$240,000
SOLD APR 1, 2021
4 Beds
2 Baths
1,700 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$141 Per Sq Ft

20% Above List Price

11 Days on Market

Highlights

  • Home Office
  • Attached Garage
  • Senior Tax Exemptions
  • Palatine High School Rated A
  • Forced Air Heating and Cooling System
  • 3-minute walk to Maple Park

About This Home

As of August 2021

Great opportunity for investors or contractors to make some sweat equity. Home has great size, storage, and space, however needs updating and extensive TLC. 4 bed 2 bath tri level. Sub basement also has large office. Property needs to be on the market for minimum 10 days per the lender. Offers accepted prior to 10 day period. MULTIPLE OFFERS RECEIVED: HIGHEST & BEST DUE at NOON on 8/30/2020.

Last Agent to Sell the Property

Mark Rantis

Keller Williams Success Realty License #475134703 Listed on: 08/21/2020

Keller Williams Success Realty

Last Buyer's Agent

Ludmila Pisnenco-Clim

Renovo Realty License #471021201

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,601

Year Built

  • 1959

Parking

  • Attached Garage

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Home Office
  • Unfinished Basement
  • Partial Basement

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,601

Year Built

1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Interstate Access
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Tri-Level
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 1959
  • Tax Exemptions: Homeowner, Senior
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 18X13, On Level: 2nd Level, Flooring: Carpet
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 13X10, On Level: 2nd Level, Flooring: Ceramic Tile
  • Additional Rooms: Office
  • Master Bedroom: Dimensions: 14X10, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 13X12, On Level: Basement
  • Bedroom 2: Dimensions: 12X11, On Level: 3rd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X9, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 14X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1700
  • Family Room: Dimensions: 22X11, On Level: Main Level, Flooring: Wood Laminate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1254

Schools

  • School District: 211
  • Elementary School: Lake Louise Elementary School
  • Middle School: Winston Campus-Junior High
  • High School: Palatine High School
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 7507
  • Parcel Identification Number: 02134010060000

Tax Info

  • Taxes: 6698.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Grundy Family 2021 Irrevocable Trust
Bought by
Grundy Alicia
Current Estimated Value
$477,846

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 26, 2021
Sold by
Vasille Cortac Of The City Of Palatine
Bought by
Wolter Lorna and Grundy Family 2021 Irrevocable
Seller's Agent
Ludmila Pisnenco-Clim
Renovo Realty
Buyer's Agent
Mark Kloss
@properties Christie's International Real Estate
List Price
$419,900
Sold Price
$420,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.03%

Purchase Details

Listed on
Aug 21, 2020
Closed on
Mar 29, 2021
Sold by
Chicago Title Land Trust Company
Bought by
Cortac Vasile
Seller's Agent
Mark Rantis
Keller Williams Success Realty
Buyer's Agent
Ludmila Pisnenco-Clim
Renovo Realty
List Price
$199,900
Sold Price
$240,000
Premium/Discount to List
$40,100
20.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
305.13%

Purchase Details

Closed on
Oct 3, 2006
Sold by
Schaffer Sylvia
Bought by
Chicago Title Land Trust Co and Trust #8002347326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,001
Interest Rate
6.49%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed $420,000 Attorneys Ttl Guaranty Fund
Deed $240,000 Alliance Title Corporation
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $412,800 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $147,680 Unknown
Previous Owner $117,001 Unknown
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $420,000 0.0% $200 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $419,900 +75.0% $200 / Sq Ft
04/01/2021 04/01/21 Sold $240,000 +20.1% $141 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $199,900 -- $118 / 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 $7,601 $28,992 $6,006 $22,986
2023 $7,557 $29,808 $6,006 $23,802
2022 $7,557 $29,808 $6,006 $23,802
2021 $6,636 $26,427 $3,753 $22,674
2020 $6,668 $26,427 $3,753 $22,674
2019 $6,698 $29,528 $3,753 $25,775
2018 $6,339 $26,582 $3,378 $23,204
2017 $8,105 $26,582 $3,378 $23,204
2016 $7,537 $26,582 $3,378 $23,204
2015 $7,192 $23,406 $3,002 $20,404
2014 $7,104 $23,406 $3,002 $20,404
2013 $6,923 $23,406 $3,002 $20,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10827075

Midwest Real Estate Data (MRED)

APN: 02-13-401-006-0000