NOT LISTED FOR SALE

1018 E Talbot St Arlington Heights, IL 60004

Estimated Value: $1,186,000 - $1,287,870

4 Beds
4.5 Baths
4,446 Sq Ft
$279/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $1,125,000 $253 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,724/month

77 Days on Market

Highlights

  • 10,912 Acre Lot
  • Fireplace in Primary Bedroom
  • Vaulted Ceiling
  • Olive-Mary Stitt Elementary School Rated A-
  • Recreation Room
  • Wood Flooring

About This Home

As of October 2024

Step into this stunning 5-bedroom, 4.5-bathroom gem at 1018 East Talbot Street, Arlington Heights, IL, where luxury meets comfort. Boasting a generous 4446 square feet of living space, this home is a true standout. As you enter, the gleaming hardwood floors and the cozy fireplace in the spacious living area welcome you in. The kitchen is a chef's dream, complete with high-end appliances and a roomy pantry. The primary bedroom suite is a private retreat with its own spa-like bathroom and walk-in closet, while the additional bedrooms offer plenty of space for family and guests. The finished basement is a versatile space, entertaining, kids area, workout room included with a home sauna equipped with a TV perfect for yoga. Step outside to the patio which is perfect for outdoor gatherings and grilling with the built in island/gas grill.

Last Agent to Sell the Property

Karen Majerczak

Compass License #475143524 Listed on: 09/12/2024

Compass

Last Buyer's Agent

Jen Ortman

Berkshire Hathaway HomeServices Starck Real Estate License #471009586

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,742

Year Built

  • Built in 2000

Lot Details

  • 10,912 Acre Lot
  • Lot Dimensions are 82 x 132
  • Cul-De-Sac

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,446 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Home Gym
  • Wood Flooring
  • Home Security System
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Patio

Schools

  • Olive-Mary Stitt Elementary School
  • Thomas Middle School
  • John Hersey High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • Custom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,742

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • LivingArea: 4446
  • Other Equipment: Humidifier, TV-Cable, Security System, Ceiling Fan(s), Sump Pump
  • Room Type: Bedroom 5, Den, Other Room, Recreation Room, Exercise Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Family Room,Master Bedroom
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Cul-De-Sac
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Olive-Mary Stitt School
  • High School: John Hersey High School
  • Middle/Junior School: Thomas Middle School

Lot Info

  • Lot Size Acres: 10912
  • Lot Dimensions: 82 X 132
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 26741.8
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Oct 23, 2024
Sold by
Mark P Korba Trust and Sudi B Bjornstad Korba Trust
Bought by
Bremer Brian and Bremer Colleen
Seller's Agent
Karen Majerczak
Compass
Buyer's Agent
Jen Ortman
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$1,225,000
Sold Price
$1,125,000
Premium/Discount to List
-$100,000
-8.16%
Views
24
Current Estimated Value
$1,238,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,468
Avg. Annual Appreciation
10.09%
Original Mortgage
$900,000
Outstanding Balance
$891,316
Interest Rate
6.8%
Mortgage Type
New Conventional
Estimated Equity
$347,152

Purchase Details

Closed on
Dec 13, 2019
Sold by
Korba Mark and Korba Sudi B
Bought by
Korba Sudi B Bjornstad and Korba Mark P

Purchase Details

Closed on
Nov 12, 2010
Sold by
Kierson Miles L and Kierson Ellie B
Bought by
Korba Mark and Korba Sudi B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2005
Sold by
Pesch Daniel E and Pesch Ellen P
Bought by
Kierson Miles L and Kierson Ellie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 1999
Sold by
Continental Community Bank & Trust Co
Bought by
Pesch Daniel E and Pesch Ellen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
7.29%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bremer Brian $1,125,000 None Listed On Document
Bremer Brian $1,125,000 None Listed On Document
Korba Sudi B Bjornstad -- Attorney
Korba Mark $750,000 Fatic
Kierson Miles L $1,040,000 Fidelity Natl Title Ins Co
Pesch Daniel E $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bremer Brian $900,000
Closed Bremer Brian $900,000
Previous Owner Korba Mark $600,000
Previous Owner Kierson Miles L $832,000
Previous Owner Pesch Daniel E $670,000
Closed Kierson Miles L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 Sold $1,125,000 -2.1% $253 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
09/12/2024 09/12/24 Price Changed $1,149,000 -6.2% $258 / Sq Ft
07/01/2024 07/01/24 For Sale $1,225,000 -- $276 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $26,742 $101,000 $8,730 $92,270
2023 $25,728 $101,000 $8,730 $92,270
2022 $25,728 $101,000 $8,730 $92,270
2021 $20,384 $71,047 $5,456 $65,591
2020 $19,924 $71,047 $5,456 $65,591
2019 $19,942 $79,383 $5,456 $73,927
2018 $21,476 $77,029 $4,637 $72,392
2017 $21,241 $77,029 $4,637 $72,392
2016 $20,047 $77,029 $4,637 $72,392
2015 $20,664 $72,608 $4,092 $68,516
2014 $20,077 $72,608 $4,092 $68,516
2013 $20,290 $72,608 $4,092 $68,516
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12098309

Midwest Real Estate Data (MRED)

APN: 03-20-423-016-0000