NOT LISTED FOR SALE

2803 N Elm Ln Arlington Heights, IL 60004

Estimated Value: $959,000 - $1,239,000

4 Beds
5 Baths
5,472 Sq Ft
$193/Sq Ft Est. Value

Last Sold September 11, 2012

Last sale price $576,000 $105 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,766/month

151 Days on Market

Highlights

  • Attached Garage
  • Forced Air Heating System
  • Dining Area
  • Buffalo Grove High School Rated A+

About This Home

As of September 2012

SECLUDED GEM IN ARLINGTON HEIGHTS YOU DON'T WANT TO MISS! EXTRA LARGE LOT WITH SEMI-CUSTOM HOME. EXPANSIVE INTERIOR THAT'S GREAT FOR ENTERTAINING! MUDROOM OFF GARAGE GREAT FOR COMING IN FROM OUTDOOR ACTIVITIES. FINISHED BASEMENT GREAT FOR GAME NIGHTS AND ENTERTAINING! LARGE DECK AND PAVER PATIO WITH FIRE PIT FOR OUTDOOR GATHERINGS!

Last Agent to Sell the Property

Frank DeNovi

Compass License #471009494 Listed on: 01/28/2012

Compass

Last Buyer's Agent

Rana Alhayek

NEC Realty Group Inc. License #471000720

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $14,011

Year Built

  • 1998

Lot Details

  • 1.46

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Dining Area

Finished Basement

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

Utilities

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

Property Details

Home Type

Other

Est. Annual Taxes

$14,011

Year Built

1998

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Special Features: 20
  • Year Built: 1998

Interior Features

  • Fireplaces: 2
  • Number Of Rooms: 9
  • Fireplace Location: Living Room, Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 22X15
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 14X12
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 14X12
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 12X11
  • Living Room Level: Main Level
  • Living Room Size: 13X12
  • Dining Room Level: Main Level
  • Dining Room Size: 15X12
  • Family Room Level: Main Level
  • Family Room Size: 21X16
  • Kitchen Level: Main Level
  • Kitchen Size: 15X11
  • Additional Rooms: Eating Area
  • Additional Room 1 Name: Eating Area
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 15X11

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Aluminum Siding, Brick

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 4

Utilities

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

Schools

  • Junior High Dist: 21

Lot Info

  • Lot Dimensions: 63641 SQ FT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2013
Sold by
Dulaney Harry G and Leu Siew
Bought by
Dulaney Harry G and Leu Siew
Total Days on Market
151
Current Estimated Value
$1,054,861

Purchase Details

Listed on
Jan 28, 2012
Closed on
Aug 6, 2012
Sold by
Bank Of America Na
Bought by
Dulaney Harry G and Leu Siew
Seller's Agent
Frank DeNovi
Compass
Buyer's Agent
Rana Alhayek
NEC Realty Group Inc.
List Price
$750,000
Sold Price
$576,000
Premium/Discount to List
-$174,000
-23.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$400,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2011
Sold by
Alvarez Louis D
Bought by
Bank Of America Na

Purchase Details

Closed on
Nov 11, 2005
Sold by
Alvarez Louis D and Alvarez Kathleen M
Bought by
Alvarez Louis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
5.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 29, 2004
Sold by
Lothan Shai and Lothan Karen
Bought by
Alvarez Louis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 24, 1998
Sold by
Regency Homes Inc
Bought by
Lothan Shai and Lothan Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
6.62%

Purchase Details

Closed on
Sep 3, 1997
Sold by
Sales William Alan and Sales Maria Isabel
Bought by
Regency Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.55%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dulaney Harry G -- None Available
Dulaney Harry G $576,000 None Available
Bank Of America Na -- None Available
Alvarez Louis D -- --
Alvarez Louis D -- --
Alvarez Louis D $612,000 Cti
Lothan Shai $635,000 --
Regency Homes Inc $176,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dulaney Harry G $187,051
Closed Dulaney Harry G $400,000
Previous Owner Alvarez Louis D $1,000,000
Previous Owner Alvarez Louis D $260,000
Previous Owner Alvarez Louis D $430,000
Previous Owner Alvarez Louis D $352,500
Previous Owner Alvarez Louis D $835,000
Previous Owner Alvarez Louis D $840,000
Previous Owner Lothan Shai $635,000
Previous Owner Regency Homes Inc $250,000
Closed Alvarez Louis D $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2012 09/11/12 Sold $576,000 -4.0% $105 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
05/29/2012 05/29/12 Price Changed $600,000 -6.4% $110 / Sq Ft
05/08/2012 05/08/12 Price Changed $641,250 -5.0% $117 / Sq Ft
04/24/2012 04/24/12 Price Changed $675,000 -5.3% $123 / Sq Ft
03/07/2012 03/07/12 Price Changed $712,500 -5.0% $130 / Sq Ft
01/28/2012 01/28/12 For Sale $750,000 -- $137 / 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 $14,011 $51,222 $20,648 $30,574
2023 $14,011 $51,222 $20,648 $30,574
2022 $14,011 $51,222 $20,648 $30,574
2021 $16,084 $50,689 $8,259 $42,430
2020 $16,337 $50,689 $8,259 $42,430
2019 $16,531 $56,655 $8,259 $48,396
2018 $21,116 $64,490 $7,226 $57,264
2017 $21,903 $67,972 $7,226 $60,746
2016 $22,382 $73,441 $7,226 $66,215
2015 $18,309 $55,788 $6,194 $49,594
2014 $18,054 $55,788 $6,194 $49,594
2013 $16,773 $55,788 $6,194 $49,594
Source: Public Records

Agents Affiliated with this Home

  • Frank DeNovi

    Seller's Agent in 2012

    Frank DeNovi

    Compass

    (847) 770-3344

    193 Total Sales

    Frank DeNovi
    Section Image
  • Rana Alhayek

    Buyer's Agent in 2012

    Rana Alhayek

    NEC Realty Group Inc.

    (847) 354-2712

    7 Total Sales

    Rana Alhayek
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07984049

Midwest Real Estate Data (MRED)

APN: 03-08-400-057-0000

Illinois Cook County Arlington Heights 60004

2803 N Elm Ln, Arlington Heights, IL

This home is located at 2803 N Elm Ln, Arlington Heights, IL 60004 since 28 January 2012 and is currently estimated at $1,054,861, approximately $192 per square foot. This property was built in 1998. 2803 N Elm Ln is a home located in Cook County with nearby schools including J.W. Riley Elementary School, Jack London Middle School, and Buffalo Grove High School.

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