NOT LISTED FOR SALE

Estimated Value: $422,000 - $441,604

2 Beds
3.5 Baths
3,037 Sq Ft
$143/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $356,500 $117 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,561/month

22 Days on Market

Highlights

  • Deck
  • Wetlands Adjacent
  • Wood Flooring
  • Palatine High School Rated A
  • Recreation Room
  • Granite Countertops

About This Home

As of November 2022

Put on your running shoes to get your tour of 278 W Fairview! Serene, Tranquil and IN TOWN 2 Bed & 3 and Half Bath Townhouse a short walk to Downtown Palatine (over 3K feet of ture living space). This address was one of the few PREMIUM lots overlooking the conservation area! A private entrance welcomes you to an oasis unto itself with three glorious living levels and TWO outdoor areas of mesmerizing beauty, ALL MAINTENANCE FREE! Modern Living Space on the main level with gorgeous hardwood floors covering Living Room Dining Room, Kitchen, Breakfast Area, Gas Fireplace and sizable half bath. Cook with ease on your SS appliances, ample granite counter space and coveted PANTRY! The views are stunning through two sliders leading to the newer TREX DECK and great space for AL FRESCO dining and grilling. The upper living level has two full bedroom suites and an oversized, vaulted ceiling loft for your dynamic needs; home office, sitting room or 3rd bedroom. The main suite is extra large with the desired ensuite bathroom with dual vanity, extra large soaking tub and separate shower. Amazing WIC closet space for all your seasonal clothes! Bedroom two is a true delight in size, boasting two closets, sitting area, connected bathroom access and stunning sunlight. Full second level laundry utility room features a full sized washer and dryer.. The lower level is simply amazing living space easily modified to bedroom with the BONUS full bathroom utility. Enjoy the conveniences of a wet bar, storage and sealed utility room. Direct access off the lower level leads you to your second OUTDOOR SPACE You are swept away by privacy and the soft sounds of nature. TWO CAR ATTACHED GARAGE, with double driveway space provides great home access year round and added storage and security. Easy ten minute walk to METRA, Restaurants, Shopping and Downtown Palatine. Everything you need for easy, spacious and FRESH living! A must see, this treasure will go quickly, WELCOME!

Last Agent to Sell the Property

Amy Philpott

Coldwell Banker Real Estate Group License #471022690 Listed on: 10/06/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Giannpaolo Viola

Coldwell Banker Realty License #475156866

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,334

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 25x38x3x58x22x96
  • Wetlands Adjacent

HOA Fees

  • $399 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,037 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Sliding Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Recreation Room
  • Loft
  • Sump Pump

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Dual Sinks
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Deck

Schools

  • Gray M Sanborn Elementary School
  • Walter R Sundling Junior High Sc
  • Palatine High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Gas Water Heater

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, exterior maintenance, lawn care, scavenger
  • 4 Units
  • Chrissy Ulrich Association, Phone Number (847) 806-6121
  • Property managed by Property Specialists

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,334

Year Built

Built in 2005

Lot Details

0

HOA Fees

$399 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-TriLevel
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-TriLevel
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Laundry Hook-Up in Unit, Some Carpeting, Some Window Treatmnt, Granite Counters
  • LivingArea: 3037
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Room Type: Balcony/Porch/Lanai, Foyer, Loft, Recreation Room
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 3037
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Garden Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 3037
  • Fireplace Location: Living Room
  • Total Sq Ft: 3037
  • Upper Level Sq Ft: 1209
  • Main Level Sq Ft: 897
  • Lower Level Sq Ft: 931
  • Door Features: Sliding Glass Door(s)
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 363000
  • Lot Features: Wetlands adjacent
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

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

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 399
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Property Specialists
  • Management Contact Name: Chrissy Ulrich
  • Management Phone: 847-806-6121
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Exterior Maintenance, Lawn Care, Scavenger

Schools

  • Elementary School: Gray M Sanborn Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Junior High Sc
  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X38X3X58X22X96
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 8334.22
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 23, 2022
Sold by
Solanki Neil J and Solanki Diana
Bought by
Belluomini Richard A and Broda Joseph C
Seller's Agent
Amy Philpott
Coldwell Banker Real Estate Group
Buyer's Agent
Giannpaolo Viola
Coldwell Banker Realty
List Price
$370,000
Sold Price
$356,500
Premium/Discount to List
-$13,500
-3.65%
Total Days on Market
22
Views
56
Current Estimated Value
$433,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,651
Avg. Annual Appreciation
8.07%
Original Mortgage
$285,200
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2007
Sold by
Palatine Commons Llc
Bought by
Solanki Neil J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,800
Interest Rate
6.49%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Belluomini Richard A $356,500 Saturn Title
Solanki Neil J $451,500 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belluomini Richard A $284,750
Closed Belluomini Richard A $285,200
Previous Owner Solanki Neil J $314,500
Previous Owner Solanki Neil J $358,800
Previous Owner Palatine Commons Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2022 11/29/22 Sold $356,500 -1.8% $117 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
10/13/2022 10/13/22 Price Changed $363,000 -1.9% $120 / Sq Ft
10/06/2022 10/06/22 For Sale $370,000 -- $122 / 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 $8,758 $34,000 $6,500 $27,500
2023 $8,758 $34,000 $6,500 $27,500
2022 $8,758 $34,000 $6,500 $27,500
2021 $8,387 $29,153 $2,119 $27,034
2020 $8,334 $29,153 $2,119 $27,034
2019 $8,327 $32,465 $2,119 $30,346
2018 $9,231 $33,140 $1,907 $31,233
2017 $9,075 $33,140 $1,907 $31,233
2016 $8,689 $33,140 $1,907 $31,233
2015 $9,219 $32,629 $1,748 $30,881
2014 $9,124 $32,629 $1,748 $30,881
2013 $8,873 $32,629 $1,748 $30,881
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11645587

Midwest Real Estate Data (MRED)

APN: 02-15-209-058-0000