$247,000
SOLD JAN 30, 2015

348 S Lancelot Ln Unit 705301 Palatine, IL 60074

3 Beds
3 Baths
-- Sq Ft
$163/mo HOA Fee

Recently Sold

1% Below List Price

4 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • Attached Garage
  • Winston Campus Elementary School Rated A-
  • Stainless Steel Appliances
  • 3-minute walk to Rose Park

About This Home

As of August 2020

Upgraded townhouse in pristine condition! Maple HW flrs thruout. LR w/gas FP & 2-story ceiling. Remod eat-in kitch has all newer SS appls w/French door frig, breakfast bar & opens to LR/DR. Master bed w/WIC & full bath. 2nd floor laundry w/newer washer/dryer. Dbl hung Pella windows, custom silhouette Hunter Douglas blinds, 6-panel wood doors & updated light fixtures. 2-car att garage w/no shared driveway. A true 10!

Last Agent to Sell the Property

Royal Hartwig

Royal Family Real Estate License #471018377 Listed on: 12/26/2014

Royal Family Real Estate

Co-Listed By

Wendy Cox

The Royal Family Real Estate

Last Buyer's Agent

Brooke Warren

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,325

Year Built

  • 1996

HOA Fees

  • $163 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Patio
  • End Unit

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,325

Year Built

1996

Lot Details

0

HOA Fees

$163 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1996
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1996

Interior Features

  • Interior Property Features: Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Security System, CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X6, On Level: 2nd Level, Flooring: Vinyl
  • Dining Room: Dimensions: 13X9, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X8, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • 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
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens, End Unit

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
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 163
  • 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: 4983

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
Current Estimated Value
$362,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,304
Avg. Annual Appreciation
6.38%
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

Range of Values:

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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 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 $7,325 $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: MRD08806140

Midwest Real Estate Data (MRED)

APN: 02-24-203-044-1081