$440,000
SOLD DEC 20, 2024
3 Beds
2 Baths
1,900 Sq Ft
10,049 Sq Ft Lot

Recently Sold

$232 Per Sq Ft

2% Below List Price

21 Days on Market

Highlights

  • Heated Floors
  • Deck
  • L-Shaped Dining Room
  • Palatine High School Rated A
  • Recreation Room
  • 4-minute walk to Deer Grove-East

About This Home

As of December 2024

Welcome to 1461 N King Edward Ct, a meticulously maintained and beautifully updated brick ranch home located in central Palatine. This stunning 3-bedroom, 2-bathroom home with a large unfinished basement offers everything you need to settle in comfortably. From the moment you pull up, you'll be captivated by its curb appeal, with blooming flowers and mature trees providing shade year-round. Step inside to a welcoming open floor plan that flows seamlessly. The living room is filled with natural sunlight streaming through large windows. Gleaming hardwood floors give this area a polished and elegant look. The kitchen boasts high-end stainless steel appliances and contemporary cabinetry. Relax in the cozy family room, complete with a floor-to-ceiling stone hearth and wood-burning fireplace. Two Anderson patio doors in the kitchen and family room bring in abundant Eastern light and lead to a spacious deck and fully fenced backyard, perfect for outdoor enjoyment. All three bedrooms feature new carpeting and ceiling fans for your comfort. The large primary suite includes dual closets and a spa-like ensuite bathroom. Both updated bathrooms are equipped with under-floor heating to keep your feet toasty during the colder months. Laundry unit is conveniently located on the main level. The expansive unfinished basement has been waterproofed with transferable warranty and is ready for your creative ideas. Outside, the lush backyard offers plenty of greenery, along with a shed for extra storage. Conveniently located near major highways, parks, forest preserves, Midtown Athletic Club, shops, and more. The Palatine train station is just 3 miles away, making commuting a breeze. Recent updates include a furnace and air conditioner (2018), water heater (2022), exterior tuck point (2023), basement drain tile (2024). This move-in ready home is truly turn-key-there's nothing left to do but unpack!

Last Agent to Sell the Property

Angela Lim

L6 Realty LLC License #471021753 Listed on: 10/25/2024

Last Buyer's Agent

Dmitry Livshis

Liv Realty Inc License #471017655

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,066

Year Built

  • Built in 1971 | Remodeled in 2015

Lot Details

  • 10,049 Sq Ft Lot
  • Lot Dimensions are 75x134

Parking

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

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Recreation Room
  • Unfinished Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Heated Floors
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

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

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Shed

Schools

  • Lincoln Elementary School
  • Walter R Sundling Middle School
  • Palatine High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,066

Year Built

Built in 1971 | Remodeled in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Heated Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1900
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Room Type: Deck, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, Workshop
  • Foundation Details: Concrete Perimeter
  • List Price: 449900
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(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
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Middle School
  • Middle/Junior School District: 15

Lot Info

  • Lot Size Acres: 0.2307
  • Lot Dimensions: 75X134
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 10065.6
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Dec 17, 2024
Sold by
Popescu Ioan A
Bought by
Aleksieiev Oleksandr and Sulinchak Yuliia
Seller's Agent
Angela Lim
L6 Realty LLC
Buyer's Agent
Dmitry Livshis
Liv Realty Inc
List Price
$449,900
Sold Price
$440,000
Premium/Discount to List
-$9,900
-2.2%
Total Days on Market
21
Views
114
Current Estimated Value
$445,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,523
Avg. Annual Appreciation
2.81%
Original Mortgage
$352,000
Outstanding Balance
$351,091
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$94,432

Purchase Details

Closed on
Jan 31, 2022
Sold by
Roche James A
Bought by
Popescu Ioan A

Purchase Details

Listed on
Sep 27, 2021
Closed on
Nov 5, 2021
Sold by
Roche James A
Bought by
Popescu Ioan A
Seller's Agent
Pamela Weinert
Compass
Buyer's Agent
Tom Streff
Berkshire Hathaway HomeServices Chicago
List Price
$369,000
Sold Price
$365,000
Premium/Discount to List
-$4,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$292,000
Interest Rate
3.09%

Purchase Details

Closed on
Nov 20, 2008
Sold by
Gentry Lyle D and Gentry Ethel S
Bought by
Roche James A and Varnes Valerie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.49%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 13, 2004
Sold by
Gentry Lyle D and Gentry Ethel S
Bought by
Gentry Lyle D and Gentry Ethel S
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
Warranty Deed $440,000 None Listed On Document
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Deed $340,000 Multiple
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,000 New Conventional
Previous Owner $292,000 No Value Available
Previous Owner $149,900 Unknown
Previous Owner $39,618 Unknown
Previous Owner $241,500 New Conventional
Previous Owner $267,000 New Conventional
Previous Owner $20,974 Unknown
Previous Owner $272,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $440,000 -2.2% $232 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/10/2024 11/10/24 For Sale $449,900 0.0% $237 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $449,900 0.0% $237 / Sq Ft
10/02/2023 10/02/23 Rented $3,000 0.0% --
09/07/2023 09/07/23 Under Contract -- -- --
08/29/2023 08/29/23 For Rent $3,000 0.0% --
08/15/2023 08/15/23 Off Market $3,000 -- --
08/14/2023 08/14/23 Under Contract -- -- --
08/09/2023 08/09/23 For Rent $3,000 0.0% --
11/22/2021 11/22/21 Sold $365,000 -1.1% $192 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $369,000 -- $194 / 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 $9,738 $34,000 $8,040 $25,960
2023 $9,738 $34,000 $8,040 $25,960
2022 $9,738 $34,000 $8,040 $25,960
2021 $9,122 $28,087 $5,025 $23,062
2020 $7,199 $28,087 $5,025 $23,062
2019 $7,230 $31,383 $5,025 $26,358
2018 $7,416 $30,046 $4,522 $25,524
2017 $7,308 $30,046 $4,522 $25,524
2016 $7,306 $30,046 $4,522 $25,524
2015 $7,100 $27,606 $4,020 $23,586
2014 $7,042 $27,606 $4,020 $23,586
2013 $6,832 $27,606 $4,020 $23,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12196769

Midwest Real Estate Data (MRED)

APN: 02-10-204-005-0000