Seller's Agent in 2021
Laura English
RE/MAX Suburban
(847) 275-5929
1 in this area
11 Total Sales
4241 N Highland Ave Arlington Heights, IL 60004
Terramere NeighborhoodEstimated Value: $647,000 - $731,571
4
Beds
3
Baths
3,145
Sq Ft
$218/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Main Floor Bedroom
- Walk-In Pantry
- Buffalo Grove High School Rated A+
- Home Office
- 3-minute walk to Sunset Ridge Park
About This Home
As of April 2021Multiple offers received Highest & Best due by 3/15/2021 at 3pm Rare offering in the sought after Terramere Subd with Excellent Schools. If your looking for a big Home that has been well loved by its original owner, but in need of lots of updating, Here it is. Enormous potential for the buyers who can envision it and prefer to update to their own specific taste. Priced well below the comps. to allow you to bring it up to the Grand Home it is meant to be. 3145 Sq feet on the 1st and 2nd floor plus Aprox. 1500 Sq. Ft. in the FULL unfinished basement with endless possibilities just waiting for you. Lets begin with the Impressive Brick Front & Spacious 2 Story Foyer with the Elegant Curved Stair Case. The Main Level is complete with an Office or 5th bedroom with a Full Bath & Walk in Closet. Perfect for an in law arrangement, at home worker or a guest room. Large Formal Living Room & Step up Dining Room. Nice size Kitchen with Porcelain Flrs., Eating Area with Bay Windows, built in Desk & 2 Pantry Closets. Family Room with a Fireplace & Sliders to the Backyard. As you make your way upstairs there are 4 Bedrooms and the convenient 2nd FLR. Laundry Room. The Spacious Master Bedroom Suite is graced with a Double Door entry, a Dressing area with 3 closets, a Garden Tub & Separate Shower. 1 Year Home Buyers Warranty included. Newer Roof & Furnace. Lots of Storage & Closet space in this home. Convenient location to Expressways, Schools Dinning & Shopping. Plus the Park & Lake Terramere. This home will not be be for every buyer, but for the right buyer, it is a diamond in the rough. All furniture is also for sale.
Last Agent to Sell the Property
RE/MAX Suburban License #475123781 Listed on: 03/11/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,695
Year Built
- 1984
Lot Details
- 0.29
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- Attached Fireplace Door
- Gas Log Fireplace
- Entrance Foyer
- Dining Area
- Home Office
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- Main Floor Bedroom
- Walk-In Closet
- In-Law or Guest Suite
- Bathroom on Main Level
- Primary Bathroom Bathtub Only
- Garden Bath
- Separate Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Utilities
- Central Air
- Heating System Uses Gas
Additional Features
- Patio
- Southern Exposure
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2021
Closed on
Apr 2, 2021
Sold by
Adduci Margaret M and Margaret M Adduci Living Trust
Bought by
Pillai Nidhin Divarkan and Pillai Sajeev Sujitha
Seller's Agent
Laura English
RE/MAX Suburban
Buyer's Agent
Jane Lee
RE/MAX Top Performers
List Price
$469,000
Sold Price
$466,000
Premium/Discount to List
-$3,000
-0.64%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,143
Avg. Annual Appreciation
8.87%
Original Mortgage
$433,380
Outstanding Balance
$392,840
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$291,303
Purchase Details
Closed on
Jan 28, 2020
Sold by
Adduci Margaret M
Bought by
Adduci Margaret M and Margaret M Adduci Living Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pillai Nidhin Divarkan | $466,000 | Chicago Title | |
| Adduci Margaret M | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pillai Nidhin Divarkan | $433,380 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2021 04/20/21 | Sold | $466,000 | -0.6% | $148 / Sq Ft |
| 03/15/2021 03/15/21 | Pending | -- | -- | -- |
| 03/11/2021 03/11/21 | For Sale | $469,000 | -- | $149 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $15,695 | $50,081 | $16,146 | $33,935 |
| 2023 | $16,349 | $50,081 | $16,146 | $33,935 |
| 2022 | $16,349 | $54,735 | $16,146 | $38,589 |
| 2021 | $11,332 | $46,600 | $10,656 | $35,944 |
| 2020 | $10,275 | $52,685 | $10,656 | $42,029 |
| 2019 | $10,278 | $58,216 | $10,656 | $47,560 |
| 2018 | $15,021 | $51,035 | $9,364 | $41,671 |
| 2017 | $11,362 | $51,035 | $9,364 | $41,671 |
| 2016 | $11,898 | $51,035 | $9,364 | $41,671 |
| 2015 | $13,271 | $43,605 | $8,073 | $35,532 |
| 2014 | $13,109 | $43,605 | $8,073 | $35,532 |
| 2013 | $13,014 | $46,366 | $8,073 | $38,293 |
Source: Public Records
Agents Affiliated with this Home
-
Laura English
-
Jane Lee
Buyer's Agent in 2021
Jane Lee
RE/MAX
(847) 420-8866
2 in this area
2,316 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD11017844
APN: 03-06-222-003-0000
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