261 N Fremont St Palatine, IL 60067
Downtown Palatine Neighborhood
4
Beds
2.5
Baths
2,482
Sq Ft
7,362
Sq Ft Lot
Highlights
- Deck
- Property is near a park
- Breakfast Room
- Palatine High School Rated A
- Wood Flooring
- 2 Car Detached Garage
About This Home
As of December 2024This vintage gem on a quiet tree-lined street in the heart of downtown Palatine is the one you've been waiting for! Featuring timeless architectural details including beautiful hardwood floors, arched doorways and brick exterior with many updates today's buyers want including a gorgeous updated eat-in kitchen and newer premium Andersen windows installed throughout the home. On the main floor you will find a cozy family room and dining room perfect for entertaining. Tons of west facing windows means you'll be flooded with beautiful natural light all afternoon. A main floor bedroom and full bath is perfect for those who don't want to do stairs. The show stopping kitchen has been completely remodeled, featuring new cabinets, granite countertops, stainless steel appliances, beverage fridge and large breakfast nook. Up the stairs and you will find three bedrooms with hardwood floors and more closet space than is typical of this era home. The sloped ceilings add cozy charm while maximizing floor space blending Cape Cod character with modern comfort. The recently finished basement featuring vinyl plank floors and recessed lighting offers a comfortable family room or media area. With ample storage and a full laundry room, this finished basement is designed to maximize functionality and space. The real gem of this home, however, is the location. Fremont is a quiet street just blocks from the Metra, restaurants and shops of downtown Palatine. Across the street is a playground, football and baseball fields and the community center. You can watch the 4th of July fireworks from your front yard and walk two blocks to watch the parade. Three elementary schools (1 public, 2 private) are within walking distance and Fremont Street features the best block party in all of Palatine! Homes on this street are rarely for sale because the neighbors love it so much. The sellers are moving only a few houses down the block!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475193619 Listed on: 10/24/2024
Last Buyer's Agent
Berkshire Hathaway HomeServices Starck Real Estate License #475138091
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,380
Year Built
- Built in 1930
Lot Details
- Lot Dimensions are 62x122
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,482 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Breakfast Room
- Dining Room
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Schools
- Gray M Sanborn Elementary School
- Walter R Sundling Middle School
- Palatine High School
Utilities
- SpacePak Central Air
- Baseboard Heating
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Deck
- Property is near a park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2024
Closed on
Dec 9, 2024
Sold by
Chirello Mark and Chirello Kerry
Bought by
Sehgal Rohit and Sehgal Carolyn
Seller's Agent
Jennifer Lussow
@properties Christie's International Real Estate
Buyer's Agent
Sandy A'Costa
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
73
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,063
Avg. Annual Appreciation
3.93%
Original Mortgage
$483,312
Outstanding Balance
$481,463
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$31,612
Purchase Details
Closed on
Jul 3, 2017
Sold by
Ayers Charles E
Bought by
Chirello Mark and Chirello Kerry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,200
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 3, 2006
Sold by
Ayers Charles E and Ayers Diane S
Bought by
Ayers Charles E and Ayers Diane S
Purchase Details
Closed on
May 22, 1998
Sold by
Bateman Rolley C and Bateman Annette A
Bought by
Ayers Charles E and Collyer Diane S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
7.27%
Purchase Details
Closed on
May 20, 1997
Sold by
Bateman Annette A
Bought by
Bateman Rolley C and Bateman Annette A
Similar Homes in Palatine, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | None Listed On Document | |
| Deed | $368,000 | Premier Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $227,500 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $483,312 | New Conventional | |
| Previous Owner | $331,200 | New Conventional | |
| Previous Owner | $160,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $170,000 | Unknown | |
| Previous Owner | $182,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/12/2024 12/12/24 | Sold | $500,000 | -4.8% | $201 / Sq Ft |
| 11/05/2024 11/05/24 | Pending | -- | -- | -- |
| 10/24/2024 10/24/24 | For Sale | $525,000 | -- | $212 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $9,380 | $35,000 | $4,428 | $30,572 |
| 2023 | $9,045 | $35,000 | $4,428 | $30,572 |
| 2022 | $9,045 | $35,000 | $4,428 | $30,572 |
| 2021 | $6,431 | $23,132 | $2,583 | $20,549 |
| 2020 | $6,408 | $23,132 | $2,583 | $20,549 |
| 2019 | $6,404 | $25,760 | $2,583 | $23,177 |
| 2018 | $7,275 | $23,410 | $2,398 | $21,012 |
| 2017 | $6,108 | $23,410 | $2,398 | $21,012 |
| 2016 | $5,930 | $23,410 | $2,398 | $21,012 |
| 2015 | $5,639 | $20,977 | $2,214 | $18,763 |
| 2014 | $5,587 | $20,977 | $2,214 | $18,763 |
| 2013 | $5,426 | $20,977 | $2,214 | $18,763 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2024
Jennifer Lussow
@ Properties
(224) 522-2022
14 in this area
60 Total Sales
-
Buyer's Agent in 2024
Sandy A'Costa
Berkshire Hathaway HomeServices Starck Real Estate
(847) 707-1792
2 in this area
8 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12186952
APN: 02-14-304-027-0000
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 251 N Schiller St
- 338 N Benton St
- 154 N Fremont St
- 162 N Schubert St
- 307 N Schubert St
- 161 N Schubert St
- 104 N Plum Grove Rd Unit 406
- 104 N Plum Grove Rd Unit 203
- 241 N Brockway St
- 4 E Slade St
- 238 N Village Ct Unit 9
- 2 E Slade St
- 50 N Plum Grove Rd Unit 202E
- 50 N Plum Grove Rd Unit 703E
- 124 W Colfax St Unit 301
- 111 E Palatine Rd
- 87 W Station St
- 204 E Parallel St
- 55 S Hale St Unit 403
- 59 S Hale St Unit 402