$429,900

Estimated payment $2,955/month

3 Beds
1.5 Baths
1,607 Sq Ft
$268 Price per Sq Ft

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.

Listing Agent

Ewelina Rafael

Coldwell Banker Realty License #475176268 Listed on: 08/18/2026

Coldwell Banker Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,115

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: New
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Crawl Space, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Dry Bar, Built-in Features
  • LivingArea: 1607
  • Estimated Total Finished Sq Ft: 1607
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: None
  • Fireplace Location: Family Room
  • Total Sq Ft: 1607
  • Flooring: Laminate

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Concrete, Yes, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Middle School

Lot Info

  • Lot Dimensions: 81.2x122.6x80.7x122.7
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7115
  • Tax Year: 2024
  • Tax Exemptions: Homeowner,Senior

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Midwest Real Estate Data (MRED)

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
Source: Public Records

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: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12732765

Midwest Real Estate Data (MRED)

APN: 02-11-314-017-0000

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