NOT LISTED FOR SALE

Estimated Value: $800,000 - $927,000

5 Beds
2.5 Baths
3,265 Sq Ft
$266/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $860,000 $263 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,808/month

24 Days on Market

Highlights

  • Colonial Architecture
  • Community Lake
  • Recreation Room
  • Buffalo Grove High School Rated A+
  • Property is near a park
  • 5-minute walk to Sunset Ridge Park

About This Home

As of June 2024

Welcome to one of Terramere's most exquisite colonial homes. This 5-bedroom residence has been meticulously updated to cater to buyers with the most discerning tastes. As you approach, you'll notice the completely renovated exterior, featuring an elegant arched portico, a custom front door, Hardie Board siding, soffits & trim, updated roof, gutters, and more. Upon entering, you'll immediately feel at ease, with all hardwood flooring, custom lighting, Pella windows, plantation shutters, and every detail thoughtfully attended to. The first floor offers a traditional living and separate dining room perfect for entertaining, as well as a cozy family room with a woodburning fireplace and oversized sliding doors that open to the serene backyard. Daily meal prep will be a delight in the chef's dream kitchen with custom cabinets, Subzero refrigerator, 60-inch Wolf range with a professional hood vent, Wolf microwave, warming drawer, a Miele dishwasher, and butler's pantry. Rounding out the main floor is a private home office and an adjacent laundry/mudroom with access to the backyard. Moving upstairs, you'll find 5 spacious bedrooms with hardwood floors and 2 fully updated baths, including the primary suite with a luxurious rain shower & double bowl vanity and dual walk-in closets with Elfa shelf organizers. The updated hall bath features a custom vanity and a relaxing soaker tub. The fully finished basement is ideal for hosting large gatherings with an entertainer's kitchen, a play area, pool table, and a triple screen setup with Bose surround sound. This party kitchen is equipped with a microwave, beverage fridge, wine fridge, ice maker, and ample counter space for food & beverage presentation. Additional features of this incredible home include Elfa shelving in the garage, back-up generator, upgraded exterior doors, included security system, oversized backyard patio, and upgraded attic insulation in 2023. Located in a top-rated school district, this home offers the perfect blend of luxury, comfort, and functionality. Terramere features a lake, playground, & easy access to golf course. Enjoy all the amenities Arlington Heights has to offer plus the newly finished Buffalo Creek Forest Preserve just across the street for relaxing walks on nature trails. Just a few blocks to all the award-winning schools and convenient to shopping, transportation and dining.

Last Agent to Sell the Property

David Schwabe

Compass License #475136522 Listed on: 05/16/2024

Compass

Last Buyer's Agent

Marcin Krempa

RE/MAX PREMIER License #475119973

RE/MAX PREMIER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,991

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 81 x 114 x 83 x 114
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,265 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Game Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Double Oven
  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Henry W Longfellow Elementary Sc
  • Cooper Middle School
  • Buffalo Grove High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Power Generator
  • Lake Michigan Water
  • Multiple Water Heaters

Additional Features

  • Patio
  • Property is near a park

Community Details

  • Terramere Subdivision
  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,991

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Terramere
  • Year Built: 1980
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Other
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Finished Sq Ft: 1765
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Laundry, Walk-In Closet(s)
  • LivingArea: 3265
  • Other Equipment: Humidifier, Security System, Sump Pump, Backup Sump Pump;, Generator, Multiple Water Heaters
  • Room Type: Bedroom 5, Recreation Room, Game Room, Sitting Room, Kitchen, Foyer, Utility Room-Lower Level, Office, Breakfast Room
  • Estimated Total Finished Sq Ft: 5030
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3265
  • Basement Sq Ft: 1765
  • Fireplace Location: Family Room
  • Total Sq Ft: 5030
  • Upper Level Sq Ft: 1500
  • Main Level Sq Ft: 1765
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 749000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Fiber Cement

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • 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
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Henry W Longfellow Elementary Sc
  • High School: Buffalo Grove High School
  • Middle/Junior School: Cooper Middle School
  • Middle/Junior School District: 21

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 81 X 114 X 83 X 114
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 13991.12
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 21, 2024
Sold by
Myers Stephen R and Myers Kathy D
Bought by
Meale Anthony and Meale Amelia
Seller's Agent
David Schwabe
Compass
Buyer's Agent
Marcin Krempa
RE/MAX PREMIER
List Price
$749,000
Sold Price
$860,000
Premium/Discount to List
$111,000
14.82%
Views
37
Current Estimated Value
$867,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,149
Avg. Annual Appreciation
2.32%
Original Mortgage
$526,500
Outstanding Balance
$522,122
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$362,668
Source: Public Records

Range of Values:

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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
Meale Anthony $860,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meale Anthony $526,500
Previous Owner Myers Stephen R $121,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $860,000 +14.8% $263 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $749,000 -- $229 / 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 $14,739 $53,000 $11,551 $41,449
2023 $13,991 $53,000 $11,551 $41,449
2022 $13,991 $53,000 $11,551 $41,449
2021 $14,463 $45,139 $7,623 $37,516
2020 $14,154 $45,139 $7,623 $37,516
2019 $14,153 $49,878 $7,623 $42,255
2018 $16,499 $51,946 $6,699 $45,247
2017 $16,215 $51,946 $6,699 $45,247
2016 $15,438 $51,946 $6,699 $45,247
2015 $15,750 $49,035 $5,775 $43,260
2014 $15,538 $49,035 $5,775 $43,260
2013 $14,428 $49,035 $5,775 $43,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12036706

Midwest Real Estate Data (MRED)

APN: 03-06-209-009-0000