1021 E Olde Virginia Rd Palatine, IL 60074
Virginia Lake Neighborhood
3
Beds
3
Baths
1,688
Sq Ft
4,792
Sq Ft Lot
Highlights
- Recreation Room
- Vaulted Ceiling
- Breakfast Bar
- Palatine High School Rated A
- Detached Garage
- Patio
About This Home
As of November 2019Spectacular 3 bdr 2.1 bath split. Vaulted ceilings in LR,DR & Kitchen! Kitchen has SS appl, Maple cabinets, granite ctrs. HW on 1st level and family room. Finished Sub Basement! New roof and siding. Newer windows on main floor and patio door. Updated lighting throughout. Private fenced yard overlooks open space and boasts newer landscaping and large patio. Walk to Palatine HS.
Last Agent to Sell the Property
Coldwell Banker Realty License #475126619 Listed on: 05/27/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,769
Year Built
- 1989
HOA Fees
- $9 per month
Parking
- Detached Garage
- Garage Transmitter
- Driveway
- Garage Is Owned
Home Design
- Tri-Level Property
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Vaulted Ceiling
- Dining Area
- Recreation Room
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Finished Basement
- English Basement
- Sub-Basement
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- Patio
- East or West Exposure
- Property is near a bus stop
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2019
Closed on
Nov 13, 2019
Sold by
Morrissey Gregory M and Morrissey Elizabeth V
Bought by
Rutzky Jason F
Seller's Agent
Steven Cohen
@properties Christie's International Real Estate
Buyer's Agent
Sophia Medesan
Medesan Realty
List Price
$299,900
Sold Price
$299,900
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
$141,055
Avg. Annual Appreciation
7.04%
Original Mortgage
$174,900
Outstanding Balance
$154,976
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$290,314
Purchase Details
Listed on
May 27, 2015
Closed on
Aug 28, 2015
Sold by
Rodewald Craig R and Rodewald Meredith
Bought by
Morrissey Gregory M and Frye Elizabeth V
Seller's Agent
Randall Brush
Coldwell Banker Realty
Buyer's Agent
Randall Brush
Coldwell Banker Realty
List Price
$294,900
Sold Price
$288,000
Premium/Discount to List
-$6,900
-2.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.96%
Original Mortgage
$244,800
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 2009
Sold by
Jain Rajeev and Jain Meenakshi
Bought by
Rodewald Craig R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,400
Interest Rate
5.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 3, 2002
Sold by
Patel Shailesh and Patel Hemali
Bought by
Jain Rajeev and Jain Meenakshi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.38%
Purchase Details
Closed on
Nov 24, 1997
Sold by
Kais Michael G and Kais Angela N
Bought by
Patel Shailesh and Patel Hemali
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.75%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | Proper Title Llc | |
| Warranty Deed | $288,000 | Cti | |
| Warranty Deed | $293,000 | Multiple | |
| Warranty Deed | $270,000 | -- | |
| Warranty Deed | $192,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $174,900 | New Conventional | |
| Previous Owner | $244,800 | New Conventional | |
| Previous Owner | $231,500 | New Conventional | |
| Previous Owner | $234,400 | New Conventional | |
| Previous Owner | $225,000 | Unknown | |
| Previous Owner | $216,000 | Unknown | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $216,000 | Unknown | |
| Previous Owner | $216,000 | No Value Available | |
| Previous Owner | $144,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/20/2019 11/20/19 | Sold | $299,900 | 0.0% | $178 / Sq Ft |
| 10/20/2019 10/20/19 | Pending | -- | -- | -- |
| 10/03/2019 10/03/19 | For Sale | $299,900 | +4.1% | $178 / Sq Ft |
| 08/28/2015 08/28/15 | Sold | $288,000 | -2.3% | $171 / Sq Ft |
| 07/03/2015 07/03/15 | Pending | -- | -- | -- |
| 05/27/2015 05/27/15 | For Sale | $294,900 | -- | $175 / 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 | $9,769 | $33,000 | $3,914 | $29,086 |
| 2023 | $9,451 | $33,000 | $3,914 | $29,086 |
| 2022 | $9,451 | $33,000 | $3,914 | $29,086 |
| 2021 | $8,086 | $24,896 | $2,446 | $22,450 |
| 2020 | $8,372 | $26,169 | $2,446 | $23,723 |
| 2019 | $7,402 | $29,240 | $2,446 | $26,794 |
| 2018 | $7,883 | $28,800 | $2,201 | $26,599 |
| 2017 | $7,752 | $28,800 | $2,201 | $26,599 |
| 2016 | $7,800 | $30,008 | $2,201 | $27,807 |
| 2015 | $6,916 | $25,133 | $1,957 | $23,176 |
| 2014 | $6,849 | $25,133 | $1,957 | $23,176 |
| 2013 | $7,154 | $26,818 | $1,957 | $24,861 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Cohen
Seller's Agent in 2019
Steven Cohen
@ Properties
(847) 732-8686
118 Total Sales
-
Sophia Medesan
S
Buyer's Agent in 2019
Sophia Medesan
Medesan Realty
(847) 219-9947
67 Total Sales
-
Randall Brush
Seller's Agent in 2015
Randall Brush
Coldwell Banker Realty
(847) 254-3300
11 in this area
309 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD08934507
APN: 02-12-313-010-0000
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