NOT LISTED FOR SALE

2535 N Waterman Ave Arlington Heights, IL 60004

Estimated Value: $1,452,000 - $1,787,000

4 Beds
5 Baths
4,995 Sq Ft
$313/Sq Ft Est. Value

Last Sold August 10, 2016

Last sale price $960,000 $192 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $10,484/month

49 Days on Market

Highlights

  • Landscaped Professionally
  • Property is near a park
  • Wooded Lot
  • Anne Sullivan Elementary School Rated A-
  • Recreation Room
  • 2-minute walk to Carousel Park

About This Home

As of August 2016

Beautifully designed 4,995 sq.ft. custom ranch by an architect & high-end builder. Original owners made their dreams come true! Ideal location is across from a park, walking/biking distance to Lake Arlington & offers .84 acre yard. The dramatic open floor plan will take your breath away with soaring 10 - 16 ft. ceilings. Flooring includes travertine, marble, quartz, limestone & natural cherry hardwood. Exclusive and efficient whole house radiant floor hot water heating system has 11 zones, separate thermostats & provides warm floors. Upper attic has approx. 1,300 sq. ft. - windows, soaring ceilings, skylights, plumbed, & drywall sheets to finish an in-law suite & theater area. The 4,000 sq. ft. basement has a bath & 2nd fireplace. Enjoy quartz patio & covered porch, prof. landscaping & lush yard - flowering trees. Bonus 6+ car 1,280 sq. heated detached garage for toys, storage & work area. Please see upgrades, floor plan & survey under additional information. Perfection

Last Agent to Sell the Property

Marilyn Dopler

HomeSmart Connect LLC License #471000503 Listed on: 04/30/2016

HomeSmart Connect LLC

Last Buyer's Agent

Dawn Simmons

RE/MAX Suburban License #475125202

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,000

Year Built

  • 2005

Lot Details

  • East or West Exposure
  • Landscaped Professionally
  • Wooded Lot

Parking

  • Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Vaulted Ceiling
  • Dining Area
  • Den
  • Recreation Room
  • Bonus Room
  • Wood Flooring
  • Storm Screens
  • Attic

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Patio
  • Outdoor Grill

Location

  • Property is near a park

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Hot Water Heating System
  • Radiant Heating System
  • Individual Controls for Heating
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,000

Year Built

2005

Lot Details

0

Parking

9

Listing Details

  • Property Type: Detached Single
  • Age: 11-15 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 13
  • Living Room: Dimensions: 16X16, On Level: Main Level, Flooring: Marble, Windows: All
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Wine Cooler/Refrigerator
  • Equipment: Humidifier, Central Vacuum, TV-Cable, Security System, Intercom, CO Detectors, Ceiling Fan, Sump Pump, Air Cleaner, Power Generator
  • Attic: Full
  • Fireplace Location: Family Room, Basement
  • Basement: Full
  • Basement: Unfinished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 16X8, On Level: Main Level, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 13X14, On Level: Main Level, Flooring: Marble, Windows: All
  • Kitchen Type: Dimensions: 18X14, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Walk-in
  • Additional Rooms: Attic, Bonus, Den, Eating Area, Recreation Room
  • Master Bedroom: Dimensions: 24X16, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Eating Area, Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 2 Name: Den, Dimensions: 13X15, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 13X16, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 3 Name: Bonus, Dimensions: 28X16, On Level: Attic, Flooring: Other, Windows: None
  • Bedroom 3: Dimensions: 12X14, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 4 Name: Recreation Rm, Dimensions: 32X16, On Level: Attic, Flooring: Other, Windows: None
  • Bedroom 4: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 5 Name: Attic, Dimensions: 20X21, On Level: Attic, Flooring: Other, Windows: None
  • Estimated Sq Ft: 4995
  • Dining Room Type: Separate
  • Family Room: Dimensions: 23X26, On Level: Main Level, Flooring: Hardwood, Windows: All

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens, Outdoor Grill
  • Exposure: W (West)
  • Acreage: 0.84

Garage/Parking

  • Number of Cars: 9
  • Parking: Garage
  • Garage Type: Attached, Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated, 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 9
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Radiant, Indv Controls, Zoned

Schools

  • Junior High Dist: 23

Lot Info

  • Lot Dimensions: 124.93 X 293.29
  • Lot Description: Landscaped Professionally, Park Adjacent, Wooded
  • Parcel Identification Number: 03162000360000

Tax Info

  • Taxes: 22796

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2016
Closed on
Jul 25, 2016
Sold by
Vasey Del J and Vasey Lynn W
Bought by
Novak Kevin A and Novak Katharina A
Seller's Agent
Marilyn Dopler
HomeSmart Connect LLC
Buyer's Agent
Dawn Simmons
RE/MAX Suburban
List Price
$990,000
Sold Price
$960,000
Premium/Discount to List
-$30,000
-3.03%
Current Estimated Value
$1,565,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,233
Avg. Annual Appreciation
5.45%
Original Mortgage
$750,000
Outstanding Balance
$601,102
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$964,131

Purchase Details

Closed on
Jul 3, 1996
Sold by
Ertl Richard D and Ertl Betty A
Bought by
Vasey Del J and Vasey Lynn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
8%

Purchase Details

Closed on
Mar 24, 1994
Sold by
Thomas Raymond R and Thomas Rosemary
Bought by
Ertl Richard D and Ertl Betty A

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
7.35%
Source: Public Records

Range of Values:

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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
Novak Kevin A $960,000 Attorneys Title Guaranty Fun
Vasey Del J $222,500 --
Ertl Richard D $156,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novak Kevin A $750,000
Previous Owner Vasey Del J $178,000
Previous Owner Ertl Richard D $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2016 08/10/16 Sold $960,000 -1.5% $192 / Sq Ft
06/18/2016 06/18/16 Pending -- -- --
05/26/2016 05/26/16 Price Changed $975,000 -1.5% $195 / Sq Ft
04/30/2016 04/30/16 For Sale $990,000 -- $198 / 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 $27,000 $99,000 $40,489 $58,511
2023 $25,753 $99,000 $40,489 $58,511
2022 $25,753 $99,000 $40,489 $58,511
2021 $17,866 $60,176 $8,281 $51,895
2020 $17,453 $60,176 $8,281 $51,895
2019 $17,382 $67,086 $8,281 $58,805
2018 $22,680 $79,037 $7,361 $71,676
2017 $22,450 $79,037 $7,361 $71,676
2016 $21,149 $79,037 $7,361 $71,676
2015 $23,141 $78,540 $6,441 $72,099
2014 $22,796 $78,540 $6,441 $72,099
2013 $22,215 $78,540 $6,441 $72,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09211207

Midwest Real Estate Data (MRED)

APN: 03-16-200-036-0000