
1018 E Meadow Lake Dr Palatine, IL 60074
Virginia Lake NeighborhoodEstimated payment $3,136/month
Highlights
- Landscaped Professionally
- Deck
- Formal Dining Room
- Palatine High School Rated A
- Wood Flooring
- Living Room
About This Home
Welcome to Your Dream Home in the Heart of Palatine. This beautifully updated 3-bedroom ranch seamlessly blends modern comfort, thoughtful upgrades, and an unbeatable location. Nestled in one of Palatine's most sought-after neighborhoods, this move-in-ready home offers a rare combination of space, style, and convenience. Step inside to discover a bright and inviting interior featuring numerous recent upgrades, including: Newer Furnace and AC (2023) * Newer Windows (2019) * Newer Roof (2020) * Newer siding (2020) * Newer Gutters (2020) * Newer Fence (2021) * Newer Deck (2020). The spacious layout flows effortlessly, ideal for both relaxing and entertaining. The fully fenced expansive backyard provides a private oasis-perfect for family gatherings, playtime, gardening, or simply enjoying the outdoors. Enjoy easy access to vibrant Downtown Palatine, just minutes away, offering premier shopping, dining, and entertainment options. Outdoor enthusiasts will love being within walking distance of Evergreen Park. Don't miss this exceptional opportunity to own a turnkey home in a prime location. Schedule your private showing today-this one won't last long!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,900
Year Built
- Built in 1986
Lot Details
- 4,861 Sq Ft Lot
- Lot Dimensions are 60 x 90
- Fenced
- Landscaped Professionally
- Paved or Partially Paved Lot
HOA Fees
- $15 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Split Level Home
- Bi-Level Home
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,600 Sq Ft Home
- Ceiling Fan
- Wood Burning Fireplace
- Window Screens
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Wood Flooring
- Unfinished Attic
- Carbon Monoxide Detectors
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Sump Pump
- Finished Basement Bathroom
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Community Details
- Meadow Lake Subdivision
Listing and Financial Details
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,900 | $30,000 | $3,888 | $26,112 |
2023 | $7,613 | $30,000 | $3,888 | $26,112 |
2022 | $7,613 | $30,000 | $3,888 | $26,112 |
2021 | $8,271 | $25,466 | $2,430 | $23,036 |
2020 | $8,147 | $25,466 | $2,430 | $23,036 |
2019 | $7,177 | $28,454 | $2,430 | $26,024 |
2018 | $7,221 | $26,671 | $2,187 | $24,484 |
2017 | $7,103 | $26,671 | $2,187 | $24,484 |
2016 | $6,854 | $26,671 | $2,187 | $24,484 |
2015 | $6,264 | $23,011 | $1,944 | $21,067 |
2014 | $6,205 | $23,011 | $1,944 | $21,067 |
2013 | $6,028 | $23,011 | $1,944 | $21,067 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/07/2025 08/07/25 | For Sale | $449,900 | +50.0% | $281 / Sq Ft |
07/01/2019 07/01/19 | Sold | $300,000 | 0.0% | $188 / Sq Ft |
05/22/2019 05/22/19 | Pending | -- | -- | -- |
05/21/2019 05/21/19 | For Sale | $300,000 | +43.2% | $188 / Sq Ft |
10/19/2012 10/19/12 | Sold | $209,500 | -8.9% | $131 / Sq Ft |
08/30/2012 08/30/12 | Pending | -- | -- | -- |
08/22/2012 08/22/12 | Price Changed | $229,900 | -4.2% | $144 / Sq Ft |
08/01/2012 08/01/12 | For Sale | $239,900 | -- | $150 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $300,000 | Baird & Warner Ttl Svcs Inc | |
Warranty Deed | $209,500 | None Available | |
Interfamily Deed Transfer | $80,000 | Lawyers Title Insurance Corp | |
Deed | $250,000 | Lawyers Title Insurance Corp | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- | |
Warranty Deed | $175,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $285,000 | New Conventional | |
Previous Owner | $188,550 | New Conventional | |
Previous Owner | $180,000 | New Conventional | |
Previous Owner | $123,000 | Credit Line Revolving | |
Previous Owner | $200,000 | Unknown | |
Previous Owner | $200,000 | Unknown | |
Previous Owner | $63,000 | Purchase Money Mortgage | |
Previous Owner | $200,000 | No Value Available | |
Previous Owner | $113,750 | No Value Available | |
Previous Owner | $115,000 | No Value Available |
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Source: Midwest Real Estate Data (MRED)
MLS Number: 12437401

APN: 02-12-315-023-0000
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