NOT LISTED FOR SALE

Estimated Value: $348,838 - $484,000

4 Beds
1 Bath
2,184 Sq Ft
$190/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $230,000 $105 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,003/month

38 Days on Market

Highlights

  • Wood Flooring
  • Farmhouse Style Home
  • Formal Dining Room
  • Plum Grove Jr High School Rated A-
  • Sitting Room
  • 2 Car Detached Garage

About This Home

As of June 2023

Historic home in the heart of downtown Palatine. Versatile floorplan and spacious room sizes give this home unlimited potential. Gorgeous wood trim throughout. Bring your contractor or your tool belt to bring this beauty back to life! Huge garage holds potential of it's own for storage, workshop or ??? See it today! Home being sold "As Is"

Last Agent to Sell the Property

Cindy Eich

RE/MAX Suburban License #471022591 Listed on: 03/23/2023

RE/MAX Suburban

Co-Listed By

Martin Eich

RE/MAX Suburban License #475134374

Last Buyer's Agent

Anam Hargey

@properties Christie's International Real Estate License #475192201

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,199

Year Built

  • Built in 1869

Lot Details

  • Lot Dimensions are 66 x 132
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Farmhouse Style Home
  • Brick Foundation
  • Block Foundation
  • Shake Roof

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Block Basement Construction
  • Stone or Rock in Basement

Schools

  • Stuart R Paddock Elementary School
  • Plum Grove Junior High School
  • Wm Fremd High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,199

Year Built

Built in 1869

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1869
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • LivingArea: 2184
  • Room Type: Sitting Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Exterior Access,Concrete Block,Stone/Rock
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Block, Brick/Mortar
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Cedar,Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Stuart R Paddock School
  • High School: Wm Fremd High School
  • Middle/Junior School: Plum Grove Junior High School

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 66 X 132
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9199.38
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Jun 16, 2023
Sold by
Irwin C Nichols C and Irwin Mary F
Bought by
Demarke Gregory T and De Marke Charles
Seller's Agent
Cindy Eich
RE/MAX Suburban
Buyer's Agent
Anam Hargey
@properties Christie's International Real Estate
List Price
$299,000
Sold Price
$230,000
Premium/Discount to List
-$69,000
-23.08%
Views
347
Current Estimated Value
$414,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,960
Avg. Annual Appreciation
28.54%
Original Mortgage
$207,000
Outstanding Balance
$201,942
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$213,018
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Demarke Gregory T $230,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demarke Gregory T $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold $230,000 -16.4% $105 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/06/2023 04/06/23 Price Changed $275,000 -8.0% $126 / Sq Ft
03/23/2023 03/23/23 For Sale $299,000 -- $137 / 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 $9,972 $22,540 $2,614 $19,926
2023 $9,617 $37,000 $2,614 $34,386
2022 $9,617 $37,000 $2,614 $34,386
2021 $8,391 $29,168 $1,524 $27,644
2020 $8,339 $29,168 $1,524 $27,644
2019 $8,332 $32,482 $1,524 $30,958
2018 $6,534 $24,460 $1,415 $23,045
2017 $6,429 $24,460 $1,415 $23,045
2016 $6,227 $24,460 $1,415 $23,045
2015 $5,828 $21,591 $1,306 $20,285
2014 $5,774 $21,591 $1,306 $20,285
2013 $5,608 $21,591 $1,306 $20,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11743493

Midwest Real Estate Data (MRED)

APN: 02-22-208-008-0000