NOT LISTED FOR SALE

581 S Arlington Ave Elmhurst, IL 60126

Estimated Value: $1,400,122 - $1,468,000

5 Beds
5 Baths
3,918 Sq Ft
$366/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $945,000 $241 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $9,628/month

14 Days on Market

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • Wood Flooring
  • Jefferson Elementary School Rated A
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of March 2021

Classic Stone and Brick gorgeous home idyllically located in the quiet heart of Jefferson Elementary and just steps to Illinois Prairie Path. 60 wide lot on a beautiful block with many other newer homes. Flexible floor plan with plenty of room for e-learning plus work from home. Formal living room, dining room with beautiful grass cloth wallpaper and wainscoting, and beautiful hardwood floors. Open kitchen and family room with gorgeous stone fireplace, coffered ceiling, and window seat overlooking manicured yard. Eating area has neutral tile floor, doors to patio, and bar area with beverage fridge. First floor office (currently used as guest bedroom) with wainscoting, plus full bath, great for related living or guests. Custom details, spacious room sizes, beautiful trim package, & awesome storage throughout. Outstanding master suite with 2nd fireplace and luxury bath with steam shower, plus bonus room perfect for Yoga studio. 3 extra bedrooms on second floor, one with private bath. Full finished basement with bar and custom built-ins, plus game room and guest bedroom (could be exercise room) and full bath. Freshly painted, and new lighting in many rooms. 2 Furnaces and CAC units, central vacuum system. Large fenced in yard with newer Hot Tub (stays), TuffShed and good sized patio. Heated garage with additional storage. Great opportunity for a newer home in a central location convenient to all Elmhurst has to offer. Walk to HB Jones, Farmer's Market, Elijah's, and Prairie Path...outstanding location and opportunity!

Last Agent to Sell the Property

Susan Hoerster

L.W. Reedy Real Estate License #475128127 Listed on: 01/12/2021

L.W. Reedy Real Estate

Last Buyer's Agent

Kris Maranda

@properties Christie's International Real Estate License #475128964

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,667

Year Built

  • 2002

Lot Details

  • 8,276

Parking

  • Attached Garage
  • Heated Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Dining Area
  • Home Office
  • Recreation Room
  • Bonus Room
  • Game Room
  • Lower Floor Utility Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Fenced Yard
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,667

Year Built

2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Age: 16-20 Years
  • Full Bathrooms: 5
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2002
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 14
  • Living Room: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Central Vacuum, TV-Cable, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Family Room, Master Bedroom
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X7, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 15X11, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Island, Pantry-Closet
  • Additional Rooms: Bonus, 5th Bedroom, Eating Area, Foyer, Game Room, Office, Recreation Room, Storage, Utility Room-Lower Level
  • Master Bedroom: Dimensions: 20X15, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X12, On Level: Basement, Flooring: Carpet, Windows: All
  • Additional Room 2 Name: Eating Area, Dimensions: 17X10, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 3 Name: Office, Dimensions: 13X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 16X15, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 4 Name: Bonus, Dimensions: 16X11, On Level: 2nd Level, Flooring: Ceramic Tile
  • Bedroom 4: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 5 Name: Recreation Rm, Dimensions: 18X16, On Level: Basement, Flooring: Carpet
  • Additional Room 6 Name: Game Rm, Dimensions: 17X16, On Level: Basement, Flooring: Vinyl
  • Additional Room 7 Name: Foyer, Dimensions: 12X7, On Level: Main Level, Flooring: Hardwood
  • Additional Room 8 Name: Utility Room-Lower Level, Dimensions: 15X10, On Level: Basement, Flooring: Other
  • Additional Room 9 Name: Storage, Dimensions: 9X9, On Level: Basement, Flooring: Other, Windows: None
  • Additional Room 10 Name: Bar, Dimensions: 16X10, On Level: Basement
  • Estimated Sq Ft: 3918
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X15, On Level: Main Level, Flooring: Hardwood, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Stone
  • Acreage: 0.1927

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Storm
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems

Schools

  • Junior High Dist: 205

Lot Info

  • Lot Dimensions: 60X140
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0612302007

Tax Info

  • Taxes: 19479

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Feb 23, 2021
Sold by
Maloney Patrick J and Maloney Lynn M
Bought by
Kosova Ethan C and Morris Merrideth Ashley
Seller's Agent
Susan Hoerster
L.W. Reedy Real Estate
Buyer's Agent
Kris Maranda
@properties Christie's International Real Estate
List Price
$969,900
Sold Price
$945,000
Premium/Discount to List
-$24,900
-2.57%
Current Estimated Value
$1,433,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,781
Avg. Annual Appreciation
9.25%
Original Mortgage
$756,000
Outstanding Balance
$676,741
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$757,040

Purchase Details

Listed on
Feb 7, 2014
Closed on
May 9, 2014
Sold by
Fahey William and Fahey Kathleen
Bought by
Maloney Patrick J and Maloney Lynn M
Seller's Agent
Tom Makinney
Compass
Buyer's Agent
Susan Hoerster
L.W. Reedy Real Estate
List Price
$950,000
Sold Price
$915,000
Premium/Discount to List
-$35,000
-3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.47%
Original Mortgage
$732,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 14, 2003
Sold by
Knobloch Barry J and Knobloch Nancy Sawle
Bought by
Fahey William and Fahey Kathleen

Purchase Details

Closed on
Nov 25, 2002
Sold by
Cler Robert D
Bought by
Knobloch Barry J and Knobloch Nancy S

Purchase Details

Closed on
Apr 27, 2001
Sold by
Suburban Bank & Trust Company
Bought by
Cler Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kosova Ethan C $945,000 Attorney
Maloney Patrick J $915,000 Atg
Fahey William $950,000 Ticor
Knobloch Barry J $850,000 First American Title
Cler Robert D $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kosova Ethan C $756,000
Previous Owner Maloney Patrick J $732,000
Previous Owner Cler Robert D $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2021 03/11/21 Sold $945,000 -2.6% $241 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $969,900 +6.0% $248 / Sq Ft
05/13/2014 05/13/14 Sold $915,000 -3.7% $234 / Sq Ft View Prior Sale
03/04/2014 03/04/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $950,000 -- $242 / 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 $24,667 $417,301 $98,645 $318,656
2023 $22,941 $385,890 $91,220 $294,670
2022 $19,224 $323,030 $87,690 $235,340
2021 $18,756 $315,000 $85,510 $229,490
2020 $19,879 $338,930 $83,640 $255,290
2019 $19,479 $322,240 $79,520 $242,720
2018 $20,659 $339,480 $75,270 $264,210
2017 $20,230 $323,500 $71,730 $251,770
2016 $19,831 $304,750 $67,570 $237,180
2015 $19,669 $283,910 $62,950 $220,960
2014 $22,660 $300,040 $49,970 $250,070
2013 $22,404 $304,260 $50,670 $253,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10969807

Midwest Real Estate Data (MRED)

APN: 06-12-302-007