NOT LISTED FOR SALE

502 S Mitchell Ave Arlington Heights, IL 60005

Estimated Value: $1,205,647 - $1,301,000

4 Beds
4.5 Baths
3,200 Sq Ft
$392/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $1,200,000 $375 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,128/month

1 Day on Market

Highlights

  • Contemporary Architecture
  • Property is near a park
  • Loft
  • Rolling Meadows High School Rated A+
  • Wood Flooring
  • Corner Lot

About This Home

As of April 2024

Welcome to this captivating newer home, a testament to modern sophistication and comfort. Imbued with designer finishes and contemporary charm, this residence welcomes you with a perfect blend of style and functionality. The seamlessly integrated open floor plan features a designer kitchen adorned with handcrafted cabinetry, quartz countertops, stainless steel appliance package, oversized island with seating and adjoining eating area. Formal entryway, in-home office with built-ins, first floor playroom/flex area, mudroom with storage and expansive great room appointed with wood beams and fireplace. Second floor boasting loft area, laundry room and generously sized bedrooms. Sprawling primary suite with luxe spa-like bathroom hosting dual vanities, soaking tub, separate shower and large walk-in closet. Deluxe full finished basement that is crafted to exceed your expectations. In-home gym, full bath with infrared sauna and steam shower, recreation room, wet bar and so much more. Backyard offers a private oasis that extends the luxury of indoor living with professionally manicured landscape, stunning blue stone patio, firepit area, outdoor kitchen and covered patio. All of this nestled in close proximity to award winning schools, downtown business district and transportation. The definition of perfection.

Last Listed By

Maria DelBoccio

@properties Christie's International Real Estate License #475146842 Listed on: 03/12/2024

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,499

Year Built

  • Built in 2021

Lot Details

  • 906 Sq Ft Lot
  • Lot Dimensions are 70 x 132
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Loft
  • Wood Flooring
  • Dormer Attic

Kitchen

  • Built-In Double Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom
  • Basement Window Egress

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Fire Pit
  • Outdoor Grill

Location

  • Property is near a park

Schools

  • Westgate Elementary School
  • South Middle School
  • Rolling Meadows High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

  • Pioneer Park Subdivision, Custom Home Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,499

Year Built

Built in 2021

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Pioneer Park
  • Year Built: 2021
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Wall Oven
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, Hardwood Floors, Second Floor Laundry, Built-in Features, Walk-In Closet(s)
  • LivingArea: 3200
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Foyer, Office, Mud Room, Loft, Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Egress Window
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Basement Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Dormer

Exterior Features

  • ExteriorFeatures: Storms/Screens, Outdoor Grill, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 1199999
  • Lot Features: Corner Lot, Fenced Yard, Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Shakes,Stone,Fiber Cement,Combination

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Zoned
  • Laundry Features: Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Westgate Elementary School
  • High School: Rolling Meadows High School
  • Middle/Junior School: South Middle School
  • Middle/Junior School District: 25

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0208
  • Lot Dimensions: 70 X 132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 1499
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Apr 18, 2024
Sold by
Reel Christian and Reel Rebecca
Bought by
Parsons Willis Gilman
Seller's Agent
Maria DelBoccio
@properties Christie's International Real Estate
Buyer's Agent
Timothy Austen
Coldwell Banker Realty
List Price
$1,199,999
Sold Price
$1,200,000
Premium/Discount to List
$1
0.0%
Total Days on Market
1
Views
84
Current Estimated Value
$1,257,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,147
Avg. Annual Appreciation
4.44%

Purchase Details

Listed on
Feb 25, 2020
Closed on
Nov 9, 2020
Sold by
Jmc Development Llc
Bought by
Reel Christian and Reel Rebecca
Seller's Agent
John DiMucci
JM Realty, L.L.C
Buyer's Agent
Holly Connors
@properties Christie's International Real Estate
List Price
$345,000
Sold Price
$300,000
Premium/Discount to List
-$45,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.81%
Original Mortgage
$233,652
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage

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
Parsons Willis Gilman $1,200,000 Proper Title
Reel Christian $300,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reel Christian $837,000
Previous Owner Reel Christian $837,000
Previous Owner Reel Christian $233,652
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $1,200,000 0.0% $375 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $1,199,999 +300.0% $375 / Sq Ft
11/19/2020 11/19/20 Sold $300,000 -13.0% --
10/11/2020 10/11/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $345,000 -- --
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 $1,499 $118,500 $10,919 $107,581
2023 $1,499 $5,687 $5,687 --
2022 $1,499 $5,687 $5,687 $0
2021 $1,712 $5,686 $5,686 $0
2020 $1,667 $5,686 $5,686 $0
2019 $1,493 $5,686 $5,686 $0
2018 $1,460 $5,004 $5,004 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12002074

Midwest Real Estate Data (MRED)

APN: 03-31-224-028-0000