NOT LISTED FOR SALE

1216 N Elmwood Ave Unit 1 Palatine, IL 60074

Virginia Lake Neighborhood

Estimated Value: $557,411 - $628,000

4 Beds
3 Baths
2,292 Sq Ft
$254/Sq Ft Est. Value

Last Sold March 08, 2013

Last sale price $318,000 $139 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,022/month

31 Days on Market

Highlights

  • Spa
  • Corner Lot
  • Attached Garage
  • Palatine High School Rated A
  • Formal Dining Room
  • Breakfast Bar

About This Home

As of March 2013

SHENANDOAH'S POPULAR COLONIAL.. ATTRACTIVELY DECORATED. LIGHT BRIGHT INVITING KITCHEN OFFERS LOTS OF ROOM FOR THE GOURMET COOK. BRICK FIREPLACE HIGHLIGHTS A GENEROUS SIZE FAMILY ROOM. ENJOY LARGE BEDROOMS AND UPDATED BATHROOMS PLUS LOTS OF CLOSET SPACE. YOU WILL LOVE THE MASTER BEDROOM SUITE. A WELCOME ESCAPE WILL BE THE BRICK PATIO & HOT TUB WITH A FENCE FOR PRIVACY. WALK TO SCHOOLS & NEAR SHOPPING & I-53.

Last Agent to Sell the Property

Sharon Sims

The Stonefield Group, Inc. Listed on: 12/04/2012

Last Buyer's Agent

Susan Yon Hanson

Century 21 Integra License #471016859

Century 21 Integra

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $10,268

Year Built

  • 1976

Lot Details

  • East or West Exposure
  • Corner Lot

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Formal Dining Room
  • Finished Basement
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Kitchen Island

Outdoor Features

  • Spa
  • Patio

Utilities

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

Property Details

Home Type

Other

Est. Annual Taxes

$10,268

Year Built

1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Architectural Style: Colonial
  • Type Detached: 2 Stories
  • Special Features: None
  • Year Built: 1976

Interior Features

  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplaces: 1
  • Number Of Rooms: 8
  • Equipment: TV-Cable, CO Detectors, Ceiling Fan, Sump Pump, Backup Sump Pump;
  • Fireplace Details: Wood Burning, Attached Fireplace Doors/Screen
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 28X12
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 13X11
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 14X12
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 12X11
  • Fourth Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 17X13
  • Living Room Flooring: Carpet
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 13X12
  • Dining Room Flooring: Carpet
  • Family Room Level: Main Level
  • Family Room Size: 23X13
  • Family Room Flooring: Carpet
  • Kitchen Type: Eating Area-Table Space, Island
  • Kitchen Level: Main Level
  • Kitchen Size: 14X11
  • Kitchen Flooring: Vinyl
  • Additional Rooms: No additional rooms

Exterior Features

  • Roof: Asphalt/Glass (Shingles)
  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Brick
  • Exterior Property Features: Patio, Hot Tub
  • Exposure: E (East)

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: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Cooling: Central Air
  • Electricity: 100 Amp Service
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Elementary School: VIRGINIA LAKE ELEMENTARY SCHOOL
  • Middle School: WALTER R SUNDLING JUNIOR HIGH SC
  • High School: PALATINE HIGH SCHOOL
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 69X56X89X140X77
  • Lot Description: Corner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2012
Closed on
Mar 8, 2013
Sold by
Hofmann William H and Hofmann Nancy L
Bought by
Pasqualucci Jeffrey A and Pasqualucci Maureen J
Seller's Agent
Sharon Sims
The Stonefield Group, Inc.
Buyer's Agent
Susan Yon Hanson
Century 21 Integra
List Price
$338,900
Sold Price
$318,000
Premium/Discount to List
-$20,900
-6.17%
Current Estimated Value
$581,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,103
Avg. Annual Appreciation
4.80%
Original Mortgage
$254,400
Outstanding Balance
$182,269
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$388,510

Purchase Details

Closed on
Jul 21, 2000
Sold by
Graham Deanna K
Bought by
Hofmann William J and Hofmann Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.27%
Source: Public Records

Range of Values:

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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
Pasqualucci Jeffrey A $318,000 Attorneys Title Guaranty Fun
Hofmann William J $252,000 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pasqualucci Jeffrey A $254,400
Previous Owner Hofmann William J $104,000
Previous Owner Hofmann William J $223,800
Previous Owner Hofmann William J $225,000
Previous Owner Hofmann William J $110,000
Previous Owner Hofmann William J $153,000
Previous Owner Hoffmann William J $50,000
Previous Owner Hofmann William J $133,800
Previous Owner Hofmann William J $130,000
Previous Owner Hofmann William J $132,000
Previous Owner Graham Deanna K $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2013 03/08/13 Sold $318,000 -6.2% $139 / Sq Ft
01/04/2013 01/04/13 Pending -- -- --
12/04/2012 12/04/12 For Sale $338,900 -- $148 / 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 $10,268 $38,000 $8,570 $29,430
2023 $9,904 $38,000 $8,570 $29,430
2022 $9,904 $38,000 $8,570 $29,430
2021 $9,147 $31,494 $5,356 $26,138
2020 $9,083 $31,494 $5,356 $26,138
2019 $9,108 $35,189 $5,356 $29,833
2018 $10,290 $36,548 $4,820 $31,728
2017 $10,114 $36,548 $4,820 $31,728
2016 $9,655 $36,548 $4,820 $31,728
2015 $9,080 $32,177 $4,284 $27,893
2014 $8,987 $32,177 $4,284 $27,893
2013 $8,739 $32,177 $4,284 $27,893
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08231056

Midwest Real Estate Data (MRED)

APN: 02-11-205-018-0000