NOT LISTED FOR SALE

261 S Lancelot Ln Unit 301002 Palatine, IL 60074

Estimated Value: $360,000 - $375,000

3 Beds
3 Baths
1,600 Sq Ft
$228/Sq Ft Est. Value

Last Sold September 12, 2014

Last sale price $225,000 $141 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,743/month

13 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Stainless Steel Appliances
  • Winston Campus Elementary School Rated A-
  • Wood Flooring
  • Attached Garage

About This Home

As of September 2014

Beautiful, Bright & Well Maintained 2- story, 3BR, 21/2 Bath Townhome located just under 11/2 mi to the Metra Station. 18' ceilings, 12x12 tile flooring on main Level. Kitch has newer SS appliances, eat-in area & breakfast bar. Gorgeous hardwood stairs leading up to 2nd level hardwood floors. Master Suite has Dbl sinks, full bath & WIC. BR 2 also has a nice size WIC. 2nd level Laundry Rm. 6.7mi to Woodfield Mall.

Last Agent to Sell the Property

Bart Sitzberger

Listed on: 07/16/2014

Last Buyer's Agent

Francois Moret

Real 1 Realty License #475142613

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,325

Year Built

  • 1995

Lot Details

  • East or West Exposure
  • Landscaped Professionally

HOA Fees

  • $163 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Entrance Foyer
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,325

Year Built

1995

Lot Details

0

HOA Fees

$163 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Train
  • Unit Floor Level: 1
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1995
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1995

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 2nd Floor Laundry, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 13X14, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: TV-Dish, CO Detectors, Ceiling Fan
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 6X7, On Level: 2nd Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 8X13, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Dimensions: 8X18, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 10X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Foyer, Dimensions: 7X10, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 10X13, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1600
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens
  • Exposure: W (West)

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 163
  • Management Contact Name: Manager
  • Management Phone: 847-459-1222

Fee Information

  • Management Company: Foster Premier

Schools

  • School District: 211
  • Elementary School: WINSTON CAMPUS-ELEMENTARY
  • Middle School: WINSTON CAMPUS-JUNIOR HIGH
  • High School: PALATINE HIGH SCHOOL
  • Junior High Dist: 15
  • Other Public School: Harper College

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Landscaped Professionally
  • Parcel Identification Number: 02242030441028

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 4983.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2014
Closed on
Sep 6, 2014
Sold by
Jovanovic Dragan and Jovanovic Radica
Bought by
Degrande Anthony and Degrande Heidi
Seller's Agent
Bart Sitzberger
Buyer's Agent
Francois Moret
Real 1 Realty
List Price
$234,900
Sold Price
$225,000
Premium/Discount to List
-$9,900
-4.21%
Current Estimated Value
$364,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,365
Avg. Annual Appreciation
4.30%
Original Mortgage
$213,750
Outstanding Balance
$165,805
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$191,511

Purchase Details

Listed on
May 17, 2013
Closed on
Jul 2, 2013
Sold by
Grantcharov Ivaylo E and Grantcharov Maya P
Bought by
Jovanovic Dragan and Jovanovic Radica
Seller's Agent
Celeste Barr
eXp Realty
Buyer's Agent
Bart Sitzberger
List Price
$199,900
Sold Price
$192,000
Premium/Discount to List
-$7,900
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.65%
Original Mortgage
$153,600
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2003
Sold by
Grantcharov Ivaylo E and Doncheva Maya P
Bought by
Grantcharov Ivaylo E and Doncheva Maya P

Purchase Details

Closed on
Nov 22, 2002
Sold by
Friberg Jill M
Bought by
Grantcharov Ivaylo E and Doncheva Maya P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,200
Interest Rate
6.13%

Purchase Details

Closed on
Feb 9, 1995
Sold by
Cole Taylor Bank
Bought by
Friberg Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,700
Interest Rate
8.25%
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
Degrande Anthony $225,000 First American Title
Jovanovic Dragan $192,000 First American Title
Grantcharov Ivaylo E -- Ticor Title Insurance
Grantcharov Ivaylo E $211,000 --
Friberg Jill M $145,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degrande Anthony $213,750
Closed Degrande Anthony $213,750
Previous Owner Jovanovic Dragan $153,600
Previous Owner Grantcharov Ivaylo E $200,200
Previous Owner Friberg Jill M $38,000
Previous Owner Friberg Jill M $115,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold $225,000 -4.2% $141 / Sq Ft
07/29/2014 07/29/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $234,900 +22.3% $147 / Sq Ft
07/15/2013 07/15/13 Sold $192,000 -4.0% $120 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $199,900 -- $125 / 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 $7,325 $24,340 $4,425 $19,915
2023 $7,151 $24,340 $4,425 $19,915
2022 $7,151 $24,340 $4,425 $19,915
2021 $6,575 $19,537 $2,765 $16,772
2020 $6,463 $19,537 $2,765 $16,772
2019 $6,861 $23,116 $2,765 $20,351
2018 $6,192 $19,063 $2,489 $16,574
2017 $6,076 $19,063 $2,489 $16,574
2016 $5,662 $19,063 $2,489 $16,574
2015 $5,682 $17,642 $2,212 $15,430
2014 $5,622 $17,642 $2,212 $15,430
2013 $4,983 $18,664 $2,212 $16,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08674134

Midwest Real Estate Data (MRED)

APN: 02-24-203-044-1028