NOT LISTED FOR SALE

438 S Kennicott Ave Arlington Heights, IL 60005

Estimated Value: $574,000 - $634,000

4 Beds
2 Baths
1,745 Sq Ft
$345/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $525,000 $301 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,121/month

2 Days on Market

Highlights

  • Property is near a park
  • Ranch Style House
  • Community Pool
  • Westgate Elementary School Rated 9+
  • Wood Flooring
  • 4-minute walk to Pioneer Park

About This Home

As of March 2023

This Pioneer Park large ranch home offers a spacious layout with 4 bedrooms and 2 full baths, as well as a primary bath. The kitchen is stunning and features an open floor plan that creates a comfortable and inviting atmosphere for entertaining guests. The home is located in an area with award-winning schools, walkability to downtown Arlington Heights. The full unfinished basement provides the opportunity to create additional living space or storage, allowing for customization to fit the needs of the homeowner. The large yard is fully fenced with a large patio, perfect for summer bbq's and entertaining friends and family. Additionally, one of Arlington Heights' best parks is located just across the street, offering convenient access to outdoor recreational activities.

Last Agent to Sell the Property

Karen Majerczak

Compass License #475143524 Listed on: 03/11/2023

Compass

Last Buyer's Agent

Holly Connors

@properties Christie's International Real Estate License #475141644

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,603

Year Built

  • Built in 1962

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x130

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,745 Sq Ft Home
  • Dry Bar
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Workshop
  • Utility Room with Study Area
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Westgate Elementary School
  • South Middle School
  • Rolling Meadows High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • Property is near a park

Community Details

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,603

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Bar-Dry, Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1745
  • Room Type: Workshop
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 475000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • 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
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Westgate Elementary School
  • High School: Rolling Meadows High School
  • Middle/Junior School: South Middle School
  • Middle/Junior School District: 25

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 66X130
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8603.15
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2023
Closed on
Mar 30, 2023
Sold by
Schulman Marc
Bought by
Rachke Timothy J and Rachke Jacalyn M
Seller's Agent
Karen Majerczak
Compass
Buyer's Agent
Holly Connors
@properties Christie's International Real Estate
List Price
$475,000
Sold Price
$525,000
Premium/Discount to List
$50,000
10.53%
Views
118
Current Estimated Value
$602,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,740
Avg. Annual Appreciation
4.45%

Purchase Details

Closed on
Feb 17, 2017
Sold by
Schulman Marc and Schulman Stacy
Bought by
Schulman Marc

Purchase Details

Listed on
Nov 3, 2015
Closed on
Dec 30, 2015
Sold by
Brady Judy and Sambucci Susan
Bought by
Schulman Marc and Schulman Stacy
Seller's Agent
Kevin Schuman
The Listing Agency
Buyer's Agent
Srinivasa Sirigiri
Provident Realty, Inc.
List Price
$349,000
Sold Price
$329,000
Premium/Discount to List
-$20,000
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$312,550
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1994
Sold by
Rosback Arthur John and Rosback Joan Mary
Bought by
Rosback Arthur John and Rosback Joan Mary
Source: Public Records

Range of Values:

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Average Value
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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
Rachke Timothy J $525,000 Chicago Title
Schulman Marc -- None Available
Schulman Marc $329,000 Attorney
Rosback Arthur John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schulman Marc $74,281
Previous Owner Schulman Marc $321,556
Previous Owner Schulman Marc $320,000
Previous Owner Schulman Marc $312,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $525,000 +10.5% $301 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/11/2023 03/11/23 For Sale $475,000 +44.4% $272 / Sq Ft
01/11/2016 01/11/16 Sold $329,000 -5.7% $189 / Sq Ft
11/07/2015 11/07/15 Pending -- -- --
11/03/2015 11/03/15 For Sale $349,000 -- $200 / 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 $10,043 $40,000 $6,970 $33,030
2023 $9,644 $40,000 $6,970 $33,030
2022 $9,644 $40,000 $6,970 $33,030
2021 $8,603 $28,580 $5,445 $23,135
2020 $8,381 $28,580 $5,445 $23,135
2019 $8,347 $31,791 $5,445 $26,346
2018 $9,601 $32,900 $4,791 $28,109
2017 $9,488 $32,900 $4,791 $28,109
2016 $9,380 $34,876 $4,791 $30,085
2015 $5,447 $31,309 $4,138 $27,171
2014 $5,178 $31,309 $4,138 $27,171
2013 $5,168 $31,309 $4,138 $27,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11734292

Midwest Real Estate Data (MRED)

APN: 03-31-109-020-0000