Seller's Agent in 2022
Daniel Drake
@ Properties
(847) 347-3484
4 in this area
171 Total Sales
1108 W Wilson St Palatine, IL 60067
Estimated Value: $808,000 - $871,000
5
Beds
3.5
Baths
3,900
Sq Ft
$212/Sq Ft
Est. Value
Highlights
- Home Theater
- Deck
- Living Room with Fireplace
- Thomas Jefferson Elementary School Rated A-
- Property is near a park
- Recreation Room
About This Home
As of April 2022Priced just reduced to $675K! Welcome home to one of Palatine's most sought after subdivisions. Located just walking distance to Marion Jordan Elementary, these original owners hate to say goodbye. Originally built by School District 211 in 2007, this 5 bedroom with 3 full and 1 half bath is one of the only properties in the Fremd High School district with a full walk out basement!! Walk in and be instantly amazed at the tall ceilings and tons of natural light. The spacious Living Room with new recessed lights and natural hardwood along with the first of two fireplaces leads perfectly into the Large Kitchen that even a chef would envy. Oversized Maple cabinets and granite countertops along with separate Island in addition to all newer appliances just a few years old. Separate Dining Room and Office/Main Level bedroom adorn the Main Level. Natural Hardwood Floors throughout the First Floor. The Second Floor consist of 5 large bedrooms in total all with brand new carpeting, oversized closets and ceiling fans! Charming Master Bedroom with large walk in closet and en suite with separate Shower. And to top it off a full Finished Basement completed in 2010 with wall to wall windows, wet bar perfect for entertaining friends and family, loads of recessed lighting and in-home sound system! Basement is complete with a Full Bathroom and Recreation Room with the second fireplace. The Backyard is an Oasis with a two tiered decked, pavered patio and walk way that overlooks Salt Creek. Recent updates include: Whole House Interior Paint and Brand new carpet 2021, Furnace 2019, Water Heater 2018, Landscaping 2018, Shed 2014, Deck and Patio 2010, Finished Basement 2010. Located walking distance to Marion Jordan and near all the retail, restaurants and more that Palatine has to offer. Walking Distance to Palatine Train Station and Downtown Palatine. Original Owner purchased in 2006 for $653k but has since put in over well over $100k of upgrades!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475132677 Listed on: 01/19/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,667
Year Built
- Built in 2007
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 110 x 141 x 109 x 142
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Traditional Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,900 Sq Ft Home
- 2-Story Property
- Wet Bar
- Bar
- Ceiling Fan
- Fireplace With Gas Starter
- Entrance Foyer
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Home Theater
- Home Office
- Recreation Room
- Wood Flooring
- Unfinished Attic
Kitchen
- Built-In Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Fireplace in Basement
- Finished Basement Bathroom
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Outdoor Features
- Stream or River on Lot
- Deck
- Patio
Location
- Property is near a park
Schools
- Marion Jordan Elementary School
- Walter R Sundling Junior High Sc
- Wm Fremd High School
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2022
Closed on
Apr 18, 2022
Sold by
Sakthi Nirmala J and Sakthi Palani
Bought by
Bacos Daniel J and Malone Megan A
Seller's Agent
Daniel Drake
@properties Christie's International Real Estate
Buyer's Agent
Krissy Polk-Viox
Baird & Warner
List Price
$675,000
Sold Price
$662,500
Premium/Discount to List
-$12,500
-1.85%
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
$163,502
Avg. Annual Appreciation
6.41%
Original Mortgage
$530,000
Outstanding Balance
$497,840
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$328,162
Purchase Details
Listed on
Jan 19, 2022
Closed on
Apr 6, 2022
Sold by
Sakthi Nirmala J and Sakthi Palani
Bought by
Bacos Daniel J and Malone Megan A
Seller's Agent
Daniel Drake
@properties Christie's International Real Estate
Buyer's Agent
Krissy Polk-Viox
Baird & Warner
List Price
$675,000
Sold Price
$662,500
Premium/Discount to List
-$12,500
-1.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Outstanding Balance
$497,840
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$328,162
Purchase Details
Closed on
Mar 28, 2012
Sold by
Sakthi Nirmala
Bought by
Palani Sakthi Nirmala J and Palani Sakthi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 5, 2011
Sold by
Palani Sakthi and Sakthi Nirmala
Bought by
Nirmala Sakthi Living Trust
Purchase Details
Closed on
Sep 13, 2006
Sold by
The Board Of Education Of Township High
Bought by
Palani Sakthi and Jagadeesan Nimala
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.49%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Bacos Daniel J | $662,500 | -- | |
| Bacos Daniel J | $662,500 | -- | |
| Palani Sakthi Nirmala J | -- | Cti | |
| Nirmala Sakthi Living Trust | -- | None Available | |
| Palani Sakthi | -- | Pntn |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bacos Daniel J | $530,000 | |
| Previous Owner | Palani Sakthi Nirmala J | $309,000 | |
| Previous Owner | Palani Sakthi | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/11/2022 04/11/22 | Sold | $662,500 | -1.9% | $170 / Sq Ft |
| 03/09/2022 03/09/22 | Pending | -- | -- | -- |
| 01/19/2022 01/19/22 | For Sale | $675,000 | -- | $173 / 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 | $14,984 | $53,928 | $9,336 | $44,592 |
| 2023 | $15,204 | $53,928 | $9,336 | $44,592 |
| 2022 | $15,204 | $56,506 | $9,336 | $47,170 |
| 2021 | $12,785 | $42,697 | $5,446 | $37,251 |
| 2020 | $12,667 | $42,697 | $5,446 | $37,251 |
| 2019 | $12,652 | $47,547 | $5,446 | $42,101 |
| 2018 | $13,596 | $47,186 | $5,057 | $42,129 |
| 2017 | $13,358 | $47,186 | $5,057 | $42,129 |
| 2016 | $13,150 | $48,876 | $5,057 | $43,819 |
| 2015 | $12,226 | $42,416 | $4,668 | $37,748 |
| 2014 | $13,676 | $47,628 | $4,668 | $42,960 |
| 2013 | $14,086 | $47,628 | $4,668 | $42,960 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Drake
-
Krissy Polk-Viox
K
Buyer's Agent in 2022
Krissy Polk-Viox
Baird Warner
(847) 343-0968
14 in this area
34 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11306906
APN: 02-16-405-018-0000
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