248 W Fairview Way Unit 4 Palatine, IL 60067
Downtown Palatine NeighborhoodEstimated payment $3,411/month
Highlights
- Waterfront
- Loft
- Skylights
- Palatine High School Rated A
- Balcony
- Walk-In Closet
About This Home
Luxury townhome with pond views! Open floor plan with granite kitchen, 42" maple cabinets, stainless appliances, tile backsplash, pantry & skylight. Living/dining room features fireplace & sliders to deck overlooking water. Vaulted primary suite with walk-in closet & spa bath. Second ensuite bedroom plus loft & laundry upstairs. Walkout lower level with full bath & walk-in closet-perfect 3rd bedroom or family room. Updates include new flooring, new water heater & custom blinds. Walk to train, shopping & dining!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $8,511
Year Built
- Built in 2005
HOA Fees
- $399 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Entry on the 1st floor
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 2,800 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Skylights
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Loft
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Home Security
Outdoor Features
- Balcony
- Patio
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Accessible Hallway
- Waterfront
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include insurance, exterior maintenance, lawn care, snow removal
- 7 Units
- Mperial Association, Phone Number (847) 757-7171
- Palatine Commons Subdivision
- Property managed by Mperial
Pet Policy
- Dogs and Cats Allowed
Security
- Carbon Monoxide Detectors
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,511 | $34,717 | $6,499 | $28,218 |
| 2023 | $8,963 | $34,717 | $6,499 | $28,218 |
| 2022 | $8,963 | $34,717 | $6,499 | $28,218 |
| 2021 | $8,571 | $29,722 | $2,160 | $27,562 |
| 2020 | $8,516 | $29,722 | $2,160 | $27,562 |
| 2019 | $8,509 | $33,099 | $2,160 | $30,939 |
| 2018 | $8,924 | $32,150 | $1,944 | $30,206 |
| 2017 | $9,802 | $32,150 | $1,944 | $30,206 |
| 2016 | $8,408 | $32,150 | $1,944 | $30,206 |
| 2015 | $8,233 | $29,418 | $1,782 | $27,636 |
| 2014 | $8,149 | $29,418 | $1,782 | $27,636 |
| 2013 | $7,923 | $29,418 | $1,782 | $27,636 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/15/2025 11/15/25 | Pending | -- | -- | -- | |
| 11/05/2025 11/05/25 | Price Changed | $436,000 | -1.8% | $156 / Sq Ft | |
| 10/10/2025 10/10/25 | For Sale | $444,000 | +38.2% | $159 / Sq Ft | |
| 04/29/2016 04/29/16 | Sold | $321,200 | -2.3% | $115 / Sq Ft | View Prior Sale |
| 03/17/2016 03/17/16 | Pending | -- | -- | -- | |
| 03/10/2016 03/10/16 | Price Changed | $328,900 | -0.3% | $117 / Sq Ft | |
| 02/26/2016 02/26/16 | Price Changed | $329,999 | -2.9% | $118 / Sq Ft | |
| 02/08/2016 02/08/16 | For Sale | $339,999 | -- | $121 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $317,500 | Fidelity Natonal Title | |
| Warranty Deed | $482,250 | Fidelity National Title | |
| Special Warranty Deed | $235,000 | Attorneys Title Guaranty Fun | |
| Legal Action Court Order | -- | None Available | |
| Warranty Deed | $391,000 | Ticor | |
| Warranty Deed | $391,000 | Ticor |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $115,000 | New Conventional | |
| Previous Owner | $312,700 | Unknown |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12485680
APN: 02-15-209-071-0000
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