Schmitz James R and Schmitz Linda M
Bought by
Leno Carl V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.26%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 30, 1995
Sold by
Bertola Andrew S
Bought by
Schmitz James R and Schmitz Linda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.9%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gray Elizabeth | $485,000 | Chicago Title Company | |
| Kopkowski Jason | $425,000 | -- | |
| Kopkowski Jason | $425,000 | -- | |
| Leno Carl V | $365,000 | Attorneys Title Guaranty Fun | |
| Schmitz James R | $330,000 | 1St American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gray Elizabeth | $423,000 | |
| Previous Owner | Kopkowski Jason | $340,000 | |
| Previous Owner | Leno Carl V | $265,000 | |
| Previous Owner | Schmitz James R | $139,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2021 07/30/21 | Sold | $485,000 | -3.0% | $331 / Sq Ft |
| 05/24/2021 05/24/21 | For Sale | -- | -- | -- |
| 05/23/2021 05/23/21 | Pending | -- | -- | -- |
| 05/20/2021 05/20/21 | For Sale | $500,000 | -- | $341 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,224 | $41,000 | $14,644 | $26,356 |
| 2023 | $10,810 | $41,000 | $14,644 | $26,356 |
| 2022 | $10,810 | $41,000 | $14,644 | $26,356 |
| 2021 | $7,704 | $28,923 | $8,320 | $20,603 |
| 2020 | $7,571 | $28,923 | $8,320 | $20,603 |
| 2019 | $7,566 | $32,245 | $8,320 | $23,925 |
| 2018 | $8,758 | $33,446 | $7,322 | $26,124 |
| 2017 | $8,672 | $33,446 | $7,322 | $26,124 |
| 2016 | $8,324 | $33,446 | $7,322 | $26,124 |
| 2015 | $7,499 | $28,020 | $6,323 | $21,697 |
| 2014 | $7,296 | $28,020 | $6,323 | $21,697 |
| 2013 | $7,095 | $28,020 | $6,323 | $21,697 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Messel
-
Alexander Caras
Buyer's Agent in 2021
Alexander Caras
Magellan Marketing Group LLC
(312) 521-9524
1 in this area
84 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11088704
APN: 03-17-415-013-0000
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