NOT LISTED FOR SALE

5 N Beverly Ln Arlington Heights, IL 60004

Estimated Value: $800,000

2 Beds
3.5 Baths
2,808 Sq Ft
$285/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $760,000 $271 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,465/month

24 Days on Market

Highlights

  • New Construction
  • Farmhouse Style Home
  • Central Air
  • Windsor Elementary School Rated A-
  • 2 Car Detached Garage
  • Combination Kitchen and Dining Room

About This Home

As of June 2024

NEW UNDER CONSTRUCTION with delivery in late May 2024! Introducing the Dunton model, perfectly situated at Arlington Market II! Experience the pinnacle of comfort, convenience, and style in this exquisite 2-story Dunton floor plan. Boasting 2,925 sq. ft. of luxurious living space, this home features three bedrooms, three-and-a-half bathrooms, a full, deep pour finished basement, and a two-car garage. Upon entry, be greeted by soaring 10-ft. ceilings and the inviting open hub of the main floor, ideal for hosting memorable gatherings with loved ones. Revel in the seamless flow between the kitchen, dining room, and living area, creating an ambiance of warmth and hospitality. Indulge your culinary passions in the gourmet kitchen, complete with a built-in pantry, quartz countertops, a 9-ft island with a waterfall countertop, upgraded Millennium 42" cabinets, and LG appliances. Start your day with breakfast in the sunlit dining room and unwind in the spacious living room in the evenings. The main floor also features a stylish powder room and convenient mudroom, enhancing daily convenience and organization. Retreat to the owner's suite, adorned with a tray ceiling, vanity with quartz countertop, oversized shower, and expansive walk-in closet, offering a sanctuary of relaxation and luxury. Upstairs, discover two additional bedrooms with tray ceilings and a full bathroom, providing ample space for family or guests. Don't miss the incredible basement with 9-ft tall ceilings, offering endless possibilities for recreation and relaxation. This home boasts beautiful designer finishes, stainless steel appliances, quartz countertops in each bathroom and kitchen, upgraded lighting, tile selections, and ample storage space to keep you organized and clutter-free. Arlington Market II epitomizes community living at its finest, with an array of amenities including an impressive recreation center with pools just steps away, proximity to downtown Arlington Heights, golf courses, green spaces, and parks. Located in Cook County, residents enjoy quick access to top dining, shopping, and entertainment, along with the ease of low-maintenance living where your time is truly your own again. Outside your doorstep, embrace the tranquility of tree-lined streets and wooded views in this peaceful retreat. If this QUICK MOVE-IN HOME in Arlington Heights speaks to you, contact us today! We're here to answer all your questions and arrange a personal tour of the site. Your dream home awaits!

Last Agent to Sell the Property

Gabriela K. Chawla

Compass License #475179044 Listed on: 04/23/2024

Compass

Last Buyer's Agent

Kim Mayer

Jason Mitchell Real Estate IL License #475180770

Jason Mitchell Real Estate IL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $290

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Paved or Partially Paved Lot

HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Farmhouse Style Home
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,808 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Potential Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • 9 Foot Basement Ceiling Height
  • Finished Basement Bathroom
  • Basement Storage
  • Basement Window Egress

Schools

  • Windsor Elementary School
  • South Middle School
  • Prospect High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Association fees include insurance
  • Leslie M. Beltran Association, Phone Number (847) 806-6121
  • Arlington Market Subdivision, Dunton Floorplan
  • Property managed by PSI Management, Elgin, IL

Home Details

Home Type

Single Family

Est. Annual Taxes

$290

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$133 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Farmhouse
  • New Construction: Yes
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Arlington Market
  • Year Built: 2024
  • Age: NEW Under Construction
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • MonthToMonthYN: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 2
  • Below Grade Finished Sq Ft: 936
  • LivingArea: 2808
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2808
  • Basement Description: Finished,Egress Window,9 ft + pour,Storage Space
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1872
  • Basement Sq Ft: 936
  • Total Sq Ft: 2808
  • Upper Level Sq Ft: 936
  • Main Level Sq Ft: 936
  • ResoLivingAreaSource: Builder

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 760000
  • Waterfront: No
  • Exterior Building Type: Fiber Cement

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 90
  • Association Fee Frequency: Monthly
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Monthly
  • Management Company: PSI Management, Elgin, IL
  • Management Contact Name: Leslie M. Beltran
  • Management Phone: 847-806-6121
  • Master Association Fee: 43
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance

Schools

  • Elementary School: Windsor Elementary School
  • High School: Prospect High School
  • Middle/Junior School: South Middle School
  • Middle/Junior School District: 25

Lot Info

  • Lot Dimensions: 3080
  • 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: 289.75
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Jun 25, 2024
Sold by
Kumar Enterprises Inc
Bought by
Pranevicius Michael and Pranevicius Kristen
Seller's Agent
Gabriela K. Chawla
Compass
Buyer's Agent
Kim Mayer
Jason Mitchell Real Estate IL
List Price
$760,000
Sold Price
$760,000
Views
15
Current Estimated Value
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,000
Avg. Annual Appreciation
4.26%
Original Mortgage
$608,000
Outstanding Balance
$600,821
Interest Rate
7.05%
Mortgage Type
New Conventional
Estimated Equity
$199,179

Purchase Details

Closed on
Jan 25, 2018
Sold by
Pb And J Iv Llc
Bought by
Kumar Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4.5%
Mortgage Type
Commercial
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
Pranevicius Michael $760,000 None Listed On Document
Kumar Enterprises Inc $1,100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pranevicius Michael $608,000
Previous Owner Kumar Enterprises Inc $525,000
Previous Owner Kumar Enterprises Inc $1,800,000
Previous Owner Kumar Enterprises Inc $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $760,000 0.0% $271 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $760,000 -- $271 / 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 $843 $72,500 $2,799 $69,701
2023 $508 $3,080 $3,080 --
2022 $508 $1,925 $1,925 $0
2021 $527 $1,750 $1,750 $0
2020 $513 $1,750 $1,750 $0
2019 $459 $1,750 $1,750 $0
2018 $449 $1,540 $1,540 $0
2017 $444 $1,540 $1,540 $0
2016 $414 $1,540 $1,540 $0
2015 $455 $1,540 $1,540 $0
2014 $441 $1,540 $1,540 $0
2013 $430 $1,540 $1,540 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12036363

Midwest Real Estate Data (MRED)

APN: 03-29-411-067-0000