NOT LISTED FOR SALE

Estimated Value: $705,000 - $761,000

4 Beds
2.5 Baths
2,785 Sq Ft
$262/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $626,000 $225 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,035/month

5 Days on Market

Highlights

  • Property is near a park
  • Recreation Room
  • L-Shaped Dining Room
  • Hunting Ridge Elementary School Rated A
  • Wood Flooring
  • Double Oven

About This Home

As of October 2023

Located in the desirable subdivision of Palatine, this colonial home has the location and space one desires. Stepping into the inviting foyer, you will be greeted by the spacious living room offering tons of south facing windows and bringing in ample natural light. The living room opens to the separate dining room, great for a more formal setting. An updated kitchen, with 42' cabinets, built-in pantry, porcelain floors, island for extra seating or perfect for serving, plus a bay window and room for a nice sized kitchen table. This open concept living gives you direct access to your family room with a wood burning, brick fire place and hardwood floors. The extra wet bar off the family room is perfect for entertaining. Main level also offers a half bath and laundry/mud room. Your primary suite has all the updates one desires with a walk-in California organized closet and a newer luxury primary bath ('19) offering a double vanity, tiled floors and shower surround. Three additional bedrooms and a full bath complete this 2nd level. Don't forget the full finished basement giving you even more livable square footage in this already nice sized home. Enjoy outdoor living in this matured landscaped backyard with a canopy enclosed patio space. Additional updates include: roof ('23), gutters ('23), furnace ('22), A/C ("22), water heater ('16), patio door ("21), newer windows, basement epoxy floors ('21). Steps to schools, parks, downtown Palatine offering Metra access, dining, nightlife and more! **Sellers will need a 30/60 day rent back.

Last Agent to Sell the Property

Amy Diamond

@properties Christie's International Real Estate License #475126552 Listed on: 08/24/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Renchi Varghese

Achieve Real Estate Group Inc License #475137041

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,229

Year Built

  • Built in 1972

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 135x115x135x115
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,785 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Wood Burning Fireplace
  • Heatilator
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • L-Shaped Dining Room
  • Recreation Room
  • Unfinished Attic
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Separate Shower

Laundry

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

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near a park

Schools

  • Hunting Ridge Elementary School
  • Plum Grove Junior High School
  • Wm Fremd High School

Utilities

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

Community Details

  • Cannongate Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,229

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Cannongate
  • Year Built: 1972
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Heatilator
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, Hardwood Floors, First Floor Laundry, Walk-In Closet(s)
  • LivingArea: 2785
  • Other Equipment: Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Foyer, Recreation Room, Eating Area
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2785
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 625000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • 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
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Hunting Ridge Elementary School
  • High School: Wm Fremd High School
  • Middle/Junior School: Plum Grove Junior High School
  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.3564
  • Lot Dimensions: 135X115X135X115
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 12228.57
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Sep 22, 2023
Sold by
Mauter Aaron and Mauter Marie C
Bought by
Vazhappilly Vibin Baby and Vazhappilly Paul Serene
Seller's Agent
Amy Diamond
@properties Christie's International Real Estate
Buyer's Agent
Renchi Varghese
Achieve Real Estate Group Inc
List Price
$625,000
Sold Price
$626,000
Premium/Discount to List
$1,000
0.16%
Views
3
Current Estimated Value
$729,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,107
Avg. Annual Appreciation
8.00%
Original Mortgage
$594,700
Outstanding Balance
$583,290
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$145,817

Purchase Details

Listed on
Feb 8, 2012
Closed on
Jun 8, 2012
Sold by
Tackett Tavis K and Tackett Pamela J
Bought by
Mauter Aaron and Mauter Marie C
Seller's Agent
Fay Buican
HomeSmart Connect LLC
Buyer's Agent
Margaret Blondis
@properties Christie's International Real Estate
List Price
$529,900
Sold Price
$497,500
Premium/Discount to List
-$32,400
-6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$393,500
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Vazhappilly Vibin Baby $626,000 None Listed On Document
Mauter Aaron $497,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazhappilly Vibin Baby $594,700
Previous Owner Mauter Aaron $393,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $626,000 +0.2% $225 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $625,000 +25.6% $224 / Sq Ft
06/08/2012 06/08/12 Sold $497,500 -4.3% $178 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
04/20/2012 04/20/12 Price Changed $519,900 +4.0% $186 / Sq Ft
04/19/2012 04/19/12 Price Changed $500,000 -3.8% $179 / Sq Ft
03/04/2012 03/04/12 Price Changed $519,900 -1.9% $186 / Sq Ft
02/08/2012 02/08/12 For Sale $529,900 -- $189 / 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 $14,038 $50,736 $13,973 $36,763
2023 $13,551 $50,736 $13,973 $36,763
2022 $13,551 $50,736 $13,973 $36,763
2021 $12,229 $40,983 $9,315 $31,668
2020 $12,119 $40,983 $9,315 $31,668
2019 $12,047 $45,436 $9,315 $36,121
2018 $13,654 $47,372 $8,538 $38,834
2017 $13,414 $47,372 $8,538 $38,834
2016 $12,724 $47,372 $8,538 $38,834
2015 $12,258 $42,519 $7,762 $34,757
2014 $12,905 $42,519 $7,762 $34,757
2013 $12,575 $42,519 $7,762 $34,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11857752

Midwest Real Estate Data (MRED)

APN: 02-21-306-003-0000