NOT LISTED FOR SALE

542 S Chestnut Ave Arlington Heights, IL 60005

Estimated Value: $498,000 - $527,065

4 Beds
2 Baths
906 Sq Ft
$566/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $400,000 $442 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,631/month

8 Days on Market

Highlights

  • Cape Cod Architecture
  • Formal Dining Room
  • Central Air
  • Westgate Elementary School Rated 9+
  • 1.5 Car Detached Garage

About This Home

As of November 2021

DON'T MISS OUT!! Updated light, bright and charming 4BD/2BA brick cape cod near downtown AH, Metra, Racetrack, shopping and restaurants. Kitchen features newer backsplash and range hood, SS appliances and soft close cabinets. Eat-in kitchen. Both bathrooms beautifully remodeled with newer vanities, faucets, tile and flooring. Almost all of the rooms in the house have been recently painted. Downstairs has hardwood floors and upstairs has newer carpet. Basement has newer sump pump with waterproofing and washer/dryer. Basement with multiple possibilities such as playroom or exercise room. Fenced in yard with 1.5 garage spaces. Upper level of home has been completely reinsulated making the home more energy efficient and cost effective. Close to major expressways but home is tucked away into a friendly and quiet neighborhood. Great location with excellent schools!

Last Agent to Sell the Property

Melissa Mueller

@properties Christie's International Real Estate License #475184708 Listed on: 09/28/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Laura Prester

Berkshire Hathaway HomeServices Starck Real Estate License #475155387

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,416

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 50 x 132

Parking

  • 1.5 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2-Story Property
  • Formal Dining Room
  • Partially Finished Basement
  • Partial Basement
  • Laundry in unit

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,416

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: Cape Cod
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1948
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Range Hood
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 400000
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • Garage Spaces: 1.5
  • ParkingTotal: 1.5
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 25

Lot Info

  • Lot Dimensions: 50 X 132
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7415.87
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Nov 16, 2021
Sold by
Riggio Matthew J and Erfort Allison M
Bought by
Scheffler Stephen C and Kallman Heather
Seller's Agent
Melissa Mueller
@properties Christie's International Real Estate
Buyer's Agent
Laura Prester
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$512,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,516
Avg. Annual Appreciation
6.80%
Original Mortgage
$360,000
Outstanding Balance
$334,854
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$178,016

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 16, 2020
Sold by
Houston Timothy and Houston Kathleen
Bought by
Riggio Matthew J and Erfort Allison M
Seller's Agent
Eric Johnson
Real People Realty
Buyer's Agent
Melissa Mueller
RE/MAX PREMIER
List Price
$342,500
Sold Price
$331,325
Premium/Discount to List
-$11,175
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%
Original Mortgage
$314,758
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2018
Closed on
Jan 22, 2019
Sold by
Keeffe Colleen Wason O and Lind Joseph
Bought by
Houston Timothy and Houston Kathleen
Seller's Agent
Holly Connors
@properties Christie's International Real Estate
Buyer's Agent
Eric Johnson
Real People Realty
List Price
$350,000
Sold Price
$327,000
Premium/Discount to List
-$23,000
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.95%
Original Mortgage
$294,300
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2014
Closed on
May 29, 2014
Sold by
Hofer Susan Whittier
Bought by
Watson O Keeffe Colleen
Seller's Agent
Caroline Starr
@properties Christie's International Real Estate
Buyer's Agent
Meg Rogers
d'aprile properties
List Price
$299,999
Sold Price
$304,000
Premium/Discount to List
$4,001
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%
Original Mortgage
$234,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2014
Closed on
May 20, 2014
Sold by
Whitter Davis G
Bought by
Keeffe Colleen Watson O
Seller's Agent
Caroline Starr
@properties Christie's International Real Estate
Buyer's Agent
Meg Rogers
d'aprile properties
List Price
$299,999
Sold Price
$304,000
Premium/Discount to List
$4,001
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2002
Sold by
Whittier Davis G and Whittier Joanne E
Bought by
Whittier Davis G and Davis Whittier Trust

Purchase Details

Closed on
Apr 14, 1997
Sold by
Whittier Davis G and Whittier Joanne E
Bought by
Whittier Davis G and Davis Whittier 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
Scheffler Stephen C $400,000 Citywide Title Corporation
Riggio Matthew J $331,500 First American Title
Houston Timothy $327,000 Attorneys Title Guaranty Fun
Watson O Keeffe Colleen $304,000 Fidelity National Title
Keeffe Colleen Watson O -- Fidelity National Title
Whittier Davis G -- None Available
Whittier Davis G -- --
Whittier Davis G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheffler Stephen C $360,000
Previous Owner Riggio Matthew J $314,758
Previous Owner Houston Timothy $294,300
Previous Owner Keeffe Colleen Watson O $230,955
Previous Owner Keeffe Colleen Watson O $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $400,000 0.0% $442 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $400,000 +20.7% $442 / Sq Ft
06/16/2020 06/16/20 Sold $331,325 -3.3% $366 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $342,500 +4.7% $378 / Sq Ft
01/24/2019 01/24/19 Sold $327,000 -3.8% $361 / Sq Ft
12/31/2018 12/31/18 Pending -- -- --
12/10/2018 12/10/18 Price Changed $340,000 -2.9% $375 / Sq Ft
11/08/2018 11/08/18 For Sale $350,000 +15.1% $386 / Sq Ft
05/30/2014 05/30/14 Sold $304,000 +1.3% $336 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $299,999 -- $331 / 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 $10,129 $40,000 $7,920 $32,080
2023 $9,755 $37,000 $7,920 $29,080
2022 $9,755 $37,000 $7,920 $29,080
2021 $7,613 $25,290 $4,125 $21,165
2020 $7,416 $25,290 $4,125 $21,165
2019 $7,362 $28,038 $4,125 $23,913
2018 $8,479 $29,057 $3,630 $25,427
2017 $8,380 $29,057 $3,630 $25,427
2016 $7,815 $29,057 $3,630 $25,427
2015 $6,737 $22,818 $3,135 $19,683
2014 $6,541 $22,818 $3,135 $19,683
2013 $1,577 $22,818 $3,135 $19,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11232286

Midwest Real Estate Data (MRED)

APN: 03-31-225-023-0000