NOT LISTED FOR SALE

Estimated Value: $592,000 - $639,000

5 Beds
2.5 Baths
2,600 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $580,000 $223 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,202/month

10 Days on Market

Highlights

  • Spa
  • Deck
  • Recreation Room
  • Palatine High School Rated A
  • Property is near a park
  • 1-minute walk to Sycamore Park

About This Home

As of August 2024

This beautiful 5 bedroom home, located in the Spinnaker Cove community, offers a warm welcome as you step into the inviting foyer. The spacious living room with south facing windows is bathed in natural sunlight, highlighting the stunning hardwood floors that flow seamlessly into the separate dining room, perfect for more formal gatherings. The kitchen is a chef's dream with plenty of white cabinets, abundant counter space, and an island for additional seating and storage. The open concept layout, along with an eat-in kitchen area, makes this space ideal for entertaining. The family room features a charming stone fireplace, more hardwood floors, and easy access to the backyard. Outside, you'll find a backyard oasis with an above ground pool (3.5-5.5 feet deep), expansive wrap-around deck for ample seating, and a large hot tub-a perfect setting for endless summer days and nights. Back inside, the main level is completed with a convenient mudroom/laundry combo off the garage and a half bath. As you make your way to the 2nd level, you'll find four nicely sized bedrooms, each with organized closet systems. The primary suite boasts a large walk-in organized closet and an updated full bathroom with jacuzzi tub ('14). An additional full bathroom with a double vanity and floor to ceiling tiled walk-in shower services the other bedrooms on this level. The full finished basement adds even more livable square footage to this already spacious home, offering a dry bar, recreation room, game room, and ample storage space. Additional updates include: furnace ('21), AC ('21), roof ('10), all windows are double insulated, yard sprinkler system, whole house fan. Steps to schools, parks, close access to 53 and downtown Palatine offering Metra access, shopping, dining, nightlife and more! This home offers a perfect blend of convenience and comfort.

Last Agent to Sell the Property

Amy Diamond

@properties Christie?s International Real Estate License #475126552 Listed on: 07/18/2024

@properties Christie?s International Real Estate

Last Buyer's Agent

Lauren Green

Baird & Warner License #475188321

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,748

Year Built

  • Built in 1972

Lot Details

  • 10,062 Sq Ft Lot
  • Lot Dimensions are 85x131x65x120
  • Fenced Yard
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Formal Dining Room
  • Recreation Room
  • Game Room
  • Storage Room
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Pool

  • Spa
  • Above Ground Pool

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a park

Schools

  • Jane Addams Elementary School
  • Winston Campus Middle School
  • Palatine High School

Utilities

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

Community Details

  • Spinnaker Cove Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,748

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Spinnaker Cove
  • Year Built: 1972
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Walk-In Closet(s)
  • LivingArea: 2600
  • Other Equipment: Sump Pump, Sprinkler-Lawn
  • Room Type: Bedroom 5, Eating Area, Recreation Room, Game Room, Foyer, Storage
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Patio, Hot Tub, Above Ground Pool, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Park Adjacent
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

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
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Jane Addams Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Winston Campus Middle School

Lot Info

  • Lot Size Acres: 0.231
  • Lot Dimensions: 85X131X65X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11748.36
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Aug 17, 2024
Sold by
Martino Louis J and Martino Sharon L
Bought by
Imbordino Timothy and Imbordino Nina F
Seller's Agent
Amy Diamond
@properties Christie?s International Real Estate
Buyer's Agent
Lauren Green
Baird & Warner
List Price
$599,000
Sold Price
$580,000
Premium/Discount to List
-$19,000
-3.17%
Views
19
Current Estimated Value
$615,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,306
Avg. Annual Appreciation
4.61%
Original Mortgage
$464,000
Outstanding Balance
$458,503
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$156,803

Purchase Details

Closed on
Aug 31, 2006
Sold by
Tonne August R and Tonne Vigdis J
Bought by
Martino Louis J and Martino Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.49%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Imbordino Timothy $580,000 Chicago Title
Martino Louis J $555,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Imbordino Timothy $464,000
Previous Owner Martino Louis J $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $580,000 -3.2% $223 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $599,000 -- $230 / 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 $11,748 $43,000 $6,801 $36,199
2023 $11,336 $43,000 $6,801 $36,199
2022 $11,336 $43,000 $6,801 $36,199
2021 $10,374 $35,272 $6,296 $28,976
2020 $10,292 $35,272 $6,296 $28,976
2019 $10,319 $39,410 $6,296 $33,114
2018 $11,204 $39,489 $5,793 $33,696
2017 $11,011 $39,489 $5,793 $33,696
2016 $10,887 $40,893 $5,793 $35,100
2015 $10,094 $35,475 $5,289 $30,186
2014 $9,988 $35,475 $5,289 $30,186
2013 $9,714 $35,475 $5,289 $30,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12112574

Midwest Real Estate Data (MRED)

APN: 02-12-309-021-0000