NOT LISTED FOR SALE

322 E Forest Knoll Dr Palatine, IL 60074

Estimated Value: $340,000 - $401,000

3 Beds
3 Baths
1,704 Sq Ft
$211/Sq Ft Est. Value

Last Sold July 03, 2019

Last sale price $225,000 $132 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,706/month

29 Days on Market

Highlights

  • Recreation Room
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Palatine High School Rated A
  • Storage Room
  • Wood Burning Fireplace

About This Home

As of July 2019

One of the larger models with an open floor plan makes this an exceptionally spacious townhome. Many recent updates throughout. As you enter the living room you are greeted by a huge Great Room with hardwood floors and 2 BRAND NEW sliding doors opening to the patio & a gas/wood burning fireplace between the 2 doors. Updated Kitchen with new Cabinets, counter-top & tile flooring (June'18) and a newer refrigerator(2016). Vanity in ALL bathrooms were just updated (June'18). 3 spacious BR's on 2nd level. Large Master BR has separate his-hers walk-in closets. 2nd BR also features a walk in closet & bigger than avg. Other updates include: New carpets throughout (June'18), New Flooring in the Basement (June'18) & Roof (2016). An additional 500 sq ft of finished space in basement is perfect for entertaining guests. Garage+2 add'l parking spots in the driveway. Close to health club, forest preserve, bike trail, transportation & shopping. **Seller is open to doing Rent with option to Buy**

Last Agent to Sell the Property

Hiral Bhayani

21st Century Realty INC License #227251689 Listed on: 04/29/2019

Last Buyer's Agent

Nasko Ivanov

Home Realty Group, Inc License #471001538

Townhouse Details

Home Type

  • Townhome

Year Built

  • 1981

Lot Details

  • 2,396

HOA Fees

  • $230 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Recreation Room
  • Storage Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,000 Seller Concession

Townhouse Details

Home Type

Townhome

Year Built

1981

Lot Details

0

HOA Fees

$230 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1981
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1981

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 23X22, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X5, On Level: Basement
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Additional Rooms: Recreation Room, Storage
  • Master Bedroom: Dimensions: 17X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Recreation Rm, Dimensions: 21X21, On Level: Basement, Flooring: Vinyl
  • Additional Room 2 Name: Storage, Dimensions: 12X8, On Level: Basement
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1704
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, TV/Cable, Lawn Care, Snow Removal
  • Assessment Association Fees: 230
  • Management Phone: 763-442-5391

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 24X100
  • Parcel Identification Number: 02023010260000

Multi Family

  • Total Number Unitsin Building: 100
  • Number Stories: 2

Tax Info

  • Taxes: 5056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jul 2, 2019
Sold by
Bhavsar Devang M and Bhayani Anuja H
Bought by
Varfolomeyev Alena
Seller's Agent
Hiral Bhayani
21st Century Realty INC
Buyer's Agent
Nasko Ivanov
Home Realty Group, Inc
List Price
$238,900
Sold Price
$225,000
Premium/Discount to List
-$13,900
-5.82%
Current Estimated Value
$360,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,261
Avg. Annual Appreciation
7.46%
Original Mortgage
$180,000
Outstanding Balance
$156,504
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$203,757

Purchase Details

Closed on
Aug 21, 2006
Sold by
Domingo Carl
Bought by
Bhavsar Devang M and Bhayani Anuja H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,800
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 26, 2003
Sold by
Stow William
Bought by
Domingo Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
5.31%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Varfolomeyev Alena $225,000 Altima Title Llc
Bhavsar Devang M $251,000 First American Title
Domingo Carl $222,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varfolomeyev Alena $180,000
Previous Owner Bhavsar Devang M $200,800
Previous Owner Domingo Carl $177,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2019 07/03/19 Sold $225,000 -4.2% $132 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/18/2019 05/18/19 Price Changed $234,900 -1.7% $138 / Sq Ft
04/29/2019 04/29/19 For Sale $238,900 -- $140 / 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 $7,105 $30,001 $3,587 $26,414
2024 $7,105 $24,000 $4,000 $20,000
2023 $6,874 $24,000 $4,000 $20,000
2022 $6,874 $24,000 $4,000 $20,000
2021 $6,485 $19,967 $1,315 $18,652
2020 $6,388 $19,967 $1,315 $18,652
2019 $5,436 $22,385 $1,315 $21,070
2018 $5,134 $19,957 $1,195 $18,762
2017 $5,056 $19,957 $1,195 $18,762
2016 $4,951 $19,957 $1,195 $18,762
2015 $4,675 $17,840 $1,075 $16,765
2014 $4,635 $17,840 $1,075 $16,765
2013 $4,499 $17,840 $1,075 $16,765
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10359846

Midwest Real Estate Data (MRED)

APN: 02-02-301-026-0000