NOT LISTED FOR SALE

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

4 Beds
2.5 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. 10% increase in value since last sale

Current estimated payment $3,859/month

45 Days on Market

Highlights

  • In Ground Pool
  • Landscaped Professionally
  • Back to Public Ground
  • Palatine High School Rated A
  • Property is near a park
  • 2-minute walk to Sycamore Park

About This Home

As of December 2024

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.

Last Agent to Sell the Property

Sandra Bobus

Coldwell Banker Realty License #475123101 Listed on: 09/11/2024

Coldwell Banker Realty

Last Buyer's Agent

Nikolay Babev

eXp Realty License #475211022

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,752

Year Built

  • Built in 1975

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75 x 120
  • Back to Public Ground
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Tudor Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,487 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Dry Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room
  • Open Floorplan
  • Breakfast Room
  • Dining Room
  • Recreation Room
  • Heated Sun or Florida Room
  • Lower Floor Utility Room
  • Storage Room
  • Unfinished Attic

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Partial Basement
  • Sump Pump
  • Recreation or Family Area in Basement
  • Basement Storage

Home Security

  • Home Security System
  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • In Ground Pool
  • Balcony
  • Brick Porch or 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
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Spinnaker Cove Subdivision, Nantucket Floorplan

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,752

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tudor
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Spinnaker Cove
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • 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: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Wall Oven
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Dry, Bar-Wet, First Floor Laundry, Walk-In Closet(s), Some Carpeting, Some Window Treatment, Dining Combo
  • LivingArea: 2487
  • Other Equipment: Humidifier, TV-Cable, Security System, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Recreation Room, Storage, Heated Sun Room, Utility Room-Lower Level, Breakfast Room, Balcony/Porch/Lanai
  • Estimated Total Finished Sq Ft: 3153
  • Basement Description: Partially Finished,Rec/Family Area,Storage Space
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Family Room
  • Total Sq Ft: 3477
  • Attic: Unfinished
  • Door Features: Sliding Doors
  • Window Features: Blinds
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Brick Paver Patio, In Ground Pool, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Landscaped, Backs to Public GRND, Sidewalks, Streetlights
  • 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
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • 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: 0.2
  • Lot Dimensions: 75 X 120
  • 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: 9752.28
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

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
$579,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,575
Avg. Annual Appreciation
9.38%
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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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
12/16/2024 12/16/24 Sold $527,500 -5.8% $212 / Sq Ft
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
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 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12161645

Midwest Real Estate Data (MRED)

APN: 02-12-311-006-0000