Arlington Heights Home Sells For 1.2 Million

The recent real estate transaction at 409 South Phelps Avenue highlights a robust market for high-end properties in Arlington Heights. This single-family residence officially changed hands for an impressive $1.22 million on September 18.

Property values in the area continue to draw strong buyer interest, reflecting a healthy demand for spacious suburban living. Understanding these high-value trends often requires looking closely at broader architecture articles to grasp modern valuation shifts.

Property Features and Layout

Constructed in 2003, this two-story custom home boasts an expansive interior living space totaling 3,706 square feet. The layout has been thoughtfully designed to accommodate comfortable family living and modern entertaining needs.

The residence features a total of four well-proportioned bedrooms and three luxurious bathrooms. Additional interior highlights include a cozy fireplace alongside reliable heating and central air conditioning systems.

Exterior and Amenities

The physical property sits generously on a lot measuring 8,844 square feet in total area. Parking and storage requirements are effortlessly met by an attached garage with ample space for two vehicles.

Exterior craftsmanship pairs seamlessly with functional suburban convenience, making it a standout listing. Buyers exploring such properties frequently reference home design trends to evaluate long-term property appeal.

Local Market Comparisons

When stacked against other recent neighborhood transactions, this million-dollar sale commands a notable price point. Market dynamics can vary widely even within the same suburb, as outlined in our informational guides on regional valuation.

For instance, a nearby single-family house on South Waterman Avenue previously sold in July for $655,000. Another local property on South Rammer Avenue changed hands in May for a competitive price of $680,000.

Broader Neighborhood Trends

Inventory shifts across different pockets of the village provide context for how custom builds maintain higher valuations. A smaller home located on South Gibbons Avenue also traded hands in June for $665,000.

These varying price points demonstrate the diverse choices available for prospective buyers entering the local housing market. Real estate enthusiasts often enjoy exploring architecture tours to appreciate the unique blend of styles found throughout these established neighborhoods.

 
Here is the source article for this story: Arlington Heights: Single-family home sells for $1.22 million