NOT LISTED FOR SALE

1251 N Race Ave Arlington Heights, IL 60004

Estimated Value: $470,000 - $655,000

3 Beds
2 Baths
2,103 Sq Ft
$265/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $413,500 $197 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,772/month

2 Days on Market

Highlights

  • Heated Floors
  • Property is near a park
  • 2-Story Property
  • Patton Elementary School Rated 10
  • Recreation Room
  • Main Floor Bedroom

About This Home

As of April 2024

Discover this impeccably maintained home nestled in Arlington Heights, boasting a sought-after location within a top-ranking school district. With 4 bedrooms, 2 full bathrooms, and over 2000 sq ft of living space, this residence offers both comfort and style. The inviting eat-in kitchen seamlessly connects to a spacious dining area, flooded with natural light from numerous windows. A grand living room, adorned with two sliding doors and a stone fireplace, provides the perfect setting for relaxation. Upstairs, a family room awaits, complemented by a separate rec room, ideal for entertaining or unwinding. Recent updates include a beautifully renovated hall bathroom with heated floors (2023), along with a newer first-floor furnace and water heater (2021). Outside, the property features siding on the garage and gables on the house new (2020), a sizable two-car garage, one with a new opener (2024), a separate shed, and a tranquil pond inhabited by charming koi fish. Conveniently located near parks, restaurants, shopping, and major expressways, this home offers a blend of convenience and luxury. Don't miss the chance to make this delightful residence yours.

Last Agent to Sell the Property

Joseph DeFrancesco

Dapper Crown License #475164682 Listed on: 02/15/2024

Last Buyer's Agent

Sam Shaffer

Chicago Properties Firm License #471017780

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,713

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 66x132
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Brick Driveway
  • Parking Included in Price

Home Design

  • 2-Story Property
  • Asphalt Roof

Interior Spaces

  • 2,103 Sq Ft Home
  • Paneling
  • Ceiling Fan
  • Skylights
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Crawl Space
  • Storm Screens

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,713

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors, Heated Floors, First Floor Bedroom, First Floor Laundry, Paneling
  • LivingArea: 2103
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • List Price: 374900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Brick
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

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: Patton Elementary School
  • High School: John Hersey High School
  • Middle/Junior School: Thomas Middle School
  • Middle/Junior School District: 25

Lot Info

  • Lot Dimensions: 66X132
  • Rural (Y/N): N
  • 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: 9713
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 1, 2024
Sold by
Jacob Nicholas J and Jacob Tina M
Bought by
Cahill Michael
Seller's Agent
Joseph DeFrancesco
Dapper Crown
Buyer's Agent
Sam Shaffer
Chicago Properties Firm
List Price
$374,900
Sold Price
$413,500
Premium/Discount to List
$38,600
10.3%
Views
100
Current Estimated Value
$558,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,725
Avg. Annual Appreciation
21.21%
Original Mortgage
$330,400
Outstanding Balance
$325,482
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$232,743
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
Cahill Michael $413,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cahill Michael $330,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2024 04/01/24 Sold $413,500 +10.3% $197 / Sq Ft
02/18/2024 02/18/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $374,900 -- $178 / 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 $10,138 $35,506 $6,316 $29,190
2023 $9,714 $43,000 $6,316 $36,684
2022 $9,714 $43,000 $6,316 $36,684
2021 $9,255 $36,739 $4,573 $32,166
2020 $9,136 $36,739 $4,573 $32,166
2019 $9,121 $40,912 $4,573 $36,339
2018 $7,965 $33,477 $3,920 $29,557
2017 $8,681 $33,477 $3,920 $29,557
2016 $8,333 $33,477 $3,920 $29,557
2015 $8,508 $31,438 $3,484 $27,954
2014 $8,275 $31,438 $3,484 $27,954
2013 $8,050 $31,438 $3,484 $27,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11981573

Midwest Real Estate Data (MRED)

APN: 03-19-320-005-0000