NOT LISTED FOR SALE

244 S Elmwood Ave Palatine, IL 60074

Downtown Palatine Neighborhood

Estimated Value: $341,325 - $443,000

3 Beds
2 Baths
816 Sq Ft
$467/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $249,000 $305 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,606/month

8 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Detached Garage
  • Winston Campus Elementary School Rated A-
  • Recreation Room
  • Storage Room

About This Home

As of January 2015

SO MUCH CHARACTER IN THIS WELL-CARED FOR CHARMING BRICK HOME! UPDATED KITCHEN WITH CORIAN COUNTERTOPS AND OAK CABINETRY. NEUTRAL PAINT THROUGHOUT. KITCHEN DOOR OPENS UP TO HUGE WOOD DECK...PERFECT FOR ENTERTAINING! BEAUTIFUL FINISHED BASEMENT WITH FAMILY ROOM AND SEPARATE SPACE THAT COULD BE USED AS AN OFFICE! GREAT LOCATION...CLOSE TO 53, METRA AND SHOPPING! INCLUDES HOME WARRANTY!

Last Agent to Sell the Property

Cheryl Adams

Coldwell Banker Real Estate Group License #475160402 Listed on: 11/26/2014

Coldwell Banker Real Estate Group

Last Buyer's Agent

Robert Macko

American International Realty License #475131759

American International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,408

Year Built

  • 1950

Lot Details

  • 0.25

Parking

  • Detached Garage
  • Gravel Driveway
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Recreation Room
  • Storage Room
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $6,642 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,408

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1950
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 20X11, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: TV-Cable, CO Detectors, Ceiling Fan, Sump Pump
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 12X8, On Level: Main Level, Flooring: Wood Laminate
  • Additional Rooms: Recreation Room, Storage
  • Master Bedroom: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Recreation Rm, Dimensions: 13X13, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Storage, Dimensions: 9X9, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 3: Dimensions: 13X11, On Level: Main Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 816
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X17, On Level: Basement, Flooring: Carpet, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.25

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Gravel
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 211
  • High School: PALATINE HIGH SCHOOL
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 60X189
  • Parcel Identification Number: 02232150240000

Tax Info

  • Taxes: 5828

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2014
Closed on
Jan 30, 2015
Sold by
Tiiompson Jeffrey R and Thompson Sarah B
Bought by
Morris James and Morris Margaret
Seller's Agent
Cheryl Adams
Coldwell Banker Real Estate Group
Buyer's Agent
Robert Macko
American International Realty
List Price
$249,000
Sold Price
$249,000
Current Estimated Value
$381,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,081
Avg. Annual Appreciation
4.10%
Original Mortgage
$236,550
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2014
Sold by
Thompson Jeffrey R and Thompson Sarah B
Bought by
Thompson Jeffrey R and Thompson Sarah B

Purchase Details

Closed on
Feb 23, 2010
Sold by
Osullivan Mary E
Bought by
Thompson Sarah B and Thompson Jeffrey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,554
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 1996
Sold by
Fugsley & Lahaie Ltd
Bought by
Osullivan Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.99%

Purchase Details

Closed on
Nov 22, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Pugsley & Lahaie Ltd
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Morris James $249,000 Ct
Thompson Jeffrey R -- None Available
Thompson Sarah B $240,000 Multiple
Osullivan Mary E $165,000 Lawyers Title Insurance Corp
Pugsley & Lahaie Ltd $112,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris James $31,497
Open James Morris $221,200
Closed Morris James $236,550
Previous Owner Thompson Sarah B $235,554
Previous Owner Osullivan Mary E $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold $249,000 0.0% $305 / Sq Ft
12/04/2014 12/04/14 Pending -- -- --
11/26/2014 11/26/14 For Sale $249,000 -- $305 / 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 $6,408 $24,960 $6,804 $18,156
2023 $7,040 $28,000 $6,804 $21,196
2022 $7,040 $28,000 $6,804 $21,196
2021 $5,060 $18,911 $3,969 $14,942
2020 $5,058 $18,911 $3,969 $14,942
2019 $5,056 $21,060 $3,969 $17,091
2018 $5,593 $21,433 $3,685 $17,748
2017 $5,506 $21,433 $3,685 $17,748
2016 $5,369 $21,433 $3,685 $17,748
2015 $6,056 $22,333 $3,402 $18,931
2014 $5,999 $22,333 $3,402 $18,931
2013 $5,828 $22,333 $3,402 $18,931
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Adams

    Seller's Agent in 2015

    Cheryl Adams

    Coldwell Banker Real Estate Group

    (847) 877-2162

    93 Total Sales

    Cheryl Adams
    Section Image

  • R

    Buyer's Agent in 2015

    Robert Macko

    American International Realty

    (847) 401-5447

    15 Total Sales

    Robert Macko
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08793209

Midwest Real Estate Data (MRED)

APN: 02-23-215-024-0000

Illinois Cook County Palatine 60074 Downtown Palatine

244 S Elmwood Ave, Palatine, IL

This home is located at 244 S Elmwood Ave, Palatine, IL 60074 since 26 November 2014 and is currently estimated at $381,081, approximately $467 per square foot. This property was built in 1950. 244 S Elmwood Ave is a home located in Cook County with nearby schools including Winston Campus Elementary School, Palatine High School, and Immanuel Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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