NOT LISTED FOR SALE

Estimated Value: $819,000 - $903,337

5 Beds
2.5 Baths
3,537 Sq Ft
$241/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $720,000 $204 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,029/month

3 Days on Market

Highlights

  • Indoor Pool
  • Home Theater
  • Community Lake
  • Buffalo Grove High School Rated A+
  • Colonial Architecture
  • 1-minute walk to Lake Terramere Park

About This Home

As of September 2021

Fall in love with this spectacular custom home located in the Terramere Subdivision. This home is located by Lake Terramere and Nickol Knoll Golf Course! The front of home faces Lake Terramere and the wide open space of the park. The home has been updated with the whole family in mind. Entertaining spaces galore throughout the home. The main floor features, walnut floors, an updated 2021 kitchen with quartz countertops, an additional Four Season Sunroom with an endless pool (with electronic cover and child safety) for all to enjoy. Warm up in the soaker tub and swim laps in the pool in all seasons. The Family Room overlooks the sunroom and is highlighted by a stone fireplace accented by a natural wood mantel. The large primary bedroom features a walk-in-closet with custom built-ins, plus convenient laundry and folding area. If you desire, the mud room has additional hook-ups for laundry. Four additional oversized bedrooms and a 2nd bathroom finish off the space. Downstairs find a kids delight in their own personal slide off on the staircase landing, leading to either the basketball court for endless hours of play, the media room or the dance stage, complete with mirrors (currently being used as a fitness area). The garage has a bump out for additional storage. The home is across from the main Terramere Park, blocks from all three public schools, tennis and pickle ball courts, miles of trails which is conveniently located at the Buffalo Creek Forest Preserve, Walter Payton's Hill and AHPD 9 hole golf course. Close to Metra and easy access to all major highways. Newly formed, optional, Terramere Neighborhood Association, featuring events and fun activities for the neighborhood all summer long. Plus always enjoy what downtown Arlington Heights has to offer! What more could you want from your new neighborhood? Move right into this WONDERFUL family home in the highly sought Terramere subdivision looking for a new family to make it home.

Last Agent to Sell the Property

Robin Chessick

Baird & Warner License #475163514 Listed on: 07/23/2021

Baird & Warner

Last Buyer's Agent

Daniel Close

Redfin Corporation License #475127076

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,033

Year Built

  • Built in 1984

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 3,537 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Mud Room
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Game Room
  • Heated Sun or Florida Room
  • Home Gym
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Pool

  • Indoor Pool
  • In Ground Pool

Outdoor Features

  • Patio
  • Fire Pit

Location

  • Property is near a park

Schools

  • Henry W Longfellow Elementary Sc
  • Cooper Middle School
  • Buffalo Grove High School

Utilities

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

Community Details

  • Terramere Subdivision, Custom Floorplan
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,033

Year Built

Built in 1984

Lot Details

0

Parking

2

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: Terramere
  • Year Built: 1984
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 2nd Floor Laundry, Pool Indoors, Built-in Features, Walk-In Closet(s), Granite Counters
  • LivingArea: 3537
  • Room Type: Bedroom 5, Game Room, Exercise Room, Media Room, Mud Room, Heated Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 3103
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Square Footage Comments: The Sunroom is not included in assessors sq ft (434 sq ft)
  • Total Sq Ft: 0
  • Bedroom 2 Flooring: Carpet
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Ceramic Tile
  • Kitchen: Eating Area-Table Space,Island,Granite Counters,Updated Kitchen
  • Living Room Flooring: Hardwood
  • MRD_MBB: Full,Double Sink,Shower Only
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Dimensions: 16X14
  • Bedroom 3 Flooring: Carpet
  • Bedroom 2 Window: All
  • Living Room Windows: All
  • Master Bedroom Windows: All
  • Family Room Flooring: Hardwood
  • Bedroom 3 Window: All
  • Bedroom 4 Flooring: Carpet
  • Dining Room Windows: All
  • Family Room Windows: All
  • Kitchen Windows: All
  • Bedroom 4 Window: All

Exterior Features

  • DirectionFaces: North
  • ExteriorFeatures: Patio, In Ground Pool, Fire Pit
  • List Price: 699000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Henry W Longfellow Elementary Sc
  • High School: Buffalo Grove High School
  • Middle/Junior School: Cooper Middle School
  • Middle/Junior School District: 21

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.24
  • Lot Dimensions: 10439
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 14033
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 19, 2021
Sold by
Chessick Cary and Chessick Robin
Bought by
Whalen Michael and Whalen Amy
Seller's Agent
Robin Chessick
Baird & Warner
Buyer's Agent
Daniel Close
Redfin Corporation
List Price
$699,000
Sold Price
$720,000
Premium/Discount to List
$21,000
3%
Current Estimated Value
$852,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,084
Avg. Annual Appreciation
4.42%
Original Mortgage
$576,000
Outstanding Balance
$524,117
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$333,188

Purchase Details

Closed on
Nov 30, 2000
Sold by
Gillette Loe Richard D and Gillette Loe Constance
Bought by
Chessick Cary and Chessick Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.8%
Source: Public Records

Range of Values:

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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
Whalen Michael $720,000 Chicago Title
Chessick Cary $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whalen Michael $576,000
Previous Owner Chessick Cary $320,000
Previous Owner Chessick Cary $110,384
Previous Owner Chessick Cary $320,000
Previous Owner Chessick Cary $120,000
Previous Owner Chessick Cary $292,000
Previous Owner Chessick Cary $315,000
Previous Owner Chessick Cary $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $720,000 +3.0% $204 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $699,000 -- $198 / 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 $17,863 $57,000 $13,049 $43,951
2023 $17,025 $57,000 $13,049 $43,951
2022 $17,025 $57,000 $13,049 $43,951
2021 $13,002 $40,914 $8,612 $32,302
2020 $12,732 $40,914 $8,612 $32,302
2019 $14,033 $49,485 $8,612 $40,873
2018 $14,070 $44,804 $7,568 $37,236
2017 $15,197 $48,899 $7,568 $41,331
2016 $15,097 $50,854 $7,568 $43,286
2015 $14,591 $45,621 $6,524 $39,097
2014 $15,100 $47,725 $6,524 $41,201
2013 $14,021 $47,725 $6,524 $41,201
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11166275

Midwest Real Estate Data (MRED)

APN: 03-06-207-024-0000