NOT LISTED FOR SALE

2025 Palmer Ln Libertyville, IL 60048

Estimated Value: $1,127,000 - $1,221,000

5 Beds
5 Baths
4,071 Sq Ft
$285/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $735,000 $181 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,962/month

309 Days on Market

Highlights

  • Landscaped Professionally
  • Property is near a park
  • Recreation Room
  • Oak Grove Elementary School Rated A
  • Property is adjacent to nature preserve
  • Wooded Lot

About This Home

As of March 2018

UNPARALLED CUSTOM HOME BACKING TO 80+ ACRES OF PEACEFUL FOREST PRESERVE! WALK TO AWARD WINNING, BLUE RIBBON OAK GROVE K-8 SCHOOL FROM THIS 5+ BEDROOM 4,100 SQ. FT. HOME WITH ALL THE PERKS YOU'RE LOOKING FOR. GRACIOUS FOYER WITH SOARING OAK STAIRCASE, FRENCH DOOR TO OFFICE WITH CATHEDRAL CEILING, DRAMATIC BEAMS AND WAINSCOATING. HUGE LIVING ROOM & DINING ROOM WITH CUSTOM MOLDINGS LEAD INTO THE BEAUTIFUL KITCHEN FEATURING ABUNDANT CHERRY CABINETS WITH DESK, BAR AREA AND SLIDER TO BRICK PATIO WITH PERGOLA. ARCHITECTURALLY APPEALING 2 STORY FIREPLACE IS THE CENTERPIECE OF THE AWESOME FAMILY ROOM WITH A WALL OF WINDOWS OVERLOOKING THE YARD FILLED WITH WONDERFUL PLANTINGS. LUXURY 1ST FLOOR MASTER SUITE AND 5th BR IS 2ND FLOOR MASTER SUITE. NURSERY, 3 OTHER BRS AND 3 BATHS COMPLETE THE EXPANSIVE 2ND FLOOR. FULL FINISHED BASEMENT WITH WET BAR AS THE FOCAL POINT, WORK OUT SPACE, WORK ROOM AND STORAGE. 3 CAR SIDE LOAD GARAGE AND LAUNDRY ROOM WITH BACK STAIRCASE. GRACIOUS & CHARMING-MOVE RIGHT IN

Last Agent to Sell the Property

Millie Kepler

Berkshire Hathaway HomeServices Chicago License #475080549 Listed on: 02/21/2017

Co-Listed By

Therese Schaefer

Berkshire Hathaway HomeServices Chicago License #475162457

Last Buyer's Agent

Brian Svrusis

Chase Real Estate LLC License #475141841

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,056

Year Built

  • 1995

Lot Details

  • Property is adjacent to nature preserve
  • Cul-De-Sac
  • East or West Exposure
  • Landscaped Professionally
  • Irregular Lot
  • Wooded Lot

HOA Fees

  • $17 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Shingle Roof

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Includes Fireplace Accessories
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Dining Area
  • Home Office
  • Workroom
  • Recreation Room
  • Play Room
  • Storage Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Brick Porch or Patio
  • Fire Pit

Location

  • Property is near a park

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,056

Year Built

1995

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 21-25 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 4.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1995
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 14
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Water-Softener Rented, Fire Sprinklers, Sump Pump, Backup Sump Pump;
  • Fireplace Details: Wood Burning, Gas Starter, Includes Accessories
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 22X09, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Eating Area, Foyer, Nursery, Office, Recreation Room, Storage, Walk In Closet, Workroom
  • Master Bedroom: Dimensions: 23X14, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: Office, Dimensions: 14X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 2 Name: Recreation Rm, Dimensions: 33X26, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 23X14, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 3 Name: Work Rm, Dimensions: 21X15, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 3: Dimensions: 17X14, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 4 Name: Nursery, Dimensions: 12X7, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 4: Dimensions: 16X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 5 Name: Foyer, Dimensions: 18X8, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 6 Name: Walk in Closet, Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 7 Name: Storage, Dimensions: 13X18, On Level: Basement, Flooring: Other, Windows: None
  • Additional Room 8 Name: 5th Bdrm, Dimensions: 27X19, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 9 Name: Eating Area, Dimensions: 16X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 4071
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X16, On Level: Main Level, Flooring: Hardwood, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: 1.0-1.99 Acres
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Patio, Brick Paver Patio, Storms/Screens, Fire Pit
  • Exposure: E (East)
  • Acreage: 0.92

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 400 Amp Service or Greater
  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 200
  • Management Contact Name: Kelly Henry
  • Management Phone: 630-897-0500

Fee Information

  • Management Company: Baum Property Management

Schools

  • School District: 128
  • Elementary School: OAK GROVE ELEMENTARY SCHOOL
  • Middle School: OAK GROVE ELEMENTARY SCHOOL
  • High School: LIBERTYVILLE HIGH SCHOOL
  • Junior High Dist: 68

Lot Info

  • Lot Dimensions: 85X223X44X317X198
  • Lot Description: Cul-de-sac, Nature Preserve Adjacent, Irregular, Landscaped Professionally, Wooded, Park Adjacent
  • Parcel Identification Number: 11142010070000

Tax Info

  • Taxes: 17914.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2017
Closed on
Feb 28, 2018
Sold by
Cotey Richard S and Cotey Carey L
Bought by
Schneible William A and Ballarini Donna
Seller's Agent
Millie Kepler
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Brian Svrusis
Chase Real Estate LLC
List Price
$799,900
Sold Price
$735,000
Premium/Discount to List
-$64,900
-8.11%
Current Estimated Value
$1,161,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,852
Avg. Annual Appreciation
6.67%
Original Mortgage
$661,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 1995
Sold by
Timberline Inc
Bought by
Cotey Richard S and Cotey Carey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.44%

Purchase Details

Closed on
Dec 2, 1994
Sold by
Middle Glen Company
Bought by
Timberline Inc
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
Schneible William A $735,000 Fort Dearborn Title
Cotey Richard S $460,000 --
Timberline Inc $125,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneible William A $664,800
Closed Schneible William A $661,500
Previous Owner Cotey Richard S $219,600
Previous Owner Cotey Richard S $225,000
Previous Owner Cotey Richard S $200,000
Previous Owner Cotey Richard S $250,000
Previous Owner Cotey Richard S $231,350
Previous Owner Cotey Richard S $150,000
Previous Owner Cotey Richard S $203,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $735,000 -8.1% $181 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $799,900 +8.8% $196 / Sq Ft
07/12/2017 07/12/17 Off Market $735,000 -- --
02/21/2017 02/21/17 For Sale $799,900 -- $196 / 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 $21,056 $284,555 $84,782 $199,773
2023 $19,528 $276,270 $82,314 $193,956
2022 $19,528 $257,091 $79,118 $177,973
2021 $18,777 $251,557 $77,415 $174,142
2020 $18,086 $247,327 $76,113 $171,214
2019 $17,854 $244,975 $75,389 $169,586
2018 $17,644 $283,503 $71,668 $211,835
2017 $19,038 $274,552 $69,405 $205,147
2016 $18,226 $260,312 $65,805 $194,507
2015 $17,889 $243,305 $61,506 $181,799
2014 $17,336 $235,336 $59,491 $175,845
2012 $17,145 $237,377 $60,007 $177,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09509969

Midwest Real Estate Data (MRED)

APN: 11-14-201-007