Seller's Agent in 2024
David Schwabe
Compass
(847) 636-6747
2 in this area
417 Total Sales
1111 E Vargo Ln Arlington Heights, IL 60004
Ivy Hill NeighborhoodEstimated Value: $620,000 - $711,000
3
Beds
2.5
Baths
2,201
Sq Ft
$305/Sq Ft
Est. Value
Highlights
- Property is near a park
- Recreation Room
- Ranch Style House
- Ivy Hill Elementary School Rated A-
- Vaulted Ceiling
- Wood Flooring
About This Home
As of July 2024Ivy Hill brick ranch has been updated throughout & is ready for you to call home. Enjoy entertaining in the spacious living room with large window overlooking the backyard and special occasions in the separate dining room. Daily meal prep with be a delight in the renovated kitchen (2016) featuring contrasting center island, 42" knotty Alder cabinets, granite counters, & KitchenAid SS Appliances. Relax by the brick fireplace in the cozy family room. Convenient laundry/mud room offers sink, coat closet, storage cabinets, and exterior access. Three nicely sized bedrooms are located away from the main living area including the primary suite with walk-in closet and ensuite bath with double bowl vanity. The finished basement adds valuable square footage to the home with a large recreation room & storage/work room. Soak up the fresh outdoor air in the screened porch or enjoy summer nights in the backyard with a convenient shed for additional storage. All bathrooms have been nicely updated (2016-2018), hardwood floors throughout the main level, plantation shutters (2016), white trim & 6 panel doors (2016), updated laundry room (2016), concrete driveway (2023), and so much more. Great location near Lake Arlington with walking path & boat rentals, and nearby dining and shopping. Excellent schools include Ivy Hill, Thomas, and Buffalo Grove HS.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,450
Year Built
- Built in 1977
Lot Details
- 9,518 Sq Ft Lot
- Lot Dimensions are 71 x 125 x 4 x 70 x 146
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,201 Sq Ft Home
- Vaulted Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Family Room with Fireplace
- Formal Dining Room
- Recreation Room
- Screened Porch
- Storage Room
- Wood Flooring
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- Bathroom on Main Level
- Dual Sinks
Laundry
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Partial Basement
- Sump Pump
- Crawl Space
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Accessible Home Design
- Grab Bar In Bathroom
- Accessibility Features
Schools
- Ivy Hill Elementary School
- Thomas Middle School
- Buffalo Grove High School
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
Additional Features
- Shed
- Property is near a park
Community Details
- Ivy Hill Subdivision
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2024
Closed on
Jul 24, 2024
Sold by
Eileen M Kellen Revocable Trust and Kellen Donald M
Bought by
Schmaus Michael and Schmaus Lisa
Seller's Agent
David Schwabe
Compass
Buyer's Agent
Allison Lutz
RE/MAX Suburban
List Price
$650,000
Sold Price
$650,000
Views
9
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
$22,113
Avg. Annual Appreciation
2.73%
Purchase Details
Closed on
Oct 6, 2023
Sold by
Kellen Eileen M
Bought by
Donald M Kellen Revocable Trust and Kellen
Purchase Details
Closed on
Aug 23, 2018
Sold by
Kellen Donald M and Kellen Eileen M
Bought by
Kellen Eileen M and Eileen M Kellen Revocable Trust No 1
Purchase Details
Listed on
Oct 29, 2015
Closed on
Jan 17, 2016
Sold by
Boetto Baptist F
Bought by
Kellen Donald M and Kellen Eileen M
Seller's Agent
Julia Hart
Baird & Warner
Buyer's Agent
David Schwabe
Compass
List Price
$428,000
Sold Price
$414,000
Premium/Discount to List
-$14,000
-3.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$331,200
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Schmaus Michael | $650,000 | None Listed On Document | |
| Donald M Kellen Revocable Trust | -- | None Listed On Document | |
| Kellen Eileen M | -- | Attorney | |
| Kellen Donald M | $414,000 | Ct |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kellen Donald M | $331,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/30/2024 07/30/24 | Sold | $650,000 | 0.0% | $295 / Sq Ft | |
| 06/29/2024 06/29/24 | Pending | -- | -- | -- | |
| 05/23/2024 05/23/24 | For Sale | $650,000 | +57.0% | $295 / Sq Ft | |
| 02/11/2016 02/11/16 | Sold | $414,000 | -3.3% | $188 / Sq Ft | View Prior Sale |
| 11/04/2015 11/04/15 | Pending | -- | -- | -- | |
| 10/29/2015 10/29/15 | For Sale | $428,000 | -- | $194 / 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 | $9,112 | $39,254 | $10,472 | $28,782 |
| 2023 | $9,450 | $39,254 | $10,472 | $28,782 |
| 2022 | $9,450 | $42,000 | $10,472 | $31,528 |
| 2021 | $7,870 | $32,140 | $5,950 | $26,190 |
| 2020 | $7,787 | $32,140 | $5,950 | $26,190 |
| 2019 | $7,787 | $35,831 | $5,950 | $29,881 |
| 2018 | $8,424 | $35,051 | $5,236 | $29,815 |
| 2017 | $8,915 | $36,989 | $5,236 | $31,753 |
| 2016 | $9,431 | $39,345 | $5,236 | $34,109 |
| 2015 | $4,718 | $32,768 | $4,522 | $28,246 |
| 2014 | $4,485 | $32,768 | $4,522 | $28,246 |
| 2013 | $4,476 | $32,768 | $4,522 | $28,246 |
Source: Public Records
Agents Affiliated with this Home
-
David Schwabe
-
Allison Lutz
Buyer's Agent in 2024
Allison Lutz
RE/MAX Suburban
(847) 385-3048
1 in this area
18 Total Sales
-
Julia Hart
Seller's Agent in 2016
Julia Hart
Baird Warner
(847) 971-8592
57 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12064438
APN: 03-17-414-009-0000
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