1567 N Gatewood Ave Palatine, IL 60067
Baldwin NeighborhoodEstimated Value: $263,570 - $293,000
2
Beds
2
Baths
1,196
Sq Ft
$234/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- Deck
- Walk-In Pantry
- Palatine High School Rated A
- Vaulted Ceiling
- Stainless Steel Appliances
About This Home
As of October 2020MULTIPLE OFFERS RECEIVED. PLEASE SUBMIT HIGHEST AND BEST OFFER TODAY. Offers will be reviewed Monday 8am. Welcome to CherryBrook Village where you can have a fenced yard and the association will cut your grass for you. This beautiful 2 bedroom 2 bath home has a full finished basement and 1 car attached garage! Enjoy your patio with a fenced backyard. There is an updated kitchen with stainless steel appliances. Fresh neutral paint thoughout the entire home. The primary bedroom has a walk in closet. Vaulted ceilings in the living room. Updated light fixtures. New carpet in the finished basement and both sets of stairs. Low association fee only $81! Walk to dinner! Close to shopping, downtown Palatine, the train and the highway. FHA Approved! Investors are welcome! Welcome Home!
Last Agent to Sell the Property
HomeSmart Connect LLC License #475121940 Listed on: 09/12/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,014
Year Built
- 1984
Lot Details
- 2,178
HOA Fees
- $81 per month
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- Vaulted Ceiling
- Dining Area
- Storage
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Updated Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
- Cable TV Available
Additional Features
- Deck
- Fenced Yard
- Property is near a bus stop
Listing and Financial Details
- Homeowner Tax Exemptions
- $800 Seller Concession
Community Details
Pet Policy
- Pets Allowed
Security
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2020
Closed on
Oct 13, 2020
Sold by
Bower Michael B and Bower Sandra
Bought by
Denkov George
Seller's Agent
Laura Browere
HomeSmart Connect LLC
Buyer's Agent
Marty Rinehart
Real Broker, LLC
List Price
$200,000
Sold Price
$205,500
Premium/Discount to List
$5,500
2.75%
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,393
Avg. Annual Appreciation
6.94%
Original Mortgage
$164,400
Interest Rate
2.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 26, 2007
Sold by
Lucker John and Lucker Meggan Leah
Bought by
Bower Michael B and Bower Brette M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Interest Rate
6.22%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 30, 2002
Sold by
Donovan William P and Donovan Jennifer E
Bought by
Lucker Meggan Leah and Lucker John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.5%
Purchase Details
Closed on
Apr 3, 2001
Sold by
Donovan William P and Donovan Jennifer E
Bought by
Donovan William P and Donovan Jennifer E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
7.16%
Purchase Details
Closed on
May 4, 2000
Sold by
Cooper Scott T
Bought by
Donovan William P and Tierney Jennifer E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
8.25%
Purchase Details
Closed on
Oct 25, 1996
Sold by
Murphy John M and Murphy Beth Lynn
Bought by
Cooper Scott T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,200
Interest Rate
8.32%
Similar Homes in Palatine, IL
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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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Denkov George | $205,500 | Chicago Title | |
| Bower Michael B | $228,000 | Republic Title Company | |
| Lucker Meggan Leah | -- | -- | |
| Donovan William P | -- | -- | |
| Donovan William P | $157,000 | Lawyers Title Insurance Corp | |
| Cooper Scott T | $126,500 | Attorneys Natl Title Network |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Denkov George | $144,000 | |
| Closed | Denkov George | $164,000 | |
| Previous Owner | Denkov George | $164,400 | |
| Previous Owner | Bower Micheal B | $162,750 | |
| Previous Owner | Bower Brette M | $206,000 | |
| Previous Owner | Bower Michael B | $205,200 | |
| Previous Owner | Lucker Meggan Lean | $20,000 | |
| Previous Owner | Lucker Meggan Leah | $169,000 | |
| Previous Owner | Lucker Meggan Leah | $168,000 | |
| Previous Owner | Donovan William P | $125,600 | |
| Previous Owner | Donovan William P | $125,600 | |
| Previous Owner | Cooper Scott T | $100,800 | |
| Previous Owner | Cooper Scott T | $101,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2020 10/15/20 | Sold | $205,500 | +2.8% | $172 / Sq Ft |
| 09/14/2020 09/14/20 | Pending | -- | -- | -- |
| 09/12/2020 09/12/20 | For Sale | $200,000 | -- | $167 / 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 | $6,014 | $21,000 | $4,000 | $17,000 |
| 2023 | $6,014 | $21,000 | $4,000 | $17,000 |
| 2022 | $6,014 | $21,000 | $4,000 | $17,000 |
| 2021 | $5,807 | $17,881 | $2,737 | $15,144 |
| 2020 | $4,728 | $17,881 | $2,737 | $15,144 |
| 2019 | $4,746 | $19,979 | $2,737 | $17,242 |
| 2018 | $4,971 | $19,431 | $2,409 | $17,022 |
| 2017 | $4,895 | $19,431 | $2,409 | $17,022 |
| 2016 | $4,801 | $19,431 | $2,409 | $17,022 |
| 2015 | $4,681 | $17,857 | $2,190 | $15,667 |
| 2014 | $4,640 | $17,857 | $2,190 | $15,667 |
| 2013 | $4,504 | $17,857 | $2,190 | $15,667 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Browere
Seller's Agent in 2020
Laura Browere
The McDonald Group
(847) 322-5942
10 in this area
77 Total Sales
-
Marty Rinehart
Buyer's Agent in 2020
Marty Rinehart
Real Broker, LLC
(224) 355-9903
1 in this area
72 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10855719
APN: 02-10-209-007-0000
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