NOT LISTED FOR SALE

3960 W Arthur Ave Lincolnwood, IL 60712

Estimated Value: $851,000 - $985,000

3 Beds
2.5 Baths
3,565 Sq Ft
$258/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $820,786 $230 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,156/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Recreation Room
  • Wood Flooring
  • Rutledge Hall Elementary School Rated A-
  • Vaulted Ceiling
  • 3-minute walk to Springfield Park

About This Home

As of May 2023

Large, open and lovely brick home with spacious rooms and a very inviting room to room flow. You enter into a dramatic 2-story foyer, with a striking contemporary staircase and a sparkling chandelier. The first and second floors have gleaming hardwood floors, all accented with light filled spaces. The LR has a bow window and opens up directly into the welcoming family room. The family room/eat-in kitchen is a fabulous open-concept space with a gas fireplace, sliding glass doors that lead to the brick paver patio, eat-in kitchen with views of the lush backyard and updated kitchen. The kitchen has an abundance of cream cabinets topped with granite countertops and backsplash, a central island and doorway that leads to the formal dining room. There is also a convenient 1/2 bath, laundry room/mudroom with direct access to the 2-car garage. Up the winding staircase to the primary bedroom retreat, with his and her walk-in closets, en suite bath with walk-in shower, soaking tub and double sinks, plus sliding glass doors that lead to a private roof-top balcony. There are 2 additional good sized bedrooms and another full bath. The finished basement has been refreshed with new paint and carpeting. This huge open space has plenty of potential and is perfect for a rec room, media room or man cave with a separate space for an office, work-out room, playroom, etc. This outstanding home has lots of space, is very well maintained and move-in ready. Make your appointment today!

Last Agent to Sell the Property

Nicole Flores

Baird & Warner License #471016468 Listed on: 04/11/2023

Baird & Warner

Last Buyer's Agent

Zeeshan Ali

AMB Realty Corporation License #475187686

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,184

Year Built

  • Built in 1991

Lot Details

  • 5,924

Parking

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

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,565 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Shades
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Schools

  • Todd Hall Elementary School
  • Lincoln Hall Middle School
  • Niles West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Additional Features

  • Balcony
  • Lot Dimensions are 52 x 114

Community Details

  • Contemporary

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,184

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1991
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 1190
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors
  • LivingArea: 3565
  • Room Type: Recreation Room, Foyer, Storage, Walk In Closet, Balcony/Porch/Lanai, Walk In Closet, Office
  • Estimated Total Finished Sq Ft: 3565
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2375
  • Basement Sq Ft: 0
  • Fireplace Location: Family Room
  • Square Footage Comments: **approx sq ft includes finished basement.
  • Total Sq Ft: 2375
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 1072
  • Attic: Unfinished
  • Main Level Sq Ft: 1303
  • Lower Level Sq Ft: 0
  • Door Features: Sliding Glass Door(s)
  • Window Features: Blinds,Skylight(s),Shades
  • Unfinished Lower Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Other

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 525000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Brick
  • 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: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Todd Hall Elementary School
  • High School: Niles West High School
  • Middle/Junior School: Lincoln Hall Middle School
  • Middle/Junior School District: 74

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 52 X 114
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 11184.34
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2016
Closed on
Feb 19, 2016
Sold by
Declaration Gleitsman A Walter
Bought by
Owens Thomas B and Owens Kathleen S
Seller's Agent
Nancy Karp
@properties Christie's International Real Estate
Buyer's Agent
Nathan Freeborn
Redfin Corporation
List Price
$535,000
Sold Price
$501,000
Premium/Discount to List
-$34,000
-6.36%
Current Estimated Value
$918,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,512
Avg. Annual Appreciation
6.46%
Original Mortgage
$355,083
Outstanding Balance
$279,977
Interest Rate
3.12%
Mortgage Type
VA
Estimated Equity
$627,240

Purchase Details

Closed on
Nov 26, 2012
Sold by
Chicago Title Land Trust Co
Bought by
The A Walter Gleitsman Trust

Purchase Details

Closed on
Apr 3, 1998
Sold by
Marcus Philip and Marcus Rachel
Bought by
Lasalle National Trust Na and Trust #121624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.27%

Purchase Details

Closed on
Mar 29, 1995
Sold by
Berk Keith H
Bought by
Marcus Philip and Marcus Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
8.91%
Source: Public Records

Range of Values:

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Average Value
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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
Owens Thomas B $501,000 Citywide Title Corporation
The A Walter Gleitsman Trust -- None Available
Lasalle National Trust Na $375,000 --
Marcus Philip $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Thomas B $355,083
Previous Owner Lasalle National Trust Na $300,000
Previous Owner Marcus Philip $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $820,786 +56.3% $230 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $525,000 +4.8% $147 / Sq Ft
02/29/2016 02/29/16 Sold $501,000 -6.4% $194 / Sq Ft
01/23/2016 01/23/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $535,000 -- $208 / 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 $13,820 $55,000 $8,308 $46,692
2023 $13,248 $55,000 $8,308 $46,692
2022 $13,248 $55,000 $8,308 $46,692
2021 $11,184 $41,881 $5,934 $35,947
2020 $11,044 $41,881 $5,934 $35,947
2019 $11,152 $46,535 $5,934 $40,601
2018 $12,814 $50,657 $5,192 $45,465
2017 $12,883 $50,657 $5,192 $45,465
2016 $12,476 $50,657 $5,192 $45,465
2015 $11,511 $41,132 $4,450 $36,682
2014 $11,045 $41,132 $4,450 $36,682
2013 $10,148 $43,167 $4,450 $38,717
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11756638

Midwest Real Estate Data (MRED)

APN: 10-35-323-040-0000