NOT LISTED FOR SALE

471 E Mill Valley Rd Palatine, IL 60074

Reseda Neighborhood

Estimated Value: $538,511 - $563,000

4 Beds
2.5 Baths
2,100 Sq Ft
$261/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $475,000 $226 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,790/month

3 Days on Market

Highlights

  • Above Ground Pool
  • Colonial Architecture
  • Property is near a park
  • Palatine High School Rated A
  • Deck
  • Wood Flooring

About This Home

As of July 2023

Welcome to this warm and inviting 2- story colonial home nestled on a quiet tree lined street in a wonderful neighborhood. Inviting foyer with beautiful hardwood floors opens to a bright & airy living room & dining room. Spacious family room with a beautifully refreshed wood/gas fireplace opens to the beautiful kitchen with a breakfast bar, and high-end SS appliances. Enjoy the 3- season sunroom relaxing to music on the Bluetooth amp with speakers while overlooking the expansive backyard with mature trees. Upstairs features an oversized primary suite with a private bath tastefully updated and plenty of closet space, plus 3 additional generous bedrooms with plenty of closet space and a guest bath. Gorgeous hardwood flooring and crown molding main floor. There is an ample amount of storage space throughout the home with numerous closets and a storage area in the basement. The huge basement awaits your finishing touches for whatever your needs. Expansive fenced backyard offers great space for family and friends' gatherings. Excellent location and well maintained, tastefully updated in neutral decor and close to shopping, restaurants, expressways and train station, and entertainment. The extra refrigerator and above ground pool stays with home. This home has so many upgrades including the following: 2021-2023-new attic fan/thermostat, humidistat, high- end Stainless Steel appliances: GE D/W, Refrigerator, Gas Range, GE Microwave, touch kitchen faucet, new interior ceiling light fixtures, powder room: new faucet and light fixture, chimney inspection, exterior garden with fruit bushes (raspberry & blueberry). Freshly painted fireplace, ensuite bath remodel, sunroom blinds window coverings in all bedrooms. kitchen backsplash, jeep hardtop hoist interior of garage, smart light switches, ring doorbell, whirlpool whole house water filter system, freshly painted brick fireplace, sunroom Bluetooth amp with speakers This home is located in an excellent school district and offers the perfect combination of features and location. Don't miss your chance to own this amazing home, make your appointment today.

Last Agent to Sell the Property

Marcy Smith

HomeSmart Connect LLC License #475156102 Listed on: 05/17/2023

HomeSmart Connect LLC

Last Buyer's Agent

Nadine Pomilia

RE/MAX Suburban License #475125357

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,161

Year Built

  • Built in 1966

Lot Details

  • 9,274 Sq Ft Lot
  • Lot Dimensions are 117 x 79
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Blinds
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Screened Porch
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Above Ground Pool
  • Deck
  • Shed

Location

  • Property is near a park

Schools

  • Virginia Lake Elementary School
  • Walter R Sundling Junior High Sc
  • Palatine High School

Utilities

  • Central Air
  • Humidifier
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • Reseda Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,161

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Reseda
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Walk-In Closet(s), Some Carpeting, Drapes/Blinds, Separate Dining Room
  • LivingArea: 2100
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan(s), Fan-Attic Exhaust, Sump Pump, Radon Mitigation System
  • Room Type: Screened Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Porch Screened, Above Ground Pool
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 4
  • Number of Cars: 6
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Acres: 0.2129
  • Lot Dimensions: 117 X 79
  • 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: 9161.04
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jul 13, 2023
Sold by
Fox Jeffrey A and Fox Amy M
Bought by
Tlusty Jonathan and Seidlitz Shayna
Seller's Agent
Marcy Smith
HomeSmart Connect LLC
Buyer's Agent
Nadine Pomilia
RE/MAX Suburban
List Price
$434,000
Sold Price
$475,000
Premium/Discount to List
$41,000
9.45%
Views
64
Current Estimated Value
$549,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,128
Avg. Annual Appreciation
6.12%
Original Mortgage
$380,000
Outstanding Balance
$371,085
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$178,043

Purchase Details

Listed on
Oct 22, 2020
Closed on
Feb 24, 2021
Sold by
Mccrea Tod M and Mccrea April L
Bought by
Fox Jeffrey A and Fox Amy M
Seller's Agent
Carolyn Angst
HomeSmart Connect LLC
Buyer's Agent
Marcy Smith
HomeSmart Connect LLC
List Price
$409,000
Sold Price
$378,000
Premium/Discount to List
-$31,000
-7.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$366,660
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jun 16, 2014
Sold by
Lynch Kevin and Lynch Christina
Bought by
Mccrea Tod M and Mccrea April L
Seller's Agent
Katy Mele
Coldwell Banker Realty
Buyer's Agent
Lois Infelise
Coldwell Banker Realty
List Price
$372,500
Sold Price
$375,000
Premium/Discount to List
$2,500
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.12%
Original Mortgage
$300,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2010
Sold by
Baylis Henry E
Bought by
Lynch Kevin and Lynch Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
5.09%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 7, 2005
Sold by
Baylis Henry E
Bought by
Baylis Henry E and Henry E Baylis Iii Revocable Living Tr

Purchase Details

Closed on
Aug 28, 1997
Sold by
Dramel William F and Dramel Betty L
Bought by
Baylis Henry E

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
7.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tlusty Jonathan $475,000 None Listed On Document
Fox Jeffrey A $378,000 Ata National Title
Mccrea Tod M $375,000 Ct
Lynch Kevin $361,500 Multiple
Baylis Henry E -- --
Baylis Henry E $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tlusty Jonathan $380,000
Previous Owner Fox Jeffrey A $366,660
Previous Owner Mccrea Tod M $300,000
Previous Owner Lynch Kevin $307,000
Previous Owner Baylis Henry E $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2023 07/14/23 Sold $475,000 +9.4% $226 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $434,000 +14.8% $207 / Sq Ft
02/26/2021 02/26/21 Sold $378,000 -1.8% $180 / Sq Ft View Prior Sale
01/06/2021 01/06/21 Pending -- -- --
12/31/2020 12/31/20 Price Changed $385,000 -3.7% $183 / Sq Ft
11/05/2020 11/05/20 Price Changed $399,998 -2.2% $190 / Sq Ft
10/22/2020 10/22/20 For Sale $409,000 +9.1% $195 / Sq Ft
06/17/2014 06/17/14 Sold $375,000 +0.7% $179 / Sq Ft View Prior Sale
04/17/2014 04/17/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $372,500 -- $177 / 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 $10,954 $37,000 $7,421 $29,579
2023 $10,597 $37,000 $7,421 $29,579
2022 $10,597 $37,000 $7,421 $29,579
2021 $9,161 $31,538 $4,638 $26,900
2020 $9,097 $31,538 $4,638 $26,900
2019 $9,123 $35,239 $4,638 $30,601
2018 $8,647 $31,260 $4,174 $27,086
2017 $8,502 $31,260 $4,174 $27,086
2016 $8,864 $31,260 $4,174 $27,086
2015 $10,262 $33,398 $3,710 $29,688
2014 $9,357 $33,398 $3,710 $29,688
2013 $9,100 $33,398 $3,710 $29,688
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11785081

Midwest Real Estate Data (MRED)

APN: 02-11-404-027-0000