Seller's Agent in 2020
Daniel Drake
@ Properties
(847) 347-3484
5 in this area
171 Total Sales
261 W Fairview Way Palatine, IL 60067
Downtown Palatine NeighborhoodEstimated Value: $402,000 - $470,886
3
Beds
4
Baths
2,600
Sq Ft
$169/Sq Ft
Est. Value
Highlights
- Deck
- Vaulted Ceiling
- Loft
- Palatine High School Rated A
- Wood Flooring
- Attached Garage
About This Home
As of April 2020Welcome Home to this Simply Stunning Belmont Model in the highly sought after Palatine Commons!! This spacious 3 bedroom with 3 Full & 1 Half Bath, and a Loft is everything that you need. Complete with newer Hardwood Floors throughout the main level & large crown molding, enjoy relaxing with friends and family in your large Family Room with Fireplace. Newly updated, modern Kitchen (2017) with open layout, new cabinets, granite countertops and new stainless steel appliances! Master bedroom w/Vaulted Ceilings & Custom Closet plus additional walk in closet! Large 2nd bedroom with it's very own full bath! The Open loft with high ceilings is great for an office or could be finished to make a 3rd bedroom upstairs! Walkout Basement has Soundproof Suite/bedroom with its own Full Bath. Exterior includes both a brick pavers patio and outside deck! 2,800 SF Living Space! Whole House Water Filter, New Paint, New Deck, Recessed Canned Lighting throughout, Custom Blinds. Walk to Metra & Downtown Palatine! This is a must see! Neighborhood sells fast!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475132677 Listed on: 03/10/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $8,185
Year Built
- 2005
Lot Details
- 2,091
HOA Fees
- $345 per month
Parking
- Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Cedar
Interior Spaces
- Vaulted Ceiling
- Gas Log Fireplace
- Entrance Foyer
- Loft
- Wood Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Separate Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Finished Basement
- Exterior Basement Entry
- Finished Basement Bathroom
Eco-Friendly Details
- North or South Exposure
Outdoor Features
- Deck
- Brick Porch or Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
- $2,500 Seller Concession
Community Details
Amenities
- Common Area
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 18, 2025
Sold by
Jones Michael R and Jones Mary B
Bought by
Jones Living Trust and Jones
Total Days on Market
8
Current Estimated Value
Purchase Details
Listed on
Mar 10, 2020
Closed on
Apr 15, 2020
Sold by
Lacabellis Peter and Lacobellis Aneza
Bought by
Jones Michael R and Jones Mary B
Seller's Agent
Daniel Drake
@properties Christie's International Real Estate
Buyer's Agent
Beth Repta
Keller Williams Success Realty
List Price
$345,000
Sold Price
$340,000
Premium/Discount to List
-$5,000
-1.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$50,000
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 16, 2006
Sold by
Palatine Commons Llc
Bought by
Iacobellis Peter A and Iacobellis Aneza
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,600
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jones Living Trust | -- | None Listed On Document | |
| Jones Michael R | $340,000 | Attorneys Ttl Guaranty Fund | |
| Iacobellis Peter A | $396,500 | Ticor |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jones Michael R | $100,000 | |
| Previous Owner | Jones Michael R | $50,000 | |
| Previous Owner | Iacobellis Peter A | $75,000 | |
| Previous Owner | Iacobellis Peter | $247,200 | |
| Previous Owner | Iacobellis Peter A | $257,000 | |
| Previous Owner | Iacobellis Peter A | $259,000 | |
| Previous Owner | Iacobellis Peter A | $254,400 | |
| Previous Owner | Iacobellis Peter | $100,000 | |
| Previous Owner | Iacobellis Peter A | $305,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2020 04/24/20 | Sold | $340,000 | -1.4% | $131 / Sq Ft |
| 03/18/2020 03/18/20 | Pending | -- | -- | -- |
| 03/10/2020 03/10/20 | For Sale | $345,000 | -- | $133 / 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 | $8,185 | $32,000 | $6,500 | $25,500 |
| 2023 | $8,185 | $32,000 | $6,500 | $25,500 |
| 2022 | $8,185 | $32,000 | $6,500 | $25,500 |
| 2021 | $8,318 | $28,941 | $2,080 | $26,861 |
| 2020 | $8,266 | $28,941 | $2,080 | $26,861 |
| 2019 | $8,259 | $32,229 | $2,080 | $30,149 |
| 2018 | $8,627 | $31,196 | $1,872 | $29,324 |
| 2017 | $8,482 | $31,196 | $1,872 | $29,324 |
| 2016 | $8,137 | $31,196 | $1,872 | $29,324 |
| 2015 | $9,005 | $31,933 | $1,716 | $30,217 |
| 2014 | $8,913 | $31,933 | $1,716 | $30,217 |
| 2013 | $8,667 | $31,933 | $1,716 | $30,217 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Drake
-
Beth Repta
Buyer's Agent in 2020
Beth Repta
Keller Williams Success Realty
(847) 668-2384
7 in this area
404 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10662739
APN: 02-15-210-024-0000
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