703 E Redwood Ln Arlington Heights, IL 60004
Ivy Hill NeighborhoodEstimated payment $3,958/month
Highlights
- Community Lake
- Property is near park
- Wood Flooring
- Ivy Hill Elementary School Rated A-
- Recreation Room
- Workshop
About This Home
Multiple offers received. Highest and best due Sunday, March 29, at 6 PM. Move right into this spacious home in the coveted Ivy Hill neighborhood! Upon entering, you will be greeted by a grand, light-filled foyer. That will lead to an updated kitchen, featuring sleek new appliances, a cozy breakfast room, and a spacious pantry, perfect for both everyday meals and entertaining. The main living area showcases a warm and inviting family room with a fireplace, and seamless access to a private patio overlooking a meticulously landscaped yard. Separate living and dining rooms add to the home's elegance and versatility. Upstairs, you'll find gleaming hardwood floors, and four generously sized bedrooms, including a luxurious primary suite. The suite boasts a massive walk-in closet and a spa-like en suite bathroom, creating the perfect retreat after a long day. The finished walkout basement extends your living space with endless possibilities whether it's a recreation room, office or home gym. There is also a workshop, great for any DIY projects! Recent updates, including a newer roof and furnace system, ensure peace of mind for years to come. This home is just a short stroll to multiple grocery stores, shops, restaurants, the elementary school, and scenic Lake Arlington. As a bonus, it's nestled in a top-rated school district with 10/10 ratings and feeds into Buffalo Grove High School. Schedule your tour today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,590
Year Built
- Built in 1966 | Remodeled in 2022
Lot Details
- 10,890 Sq Ft Lot
- Lot Dimensions are 141 x 84
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Parking Available
Home Design
- Split Level with Sub
- Tri-Level Property
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 2,515 Sq Ft Home
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Breakfast Room
- Formal Dining Room
- Recreation Room
- Workshop
- Utility Room with Study Area
- Pull Down Stairs to Attic
Kitchen
- Range
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Schools
- Ivy Hill Elementary School
- Thomas Middle School
- Buffalo Grove High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Patio
- Property is near park
Community Details
- Community Lake
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $9,590 | $51,000 | $12,511 | $38,489 |
| 2024 | $9,590 | $41,000 | $11,469 | $29,531 |
| 2023 | $9,187 | $41,000 | $11,469 | $29,531 |
| 2022 | $9,187 | $41,000 | $11,469 | $29,531 |
| 2021 | $8,279 | $33,498 | $6,516 | $26,982 |
| 2020 | $8,185 | $33,498 | $6,516 | $26,982 |
| 2019 | $8,184 | $37,345 | $6,516 | $30,829 |
| 2018 | $8,734 | $36,112 | $5,734 | $30,378 |
| 2017 | $8,662 | $36,112 | $5,734 | $30,378 |
| 2016 | $8,934 | $37,497 | $5,734 | $31,763 |
| 2015 | $8,405 | $32,963 | $4,952 | $28,011 |
| 2014 | $8,187 | $32,963 | $4,952 | $28,011 |
| 2013 | $7,952 | $32,963 | $4,952 | $28,011 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2026 03/31/26 | Pending | -- | -- | -- |
| 03/26/2026 03/26/26 | For Sale | $599,900 | -- | $239 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12602273
APN: 03-17-411-013-0000
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Ask me questions while you tour the home.