NOT LISTED FOR SALE

Estimated Value: $410,000 - $506,000

4 Beds
2 Baths
1,628 Sq Ft
$276/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $325,000 $200 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,194/month

7 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Fenced Yard
  • Plum Grove Jr High School Rated A-
  • Wood Flooring
  • Garage

About This Home

As of September 2020

MULTIPLE OFFERS RECEIVED. SELLER IS REQUESTING HIGHEST & BEST OFFERS BY 5:00PM, SUNDAY AUGUST 16, 2020. WOW! Remarkable home nestled on over a half acre fenced lot, w/ award winning schools. Huge deck & enormous yard, perfect for entertaining. Two garages,(holds 4 cars). Large work room in main garage as well. Steps to Fremd HS, downtown Palatine, train, restaurants & shopping. Do yourself a favor and schedule your showing today! Will go fast in this market, don't wait!

Last Listed By

Steven Koleno

Dream Town Real Estate License #471019159 Listed on: 08/11/2020

Dream Town Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,472

Year Built

  • 1953

Lot Details

  • Southern Exposure
  • Fenced Yard
  • Irregular Lot

Parking

  • Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Skylights
  • Wood Flooring
  • Crawl Space
  • Breakfast Bar
  • Laundry on main level

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • Bathroom on Main Level

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,472

Year Built

1953

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Interior Property Features: Skylight(s), Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood
  • Equipment: Ceiling Fan, Sump Pump
  • Basement: Crawl
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X6, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 9X7, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 16X10, On Level: Main Level, Flooring: Vinyl, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1628
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 21X10, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: S (South)
  • Acreage: 0.5785

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Attached, Detached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 211
  • High School: Wm Fremd High School
  • Junior High Dist: 15

Lot Info

  • Lot Dimensions: 102 X 252
  • Lot Description: Fenced Yard, Irregular
  • Parcel Identification Number: 02221150070000

Tax Info

  • Taxes: 8899.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Sep 14, 2020
Sold by
Ih2 Property Illinis Lp
Bought by
Burrows James P
Seller's Agent
Steven Koleno
Dream Town Real Estate
Buyer's Agent
Lisa Sweeney
Realty Executives Advance
List Price
$281,900
Sold Price
$325,000
Premium/Discount to List
$43,100
15.29%
Total Days on Market
7
Current Estimated Value
$448,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,788
Avg. Annual Appreciation
7.19%
Original Mortgage
$260,000
Outstanding Balance
$234,201
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$214,587

Purchase Details

Closed on
May 8, 2018
Sold by
2018 2 Ih Borrower L P
Bought by
Ih2 Property Illinois L P

Purchase Details

Closed on
Jan 29, 2015
Sold by
Ih2 Property Illinois Lp
Bought by
2015 & 1 Ih2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,854,000
Interest Rate
3.85%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jun 28, 2013
Closed on
Aug 22, 2013
Sold by
Morgan Linda
Bought by
Ih2 Property Illinois Lp
Seller's Agent
Amy Diamond
@properties Christie's International Real Estate
Buyer's Agent
Maria DelBoccio
@properties Christie's International Real Estate
List Price
$289,000
Sold Price
$240,000
Premium/Discount to List
-$49,000
-16.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Sep 20, 2010
Sold by
West Virgil M and West Sandra J
Bought by
Bank Of Palatine

Purchase Details

Closed on
May 12, 1995
Sold by
First Bank & Trust Company Of Illinois
Bought by
West Virgil M and West Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.88%

Range of Values:

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Average Value
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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
Burrows James P $325,000 Chicago Title
Ih2 Property Illinois L P -- Os National Llc
2015 & 1 Ih2 Borrower Lp -- None Available
Ih2 Property Illinois Lp $240,000 Old Republic National Title
Bank Of Palatine -- None Available
West Virgil M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burrows James P $260,000
Previous Owner 2015 & 1 Ih2 Borrower Lp $540,854,000
Previous Owner West Virgil M $375,000
Previous Owner West Virgil M $127,000
Previous Owner West Virgil M $226,000
Previous Owner West Virgil $225,000
Previous Owner West Virgil M $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $325,000 +15.3% $200 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $281,900 +17.5% $173 / Sq Ft
08/26/2013 08/26/13 Sold $240,000 -17.0% $137 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
08/05/2013 08/05/13 Price Changed $289,000 0.0% $165 / Sq Ft
08/05/2013 08/05/13 For Sale $289,000 +20.4% $165 / Sq Ft
07/19/2013 07/19/13 Off Market $240,000 -- --
07/16/2013 07/16/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $299,000 0.0% $171 / Sq Ft
07/02/2013 07/02/13 Pending -- -- --
06/28/2013 06/28/13 For Sale $299,000 +23.6% $171 / Sq Ft
05/22/2012 05/22/12 Sold $242,000 -15.8% $138 / Sq Ft
05/05/2012 05/05/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $287,500 -- $164 / 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 $8,472 $33,000 $15,120 $17,880
2023 $8,472 $33,000 $15,120 $17,880
2022 $8,472 $33,000 $15,120 $17,880
2021 $6,358 $22,908 $8,820 $14,088
2020 $7,329 $22,908 $8,820 $14,088
2019 $7,316 $25,511 $8,820 $16,691
2018 $8,900 $28,638 $8,190 $20,448
2017 $8,732 $28,638 $8,190 $20,448
2016 $8,120 $28,638 $8,190 $20,448
2015 $7,341 $23,893 $7,560 $16,333
2014 $7,252 $23,893 $7,560 $16,333
2013 $7,067 $23,893 $7,560 $16,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10815714

Midwest Real Estate Data (MRED)

APN: 02-22-115-007-0000