305 S Lancelot Ln Unit 601802 Palatine, IL 60074
Estimated Value: $346,585 - $354,000
2
Beds
2.5
Baths
1,600
Sq Ft
$216/mo
HOA Fee
Highlights
- Loft
- 2 Car Attached Garage
- Central Air
- Winston Campus Elementary School Rated A-
About This Home
As of June 2024WELL MAINTAINED 2 BEDROOM PLUS LOFT (THAT CAN BE CONVERTED TO AS A THIRD BEDROOM) TOWNHOUSE! NOTHING TO DO BUT MOVE RIGHT IN! SOARING TWO STORY CEILINGS IN LIVING ROOM WITH BEAUTIFUL OAK MANTLE FIREPLACE. TONS OF NATURAL LIGHT, KITCHEN WITH ALL THE APPLIANCES And 2 PANTRIES, WOOD LAMINATED FLOOR ON FIRST LEVEL. MASTER BED WITH PRIVATE BATH AND DOUBLE SINKS,THIRD BEDROOM/LOFT/DEN. OAK TRIM THROUGHOUT THE HOME. EXCELLENT LOCATION CLOSE TO PARKS, SCHOOLS, SHOPPING,METRA, O'HARE AIRPORT, EXPRESSWAYS. ROUTE 355,290,53 ARE CLOSE BY. A MUST SEE HOME IN PRICE RANGE!
Last Agent to Sell the Property
ARNI Realty Incorporated License #475136431 Listed on: 04/24/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,382
Year Built
- Built in 1996
Lot Details
- 30
HOA Fees
- $216 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Included in Price
Interior Spaces
- 1,600 Sq Ft Home
- 2-Story Property
- Loft
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include exterior maintenance, lawn care, snow removal
- 4 Units
- Foster Premier Association
- Property managed by COVENTRY PARK CONDOMINIUM ASSOCIATION
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2024
Closed on
May 30, 2024
Sold by
Nandhini Ramprassad M and Nandhini Ramp
Bought by
Tuttle Luke O
Seller's Agent
Mamta Bhasin
ARNI Realty Incorporated
Buyer's Agent
Marina Jacobson
Berkshire Hathaway HomeServices Chicago
List Price
$335,000
Sold Price
$333,000
Premium/Discount to List
-$2,000
-0.6%
Total Days on Market
1
Views
35
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
$18,146
Avg. Annual Appreciation
5.45%
Original Mortgage
$233,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 16, 2022
Sold by
Rangasamy Ramprasad and Rangasamy Nandhini
Bought by
Ramprasad M Rangasamy And Nandhini Ramprasad
Purchase Details
Closed on
Feb 24, 2003
Sold by
Ziemann Eric W and Ziemann Camille A
Bought by
Rangasamy Ramprasad and Ramprasad Nandhini
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 19, 2001
Sold by
Wong Joseph
Bought by
Ziemann Eric W and Ziemann Camille A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,800
Interest Rate
7.03%
Purchase Details
Closed on
Feb 22, 2000
Sold by
Hud
Bought by
Wong Joseph
Purchase Details
Closed on
May 22, 1995
Sold by
Cole Taylor Bank
Bought by
Klinger Mark A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,650
Interest Rate
8.26%
Mortgage Type
FHA
Similar Homes in Palatine, IL
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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 |
|---|---|---|---|
| Tuttle Luke O | $333,000 | None Listed On Document | |
| Ramprasad M Rangasamy And Nandhini Ramprasad | -- | None Listed On Document | |
| Rangasamy Ramprasad | $225,000 | -- | |
| Ziemann Eric W | $188,500 | -- | |
| Wong Joseph | -- | -- | |
| Klinger Mark A | $153,500 | Ticor Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tuttle Luke O | $226,694 | |
| Closed | Tuttle Luke O | $233,000 | |
| Previous Owner | Keller Sara G | $225,000 | |
| Previous Owner | Rangasamy Ramprasad | $180,000 | |
| Previous Owner | Rangasamy Ramprasad | $180,000 | |
| Previous Owner | Ziemann Eric W | $173,359 | |
| Previous Owner | Ziemann Eric W | $172,000 | |
| Previous Owner | Ziemann Eric W | $150,800 | |
| Previous Owner | Klinger Mark A | $146,650 | |
| Closed | Ziemann Eric W | $18,850 | |
| Closed | Rangasamy Ramprasad | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2024 06/10/24 | Sold | $333,000 | -0.6% | $208 / Sq Ft |
| 04/26/2024 04/26/24 | Pending | -- | -- | -- |
| 04/24/2024 04/24/24 | For Sale | $335,000 | 0.0% | $209 / Sq Ft |
| 07/28/2022 07/28/22 | Rented | $1,950 | 0.0% | -- |
| 07/19/2022 07/19/22 | For Rent | $1,950 | +22.3% | -- |
| 07/18/2022 07/18/22 | Under Contract | -- | -- | -- |
| 11/01/2017 11/01/17 | Rented | $1,595 | 0.0% | -- |
| 10/02/2017 10/02/17 | Price Changed | $1,595 | -10.1% | -- |
| 09/26/2017 09/26/17 | Price Changed | $1,775 | -2.7% | -- |
| 09/13/2017 09/13/17 | Price Changed | $1,825 | -1.4% | -- |
| 08/23/2017 08/23/17 | Price Changed | $1,850 | -2.6% | -- |
| 08/01/2017 08/01/17 | For Rent | $1,900 | -- | -- |
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 | $8,382 | $28,529 | $5,187 | $23,342 |
| 2023 | $8,382 | $28,529 | $5,187 | $23,342 |
| 2022 | $8,382 | $28,529 | $5,187 | $23,342 |
| 2021 | $7,707 | $22,899 | $3,241 | $19,658 |
| 2020 | $7,575 | $22,899 | $3,241 | $19,658 |
| 2019 | $8,042 | $27,095 | $3,241 | $23,854 |
| 2018 | $6,142 | $22,343 | $2,917 | $19,426 |
| 2017 | $6,046 | $22,343 | $2,917 | $19,426 |
| 2016 | $5,895 | $22,343 | $2,917 | $19,426 |
| 2015 | $5,816 | $20,679 | $2,593 | $18,086 |
| 2014 | $5,771 | $20,679 | $2,593 | $18,086 |
| 2013 | $5,982 | $21,876 | $2,593 | $19,283 |
Source: Public Records
Agents Affiliated with this Home
-
Mamta Bhasin
M
Seller's Agent in 2024
Mamta Bhasin
ARNI Realty Incorporated
(847) 275-4501
5 Total Sales
-
Marina Jacobson
Buyer's Agent in 2024
Marina Jacobson
Berkshire Hathaway HomeServices Chicago
(847) 361-5605
96 Total Sales
-
Avani Kochar
Seller's Agent in 2022
Avani Kochar
ARNI Realty Incorporated
(847) 668-7879
2 Total Sales
-
Jenny To
Buyer's Agent in 2022
Jenny To
The McDonald Group
(847) 809-1688
3 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12037555
APN: 02-24-203-044-1061
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