NOT LISTED FOR SALE

Estimated Value: $490,000 - $543,000

5 Beds
3 Baths
2,400 Sq Ft
$216/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $390,000 $162 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,889/month

11 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Double Oven
  • Palatine High School Rated A
  • Whirlpool Bathtub
  • Fenced Yard

About This Home

As of January 2021

Beautifully expanded five-bedroom home in desirable English Valley! The terrific kitchen features all stainless steel appliances including a five burner stove and built-in convection oven and convection microwave. Eat-in area offers sliding doors to backyard patio and opens to an expanded family room with built in dry bar and a terrific gas log fireplace. Abundant windows provide beautiful views of the large fenced in backyard. First floor laundry room offers convenient laundry chute (from 2nd level) and built in cubbies and bench for jackets, backpacks, boots & more! All bedrooms feature hardwood floors. 5th bedroom is ideal space for today's coveted home office! Master suite offers private bath with step-in shower and large walk-in closet. Hall bath and first floor powder room both beautifully updated! Fantastic space in the also expanded finished basement which hosts a huge rec room, separate pool room, and bonus workroom/storage space. Fabulous location near Lincoln Elementary, Sundling Junior High, Hamilton Park and Eagle Park, tennis courts and pool. Don't delay! This one won't last!

Last Agent to Sell the Property

Cindy Eich

RE/MAX Suburban License #471022591 Listed on: 11/20/2020

RE/MAX Suburban

Co-Listed By

Martin Eich

RE/MAX Suburban License #475134374

Last Buyer's Agent

Jim Czeszewski

Compass License #475116468

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,742

Year Built

  • 1972

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Dry Bar
  • Gas Log Fireplace
  • Workroom
  • Recreation Room
  • Game Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $3,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,742

Year Built

1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 2723
  • Unfinished Basement Sq Ft: 150
  • Type Detached: 2 Stories
  • Estimated Year Built: 1972
  • Tax Exemptions: Homeowner, Senior
  • Total Sq Ft: 3623
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors, 1st Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 12
  • Living Room: Dimensions: 20X13, On Level: Main Level, Flooring: Carpet, Windows: Bay Window(s)
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 14X6, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 19X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: 5th Bedroom, Recreation Room, Game Room, Workroom
  • Master Bedroom: Dimensions: 18X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 10X10, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 2 Name: Recreation Rm, Dimensions: 23X19, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X10, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Game Rm, Dimensions: 18X15, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 14X10, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Work Rm, Dimensions: 12X12, On Level: Basement, Flooring: Other
  • Bedroom 4: Dimensions: 13X10, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 2400
  • Estimated Total Finished Sq Ft: 3473
  • Basement Sq Ft: 900
  • Basement Finished Sq Ft: 750
  • Main Level Sq Ft: 1523
  • Upper Level Sq Ft: 1200
  • Dining Room Type: Separate
  • Family Room: Dimensions: 27X19, On Level: Main Level, Flooring: Carpet, Windows: Display Window(s)

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Exterior Property Features: Patio
  • Exposure: W (West)
  • Acreage: 0.2298

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 211
  • Elementary School: Lincoln Elementary School
  • Middle School: Walter R Sundling Junior High Sc
  • High School: Palatine High School
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 72.4X144.9X72.4X146
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 02102060400000

Tax Info

  • Taxes: 8601.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Jan 6, 2021
Sold by
Raef Michael J and Raef Dorothy S
Bought by
Wood Thomas
Seller's Agent
Cindy Eich
RE/MAX Suburban
Buyer's Agent
Jim Czeszewski
Compass
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Total Days on Market
11
Current Estimated Value
$518,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,459
Avg. Annual Appreciation
6.61%
Original Mortgage
$312,000
Outstanding Balance
$281,810
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$235,359

Purchase Details

Closed on
Jul 15, 1997
Sold by
Pappano Robert D and Pappano Karen M
Bought by
Raef Michael J and Raef Dorothy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.94%
Mortgage Type
Balloon
Source: Public Records

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Range of Values:

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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
Wood Thomas $390,000 Baird & Warner Ttl Svcs Inc
Raef Michael J $266,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Thomas $312,000
Previous Owner Raef Michael J $292,000
Previous Owner Raef Michael J $201,551
Previous Owner Raef Michael J $162,000
Previous Owner Raef Michael J $170,000
Previous Owner Raef Michael J $167,600
Previous Owner Raef Michael J $100,000
Previous Owner Raef Michael J $34,500
Previous Owner Raef Michael J $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $390,000 -2.5% $163 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $399,900 -- $167 / 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 $11,742 $41,000 $8,009 $32,991
2023 $11,742 $41,000 $8,009 $32,991
2022 $11,742 $41,000 $8,009 $32,991
2021 $8,565 $32,367 $5,005 $27,362
2020 $8,568 $32,367 $5,005 $27,362
2019 $8,601 $36,165 $5,005 $31,160
2018 $9,378 $36,362 $4,504 $31,858
2017 $9,234 $36,362 $4,504 $31,858
2016 $9,602 $36,362 $4,504 $31,858
2015 $8,941 $31,723 $4,004 $27,719
2014 $8,849 $31,723 $4,004 $27,719
2013 $8,605 $31,723 $4,004 $27,719
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10938576

Midwest Real Estate Data (MRED)

APN: 02-10-206-040-0000