NOT LISTED FOR SALE

Estimated Value: $417,000 - $442,000

4 Beds
2 Baths
1,682 Sq Ft
$256/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $345,000 $205 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,893/month

3 Days on Market

Highlights

  • Property is near park
  • Ranch Style House
  • 2 Car Attached Garage
  • Palatine High School Rated A
  • Formal Dining Room
  • Living Room

About This Home

As of May 2023

Four bedroom ranch in a fantastic location! Bright and open layout includes updated kitchen which opens up to the spacious family room. Large living room and separate dining room with picture window. En-suite primary bedroom includes a wall of closets. "Tiki" Bar and firepit included in the backyard. Walk to schools, parks, and trails at Hamilton Reservoir, plus minutes from downtown Palatine! AC unit (2018), Furnace (2015), Water Heater (2010), Roof, siding, gutters (2008). This home has been lovingly maintained but is sold *as-is*.

Last Agent to Sell the Property

Victoria Freund

@properties Christie's International Real Estate License #475146650 Listed on: 03/31/2023

@properties   Christie's International Real Estate

Last Buyer's Agent

Lindsay Schulz

Compass License #475182728

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,154

Year Built

  • Built in 1972

Lot Details

  • 9,975 Sq Ft Lot
  • Lot Dimensions are 78x128

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,682 Sq Ft Home
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near park

Schools

  • Lincoln Elementary School
  • Walter R Sundling Junior High Sc
  • Palatine High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,154

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1972
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • LivingArea: 1682
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1682
  • Basement Description: Slab
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 1682
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Sidewalks
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Palatine High School
  • Middle/Junior School: Walter R Sundling Junior High Sc

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.229
  • Lot Dimensions: 78X128
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16

Tax Info

  • Tax Annual Amount: 6154
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 4, 2023
Sold by
Kohnert Ronald
Bought by
Desai Vipul A
Seller's Agent
Victoria Freund
@properties Christie's International Real Estate
Buyer's Agent
Lindsay Schulz
Compass
List Price
$335,000
Sold Price
$345,000
Premium/Discount to List
$10,000
2.99%
Views
51
Current Estimated Value
$430,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,864
Avg. Annual Appreciation
8.78%
Original Mortgage
$276,000
Outstanding Balance
$266,795
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$164,069

Purchase Details

Closed on
Jun 18, 2004
Sold by
Kohnert Ronald and Kohnert Lynn
Bought by
Kohnert Ronald
Source: Public Records
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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
Desai Vipul A $345,000 None Listed On Document
Kohnert Ronald -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Vipul A $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $345,000 +3.0% $205 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $335,000 -- $199 / 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
2025 $7,707 $39,000 $9,476 $29,524
2024 $7,707 $32,000 $7,980 $24,020
2023 $5,769 $32,000 $7,980 $24,020
2022 $5,769 $32,000 $7,980 $24,020
2021 $6,154 $25,608 $4,987 $20,621
2020 $6,208 $25,608 $4,987 $20,621
2019 $6,239 $28,613 $4,987 $23,626
2018 $7,401 $30,687 $4,488 $26,199
2017 $7,504 $30,687 $4,488 $26,199
2016 $7,487 $30,687 $4,488 $26,199
2015 $7,250 $26,220 $3,990 $22,230
2014 $7,179 $26,220 $3,990 $22,230
2013 $6,977 $26,220 $3,990 $22,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11745331

Midwest Real Estate Data (MRED)

APN: 02-11-311-024-0000