NOT LISTED FOR SALE

1041 N Penny Ln Palatine, IL 60067

Baldwin Neighborhood

Estimated Value: $584,000 - $669,000

4 Beds
3 Baths
2,558 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 15, 2015

Last sale price $373,000 $146 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,355/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Cul-De-Sac
  • Palatine High School Rated A
  • Walk-In Pantry
  • Attached Garage

About This Home

As of October 2015

Nothing to Do but Move In! Interior Features Include White Trim and 6-Paneled Doors, Gleaming Hardwood Floors, Eat-in Kitchen with an Abundance of Solid Oak Cabinetry, Center Island, Desk, and Counter Space Galore! Kitchen Opens to Family Room ~ Perfect Floorplan for Entertaining! Family Room Features Cozy Brick Fireplace and Lots of Windows, Allowing for Tons of Natural Light! Sliding Glass Door Opens to Large Backyard! 4 Spacious Bedrooms with Generous Closets! Master Bedroom Includes Vaulted Ceilings and Private Bathroom with Double Sinks, Huge Soaker Tub, and Separate Shower! Great Location ~ Close to Shopping and Restaurants! This One Won't Last!

Last Agent to Sell the Property

Sarah Leonard

Legacy Properties, A Sarah Leonard Company, LLC License #475122634 Listed on: 08/27/2015

Last Buyer's Agent

Pankitkumar Bhalodia

Core Realty & Investments Inc. License #475155704

Core Realty & Investments Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,602

Year Built

  • 2001

Lot Details

  • Cul-De-Sac

HOA Fees

  • $10 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,602

Year Built

2001

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 2001
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, CO Detectors, Sump Pump
  • Fireplace Details: Wood Burning, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2558
  • Dining Room Type: Separate
  • Family Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Storms/Screens
  • Acreage: 0.33

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 120
  • Management Contact Name: .
  • Management Phone: 847-459-0000

Fee Information

  • Management Company: Liebermann Management

Schools

  • School District: 211
  • Elementary School: STUART R PADDOCK SCHOOL
  • Middle School: WALTER R SUNDLING JUNIOR HIGH SC
  • High School: PALATINE HIGH SCHOOL
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 14183SQFT
  • Lot Description: Cul-de-sac
  • Parcel Identification Number: 02093060250000

Tax Info

  • Taxes: 10923

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2015
Closed on
Oct 3, 2015
Sold by
Guo Zhigi and Zeng Kefei
Bought by
Virdi Manohar and Virdi Payal
Seller's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
Buyer's Agent
Pankitkumar Bhalodia
Core Realty & Investments Inc.
List Price
$375,000
Sold Price
$373,000
Premium/Discount to List
-$2,000
-0.53%
Current Estimated Value
$637,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,067
Avg. Annual Appreciation
5.52%
Original Mortgage
$275,000
Outstanding Balance
$216,294
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$420,773

Purchase Details

Closed on
Dec 1, 2001
Sold by
Concord Mills Estates Llc
Bought by
Guo Zhiqi and Zeng Kefei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Virdi Manohar $373,000 Ct
Guo Zhiqi $400,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virdi Manohar $275,000
Previous Owner Guo Zhiqi $300,700
Closed Guo Zhiqi $19,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2015 10/15/15 Sold $373,000 -0.5% $146 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $375,000 -- $147 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $11,602 $42,506 $8,510 $33,996
2023 $11,194 $42,506 $8,510 $33,996
2022 $11,194 $42,506 $8,510 $33,996
2021 $10,644 $36,104 $4,964 $31,140
2020 $10,558 $36,104 $4,964 $31,140
2019 $10,547 $40,205 $4,964 $35,241
2018 $10,524 $37,300 $4,609 $32,691
2017 $10,343 $37,300 $4,609 $32,691
2016 $9,868 $37,300 $4,609 $32,691
2015 $11,041 $38,557 $4,254 $34,303
2014 $10,923 $38,557 $4,254 $34,303
2013 $10,626 $38,557 $4,254 $34,303
Source: Public Records

Agents Affiliated with this Home

  • Sarah Leonard

    Seller's Agent in 2015

    Sarah Leonard

    Legacy Properties, A Sarah Leonard Company, LLC

    (224) 239-3966

    9 in this area

    2,745 Total Sales

    Sarah Leonard
    Section Image
  • Pankitkumar Bhalodia

    Buyer's Agent in 2015

    Pankitkumar Bhalodia

    Core Realty & Investments Inc.

    (312) 316-2115

    2 Total Sales

    Pankitkumar Bhalodia
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09024662

Midwest Real Estate Data (MRED)

APN: 02-09-306-025-0000

Illinois Cook County Palatine 60067 Baldwin

1041 N Penny Ln, Palatine, IL

This home is located at 1041 N Penny Ln, Palatine, IL 60067 since 27 August 2015 and is currently estimated at $637,067, approximately $249 per square foot. This property was built in 2001. 1041 N Penny Ln is a home located in Cook County with nearby schools including Stuart R Paddock School, Walter R. Sundling Junior High School, and Palatine High School.

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