Seller's Agent in 2025
Rutul Parekh
ARNI Realty Incorporated
(847) 293-9190
2 in this area
478 Total Sales
711 W Nichols Rd Arlington Heights, IL 60004
Terramere Neighborhood
4
Beds
2.5
Baths
2,374
Sq Ft
9,322
Sq Ft Lot
Highlights
- Colonial Architecture
- Community Lake
- Recreation Room
- Buffalo Grove High School Rated A+
- Property is near a park
- 5-minute walk to Lake Terramere Park
About This Home
As of September 2025A beautifully updated and meticulously maintained home nestled in a highly sought-after Arlington Heights Terramere neighborhood. This spacious 4-bedroom, 2.1-bath residence offers a perfect combination of luxury, comfort, and functionality. Step into a bright and inviting living room with rich hardwood flooring, ideal for both entertaining and everyday living. The open and flowing layout continues into a large eat-in kitchen with ample cabinet space, perfect for preparing meals or gathering. Upstairs, the serene primary suite serves as your private retreat, featuring vaulted ceilings, a large walk-in closet, and a spa-inspired en-suite bath complete with a soaking tub, separate walk-in shower, and double bowl vanity. Three additional generously sized bedrooms offer flexibility for guests, home office, or hobbies. The finished basement expands your living space, ideal for a media room, home gym, or play area. A 2-car attached garage adds everyday convenience, while the professionally landscaped yard provides room to relax or entertain outdoors. Ideally located just minutes from the scenic Nichol Knoll Park, walking and biking trails, Payton Hill, and a nearby golf course, with easy access to schools, shopping, dining, and major expressways. This is the perfect place to call home - move in and enjoy everything Arlington Heights has to offer!
Last Agent to Sell the Property
ARNI Realty Incorporated License #471021588 Listed on: 07/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,486
Year Built
- Built in 1984
Lot Details
- 9,322 Sq Ft Lot
- Lot Dimensions are 77 x 121
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,374 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Skylights
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Recreation Room
- Storage Room
- Partial Basement
Kitchen
- Breakfast Bar
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
- Porch
Location
- Property is near a park
Schools
- Henry W Longfellow Elementary Sc
- Cooper Middle School
- Buffalo Grove High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- Terramere Subdivision
- Community Lake
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2023
Closed on
Feb 13, 2023
Sold by
Marder Family Trust
Bought by
Khairnar Sunil Yashwant and Pawar Harshada Gajanan
Seller's Agent
David Schwabe
Compass
Buyer's Agent
Rutul Parekh
ARNI Realty Incorporated
List Price
$535,000
Sold Price
$525,000
Premium/Discount to List
-$10,000
-1.87%
Views
75
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$472,500
Outstanding Balance
$456,430
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$184,265
Purchase Details
Closed on
Feb 19, 2014
Sold by
Marder Stuart A and Marder Maxine
Bought by
Marder Family Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $525,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $472,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/12/2025 09/12/25 | Sold | $632,500 | -1.2% | $266 / Sq Ft | |
| 07/29/2025 07/29/25 | Pending | -- | -- | -- | |
| 07/10/2025 07/10/25 | For Sale | $639,900 | +21.9% | $270 / Sq Ft | |
| 02/13/2023 02/13/23 | Sold | $525,000 | -1.9% | $207 / Sq Ft | View Prior Sale |
| 01/18/2023 01/18/23 | Pending | -- | -- | -- | |
| 01/13/2023 01/13/23 | For Sale | $535,000 | -- | $211 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $13,486 | $49,000 | $11,655 | $37,345 |
| 2023 | $12,797 | $49,000 | $11,655 | $37,345 |
| 2022 | $12,797 | $49,000 | $11,655 | $37,345 |
| 2021 | $10,401 | $36,061 | $7,692 | $28,369 |
| 2020 | $11,344 | $39,274 | $7,692 | $31,582 |
| 2019 | $11,342 | $43,397 | $7,692 | $35,705 |
| 2018 | $10,692 | $37,621 | $6,759 | $30,862 |
| 2017 | $12,559 | $37,621 | $6,759 | $30,862 |
| 2016 | $13,405 | $42,939 | $6,759 | $36,180 |
| 2015 | $11,443 | $33,721 | $5,827 | $27,894 |
| 2014 | $11,832 | $35,383 | $5,827 | $29,556 |
| 2013 | $10,758 | $39,110 | $5,827 | $33,283 |
Source: Public Records
Agents Affiliated with this Home
-
Rutul Parekh
-
Madeleine Pearl
Buyer's Agent in 2025
Madeleine Pearl
Station Cities
(312) 203-9480
1 in this area
62 Total Sales
-
David Schwabe
Seller's Agent in 2023
David Schwabe
Compass
(847) 636-6747
16 in this area
424 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12415857
APN: 03-06-201-039-0000
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