1017 E Olde Virginia Rd Palatine, IL 60074
Virginia Lake NeighborhoodEstimated Value: $444,000 - $476,451
4
Beds
2.5
Baths
1,900
Sq Ft
$242/Sq Ft
Est. Value
Highlights
- Property is near a park
- Recreation Room
- Traditional Architecture
- Palatine High School Rated A
- Vaulted Ceiling
- Breakfast Room
About This Home
As of March 2023EXCELENT LOCATION** 4 BED ROOM, 2.1 BATH, FINISHED BASEMENT, 2 CAR GARAGE HOUSE IN MEADOW LAKE SUBDIVISION**LIVING ROOM WITH HIGH CEILING**LARGE FAMILY ROOM WITH FIRE PLACE**RECENTLY UPDATED WITH FRESH PAINT(2022)**SIX PANEL WHITE DOORS THROUGH OUT THE HOUSE**BRAND NEW KITCHEN (2022) HAS QUARTZ COUNTER TOP AND STAIN LESS STEEL NEW APPLIANCES**BRAND NEW WATER RESISTANCE WOOD LIKE FLOOR(2022) IN LIVING ROOM, FAMILY ROOM AND DINETE AREA**ALL BATHS UPDATED 2022**NEWER ROOF, SIDINGS, SOFFIT , FACIA, WINDOWS**FINISHED BASEMENT WITH AMPLE STORAGE SPACE**HIGHLY RATED SCHOOL DISTRICT 15 & 211**OWNER FINANCE IS AVAILABLE IF DOWN PAYMENT IS 40% OR MORE**
Last Agent to Sell the Property
Provident Realty, Inc. License #475143374 Listed on: 09/11/2022
Last Buyer's Agent
Sol Ferreira
xr realty License #475195423
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,347
Year Built
- Built in 1987
Lot Details
- 4,770 Sq Ft Lot
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Traditional Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,900 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Wood Burning Fireplace
- Family Room with Fireplace
- Living Room
- Breakfast Room
- Dining Room
- Recreation Room
- Unfinished Attic
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Partially Finished Basement
- Partial Basement
- Sump Pump
Schools
- Jane Addams Elementary School
- Winston Campus-Junior High
- Palatine High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Lake Michigan Water
Additional Features
- Patio
- Property is near a park
Community Details
- Meadow Lake Subdivision
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2022
Closed on
Mar 3, 2023
Sold by
Patel Alpeshkumar J and Patel Rita A
Bought by
Gonzalez Carlly Ribeiro and Angarita Henrry E
Seller's Agent
Pranav Joshi
Provident Realty, Inc.
Buyer's Agent
Sol Ferreira
xr realty
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Total Days on Market
149
Views
195
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,613
Avg. Annual Appreciation
3.02%
Original Mortgage
$417,100
Outstanding Balance
$407,034
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$52,579
Purchase Details
Closed on
Mar 9, 2004
Sold by
Bucaro Salvatore C and Bucaro Maria N
Bought by
Patel Alpesh and Patel Rita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
5.66%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 20, 2000
Sold by
Nam Chong Yong and Nam Young S
Bought by
Bucaro Salvatore C and Bucaro Maria N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
8.18%
Similar Homes in Palatine, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gonzalez Carlly Ribeiro | $430,000 | First American Title | |
| Patel Alpesh | $311,000 | -- | |
| Bucaro Salvatore C | $228,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gonzalez Carlly Ribeiro | $417,100 | |
| Previous Owner | Patel Alpesh | $190,000 | |
| Previous Owner | Patel Alpesh | $202,000 | |
| Previous Owner | Patel Alpesh | $222,000 | |
| Previous Owner | Patel Alpesh | $225,000 | |
| Previous Owner | Patel Alpesh | $65,000 | |
| Previous Owner | Patel Alpesh | $248,800 | |
| Previous Owner | Bucaro Salvatore C | $145,000 | |
| Previous Owner | Bucaro Salvatore C | $146,000 | |
| Previous Owner | Bucaro Salvatore C | $146,000 | |
| Previous Owner | Bucaro Salvatore C | $148,000 | |
| Previous Owner | Nam Chong Yong | $107,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2023 03/06/23 | Sold | $430,000 | +1.2% | $226 / Sq Ft |
| 02/10/2023 02/10/23 | For Sale | $425,000 | -1.2% | $224 / Sq Ft |
| 02/08/2023 02/08/23 | Off Market | $430,000 | -- | -- |
| 02/08/2023 02/08/23 | Pending | -- | -- | -- |
| 01/17/2023 01/17/23 | Price Changed | $425,000 | -0.9% | $224 / Sq Ft |
| 01/04/2023 01/04/23 | For Sale | $429,000 | 0.0% | $226 / Sq Ft |
| 01/01/2023 01/01/23 | For Sale | $429,000 | -0.2% | $226 / Sq Ft |
| 12/31/2022 12/31/22 | Pending | -- | -- | -- |
| 12/29/2022 12/29/22 | Off Market | $430,000 | -- | -- |
| 11/28/2022 11/28/22 | Price Changed | $429,000 | -1.4% | $226 / Sq Ft |
| 11/16/2022 11/16/22 | Price Changed | $435,000 | -0.5% | $229 / Sq Ft |
| 10/21/2022 10/21/22 | Price Changed | $437,400 | -0.6% | $230 / Sq Ft |
| 09/11/2022 09/11/22 | For Sale | $439,900 | -- | $232 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $8,185 | $32,000 | $3,816 | $28,184 |
| 2023 | $8,185 | $32,000 | $3,816 | $28,184 |
| 2022 | $8,185 | $32,000 | $3,816 | $28,184 |
| 2021 | $7,384 | $26,066 | $2,385 | $23,681 |
| 2020 | $7,347 | $26,066 | $2,385 | $23,681 |
| 2019 | $7,369 | $29,124 | $2,385 | $26,739 |
| 2018 | $7,550 | $27,730 | $2,146 | $25,584 |
| 2017 | $8,209 | $30,300 | $2,146 | $28,154 |
| 2016 | $7,883 | $30,300 | $2,146 | $28,154 |
| 2015 | $6,034 | $22,262 | $1,908 | $20,354 |
| 2014 | $6,284 | $23,273 | $1,908 | $21,365 |
| 2013 | $7,316 | $27,367 | $1,908 | $25,459 |
Source: Public Records
Agents Affiliated with this Home
-
Pranav Joshi
P
Seller's Agent in 2023
Pranav Joshi
Provident Realty, Inc.
(630) 670-8041
1 in this area
29 Total Sales
-
Buyer's Agent in 2023
Sol Ferreira
xr realty
(312) 581-2226
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11626929
APN: 02-12-313-008-0000
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