NOT LISTED FOR SALE

1201 N Race Ave Arlington Heights, IL 60004

Estimated Value: $826,000 - $1,730,000

4 Beds
3.5 Baths
1,097 Sq Ft
$1,276/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $1,250,000 $1,139 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,025/month

221 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Home Office
  • Patton Elementary School Rated 10
  • Wood Flooring
  • Enclosed Patio or Porch

About This Home

As of January 2023

New construction! This gorgeous new build is a feat of architectural ingenuity, every inch surrounded with magnificent detail and the finest finishing touches. A modern, neutral color palette is layered with warmth and texture in the form of handcrafted wood, natural stone and exquisite millwork. Enter the foyer with elegant crown molding and gleaming hardwood floors throughout the home. Ease effortlessly from living to dining room, to the kitchen and family room. Powder room and mudroom leads a passage to the attached 3-car garage and office. Follow the foyer to an open and airy space connecting the great room, kitchen and breakfast nook. With custom cabinetry, gorgeous quartz countertops, an oversized island and top of the line appliances, the kitchen is a home chef's dream. Unwind in an upstairs dedicated to dreams! Four bedrooms including a primary bedroom with dream walk-in closet and en suite and additional full bath along with convenient 2nd-floor laundry. Inside and out, this home features designs that withstand time, rooted in comfort and functionality. Welcome home!

Last Agent to Sell the Property

Holly Connors

@properties Christie's International Real Estate License #475141644 Listed on: 04/06/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Jerzy Mastalerczyk

Compass License #475171335

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,930

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,494

Parking

  • 3 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Wood Flooring
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Partially Finished Basement

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

Schools

  • Patton Elementary School
  • Thomas Middle School
  • John Hersey High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 55x47x131x11x20x125

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,930

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: Yes
  • Property Sub-Type: 2 Stories
  • Year Built: 2022
  • Age: NEW Proposed Construction
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: Yes
  • New/Proposed Construction Options: Appliance Package/Allowance,Bsmnt/Lower Lvl Finished,Central Air,Exterior Brick/Cedar,Fireplace,Basement,Garage,Hardwood/Ceramic Floors
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Walk-In Closet(s), Open Floorplan
  • Room Type: Eating Area, Office, Foyer, Enclosed Porch, Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Existing Basement/Foundation: No

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Patton Elementary School
  • High School: John Hersey High School
  • Middle/Junior School: Thomas Middle School

Lot Info

  • Lot Dimensions: 55X47X131X11X20X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5929.97
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
Jan 30, 2023
Sold by
Marton Premier Homes Llc
Bought by
Carol A Polcyn Revocable Trust and Polcyn
Seller's Agent
Holly Connors
@properties Christie's International Real Estate
Buyer's Agent
Jerzy Mastalerczyk
Compass
List Price
$1,200,000
Sold Price
$1,250,000
Premium/Discount to List
$50,000
4.17%
Views
76
Current Estimated Value
$1,400,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,275
Avg. Annual Appreciation
4.21%

Purchase Details

Listed on
Apr 1, 2021
Closed on
Apr 26, 2021
Sold by
Robinson William S and Estate Of James T Robinson
Bought by
Marion Premier Homes Llc
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Holly Connors
@properties Christie's International Real Estate
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
153.18%
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
Carol A Polcyn Revocable Trust $1,250,000 None Listed On Document
Marion Premier Homes Llc $275,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2023 01/31/23 Sold $1,250,000 +4.2% $1,139 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $1,200,000 +336.4% $1,094 / Sq Ft
06/15/2021 06/15/21 Sold $275,000 -3.5% $251 / Sq Ft View Prior Sale
04/05/2021 04/05/21 For Sale -- -- --
04/02/2021 04/02/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $285,000 -- $260 / 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 $32,166 $117,501 $6,142 $111,359
2023 $8,964 $117,501 $6,142 $111,359
2022 $8,964 $34,001 $6,142 $27,859
2021 $6,019 $23,325 $4,447 $18,878
2020 $5,930 $23,325 $4,447 $18,878
2019 $5,920 $25,975 $4,447 $21,528
2018 $5,434 $22,055 $3,811 $18,244
2017 $5,387 $22,055 $3,811 $18,244
2016 $5,260 $22,055 $3,811 $18,244
2015 $5,029 $19,654 $3,388 $16,266
2014 $4,898 $19,654 $3,388 $16,266
2013 $4,757 $19,654 $3,388 $16,266
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11283623

Midwest Real Estate Data (MRED)

APN: 03-19-320-018-0000