$350,000
SOLD MAY 2, 2025

202 S Lancelot Ln Unit 190010 Palatine, IL 60074

2 Beds
2.5 Baths
1,550 Sq Ft
$239/mo HOA Fee

Recently Sold

$226 Per Sq Ft

3% Above List Price

4 Days on Market

Highlights

  • Property is adjacent to nature preserve
  • Wood Flooring
  • Corner Lot
  • Winston Campus Elementary School Rated A-
  • Loft
  • Resident Manager or Management On Site

About This Home

As of May 2025

Fantastic end unit located in highly sought after community. Home is move in ready with all Brand New Paint & Carpet and features and open and airy layout. The main level offers foyer with large closet and 1st floor 1/2 bath. The 2 story Living room features abundance of light and beautiful brick fireplace. Spacious dining area along with kitchen with ample cabinetry & counter space along with eating area that opens to the patio surrounded by open space! The 2nd floor offers an owners suite with double doors, large in space, walk in closet and private on-suite. The 2nd bedroom is spacious and also offers large closet. The 2nd floor also offers a large loft and overlooks the Living Room. Laundry room & 2nd full bath is also located on the 2nd floor. Attached 2 car garage and awesome location with a ton of surrounding open space makes this a perfect space to call yours. Home has been beautifully maintained and is ready for quick close. Fabulous location with easy access to 53, shopping and so much more.

Last Agent to Sell the Property

Dorthy Pastorelli

Compass License #475150285 Listed on: 03/27/2025

Compass

Last Buyer's Agent

Kim Schmidt

RE/MAX Properties Northwest License #475091039

RE/MAX Properties Northwest

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,327

Year Built

  • Built in 1996

Lot Details

  • Property is adjacent to nature preserve

HOA Fees

  • $239 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Palatine High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 6 Units
  • Debbie Association, Phone Number (847) 459-1222
  • Coventry Park Subdivision
  • Property managed by Foster Premier

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,327

Year Built

Built in 1996

Lot Details

0

HOA Fees

$239 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Coventry Park
  • Year Built: 1996
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s)
  • LivingArea: 1550
  • Room Type: Loft
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • List Price: 339900
  • Lot Features: Corner Lot, Nature Preserve Adjacent
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Attached, Garage
  • ParkingTotal: 2

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 239
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Foster Premier
  • Management Contact Name: Debbie
  • Management Phone: 847-459-1222
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • High School: Palatine High School
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6326.81
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
Apr 18, 2025
Sold by
Booth Kelly and Booth Timothy J
Bought by
Wood Rory and Tran Nhi
Seller's Agent
Dorthy Pastorelli
Compass
Buyer's Agent
Kim Schmidt
RE/MAX Properties Northwest
List Price
$339,900
Sold Price
$350,000
Premium/Discount to List
$10,100
2.97%
Views
154
Current Estimated Value
$349,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$815
Avg. Annual Appreciation
-12.58%
Original Mortgage
$315,000
Outstanding Balance
$315,000
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$22,976

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 15, 2018
Sold by
Philip Anup and Philip Siby A
Bought by
Booth Kelly and Booth Timothy J
Seller's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
Buyer's Agent
Philip Defrancesco
Dapper Crown
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$253,085
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Listed on
Jun 8, 2013
Closed on
Jul 18, 2013
Sold by
Mathews Lisa K
Bought by
Philip Siby A and Philip Anup
Seller's Agent
Maureen Brand
RE/MAX Suburban
Buyer's Agent
Dorthy Pastorelli
Compass
List Price
$194,900
Sold Price
$190,500
Premium/Discount to List
-$4,400
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$142,875
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2003
Sold by
Belga Ferdinand E and Belga Ruth A
Bought by
Mathews Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 1996
Sold by
Cole Taylor Bank
Bought by
Belga Ferdinand E and Belga Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,900
Interest Rate
8%
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 $350,000 First American Title
Warranty Deed $245,000 First American Mortgage Solu
Warranty Deed $190,500 None Available
Warranty Deed $250,000 1St American Title
Joint Tenancy Deed $176,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Previous Owner $254,297 VA
Previous Owner $253,026 VA
Previous Owner $253,085 VA
Previous Owner $142,875 New Conventional
Previous Owner $200,000 Unknown
Previous Owner $164,000 Unknown
Previous Owner $166,900 No Value Available
Closed $37,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $350,000 +3.0% $226 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $339,900 +38.7% $219 / Sq Ft
06/15/2018 06/15/18 Sold $245,000 0.0% $158 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $245,000 +28.6% $158 / Sq Ft
07/31/2013 07/31/13 Sold $190,500 -2.3% --
06/14/2013 06/14/13 Pending -- -- --
06/08/2013 06/08/13 For Sale $194,900 -- --
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 $6,327 $24,340 $4,425 $19,915
2023 $6,146 $24,340 $4,425 $19,915
2022 $6,146 $24,340 $4,425 $19,915
2021 $5,454 $19,536 $2,765 $16,771
2020 $5,436 $19,536 $2,765 $16,771
2019 $5,843 $23,117 $2,765 $20,352
2018 $5,076 $19,063 $2,489 $16,574
2017 $5,000 $19,063 $2,489 $16,574
2016 $4,920 $19,063 $2,489 $16,574
2015 $4,837 $17,642 $2,212 $15,430
2014 $4,803 $17,642 $2,212 $15,430
2013 $5,801 $18,664 $2,212 $16,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12322721

Midwest Real Estate Data (MRED)

APN: 02-24-203-044-1216