NOT LISTED FOR SALE

224 S Chestnut Ave Arlington Heights, IL 60005

Estimated Value: $477,000 - $646,000

3 Beds
2 Baths
1,498 Sq Ft
$361/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $385,500 $257 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,366/month

3 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Main Floor Bedroom
  • Westgate Elementary School Rated 10
  • Wood Flooring
  • 3-minute walk to Cronin Park

About This Home

As of May 2021

This adorable cape cod exudes charm and the prime walk to town location will ensure you are part of all the action downtown Arlington Heights has to offer. You'll love the open flow of the main living areas making it easy to entertain family and friends. The family room features hardwood flooring and is open to the generously sized eating area and kitchen space. Enjoy pretty views and flow easily outside to the deck and yard from the sliding glass doors in the eating area. Abundant cabinetry & pull-out drawers provide a place for everything. The main level also features a remodeled full bathroom. The 2nd level offers great flexibility with primary bedroom space open to a bonus area with boundless possibilities-use as an office, nursery, private den, or workout area. There is a nice-sized full bathroom and large walk-in closet on this level. The basement is partially finished and can be utilized now for recreation and finished further to add value and cozy living space. Not enough can be said about the location-within Westgate elementary school (Top 10% in IL) it is also steps to South Middle School and Cronin Park and walk to downtown AH + Pioneer Park. From summer fun at Arlington Al Fresco + indoor & outdoor recreation at Pioneer-you have everything at your doorstep, making this the perfect opportunity to be part of the Arlington Heights community.

Last Agent to Sell the Property

Shaunna Burhop

Baird & Warner License #475144690 Listed on: 03/31/2021

Baird & Warner

Last Buyer's Agent

Jonathan Darin

Coldwell Banker Real Estate Group License #475138794

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,260

Year Built

  • 1943

Lot Details

  • 3,485

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • Built-In Features
  • Recreation Room
  • Bonus Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,260

Year Built

1943

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1943
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1943

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 8
  • Living Room: Dimensions: 13X17, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 4X6, On Level: Basement, Windows: None
  • Dining Room: Dimensions: 9X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 9X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Bonus, Recreation Room
  • Master Bedroom: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Bonus, Dimensions: 11X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 2 Name: Recreation Rm, Dimensions: 24X35, On Level: Basement, Windows: None
  • Bedroom 2: Dimensions: 9X11, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 11X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 1498
  • Dining Room Type: Kitchen/Dining Combo

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Exterior Property Features: Deck
  • Acreage: 0.081

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1.5
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 1498

Schools

  • School District: 214
  • Elementary School: Westgate Elementary School
  • Middle School: South Middle School
  • High School: Rolling Meadows High School
  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 50X139.9
  • Parcel Identification Number: 03312120250000

Tax Info

  • Taxes: 6684.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Apr 30, 2021
Sold by
Granzeier Arthur G and Granzeier Timothy
Bought by
Barry Thomas Kein and Boyd Rachel
Seller's Agent
Shaunna Burhop
Baird & Warner
Buyer's Agent
Jonathan Darin
Coldwell Banker Real Estate Group
List Price
$359,900
Sold Price
$385,500
Premium/Discount to List
$25,600
7.11%
Current Estimated Value
$541,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,945
Avg. Annual Appreciation
8.12%
Original Mortgage
$295,500
Outstanding Balance
$266,907
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$274,538

Purchase Details

Closed on
May 21, 2015
Sold by
Granzeier Arthur G
Bought by
2015 Granzeier Jr Arthur G and Arthur G Granzeier Jr 2015 Revocable Tru

Purchase Details

Closed on
Dec 28, 2006
Sold by
Granzeier Arthur G and Granzeier Helen V
Bought by
Granzeier Arthur G and Granzeier Helen V

Purchase Details

Closed on
Dec 31, 2001
Sold by
Mitchell William J and Mitchell Mary Therese
Bought by
Granzeier Arthur G and Granzeier Helen V

Purchase Details

Closed on
Feb 27, 2001
Sold by
Jobst Jay R
Bought by
Mitchell William J and Mitchell Mary Therese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.13%
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
Barry Thomas Kein $385,500 Baird & Warner Ttl Svcs Inc
2015 Granzeier Jr Arthur G -- None Available
Granzeier Arthur G -- None Available
Granzeier Arthur G -- --
Mitchell William J $205,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barry Thomas Kevin $132,000
Open Barry Thomas Kein $295,500
Previous Owner Mitchell William J $205,000
Previous Owner Jobst Jay R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $385,500 +7.1% $257 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $359,900 -- $240 / 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 $5,260 $19,215 $4,230 $14,985
2023 $5,066 $19,215 $4,230 $14,985
2022 $5,066 $19,215 $4,230 $14,985
2021 $3,392 $14,265 $2,203 $12,062
2020 $3,364 $14,265 $2,203 $12,062
2019 $3,342 $15,815 $2,203 $13,612
2018 $3,226 $14,490 $1,938 $12,552
2017 $2,822 $14,490 $1,938 $12,552
2016 $3,595 $15,507 $1,938 $13,569
2015 $3,211 $13,122 $1,674 $11,448
2014 $3,130 $13,122 $1,674 $11,448
2013 $3,037 $13,122 $1,674 $11,448
Source: Public Records

Agents Affiliated with this Home

  • Shaunna Burhop

    Seller's Agent in 2021

    Shaunna Burhop

    Baird Warner

    (847) 275-0277

    197 Total Sales

    Shaunna Burhop
    Section Image
  • Jonathan Darin

    Buyer's Agent in 2021

    Jonathan Darin

    Coldwell Banker Real Estate Group

    (708) 473-5241

    485 Total Sales

    Jonathan Darin
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11038342

Midwest Real Estate Data (MRED)

APN: 03-31-212-025-0000

Illinois Cook County Arlington Heights 60005

224 S Chestnut Ave, Arlington Heights, IL

This home is located at 224 S Chestnut Ave, Arlington Heights, IL 60005 since 31 March 2021 and is currently estimated at $541,445, approximately $361 per square foot. This property was built in 1943. 224 S Chestnut Ave is a home located in Cook County with nearby schools including Westgate Elementary School, South Middle School, and Rolling Meadows High School.

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