NOT LISTED FOR SALE

Estimated Value: $602,000 - $652,316

5 Beds
3 Baths
2,830 Sq Ft
$223/Sq Ft Est. Value

Sale Details

Date Sold: January 2, 2025

Last sale price $612,500 $216 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,278 / mo

About This Home

Welcome to 321 E Shady Dr! A stunning 5 bedroom home located in the desirable community of Palatine. This spacious home features an open-concept layout, with a bright and inviting living room that flows seamlessly into the formal dining area. The updated kitchen is an entertainer's dream, offering stainless steel appliances, sleek countertops, and a cozy breakfast nook with views of the private backyard. The expansive family room features a beautiful fireplace, perfect for relaxing or entertaining. Just around the corner sits a convenient powder room and main floor office. Heading upstairs, the master suite includes a walk-in closet and a private en-suite bathroom with modern finishes. Three additional bedrooms, spacious in size, and a sleek bathroom are just down the hall. The finished basement offers versatile space for a recreation room or home gym, along with laundry access and a 5th bedroom, perfect for guests. Step outside to the private backyard, an ideal space for outdoor gatherings, gardening, or simply enjoying the peaceful surroundings. With an attached two-car garage and easy access to parks, shopping, and top-rated schools, this home offers both comfort and convenience.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2024
Closed on
Dec 23, 2024
Sold by
Elevate Homes Llc
Bought by
May Anthony L and May Carrie R
Seller's Agent
Jaimie Banke
Keller Williams Thrive
Buyer's Agent
Christina Murawski
Scanlan Realty LLC
List Price
$599,900
Sold Price
$612,500
Premium/Discount to List
$12,600
2.1%
Views
141
Current Estimated Value
$630,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,329
Avg. Annual Appreciation
2.31%
Original Mortgage
$490,000
Outstanding Balance
$485,013
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$145,816

Purchase Details

Closed on
Aug 29, 2024
Sold by
Second City Renewal Llc
Bought by
Elevate Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 28, 2024
Sold by
Wsfr I Llc
Bought by
Second City Renewal Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 19, 2021
Sold by
Stroka Steven J and Stroka Wendy
Bought by
Wsfr I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2005
Sold by
Vazquez Ivan H and Vazquez Patricia J
Bought by
Stroka Steven J and Stroka Wendy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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
May Anthony L $612,500 None Listed On Document
Elevate Homes Llc $425,000 Chicago Title
Elevate Homes Llc $425,000 Chicago Title
Second City Renewal Llc $410,000 Chicago Title
Wsfr I Llc $360,000 Greater Illinois Title
Stroka Steven J $490,000 Pntn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Anthony L $490,000
Previous Owner Elevate Homes Llc $120,000
Previous Owner Elevate Homes Llc $185,000
Previous Owner Wsfr I Llc $2,000,000
Previous Owner Stroka Steven J $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2025 01/02/25 Sold $612,500 +2.1% $216 / Sq Ft View Prior Sale
12/02/2024 12/02/24 Pending -- -- --
11/26/2024 11/26/24 For Sale $599,900 -- $212 / Sq Ft

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 $11,441 $61,000 $14,352 $46,648
2024 $11,441 $38,000 $12,144 $25,856
2023 $11,022 $38,000 $12,144 $25,856
2022 $11,022 $38,000 $12,144 $25,856
2021 $12,368 $41,596 $7,728 $33,868
2020 $12,180 $41,596 $7,728 $33,868
2019 $12,133 $46,477 $7,728 $38,749
2018 $12,487 $44,593 $7,176 $37,417
2017 $12,245 $44,593 $7,176 $37,417
2016 $11,660 $44,593 $7,176 $37,417
2015 $11,585 $41,299 $6,624 $34,675
2014 $11,427 $41,299 $6,624 $34,675
2013 $11,056 $41,299 $6,624 $34,675
Source: Public Records

Agents Affiliated with this Home

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