NOT LISTED FOR SALE

1117 E Carpenter Dr Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $562,300 - $597,000

4 Beds
3 Baths
2,487 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 16, 2024

Last sale price $527,500 $212 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,786/month

About This Home

This amazing property has always been a favorite in Palatine. Located in the sought after subdivision of Spinnacker Cove this home has it all. The spacious living room opens to a well appointed dinning room. The huge kitchen and adjoining breakfast area over looks the family room and sunroom. The view to the beautiful in-ground pool is unsurpassed, all across the rear of the home. The Primary Bedroom overlooks the backyard pool and patiio, via the private balcony. Look at all the amenities: expansive paver brick patio, portico, covered eating area, fenced in backyard, polymer garage floor, underground sprinkler system, and so much more. Now see what's new: Roof, gutters, and electric sky lights 2024, new sump pump amd Watchdog back up sump 2024, and new washer and dryer 2024. Plus newer windows and AC. This home has been lovingly cared for and has many custom treatments. Relax in your resort like home sanctuary. Close to shopping, entertainment, and only four doors from Sycamore Park and their Pickle Ball courts! Don't delay here is your chance to own a little bit of heaven right here in Palatine.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Dec 23, 2024
Sold by
Stamo Evtimov Living Trust and Evtimov Stavo
Bought by
Stamo Evtimov Living Trust and Evtimov
Seller's Agent
Sandra Bobus
Coldwell Banker Realty
Buyer's Agent
Nikolay Babev
eXp Realty
List Price
$570,000
Sold Price
$527,500
Premium/Discount to List
-$42,500
-7.46%
Views
109
Current Estimated Value
$571,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,375
Avg. Annual Appreciation
8.85%
Original Mortgage
$275,000
Interest Rate
7.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2024
Closed on
Dec 13, 2024
Sold by
Dunne James P and Dunne Judith A
Bought by
Stamo Evtimov Living Trust and Evtimov
Seller's Agent
Sandra Bobus
Coldwell Banker Realty
Buyer's Agent
Nikolay Babev
eXp Realty
List Price
$570,000
Sold Price
$527,500
Premium/Discount to List
-$42,500
-7.46%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2019
Sold by
Chicago Title Land Trust Company
Bought by
Dunne James P and Dunne Judith A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Stamo Evtimov Living Trust -- None Listed On Document
Stamo Evtimov Living Trust $527,500 Burnet Title
Stamo Evtimov Living Trust $527,500 Burnet Title
Dunne James P -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stamo Evtimov Living Trust $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2024 12/16/24 Sold $527,500 -5.8% $212 / Sq Ft View Prior Sale
10/26/2024 10/26/24 Pending -- -- --
10/03/2024 10/03/24 Price Changed $560,000 -1.8% $225 / Sq Ft
09/11/2024 09/11/24 For Sale $570,000 -- $229 / Sq Ft

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
2025 $9,905 $55,000 $7,200 $47,800
2024 $9,905 $38,804 $6,075 $32,729
2023 $9,529 $39,426 $6,075 $33,351
2022 $9,529 $39,426 $6,075 $33,351
2021 $8,555 $32,335 $5,625 $26,710
2020 $8,558 $32,335 $5,625 $26,710
2019 $9,220 $38,321 $5,625 $32,696
2018 $9,649 $37,232 $5,175 $32,057
2017 $9,863 $38,426 $5,175 $33,251
2016 $10,210 $40,291 $5,175 $35,116
2015 $9,979 $36,976 $4,725 $32,251
2014 $9,886 $36,976 $4,725 $32,251
2013 $10,936 $36,976 $4,725 $32,251
Source: Public Records

Agents Affiliated with this Home

  • Sandra Bobus

    Seller's Agent in 2024

    Sandra Bobus

    Coldwell Banker Realty

    (847) 571-8633

    1 in this area

    34 Total Sales

    Sandra Bobus
    Section Image

  • N

    Buyer's Agent in 2024

    Nikolay Babev

    eXp Realty

    (888) 574-9405

    2 in this area

    3 Total Sales

    Nikolay Babev
    Section Image
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Map

Illinois Cook County Palatine 60074 Virginia Lake

1117 E Carpenter Dr, Palatine, IL

Not Listed for Sale

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