NOT LISTED FOR SALE

313 E Forest Knoll Dr Palatine, IL 60074

Estimated Value: $328,000 - $368,000

3 Beds
2.5 Baths
1,695 Sq Ft
$202/Sq Ft Est. Value

Last Sold July 22, 2024

Last sale price $321,000 $189 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,548/month

2 Days on Market

Highlights

  • Wood Burning Stove
  • 1 Car Attached Garage
  • Dogs and Cats Allowed
  • Palatine High School Rated A
  • Central Air

About This Home

As of July 2024

Charming 2-story, 3-bedroom Townhouse boasting 2.5 baths. Thoughtfully updated with newer windows, appliances, water heater, roof, and siding - all replaced within the last 8 years. Ideal blend of modern amenities and comfort awaits! Waiting on Pictures

Last Agent to Sell the Property

Danny McGovern

RE/MAX Properties Northwest License #475139477 Listed on: 06/21/2024

RE/MAX Properties Northwest

Co-Listed By

Brian Leahy

RE/MAX Properties Northwest License #475193029

Last Buyer's Agent

Danny McGovern

RE/MAX Properties Northwest License #475139477 Listed on: 06/21/2024

RE/MAX Properties Northwest

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,894

Year Built

  • Built in 1988

Lot Details

  • 2,396

HOA Fees

  • $247 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,695 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Living Room with Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include tv/cable, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Manager Association, Phone Number (847) 306-5272
  • Property managed by REALMANAGE

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,894

Year Built

Built in 1988

Lot Details

0

HOA Fees

$247 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Year Built: 1988
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • LivingArea: 1695
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 247
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: REALMANAGE
  • Management Contact Name: MANAGER
  • Management Phone: 847-306-5272
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: TV/Cable, Exterior Maintenance, Lawn Care, Snow Removal

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5894.16
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jul 10, 2024
Sold by
Fairbanks Cindy and Perna Cindy
Bought by
Handa Jitin and Makhija Pashmeena Arjun
Seller's Agent
Danny McGovern
RE/MAX Properties Northwest
Buyer's Agent
Danny McGovern
RE/MAX Properties Northwest
List Price
$325,000
Sold Price
$321,000
Premium/Discount to List
-$4,000
-1.23%
Views
1
Current Estimated Value
$342,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,458
Avg. Annual Appreciation
4.47%
Original Mortgage
$256,800
Outstanding Balance
$252,777
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$89,681

Purchase Details

Closed on
Sep 27, 2006
Sold by
Cobler Todd E
Bought by
Perna Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,900
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 2006
Sold by
Cobler Todd E and Cobler Melissa R
Bought by
Cobler Todd E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
6.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2004
Sold by
Vandalay Capital Management Llc
Bought by
Cobler Todd E and Cobler Melissa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 9, 2003
Sold by
Frankfurth Diana L
Bought by
Vandalay Capital Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 15, 1996
Sold by
State Bank Of Countryside
Bought by
Schury David and Schury Michelle
Source: Public Records
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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
Handa Jitin $321,000 None Listed On Document
Perna Cindy $249,000 Multiple
Cobler Todd E -- None Available
Cobler Todd E $235,000 Cti
Vandalay Capital Management Llc $190,000 Multiple
Vandalay Capital Management Llc $190,000 Multiple
Schury David $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Handa Jitin $256,800
Previous Owner Perna Cindy $198,900
Previous Owner Cobler Todd E $193,600
Previous Owner Cobler Todd E $47,000
Previous Owner Cobler Todd E $188,000
Previous Owner Vandalay Capital Management Llc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2024 07/23/24 For Sale $325,000 +1.2% $192 / Sq Ft
07/22/2024 07/22/24 Sold $321,000 -1.2% $189 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $325,000 -- $192 / 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
2025 $6,124 $27,000 $3,606 $23,394
2024 $6,124 $24,000 $4,000 $20,000
2023 $5,894 $24,000 $4,000 $20,000
2022 $5,894 $24,000 $4,000 $20,000
2021 $5,403 $19,967 $1,322 $18,645
2020 $5,395 $19,967 $1,322 $18,645
2019 $5,436 $22,385 $1,322 $21,063
2018 $5,102 $19,852 $1,202 $18,650
2017 $5,024 $19,852 $1,202 $18,650
2016 $4,921 $19,852 $1,202 $18,650
2015 $4,602 $17,600 $1,081 $16,519
2014 $4,562 $17,600 $1,081 $16,519
2013 $4,428 $17,600 $1,081 $16,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12091007

Midwest Real Estate Data (MRED)

APN: 02-02-301-085-0000