Seller's Agent in 2022
David Schwabe
Compass
(847) 636-6747
16 in this area
427 Total Sales
4242 N Ridge Ave Arlington Heights, IL 60004
Terramere NeighborhoodEstimated Value: $633,000 - $667,333
4
Beds
2.5
Baths
2,657
Sq Ft
$244/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Property is near a park
- Formal Dining Room
- Buffalo Grove High School Rated A+
- Wood Flooring
- 3-minute walk to Sunset Ridge Park
About This Home
As of October 2022Wonderful curb appeal greets you in this spacious 4 Bedroom expanded Chalfonte model in the desirable Terramere subdivision! 2-story entryway opens to the formal Living Room highlighted by beautiful hardwood floors. The adjacent Dining Room boasts bay window overlooking the backyard and is a great place for large formal dinners! Enjoy daily meal prep in the kitchen featuring granite counters, stainless steel appliances, planning desk & eating area! The cozy Family Room features a gas log fireplace in a brick surround and access to the patio & wonderfully landscaped fenced in yard. The Primary Suite offers an updated bath & lots of closet space. Three additional bedrooms and a full bath with double bowl vanity complete the second level. The unfinished basement is awaiting your finishing touches & has tons of additional storage space! Oversized first floor laundry/mud room is ideal for backpacks & coats with newer washer & dryer and sink! Newer features include upstairs baths, hot water heater, A/C, furnace & windows! Terramere featuring 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,010
Year Built
- Built in 1985
Lot Details
- 8,655 Sq Ft Lot
- Lot Dimensions are 68 x 118 x 81 x 114
- Fenced Yard
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Brick Driveway
- Parking Included in Price
Home Design
- Colonial Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,657 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Wood Flooring
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Crawl Space
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
- Lake Michigan Water
Additional Features
- Patio
- Property is near a park
Community Details
- Terramere Subdivision, Expanded Chalfonte Floorplan
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2016
Closed on
Jul 8, 2016
Sold by
Schultz Francis and Schultz Mary
Bought by
Panzica Paul and Panzica Janet
Seller's Agent
David Schwabe
Compass
Buyer's Agent
Aspasia Poziwilko
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$449,900
Sold Price
$400,000
Premium/Discount to List
-$49,900
-11.09%
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
$249,333
Avg. Annual Appreciation
5.38%
Purchase Details
Closed on
Dec 20, 2012
Sold by
Schultz Francis and Schultz Mary
Bought by
Francis E Schultz 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 |
|---|---|---|---|
| Panzica Paul | $400,000 | Attorney | |
| Francis E Schultz Trust | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | The Francis E Schultz Trust | $332,000 | |
| Previous Owner | Schultz Francis E | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/14/2022 10/14/22 | Sold | $490,000 | -2.0% | $184 / Sq Ft |
| 08/26/2022 08/26/22 | Pending | -- | -- | -- |
| 08/11/2022 08/11/22 | For Sale | $500,000 | +25.0% | $188 / Sq Ft |
| 07/15/2016 07/15/16 | Sold | $400,000 | -5.9% | $164 / Sq Ft |
| 06/20/2016 06/20/16 | Pending | -- | -- | -- |
| 05/20/2016 05/20/16 | Price Changed | $424,900 | -5.6% | $174 / Sq Ft |
| 04/28/2016 04/28/16 | For Sale | $449,900 | -- | $184 / 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 | $13,377 | $46,000 | $10,820 | $35,180 |
| 2023 | $12,718 | $46,000 | $10,820 | $35,180 |
| 2022 | $12,718 | $46,000 | $10,820 | $35,180 |
| 2021 | $13,288 | $41,740 | $7,141 | $34,599 |
| 2020 | $13,010 | $41,740 | $7,141 | $34,599 |
| 2019 | $13,008 | $46,122 | $7,141 | $38,981 |
| 2018 | $12,769 | $40,980 | $6,275 | $34,705 |
| 2017 | $12,554 | $40,980 | $6,275 | $34,705 |
| 2016 | $14,806 | $47,426 | $6,275 | $41,151 |
| 2015 | $11,191 | $37,475 | $5,410 | $32,065 |
| 2014 | $11,059 | $37,475 | $5,410 | $32,065 |
| 2013 | $10,250 | $37,475 | $5,410 | $32,065 |
Source: Public Records
Agents Affiliated with this Home
-
David Schwabe
-
Andrew Stack
Buyer's Agent in 2022
Andrew Stack
Greystone Realty
(630) 388-8547
1 in this area
33 Total Sales
-
Aspasia Poziwilko
Buyer's Agent in 2016
Aspasia Poziwilko
Berkshire Hathaway HomeServices Starck Real Estate
(847) 772-6939
55 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11479643
APN: 03-06-205-025-0000
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