127 S Cedar St Palatine, IL 60067
Downtown Palatine Neighborhood
3
Beds
2
Baths
1,337
Sq Ft
0.29
Acres
Highlights
- Property is near a park
- Family Room with Fireplace
- Bonus Room
- Plum Grove Jr High School Rated A-
- Wood Flooring
- 5-minute walk to Cedar Park
About This Home
As of March 2025Stylish Hillside Ranch with a walk-out basement sitting in the heart of Palatine! This mid-century modern 3-bedroom, 2-bath home features an updated kitchen with stainless steel appliances, vaulted ceilings, and two fireplaces. A wall of windows with plantation shutters in the kitchen and dining room opens to a balcony overlooking the expansive wooded yard with a large patio and mature landscaping. The spacious family room on the lower level boasts new flooring and walkout backyard access, while the lower level offers a versatile extra room ready to be transformed into a 4th bedroom, playroom, workroom, office, or storage-with potential for a 3rd bath. Recent updates include newer A/C (2024), roof (2021), and washer/dryer (2020). Easy-maintenance brick exterior, a 1.5-car garage with extra storage, and fresh interior paint throughout. Ideally located within walking distance to an elementary school, train station, and downtown Palatine. Fremd High School location! A must-see!
Last Agent to Sell the Property
Baird & Warner License #475163152 Listed on: 02/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,882
Year Built
- Built in 1962
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 72 x 180 x 73 x 162
- Paved or Partially Paved Lot
Parking
- 1.5 Car Garage
- Parking Included in Price
Home Design
- Walk-Out Ranch
- Brick or Stone Mason
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,337 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Attached Fireplace Door
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Combination Dining and Living Room
- Bonus Room
- Storage Room
- Unfinished Attic
Kitchen
- Double Oven
- Cooktop with Range Hood
- Stainless Steel Appliances
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Basement
- English Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Outdoor Features
- Balcony
- Patio
Location
- Property is near a park
Schools
- Stuart R Paddock Elementary Scho
- Plum Grove Middle School
- Wm Fremd High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2025
Closed on
Mar 26, 2025
Sold by
Green Christine N
Bought by
Risberg Christopher J and Risberg Melanie K
Seller's Agent
Sabrina Conti Erangey
Baird & Warner
Buyer's Agent
Sue Gould
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%
Views
63
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
$677
Avg. Annual Appreciation
0.62%
Original Mortgage
$413,250
Outstanding Balance
$413,250
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$22,427
Purchase Details
Listed on
Sep 18, 2018
Closed on
Mar 1, 2019
Sold by
Lawrenz Bradford R
Bought by
Green Christine M
Seller's Agent
Sue Gould
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Sabrina Conti Erangey
Baird & Warner
List Price
$335,000
Sold Price
$308,000
Premium/Discount to List
-$27,000
-8.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$246,400
Interest Rate
4.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2002
Sold by
Lawrenz Richard I and Lawrenz Louise V
Bought by
Lawrenz Richard I and Lawrenz Louise V
Similar Homes in Palatine, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $435,000 | None Listed On Document | |
| Deed | $308,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $413,250 | New Conventional | |
| Previous Owner | $246,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $435,000 | +2.4% | $325 / Sq Ft |
| 03/02/2025 03/02/25 | Pending | -- | -- | -- |
| 02/27/2025 02/27/25 | For Sale | $425,000 | 0.0% | $318 / Sq Ft |
| 02/23/2025 02/23/25 | Price Changed | $425,000 | +38.0% | $318 / Sq Ft |
| 03/01/2019 03/01/19 | Sold | $308,000 | -3.8% | $230 / Sq Ft |
| 01/17/2019 01/17/19 | Pending | -- | -- | -- |
| 11/04/2018 11/04/18 | Price Changed | $320,000 | -3.0% | $239 / Sq Ft |
| 10/08/2018 10/08/18 | Price Changed | $330,000 | -1.5% | $247 / Sq Ft |
| 09/18/2018 09/18/18 | For Sale | $335,000 | -- | $251 / 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 | $8,882 | $30,000 | $7,560 | $22,440 |
| 2023 | $8,592 | $30,000 | $7,560 | $22,440 |
| 2022 | $8,592 | $30,000 | $7,560 | $22,440 |
| 2021 | $7,069 | $21,766 | $4,410 | $17,356 |
| 2020 | $6,963 | $21,766 | $4,410 | $17,356 |
| 2019 | $3,931 | $24,239 | $4,410 | $19,829 |
| 2018 | $4,267 | $28,339 | $4,095 | $24,244 |
| 2017 | $4,113 | $28,339 | $4,095 | $24,244 |
| 2016 | $8,035 | $28,339 | $4,095 | $24,244 |
| 2015 | $5,309 | $21,776 | $3,780 | $17,996 |
| 2014 | $6,609 | $21,776 | $3,780 | $17,996 |
| 2013 | $5,107 | $21,776 | $3,780 | $17,996 |
Source: Public Records
Agents Affiliated with this Home
-
Sabrina Conti Erangey
Seller's Agent in 2025
Sabrina Conti Erangey
Baird Warner
(630) 946-9329
2 in this area
184 Total Sales
-
Sue Gould
Buyer's Agent in 2025
Sue Gould
Berkshire Hathaway HomeServices Starck Real Estate
(847) 309-5404
21 in this area
76 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12292648
APN: 02-22-210-040-0000
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