NOT LISTED FOR SALE

1225 N Chestnut Ave Arlington Heights, IL 60004

Estimated Value: $517,060 - $658,000

4 Beds
3 Baths
1,443 Sq Ft
$412/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $420,000 $291 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,988/month

19 Days on Market

Highlights

  • Ranch Style House
  • Detached Garage
  • Forced Air Heating and Cooling System
  • Olive-Mary Stitt Elementary School Rated A-

About This Home

As of August 2018

Beautifully rehabbed home with designer high end finishes located within one of Arlington Heights most desirable school districts. Close proximity to downtown Arlington Heights and public transportation. Home offers desirable open floor plan with white shaker cabinets, quartz countertops, stainless steel appliances along with 3 new bathrooms and a finished basement. In addition, the brand-new mechanicals, water service, hardwood floors, wainscoting, trim, doors, windows and light fixtures make this property a great value at this price. Property was fully permitted and completed by experienced developer. Bring all offers, easy to show.

Last Agent to Sell the Property

Matthew Arminio

247 Brokers, LLC License #471019243 Listed on: 06/15/2018

Last Buyer's Agent

Elizabeth Hanahan

HomeSmart Connect LLC License #475179318

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,129

Year Built | Renovated

  • 1957 | 2018

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Finished Basement

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

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,129

Year Built | Renovated

1957 | 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 3
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957
  • Year Renovated: 2018

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 15X17, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 9X12, On Level: Basement
  • Dining Room: Dimensions: 10X11, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 11X15, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X12, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 1443
  • Family Room: Dimensions: 14X20, On Level: Basement, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Acreage: 0.1818

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 214
  • Elementary School: OLIVE-MARY STITT SCHOOL
  • Middle School: THOMAS MIDDLE SCHOOL
  • High School: JOHN HERSEY HIGH SCHOOL
  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 60X132
  • Parcel Identification Number: 03194120050000

Tax Info

  • Taxes: 5485

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2020
Sold by
Stefanelli Cheri and Stefanelli Cheryl L
Bought by
Devoe Evan and Devoe Lauren
Current Estimated Value
$594,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 31, 2018
Sold by
Lasalle Street Homes Mc Llc
Bought by
Stefanelli Cheri
Seller's Agent
Matthew Arminio
247 Brokers, LLC
Buyer's Agent
Elizabeth Hanahan
HomeSmart Connect LLC
List Price
$424,900
Sold Price
$420,000
Premium/Discount to List
-$4,900
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$399,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2017
Sold by
Malik Sandra
Bought by
Lasalle Street Homes Mc Llc

Purchase Details

Closed on
Nov 11, 2004
Sold by
Malik Gerald M
Bought by
Malik Gerald M and Malik Sandra

Purchase Details

Closed on
May 3, 2004
Sold by
Goebbert Carol
Bought by
Malik Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
May 5, 1995
Sold by
Goebbert Elwood L and Goebbert Carol A
Bought by
Goebbert Carol
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Devoe Evan $450,000 Attorney
Stefanelli Cheri $420,000 Premier Title
Lasalle Street Homes Mc Llc $248,500 Multiple
Malik Gerald M -- --
Malik Gerald $292,000 Cti
Goebbert Carol -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Devoe Evan $420,000
Previous Owner Stefanelli Cheri $399,000
Previous Owner Malik Gerald $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2018 08/07/18 Sold $420,000 -1.2% $291 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $424,900 -- $294 / 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 $10,129 $39,165 $7,920 $31,245
2023 $9,755 $39,165 $7,920 $31,245
2022 $9,755 $39,165 $7,920 $31,245
2021 $8,937 $29,688 $4,950 $24,738
2020 $7,796 $29,688 $4,950 $24,738
2019 $7,761 $32,987 $4,950 $28,037
2018 $8,427 $28,878 $4,356 $24,522
2017 $8,328 $28,878 $4,356 $24,522
2016 $5,485 $28,878 $4,356 $24,522
2015 $6,325 $25,918 $3,762 $22,156
2014 $6,167 $25,918 $3,762 $22,156
2013 $5,983 $25,918 $3,762 $22,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09987624

Midwest Real Estate Data (MRED)

APN: 03-19-412-005-0000