NOT LISTED FOR SALE

524 S Lincoln Ln Arlington Heights, IL 60005

Estimated Value: $716,000 - $733,000

4 Beds
2.5 Baths
1,696 Sq Ft
$428/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $676,400 $399 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,037/month

3 Days on Market

Highlights

  • Heated Floors
  • Colonial Architecture
  • Property is near a park
  • Prospect High School Rated A+
  • Landscaped Professionally
  • Living Room with Fireplace

About This Home

As of March 2024

Timeless Colonial in the center of the Scarsdale neighborhood of Arlington Heights. This 4 BEDROOM, 2 1/2 BATHROOM with FINISHED BASEMENT has been perfectly maintained and cared for! Handsome curb appeal with extensive mature landscape, seasonal perennials & exterior lighting. Stepping into home you will love the rich hardwood floors carried throughout! Deep closet at foyer to keep you organized. Inviting Living Room with bay window seating, wood shutters and cozy gas fireplace! Ideal entertaining space with adjacent dining room that opens to the Family Room with heated slate floors for year round comfort, surrounded in windows (that have custom motorized shades on remote control) providing gorgeous views of backyard and garden beds. Kitchen is finished in wood cabinetry, stainless appliances with SubZero fridge and newer Bosch Dishwasher, tile backsplash and breakfast bar area thats perfect for quick snacks. The 1/2 Guest Bath is updated with classic white fixtures with trim & molding carried through. Primary Suite features the fully remodeled Spa Bath with amazing shower stall, gorgeous wall tile & basketweave marble floor tile, multiple shower heads, bench seating, crisp vanity and beautiful lighting plus bonus over head Heater Fan that quickly warms the room up! The 3 additional bedrooms share the hall FULL Bath that has been updated with marble flooring and white pedestal sink. ALL 3 Bathrooms enjoy Newly installed toilets in 2022. FINISHED Basement with large recreation room includes Brand NEW Carpet and wood burning fireplace with marble mantle! Utility Room for storage. Fully fenced backyard that highlights your brick paver patio, pretty garden beds and darling shed for all the toys and tools. RECENT UPDATES/NEW: Chimney Rebuilt less than 10 years ago, New Back Door from Family 2023, New Dryer in 2023, New Toilets in all Bathrooms 2022, Primary Bath Remodeled to Studs in 2021, Professionally Installed Exterior landscape uplighting in 2021, New Bosch Dishwasher in 2021, New Kitchen Faucet in 2021, Professionally Finished Landscape Refresh in 2021, Tree Trimming & Maintenance done in 2020, Brick Pavers Cleaned and Sealed 2020. Home has Sump Pump with Battery Back up for peace of mind. NOTE: Owners finished the Attic with Easy Pull Down Stairs AND wood floors that covers the entire footprint of home, allowing for incredible storage room if needed!

Last Agent to Sell the Property

Caroline Starr

@properties Christie's International Real Estate License #475123478 Listed on: 02/21/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Debbie Hepburn

@properties Christie's International Real Estate License #475166459

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,808

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 50 x 131
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Level Lot

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,696 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Shutters
  • Bay Window
  • French Doors
  • Entrance Foyer
  • Family Room Downstairs
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Porcelain Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Shower Body Spray

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Basement Storage

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting
  • Shed

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Scarsdale Subdivision, Timeless Colonial Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,808

Year Built

Built in 1948

Lot Details

0

Parking

1

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: 1948
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • 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, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, Heated Floors, Built-in Features, Walk-In Closet(s), Plaster
  • LivingArea: 1696
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Room Type: Family Room, Foyer, Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Rec/Family Area,Storage Space
  • Bathroom Amenities: Full Body Spray Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 0
  • Attic: Pull Down Stair
  • Door Features: French Doors
  • Window Features: Bay Window(s),Shutters
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 650000
  • Lot Features: Fenced Yard, Landscaped, Level, Outdoor Lighting
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • 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: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Street Lights, Street Paved
  • 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
  • Middle/Junior School District: 25

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 131
  • Rural (Y/N): N
  • 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: 12808.45
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Mar 20, 2024
Sold by
Martin W Finis Declaration Of Trust and Elizabeth Ann Finis Declaration Of Trust
Bought by
Hidaka Sean M and Rad Bita F
Seller's Agent
Caroline Starr
@properties Christie's International Real Estate
Buyer's Agent
Debbie Hepburn
@properties Christie's International Real Estate
List Price
$650,000
Sold Price
$676,400
Premium/Discount to List
$26,400
4.06%
Views
61
Current Estimated Value
$726,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,703
Avg. Annual Appreciation
5.01%
Original Mortgage
$436,400
Outstanding Balance
$429,564
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$296,539

Purchase Details

Closed on
Aug 29, 2019
Sold by
Finis Elizabeth Ann
Bought by
Finis Martin W and The Martin W Finis Declaration Of Trust

Purchase Details

Closed on
Aug 1, 2000
Sold by
Finis Martin W and Finis Beth Ann
Bought by
Finis Martin W and The Martin W Finis Declaration Of Trust

Purchase Details

Closed on
Jul 13, 1998
Sold by
Declaration Crawford John R
Bought by
Finis Martin W and Finis Beth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

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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
Hidaka Sean M $676,500 None Listed On Document
Finis Martin W -- Attorney
Finis Martin W -- Attorney
Finis Martin W -- --
Finis Elizabeth Ann -- --
Finis Martin W $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hidaka Sean M $436,400
Previous Owner Finis Elizabeth Ann $137,752
Previous Owner Finis Martin W $141,847
Previous Owner Finis Elizabeth Ann $146,000
Previous Owner Finis Martin W $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $676,400 +4.1% $399 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $650,000 -- $383 / 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 $13,328 $52,000 $9,900 $42,100
2023 $12,808 $52,000 $9,900 $42,100
2022 $12,808 $52,000 $9,900 $42,100
2021 $9,205 $33,911 $5,445 $28,466
2020 $9,034 $33,911 $5,445 $28,466
2019 $9,026 $37,805 $5,445 $32,360
2018 $9,023 $34,354 $4,785 $29,569
2017 $8,934 $34,354 $4,785 $29,569
2016 $8,568 $34,354 $4,785 $29,569
2015 $7,590 $28,327 $4,125 $24,202
2014 $8,045 $30,633 $4,125 $26,508
2013 $7,825 $30,633 $4,125 $26,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11984736

Midwest Real Estate Data (MRED)

APN: 03-32-231-019-0000