NOT LISTED FOR SALE

325 E Forest Knoll Dr Palatine, IL 60074

Estimated Value: $324,000 - $356,000

4 Beds
3 Baths
1,708 Sq Ft
$201/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $250,000 $146 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,516/month

1 Day on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Attached Garage
  • Palatine High School Rated A
  • Stainless Steel Appliances
  • Walk-In Closet

About This Home

As of December 2016

Wow! This one's a looker. Completely rehabbed top to bottom 4 Bedroom 2.1 Bath end unit townhouse with finished Basement. The Kitchen is to die for... 42" White Birch Cabinets with offsetting Espresso stained center Island along with upgraded Granite counters and SS appliances and hardware. Beautiful Hardwood floors run throughout the main level. The 2nd floor boasts 3 spacious bedrooms with new carpeting. The Master suite has a new bathroom with custom tiled bath/shower, granite counter, custom tiling, makeup vanity, and Walk-in Closet. The finished basement has a large Rec Room, plus a 4th Bedroom with 10x10 WIC. Other updates include New Windows, freshly painted throughout, new light fixtures, and new plumbing and fixtures. The backyard looks out into an open grass area and has an expanded brick paver patio. 1 Car garage w/ new door. Amazing location next to Midtown Athletic Club, near shops, restaurants and freeways. Low monthly HOA fee. Don't wait or you'll miss out on this one!

Last Agent to Sell the Property

Gregg Bernadette

HomeSmart Connect LLC License #475107136 Listed on: 10/25/2016

HomeSmart Connect LLC

Last Buyer's Agent

Bobette Varsalona

Greater Chicagoland Realty License #475135816

Townhouse Details

Home Type

  • Townhome

Year Built | Renovated

  • 1981 | 2016

Lot Details

  • 3,223

HOA Fees

  • $211 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Aluminum Siding

Interior Spaces

  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Dining Area
  • Recreation Room
  • Storage Room
  • Washer and Dryer Hookup
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Townhouse Details

Home Type

Townhome

Year Built | Renovated

1981 | 2016

Lot Details

0

HOA Fees

$211 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Rehab Year: 2016
  • 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
  • Year Renovated: 2016

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 9
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 11X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island
  • Additional Rooms: Eating Area, Recreation Room, Storage, Walk In Closet
  • Master Bedroom: Dimensions: 17X12, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 1 Name: Eating Area, Dimensions: 8X7, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Walk in Closet, Dimensions: 6X6, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X11, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 3 Name: Other, Dimensions: 7X6, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 4 Name: Recreation Rm, Dimensions: 11X18, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 4: Dimensions: 11X11, On Level: Basement, Flooring: Carpet, Windows: None
  • Additional Room 5 Name: Storage, Dimensions: 13X11, On Level: Basement
  • Estimated Sq Ft: 1708
  • Dining Room Type: Separate
  • Family Room: Dimensions: 12X23, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Exterior Building Type: Aluminum Siding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Parking, Common Insurance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 211
  • Management Contact Name: PROPERTY MANAGER
  • Management Phone: 630-620-1133

Fee Information

  • Management Company: ACM

Schools

  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 3237 SF
  • Parcel Identification Number: 02023010900000

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 5986.70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2016
Closed on
Nov 21, 2016
Sold by
Prueitt Randall
Bought by
Hill Kathleen M and Krueger Paul
Seller's Agent
Gregg Bernadette
HomeSmart Connect LLC
Buyer's Agent
Bobette Varsalona
Greater Chicagoland Realty
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$343,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,279
Avg. Annual Appreciation
3.54%
Original Mortgage
$200,000
Outstanding Balance
$162,790
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$180,489

Purchase Details

Listed on
Oct 30, 2015
Closed on
Apr 6, 2016
Sold by
Tcf National Bank
Bought by
Prueitt Randall
Seller's Agent
Julie Woolfe
Woolfe & Company Realtors Inc.
Buyer's Agent
Gregg Bernadette
HomeSmart Connect LLC
List Price
$164,900
Sold Price
$149,000
Premium/Discount to List
-$15,900
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
133.59%
Original Mortgage
$143,200
Interest Rate
3.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 17, 2015
Sold by
Mendez Osiris
Bought by
Tcf National Bank

Purchase Details

Closed on
Apr 16, 2008
Sold by
Gutierrez Alvaro
Bought by
Gutierrez Alvaro and Mendez Osiris

Purchase Details

Closed on
Dec 21, 2005
Sold by
Heath Loren T
Bought by
Gutierrez Alvaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 19, 2004
Sold by
Heath Loren T
Bought by
Heath Loren T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
5.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hill Kathleen M $250,000 Attorney
Prueitt Randall $149,000 None Available
Tcf National Bank -- Attorney
Gutierrez Alvaro -- None Available
Gutierrez Alvaro $240,000 Law Title
Heath Loren T -- Nations Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Kathleen M $200,000
Previous Owner Prueitt Randall $143,200
Previous Owner Gutierrez Alvaro $228,000
Previous Owner Heath Loren T $143,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2016 12/05/16 Sold $250,000 0.0% $146 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
10/25/2016 10/25/16 For Sale $250,000 +67.8% $146 / Sq Ft
04/27/2016 04/27/16 Sold $149,000 -3.8% $87 / Sq Ft View Prior Sale
03/23/2016 03/23/16 Pending -- -- --
03/18/2016 03/18/16 Price Changed $154,900 -3.1% $91 / Sq Ft
02/15/2016 02/15/16 Price Changed $159,900 -3.0% $94 / Sq Ft
10/30/2015 10/30/15 For Sale $164,900 -- $97 / 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 $30,001 $4,856 $25,145
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 $5,438 $20,073 $1,780 $18,293
2020 $5,429 $20,073 $1,780 $18,293
2019 $5,470 $22,504 $1,780 $20,724
2018 $6,172 $23,296 $1,618 $21,678
2017 $7,103 $23,296 $1,618 $21,678
2016 $5,897 $23,296 $1,618 $21,678
2015 $5,987 $22,108 $1,456 $20,652
2014 $5,931 $22,108 $1,456 $20,652
2013 $5,761 $22,108 $1,456 $20,652
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09375138

Midwest Real Estate Data (MRED)

APN: 02-02-301-090-0000