1017 N Timberlea Dr Palatine, IL 60067
Pepper Tree NeighborhoodEstimated payment $2,955/month
Highlights
- 2 Car Attached Garage
- Bar
- Laundry Room
- Built-In Features
- Living Room
- Forced Air Heating and Cooling System
About This Home
Offered for the very first time since it was built, 1017 Timberlea Drive is a three-bedroom, one-and-a-half-bath Palatine tri-level where thoughtful updates meet some seriously good original character. Step inside to a bright formal living room and a beautifully updated kitchen, refreshed in 2022 with new cabinetry, countertops, a graphic patterned tile backsplash, dishwasher and microwave. Patio doors open directly to the backyard and a multi-level deck that was completely rebuilt in 2017, creating a natural extension of the main living space for morning coffee, summer dinners and evenings outside. Mature landscaping, including beautiful established hydrangeas, surrounds the space, while a full irrigation system added as part of the 2020 landscape improvements keeps everything looking its best. Just a few steps up, the bedroom level offers three bedrooms, including the primary, an updated full bath, generous closet space and a separate linen closet. Downstairs, the home leans into its 1970s roots in all the right ways. The oversized family room is anchored by a dramatic original stone fireplace with substantial natural stonework that gives the entire room warmth, texture and unmistakable personality. Around the corner, a separate dedicated bar room has retained its original retro character, an unexpected and incredibly fun space for entertaining. A half bath and separate laundry and utility room complete the lower level. Important improvements include HVAC replaced in 2020, roof approximately nine years old, garage door replaced in 2022, washer and dryer approximately four years old, and a whole-house Generac generator for added peace of mind. An attached one-car garage, concrete driveway and concrete side walkways round out the property. And then there is the location: Lincoln Elementary is right within the neighborhood and within walking distance, while Deer Grove Forest Preserve, Palatine Park District parks and recreation, downtown Palatine's restaurants and shops, and the Metra station are all just minutes away. After more than five decades with its original owner, 1017 Timberlea is ready for its next chapter, bringing together meaningful updates, a beautiful backyard setting and the kind of authentic vintage character that can't simply be added later. Property is being conveyed as-is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,115
Year Built
- Built in 1971
Lot Details
- Lot Dimensions are 81.2x122.6x80.7x122.7
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,607 Sq Ft Home
- 1.5-Story Property
- Built-In Features
- Bar
- Dry Bar
- Family Room with Fireplace
- Living Room
- Dining Room
- Laminate Flooring
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Schools
- Lincoln Elementary School
- Walter R Sundling Middle School
- Palatine High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,115 | $36,000 | $9,540 | $26,460 |
| 2024 | $7,115 | $30,000 | $8,034 | $21,966 |
| 2023 | $6,829 | $30,000 | $8,034 | $21,966 |
| 2022 | $6,829 | $30,000 | $8,034 | $21,966 |
| 2021 | $6,488 | $25,971 | $5,021 | $20,950 |
| 2020 | $5,759 | $25,971 | $5,021 | $20,950 |
| 2019 | $6,552 | $29,018 | $5,021 | $23,997 |
| 2018 | $5,759 | $24,715 | $4,518 | $20,197 |
| 2017 | $5,683 | $24,715 | $4,518 | $20,197 |
| 2016 | $5,592 | $24,715 | $4,518 | $20,197 |
| 2015 | $4,797 | $20,859 | $4,016 | $16,843 |
| 2014 | $4,772 | $20,859 | $4,016 | $16,843 |
| 2013 | $4,614 | $20,859 | $4,016 | $16,843 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/18/2026 08/18/26 | For Sale | $429,900 | -- | $268 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $182,500 | New Conventional | |
| Previous Owner | $176,000 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12732765
APN: 02-11-314-017-0000
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Ask me questions while you tour the home.