NOT LISTED FOR SALE

Estimated Value: $608,000 - $671,000

5 Beds
3 Baths
3,100 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $488,000 $157 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,316/month

23 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • Wood Flooring
  • Ivy Hill Elementary School Rated A-
  • Vaulted Ceiling
  • Great Room

About This Home

As of June 2019

Beautifully maintained 5 bedroom 2.5 bathroom colonial perfectly located in Arlington Heights top rated school district. Kitchen features, granite counter tops, tons of cabinet space and stainless steel appliances, including huge Viking range and hood. This exclusive homes features an addition off the kitchen with first floor office, extra large living space & separate indoor cedar walled room with hot tub. Other features include dual zoned HVAC, gorgeous hardwood flooring throughout & first floor laundry. Upstairs, 5 generously sized bedrooms boast extra closet space, fresh paint and hardwood flooring under all carpet. Windows & roof have been replaced, water heater new in 2017 and 1 HVAC unit replaced in 2018. Close to shopping, highways and easy access to Metra train.

Last Agent to Sell the Property

Kristine Galazka

Compass License #475168594 Listed on: 05/08/2019

Compass

Last Buyer's Agent

Kathy Karavitis

Baird & Warner License #475177434

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,864

Year Built | Renovated

  • 1973 | 1993

Lot Details

  • East or West Exposure

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Great Room
  • Home Office
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Spa
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,864

Year Built | Renovated

1973 | 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 1993
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1973
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973
  • Year Renovated: 1993

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hot Tub, Hardwood Floors, 1st Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 11
  • Living Room: Dimensions: 13X20, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Compactor-Trash, All Stainless Steel Kitchen Appliances, Range Hood
  • Fireplace Details: Wood Burning, Gas Logs
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Finished, Crawl
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 6X7, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Great Room, Office, 5th Bedroom
  • Master Bedroom: Dimensions: 18X14, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Great Rm, Dimensions: 19X22, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 2 Name: Other, Dimensions: 13X11, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Office, Dimensions: 9X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 4 Name: 5th Bdrm, Dimensions: 10X15, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 4: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 3100
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 12X19, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens, Outdoor Grill
  • Exposure: W (West)
  • Acreage: 0.2298

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 214
  • Elementary School: Ivy Hill Elementary School
  • Middle School: Thomas Middle School
  • High School: Buffalo Grove High School
  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 10,010
  • Parcel Identification Number: 03073060070000

Tax Info

  • Taxes: 7395.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Jun 22, 2019
Sold by
Szorc Wayne Allen and Szorc Susan Rose
Bought by
Karavitis John and Karavitis Kathy
Seller's Agent
Kristine Galazka
Compass
Buyer's Agent
Kathy Karavitis
Baird & Warner
List Price
$5,245,000
Sold Price
$488,000
Premium/Discount to List
-$4,757,000
-90.7%
Current Estimated Value
$646,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,019
Avg. Annual Appreciation
4.53%
Original Mortgage
$390,400
Interest Rate
4%
Mortgage Type
New Conventional
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
Karavitis John $488,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karavitis John $390,000
Previous Owner Karavitis John $390,400
Previous Owner Szorc Wayne A $50,800
Previous Owner Szorc Wayne Allen $95,000
Previous Owner Szorc Wayne Allen $127,500
Previous Owner Szorc Wayne A $250,000
Previous Owner Szorc Wayne Allen $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $488,000 -2.4% $157 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/15/2019 05/15/19 Price Changed $500,000 -4.8% $161 / Sq Ft
05/08/2019 05/08/19 Price Changed $525,000 -90.0% $169 / Sq Ft
05/08/2019 05/08/19 For Sale $5,245,000 -- $1,692 / 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 $10,864 $43,000 $11,011 $31,989
2023 $10,436 $43,000 $11,011 $31,989
2022 $10,436 $43,000 $11,011 $31,989
2021 $10,372 $37,787 $6,256 $31,531
2020 $10,171 $37,787 $6,256 $31,531
2019 $9,440 $42,127 $6,256 $35,871
2018 $9,119 $38,121 $5,505 $32,616
2017 $7,395 $38,121 $5,505 $32,616
2016 $9,828 $40,822 $5,505 $35,317
2015 $9,096 $35,301 $4,754 $30,547
2014 $8,857 $35,301 $4,754 $30,547
2013 $8,605 $35,301 $4,754 $30,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10371558

Midwest Real Estate Data (MRED)

APN: 03-07-306-007-0000