NOT LISTED FOR SALE

Estimated Value: $291,000 - $386,000

3 Beds
2 Baths
1,468 Sq Ft
$232/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $235,000 $160 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,412/month

39 Days on Market

Highlights

  • Detached Garage
  • Plum Grove Jr High School Rated A-
  • 2-minute walk to Cedar Park

About This Home

As of January 2022

This charming, 3 bed. 1.5 bath cape cod home is move in ready and ideal for someone wanting to be close to downtown Palatine. Couldn't ask for a better location if you want to be close to the Metra, Restaurants, Bars, etc!! Nice sized lot with an over sized 2 car detached garage. Open Kitchen, open floor plan and even a bedroom on the first floor which could also make a wonderful office. Master bedroom has it's own balcony, to enjoy a beautiful morning or quiet evening! Need a space to make your own? Say no more! This finished, walk out basement is just waiting for someone to do something creative to it! Kids playroom? entertainment area? Or perhaps just make it into another bedroom with it's own private entrance.... regardless of what you want to make it, it's a blank canvas just waiting to be made into something great! Also only an 8 min drive from the Arlington Race Track!

Last Agent to Sell the Property

Inna Berube

Suburban Life Realty, Ltd License #475-185904 Listed on: 11/05/2021

Last Buyer's Agent

Carole Kurtzman

Baird & Warner License #471005515

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,327

Year Built

  • 1925

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Parking Included in Price

Interior Spaces

  • 2-Story Property
  • Finished Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,327

Year Built

1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Algonquin go N to Palatine property on you R
  • Lot Size: 66X120
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1925

Interior Features

  • Has Basement: Walkout
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: Bonus Room

Exterior Features

  • Exterior Building Type: Aluminum Siding,Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Stuart R Paddock School
  • High School: Wm Fremd High School
  • Junior High Dist: 211
  • Middle Or Junior School: Plum Grove Junior High School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 6981
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Feb 9, 2022
Sold by
Vellanki Shalini Y and Vellanki Ankaya Choudary
Bought by
Schwartz Nancy A
Seller's Agent
Inna Berube
Suburban Life Realty, Ltd
Buyer's Agent
Carole Kurtzman
Baird & Warner
List Price
$270,000
Sold Price
$235,000
Premium/Discount to List
-$35,000
-12.96%
Current Estimated Value
$341,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,130
Avg. Annual Appreciation
10.38%
Original Mortgage
$188,000
Outstanding Balance
$174,360
Interest Rate
3.45%
Estimated Equity
$163,668

Purchase Details

Listed on
Nov 5, 2021
Closed on
Jan 6, 2022
Sold by
Vellanki Shalini Y and Vellanki Ankaya Choudary
Bought by
Schwartz Nancy A
Seller's Agent
Inna Berube
Suburban Life Realty, Ltd
Buyer's Agent
Carole Kurtzman
Baird & Warner
List Price
$270,000
Sold Price
$235,000
Premium/Discount to List
-$35,000
-12.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Outstanding Balance
$174,360
Interest Rate
3.45%
Estimated Equity
$163,668

Purchase Details

Listed on
May 13, 2013
Closed on
Sep 27, 2013
Sold by
Kakarala Anuradha and Kakarala Naga M
Bought by
Vellanki Shalini Y and Vellanki Ankayya Choudary
Seller's Agent
AJ|Abhijit Leekha
Property Economics Inc.
Buyer's Agent
Savita Leekha
Property Economics Inc.
List Price
$99,000
Sold Price
$115,000
Premium/Discount to List
$16,000
16.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$92,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2006
Sold by
Ablin David
Bought by
Kakarala Anuradha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
1.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 30, 2001
Sold by
Trapp William and Trapp Kim
Bought by
Ablin David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.06%

Purchase Details

Closed on
Jul 31, 1998
Sold by
Jackson Daniel C and Mrowicki Linda G
Bought by
Trapp William and Trapp Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
7.04%
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 Buyer Sale Price Title Company
Schwartz Nancy A -- --
Schwartz Nancy A -- --
Schwartz Nancy A -- --
Vellanki Shalini Y $115,000 Precision Title
Kakarala Anuradha $312,000 Multiple
Ablin David $160,000 --
Trapp William $117,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Nancy A $188,000
Previous Owner Vellanki Shalini Y $92,000
Previous Owner Kakarala Anuradha $316,800
Previous Owner Kakarala Anuradha $280,800
Previous Owner Ablin David $127,000
Previous Owner Ablin David $128,000
Previous Owner Trapp William $105,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $235,000 -13.0% $160 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $270,000 0.0% $184 / Sq Ft
11/01/2018 11/01/18 For Rent $1,490 0.0% --
10/21/2018 10/21/18 Off Market $1,490 -- --
10/20/2018 10/20/18 Rented $1,490 0.0% --
09/30/2018 09/30/18 For Rent $1,490 0.0% --
02/01/2017 02/01/17 Rented $1,490 0.0% --
01/24/2017 01/24/17 Under Contract -- -- --
01/05/2017 01/05/17 For Rent $1,490 0.0% --
09/27/2013 09/27/13 Sold $115,000 +16.2% $78 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $99,000 -- $67 / 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
2024 $7,327 $28,064 $4,752 $23,312
2023 $7,613 $30,000 $4,752 $25,248
2022 $7,613 $30,000 $4,752 $25,248
2021 $6,005 $21,821 $2,772 $19,049
2020 $5,989 $21,821 $2,772 $19,049
2019 $5,985 $24,300 $2,772 $21,528
2018 $6,070 $22,969 $2,574 $20,395
2017 $5,974 $22,969 $2,574 $20,395
2016 $5,805 $22,969 $2,574 $20,395
2015 $5,062 $19,097 $2,376 $16,721
2014 $5,017 $19,097 $2,376 $16,721
2013 $4,870 $19,097 $2,376 $16,721
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11264444

Midwest Real Estate Data (MRED)

APN: 02-22-200-002-0000