31 E Forest Ln Palatine, IL 60067
Creekside Neighborhood
4
Beds
2.5
Baths
2,215
Sq Ft
0.45
Acres
Highlights
- Deck
- Family Room with Fireplace
- Whirlpool Bathtub
- Plum Grove Jr High School Rated A-
- Ranch Style House
- Granite Countertops
About This Home
As of December 2024Welcome to 31 E. Forest Lane, a distinctive California-style ranch nestled in the prestigious Forest Estates, within the award-winning Fremd High School district. This home combines style, space, and serenity, offering the perfect canvas to create your dream lifestyle. Boasting 4 spacious bedrooms and 2.5 baths, this light-filled residence is designed for both comfort and entertaining. The heart of the home is the expansive great room, featuring vaulted ceilings and large windows that invite natural light and offer stunning views of the wooded surroundings. Whether hosting gatherings or enjoying quiet evenings, this space is truly versatile. The kitchen is a chef's delight, with gleaming granite countertops, ample cabinetry,. Adjacent to the kitchen, the dining/family room area offers a warm and inviting gathering spot. Situated on nearly half an acre of lush, wooded land, the outdoor space is equally impressive. A circular driveway adds elegance and convenience, while the expansive yard provides endless opportunities for outdoor living. With its combination of charm, location, and opportunity, 31 E. Forest Lane is ready to be transformed into your forever home. Don't miss the chance to make this one-of-a-kind property yours!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,427
Year Built
- Built in 1962
Lot Details
- 0.45 Acre Lot
- Lot Dimensions are 162x123
HOA Fees
- $3 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Asphalt Roof
Interior Spaces
- 2,215 Sq Ft Home
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Combination Dining and Living Room
- Laundry Room
Kitchen
- Built-In Oven
- Cooktop
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Whirlpool Bathtub
- Separate Shower
Outdoor Features
- Deck
- Patio
- Shed
Schools
- Willow Bend Elementary School
- Plum Grove Middle School
- Wm Fremd High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Well
Community Details
- Forest Estates Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2024
Closed on
Dec 20, 2024
Sold by
Durai Evielvin S and Raghavan Malathi
Bought by
Bulat Laura M
Seller's Agent
Roberta Young
Compass
Buyer's Agent
Kim Alden
Compass
List Price
$455,000
Sold Price
$500,079
Premium/Discount to List
$45,079
9.91%
Views
46
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
$27,932
Avg. Annual Appreciation
9.11%
Original Mortgage
$457,875
Outstanding Balance
$454,786
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$76,754
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,500 | None Listed On Document | |
| Warranty Deed | $500,500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $457,875 | FHA | |
| Closed | $457,875 | FHA | |
| Previous Owner | $252,000 | New Conventional | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $103,000 | Unknown | |
| Previous Owner | $192,520 | Unknown | |
| Previous Owner | $97,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2024 12/20/24 | Sold | $500,079 | +9.9% | $226 / Sq Ft |
| 11/24/2024 11/24/24 | Pending | -- | -- | -- |
| 11/22/2024 11/22/24 | For Sale | $455,000 | +44.4% | $205 / Sq Ft |
| 08/19/2013 08/19/13 | Sold | $315,000 | 0.0% | $142 / Sq Ft |
| 06/10/2013 06/10/13 | Pending | -- | -- | -- |
| 06/07/2013 06/07/13 | For Sale | $315,000 | -- | $142 / 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 | $14,427 | $48,000 | $11,027 | $36,973 |
| 2023 | $13,921 | $48,000 | $11,027 | $36,973 |
| 2022 | $13,921 | $48,000 | $11,027 | $36,973 |
| 2021 | $11,909 | $36,772 | $7,017 | $29,755 |
| 2020 | $11,672 | $36,772 | $7,017 | $29,755 |
| 2019 | $11,614 | $41,087 | $7,017 | $34,070 |
| 2018 | $11,665 | $38,526 | $6,515 | $32,011 |
| 2017 | $11,420 | $38,526 | $6,515 | $32,011 |
| 2016 | $9,950 | $38,526 | $6,515 | $32,011 |
| 2015 | $10,151 | $36,586 | $6,014 | $30,572 |
| 2014 | $10,023 | $36,586 | $6,014 | $30,572 |
| 2013 | $10,432 | $36,586 | $6,014 | $30,572 |
Source: Public Records
Agents Affiliated with this Home
-
Roberta Young
Seller's Agent in 2024
Roberta Young
Compass
(847) 809-8744
1 in this area
36 Total Sales
-
Kim Alden
Buyer's Agent in 2024
Kim Alden
Compass
(847) 254-5757
10 in this area
1,506 Total Sales
-
Donna Miller
Seller's Agent in 2013
Donna Miller
@ Properties
(847) 894-8988
11 in this area
33 Total Sales
-
Jon Johnson Global
Buyer's Agent in 2013
Jon Johnson Global
Berkshire Hathaway HomeServices Starck Real Estate
(847) 271-7123
99 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12215137
APN: 02-35-106-002-0000
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