NOT LISTED FOR SALE

Estimated Value: $361,000 - $399,000

2 Beds
1 Bath
1,375 Sq Ft
$274/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $312,000 $227 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,630/month

5 Days on Market

Highlights

  • Deck
  • Property is near a park
  • Workshop
  • Palatine High School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of May 2023

***HIGHEST & BEST BY THURSDAY 4/20/23 NOON*** Have you ever dreamed about living in one of Palatine's HISTORIC homes? This is your opportunity! This 1904 BUNGALOW is just blocks from the train station and all that downtown Palatine has to offer and is ready for its next owner! How fun will it be to watch the Memorial Day Parade from your huge front PORCH? And the large front windows let in beautiful natural light to the living room. All the CHARMING DETAILS you would expect to find in a VINTAGE home are here: built-in bookcase with custom decoration, matching window cornices, original hardwood floors, crown molding, etc. Unusual for a vintage home, both bedrooms have LARGE CLOSETS and the middle room, while no longer a bedroom, could be used as an office or kids' reading nook or converted back to a bedroom. KITCHEN has maple cabinetry and granite tile counters. Owners have taken care of lots of the big ticket items: WINDOWS, ELECTRIC panel, adding AIR CONDITIONING (newer HVAC), removing the boiler, radiator vents, cistern and coal room, waterproofing the basement, updating the PLUMBING (including adding a sewer clean out), and reinforcing support beams in the basement. The fully FENCED backyard is also a great living space, with a large deck, a fire pit, a quail house and beautiful plants such as hydrangea, rhododendron, magnolia and boxwood. Raised beds are waiting for your next crop of fruits and vegetables and the adorable SHED can store all your gardening supplies. There is even a maple tree that the owners have tapped for syrup! The BASEMENT has vinyl plank flooring and a room that could easily be converted into another bedroom - plus a 2nd bath has been plumbed out down there as well. There is also a modern day ROOT CELLAR with a climate control system. While there are some projects to tackle, with a little elbow grease and creativity this home will really shine! Sold "AS IS". Be sure to check out the interactive floorplan under the virtual tour! Showings start Saturday 4/15/23

Last Agent to Sell the Property

Shannon Kersemeier

Berkshire Hathaway HomeServices Starck Real Estate License #475176212 Listed on: 04/14/2023

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Heather Rizzo

Worth Clark Realty License #471019223

Worth Clark Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,745

Year Built

  • Built in 1904

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65x132
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 1.5 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Bungalow
  • Frame Construction
  • Asphalt Roof
  • Plaster

Interior Spaces

  • 1,375 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Historic or Period Millwork
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Replacement Windows
  • Tilt-In Windows
  • Panel Doors
  • Family Room
  • Living Room
  • Formal Dining Room
  • Workshop
  • Utility Room with Study Area
  • Wood Flooring
  • Unfinished Attic
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near a park

Schools

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,745

Year Built

Built in 1904

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1904
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Ceiling - 9 Foot, Historic/Period Mlwk, Separate Dining Room, Pantry, Plaster, Replacement Windows, Workshop Area (Interior)
  • LivingArea: 1375
  • Room Type: Pantry, Other Room, Study
  • Estimated Total Finished Sq Ft: 1375
  • Assessed Sq Ft: 1375
  • Basement Description: Partially Finished,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1375
  • Basement Sq Ft: 1273
  • Total Sq Ft: 2648
  • Attic: Unfinished
  • Main Level Sq Ft: 1375
  • Door Features: Panel Door(s)
  • Window Features: Double Pane Windows,Some Tilt-In Windows
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 300000
  • Lot Features: Fenced Yard, Sidewalks, Streetlights
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

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 Size Acres: 0.2
  • Lot Dimensions: 65X132
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5745.13
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 18, 2023
Sold by
Andaas Ralph and Andaas Gina L
Bought by
Jay Nicholas D and Minniti Kathryn T
Seller's Agent
Shannon Kersemeier
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Heather Rizzo
Worth Clark Realty
List Price
$300,000
Sold Price
$312,000
Premium/Discount to List
$12,000
4%
Total Days on Market
5
Views
134
Current Estimated Value
$376,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,085
Avg. Annual Appreciation
9.49%
Original Mortgage
$296,400
Outstanding Balance
$289,856
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$86,229

Purchase Details

Closed on
Sep 15, 2003
Sold by
Des Properties Inc
Bought by
Andaas Ralph and Andaas Gina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 13, 2002
Sold by
Richardson Edward Lynaugh and Richardson Joyce M
Bought by
Des Properties Inc

Purchase Details

Closed on
Jan 15, 2001
Sold by
Richardson Edward Lynaugh
Bought by
Richardson Edward Lynaugh and Richardson Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,700
Interest Rate
7.18%
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
Jay Nicholas D $312,000 None Listed On Document
Andaas Ralph $264,000 --
Des Properties Inc $210,000 --
Richardson Edward Lynaugh -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jay Nicholas D $296,400
Previous Owner Andaas Gina L $229,850
Previous Owner Andaas Gina L $230,000
Previous Owner Andaas Ralph $30,000
Previous Owner Andaas Ralph $237,600
Previous Owner Andaas Ralph $5,000
Previous Owner Richardson Edward Lynaugh $41,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $312,000 +4.0% $227 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $300,000 -- $218 / 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 $7,604 $29,000 $5,227 $23,773
2023 $7,326 $29,000 $5,227 $23,773
2022 $7,326 $29,000 $5,227 $23,773
2021 $5,745 $21,020 $3,049 $17,971
2020 $5,732 $21,020 $3,049 $17,971
2019 $5,730 $23,408 $3,049 $20,359
2018 $5,436 $20,928 $2,831 $18,097
2017 $5,352 $20,928 $2,831 $18,097
2016 $5,226 $20,928 $2,831 $18,097
2015 $4,763 $18,124 $2,613 $15,511
2014 $4,721 $18,124 $2,613 $15,511
2013 $4,583 $18,124 $2,613 $15,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11759852

Midwest Real Estate Data (MRED)

APN: 02-15-403-003-0000