$340,000
SOLD APR 28, 2016
4 Beds
3 Baths
2,128 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$160 Per Sq Ft

3% Below List Price

10 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Walk-In Pantry
  • Palatine High School Rated A
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of October 2023

This beautiful colonial home in Banbury Lane has it all! Updated kitchen offers crisp white cabinetry, granite countertops with breakfast bar, all newer Stainless Steel appliances and opens to the warm and inviting family room with brick fireplace. Hardwood flooring throughout - even under the carpeting. Huge master bedroom suite boasts a walk in closet with organizers and full master bathroom with separate dressing area. Ceiling fans in all bedrooms. Full unfinished basement is just waiting for your finishing touches. Private backyard is fully fenced and has a deck and brick paver patio with pergola! Perfect for outdoor entertaining. Fresh neutral paint throughout. Newer washer/dryer. Brand new Marvin windows and exterior doors. Great convenient location. Close to Palatine bike path and Tom T Hamilton Park. Just move in and enjoy!

Last Agent to Sell the Property

Royal Hartwig

Royal Family Real Estate License #471018377 Listed on: 02/17/2016

Royal Family Real Estate

Last Buyer's Agent

Linda Carl

Baird & Warner License #471011220

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,268

Year Built

  • 1968

Lot Details

  • Southern Exposure
  • Fenced Yard
  • Landscaped Professionally

Parking

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

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

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

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Brick Porch or Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,268

Year Built

1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1968
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, TV-Dish, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: Foyer, Walk In Closet
  • Master Bedroom: Dimensions: 16X13, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Foyer, Dimensions: 12X8, On Level: Main Level, Flooring: Slate
  • Bedroom 2: Dimensions: 15X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Walk in Closet, Dimensions: 6X6, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 10X10, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 2128
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Brick Paver Patio, Storms/Screens
  • Exposure: S (South)
  • Acreage: 0.2315

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: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 211
  • Elementary School: VIRGINIA LAKE ELEMENTARY SCHOOL
  • Middle School: WALTER R SUNDLING JUNIOR HIGH SC
  • High School: PALATINE HIGH SCHOOL
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 82X123
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 02114100250000

Tax Info

  • Taxes: 8123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2016
Closed on
Apr 28, 2016
Sold by
Kolodziej Stephen M and Kolodziej Kimberly
Bought by
Wood Matthew C and Wood Meghan A
Seller's Agent
Royal Hartwig
Royal Family Real Estate
Buyer's Agent
Linda Carl
Baird & Warner
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Current Estimated Value
$536,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,362
Avg. Annual Appreciation
4.98%
Original Mortgage
$297,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2012
Closed on
Nov 29, 2012
Sold by
Vanrossem Steven Van and Vanrossem Colleen Van
Bought by
Kolodziej Stephen M and Kolodziej Kimberly
Seller's Agent
Ilona Leber
Baird & Warner
Buyer's Agent
Royal Hartwig
Royal Family Real Estate
List Price
$355,000
Sold Price
$337,500
Premium/Discount to List
-$17,500
-4.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.22%
Original Mortgage
$270,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2009
Sold by
Jacobs Colleen
Bought by
Vanrossem Steven and Vanrossem Van Rossem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
4.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 23, 2006
Sold by
Prudential Relocation Inc
Bought by
Jacobs Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2006
Sold by
Raad Teofilo D and Raad Judith M
Bought by
Prudential Relocation Inc

Purchase Details

Closed on
Apr 21, 2006
Sold by
Raad Judith M
Bought by
Raad Teofilo D and Raad Judith M

Purchase Details

Closed on
Jun 12, 2004
Sold by
Raad Teofilo D and Raad Judith M
Bought by
Raad Judith M and Judith M Raad Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 31, 2002
Sold by
Morris Michael J and Morris Barbara E
Bought by
Raad Teofilo D and Raad Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,500
Interest Rate
5%

Purchase Details

Closed on
Dec 10, 1996
Sold by
Fleet Finance Inc
Bought by
Morris Michael J and Morris Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.85%
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 Type Sale Price Title Company
Warranty Deed $340,000 Attorney
Warranty Deed $168,750 Baird & Warner Title Service
Quit Claim Deed -- Ticor Title Insurance Co
Special Warranty Deed $440,000 Ticor
Warranty Deed $440,000 Ticor
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $376,500 --
Warranty Deed $199,500 1St American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $30,000 Credit Line Revolving
Open $272,000 New Conventional
Closed $297,500 New Conventional
Previous Owner $270,000 New Conventional
Previous Owner $189,400 New Conventional
Previous Owner $198,000 Unknown
Previous Owner $200,600 Unknown
Previous Owner $240,000 New Conventional
Previous Owner $240,000 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $296,500 No Value Available
Previous Owner $155,000 Unknown
Previous Owner $125,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $470,000 +2.2% $221 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $460,000 +35.3% $216 / Sq Ft
04/28/2016 04/28/16 Sold $340,000 -2.9% $160 / Sq Ft
02/27/2016 02/27/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $350,000 +3.7% $164 / Sq Ft
11/30/2012 11/30/12 Sold $337,500 -4.9% $159 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $355,000 -- $167 / 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 $10,268 $38,000 $8,069 $29,931
2023 $9,904 $38,000 $8,069 $29,931
2022 $9,904 $38,000 $8,069 $29,931
2021 $9,176 $31,584 $5,043 $26,541
2020 $9,112 $31,584 $5,043 $26,541
2019 $9,137 $35,290 $5,043 $30,247
2018 $9,937 $35,411 $4,538 $30,873
2017 $10,796 $35,411 $4,538 $30,873
2016 $9,333 $35,411 $4,538 $30,873
2015 $7,580 $27,293 $4,034 $23,259
2014 $8,123 $29,331 $4,034 $25,297
2013 $7,897 $29,331 $4,034 $25,297
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09141852

Midwest Real Estate Data (MRED)

APN: 02-11-410-025-0000