NOT LISTED FOR SALE

301 Longacres Ln Unit 3 Palatine, IL 60067

Creekside Neighborhood

Estimated Value: $682,387 - $751,000

4 Beds
3 Baths
2,172 Sq Ft
$328/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $595,000 $274 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,717/month

2 Days on Market

Highlights

  • Community Lake
  • Contemporary Architecture
  • Wooded Lot
  • Plum Grove Jr High School Rated A-
  • Property is near a park
  • Vaulted Ceiling

About This Home

As of June 2022

This spectacular sprawling contemporary ranch located in desirable Plum Grove Estates in award winning William Fremd High school is no like any other! Wait until you step into this inviting living room masterfully designed with vaulted wood panelled ceilings, exposed wood beams and floor to ceiling glass windows. This true one story ranch (no steps) have an open layout punctuated by a massive double sided stone fireplace. The renovated kitchen with all stainless steel appliances and a custom built eat -in area is perfect for gatherings. There are 4 generous bedrooms in the main floor with 2 full bathrooms. The finished lower level doubles the entire living space is completed with another bedroom, a living room, an full bathroom, a home office and more. Plum Grove Estates is a hidden gem in the Northwest Suburb secretly tucked away in unincorporated Palatine yet its minutes to Woodfield Mall, Highway 53, O-Hare Airport and more.

Last Agent to Sell the Property

Elizabeth Goodchild

Realty of America License #471009852 Listed on: 04/29/2022

Realty of America

Co-Listed By

Brad Reddington

Berkshire Hathaway HomeServices Starck Real Estate License #475197227

Last Buyer's Agent

David Schwabe

Compass License #475136522

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,690

Year Built

  • Built in 1958

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 125 x 165
  • Wooded Lot
  • Backs to Trees or Woods

Parking

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

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,172 Sq Ft Home
  • Built-In Features
  • Beamed Ceilings
  • Vaulted Ceiling
  • Double Sided Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Location

  • Property is near a park

Schools

  • Willow Bend Elementary School
  • Plum Grove Junior High School
  • Wm Fremd High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well

Community Details

  • Plum Grove Estates Subdivision
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,690

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary, Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Plum Grove Estates
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Double Sided
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features, Beamed Ceilings, Some Wood Floors
  • LivingArea: 2172
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 599900
  • Lot Features: Wooded, Backs to Trees/Woods
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar,Stone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 2
  • Number of Cars: 4
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, In Unit
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Willow Bend Elementary School
  • High School: Wm Fremd High School
  • Middle/Junior School: Plum Grove Junior High School
  • Middle/Junior School District: 15

Lot Info

  • Lot Size Acres: 0.474
  • Lot Dimensions: 125 X 165
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10690
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2018
Sold by
Gearhart David
Bought by
Gearhart David and Gearhart Mary Ellen
Current Estimated Value
$682,877

Purchase Details

Closed on
Aug 4, 2004
Sold by
Mckinney David C and Mckinney Wendy B
Bought by
Gearhart David and Gearhart Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
3.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Gearhart David -- Attorney
Gearhart David $525,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gearhart David $50,000
Open Gearhart David $287,796
Closed Gearhart David $314,000
Closed Gearhart David $340,000
Closed Gearhart David $344,000
Previous Owner Mckinney David C $200,000
Previous Owner Mckinney David C $250,000
Previous Owner Mckinney David C $250,000
Previous Owner Mckinney David C $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 Sold $595,000 -0.8% $274 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $599,900 -- $276 / 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 $11,738 $44,000 $11,356 $32,644
2023 $11,300 $44,000 $11,356 $32,644
2022 $11,300 $44,000 $11,356 $32,644
2021 $10,837 $38,231 $7,226 $31,005
2020 $10,690 $38,231 $7,226 $31,005
2019 $10,656 $42,717 $7,226 $35,491
2018 $9,908 $37,618 $6,710 $30,908
2017 $9,722 $37,618 $6,710 $30,908
2016 $9,289 $37,618 $6,710 $30,908
2015 $10,504 $39,247 $6,194 $33,053
2014 $10,373 $39,247 $6,194 $33,053
2013 $10,032 $39,247 $6,194 $33,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11388853

Midwest Real Estate Data (MRED)

APN: 02-35-309-003-0000