NOT LISTED FOR SALE

501 E Mayfair Rd Arlington Heights, IL 60005

Estimated Value: $789,000 - $824,000

3 Beds
4 Baths
2,159 Sq Ft
$372/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $665,000 $308 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,301/month

Highlights

  • Colonial Architecture
  • Living Room with Fireplace
  • Vaulted Ceiling
  • Prospect High School Rated A+
  • Recreation Room
  • Wood Flooring

About This Home

As of August 2021

Situated in the coveted Scarsdale neighborhood, this expanded two story colonial exudes timeless elegance. Designer renovation transformed this stunning residence to perfection in 2020. Quality craftsman finishes and meticulous attention to detail will greet you as you enter into this fully appointed floor plan. Breathtaking family room suited with vaulted ceilings, skylights and adjacent sun soaked indoor/outdoor all glass sliding door sunroom. Living room presents custom built in bookshelves, gas fireplace, and curved archway detail to spacious formal dining room. Generously sized bedrooms, upgraded bathrooms and custom closets installed in each room. The basement adorned with a stone gas fireplace and newly renovated powder room decorated in shiplap with handcrafted custom vanity. Updates to include: Complete custom kitchen (Wilson Hill Cabinetry), Calcutta quartz countertops, new handcrafted backsplash, all new Kitchen Aid stainless steel appliances and professional vent-a-hood exhaust system. Entire home professionally painted, updated trim work through the first floor, Graber wood blinds installed and custom curtains. Refinished hardwood floors, new upgraded lighting throughout, all galvanized plumbing has been replaced with copper. Thermo-tru door installed for access to garage. Chimney flute lined in stainless steel, upgraded electrical panel (200 amp) and cedar privacy fence was installed all across the backyard. Professionally designed landscaping (Lurvey), new planting, walkways, LED lighting, and custom walkway across the back of the home. One of a kind location, minutes to everything that Arlington Heights has to offer!

Last Agent to Sell the Property

Maria DelBoccio

@properties Christie?s International Real Estate License #475146842 Listed on: 06/29/2021

@properties Christie?s International Real Estate

Co-Listed By

Sarah Malapanes

@properties Christie?s International Real Estate License #475183704

Last Buyer's Agent

David Jaffe

@properties Christie?s International Real Estate License #475140147

@properties Christie?s International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,250

Year Built

  • Built in 1953 | Remodeled in 2020

Lot Details

  • 6,216 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Corner Lot

Parking

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

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,159 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Screened Porch
  • First Floor Utility Room
  • Wood Flooring
  • Storm Screens

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry closet
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Crawl Space

Schools

  • Dryden Elementary School
  • South Middle School
  • Prospect High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Satellite Dish

Community Details

  • Scarsdale Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,250

Year Built

Built in 1953 | Remodeled in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Scarsdale
  • Year Built: 1953
  • 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): Yes
  • Rehab Year: 2020
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Walk-In Closet(s)
  • LivingArea: 2159
  • Other Equipment: Humidifier, TV-Dish, Ceiling Fan(s), Sump Pump
  • Room Type: Foyer, Sun Room, Recreation Room, Utility Room-1st Floor
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Crawl
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 0
  • Window Features: Skylight(s)

Exterior Features

  • ExteriorFeatures: Porch Screened, Brick Paver Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Dryden Elementary School
  • High School: Prospect High School
  • Middle/Junior School: South Middle School

Lot Info

  • Lot Size Acres: 0.1427
  • Lot Dimensions: 50X130
  • 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: 10249.88
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Aug 9, 2021
Sold by
Johnson Stephen and Johnson Colleen Ford
Bought by
Mirro Richard and Mirro Karen
Seller's Agent
Maria DelBoccio
@properties Christie?s International Real Estate
Buyer's Agent
David Jaffe
@properties Christie?s International Real Estate
List Price
$649,700
Sold Price
$665,000
Premium/Discount to List
$15,300
2.35%
Current Estimated Value
$802,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,975
Avg. Annual Appreciation
4.61%
Original Mortgage
$165,000
Outstanding Balance
$125,720
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$677,255

Purchase Details

Closed on
May 20, 2019
Sold by
Weber Andrew M and Tijerina Amanda M
Bought by
Johnson Stephen and Johnson Colleen Ford

Purchase Details

Closed on
Jun 26, 2017
Sold by
Dube Oscar L and Dube Mary
Bought by
Weber Andrew M and Tijerina Amanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,400
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2009
Sold by
Dube Oscar L
Bought by
Dube Oscar L and Dube Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2007
Sold by
Mckinnery William N and Mckinnery Diane M
Bought by
Dube Oscar L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2004
Sold by
Mckinnery William N and Mckinnery Diane M
Bought by
Mckinnery William N and Mckinnery Dianne M

Purchase Details

Closed on
Aug 1, 1994
Sold by
Mckinnery William N and Mckinnery Diane M
Bought by
Mckinnery William N and Mckinneryh Diane M
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
Mirro Richard $665,000 Proper Title Llc
Johnson Stephen $532,000 Chicago Title
Weber Andrew M $468,000 Landtrust National Title
Dube Oscar L -- Ticor Title Insurance Co
Dube Oscar L -- First American Title Ins Co
Mckinnery William N -- --
Mckinnery William N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirro Richard $165,000
Previous Owner Weber Andrew M $374,400
Previous Owner Dube Oscar L $412,000
Previous Owner Dube Oscar L $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2021 08/25/21 Sold $665,000 +2.4% $308 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $649,700 +22.1% $301 / Sq Ft
08/01/2019 08/01/19 Sold $532,000 -5.8% $246 / Sq Ft View Prior Sale
07/02/2019 07/02/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $564,900 -- $262 / 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 $13,173 $54,085 $9,327 $44,758
2023 $14,196 $54,085 $9,327 $44,758
2022 $14,196 $60,000 $9,327 $50,673
2021 $9,662 $38,093 $5,129 $32,964
2020 $10,260 $38,093 $5,129 $32,964
2019 $10,250 $42,468 $5,129 $37,339
2018 $14,689 $50,336 $4,508 $45,828
2017 $13,543 $50,336 $4,508 $45,828
2016 $12,867 $50,336 $4,508 $45,828
2015 $11,167 $40,444 $3,886 $36,558
2014 $10,857 $40,444 $3,886 $36,558
2013 $10,567 $40,444 $3,886 $36,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11139665

Midwest Real Estate Data (MRED)

APN: 03-32-136-009-0000