Seller's Agent in 2024
Sarah Anderson
@ Properties
(847) 797-0200
1 in this area
85 Total Sales
1059 E Flake Dr Palatine, IL 60074
Winston Park NeighborhoodEstimated Value: $423,000 - $450,000
4
Beds
1.5
Baths
2,049
Sq Ft
$210/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Sun or Florida Room
- Laundry Room
- Winston Campus Elementary School Rated A-
- 2.5 Car Detached Garage
- Storage Room
About This Home
As of December 2024This Winston Park home is ready for its new owners! Step into the inviting foyer and you'll be greeted with plenty of natural light and space to live/entertain! Upstairs (third level) you'll find 3 bedrooms with a full bath. The primary bedroom contains not one, but TWO walk-in closets. All the bedrooms and hallways contain hardwood floors. The second level has a huge living room with recently re-finished hardwood floors and a great picture view out front. The renovated kitchen in 2020 boasts quartz countertops, white cabinets, and gleaming SS appliances. The kitchen wall was opened up to the dining room during the renovation; perfect for friends and family gatherings. On the main level you'll find a huge family room and added sunroom with plenty of windows and skylight to bring in all the sunshine you desire. The main level also features a 4th bedroom (converted) with lots of closet space. Many updates to the home include: new siding 2020, new kitchen 2020, half bath completely re-done 2021, re-finished hardwood floors living/dining 2019. The over-sized 2.5 detached garage gives you room for cars and the extra storage you desire. A great backyard perfect for a playset, entertaining, and hanging out. Such a cute neighborhood and so close to downtown Palatine, schools, highways, and shopping! Check it out!
Last Agent to Sell the Property
@properties Christie?s International Real Estate License #475197853 Listed on: 11/05/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,196
Year Built
- Built in 1963
Lot Details
- 9,191
Parking
- 2.5 Car Detached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Split Level Home
Interior Spaces
- 2,049 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Sun or Florida Room
- Storage Room
- Laundry Room
- Crawl Space
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Schools
- Jane Addams Elementary School
- Winston Campus Middle School
- Palatine High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2024
Closed on
Dec 5, 2024
Sold by
Nelson Michael D and Nelson Amy K
Bought by
Frank Rachel
Seller's Agent
Sarah Anderson
@properties Christie?s International Real Estate
Buyer's Agent
Kevin Baum
@properties Christie's International Real Estate
List Price
$399,900
Sold Price
$399,900
Views
30
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
$30,872
Avg. Annual Appreciation
7.49%
Original Mortgage
$319,920
Outstanding Balance
$317,310
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$113,462
Purchase Details
Closed on
Mar 24, 2000
Sold by
Meyer Robert J and Meyer Sharon L
Bought by
Nelson Michael D and Nelson Amy K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Interest Rate
8.25%
Purchase Details
Closed on
Nov 9, 1994
Sold by
Harris Bank Barrington National Assn
Bought by
Meyer Robert J and Meyer 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
$167,100
Interest Rate
8.91%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frank Rachel | $400,000 | None Listed On Document | |
| Nelson Michael D | $201,500 | -- | |
| Meyer Robert J | $176,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frank Rachel | $319,920 | |
| Previous Owner | Nelson Michael D | $183,500 | |
| Previous Owner | Meyer Robert J | $167,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2024 12/09/24 | Sold | $399,900 | 0.0% | $195 / Sq Ft |
| 11/09/2024 11/09/24 | Pending | -- | -- | -- |
| 11/05/2024 11/05/24 | For Sale | $399,900 | -- | $195 / 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 | $8,196 | $31,000 | $7,344 | $23,656 |
| 2023 | $7,899 | $31,000 | $7,344 | $23,656 |
| 2022 | $7,899 | $31,000 | $7,344 | $23,656 |
| 2021 | $7,304 | $25,821 | $4,590 | $21,231 |
| 2020 | $7,268 | $25,821 | $4,590 | $21,231 |
| 2019 | $7,291 | $28,851 | $4,590 | $24,261 |
| 2018 | $7,558 | $27,756 | $4,131 | $23,625 |
| 2017 | $7,434 | $27,756 | $4,131 | $23,625 |
| 2016 | $7,162 | $27,756 | $4,131 | $23,625 |
| 2015 | $6,605 | $24,120 | $3,672 | $20,448 |
| 2014 | $6,541 | $24,120 | $3,672 | $20,448 |
| 2013 | $6,356 | $24,120 | $3,672 | $20,448 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Anderson
-
Kevin Baum
Buyer's Agent in 2024
Kevin Baum
@ Properties
(847) 381-0300
1 in this area
35 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12203817
APN: 02-13-312-011-0000
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