NOT LISTED FOR SALE

Estimated Value: $341,000 - $362,330

3 Beds
2 Baths
1,196 Sq Ft
$293/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $258,000 $216 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,539/month

55 Days on Market

Highlights

  • Living Room with Fireplace
  • Formal Dining Room
  • Senior Tax Exemptions
  • Plum Grove Jr High School Rated A-
  • Attached Garage
  • 3-minute walk to Hawthorne Park

About This Home

As of November 2021

PLEASE NOTE THE SIGNIFICANT PRICE REDUCTION!!! This well-loved two-story 3 bedroom, 1.5 bath home located within the highly-ranked William Fremd School District has been owned by the same family since 1967. The main-level features a comfortable living room, wood-burning fireplace, dining space, a galley kitchen, newer stackable washer and dryer, a half-bath and a very functional bonus room that can be used as a family room, an office, a 4th bedroom or an exercise room. There is an attached one-car garage and a very nice screened porch overlooking a scenic back yard. The second floor has 3 nicely-sized bedrooms with ample closet space, hardwood floors and a full bath. Downtown Palatine location blocks from Metra train station, grocery and pharmacy shopping, restaurants, parks and family aquatic center. Easy access to expressways and Chicago O'Hare airport. Great opportunity to own a cozy home on this desirable tree-lined street.

Last Agent to Sell the Property

Wayne Gurowsky

Coldwell Banker License #471012261 Listed on: 07/27/2021

Coldwell Banker

Last Buyer's Agent

Andy Quiroz

Diamond Homes Realty License #475102796

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,492

Year Built

  • 1940

Lot Details

  • 6,534

Parking

  • Attached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,492

Year Built

1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Palatine Road To Bothwell, South To Property.
  • Lot Size: 50X132
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1940

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Laundry
  • Dining Room Type: Screened Porch

Exterior Features

  • Exterior Building Type: Frame
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 211
  • Middle Or Junior School: Plum Grove Junior High School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 2795.18
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Nov 5, 2021
Sold by
Schwingel Gloria M
Bought by
Serrano Jaclyn Gonzales
Seller's Agent
Wayne Gurowsky
Coldwell Banker
Buyer's Agent
Andy Quiroz
Diamond Homes Realty
List Price
$279,900
Sold Price
$258,000
Premium/Discount to List
-$21,900
-7.82%
Current Estimated Value
$349,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,833
Avg. Annual Appreciation
8.03%
Original Mortgage
$253,326
Outstanding Balance
$230,912
Interest Rate
2.62%
Mortgage Type
FHA
Estimated Equity
$118,921
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Serrano Jaclyn Gonzales $258,000 Fort Dearborn Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrano Jaclyn Gonzales $253,326
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $258,000 -7.8% $216 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $279,900 -- $234 / 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 $8,492 $32,000 $3,960 $28,040
2023 $9,165 $32,000 $3,960 $28,040
2022 $9,165 $32,000 $3,960 $28,040
2021 $3,046 $29,416 $2,310 $27,106
2020 $2,795 $29,416 $2,310 $27,106
2019 $2,770 $32,758 $2,310 $30,448
2018 $3,007 $21,074 $2,145 $18,929
2017 $2,898 $21,074 $2,145 $18,929
2016 $3,456 $21,074 $2,145 $18,929
2015 $3,934 $17,341 $1,980 $15,361
2014 $3,805 $17,341 $1,980 $15,361
2013 $3,796 $17,341 $1,980 $15,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11169692

Midwest Real Estate Data (MRED)

APN: 02-22-219-001-0000