NOT LISTED FOR SALE

446 E Balsam Ln Unit 1 Palatine, IL 60074

Reseda Neighborhood

Estimated Value: $582,305 - $696,000

6 Beds
3 Baths
2,928 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 22, 2014

Last sale price $461,000 $157 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,543/month

7 Days on Market

Highlights

  • Heated Floors
  • Colonial Architecture
  • Screened Porch
  • Palatine High School Rated A
  • Main Floor Bedroom
  • Walk-In Pantry

About This Home

As of May 2014

Don't Miss Out! This beautiful home is nestled in a highly sought after neighborhood, and sits on an angled lot that adds substantial size to the yard. Home is also walking distance to schools, parks, the library, and pool. This home features New Siding, a Screened Porch, 2 Storage Sheds, Excellent Floor Plan, and a 6th Bed/Den on the main level. The basement offers both finished and unfinished elements.

Last Agent to Sell the Property

Elizabeth Goodchild

Realty of America License #471009852 Listed on: 03/14/2014

Realty of America

Co-Listed By

Joe Tortorici

Weichert, Realtors - Goodchild Homes

Last Buyer's Agent

Patricia Loftus

HomeSmart Connect LLC License #475116840

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,045

Year Built

  • 1969

Lot Details

  • 0.27

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Side Driveway
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Fireplace With Gas Starter
  • Screened Porch
  • Partially Finished Basement
  • Partial Basement

Kitchen

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

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,045

Year Built

1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 41-50 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1969
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Interior Property Features: Hardwood Floors, Heated Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Living Room: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Starter
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 6
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 6
  • Dining Room: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Screened Porch
  • Master Bedroom: Dimensions: 17X14, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Screened Porch, Dimensions: 32X16, On Level: Main Level, Flooring: Other, Windows: None
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 2928
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X15, On Level: Main Level, Flooring: Carpet, Windows: None

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch Screened
  • Acreage: 0.2727

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, Side Drive
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems

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: 76X150
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 02114150140000

Tax Info

  • Taxes: 10639

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2014
Sold by
Zelch Christopher R and Zelch Minna G
Bought by
Kessler Kenneth L and Kessler Jenna L
Total Days on Market
7
Current Estimated Value
$633,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2010
Sold by
Wiedemann Thomas W and Wiedemann Rhea M
Bought by
Zelch Christopher R and Zelch Minna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 1996
Sold by
Cockrell Larry G and Cockrell Carol A
Bought by
Wiedemann Thomas W and Wiedemann Rhea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
8.07%

Purchase Details

Closed on
Jan 11, 1994
Sold by
Parke Robert N and Parke Carol L
Bought by
Cockrell Larry G and Cockrell Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.26%
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
Kessler Kenneth L $461,000 Git
Zelch Christopher R $428,000 None Available
Wiedemann Thomas W $275,000 --
Cockrell Larry G $183,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kessler Kenneth I $40,000
Open Kessler Kenneth L $358,972
Previous Owner Kessler Kenneth L $368,800
Previous Owner Zelch Christopher R $385,200
Previous Owner Wiedemann Thomas W $345,000
Previous Owner Wiedemann Thomas W $50,000
Previous Owner Wiedemann Thomas W $100,000
Previous Owner Wiedemann Thomas W $157,720
Previous Owner Wiedemann Thomas W $160,000
Previous Owner Wiedermann Thomas W $100,000
Previous Owner Wiedemann Thomas W $199,000
Previous Owner Wiedemann Thomas W $205,000
Previous Owner Cockrell Larry G $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2014 05/22/14 Sold $461,000 +2.5% $157 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $449,900 -- $154 / 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 $12,045 $44,000 $9,504 $34,496
2023 $11,622 $44,000 $9,504 $34,496
2022 $11,622 $44,000 $9,504 $34,496
2021 $10,682 $36,222 $5,940 $30,282
2020 $10,596 $36,222 $5,940 $30,282
2019 $10,623 $40,472 $5,940 $34,532
2018 $11,386 $40,072 $5,346 $34,726
2017 $11,188 $40,072 $5,346 $34,726
2016 $10,654 $40,072 $5,346 $34,726
2015 $11,367 $39,620 $4,752 $34,868
2014 $11,246 $39,620 $4,752 $34,868
2013 $10,940 $39,620 $4,752 $34,868
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08558617

Midwest Real Estate Data (MRED)

APN: 02-11-415-014-0000