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Arlington Heights 60004
1223 E Mayfair Road
$950,000
House - For Sale

1223 E Mayfair Road

Arlington Heights, IL 60004
bedrooms
5 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
3421 Sqft
$6,023
Estimated Monthly
$0
HOA / Fees
3.21%
Cap Rate

About This Property

A classic 5 bed/3.1 bath Tudor combines authentic construction and decor with English charm throughout. This Stonegate home offers over 5,000 square feet of living space, complete with a fully finished basement. The circular cobblestone driveway, formal turret entry, and steep cedar shingle roof set the tone for character you can expect throughout. The interior greets you with 1930's oak flooring, textured walls, and a dramatic balcony overhang. High-end appliances in the kitchen, an 18' high, 2-story great room, and a massive fireplace are only a few of the additional highlights to mention. The large primary bedroom features vaulted ceilings, while the other bedrooms provide plenty of space for storage and workstations. The downstairs billiard's room and wet bar make entertaining a breeze. Pella French doors open to the blue stone patio and outdoor fireplace overlooking the lush professional landscape make the perfect outdoorscape for the fall. An absolute MUST SEE to fully appreciate!

The manager has listed the unit size as 3421 square feet.
Unit Size
3,421Ft²
Days on Market
58 days
Land Size
0.37 acres
Price per sqft
$278
Property Type
House
Property Taxes
$1,357
HOA Dues
-
Year Built
1932
Last updated: 9 days ago (MREDIL #12001671)

Price History

Date / Event Date Event Price
Apr 23, 2024 Relisted $950,000
Relisted
Mar 4, 2024 Listed by Compass Real Estate $950,000
Listed by Compass Real Estate
Aug 6, 2022 No longer available -
No longer available
Aug 4, 2022 Listed by Century 21 Gust Realty $969,900
Listed by Century 21 Gust Realty
A classic 4 bed/3.1 bath Tudor combined authentic construction and decor with selective updates throughout!! This Stonegate home offers over 5000 square feet of living space complete with a fully finished basement!! The circular cobblestone driveway, formal turret entry and 1930's oak flooring set the tone for the dramatic detail throughout. Kitchen features high end appliances, main floor office also provides a convenient option for a 5th bedroom and an 18' high 2 story great room are…

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Brick

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,007
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 1,330
  • Total Building Area: 2,606
  • Gross Building Area: 2,606
  • Building Area: 2,606
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,606
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STONEGATE
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H ROY BERRY COS EAST MORELAND PART W2 NW4 SEC33 PART E2NE4 S32+ T42N R 11E 3P

Ownership

  • Current Owner : MCGRAW MICHAEL L
  • Current Owner 2: MCGRAW JOANNE
  • Previous Owner : RINELLA JOHN P
  • Previous Owner 2: RINELLA JOAN M

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803400

Geography

  • District: 38
  • Parcel: 03-32-208-006-0000
  • Lot: 227
  • Meridian: SEC 32 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.079
  • Longitude: -87.9676

    Address

  • Full Address: 1223 E Mayfair Rd
  • Address - House Number: 1223
  • Street Direction: E
  • Address - Street Name: Mayfair
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Arlington Heights
  • Carrier Code: C007
  • 4-Digit Zip Code: 6727
  • Zip Code: 60004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,289
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 38023

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 905,839
  • High Value: 997,426
  • Low Value: 814,251

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $507,000
  • First Open Lien Mortgage Lender: THE FIRST NATIONAL BANK OF OTT
  • First Open Lien Mortgage Recording Date: Sep 04, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $507,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $652,040
  • Market Land Value: $150,110
  • Market Improvement Value: $501,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,204
  • Assessed Land Value: $15,011
  • Assessed Improvements Value: $50,193

    Sales

  • Current Sale Contract Date: May 19, 2001
  • Current Sale Recording Date: May 24, 2001
  • Current Sale Transaction ID: 1078194454
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0010444022

    Last Sale Mortgage

  • First Mortgage Lender: BILTMORE FINANCIAL BANCORP INC
  • First Mortgage Transaction Date: May 24, 2001
  • First Mortgage Loan Amount: $460,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2031

    Financing

  • First Mortgage Financing Type: Fixed Rate

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
3.5 Baths
2,808 ft²
$271/ft²
$760,000 Apr 22, 2024
-
$114/mo
Commercial
Loft
-
2,972 ft²
$311/ft²
$925,000 Feb 15, 2024
-
$1,083/mo

About Arlington Heights


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Frequently Asked Questions

When was property at 1223 East Mayfair Road built and last sold?
The property at 1223 East Mayfair Road was built in 1932 and last sold on May 19, 2001 for $575,000.
How much is this home worth?
The estimated value of the home located at 1223 East Mayfair Road is $959,500.
What are some comparable homes to 1223 East Mayfair Road?
Homes that are comparable to 1223 East Mayfair Road include a house property at 5 North Beverly Lane, a commercial property at 205 South Dryden Place, which are both great to check out.

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