$257,000
SOLD OCT 1, 2018

348 S Lancelot Ln Unit 705301 Palatine, IL 60074

3 Beds
3 Baths
1,900 Sq Ft
$182/mo HOA Fee

Recently Sold

$135 Per Sq Ft

3% Below List Price

31 Days on Market

Highlights

  • Stainless Steel Appliances
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Winston Campus Elementary School Rated A-
  • Entrance Foyer
  • 3-minute walk to Rose Park

About This Home

As of August 2020

This bright and cheery townhouse is an end unit with tons of light! The open and airy floor plan is graced with gorgeous maple HW floors throughou spacious room sizes. A warm inviting living room is accented with a gas fireplace, 2-story ceiling, adjustable speed ceiling fan. The kitchen is spacious and eat-in featuring all KitchenAid stainless steel appliances. A breakfast bar that flows easily into the living room/dining room is perfect for entertaining! Master bedroom boasts a large walk-in-closet and full master bathroom. The laundry room is conveniently located on the second FLR. newer Whirlpool Cabrio washer & dryer. Custom silhouette Hunter Douglas blinds and 6-panel wood doors throughout the unit. Double hung Pella windows. Updated light fixtures. Two car attached garage with no shared driveway. Convenient location. Close to Twin Lakes Recreation Area, Arlington Race Track, and Arlington Heights Metro Station. Easy access to Route 53

Last Agent to Sell the Property

Mitchell Aronson

@properties Christie's International Real Estate Listed on: 07/24/2018

@properties Christie's International Real Estate

Last Buyer's Agent

Sarah Leonard

Legacy Properties, A Sarah Leonard Company, LLC License #475122634

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,151

Year Built

  • 1996

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $182 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • North or South Exposure

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,151

Year Built

1996

Lot Details

0

HOA Fees

$182 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Interstate Access
  • Disability Access: Yes
  • Disability Access Details: 32 inch or more wide doors
  • Unit Floor Level: 2
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1996
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1996

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X6, On Level: 2nd Level
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X8, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Eating Area, Foyer
  • Master Bedroom: Dimensions: 17X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Eating Area, Dimensions: 8X7, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Foyer, Dimensions: 11X6, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1900
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Aluminum Siding, Brick
  • Exposure: N (North), S (South), W (West)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • 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, Monday through Saturday
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger
  • Assessment Association Fees: 182
  • Management Contact Name: Foster Premier
  • Management Phone: 847-459-1222

Fee Information

  • Management Company: Foster Premier

Schools

  • School District: 211
  • Elementary School: WINSTON CAMPUS-ELEMENTARY
  • Middle School: WINSTON CAMPUS-JUNIOR HIGH
  • High School: PALATINE HIGH SCHOOL
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 02242030441081

Multi Family

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

Tax Info

  • Taxes: 4920.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 18, 2020
Sold by
Yi Sooji
Bought by
Whipple Emily
Seller's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
Buyer's Agent
Rebecca Haltman
Compass
List Price
$269,000
Sold Price
$269,000
Total Days on Market
31
Current Estimated Value
$367,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,997
Avg. Annual Appreciation
6.73%
Original Mortgage
$260,930
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2018
Closed on
Sep 25, 2018
Sold by
Keller Sara G
Bought by
Yi Sooji
Seller's Agent
Mitchell Aronson
@properties Christie's International Real Estate
Buyer's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
List Price
$265,000
Sold Price
$257,000
Premium/Discount to List
-$8,000
-3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%
Original Mortgage
$179,900
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 27, 2015
Closed on
Mar 1, 2016
Sold by
Kiwala Jonathan A and Kiwala Ashlyn
Bought by
Keller Sara G
Seller's Agent
Vincent Romano
Keller Williams Success Realty
Buyer's Agent
Mitchell Aronson
@properties Christie's International Real Estate
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.08%

Purchase Details

Listed on
Dec 26, 2014
Closed on
Jan 22, 2015
Sold by
Connor Elizabeth O
Bought by
Kiwala Johnathan A and Kiwala Ashlyn
Seller's Agent
Royal Hartwig
Royal Family Real Estate
Buyer's Agent
Brooke Warren
List Price
$250,000
Sold Price
$247,000
Premium/Discount to List
-$3,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.10%
Original Mortgage
$208,250
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 1995
Sold by
Cole Taylor Bank
Bought by
Oconnor Elizabeth

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
7.43%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $269,000 Old Republic Title
Warranty Deed $257,000 Gmt Title Agency
Warranty Deed $250,000 Heritage Title Company
Warranty Deed $247,000 First American Title Ins Co
Trustee Deed $179,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,930 New Conventional
Previous Owner $179,900 New Conventional
Previous Owner $208,250 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $133,100 Stand Alone First
Previous Owner $25,000 Credit Line Revolving
Previous Owner $143,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $269,000 0.0% --
07/06/2020 07/06/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $269,000 +4.7% --
10/01/2018 10/01/18 Sold $257,000 -3.0% $135 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $265,000 +6.0% $139 / Sq Ft
03/07/2016 03/07/16 Sold $250,000 -3.8% --
01/30/2016 01/30/16 Pending -- -- --
12/27/2015 12/27/15 For Sale $260,000 +5.3% --
01/30/2015 01/30/15 Sold $247,000 -1.2% --
12/30/2014 12/30/14 Pending -- -- --
12/26/2014 12/26/14 For Sale $250,000 -- --
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 $7,151 $24,340 $4,425 $19,915
2023 $7,151 $24,340 $4,425 $19,915
2022 $7,151 $24,340 $4,425 $19,915
2021 $6,575 $19,536 $2,765 $16,771
2020 $6,462 $19,536 $2,765 $16,771
2019 $6,861 $23,117 $2,765 $20,352
2018 $6,192 $19,063 $2,489 $16,574
2017 $6,076 $19,063 $2,489 $16,574
2016 $4,920 $19,063 $2,489 $16,574
2015 $4,837 $17,642 $2,212 $15,430
2014 $4,803 $17,642 $2,212 $15,430
2013 $4,983 $18,664 $2,212 $16,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10029214

Midwest Real Estate Data (MRED)

APN: 02-24-203-044-1081