
4016 N Terramere Ave Arlington Heights, IL 60004
Terramere NeighborhoodHighlights
- Lake Front
- Boat Dock
- Mature Trees
- Buffalo Grove High School Rated A+
- Boat Slip
- 4-minute walk to Lake Terramere Park
About This Home
As of June 2025"Diamond in the Rough". Exclusive opportunity to own one of only 23 luxury homes on Lake Terramere! With a some sweat equity this home will be a spectacular staycation home! Great floor plan with 4 large bedrooms upstairs and office/5th bedroom on the first floor with walk-in closet. Wood floors throughout the main floor. Unfinished partial basement with two crawl spaces. Newer furnace and A/C, 2021. Refrigerator 2023.Exclusive access to Lake Terramere. Great bones. "As-Is". Listing agent is related to the seller.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475142620 Listed on: 09/26/2024

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,209
Year Built
- Built in 1984
Lot Details
- 10,106 Sq Ft Lot
- Lake Front
- Mature Trees
Parking
- 2 Car Attached Garage
- Driveway
- Parking Space is Owned
Home Design
- Aluminum Siding
Interior Spaces
- 3,146 Sq Ft Home
- 2-Story Property
- Skylights
- Fireplace With Gas Starter
- Entrance Foyer
- Family Room with Fireplace
- Combination Dining and Living Room
- Breakfast Room
- Wood Flooring
- Water Views
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Soaking Tub
- Garden Bath
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Sink Near Laundry
- Gas Dryer Hookup
Unfinished Basement
- Partial Basement
- Crawl Space
Outdoor Features
- Access To Lake
- Tideland Water Rights
- Boat Slip
- Deck
Location
- Property is near a park
Schools
- Henry W Longfellow Elementary Sc
- Cooper Middle School
- Buffalo Grove High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Terramere Subdivision
- Community Lake
Recreation
- Boat Dock
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $980,000 | Chicago Title | |
Warranty Deed | $520,000 | Proper Title | |
Interfamily Deed Transfer | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $882,000 | New Conventional | |
Previous Owner | $100,000 | Credit Line Revolving | |
Previous Owner | $157,500 | Unknown | |
Previous Owner | $75,000 | Stand Alone Second | |
Previous Owner | $159,700 | Unknown |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/13/2025 06/13/25 | Sold | $980,000 | -1.5% | $312 / Sq Ft |
05/13/2025 05/13/25 | Pending | -- | -- | -- |
05/13/2025 05/13/25 | For Sale | $995,000 | +91.3% | $316 / Sq Ft |
10/16/2024 10/16/24 | Sold | $520,000 | -9.6% | $165 / Sq Ft |
09/30/2024 09/30/24 | Pending | -- | -- | -- |
09/26/2024 09/26/24 | For Sale | $575,000 | -- | $183 / Sq Ft |
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 | $15,209 | $54,498 | $12,656 | $41,842 |
2023 | $14,439 | $54,498 | $12,656 | $41,842 |
2022 | $14,439 | $54,498 | $12,656 | $41,842 |
2021 | $13,475 | $44,946 | $8,353 | $36,593 |
2020 | $13,254 | $44,946 | $8,353 | $36,593 |
2019 | $13,252 | $49,665 | $8,353 | $41,312 |
2018 | $14,356 | $48,395 | $7,340 | $41,055 |
2017 | $14,128 | $48,395 | $7,340 | $41,055 |
2016 | $13,772 | $48,395 | $7,340 | $41,055 |
2015 | $13,614 | $44,614 | $6,328 | $38,286 |
2014 | $13,446 | $44,614 | $6,328 | $38,286 |
2013 | $14,732 | $47,384 | $6,328 | $41,056 |
Agents Affiliated with this Home
-
A
Seller's Agent in 2025
Andriy Diatkovych
KOLO PROPERTIES LLC
(773) 981-2099
2 in this area
36 Total Sales
-
Buyer's Agent in 2025
Ann-Marie Hickey
Coldwell Banker Real Estate Group
(708) 207-0738
1 in this area
94 Total Sales
-
Seller's Agent in 2024
Regina Schweinebraten
@ Properties
(224) 500-5330
1 in this area
28 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12174011

APN: 03-06-207-004-0000
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