NOT LISTED FOR SALE

1116 W Nichols Rd Arlington Heights, IL 60004

Estimated Value: $528,117 - $580,000

3 Beds
3 Baths
1,829 Sq Ft
$300/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $365,000 $200 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,877/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Wood Flooring
  • Buffalo Grove High School Rated A+
  • Vaulted Ceiling
  • 4-minute walk to Lake Terramere Park

About This Home

As of February 2020

Move right into this Creekside colonial across from Nichol Knoll Golf Course. This meticulously maintained home is nestled comfortably in a fabulous family friendly neighborhood highlighted by multiple parks with easy access to the newly renovated Buffalo Creek Forest Preserve and Walter Paytons walking path. You will be impressed by this immaculate and updated 3 bed 2.1 bath home with finished basement. Many special features including new hardwood flooring on the first floor, redesigned kitchen with island,custom breakfast bar and plenty of warm maple cabinets. The large family room offers a cozy floor to ceiling brick fireplace, skylight and sliders to the manicured yard. Upstairs has 3 large bedrooms including master bedroom suite with vaulted ceiling, separate dressing area and private bath. The finished basement was re-carpeted in 2018 and is a great space to hang out plus plenty of closet and storage space. First floor laundry room, 2 car attached garage, concrete drive and the list goes on and on..

Last Agent to Sell the Property

Jackie Lynch

RE/MAX Suburban License #475140635 Listed on: 12/27/2019

RE/MAX Suburban

Last Buyer's Agent

Dorota Lason

United Real Estate Elite License #475136100

United Real Estate Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,870

Year Built

  • 1986

Lot Details

  • 6,098

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Recreation Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,870

Year Built

1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 7
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X6, On Level: Main Level
  • Dining Room: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 25X21, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Closet
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 19X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Recreation Rm, Dimensions: 24X19, On Level: Basement
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1829
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X14, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Exterior Property Features: Patio, Storms/Screens
  • Acreage: 0.1442

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 214
  • Elementary School: Edgar A Poe Elementary School
  • Middle School: Cooper Middle School
  • High School: Buffalo Grove High School
  • Junior High Dist: 21

Lot Info

  • Lot Dimensions: 110X61X110X61
  • Parcel Identification Number: 03061120170000

Tax Info

  • Taxes: 9408.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2019
Closed on
Jan 30, 2020
Sold by
Forstrom Paul V and Forstrom Barbara
Bought by
Domaniewski Marcin L
Seller's Agent
Jackie Lynch
RE/MAX Suburban
Buyer's Agent
Dorota Lason
United Real Estate Elite
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Current Estimated Value
$549,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,529
Avg. Annual Appreciation
7.53%
Original Mortgage
$292,000
Outstanding Balance
$203,246
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$344,345

Purchase Details

Closed on
Jul 23, 2019
Sold by
Forstrom Paul V and Forstrom Barbara
Bought by
Forstrom Paul V and Forstrom Barbara
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
Domaniewski Marcin L $365,000 Precision Title
Forstrom Paul V -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Domaniewski Marcin L $292,000
Previous Owner Forstrom Paul $200,000
Previous Owner Forstrom Paul $100,000
Previous Owner Forstrom Paul $150,000
Previous Owner Forstrom Paul $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $365,000 -2.7% $200 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
12/27/2019 12/27/19 For Sale $375,000 -- $205 / 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 $10,870 $38,000 $5,655 $32,345
2023 $10,328 $38,000 $5,655 $32,345
2022 $10,328 $38,000 $5,655 $32,345
2021 $10,558 $30,521 $3,612 $26,909
2020 $9,232 $30,521 $3,612 $26,909
2019 $9,277 $33,875 $3,612 $30,263
2018 $9,564 $31,557 $3,141 $28,416
2017 $9,408 $31,557 $3,141 $28,416
2016 $9,072 $31,557 $3,141 $28,416
2015 $8,847 $28,692 $2,670 $26,022
2014 $8,736 $28,692 $2,670 $26,022
2013 $8,103 $28,692 $2,670 $26,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10578936

Midwest Real Estate Data (MRED)

APN: 03-06-112-017-0000