NOT LISTED FOR SALE

1116 E Fairview St Arlington Heights, IL 60005

Estimated Value: $656,000 - $722,000

4 Beds
3 Baths
2,300 Sq Ft
$305/Sq Ft Est. Value

Last Sold September 16, 2024

Last sale price $715,000 $311 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,499/month

3 Days on Market

Highlights

  • Property is near park
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Prospect High School Rated A+
  • Wood Flooring
  • Corner Lot

About This Home

As of September 2024

Rarely available and highly desirable Park Manor home has finally come to market! This beautiful, contemporary home checks all the boxes. Open layout on the main level. The spacious living room feels extra large with vaulted ceilings and custom windows. If you are looking for a perfect kitchen for cooking and entertaining, this is for you. Tons of pantry storage and countertop space and a large kitchen island pulls it all together. Stainless steel appliances and white shaker cabinetry. The kitchen connects with a large dinning space and additional seating and bar area. Four generously sized bedrooms. The primary suite includes dual walk-in closets and spacious primary bathroom with separate tub and shower as well as a dual sink vanity. The sub level family room is the perfect additional living space. Mudroom has custom built-ins. Hardwood floors throughout (except for lower level). Bathrooms have all been tastefully updated. Completely private backyard with BRAND NEW privacy fence, 12 foot arbor vitae lining perimeter. Beautiful brick pavers and professional landscaping. Natural gas grill included. BRAND NEW roof and gutters. Heated two car attached garage. Furnace (2005), A/C (2022) water heater (2018) Walking distance to downtown Arlington Heights shopping and restaurants and the Metro. Just a five minute drive to the expressway.

Last Agent to Sell the Property

Lindsey Kaplan

@properties Christie?s International Real Estate License #475163012 Listed on: 07/24/2024

@properties Christie?s International Real Estate

Co-Listed By

Anne Kaplan

@properties Christie?s International Real Estate License #475125563

Last Buyer's Agent

Elias Masud

Compass License #475163294

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,172

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 132x60
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Brick Driveway

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • 2,300 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Home Office
  • Wood Flooring

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom
  • Crawl Space

Schools

  • Dryden Elementary School
  • South Middle School
  • Prospect High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 150 Amp Service
  • Lake Michigan Water

Additional Features

  • Patio
  • Property is near park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,172

Year Built

Built in 1969

Lot Details

8,015 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, Refrigerator, Disposal
  • Basement: Partial
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Walk-In Closet(s)
  • LivingArea: 2300
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Crawl
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio
  • Lot Features: Corner Lot, Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Brick
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 150 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Dryden Elementary School
  • High School: Prospect High School
  • Middle/Junior School: South Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 132X60
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 10171.85
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 10, 2024
Sold by
Marcello James and Osgood Brittany
Bought by
Gipson Thomas D and Kahn Rachel S
Seller's Agent
Lindsey Kaplan
@properties Christie?s International Real Estate
Buyer's Agent
Elias Masud
Compass
List Price
$674,900
Sold Price
$715,000
Premium/Discount to List
$40,100
5.94%
Views
60
Current Estimated Value
$702,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,412
Avg. Annual Appreciation
-1.18%
Original Mortgage
$643,500
Outstanding Balance
$635,241
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$67,347

Purchase Details

Closed on
Mar 26, 2012
Sold by
Marcello James
Bought by
Marcello James and Osgood Brittany

Purchase Details

Closed on
May 20, 2010
Sold by
Kneisl David H and Kneisl Dena D
Bought by
Marcello James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2008
Sold by
Drozd William and Drozd Grazyna
Bought by
Kneisl David H and Kneisl Dena D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2004
Sold by
Mikovenyi Nelson and Mikovenyi Leticia
Bought by
Drozd William and Drozd Grazyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2003
Sold by
Marsigla Bernard A
Bought by
Mikovenyi Nelson and Mikovenyi Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
4.87%
Mortgage Type
Unknown
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Gipson Thomas D $715,000 None Listed On Document
Marcello James -- None Available
Marcello James $545,000 Chicago Title Insurance Co
Kneisl David H -- None Available
Drozd William $332,500 Bt
Mikovenyi Nelson $312,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gipson Thomas D $643,500
Previous Owner Marcello James $417,000
Previous Owner Kneisl David H $417,000
Previous Owner Drozd William $266,000
Previous Owner Mikovenyi Nelson $232,500
Closed Drozd William $66,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2024 09/16/24 Sold $715,000 +5.9% $311 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $674,900 -- $293 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $10,590 $67,000 $9,637 $57,363
2024 $10,590 $42,000 $8,031 $33,969
2023 $10,172 $42,000 $8,031 $33,969
2022 $10,172 $42,000 $8,031 $33,969
2021 $10,617 $38,602 $5,019 $33,583
2020 $10,410 $38,602 $5,019 $33,583
2019 $10,361 $42,892 $5,019 $37,873
2018 $10,806 $40,465 $4,417 $36,048
2017 $10,696 $40,465 $4,417 $36,048
2016 $10,212 $40,465 $4,417 $36,048
2015 $13,847 $49,519 $3,814 $45,705
2014 $13,458 $49,519 $3,814 $45,705
2013 $13,103 $49,519 $3,814 $45,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12119770

Midwest Real Estate Data (MRED)

APN: 03-32-234-031-0000

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