NOT LISTED FOR SALE

2703 Elayne Ct Arlington Heights, IL 60005

Estimated Value: $518,000 - $589,000

3 Beds
3 Baths
2,950 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $500,000 $169 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,822/month

3 Days on Market

Highlights

  • Access To Lake
  • Waterfront
  • Deck
  • Rolling Meadows High School Rated A+
  • Community Lake
  • Beamed Ceilings

About This Home

As of July 2024

Here is your opportunity to experience the peace and serenity of what a lakefront property can offer. Rarely available single family home overlooking Lake Briarwood and situated in the coveted cul-de-sac of Elayne Court, a private street comprising of just seven single family residences. This residence features three bedrooms with plenty of closet space including an east facing primary suite with splendid lake views and also three full bathrooms. The main level features a large living room, kitchen, dining area , family room with a panoramic view of the lake and a rear deck making it the ideal home to entertain your friends & family. There is also a large recreation room and bathroom in the lower level with direct garage access. The attached oversized 2 car garage has plenty of space for two larger vehicles and storage options. The 2nd floor features three large bedrooms including a primary suite plus a main bathroom. What really sets this property apart, is the private jetty just steps away from the rear deck. Relax on the large rear deck or why not launch your canoe or small boat on a beautiful summers day and take a cruise around Lake Briarwood. This property requires updating and modernization specifically the kitchen , bathrooms, flooring, paint, etc but has so much potential. The driveway was replaced in 2023 with poured concrete (over $30k) so one less thing to budget for. Seize this opportunity and customize the interior of this hidden gem to your own taste and specifications. Ideally located within close access to interstate 90 and just a 15 minute drive to O'Hare international airport. Please note, this property is an Estate Sale and shall be conveyed in AS-IS condition

Last Agent to Sell the Property

Kieran Fahy

Fahy Real Estate Inc License #471018321 Listed on: 05/09/2024

Last Buyer's Agent

Peter Liu

Charles Rutenberg Realty License #475143953

Charles Rutenberg Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,467

Year Built

  • Built in 1968

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 50x122x87x101x63x50
  • Waterfront
  • Cul-De-Sac

HOA Fees

  • $35 Monthly HOA Fees

Parking

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

Home Design

  • Split Level Home
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,950 Sq Ft Home
  • Beamed Ceilings
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Partially Carpeted
  • Water Views

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Access To Lake
  • Tideland Water Rights
  • Deck

Schools

  • John Jay Elementary School
  • Holmes Junior High School
  • Rolling Meadows High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Community Lake

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,467

Year Built

Built in 1968

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer, Dryer, Built-In Oven, Range Hood, Gas Cooktop
  • Basement: Partial
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Beamed Ceilings, Some Carpeting
  • LivingArea: 2950
  • Room Type: Deck
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Square Footage Comments: Additional square footage in lower recreation room (over 530 sq ft) and rear family room are likely not included in assessors square footage of 2104. Total finished square footage per floor plan scan is 2950 sq ft.
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 519900
  • Lot Features: Cul-De-Sac, Water Rights, Water View, Lake Access
  • Roof: Rubber
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • 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
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake, Water Rights, Sidewalks, Street Lights
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Master Association Fee: 417

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: John Jay Elementary School
  • High School: Rolling Meadows High School
  • Middle/Junior School: Holmes Junior High School
  • Middle/Junior School District: 59

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.26
  • Lot Dimensions: 50X122X87X101X63X50
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9467.46
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jul 30, 2024
Sold by
Herbert R Nelson Iii Revocable Trust and Basile Kathleen
Bought by
Ly Lisa
Seller's Agent
Kieran Fahy
Fahy Real Estate Inc
Buyer's Agent
Peter Liu
Charles Rutenberg Realty
List Price
$519,900
Sold Price
$500,000
Premium/Discount to List
-$19,900
-3.83%
Views
42
Current Estimated Value
$565,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,673
Avg. Annual Appreciation
10.46%
Original Mortgage
$400,000
Outstanding Balance
$389,208
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$176,465

Purchase Details

Closed on
Sep 28, 2021
Sold by
Nelson Herbert R
Bought by
Nelson Herbert R and The Herbert R Nelson Iii Revoc

Purchase Details

Closed on
Dec 7, 2015
Sold by
Nelson Evamary and Nelson Herbert R
Bought by
Nelson Evamary and Nelson Herbert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ly Lisa $500,000 None Listed On Document
Ly Lisa $500,000 None Listed On Document
Nelson Herbert R -- Accommodation
Nelson Evamary -- Precision Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ly Lisa $400,000
Closed Ly Lisa $400,000
Previous Owner Nelson Evamary $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $500,000 -3.8% $169 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $519,900 -- $176 / 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 $9,909 $44,000 $12,053 $31,947
2023 $9,467 $44,000 $12,053 $31,947
2022 $9,467 $44,000 $12,053 $31,947
2021 $6,843 $30,608 $11,504 $19,104
2020 $6,786 $30,608 $11,504 $19,104
2019 $11,664 $52,329 $11,504 $40,825
2018 $10,286 $39,464 $9,861 $29,603
2017 $10,334 $39,464 $9,861 $29,603
2016 $10,596 $41,851 $9,861 $31,990
2015 $9,766 $36,449 $8,765 $27,684
2014 $9,621 $36,449 $8,765 $27,684
2013 $9,379 $36,449 $8,765 $27,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12045119

Midwest Real Estate Data (MRED)

APN: 08-22-200-062-0000