NOT LISTED FOR SALE

1523 N Yale Ave Arlington Heights, IL 60004

Estimated Value: $1,430,000 - $1,624,000

4 Beds
4 Baths
3,686 Sq Ft
$413/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $1,339,000 $363 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,219/month

64 Days on Market

Highlights

  • New Construction
  • Great Room
  • Home Office
  • Patton Elementary School Rated 10
  • Mud Room
  • 3-minute walk to Virginia Terrace Park

About This Home

As of June 2021

SOLD BEFORE PROCESSING.

Last Agent to Sell the Property

Maria DelBoccio

@properties Christie's International Real Estate License #475146842 Listed on: 06/27/2019

@properties Christie's International Real Estate

Co-Listed By

Diane Marchetti

@properties Christie's International Real Estate License #475127061

Last Buyer's Agent

Maria DelBoccio

@properties Christie's International Real Estate License #475146842 Listed on: 06/27/2019

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,415

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 115x175

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,686 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Home Office
  • Unfinished Basement
  • English Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,415

Year Built

Built in 2020 | 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: 2020
  • Age: NEW Will Build to Suit
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: English
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 3686
  • Room Type: Great Room, Mud Room, Office, Foyer
  • Estimated Total Finished Sq Ft: 3686
  • Assessed Sq Ft: 1040
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3686
  • Fireplace Location: Family Room
  • Total Sq Ft: 3686
  • Upper Level Sq Ft: 1826
  • Main Level Sq Ft: 1860
  • Existing Basement/Foundation: No

Exterior Features

  • List Price: 1249925
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

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 Size Acres: 0.462
  • Lot Dimensions: 115X175
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6414.99
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Jun 17, 2021
Sold by
Ornelas Johnny
Bought by
Klues Jordan and Klues Renee
Seller's Agent
Maria DelBoccio
@properties Christie's International Real Estate
Buyer's Agent
Maria DelBoccio
@properties Christie's International Real Estate
List Price
$1,249,925
Sold Price
$1,339,000
Premium/Discount to List
$89,075
7.13%
Current Estimated Value
$1,520,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,871
Avg. Annual Appreciation
2.96%
Original Mortgage
$1,500,000
Outstanding Balance
$1,358,063
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$162,808

Purchase Details

Closed on
Nov 22, 2019
Sold by
Scaravalle Achille and Scaravalle Christine A
Bought by
Ornelas Johnny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$891,000
Interest Rate
3.87%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 9, 2015
Sold by
Scaravalle Achille and Scaravalle Christine A
Bought by
Scaravalle Achille and Scaravalle Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2003
Sold by
Gaare Timothy B and Gaare Susan A
Bought by
Scaravalle Achille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.76%
Mortgage Type
Unknown
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
Klues Jordan $1,339,000 Chicago Title
Ornelas Johnny $325,000 Chicago Title
Scaravalle Achille -- First American Title
Scaravalle Achille $322,000 Atgf Inc
Scaravalle Achille $322,000 Atgf Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klues Jordan $1,500,000
Previous Owner Ornelas Johnny $891,000
Previous Owner Scaravalle Achille $260,000
Previous Owner Scaravalle Achille $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2021 06/17/21 Sold $1,339,000 0.0% $363 / Sq Ft
04/30/2021 04/30/21 Off Market $1,339,000 -- --
08/30/2019 08/30/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $1,249,925 -- $339 / 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 $26,910 $87,953 $14,591 $73,362
2023 $25,890 $101,616 $14,591 $87,025
2022 $25,890 $101,616 $14,591 $87,025
2021 $27,460 $94,555 $10,565 $83,990
2020 $3,098 $10,565 $10,565 $0
2019 $6,415 $27,862 $10,565 $17,297
2018 $7,559 $29,340 $9,056 $20,284
2017 $7,488 $29,340 $9,056 $20,284
2016 $7,220 $29,340 $9,056 $20,284
2015 $6,571 $24,877 $8,050 $16,827
2014 $6,395 $24,877 $8,050 $16,827
2013 $6,217 $24,877 $8,050 $16,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10432261

Midwest Real Estate Data (MRED)

APN: 03-19-109-002-0000