Seller's Agent in 2021
Diane Passannante
Starting Point Realty, Inc.
(312) 804-1106
17 Total Sales
2734 N Elm Ln Arlington Heights, IL 60004
Estimated Value: $661,000 - $785,000
4
Beds
3
Baths
2,540
Sq Ft
$285/Sq Ft
Est. Value
Highlights
- Living Room with Fireplace
- Formal Dining Room
- Attached Garage
- Buffalo Grove High School Rated A+
- Skylights
- Bay Window
About This Home
As of November 2021Stunning Custom Built Home! First time ever on the Market! Custom built 4 bed, 3 bath home nestled on 0.96 acres lovingly updated and cared for by the original owner. Set back from the street for added privacy this home welcomes you with colorful landscaping and mature trees throughout the property. The living room draws you in with soaring ceilings and a floor-to-ceiling brick fireplace. The living room, dining room and breakfast nook all have huge bay windows. The formal dining room leads into the kitchen offering plenty of cabinetry, ample counter space and stainless appliances including a new dishwasher. A guest room/office and full bath with a new shower complete the main level. The primary suite features a long walk-in closet, two additional closets and a full bath. Two guest rooms share a Jack-and-Jill bath. The lower level offers a finished rec room and ample storage space. Take in the backyard views from the 3-seasons room or stone patio. The long driveway can fit at least 6 cars and leads to the attached 3-car garage! The tranquil, first time ever on the market property is a rare find that will be your sanctuary from the city and your place for making memories for years to come.
Last Agent to Sell the Property
Starting Point Realty, Inc. License #475168314 Listed on: 07/21/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,317
Year Built
- 1986
Lot Details
- 0.96
Parking
- Attached Garage
- Driveway
- Parking Included in Price
Interior Spaces
- Separate Shower
- 2-Story Property
- Skylights
- Bay Window
- Living Room with Fireplace
- Formal Dining Room
- Pull Down Stairs to Attic
- Partially Finished Basement
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2021
Closed on
Nov 5, 2021
Sold by
Bonnie Passannante and Revocabl Fortunata Passannante
Bought by
William Ernst and William Ellen Ernst
Seller's Agent
Diane Passannante
Starting Point Realty, Inc.
Buyer's Agent
Peter Kozera
Eras Brokerage and Realty LLC
List Price
$649,900
Sold Price
$575,000
Premium/Discount to List
-$74,900
-11.52%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,327
Avg. Annual Appreciation
6.00%
Original Mortgage
$460,000
Outstanding Balance
$427,259
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$289,743
Purchase Details
Closed on
Mar 30, 1996
Sold by
Passannante Francis N and Passannante Fortunata
Bought by
Revocabl Passannante Fortunata and Fortunata Passannante Revocable Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| William Ernst | $575,000 | Fidelity National Title | |
| Revocabl Passannante Fortunata | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | William Ernst | $460,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/12/2021 11/12/21 | Sold | $575,000 | -11.5% | $226 / Sq Ft |
| 09/09/2021 09/09/21 | Pending | -- | -- | -- |
| 07/21/2021 07/21/21 | For Sale | $649,900 | -- | $256 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $14,317 | $49,001 | $20,931 | $28,070 |
| 2023 | $13,614 | $49,001 | $20,931 | $28,070 |
| 2022 | $13,614 | $49,001 | $20,931 | $28,070 |
| 2021 | $6,963 | $44,118 | $8,372 | $35,746 |
| 2020 | $6,313 | $44,118 | $8,372 | $35,746 |
| 2019 | $6,315 | $49,020 | $8,372 | $40,648 |
| 2018 | $15,063 | $51,159 | $7,325 | $43,834 |
| 2017 | $6,810 | $51,159 | $7,325 | $43,834 |
| 2016 | $7,399 | $51,159 | $7,325 | $43,834 |
| 2015 | $8,449 | $45,400 | $6,279 | $39,121 |
| 2014 | $15,182 | $45,400 | $6,279 | $39,121 |
| 2013 | $7,759 | $45,400 | $6,279 | $39,121 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Passannante
-
Peter Kozera
Buyer's Agent in 2021
Peter Kozera
Eras Brokerage and Realty LLC
(847) 323-2372
29 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11163145
APN: 03-08-400-017-0000
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