NOT LISTED FOR SALE

704 N Highland Ave Arlington Heights, IL 60004

Estimated Value: $565,000 - $811,000

5 Beds
3 Baths
2,747 Sq Ft
$261/Sq Ft Est. Value

Last Sold April 18, 2019

Last sale price $555,000 $202 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,579/month

181 Days on Market

Highlights

  • The property is located in a historic district
  • Landscaped Professionally
  • Recreation Room
  • Olive-Mary Stitt Elementary School Rated A-
  • Deck
  • 1-minute walk to Festival Park

About This Home

As of April 2019

Breathtaking renovated in-town vintage charmer perfectly situated in highly sought after HANA district. This home is draped in character. Open concept living spaces highlighted by detailed millwork, refinished hardwood flooring throughout and 9ft ceilings on first floor. Spectacular gourmet kitchen hosting custom cabinetry, granite countertops, stainless steel appliances and expansive island/breakfast bar. Formal dining area accented with butlers panty, first floor office/optional bedroom and fully renovated first floor bath. Full basement offers wine cellar, exercise room, craft room, recreation space and plenty of storage. Enclosed front porch overlooking picture perfect location. Close to downtown business district, trains, restaurants, shopping, schools and so much more. Oversized lot: Property holds three PIN #'s. Low taxes!

Last Agent to Sell the Property

Maria DelBoccio

@properties Christie's International Real Estate License #475146842 Listed on: 09/18/2018

@properties Christie's International Real Estate

Co-Listed By

Diane Marchetti

@properties Christie's International Real Estate License #475127061

Last Buyer's Agent

Julie Presta

Fulton Grace Realty License #475172128

Fulton Grace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,074

Year Built

  • 1907

Lot Details

  • 0.38

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • American Four Square Architecture
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Wet Bar
  • Gas Log Fireplace
  • Entrance Foyer
  • Home Office
  • Recreation Room
  • Bonus Room
  • Play Room
  • Screened Porch
  • Storage Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Separate Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Landscaped Professionally
  • The property is located in a historic district

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,074

Year Built

1907

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train, Historical District
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 2486
  • Style Of House: American 4-Sq.
  • Type Detached: 2 Stories
  • Estimated Year Built: 1907
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1907

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 13
  • Living Room: Dimensions: 17X15, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Cooktop
  • Equipment: Humidifier, TV-Cable, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Logs, Gas Starter
  • Attic: Interior Stair
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 14X8, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: 18X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island
  • Additional Rooms: 5th Bedroom, Office, Bonus, Recreation Room, Exercise Room, Storage, Foyer, Screened Porch, Play Room
  • Master Bedroom: Dimensions: 15X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 11X10, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 2 Name: Office, Dimensions: 11X9, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 11X9, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Bonus, Dimensions: 17X9, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Recreation Rm, Dimensions: 20X12, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 4: Dimensions: 11X9, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 5 Name: Exercise Rm, Dimensions: 15X12, On Level: Basement, Flooring: Other
  • Additional Room 6 Name: Storage, Dimensions: 17X8, On Level: Basement
  • Additional Room 7 Name: Foyer, Dimensions: 8X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 8 Name: Screened Porch, Dimensions: 30X8, On Level: Main Level
  • Additional Room 9 Name: Playroom, Dimensions: 13X13, On Level: Basement
  • Estimated Sq Ft: 2747
  • Estimated Total Finished Sq Ft: 2486
  • Main Level Sq Ft: 2486
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio
  • Acreage: 0.386

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
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Radiators

Schools

  • School District: 214
  • Elementary School: Olive-Mary Stitt School
  • Middle School: Thomas Middle School
  • High School: John Hersey High School
  • Junior High Dist: 25

Lot Info

  • Lot Dimensions: 120X140
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 03302260180000

Tax Info

  • Taxes: 12054.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2024
Sold by
Farrell Edward V
Bought by
Edward And Leesa Farrell Living Trust and Farrell
Current Estimated Value
$718,269

Purchase Details

Listed on
Sep 18, 2018
Closed on
Apr 12, 2019
Sold by
Mahalek David J and Mahalek Andrea L
Bought by
Farrell Edward V
Seller's Agent
Maria DelBoccio
@properties Christie's International Real Estate
Buyer's Agent
Julie Presta
Fulton Grace Realty
List Price
$600,000
Sold Price
$555,000
Premium/Discount to List
-$45,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$467,500
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2008
Sold by
Burky Christopher and Burky Suzanne
Bought by
Mahalek David J and Mahalek Andrea 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
6.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Edward And Leesa Farrell Living Trust -- None Listed On Document
Edward And Leesa Farrell Living Trust -- None Listed On Document
Farrell Edward V $555,000 First American Title
Mahalek David J $700,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farrell Edward V $465,000
Previous Owner Farrell Edward V $463,000
Previous Owner Farrell Edward V $467,500
Previous Owner Mahalek David J $355,000
Previous Owner Mahalek David J $417,000
Previous Owner Mahalek David J $417,000
Previous Owner Burky Christopher M $186,000
Previous Owner Burky Christopher M $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2019 04/18/19 Sold $555,000 -5.9% $202 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
03/14/2019 03/14/19 Price Changed $590,000 -1.7% $215 / Sq Ft
09/18/2018 09/18/18 For Sale $600,000 -- $218 / 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 $8,074 $31,150 $6,720 $24,430
2023 $7,762 $31,150 $6,720 $24,430
2022 $7,762 $31,150 $6,720 $24,430
2021 $6,370 $22,826 $4,200 $18,626
2020 $5,670 $22,826 $4,200 $18,626
2019 $6,209 $25,363 $4,200 $21,163
2018 $5,670 $21,147 $3,696 $17,451
2017 $5,612 $21,147 $3,696 $17,451
2016 $5,352 $21,147 $3,696 $17,451
2015 $5,153 $18,762 $3,192 $15,570
2014 $5,010 $18,762 $3,192 $15,570
2013 $4,875 $18,762 $3,192 $15,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10086665

Midwest Real Estate Data (MRED)

APN: 03-30-226-018-0000