NOT LISTED FOR SALE

356 S Lancelot Ln Unit 705203 Palatine, IL 60074

Estimated Value: $365,000 - $380,000

3 Beds
2.5 Baths
1,761 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $268,000 $152 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,936/month

6 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Loft
  • Winston Campus Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Rose Park

About This Home

As of October 2020

Wow check this out! Complete remodel from top to bottom. Over 50k in updates. Even the furnace and AC unit were just replaced in May. Gorgeous kitchen with walkout patio. All new stainless steel appliances and 52" cabinetry. Tall ceilings throughout the home with a ton of light. Large master bedroom with ensuite and walk in closets. Very large 2nd and 3rd bedrooms with tons of closet space. Gorgeously updated baths. And are you working from home? Bonus loft area for office, gaming or toy room. The home is spotless with nothing to do but move in! Located just a few minutes to the train station and expressway. Close proximity to downtown Palatine, Arlington Heights and race track

Last Agent to Sell the Property

Keeli Massimo

Weichert Realtors -The Peevler Team License #471004521 Listed on: 09/03/2020

Last Buyer's Agent

Sandy Mueller

Baird & Warner License #471003375

Baird & Warner

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,024

Year Built

  • Built in 1997 | Remodeled in 2019

Lot Details

  • 30

HOA Fees

  • $224 Monthly HOA Fees

Parking

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

Interior Spaces

  • 1,761 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Loft
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Schools

  • Winston Campus-Elementary School
  • Winston Campus-Junior High
  • Palatine High School

Utilities

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

Additional Features

  • Patio
  • Landscaped Professionally

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include parking, insurance, exterior maintenance, lawn care, snow removal
  • 2 Units
  • Foster Premier Association, Phone Number (847) 459-1222
  • Coventry Park Subdivision, Deerbrook Floorplan
  • Property managed by FOSTER PREMIER

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,024

Year Built

Built in 1997 | Remodeled in 2019

Lot Details

0

HOA Fees

$224 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Coventry Park
  • Year Built: 1997
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2019
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Second Floor Laundry
  • LivingArea: 1761
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Eating Area, Loft
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 1594
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 1594
  • Fireplace Location: Living Room
  • Total Sq Ft: 1594
  • Upper Level Sq Ft: 868
  • Main Level Sq Ft: 726
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 269900
  • Lot Features: Common Grounds, Landscaped
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 224
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FOSTER PREMIER
  • Management Contact Name: FOSTER PREMIER
  • Management Phone: 847-459-1222
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Parking, Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Winston Campus-Elementary
  • High School: Palatine High School
  • Middle/Junior School: Winston Campus-Junior High
  • Middle/Junior School District: 15

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7023.74
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 19, 2020
Sold by
Manno Maria G and Arango Carlos M
Bought by
Beljic Dajana and Beljic Milos
Seller's Agent
Keeli Massimo
Weichert Realtors -The Peevler Team
Buyer's Agent
Sandy Mueller
Baird & Warner
List Price
$269,900
Sold Price
$268,000
Premium/Discount to List
-$1,900
-0.7%
Total Days on Market
6
Current Estimated Value
$373,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,609
Avg. Annual Appreciation
7.46%
Original Mortgage
$241,200
Outstanding Balance
$217,739
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$155,870

Purchase Details

Listed on
Jun 7, 2018
Closed on
Nov 1, 2018
Sold by
Ganesan Viswesh P and Gopalan Sangeetha
Bought by
Manno Maria G and Arango Carlos M
Seller's Agent
Susan Yon Hanson
Century 21 Integra
Buyer's Agent
Stephen Katsaros
HomeSmart Connect LLC
List Price
$260,000
Sold Price
$255,000
Premium/Discount to List
-$5,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%

Purchase Details

Closed on
Dec 6, 2004
Sold by
Romano Renee G
Bought by
Ganesan Viswesh P and Gopalan Sangeetha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1995
Sold by
Cole Taylor Bank
Bought by
Parenti Dino M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
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 Buyer Sale Price Title Company
Beljic Dajana $268,000 Chicago Title
Manno Maria G $255,000 Citywide Title Corporation
Ganesan Viswesh P $265,000 Multiple
Parenti Dino M $178,500 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beljic Dajana $241,200
Previous Owner Manno Maria G $50,000
Previous Owner Ganesan Viswesh P $191,000
Previous Owner Ganesan Viswesh $204,000
Previous Owner Ganesan Viswesh P $207,900
Previous Owner Ganesan Viswesh P $212,000
Previous Owner Ganesan Viswesh P $212,000
Previous Owner Ganesan Viswesh P $26,235
Previous Owner Romano Renee $213,600
Previous Owner Romano Renee G $192,000
Previous Owner Romano Renee G $191,000
Previous Owner Romano Renee G $176,800
Previous Owner Romano Renee G $22,100
Previous Owner Romano Renee G $184,000
Previous Owner Parenti Dino M $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $268,000 -0.7% $152 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $269,900 +5.8% $153 / Sq Ft
11/02/2018 11/02/18 Sold $255,000 -1.9% --
10/03/2018 10/03/18 For Sale $260,000 +2.0% --
09/30/2018 09/30/18 Off Market $255,000 -- --
09/18/2018 09/18/18 Pending -- -- --
09/06/2018 09/06/18 Price Changed $260,000 -1.9% --
08/27/2018 08/27/18 Price Changed $265,000 -1.5% --
08/05/2018 08/05/18 Price Changed $269,000 -3.9% --
06/07/2018 06/07/18 For Sale $279,990 -- --
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 $7,377 $28,529 $5,187 $23,342
2023 $7,377 $28,529 $5,187 $23,342
2022 $7,377 $28,529 $5,187 $23,342
2021 $6,586 $22,899 $3,241 $19,658
2020 $6,548 $22,899 $3,241 $19,658
2019 $7,024 $27,095 $3,241 $23,854
2018 $6,142 $22,343 $2,917 $19,426
2017 $6,046 $22,343 $2,917 $19,426
2016 $5,895 $22,343 $2,917 $19,426
2015 $5,691 $20,291 $2,593 $17,698
2014 $5,648 $20,291 $2,593 $17,698
2013 $5,853 $21,462 $2,593 $18,869
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10845438

Midwest Real Estate Data (MRED)

APN: 02-24-203-044-1080