1542 E Baronet Ln Unit 120300 Palatine, IL 60074
Estimated payment $2,837/month
Highlights
- Very Popular Property
- Open Floorplan
- Stainless Steel Appliances
- Winston Campus Elementary School Rated A-
- Loft
- Skylights
About This Home
Welcome to 1542 East Baronet Lane, an exquisite townhome nestled in the serene Coventry Park enclave of Palatine. This elegant 1,500-square-foot residence offers a perfect blend of comfort, sophistication, and modern updates. Step inside to an open-concept floor plan with soaring 20-foot ceilings, abundant natural light streaming through double windows in the family room, and multiple skylights. The first floor and master bedroom feature vinyl wood plank flooring throughout, while the loft provides a versatile space perfect for a home office or easily converted into a third bedroom. The home offers two bedrooms, two and a half bathrooms, and numerous recent upgrades, including a kitchen, living room, and powder room renovated in 2023; master bath, upstairs bath, master bedroom, and guest bedroom renovated in 2024; new carpet and whole-house paint in 2024; front patio updated in 2023; and a laundry room with new washer and dryer in 2024. Additional updates include A/C replaced in 2022, water heater in 2024, and refrigerator, oven/stovetop, and dishwasher replaced in 2020. Smart-home features include eight automated blinds, plus a motorized shade over the sliding glass door, all customizable and able to be integrated through Google Home, Amazon Alexa, or Apple HomeKit, with remotes included, and the primary bedroom offers room-darkening top-down/bottom-up shades. Additional conveniences include a second-floor laundry room, an attached two-car garage, and under-cabinet lighting in the kitchen. Set in a private subdivision within a friendly, quiet community, this home is walking distance to the Metra station, close to major highways, and benefits from a well-maintained HOA. Experience the perfect combination of elegance, functionality, and modern living at 1542 East Baronet Lane-your new home awaits.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,325
Year Built
- Built in 2001
HOA Fees
- $239 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Entry on the 1st floor
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,500 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Skylights
- Blinds
- Sliding Doors
- Living Room
- Family or Dining Combination
- Loft
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include insurance, lawn care, snow removal
- 4 Units
- Foster Premier/Betsy Teramani Association, Phone Number (847) 459-1222
- Coventry Park Subdivision
- Property managed by Coventry Park Condominium Association
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,325 | $24,340 | $4,425 | $19,915 |
| 2023 | $7,151 | $24,340 | $4,425 | $19,915 |
| 2022 | $7,151 | $24,340 | $4,425 | $19,915 |
| 2021 | $6,575 | $19,536 | $2,765 | $16,771 |
| 2020 | $2,506 | $19,536 | $2,765 | $16,771 |
| 2019 | $2,486 | $23,117 | $2,765 | $20,352 |
| 2018 | $2,725 | $19,063 | $2,489 | $16,574 |
| 2017 | $2,628 | $19,063 | $2,489 | $16,574 |
| 2016 | $3,224 | $19,063 | $2,489 | $16,574 |
| 2015 | $3,672 | $17,642 | $2,212 | $15,430 |
| 2014 | $3,557 | $17,642 | $2,212 | $15,430 |
| 2013 | $3,552 | $18,664 | $2,212 | $16,452 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/11/2025 10/11/25 | Pending | -- | -- | -- | |
| 10/08/2025 10/08/25 | For Sale | $375,000 | +64.5% | $250 / Sq Ft | |
| 05/29/2020 05/29/20 | Sold | $228,000 | -0.8% | -- | View Prior Sale |
| 04/30/2020 04/30/20 | Pending | -- | -- | -- | |
| 04/25/2020 04/25/20 | For Sale | $229,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $228,000 | Chicago Title | |
| Deed | $160,000 | Chiago Title | |
| Interfamily Deed Transfer | -- | -- | |
| Trustee Deed | $170,000 | Ticor Title Insurance |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $205,200 | New Conventional | |
| Previous Owner | $120,000 | Commercial | |
| Previous Owner | $45,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12486320
APN: 02-24-203-044-1150
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