NOT LISTED FOR SALE

416 Arabian Pkwy Sleepy Hollow, IL 60118

Estimated Value: $534,000 - $570,000

4 Beds
2.5 Baths
2,559 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $560,000 $219 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,643/month

1 Day on Market

Highlights

  • Mature Trees
  • Property is near a park
  • Traditional Architecture
  • Sleepy Hollow Elementary School Rated A-
  • Vaulted Ceiling
  • Heated Sun or Florida Room

About This Home

As of May 2024

Welcome to 416 Arabian Parkway, a stunning 4-bedroom, 2.5-bathroom home nestled in the picturesque Sleepy Hollow, IL. As you arrive, you'll be greeted by a brick paver driveway and an inviting porch, setting the tone for the elegance within. **MAIN FLOOR** Step inside to discover a large foyer that graciously welcomes your guests, leading to new luxury vinyl plank flooring throughout the main floor. 22 hardwood doors have been added to the home over the years. The home boasts a formal dining room, formal living room, and an office with French doors for added privacy. The family room, complete with a vent-free, gas log fireplace, seamlessly flows into the NEWLY REMODELED kitchen (Jan 2023), featuring an island, eating space, Quartz counters, and under cabinet lighting. An addition off the laundry room provides additional living space with a vaulted ceiling and skylights, added in 2000, along with a 3rd car garage. And speaking of the garage, there's a electric car charger that will be staying as well! **UPSTAIRS** Upstairs, you'll find 4 spacious bedrooms, including a master bedroom with a large walk-in closet and a remodeled master bath. A whole house fan provides energy efficient comfort in the warmer months. **BASEMENT and SYSTEMS** Downstairs, the full, unfinished basement offers ample equity potential. The geothermal heating and cooling system, along with the hybrid water heater, ensures INCREDIBLE energy efficiency and almost real-time hot water. (More information on the geothermal heating and cooling in Additional Information.) **STORAGE** Besides the basement, there's ample attic storage over the garage with convenient pull-down stairs. **OUTSIDE** Outside, a large brick paver patio overlooks the expansive .67-acre lot, creating a serene outdoor retreat. The native plants will bloom with delight, giving you perennial foliage that's easy to care for. The attached gas grill makes entertaining easy. With its timeless charm and modern amenities, this home offers the perfect blend of comfort and sophistication. Don't miss the opportunity to make this dream home yours!

Last Agent to Sell the Property

Amy Foote

Compass License #475138703 Listed on: 04/04/2024

Compass

Last Buyer's Agent

Mo Marienthal

Compass License #475195297

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,118

Year Built

  • Built in 1987 | Remodeled in 2023

Lot Details

  • 0.67 Acre Lot
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

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

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,559 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Heated Sun or Florida Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Brick Porch or Patio
  • Outdoor Grill

Location

  • Property is near a park

Schools

  • Sleepy Hollow Elementary School
  • Dundee Middle School
  • Dundee-Crown High School

Utilities

  • Humidifier
  • Geothermal Heating and Cooling
  • 200+ Amp Service
  • Electric Water Heater
  • Water Softener is Owned
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Saddle Club Estates Subdivision, Bay V Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,118

Year Built

Built in 1987 | Remodeled in 2023

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Saddle Club Estates
  • Year Built: 1987
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Wine Refrigerator, Cooktop, Water Softener Owned
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), First Floor Laundry, Built-in Features, Walk-In Closet(s)
  • LivingArea: 2559
  • Other Equipment: Humidifier, Water-Softener Owned, CO Detectors, Ceiling Fan(s), Fan-Whole House, Sump Pump, Water Heater-Electric
  • Room Type: Office, Foyer, Eating Area, Heated Sun Room
  • Estimated Total Finished Sq Ft: 2567
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2567
  • Fireplace Location: Family Room
  • Total Sq Ft: 2567
  • Upper Level Sq Ft: 1008
  • Attic: Full,Pull Down Stair
  • Main Level Sq Ft: 1559
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Brick Paver Patio, Storms/Screens, Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • List Price: 525000
  • Lot Features: Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3.5
  • ParkingTotal: 3.5
  • Driveway: Brick
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Geothermal
  • Electric: 200+ Amp Service
  • Heating: Geothermal
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sleepy Hollow Elementary School
  • High School: Dundee-Crown High School
  • Middle/Junior School: Dundee Middle School
  • Middle/Junior School District: 300

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.67
  • Lot Dimensions: 29185
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Green Features

  • GreenEnergyEfficient: Geothermal Heating/Cooling System

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9117.6
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 9, 2024
Sold by
Kase Larry E and Kase Lorraine L
Bought by
Karyl M Gross Declaration Of Trust and Gross
Seller's Agent
Amy Foote
Compass
Buyer's Agent
Mo Marienthal
Compass
List Price
$525,000
Sold Price
$560,000
Premium/Discount to List
$35,000
6.67%
Views
31
Current Estimated Value
$551,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,285
Avg. Annual Appreciation
-1.03%
Original Mortgage
$285,000
Interest Rate
7.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Karyl M Gross Declaration Of Trust $560,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karyl M Gross Declaration Of Trust $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2024 05/17/24 Sold $560,000 +6.7% $219 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $525,000 -- $205 / 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 $9,001 $135,966 $31,067 $104,899
2023 $8,531 $122,338 $27,953 $94,385
2022 $9,118 $122,178 $27,953 $94,225
2021 $8,814 $115,360 $26,393 $88,967
2020 $9,069 $112,767 $25,800 $86,967
2019 $8,819 $107,050 $24,492 $82,558
2018 $8,527 $100,411 $24,007 $76,404
2017 $8,188 $93,929 $22,457 $71,472
2016 $8,389 $90,946 $21,744 $69,202
2015 -- $85,738 $26,302 $59,436
2014 -- $80,886 $25,576 $55,310
2013 -- $83,362 $26,359 $57,003
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12014107

Midwest Real Estate Data (MRED)

APN: 03-29-327-018