Seller's Agent in 2024
Michael Mandile
Compass
(630) 546-0254
11 in this area
254 Total Sales
272 Longacres Ln Palatine, IL 60067
Creekside NeighborhoodEstimated Value: $740,957 - $794,000
3
Beds
4.5
Baths
3,300
Sq Ft
$234/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Mature Trees
- Workshop
- Plum Grove Jr High School Rated A-
- Granite Countertops
- Stainless Steel Appliances
About This Home
As of July 2024Welcome to 272 Longacres Ln, a world-class, Mies van der Rohe-inspired midcentury modern home nestled in Palatine's sought-after Plum Grove Estates. Meticulously renovated throughout w/ sleek designer finishes and top-of-the-line additions, this home features three levels of open concept living space w/ soaring ceilings, oversized bedrooms w/ custom closets, new floor-to-ceiling windows and doors, a fully renovated chefs kitchen w/ Bosch / Viking Appliances, custom Blum Cabinets, and fully renovated bathrooms that feature premium Moen / Toto Fixtures. Additional highlights include an oversized heated garage, an extended oversized driveway, multiple outdoor spaces, an attached annex with a full kitchen, bathroom, and bedroom, and a professionally landscaped oversized half-acre lot that boasts endless privacy and mature trees for year-round relaxation and entertainment. Enjoy a prime location just moments from O'Hare Airport, 53/90, Woodfield Mall, restaurants, shopping, Downtown Palatine/Downtown Arlington Heights, and much more! Plus, Plum Grove Jr. High and Fremd High School are in the area. This is truly a property unlike any other-set up a showing today!
Last Buyer's Agent
@properties Christie's International Real Estate License #475175559
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,283
Year Built
- Built in 1968 | Remodeled in 2018
Lot Details
- Paved or Partially Paved Lot
- Mature Trees
- Wooded Lot
HOA Fees
- $250 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Driveway
- Parking Space is Owned
Home Design
- Tar and Gravel Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,300 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Combination Dining and Living Room
- Workshop
Kitchen
- Range with Range Hood
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Potential Bedrooms
- In-Law or Guest Suite
- Bathroom on Main Level
- Dual Sinks
- Soaking Tub
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Balcony
- Patio
Schools
- Willow Bend Elementary School
- Wm Fremd High Middle School
- Wm Fremd High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Well
- Water Softener is Owned
Community Details
- Plum Grove Estates Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2024
Closed on
Jul 30, 2024
Sold by
Compound Squared Llc
Bought by
Olson Christopher N and Minta Kelly M
Seller's Agent
Michael Mandile
Compass
Buyer's Agent
Kaitlin Allen
@properties Christie's International Real Estate
List Price
$699,000
Sold Price
$735,000
Premium/Discount to List
$36,000
5.15%
Views
9
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
$37,239
Avg. Annual Appreciation
4.87%
Original Mortgage
$661,500
Outstanding Balance
$657,029
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$115,210
Purchase Details
Closed on
Feb 9, 2016
Sold by
Hornak Nancy
Bought by
Compound Squared Llc
Purchase Details
Listed on
Jul 1, 2015
Closed on
Nov 20, 2015
Sold by
Fannie Mae
Bought by
Hornak Nancy
Seller's Agent
Lucas Savitch
Parkvue Realty Corporation
Buyer's Agent
Joseph DeFrancesco
Dapper Crown
List Price
$419,900
Sold Price
$299,000
Premium/Discount to List
-$120,900
-28.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Purchase Details
Closed on
Feb 24, 2015
Sold by
Almgren Scott
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Apr 26, 2007
Sold by
Adams Christine
Bought by
Almgren Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
6.2%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Olson Christopher N | $735,000 | Greater Illinois Title | |
| Compound Squared Llc | -- | Accommodation | |
| Hornak Nancy | $299,000 | Attorney | |
| Federal National Mortgage Association | -- | None Available | |
| Almgren Scott | $510,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Olson Christopher N | $661,500 | |
| Previous Owner | Almgren Scott | $404,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2024 07/31/24 | Sold | $735,000 | +5.2% | $223 / Sq Ft |
| 07/08/2024 07/08/24 | Pending | -- | -- | -- |
| 07/08/2024 07/08/24 | For Sale | $699,000 | +133.8% | $212 / Sq Ft |
| 12/04/2015 12/04/15 | Sold | $299,000 | -9.4% | $98 / Sq Ft |
| 11/16/2015 11/16/15 | Pending | -- | -- | -- |
| 10/28/2015 10/28/15 | Price Changed | $329,900 | -3.5% | $108 / Sq Ft |
| 10/08/2015 10/08/15 | Price Changed | $342,000 | -7.5% | $112 / Sq Ft |
| 09/08/2015 09/08/15 | Price Changed | $369,900 | -7.5% | $122 / Sq Ft |
| 08/05/2015 08/05/15 | Price Changed | $399,900 | -4.8% | $131 / Sq Ft |
| 07/01/2015 07/01/15 | For Sale | $419,900 | -- | $138 / 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 | $12,983 | $45,000 | $12,698 | $32,302 |
| 2023 | $12,531 | $45,000 | $12,698 | $32,302 |
| 2022 | $12,531 | $45,000 | $12,698 | $32,302 |
| 2021 | $13,243 | $42,648 | $8,080 | $34,568 |
| 2020 | $12,979 | $42,648 | $8,080 | $34,568 |
| 2019 | $12,924 | $47,652 | $8,080 | $39,572 |
| 2018 | $13,109 | $45,224 | $7,503 | $37,721 |
| 2017 | $12,840 | $45,224 | $7,503 | $37,721 |
| 2016 | $11,961 | $45,224 | $7,503 | $37,721 |
| 2015 | $14,507 | $50,580 | $6,926 | $43,654 |
| 2014 | $14,304 | $50,580 | $6,926 | $43,654 |
| 2013 | $13,857 | $50,580 | $6,926 | $43,654 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Tim Lorimer
Compass
(630) 546-0254
9 in this area
283 Total Sales
-
Buyer's Agent in 2024
Kaitlin Allen
@properties Christie's International Real Estate
(847) 452-0105
1 in this area
129 Total Sales
-
L
Seller's Agent in 2015
Lucas Savitch
Parkvue Realty Corporation
-
Seller Co-Listing Agent in 2015
Bill Volpe
Parkvue Realty Corporation
(312) 493-4548
581 Total Sales
-
Buyer's Agent in 2015
Joseph DeFrancesco
Dapper Crown
(630) 702-9782
345 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12104314
APN: 02-35-308-005-0000
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