Seller's Agent in 2021
Christy DelGreco
Coldwell Banker Realty
(773) 230-0002
1 in this area
124 Total Sales
16 E Forest Ln Palatine, IL 60067
Creekside NeighborhoodEstimated Value: $632,000 - $693,000
5
Beds
3
Baths
2,888
Sq Ft
$231/Sq Ft
Est. Value
Highlights
- Family Room with Fireplace
- Formal Dining Room
- Attached Garage
- Plum Grove Jr High School Rated A-
About This Home
As of December 2021This spacious home has the open and updated floorplan coupled with incredible outdoor space that you have been looking for! Be welcomed in with an oversized living room that features a brick fireplace and huge picture windows overlooking your charming front porch; adjacent separate dining room with crown molding & wainscoting overlooks the backyard and is the perfect spot for enjoying holiday dinners with family. Reconfigured floorplan was designed to be an entertainer's dream! For starters, there is a custom wet bar perfectly positioned between the dining room & the kitchen which features glass cabinetry, prep sink & a dual zoned wine fridge. The enormous and updated kitchen will be all the envy of your friends with party-sized island for additional prep and seating space, (hidden dog crate built in so Fido can be in the heart of the home with you!), 6 burner gas cooktop, wall oven with warming drawer & many thoughtful features including soft close drawers with pull outs, platter storage and so much more! This incredible kitchen overlooks a newly renovated family room with vaulted ceilings and stone fireplace to cozy up with on those chilly fall nights! Head right out to your beautiful brick paver patio and lush yard to enjoy the oversized, private corner lot & mature landscape. Bonus for the outdoor lovers is an attached gardening shed! Upstairs you will find 5 nice sized bedrooms (hardwood under newer carpet), tons of storage & 2 full baths with heated floors including primary en suite. The lower level is another place to escape and have fun with a full recreational room featuring new carpet and paint & wet bar! Large crawl space for additional storage. Premier location close to shopping, restaurants & expressways and in coveted Fremd High School District**See broker remarks for list and dates of many capital improvements**
Last Agent to Sell the Property
Coldwell Banker Realty License #475145724 Listed on: 10/23/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,212
Year Built | Renovated
- 1962 | 2009
Lot Details
- 0.5
Parking
- Attached Garage
- Garage Door Opener
- Parking Included in Price
Interior Spaces
- 2-Story Property
- Family Room with Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Finished Basement
- Crawl Space
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2021
Closed on
Jan 19, 2022
Sold by
Andrew Jay A and Andrew Margaret Johnson
Bought by
Philip Shawn and Philip George Jaime
Seller's Agent
Christy DelGreco
Coldwell Banker Realty
Buyer's Agent
John Plamoottil
Brick Stone International Inc.
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
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
$164,631
Avg. Annual Appreciation
8.01%
Original Mortgage
$433,500
Outstanding Balance
$401,662
Interest Rate
2.88%
Estimated Equity
$274,979
Purchase Details
Listed on
Oct 23, 2021
Closed on
Dec 6, 2021
Sold by
Andrew Jay A and Andrew Margaret Johnson
Bought by
Philip Shawn and Philip George Jaime
Seller's Agent
Christy DelGreco
Coldwell Banker Realty
Buyer's Agent
John Plamoottil
Brick Stone International Inc.
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,500
Outstanding Balance
$401,662
Interest Rate
2.88%
Estimated Equity
$274,979
Purchase Details
Closed on
May 24, 2004
Sold by
Thomas Karl E and Thomas Judy R
Bought by
Johnson Andrew Jay A and Johnson Andrew Margaret
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.37%
Mortgage Type
Unknown
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Philip Shawn | -- | -- | |
| Philip Shawn | -- | -- | |
| Philip Shawn | -- | -- | |
| Johnson Andrew Jay A | $360,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Philip Shawn | $433,500 | |
| Previous Owner | Andrew Jay A | $206,800 | |
| Previous Owner | Andrew Jay A | $301,000 | |
| Previous Owner | Andrew Jay A | $252,000 | |
| Previous Owner | Johnson Andrew Jay A | $288,000 | |
| Closed | Johnson Andrew Jay A | $53,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/08/2021 12/08/21 | Sold | $510,000 | -2.9% | $177 / Sq Ft |
| 11/03/2021 11/03/21 | Pending | -- | -- | -- |
| 10/23/2021 10/23/21 | For Sale | $525,000 | -- | $182 / 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 | $12,212 | $43,944 | $11,165 | $32,779 |
| 2023 | $11,753 | $43,944 | $11,165 | $32,779 |
| 2022 | $11,753 | $43,944 | $11,165 | $32,779 |
| 2021 | $11,670 | $39,364 | $7,105 | $32,259 |
| 2020 | $12,155 | $41,397 | $7,105 | $34,292 |
| 2019 | $12,106 | $46,254 | $7,105 | $39,149 |
| 2018 | $11,992 | $43,039 | $6,597 | $36,442 |
| 2017 | $11,757 | $43,039 | $6,597 | $36,442 |
| 2016 | $11,197 | $43,039 | $6,597 | $36,442 |
| 2015 | $11,127 | $39,851 | $6,090 | $33,761 |
| 2014 | $10,985 | $39,851 | $6,090 | $33,761 |
| 2013 | $10,613 | $39,851 | $6,090 | $33,761 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Seller Co-Listing Agent in 2021
Lynn DelGreco
Coldwell Banker Realty
1 in this area
89 Total Sales
-
Buyer's Agent in 2021
John Plamoottil
Brick Stone International Inc.
(630) 634-5297
1 in this area
36 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11254032
APN: 02-35-101-001-0000
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