Seller's Agent in 2024
Johnny Phan
Baird & Warner
(773) 852-9261
2 in this area
156 Total Sales
477 E Home Ave Palatine, IL 60074
Virginia Lake NeighborhoodEstimated Value: $739,000 - $788,000
5
Beds
3.5
Baths
3,500
Sq Ft
$217/Sq Ft
Est. Value
Highlights
- Landscaped Professionally
- Deck
- Recreation Room
- Palatine High School Rated A
- Contemporary Architecture
- Vaulted Ceiling
About This Home
As of May 2024Multiple offer Received. Calling for Highest and Best Due 4/7 6pm! Welcome to Concord Mills! This stunning home, built by Concord Homes, offers over 3500 square feet of living space. Featuring a 2-story foyer and living room, 5 bedrooms and 3.1 bathrooms, including a first-floor bedroom with an en-suite bath. The recently updated main level has new hardwood flrs, new kitchen boasts white soft cabinetry, quartz countertops and stainless steel appliances, with a dinette, spacious family room and a 3-season sunroom overlooking the spacious backyard makes this home perfect for entertaining. The bright primary bedroom features cathedral ceilings, walk-in closets, and a semi-updated bath. With an automatic sprinkler system, garage with extra-high ceilings, and a location near top-rated schools, highways, and amenities, this home is a must-see! First time on the the market! Homes in this subdivision rarely goes on the market.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,557
Year Built
- Built in 1996 | Remodeled in 2023
Lot Details
- 8,999 Sq Ft Lot
- Fenced Yard
- Wood Fence
- Landscaped Professionally
- Paved or Partially Paved Lot
- Sprinkler System
HOA Fees
- $18 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 4 Open Parking Spaces
- Garage Transmitter
- Garage Door Opener
- Driveway
- Off-Street Parking
- Parking Included in Price
Home Design
- Contemporary Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,500 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Entrance Foyer
- Combination Dining and Living Room
- Home Office
- Recreation Room
- Sun or Florida Room
- Wood Flooring
Kitchen
- Breakfast Bar
- Gas Oven
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- Dual Sinks
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Partial Basement
- Sump Pump
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Outdoor Features
- Deck
- Porch
Utilities
- Central Air
- Heating System Uses Natural Gas
- 100 Amp Service
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2024
Closed on
May 2, 2024
Sold by
Stanley Yee Revocable Trust and Yee Stanley
Bought by
Patel Shivani G and Patel Sunny Tom
Seller's Agent
Johnny Phan
Baird & Warner
Buyer's Agent
Mohan Sebastian
Achieve Real Estate Group Inc
List Price
$620,000
Sold Price
$686,101
Premium/Discount to List
$66,101
10.66%
Views
55
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,928
Avg. Annual Appreciation
6.63%
Original Mortgage
$449,090
Outstanding Balance
$442,924
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$316,869
Purchase Details
Closed on
May 29, 2021
Sold by
Yee Stanley and Yee Susan
Bought by
Yee Stanley and Stanley Yee Revocable Trust
Purchase Details
Closed on
Feb 18, 2021
Sold by
Yee Stanley and Stanley Yee Revocable Trust
Bought by
Yee Stanley and Yee Hanako Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
2.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 30, 2017
Sold by
Yee Stanley and Yee Susan H
Bought by
Yee Stanley and Stanley Yee Revocable Trust
Purchase Details
Closed on
Dec 6, 1995
Sold by
Concord Mills Ltd Partnership
Bought by
Yee Stanley and Yee Susan Hanako
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
7.28%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Shivani G | $686,500 | None Listed On Document | |
| Yee Stanley | -- | First American Title Ins Co | |
| Yee Stanley | -- | First American Title Ins Co | |
| Yee Stanley | -- | Attorney | |
| Yee Stanley | $321,000 | Ticor Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Shivani G | $449,090 | |
| Previous Owner | Yee Stanley | $187,000 | |
| Previous Owner | Yee Stanley | $222,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/09/2024 05/09/24 | Sold | $686,101 | +10.7% | $196 / Sq Ft |
| 04/07/2024 04/07/24 | Pending | -- | -- | -- |
| 04/05/2024 04/05/24 | For Sale | $620,000 | -- | $177 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $13,036 | $50,000 | $11,700 | $38,300 |
| 2023 | $12,557 | $50,000 | $11,700 | $38,300 |
| 2022 | $12,557 | $50,000 | $11,700 | $38,300 |
| 2021 | $13,490 | $47,533 | $6,750 | $40,783 |
| 2020 | $13,420 | $47,533 | $6,750 | $40,783 |
| 2019 | $14,299 | $53,289 | $6,750 | $46,539 |
| 2018 | $14,042 | $48,619 | $6,075 | $42,544 |
| 2017 | $13,794 | $48,619 | $6,075 | $42,544 |
| 2016 | $13,078 | $48,619 | $6,075 | $42,544 |
| 2015 | $12,764 | $44,166 | $5,625 | $38,541 |
| 2014 | $12,626 | $44,166 | $5,625 | $38,541 |
| 2013 | $12,285 | $44,166 | $5,625 | $38,541 |
Source: Public Records
Agents Affiliated with this Home
-
Johnny Phan
-
Mohan Sebastian
Buyer's Agent in 2024
Mohan Sebastian
Achieve Real Estate Group Inc
(847) 331-1123
1 in this area
96 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12020970
APN: 02-11-211-008-0000
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