$255,000
SOLD NOV 2, 2018

356 S Lancelot Ln Unit 705203 Palatine, IL 60074

3 Beds
3 Baths
-- Sq Ft
$217/mo HOA Fee

Recently Sold

2% Below List Price

103 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Loft
  • Winston Campus Elementary School Rated A-
  • Main Floor Bedroom
  • 3-minute walk to Rose Park

About This Home

As of October 2020

COVENTRY PARK: LARGEST MODEL in SUBDIVISION...THIS IS THE ONE! STUNNING 3 BEDROOM + LOFT & 2.1 BATH 2-Story END UNIT TOWNHOME w/2-CAR GARAGE is waiting for you!! Soaring 2-story FOYER & LIVING ROOM welcome you into this spacious home. The LIVING ROOM boasts floor to ceiling windows & gas fireplace. DINING ROOM is adjacent with plenty of room for entertaining! KITCHEN offers large eating area with access to sliders & patio... perfect for those summer BBQs! 1st level BEDROOM features beautiful french doors and would make a great DEN or OFFICE! MASTER BEDROOM SUITE offers a HUGE walk-in closet & private MASTER BATH! Also on the 2nd level, you will find a 2nd BEDROOM, FULL BATH, LAUNDRY and amazing LOFT!! Great location... close to the Arlington Park metra station and both downtown Palatine and Arlington Heights! WELCOME HOME!! *Pictures were taken when home was vacant* ALSO AVAILABLE FOR RENT AT $1950/MONTH

Last Agent to Sell the Property

Susan Yon Hanson

Century 21 Integra License #471016859 Listed on: 06/07/2018

Century 21 Integra

Last Buyer's Agent

Stephen Katsaros

HomeSmart Connect LLC License #475122994

HomeSmart Connect LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,587

Lot Details

  • End Unit
  • Landscaped Professionally

HOA Fees

  • $217 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Loft
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,587

Lot Details

0

HOA Fees

$217 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: Unknown
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Wood Laminate Floors, 1st Floor Bedroom, 2nd Floor Laundry, Laundry Hook-Up in Unit
  • Number Of Rooms: 7
  • Living Room: Dimensions: 16X11, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 6X5, On Level: 2nd Level
  • Dining Room: Dimensions: 10X9, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 19X8, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Loft, Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Aluminum Siding, Vinyl 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

  • Electricity: Circuit Breakers
  • 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: Parking, Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 217
  • Management Contact Name: PROPERTY MANAGER
  • 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 AREA
  • Lot Description: Common Grounds, Landscaped Professionally
  • Parcel Identification Number: 02242030441080

Multi Family

  • Total Number Unitsin Building: 3
  • Number Stories: 2

Tax Info

  • Taxes: 5895

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%
Current Estimated Value
$388,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,667
Avg. Annual Appreciation
8.10%
Original Mortgage
$241,200
Outstanding Balance
$217,739
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$170,928

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 Type Sale Price Title Company
Warranty Deed $268,000 Chicago Title
Warranty Deed $255,000 Citywide Title Corporation
Warranty Deed $265,000 Multiple
Trustee Deed $178,500 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $241,200 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $191,000 New Conventional
Previous Owner $204,000 Unknown
Previous Owner $207,900 Unknown
Previous Owner $212,000 Unknown
Previous Owner $212,000 Purchase Money Mortgage
Previous Owner $26,235 Credit Line Revolving
Previous Owner $213,600 Unknown
Previous Owner $192,000 Unknown
Previous Owner $191,000 Unknown
Previous Owner $176,800 Unknown
Previous Owner $22,100 Unknown
Previous Owner $184,000 Unknown
Previous Owner $88,000 No Value Available
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 $7,587 $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: MRD09976828

Midwest Real Estate Data (MRED)

APN: 02-24-203-044-1080