1341 N Home Ct Palatine, IL 60074
Virginia Lake Neighborhood
4
Beds
4
Baths
3,055
Sq Ft
0.47
Acres
Highlights
- Open Floorplan
- Colonial Architecture
- Property is near a park
- Palatine High School Rated A
- Deck
- Wood Flooring
About This Home
As of July 2025Welcome to your private oasis in the heart of Concord Mills! Nestled on a quiet cul-de-sac, this exceptional home offers unmatched space and privacy on the largest lot in the subdivision, nearly half an acre. From the moment you arrive, the inviting front porch sets the tone for the warmth and charm found throughout. Step into a bright and airy interior featuring a dramatic two-story entry and living room, with beautiful red oak hardwood floors across the main level. The chef's kitchen is equipped with maple cabinets, granite counter tops and updated stainless steel appliances. The kitchen seamlessly connects to the eating area and large family room, ideal for everyday living and entertaining. Adjacent to the family room is a private home office with elegant French doors. The main level is finished with a thoughtfully designed laundry/mud room offering smart storage options and an updated half bath. Upstairs, you'll find 4 generously sized bedrooms, including a serene primary suite with a soaking tub, separate shower, and dual vanity. The other 3 bedrooms share a recently renovated full bath with double vanity as well. The finished basement is an entertainer's dream, featuring a full wet bar with beverage fridge, ice maker and mounted TV, perfect for game day gatherings, a spacious pool table area, and an additional family room with surround sound for movie nights or casual lounging. A versatile 5th bedroom, ideal for a workout space or guest room, along with a convenient half bath, complete the lower level. As stunning as the interior is, the true showstopper awaits outside. Step onto the expansive back deck and take in your private sanctuary. An outdoor retreat designed for relaxation and entertaining. The fully fenced backyard offers it all: unwind beneath the pergola, cozy up around the fire pit under draped string lights, or tend to your favorite plants in the dedicated garden, thoughtfully fenced to keep critters at bay. Nature lovers will enjoy the purple martin Polywood birdhouse attracting sparrows as spring arrives. A discreet dog run just off the back deck adds extra convenience for pet owners, perfect for early mornings or keeping the yard pristine. The possibilities of this yard are endless with almost a half acre to dream with. All major mechanicals updated within the past six years. Heated 3 car attached garage. Just blocks from Palatine High School, this move-in-ready home is a rare find you won't want to miss!
Last Agent to Sell the Property
Coldwell Banker Real Estate Group License #475192957 Listed on: 05/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,005
Year Built
- Built in 1997
Lot Details
- 0.47 Acre Lot
- Cul-De-Sac
- Dog Run
- Paved or Partially Paved Lot
HOA Fees
- $18 Monthly HOA Fees
Parking
- 3 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,055 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Bar
- Ceiling Fan
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Window Screens
- Family Room with Fireplace
- Great Room
- Living Room
- Formal Dining Room
- Home Office
Kitchen
- Breakfast Bar
- Microwave
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Potential Bedrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Outdoor Features
- Deck
- Fire Pit
- Shed
- Pergola
Location
- Property is near a park
Schools
- Virginia Lake Elementary School
- Winston Campus Middle School
- Palatine High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- Concord Mills Subdivision, Avalon Floorplan
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2025
Closed on
Jul 1, 2025
Sold by
Schaedig Timothy and Schaedig Amy
Bought by
Guntur Prasanth
Seller's Agent
Libby Bullock
Coldwell Banker Real Estate Group
Buyer's Agent
Vipin Gulati
RE/MAX Professionals Select
List Price
$725,000
Sold Price
$760,000
Premium/Discount to List
$35,000
4.83%
Views
40
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.40%
Original Mortgage
$684,000
Outstanding Balance
$683,079
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$59,331
Purchase Details
Listed on
Apr 16, 2014
Closed on
Aug 15, 2014
Sold by
Ohlrich Scott and Repking Elizabeth F
Bought by
Schaedig Timothy and Schaedig Amy
Seller's Agent
Sally Ide
Coldwell Banker Realty
Buyer's Agent
Nancy Drabek
Berkshire Hathaway HomeServices Chicago
List Price
$575,000
Sold Price
$530,000
Premium/Discount to List
-$45,000
-7.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.36%
Original Mortgage
$417,000
Interest Rate
4.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 9, 2006
Sold by
Simons Douglas W and Simons Julie
Bought by
Ohlrich Scott and Repking Elizabeth F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 24, 2004
Sold by
Kuta Michael L and Kuta Linda M
Bought by
Simons Douglas W and Simons Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.4%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 1, 1997
Sold by
Concord Mills Ltd Partnership
Bought by
Kuta Michael I and Kuta Linda M
Similar Homes in Palatine, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $760,000 | Chicago Title Company | |
| Warranty Deed | $530,000 | Attorneys Title Guaranty Fun | |
| Warranty Deed | $649,000 | Ticor | |
| Warranty Deed | $550,000 | -- | |
| Warranty Deed | $334,000 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $684,000 | New Conventional | |
| Previous Owner | $140,000 | Credit Line Revolving | |
| Previous Owner | $54,200 | Credit Line Revolving | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $346,000 | Unknown | |
| Previous Owner | $140,000 | Credit Line Revolving | |
| Previous Owner | $380,000 | Unknown | |
| Previous Owner | $417,000 | Unknown | |
| Previous Owner | $199,500 | Credit Line Revolving | |
| Previous Owner | $405,750 | Fannie Mae Freddie Mac | |
| Previous Owner | $407,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $410,000 | Unknown | |
| Previous Owner | $410,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Sold | $760,000 | +4.8% | $249 / Sq Ft |
| 05/18/2025 05/18/25 | Pending | -- | -- | -- |
| 05/15/2025 05/15/25 | For Sale | $725,000 | +36.8% | $237 / Sq Ft |
| 08/15/2014 08/15/14 | Sold | $530,000 | -5.4% | $173 / Sq Ft |
| 07/04/2014 07/04/14 | Pending | -- | -- | -- |
| 05/21/2014 05/21/14 | Price Changed | $560,000 | -2.6% | $183 / Sq Ft |
| 04/16/2014 04/16/14 | For Sale | $575,000 | -- | $188 / 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 | $15,005 | $54,000 | $26,484 | $27,516 |
| 2023 | $14,486 | $54,000 | $26,484 | $27,516 |
| 2022 | $14,486 | $54,000 | $26,484 | $27,516 |
| 2021 | $13,646 | $45,347 | $15,279 | $30,068 |
| 2020 | $13,515 | $45,347 | $15,279 | $30,068 |
| 2019 | $14,580 | $50,838 | $15,279 | $35,559 |
| 2018 | $16,585 | $53,368 | $13,751 | $39,617 |
| 2017 | $16,271 | $53,368 | $13,751 | $39,617 |
| 2016 | $15,132 | $53,368 | $13,751 | $39,617 |
| 2015 | $15,472 | $50,355 | $12,732 | $37,623 |
| 2014 | $14,504 | $50,355 | $12,732 | $37,623 |
| 2013 | $14,115 | $50,355 | $12,732 | $37,623 |
Source: Public Records
Agents Affiliated with this Home
-
Libby Bullock
Seller's Agent in 2025
Libby Bullock
Coldwell Banker Real Estate Group
(847) 977-8027
1 in this area
35 Total Sales
-
Vipin Gulati
Buyer's Agent in 2025
Vipin Gulati
RE/MAX
(630) 747-5066
1 in this area
274 Total Sales
-
Sally Ide
S
Seller's Agent in 2014
Sally Ide
Coldwell Banker Realty
(847) 875-9400
20 Total Sales
-
J
Seller Co-Listing Agent in 2014
Jerry Ide
Coldwell Banker Residential Brokerage
-
Nancy Drabek
Buyer's Agent in 2014
Nancy Drabek
Berkshire Hathaway HomeServices Chicago
65 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12353256
APN: 02-11-212-041-0000
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