321 S Lancelot Ln Unit 601903 Palatine, IL 60074
Estimated Value: $367,000 - $417,000
3
Beds
2.5
Baths
1,807
Sq Ft
$211/Sq Ft
Est. Value
Highlights
- Landscaped Professionally
- Vaulted Ceiling
- Skylights
- Winston Campus Elementary School Rated A-
- Loft
- 2 Car Attached Garage
About This Home
As of December 2018SELLER SAID "SELL IT NOW". THE LOWEST PRICED HOME AND ONE OF THE LARGEST UNITS IN COVENTRY PARK. SIZE DOES MATTER: OVER 1807 SF OF LUXURY LIVING SPACE (APPROXIMATELY 20% BIGGER THAN OTHER UNITS AT THE SAME PRICE. ENGINEERING PLANS ARE ATTACHED). ABSOLUTELY BEAUTIFUL 3 BEDROOMS PLUS A LOFT, 2.1 BATHS, 2 STORY LIVING ROOM WITH GAS START FIREPLACE & SLIDING DOORS TO PATIO. LAMINATE-WOOD FLOORS IN LIVING ROOM, DINING ROOM, FOYER AND POWDER ROOM. NEWER CARPETING IN THE SECOND LEVEL (2016). SECOND FLOOR LAUNDRY ROOM. NEWER HOT WATER HEATER (2017), FURNACE (2018). CERAMIC TILE IN THE KITCHEN AND ALL BATHROOMS. EASY ACCESS TO METRA STATION, ALL MAJOR EXPRESSWAYS, WOODFIELD MALL, SCHOOLS, PARKS...ETC. ABSOLUTELY NOTHING TO DO BUT MOVE IN AND ENJOY THIS MASTERPIECE.
Last Agent to Sell the Property
RE/MAX At Home License #471008459 Listed on: 11/09/2018
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,588
Year Built
- Built in 1996
Lot Details
- 30
HOA Fees
- $207 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Asphalt Roof
- Aluminum Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,807 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Skylights
- Wood Burning Fireplace
- Gas Log Fireplace
- Living Room with Fireplace
- Dining Room
- Loft
- Laminate Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Laundry
- Laundry Room
- Laundry on upper level
- Washer and Dryer Hookup
Schools
- Winston Campus-Elementary School
- Winston Campus-Junior High
- Palatine High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Patio
- Landscaped Professionally
Community Details
Overview
- Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
- 4 Units
- Marla Association, Phone Number (847) 459-1222
- Coventry Park Subdivision
- Property managed by Foster Premier
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 10, 2021
Sold by
Patel Nimisha and Patel Vijaykumar
Bought by
Patel Vijaykumar and Patel Dharmishtaben
Total Days on Market
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$171,617
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$208,900
Purchase Details
Listed on
Nov 9, 2018
Closed on
Dec 27, 2018
Sold by
Ruffolo Rodolfo and Ruffolo Wieslawa
Bought by
Patel Nimisha and Patel Vijaykumar
Seller's Agent
Basel Tarabein
RE/MAX At Home
Buyer's Agent
Carmen Bahena
RE/MAX LOYALTY
List Price
$249,900
Sold Price
$242,500
Premium/Discount to List
-$7,400
-2.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$210,375
Interest Rate
4.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 17, 2005
Sold by
Weiss Veronica U
Bought by
Ruffolo Rodolfo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 2, 1995
Sold by
Cole Taylor Bank
Bought by
Weiss Veronica U
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.9%
Similar Homes in Palatine, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Vijaykumar | -- | First American Title | |
| Patel Nimisha | $242,500 | Chicago Title Insurance Comp | |
| Ruffolo Rodolfo | $275,000 | Rtc | |
| Weiss Veronica U | $156,500 | Ticor Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Vijaykumar | $200,000 | |
| Closed | Patel Vijaykumar | $200,000 | |
| Closed | Patel Nimisha | $210,375 | |
| Previous Owner | Ruffolo Rodolfo S | $27,411 | |
| Previous Owner | Ruffolo Rodolfo S | $226,450 | |
| Previous Owner | Ruffolo Rodolfo S | $234,300 | |
| Previous Owner | Ruffolo Rodolfo | $28,000 | |
| Previous Owner | Ruffolo Rodolfo | $21,000 | |
| Previous Owner | Ruffolo Rodolfo | $261,250 | |
| Previous Owner | Weiss Veronica U | $89,000 | |
| Previous Owner | Weiss Veronica U | $5,000 | |
| Previous Owner | Weiss Veronica U | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2018 12/27/18 | Sold | $242,500 | -3.0% | $134 / Sq Ft |
| 11/27/2018 11/27/18 | Pending | -- | -- | -- |
| 11/09/2018 11/09/18 | For Sale | $249,900 | -- | $138 / 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 | $7,190 | $27,209 | $4,947 | $22,262 |
| 2023 | $6,989 | $27,209 | $4,947 | $22,262 |
| 2022 | $6,989 | $27,209 | $4,947 | $22,262 |
| 2021 | $6,229 | $21,838 | $3,091 | $18,747 |
| 2020 | $6,198 | $21,838 | $3,091 | $18,747 |
| 2019 | $7,670 | $25,842 | $3,091 | $22,751 |
| 2018 | $5,806 | $21,309 | $2,782 | $18,527 |
| 2017 | $5,716 | $21,309 | $2,782 | $18,527 |
| 2016 | $5,588 | $21,309 | $2,782 | $18,527 |
| 2015 | $5,875 | $20,864 | $2,473 | $18,391 |
| 2014 | $5,830 | $20,864 | $2,473 | $18,391 |
| 2013 | $5,667 | $20,864 | $2,473 | $18,391 |
Source: Public Records
Agents Affiliated with this Home
-
Basel Tarabein
Seller's Agent in 2018
Basel Tarabein
RE/MAX
(847) 828-2243
354 Total Sales
-
Carmen Bahena
Buyer's Agent in 2018
Carmen Bahena
RE/MAX LOYALTY
59 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10134264
APN: 02-24-203-044-1066
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