NOT LISTED FOR SALE

Estimated Value: $581,000 - $719,000

5 Beds
2.5 Baths
2,563 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $545,000 $213 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,642/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Landscaped Professionally
  • Property is near a park
  • Palatine High School Rated A
  • Deck
  • Vaulted Ceiling

About This Home

As of April 2022

Stunning recent updates make this the home of your dreams! Over $60k in improvements including all windows, sliding patio door, SS appliances, bamboo hardwood floors, kitchen cabinets plus half bath and laundry room upgrades. Open floor plan, high ceilings, 4 bedrooms up plus 1st floor office/bedroom & 2.5 baths. Large unfinished lower level is ready for your touch. The gracious front porch leads into a large foyer with custom staircase. The dining room flows to the kitchen thru the handy butler pantry. White cabinets with granite counters and large island with stools overlooks spacious family room, where a gas log FP & built-in entertainment center make it perfect for gathering your family and friends. Other upgrades include crown moldings, 2 etched glass doors & display niches in living room. Master suite has sitting area and adjoining spa bath with double sink vanity, soaker tub, separate shower & huge walk-in closet. Large yard has mature plantings, raised hardscaping, quiet deck area & side fence for privacy. Near award-winning schools, parks, bike trail, golf course, riding stable and train station. Nothing to do but move in!

Last Agent to Sell the Property

Sue Gould

Berkshire Hathaway HomeServices Starck Real Estate License #471006015 Listed on: 02/10/2022

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Dominic Caruso

MisterHomes Real Estate License #471000779

MisterHomes Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,902

Year Built

  • Built in 1997

Lot Details

  • 10,189 Sq Ft Lot
  • Lot Dimensions are 100 x 115 x 79 x 116
  • Landscaped Professionally
  • Paved or Partially Paved Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,563 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Double Pane Windows
  • Tilt-In Windows
  • Blinds
  • Window Screens
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Down Draft Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space

Home Security

  • Home Security System
  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near a park

Schools

  • Lincoln Elementary School
  • Walter R Sundling Junior High Sc
  • Palatine High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator
  • Lake Michigan Water
  • Satellite Dish
  • Cable TV Available

Community Details

  • Property Manager Association, Phone Number (847) 668-9627
  • Silver Lake Estates Subdivision, Rhapsody Floorplan
  • Property managed by Silver Lakes HOA

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,902

Year Built

Built in 1997

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Silver Lake Estates
  • Year Built: 1997
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Down Draft
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Laundry, Walk-In Closet(s), Some Carpeting, Granite Counters, Separate Dining Room
  • LivingArea: 2563
  • Other Equipment: TV-Cable, TV-Dish, Security System, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;, Generator
  • Room Type: Bedroom 5, Eating Area, Pantry, Walk In Closet
  • Estimated Total Finished Sq Ft: 2563
  • Basement Description: Unfinished,Crawl
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2563
  • Basement Sq Ft: 1000
  • Fireplace Location: Family Room
  • Total Sq Ft: 3563
  • Unfinished Basement Sq Ft: 1000
  • Upper Level Sq Ft: 1200
  • Main Level Sq Ft: 1363
  • Door Features: Sliding Doors,Storm Door(s),6 Panel Door(s)
  • Window Features: Blinds,Double Pane Windows,Screens,Some Tilt-In Windows

Exterior Features

  • ExteriorFeatures: Deck, Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 525000
  • Lot Features: Landscaped
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup, In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Silver Lakes HOA
  • Management Contact Name: Property Manager
  • Management Phone: 847-668-9627
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Junior High Sc
  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2339
  • Lot Dimensions: 100 X 115 X 79 X 116
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9901.87
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 23, 2022
Sold by
Allen Kevin C and Allen Kathleen L
Bought by
Ivaliotes Matthew and Ivaliotes Kristy
Seller's Agent
Sue Gould
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Dominic Caruso
MisterHomes Real Estate
List Price
$525,000
Sold Price
$545,000
Premium/Discount to List
$20,000
3.81%
Current Estimated Value
$645,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,459
Avg. Annual Appreciation
5.13%
Original Mortgage
$489,000
Outstanding Balance
$456,837
Interest Rate
3.75%
Mortgage Type
Balloon
Estimated Equity
$188,622

Purchase Details

Closed on
May 9, 1997
Sold by
Sundance Holdings Inc
Bought by
Allen Kevin C and Allen Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
8.05%
Source: Public Records

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 Buyer Sale Price Title Company
Ivaliotes Matthew $545,000 --
Ivaliotes Matthew $545,000 --
Allen Kevin C $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivaliotes Matthew $489,000
Closed Ivaliotes Matthew $489,000
Previous Owner Allen Kevin C $30,500
Previous Owner Allen Kevin C $222,932
Previous Owner Allen Kevin $226,000
Previous Owner Allen Kevin C $15,000
Previous Owner Allen Kevin C $238,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $545,000 +3.8% $213 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $525,000 -- $205 / 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 $13,229 $48,000 $5,094 $42,906
2023 $11,984 $48,000 $5,094 $42,906
2022 $11,984 $48,000 $5,094 $42,906
2021 $9,919 $36,535 $12,735 $23,800
2020 $9,902 $36,535 $12,735 $23,800
2019 $9,937 $40,822 $12,735 $28,087
2018 $13,895 $50,897 $11,206 $39,691
2017 $14,489 $50,897 $11,206 $39,691
2016 $13,723 $50,897 $11,206 $39,691
2015 $13,119 $45,322 $10,188 $35,134
2014 $12,976 $45,322 $10,188 $35,134
2013 $12,627 $45,322 $10,188 $35,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11322019

Midwest Real Estate Data (MRED)

APN: 02-10-201-034-0000