NOT LISTED FOR SALE

514 S Arlington Heights Rd Arlington Heights, IL 60005

Estimated Value: $522,000 - $661,000

3 Beds
2 Baths
1,895 Sq Ft
$321/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $360,000 $190 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,277/month

1 Day on Market

Highlights

  • English Architecture
  • Wood Flooring
  • Built-In Features
  • Westgate Elementary School Rated 9+
  • Detached Garage
  • Brick Porch or Patio

About This Home

As of January 2021

VINTAGE * CRAFTSMANSHIP * ONE OF A KIND This home is a must see to believe. Not only does it have curb appeal galore, the interior is a WOW. The craftsmanship and millwork will blow you away. The architectural details are very unique and masterly executed. Foyer is sundrenched featuring an expansive window design. The arched doorways AND doors reflect a quality rarely found. The windows throughout have been replaced yet the original detail maintained. Living room offers period decorative fireplace, abundant windows, and fresh decor. The dining room serves as the perfect flex space for todays lifestyles. Family meals - work from home - game night .... endless options. The natural cherry wood kitchen cabinets are beautiful and were thoughtfully planned to maximize storage. All appliances are high-end: Bosch/Sub Zero/Amana. The Master Bedroom/ sitting area is cozy & welcoming. Vintage flair has been maintained in the updated second level bath. Basement is open and spotless: workshop, storage, laundry, and play area. Yard has mature landscaping and an entertaining ready custom paver patio. Two car garage with additional storage. Award winning schools and just blocks from beautiful downtown Arlington Heights.

Last Agent to Sell the Property

Susan Duchek

Picket Fence Realty License #471003751 Listed on: 11/12/2020

Co-Listed By

Mary Piemonte

Picket Fence Realty License #475139210

Last Buyer's Agent

Eve Tarm

Coldwell Banker Realty License #475140404

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,498

Year Built

  • 1927

Lot Details

  • 6,534

Parking

  • Detached Garage
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • English Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Bathroom on Main Level
  • Built-In Features
  • Entrance Foyer
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Additional Features

  • Brick Porch or Patio
  • East or West Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,498

Year Built

1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: English
  • Type Detached: 2 Stories
  • Estimated Year Built: 1927
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1927

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Full Bath, Built-in Features
  • Number Of Rooms: 7
  • Living Room: Dimensions: 13X19, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 12X12, On Level: Basement
  • Dining Room: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X11, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 19X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Foyer, Dimensions: 13X6, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1895
  • Dining Room Type: Separate
  • Family Room: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Brick Paver Patio
  • Exposure: E (East)
  • Acreage: 0.1515

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Schools

  • School District: 214
  • Elementary School: Westgate Elementary School
  • Middle School: South Middle School
  • High School: Rolling Meadows High School
  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 50X132
  • Parcel Identification Number: 03321300170000

Tax Info

  • Taxes: 9618.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jan 4, 2021
Sold by
Krebs Gregory and Gregory Krebs Revocable Trust
Bought by
Parkway Bank And Trust Company and Trust Number 16209
Seller's Agent
Susan Duchek
Picket Fence Realty
Buyer's Agent
Eve Tarm
Coldwell Banker Realty
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Current Estimated Value
$609,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,110
Avg. Annual Appreciation
10.32%
Original Mortgage
$288,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2015
Sold by
Krebs Gregory
Bought by
Krebs Gregory and Gregory Krebs Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Parkway Bank And Trust Company $360,000 Chicago Title
Krebs Gregory -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parkway Bank And Trust Company $288,000
Previous Owner Krebs Gregory $35,000
Previous Owner Krebs Gregory F $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $360,000 +2.9% $190 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $350,000 -- $185 / 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 $11,498 $42,000 $7,920 $34,080
2023 $11,074 $42,000 $7,920 $34,080
2022 $11,074 $42,000 $7,920 $34,080
2021 $9,399 $34,555 $4,785 $29,770
2020 $9,223 $34,555 $4,785 $29,770
2019 $9,619 $40,065 $4,785 $35,280
2018 $10,264 $38,607 $4,125 $34,482
2017 $10,160 $38,607 $4,125 $34,482
2016 $9,712 $38,607 $4,125 $34,482
2015 $9,632 $35,243 $3,630 $31,613
2014 $9,366 $35,243 $3,630 $31,613
2013 $9,114 $35,243 $3,630 $31,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10932349

Midwest Real Estate Data (MRED)

APN: 03-32-130-017-0000